Fintech giant Block has laid off 931 employees—approximately 8% of its workforce—in a company-wide restructuring move, according to an internal email obtained by TechCrunch. In the message to staff, CEO Jack Dorsey outlined the rationale behind the job cuts,...
Polymarket is facing scrutiny following a controversial settlement in a political betting market. The issue arose from a market predicting whether U.S. President Donald Trump would finalize a rare earth mineral deal with Ukraine before April. Although no agreement...
Bitget has secured a significant sponsorship deal with professional driver Flávio Sampaio for the 2025 Porsche Cup Brasil, marking the first time a cryptocurrency exchange will be featured as a sponsor in the prestigious racing series. According to a...
Nubank, a financial institution in Latin America supported by Berkshire Hathaway, has enhanced its crypto offerings by adding Cardano (ADA), Near Protocol (NEAR), Cosmos (ATOM), and Algorand (ALGO) to its platform. With these additions, Nubank Cripto now offers a...
North Carolina is exploring the inclusion of cryptocurrency in its state retirement system, with lawmakers introducing two related bills on March 24 and 25. House Bill 506, known as the Investment Modernization Act, was introduced by Representative Brenden Jones,...
Ethena Labs has deepened its presence in the tokenized U.S. Treasuries market, adding another $225 million worth of BlackRock’s BUIDL tokens on March 25, according to data from Arkham Intelligence. This latest acquisition brings Ethena’s total BUIDL holdings to...
Abracadabra Money recently faced a security incident involving its gmCauldrons, resulting in a loss of about 13 million MIM. The gmCauldrons, which allow users to leverage gmTokens for borrowing MIM or using yield-bearing LP tokens, are essential to the...
Rumble, the Canada-based video-sharing platform, is gearing up to introduce its digital wallet to enhance creator monetization with support from stablecoin giant Tether. CEO Chris Pavlovski announced the initiative in an X post revealing that the "Rumble Wallet" will...
South Korean authorities have blocked access to several foreign cryptocurrency exchange apps on Google Play, including Poloniex, KuCoin, MEXC, Phemex, and Bitrue, citing their unregistered status in the country. In a March 26 press release, the Financial Intelligence Unit...
The UK's Financial Conduct Authority (FCA) has raised concerns over the growing number of young investors under 35 turning to cryptocurrencies as their first financial investment. FCA Chief Executive Nikhil Rathi warned that these assets are highly risky, with...
