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Coinbase cuts 14% of staff as it navigates downturn, shifts to AI-native operations

Coinbase CEO Brian Armstrong confirmed the layoffs on X, saying that the company's business remains "volatile" from quarter to quarter.

Standard Chartered expands further into crypto with stake in GSR at $1 billion valuation

Standard Chartered expands further into crypto with stake in GSR at $1 billion valuation

SC Ventures, Standard Chartered’s venture capital division takes a stake in crypto trading firm GSR at a valuation of more than $1 billion, according to Bloomberg.

Andreessen Horowitz's new $2.2 billion crypto fund is chasing stablecoins, DeFi, and the builders no one is watching

Andreessen Horowitz's new $2.2 billion crypto fund is chasing stablecoins, DeFi, and the builders no one is watching

The new fund arrives as firms like Haun Ventures raise $1 billion and VC firms adapt to an AI-driven shift in capital.

a16z crypto raises $2.2 billion for fifth fund, promotes CTO to general partner

a16z crypto has raised $2.2 billion for its fifth fund as it points to growing use of stablecoins, onchain finance, and improving regulation.

FalconX and Sygnum partner to launch tokenized credit offering for institutional clients

FalconX’s facility extends credit through a special-purpose vehicle, backed by overcollateralized loans and monitored in real time.

Bitcoin Price Tops $81,000 For First Time Since January

Bitcoin price surged above $81,000 for the first time since January 2026.

Morning Minute: Crypto VC Haun Raises $1B Despite Market Slump

Morning Minute: Crypto VC Haun Raises $1B Despite Market Slump

Bitcoin is firmly over $80k. The DTCC is about to tokenize everything. And World Liberty Fi countersues Justin Sun.

Toncoin surges 36% as Telegram replaces TON Foundation and slashes fees

Toncoin surges 36% as Telegram replaces TON Foundation and slashes fees

Toncoin has surged more than 36% in 24 hours, outperforming the broader market.

Coinbase latest crypto firm to slash staff citing market conditions and AI shift. Reduces it by 14%.

Coinbase latest crypto firm to slash staff citing market conditions and AI shift. Reduces it by 14%.

Brian Armstrong, the CEO at Coinbase, lays off roughly 660 employees citing market conditions and a pivot to AI for greater efficiency.

Bullish to acquire Equiniti in $4.2 billion deal combining transfer agent and tokenization stack

Bullish agreed to acquire Equiniti in a $4.2 billion deal combining its tokenization stack with the global transfer agent’s infrastructure.

Coinbase Cuts 14% Of Workforce, Signals AI-Driven Future

Coinbase CEO Brian Armstrong took to Twitter to announce that Coinbase will cut 14% of its workforce as part of a shift toward an AI-driven operating model.

Uniswap DAO votes to take back $42m of governance tokens loaned to delegates

Uniswap DAO votes to take back $42m of governance tokens loaned to delegates

Uniswap DAO votes to take back loaned tokens. The cooperative delegated 12.5 million UNI between 2022 and 2023. The loaned tokens have served their purpose, the proposal's author said.

Crypto Exchange Bullish Strikes $4.2 Billion Deal For Equiniti To Build Tokenized Securities Infrastructure

Bullish has agreed to acquire global transfer agent Equiniti in a $4.2 billion transaction.

Strategy shares soar 50% in a month as Bitcoin tops $80,000 ahead of Q1 earnings call

Strategy shares soar 50% in a month as Bitcoin tops $80,000 ahead of Q1 earnings call

Strategy's stock price rallied over 50% in the past month. Bitcoin is trading above $80,000. Bitcoin spot ETFs have pulled in $827 million so far in May.

Aave secures emergency hearing to void ‘catastrophic’ restraining order

Aave secures emergency hearing to void ‘catastrophic’ restraining order

People owed money by North Korea want the crypto that was nearly stolen in the April 18 Kelp DAO hack. That crypto was earmarked for a recovery fund meant to compensate people affected by the hack. Aave LLC has filed an emergency motion, and a hearing has been scheduled for Wednesday.

Bitcoin Price Reclaims $80,000 Amid Surging ETF Demand, Positive Iran News

The bitcoin price broke $80,000 as ETF inflows surged and a golden cross nears, signaling renewed bullish momentum.

Bitcoin-Funded ‘Satoshi Scholarship’ Opens Lomond School Doors To Global Students

Lomond School deepens its Bitcoin integration with a fully funded “Satoshi Scholarship,” turning its campus into a live experiment in Bitcoin-powered education.

Clarity Act odds surge on stablecoin compromise, Coinbase support

Clarity Act odds surge on stablecoin compromise, Coinbase support

Odds the Clarity Act passes in 2026 skyrocketed on Friday. Senators reached a deal regarding stablecoin yield, and Coinbase executives have expressed their support. The deal would ban payments that are "economically or functionally equivalent" to interest-bearing bank deposits.

‘Every hit earns crypto’? App that gives users Bitcoin for getting stoned deemed ‘dangerous’ and ‘unethical’

‘Every hit earns crypto’? App that gives users Bitcoin for getting stoned deemed ‘dangerous’ and ‘unethical’

A cannabis vape pen company is giving out Bitcoin. “Every hit earns crypto,” a tagline on the company’s website reads. Gudtrip says its product isn’t designed to encourage greater cannabis consumption.

Ethereum devs huddled in the Arctic Circle to fix the network. Here’s what to know

Ethereum devs huddled in the Arctic Circle to fix the network. Here’s what to know

Developers spent a week above the Arctic Circle fixing Ethereum's biggest bottleneck. The Ethereum Foundation sold $23 million worth of tokens last week to Bitmine in an OTC deal. Ether is still down more than 50% from its peak last August.

Bitcoin tops $80,000 price as Clarity Act nears Senate floor with new Fed chair imminent

Bitcoin tops $80,000 price as Clarity Act nears Senate floor with new Fed chair imminent

The top crypto topped $80,000 on Monday. Senator Tim Scott says a bipartisan markup is coming for the Clarity Act in May. ETF inflows are accelerating, with $630 million pouring in on the first day of May alone.

Crypto companies raised $600m in April despite despite market downturn, VCs say

Crypto companies raised $600m in April despite despite market downturn, VCs say

An epidemic of “disingenuous innovation” plagues the crypto industry, VCs say. Still, crypto companies raised just over $600 million in April.

Crypto industry reels as April sees highest number of hacks ever

Crypto industry reels as April sees highest number of hacks ever

April saw a record number of crypto hacks. Single points of failure are a growing concern. Code bugs were the cause of the vast majority of incidents.

Hegseth recasts Bitcoin as national security asset amid Russia, China expansion

Hegseth recasts Bitcoin as national security asset amid Russia, China expansion

Hegseth confirms Pentagon is working on “classified” Bitcoin projects. Last week, a US Navy admiral revealed that the military is running its own Bitcoin node.