Coinbase will minimize about 700 staff, or 14% of its workforce, beneath a May 5 restructuring plan that the corporate says will cost $50 million to $60 million. The firm framed the transfer as a response to two forces: crypto-market volatility and a shift in how synthetic intelligence is altering the work inside Coinbase. Armstrong…
Key Takeaways ▸ Prediction markets are quickly shifting in the California governor race, with Xavier Becerra surging into the lead as ballots exit. ▸ Traders are pricing Democratic consolidation even as polls nonetheless present a fragmented discipline and a aggressive GOP problem. The California governor race has a brand new chief on prediction markets as…
Bitcoin is as soon as once more at a essential technical crossroads, with a extensively mentioned chart construction suggesting that a sharp decline might be on the desk. A current evaluation shared on X by crypto dealer @0xPepesso factors to a basic bearish continuation pattern that, if confirmed, might erase as a lot as $30,000…
Venture Capital large, Andreessen Horowitz (a16z) crypto arm has closed its fifth crypto fund at $2.2 billion. The new car, named Crypto Fund 5, is designed to deploy capital over a very long time horizon and make investments throughout phases in crypto startups. Alongside the fund announcement, the agency stated its CTO, Eddy Lazzarin, has…
Won-denominated trades have accounted for 30% of all spot cryptocurrency quantity globally thus far in 2026, placing Korea second solely to the US greenback market, in line with analysis agency Kaiko. The nation’s 52 million individuals now produce round $26 billion in weekly crypto turnover. The surge runs alongside a parallel growth in Korean equities,…
[PRESS RELEASE – Miami, US, May 5th, 2026] BNB Chain, the main L1 blockchain ecosystem, as we speak introduced it would host an occasion at the Pérez Art Museum Miami on the sidelines of Consensus Miami, bringing collectively builders, buyers, and institutional leaders from throughout the Web3 house. The occasion is open to all attendees,…
The world’s largest crypto change unveiled necessary information affecting its consumer base in India, Ukraine, Mexico, and different international locations. At the identical time, it launched new perpetual contracts and stated it can take away sure buying and selling pairs that not meet the mandatory standards. ‘Stay Connected, Stay Informed’ Binance launched seven new official…
The US SEC (Securities and Exchange Commission) on Tuesday proposed guidelines letting public firms report twice a yr as a substitute of 4 instances. A brand new Form 10-S would substitute the quarterly Form 10-Q for people who choose in. For digital asset corporations and different issuers, the selection sits between speedy compliance financial savings…
Burwick Law filed a federal class motion lawsuit in opposition to rapper Iggy Azalea this week. The go well with alleges she misled patrons of her Mother Iggy (MOTHER) meme coin with guarantees of real-world utility that by no means totally materialized. The criticism was filed within the Southern District of New York. It accuses…
Republic has joined XDC Network as an institutional validator, including one other established monetary expertise establishment to the blockchain’s validator group because it expands its position in commerce finance and real-world asset tokenization. Under the partnership , Republic will function masternodes liable for serving to safe XDC Network and validate on-chain transactions. The announcement hyperlinks…