Latest news on Stock Market

Coinbase Cuts 14% of Staff as AI Restructuring Redefines Crypto Operations

By David E | 5 hours ago

Armstrong bets on leaner AI teams Coinbase is laying off approximately 14% of its workforce, a move that will impact about 660 employees out of a total headcount of more than 4,700.

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X’s Cashtags Feature Drives Over $1 Billion in Trading Volume Within Two Days

By David E | 2 weeks ago

$1B Volume in Just 48 Hours X’s new Cashtags feature has generated more than $1 billion in trading volume within its first two days, marking a significant milestone for the social platform’s financial ambitions...

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Deutsche Börse Invests $200 Million in Kraken, Deepening Institutional Crypto Ties

By David E | 3 weeks ago

German Exchange Bets Big on Crypto Deutsche Börse AG has made a decisive move into the cryptocurrency sector by acquiring a 1.5% fully diluted stake in Payward Inc., the parent company of U.S.-based crypto exchange Kraken...

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Anthropic Claude Mythos AI Model Leak Sends Crypto and Security Sectors Reeling

By David E | 1 month ago

Mythos Leak Rattles Crypto Markets The unintentional leak of Anthropic’s most advanced artificial intelligence model, Claude Mythos, has triggered immediate repercussions across both the crypto and cybersecurity landscapes...

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Circle Stock Plunge and the Clarity Act: Are Stablecoin Fears Overblown?

By Loic Dos Santos | 1 month ago

Circle’s Slide: Overreaction or Red Flag? Circle’s stock (CRCL) took a sharp hit this week, closing at $101.24 on Tuesday after dropping just over 20% in a single day...

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Crypto Markets Drop as Fed Holds Rates and Oil Surges

By Loic Dos Santos | 1 month ago

Fed’s Steady Hand Rattles Crypto Bulls The Federal Reserve’s decision to keep its benchmark interest rate steady at 3.50%–3.75% on Wednesday sent ripples through risk assets, including cryptocurrencies...

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Block Slashes 40% of Workforce as AI Restructuring Upends Payments Giant

By Loic Dos Santos | 2 months ago

Wall Street Cheers Massive Block Cuts Block, Inc.—the payments behemoth led by Jack Dorsey—announced plans to cut more than 4,000 jobs, shrinking its global workforce from just over 10,200 to about 6,000...

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Gemini Stock Nosedives as C-Suite Exodus Follows Post-IPO Struggles

By Loic Dos Santos | 2 months ago

Leadership Vacuum Sends Shares Tumbling Gemini Space Station Inc. faced a sharp market backlash on Tuesday as its stock plunged more than 14% following the immediate departure of three top executives...

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Truth Social Pushes for Crypto ETFs With Bitcoin, Ethereum, and Cronos Focus

By David E | 2 months ago

Trump’s Media Brand Bets on Crypto Trump Media & Technology Group, the parent company behind Truth Social and majority-owned by former President Donald Trump, has filed registration documents for two new cryptocurrency exchange-traded On.....

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SEC Tightens Oversight on Tokenized Stocks, Clarifies Issuer vs. Third-Party Models

By David E | 3 months ago

Issuer-Backed Tokens Get Green Light On Wednesday, the U.S. Securities and Exchange Commission (SEC) released new guidance addressing how tokenized stocks—digital representations of shares on blockchains—fit under existing securities laws...

Gold and Silver’s Record Surge Leaves Crypto Markets in the Shadows

By Loic Dos Santos | 3 months ago

Metals Fever Draws Eyes From Crypto In a week marked by historic milestones for precoius metals, gold and silver have surged to all-time highs, reshaping investor attention and trading behavior across digital asset markets...