Robinhood Cuts Workforce as Tenev Says Business Is Stronger Than Ever

Stock and crypto trading platform Robinhood is cutting 10% of its workforce as it restructures its organization, a move the company says will improve efficiency. CEO Vlad Tenev told staff…

Bitcoin Doesn’t Need Ethereum-Style Yield: Michael Saylor

Strategy executive chairman Michael Saylor said Bitcoin does not need staking, inflation or protocol-based yield mechanisms, arguing returns should come from financial products built around BTC. In an X post…

Bitcoin Recovery Hinges on US-Iran Deal

Today in crypto, Strategy’s latest Bitcoin purchase pushed its holdings to 846,842 Bitcoin, as the cryptocurrency’s continued recovery hinges on a successful deal between the US and Iran. Meanwhile, the…

IREN Enters Europe With Spanish AI Data Center Acquisition

Bitcoin miner IREN has completed its acquisition of the Spanish data center developer Nostrum Group, marking its entry into Europe as the company builds out its artificial intelligence cloud business. …

Bybit Launches Tokenized Fixed-Income Products for Users

Crypto exchange Bybit will offer eligible customers access to tokenized bond funds managed by PIMCO and China Merchants Bank International, expanding its push into real-world assets through partnerships with Plume…

Bitcoin Momentum Weak as Recovery Rests on US-Iran Deal

Bitcoin’s recovery is hinged on a successful peace deal between the US and Iran as its onchain metrics show the cryptocurrency remains weak despite its recent recovery, analysts say. Nick…

US Government Watchdog Urges FDIC Address Crypto Oversight

The US Government Accountability Office has urged the Federal Deposit Insurance Corporation to make an effort to coordinate with other federal agencies to address risks from blockchain technology. GAO made…

Anthropic Ban Drives Demand for Decentralized AI Tokens

Anthropic’s decision to shut down access to its latest artificial intelligence models after a US order to suspend access to foreign nationals highlights the risks of centralized control in AI,…

Pudgy Penguins Winds Down Pudgy Party After 1M Downloads

Non-fungible token (NFT) project Pudgy Penguins is winding down its mobile game Pudgy Party and halting further development. In an X post, the team said on Saturday that it would…

Kraken Launches Regulated Crypto Perpetual Futures in US

Kraken on Monday launched perpetual futures trading for eligible US users through Bitnomial, expanding its domestic derivatives offerings months after acquiring the federally regulated exchange. The products are available through…