Coinbase cuts 14% of staff as AI reshapes how crypto companies operate
Brian Armstrong, the CEO at Coinbase, announced a workforce reduction of roughly 660 from its current 4,700....
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UAE Innovation City launches blockchain IDs for companies
The United Arab Emirates Innovation City has rolled out a blockchain-based system that assigns every registered company a sovereign, verifiable digital identity on-chain. According to an official announcement from Innovation City, businesses incorporated in the Ras Al Khaimah free zone…...
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Elon Musk settles SEC Twitter case with $1.5M fine
Elon Musk settled the SEC’s Twitter stock disclosure case with a $1.5M penalty, avoiding repayment of the alleged $150M saving....
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Ethereum outperforms S&P 500, seen as top wartime store of value
Ethereum’s rise as a wartime store of value highlights its potential to reshape investment strategies amid geopolitical instability. The post Ethereum outperforms S&P 500, seen as top wartime store of value appeared first on Crypto Briefing....
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Coinbase lays off 14% of workforce as Brian Armstrong bets on AI-native operating model
Coinbase’s shift to AI-driven operations may set a precedent for tech firms, emphasizing efficiency and adaptability in volatile markets. The post Coinbase lays off 14% of workforce as Brian Armstrong bets on AI-native operating model appeared first on Crypto Briefing....
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One bank after another scraps Fed rate-cut forecasts. Bitcoin doesn’t care.
Your day-ahead look for May 5, 2026...
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Kraken’s Payward Files Lawsuit Against Crypto Custodian Etana, Alleging $25M Ponzi Plot
Payward, the parent company of cryptocurrency exchange Kraken, has filed a lawsuit against its very own crypto custodian, Etana Custody, and its CEO, Brandon Rusell, alleging that Etana misappropriated more than $25 million in client funds and operated what Payward characterizes as a “Ponzi-like” scheme. Etana Misused Kraken Reserves...
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Peter Thiel-backed Bullish inks $4.2 billion deal to buy transfer agent Equiniti
The acquisition could accelerate the integration of blockchain in capital markets, potentially reshaping securities management and investor access. The post Peter Thiel-backed Bullish inks $4.2 billion deal to buy transfer agent Equiniti appeared first on Crypto Briefing....
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Bitcoin News: Where Next for BTC USD After the $80,000 Breakout?
In Bitcoin news today, the BTC USD price crossed $80,000 late Sunday into May 4, 2026, reaching a high of $80,750, and this time, the move looks structural rather than a spike. The $79,537-to-$80,000 band, which had served as a ceiling in multiple prior attempts, is now acting as...
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Bullish bets $4.2B on tokenized securities with Equiniti deal
Bullish agreed to buy Equiniti for $4.2B, aiming to offer issuer tokenization, 24/7 securities trading and stablecoin settlement....
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