Coinbase will cut 700 jobs, about 14% of its workforce, to reduce costs amid crypto market volatility and reshape operations around AI-driven efficiency, targeting restructuring completion in Q2 2026 …
Coinbase announces layoff ahead of earnings
The crypto giant will announce its first-quarter earnings in two days.
Coinbase to cut about 14% of workforce in AI-driven restructuring
Coinbase said on Tuesday it would cut about 700 jobs, or about 14% of its global workforce, as part of a restructuring plan aimed at reducing costs and repositioning the business for the artificial …
XRP Futures Get Trade at Settlement on Coinbase Starting May 1
Coinbase filed with the CFTC to bring Trade at Settlement to XRP futures. Goes live May 1. The move puts XRP in the same bucket as Bitcoin, Ethereum, gold, and crude oil for institutional trading.
Kraken’s DeFi Vaults Hit $200M as Veda Tech Brings Yield to Mainstream Exchange Users
Kraken’s DeFi Earn product just crossed 0 million in total deposits. That’s a pretty clear signal that crypto users want yield without the hassle of …
Based Eggman Announces Stage 3 Presale Progress
Based Eggman has announced progress in Stage 3 of its presale. The presale has raised over $300K and sold 40.31 million tokens. Origin LGNS, Asteroid Shiba, and Pepeto are riding the move on Ethereum …
Following UAE’s OPEC Exit Shock, Diamondback Energy Could Be the Smartest Bet Now
The UAE’s decision to exit OPEC/OPEC+ has injected new uncertainty into oil markets and pushed crude prices above $100 per barrel. Low-cost Permian operator Diamondback Energy may be positioned as one …
OKX, BlackRock and Standard Chartered launch framework for real-word assets
OKX, BlackRock and Standard Chartered have unveiled a joint framework to integrate tokenised real-world assets into mainstream trading infrastructure, marking a significant step in the evolution of …
Ripple advances major global push with new Dubai HQ, Kbank custody and RLUSD launch on OKX
Ripple is pushing forward with its global expansion, launching multiple products so far this week. A new headquarters (HQ) in the Dubai International Financial Center (DIFC) and the integration of …
Danish juice chain to expand after UAE investor buys stake
Emirates International Investment Company (EIIC) is reportedly acquiring a minority stake in Joe and the Juice, a Danish chain of juice bars and coffee shops. The stake is estimated to be valued at $1 …
Ripple Expands RLUSD Access Through OKX and Bullish
Ripple expands RLUSD access through OKX and Bullish, enabling spot, derivatives, and Bitcoin options trading for users.
Ripple and OKX Partner to Expand RLUSD Access and Global Liquidity
Ripple, the leading provider of blockchain-based enterprise solutions across traditional and digital finance, and OKX, the blockchain technology and trading company serving more than 120 million …
UAE is leaving OPEC on May 1, oil prices push above $100
The United Arab Emirates (UAE) will be leaving both OPEC and OPEC+ on May 1. Yahoo Finance Senior Markets Reporter Ines Ferré breaks down this headline that’s pushing oil prices (CL=F, BZ=F) back …
OKX, BlackRock and Standard Chartered launch joint framework to establish new utility for Tokenized Real-World Assets
OKX to accept BlackRock’s tokenized short-term US treasury fund, BUIDL, as yield-bearing collateral for trading …
Binance co-founder ‘chose prison’—and says Trump pardon vindicated him
Former Binance BNB CEO Changpeng Zhao released his memoir “Freedom of Money” globally, revealing he voluntarily faced DOJ charges to protect Binance and the crypto industry. Why He Came To The U.S.
Binance Allows UAE Employees to Relocate as Conflict Disrupts Crypto Events
Binance has offered its roughly 1,000 employees based in the United Arab Emirates the option to temporarily relocate to Hong Kong, Tokyo, Kuala Lumpur, or …
Coinbase And Bybit Join Forces On Tokenization Of Stocks
Crypto exchange Coinbase Global (NASDAQ: $COIN) is reportedly working with Bybit on the tokenization, custody, and …