Coinbase cuts 14% of workforce, citing market slump and AI shift
Brian Armstrong said Coinbase will flatten management layers and require leaders to work as “player-coaches” under the new structure....
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Kraken Partners With MoneyGram to Enable Crypto Cash-Outs at 500,000 Locations Worldwide
Kraken partnered with MoneyGram to enable crypto-to-cash conversions at 500,000 locations across 100+ countries. The deal addresses a critical market gap: converting digital assets into local currency quickly. For emerging markets with unstable banking systems, including India's growing crypto user base, this creates practical off-ramps for storing and withdrawing funds. Kraken continues expanding ahead of its potential IPO filing.
Crypto products post 5th straight week of inflows despite mid-week selloff
Crypto ETPs shed $619 million over four days before a $737 million Friday session rescued the week, extending the inflow streak to $4.02 billion across five weeks....
