Crypto platform Bullish to buy Equiniti for $4.25 billion, building tokenized securities infrastructure
The deal brings a regulated transfer agent into the Bullish stack, expanding the firm's end-to-end tokenization capabilities....
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Coinbase cuts 14% of staff as AI reshapes how crypto companies operate
Coinbase is cutting 14% of its workforce—roughly 660 employees—citing a crypto market downturn and AI-driven operational efficiency gains. CEO Brian Armstrong stated AI enables small teams to ship products dramatically faster, allowing the company to restructure for leaner operations. U.S. employees receive minimum 16 weeks base pay plus severance. Other major crypto firms including Crypto.com and Algorand have announced similar layoffs this year.
DeFi lender Aave asks court to block $71 million crypto seizure tied to North Korea claims
The filing challenges a New York restraining notice that froze ETH on Arbitrum after the rsETH exploit, with Aave arguing the funds belong to users, not North Korea judgment creditors...
