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Jack Dorsey’s Block to cut 4,000 jobs in AI-driven restructuring

Jack Dorsey’s Block to cut 4,000 jobs in AI-driven restructuring

Bloomberg reported earlier this month that 10% of Block’s workforce could be cut during annual performance reviews as part of a broader overhaul.

MARA swings to $1.7 billion Q4 loss on bitcoin markdown, shares jump 15% after Starwood AI deal

MARA swings to $1.7 billion Q4 loss on bitcoin markdown, shares jump 15% after Starwood AI deal

A steep accounting loss tied to bitcoin’s price decline overshadowed gains, but MARA is betting its future on AI-driven revenue.

Block Stock Pops as Jack Dorsey's Bitcoin, Payments Company Dumps 4,000 Jobs

Block Stock Pops as Jack Dorsey's Bitcoin, Payments Company Dumps 4,000 Jobs

Block said the restructuring will cost up to $500 million and be largely completed by mid-2026, as investors embraced the move.

Bitcoin futures, options market flash caution even as BTC chases $70K

Bitcoin futures, options market flash caution even as BTC chases $70K

Bitcoin bulls are chasing after $70,000 but cautious signals from the futures and derivatives market could explain why success remains elusive.

Paul Atkins Confirmed As A Bitcoin 2026 Speaker

Paul Atkins Confirmed As A Bitcoin 2026 Speaker

Bitcoin Magazine Paul Atkins Confirmed As A Bitcoin 2026 Speaker Paul Atkins, the sitting Chairman of the U.S. Securities and Exchange Commission and one of the most consequential figures in American...

There’s a New DeFi Bill in Congress—What Does That Mean for Crypto Market Structure?

There’s a New DeFi Bill in Congress—What Does That Mean for Crypto Market Structure?

Lawmakers introduced a bill Thursday protecting crypto software developers from criminal prosecution. Does that mean the crypto market structure bill is falling by the wayside?

U.S. regulator's GENIUS pitch puts dark cloud over crypto sector's stablecoin model

U.S. regulator's GENIUS pitch puts dark cloud over crypto sector's stablecoin model

The U.S. Office of the Comptroller of the Currency proposed rules that would govern stablecoins, including apparent limits on rewards that may affect Coinbase.

Bitcoin Miner MARA jumps 17% after striking a deal with Starwood to build AI data centers

Bitcoin Miner MARA jumps 17% after striking a deal with Starwood to build AI data centers

The bitcoin miner inked a deal with investment firm Starwood to convert and expand select facilities to serve data center needs for AI.

Circle shares tap $90 as Bernstein sees ‘clear divergence from crypto,’ Mizuho flags Polymarket boost

Circle shares tap $90 as Bernstein sees ‘clear divergence from crypto,’ Mizuho flags Polymarket boost

Circle’s expanding role in infrastructure is starting to contribute incremental, higher-margin revenue beyond reserve income.

Block (XYZ) Surges 25% After Slashing Workforce by Over 40% and Raising Profit Outlook

Block (XYZ) Surges 25% After Slashing Workforce by Over 40% and Raising Profit Outlook

Bitcoin Magazine Block (XYZ) Surges 25% After Slashing Workforce by Over 40% and Raising Profit Outlook Block, Inc. will cut more than 4,000 employees, reducing its workforce by nearly half as the co...

'Someone's Looking for a Pardon': Senators Rebuke Sam Bankman-Fried's Crypto Bill Support

'Someone's Looking for a Pardon': Senators Rebuke Sam Bankman-Fried's Crypto Bill Support

Republican and Democrat senators alike pushed back on imprisoned FTX founder Sam Bankman-Fried's support of the Clarity Act crypto bill.

US lawmakers move to protect blockchain devs from prosecution

US lawmakers move to protect blockchain devs from prosecution

The industry-supported Promoting Innovation in Blockchain Development Act could be a solution by Congress to push back against criminalizing writing code.