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Platform updates, announcements, and news

Optimism’s OP Labs cuts 20% of staff to ‘do fewer things well’

Optimism’s OP Labs cuts 20% of staff to ‘do fewer things well’

OP Labs CEO and Optimism co-founder Jing Wang clarified that the layoffs were not driven by financial difficulties.

Ripple Begins Buying Back Shares at $50 Billion Valuation: Bloomberg

Ripple Begins Buying Back Shares at $50 Billion Valuation: Bloomberg

The XRP-linked Ripple is buying back shares from investors and employees at a $50 billion valuation, according to a report from Bloomberg.

Grammarly Disables AI 'Expert Review' After Backlash From Authors and Journalists

Grammarly Disables AI 'Expert Review' After Backlash From Authors and Journalists

Grammarly said it will rethink the tool after criticism that it used real experts—including some who are deceased—without consent.

Ripple launches $750 million share buyback at $50 billion valuation

Ripple launches $750 million share buyback at $50 billion valuation

Ripple has launched a share buyback of up to $750 million at a $50 billion valuation, a source told The Block.

Microsoft Sides With Anthropic Against Trump Admin’s Supply Chain Risk Designation

Microsoft Sides With Anthropic Against Trump Admin’s Supply Chain Risk Designation

Microsoft filed a court brief backing Anthropic's lawsuit against the Pentagon—a move that reveals just how much the tech giant has riding on Claude's survival.

Good Morning Holdings, DCG back oversubscribed seed and pre-seed rounds for Bittensor infra player General Tensor

Good Morning Holdings, DCG back oversubscribed seed and pre-seed rounds for Bittensor infra player General Tensor

General Tensor's seed round was anchored by Good Morning Holdings, led by Lok Lee and backed by Goldman Sachs.

Foundry plans institutional-focused Zcash mining pool launch in April

Foundry plans institutional-focused Zcash mining pool launch in April

Foundry’s move could help diversify Zcash’s mining ecosystem, which has historically been concentrated among a small number of pools.

European Central Bank unveils tokenized finance plan to bolster EU's financial autonomy

European Central Bank unveils tokenized finance plan to bolster EU's financial autonomy

The Appia roadmap for a euro-based tokenized financial system is part of the European Union’s push to reduce reliance on foreign financial infrastructure.

Ledger researchers expose Android flaw enabling wallet seed theft in seconds

Ledger researchers expose Android flaw enabling wallet seed theft in seconds

Ledger's Donjon team exposed a MediaTek Android flaw enabling attackers to extract PINs and wallet seed phrases in seconds.

Mining giant Foundry to introduce institutional zcash mining pool

Mining giant Foundry to introduce institutional zcash mining pool

The pool is designed for institutional and public company miners, focusing on compliance and regulated infrastructure.

DOJ Investigating if Iran Used Binance to Evade Sanctions: WSJ

DOJ Investigating if Iran Used Binance to Evade Sanctions: WSJ

Binance has sued the Wall Street Journal over what it termed "false and defamatory reporting" in the story published Wednesday.

Binance sues Wall Street Journal as newspaper says U.S. Dept. of Justice is investigating Iran transactions

Binance sues Wall Street Journal as newspaper says U.S. Dept. of Justice is investigating Iran transactions

The situation adds pressure to Binance, which is already operating under a compliance monitor following its $4.3 billion anti-money laundering and sanctions settlement in 2023.