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Kraken cuts 150 staff amid AI efficiencies, potentially delaying IPO: Report

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Kraken has cut 150 staff due to the rising use of AI, adding to more than 5,000 layoffs across the crypto sector so far this year, Bloomberg reports.

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Coin Market

SEC sets September talks on move toward 24-hour stock trading

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Nasdaq, Cboe and the London Stock Exchange are among major exchanges moving toward longer trading hours.

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Coin Market

Gemini sent $10M in Bitcoin to Trump PAC after joint motion with CFTC

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The Bitcoin donation can be used to support Donald Trump as a New York court considers whether to reverse a $5 million settlement between the CFTC and Gemini.

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Coin Market

Bitcoin slides below $65K as Iran conflict fuels $100 oil and bond-yield surge

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Bitcoin price forecasts diverge as US-Iran war tensions fueled an ongoing oil and bond-market surge, while July Fed rate-hike odds neared 40%.

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