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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

ETH futures flash bearish signal, but stakers’ resilience points to underlying strength

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Demand for ETH leverage remains low, but corporate accumulation and stakers’ dedication may prevent an Ether price crash to $1,500.

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Coin Market

Major crypto exchanges cancel SpaceX IPO allocations, promising refunds

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Elon Musk’s SpaceX completed its landmark IPO on the Nasdaq on Friday, but crypto users seeking tokenized exposure to the IPO were left empty-handed after allocations fell through.

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Anthropic suspends access to Fable 5, Mythos 5, citing US directive

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Anthropic has abruptly disabled its flagship AI models after a US government directive citing national security concerns.

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