Coinbase Cuts 14% Of Workforce, Signals AI-Driven Future

Coinbase announced a 14% reduction in its workforce on Tuesday, a decision CEO Brian Armstrong described as preparation for what he called a “new way of working” built on artificial intelligence—not a defensive reaction to market conditions.

In a company-wide email, Armstrong cited two forces behind the move: the persistence of crypto market cycles and a transformation in how AI has changed the pace of internal work. 

Engineers at Coinbase use AI to ship in days what full teams required weeks to complete, Armstrong wrote, and the pace of that shift is an acceleration, not a plateau.

Coinbase had 4,951 employees as of December 31, 2025, placing the number of affected…

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Crypto Exchange Bullish Strikes $4.2 Billion Deal For Equiniti To Build Tokenized Securities Infrastructure

Bullish has agreed to acquire global transfer agent Equiniti in a $4.2 billion transaction that aims to fuse traditional market infrastructure with blockchain-based systems, marking one of the largest deals tied to tokenized securities.

The agreement combines Bullish’s digital asset platform with Equiniti’s role as a core record-keeper for public companies. Equiniti services nearly 3,000 issuer clients, supports more than 20 million shareholders and processes about $500 billion in annual payments. Transfer agents maintain shareholder records, manage dividend distribution and handle corporate actions, placing them at the center of equity market operations.

Under the terms,…

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Stock Market Today: Dow Jones, S&P 500 Futures Rise As Traders Monitor US-Iran Ceasefire— Duolingo, Pinte

U.S. stock futures rose on Tuesday after Monday’s lower close, following the announcement of “Project Freedom” by President Donald Trump.

The U.S. military said on Monday that it destroyed six Iranian small boats and intercepted Iranian cruise missiles and drones as Tehran tried to disrupt President Trump’s new effort to reopen commercial shipping through the Strait of Hormuz.

Trump told Fox News on Monday that if Iran attacks American vessels, they will be “blown off the face of the Earth.” Asked on “The Hugh Hewitt Show” whether the ceasefire was over or a U.S. attack was imminent, Trump replied, “Well, I can’t tell you that.”

Meanwhile, the 10-year Treasury bond…

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Virtune AB (Publ) (“Virtune”) has completed the monthly rebalancing for April 2026 of its Virtune Crypto

Virtune AB (Publ) (“Virtune”) has completed the monthly rebalancing for April 2026 of its Virtune Crypto – Benzinga

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Stockholm, 5 maj 2026 – Virtune today announces the completion of the monthly rebalancing for the Virtune Crypto Top 10 Index ETP, listed on Nasdaq Stockholm for both the SEK-denominated (ISIN code SE0020052207, ticker name VIR10SEK) and the EUR-denominated (ISIN code SE0020052215, ticker name VIR10EUR) ETP.

In addition to the Virtune Crypto Top 10 Index ETP, Virtune’s product portfolio includes:

Virtune Bitcoin ETPVirtune Stellar…

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Pavel Durov Says Telegram Now ‘Driving Force,’ ‘Largest Validator’ Of The Open Network—Toncoin Jumps 23%

Toncoin (CRYPTO: TON) surged on Monday after Telegram founder Pavel Durov said the messaging giant will become the “driving force” behind The Open Network blockchain.

Telegram To Lead TON

TON, the native token of The Open Network, surged over 23% in the last 24 hours to a 4-month high, with trading volume skyrocketing 623%.

The spike came after Durov announced that Telegram would replace the Swiss-based nonprofit TON Foundation as the main driving force behind the open-source TON network.

Glory Days Ahead For Telegram, TON?

Durov added that Telegram would also become the TON network’s “largest validator.” The top validator on a blockchain is the node or entity with the…

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Will Iran Close Its Airspace Again? Crypto Prediction Market Sees Over 50% Possibility After Hostilities

Cryptocurrency bettors are pricing in higher odds on Iran closing its airspace for commercial flights after renewed attacks in the Strait of Hormuz challenged the ceasefire.

Will Peace Be Short-Lived?

Polygon (CRYPTO: POL)-based Polymarket showed a 52% possibility that Iran initiates a “major closure” of its airspace, up from 42% the day before.

A “major closure” is defined as a broad closure, cancellation, or suspension of commercial flights transiting, arriving in, and departing from Iranian airspace or a major Iranian Airspace region. Limited cancellations, delays or other partial closures will not qualify.

Over $3.70 million has been wagered on the outcome, making it one of the…

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Bitcoin, Ethereum Surge, While XRP, Dogecoin Stall Amid Iran War Flareup: Analyst Says BTC Closing Above

Leading cryptocurrencies extended their gains, while stocks declined on Monday as Iranian attacks on UAE oil facilities unsettled investors.

Crypto Sentiment Shifts To ‘Neutral’

Bitcoin faced sharp rejection at $80,000, dropping to an intraday low of $78,217, before reclaiming the critical level later in the day.

Ethereum also reversed from the highs reached on Sunday, while XRP and Dogecoin traded sideways.

Over $480 million was liquidated in the past 24 hours, with $329 million in short positions alone wiped out, according to Coinglass data.

Open interest in Bitcoin futures rose further by 4.95% over the last 24 hours, signaling heightened speculative interest. However, both retail and…

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Bitcoin Price Reclaims $80,000 Amid Surging ETF Demand, Positive Iran News

Bitcoin price crossed the $80,000 threshold late Sunday and into today, posting a brief 2% gain over 24 hours to reach a high of $80,750 — a level analysts describe as a major psychological resistance zone that has flipped to potential support.

The move caps a recovery of 15-20% from February lows, placing the bitcoin price inside what chart watchers call a critical magnet zone: a price band where long-term trendlines converge and carry a history of triggering sharp directional moves. The central question is whether Bitcoin can hold above $80,000 and extend gains toward $86,000, or whether resistance reasserts and pulls the price back into the $70,000s.

April’s recovery…

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Bitcoin Could Hit $180,000 Until 2028, But The Best Altcoin Is Not XRP, Analyst Says

Bitcoin (CRYPTO: BTC) could trade as high as $180,000 between this year and next, with confirmation likely coming from holding the mid-$80,000s short term, according to analysts.

The Saylor Supply Shock Math

Prominent crypto analyst Pentoshi projected broke down the numbers behind Strategy Inc.’s (NASDAQ:MSTR) Bitcoin buying spree.

Strategy has purchased 88,568 Bitcoin so far with total holdings reaching 818,334 and a goal of hitting at least 1 million by year-end.

The average works out to roughly 730 BTC per day. Meanwhile, miners produce 450 BTC per day. 

Strategy is currently on pace to buy 1.6 times the supply mined, meaning one single corporate buyer has purchased more than double…

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Bitcoin-Funded ‘Satoshi Scholarship’ Opens Lomond School Doors To Global Students

Lomond School in Helensburgh, Scotland has launched a fully funded “Satoshi Scholarship,” extending its experiment with Bitcoin from the payments desk into the heart of school life. 

The award will cover two years of tuition and boarding at Burnbrae, the school’s boarding house, for one student who would struggle to access this kind of education without support. 

Applications are open worldwide, with a deadline of May 24.

The scholarship follows a year of rapid change at Lomond, which became the first school in the world to accept Bitcoin for tuition from Autumn 2025. Some parents already pay fees in Bitcoin, and the school has begun building a BTC treasury funded by…

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