Syndicate Labs Shuts Down as Crypto Cuts and Closures Mount
In brief Syndicate Labs, a crypto infrastructure project, said it is winding down after five years. The closure follows shutdowns across NFT, DeFi, and wallet...
Tag : Cuts
Odds against rate cuts high as new US Fed chair set for swearing in
Kevin Warsh is set to be sworn in as the next chair of the US Federal Reserve Board of Governors on Friday amid speculation about...
Kraken cuts 150 staff amid AI efficiencies, potentially delaying IPO: Report
Crypto exchange Kraken has reportedly laid off some of its staff as a cost-cutting measure, which could delay its planned initial public offering in the...
Crypto data company Dune cuts 25% of staff in restructuring
Crypto data company Dune said it is laying off 25% of its workforce, citing a need to restructure its business to focus on its core...
SoftBank cuts OpenAI-backed loan target to $6B as lenders balk at valuation
SoftBank has cut a planned OpenAI‑backed margin loan from around $10 billion to roughly $6 billion after banks and private credit funds pushed back on...
Benchmark cuts Strategy price target as Bitcoin thesis gets reset
Benchmark has cut its 12‑month price target on Bitcoin treasury company Strategy from $705 to $570, keeping a Buy rating but marking its model to...
Coinbase cuts 14% of workforce, citing market slump and AI shift
Update May 5, 2026, 1:30 pm UTC: This article has been updated to add information from an SEC filing. Coinbase will cut about 14% of...
Coinbase cuts 700 jobs and blames AI productivity
Coinbase cuts 700 jobs today, with CEO Brian Armstrong saying AI is making small engineering teams far more productive Summary Coinbase is eliminating roughly 700...
Coinbase Cuts 14% of Staff Amid Crypto 'Down Market,' AI Adoption: CEO
In brief Coinbase is cutting roughly 14% of its workforce, CEO Brian Armstrong announced Tuesday, citing crypto “down market” and AI-driven productivity shifts. Armstrong said...
Ethereum News: Galmsterdam Cuts Fees to Almost Zero as ETH Fighting $2,400 Resistance
Ethereum is trading near $2,350 as the Glamsterdam news update started to spread like wildfire. The upgrade is attracting huge attention, and the fee implications...