Exodus cuts 25% of workforce in major stablecoin payments pivot
Exodus Movement has cut about 25% of its global workforce as the crypto wallet company reorganizes around a full-stack stablecoin payments platform. Summary Exodus has...
Tag : Pivot
Strategy's Saylor needs clarity in BTC pivot message to convince investors: StanChart
Strategy founder and chairman Michael Saylor again took to social media on Sunday to offer his latest signal to investors as one analyst sees Saylor’s...
Bitcoin miners’ AI pivot faces investor scrutiny over insider sales
Several publicly traded Bitcoin miners have enjoyed sharp stock re-ratings after pivoting toward AI infrastructure, but investors are increasingly questioning whether insiders and major shareholders...
Yield Guild Kills Crypto Game Publishing Arm, Lays Off 35 in AI Pivot
In brief Yield Guild Games is sunsetting its crypto game publishing arm, retiring its website, launchpad, and games like LOL Land and Waifu Sweeper by...
Moonbeam to pivot from Polkadot to Base, unveils AI agent framework
Polkadot-based interoperability protocol Moonbeam said it is pivoting to Ethereum layer 2 Base to launch an AI agent communication and settlement network, aimed at capturing...
Pi Network’s pivot: from mobile mining to infrastructure for AI and identity
On Pi2Day, Pi Network stopped talking about mobile mining and started talking about infrastructure, launching tools to sell its compute, identity, and verification to the...
Celsius-linked Bitcoin miner Ionic Digital seeks Nasdaq direct listing amid AI pivot
Bitcoin miner-turned-AI infrastructure company Ionic Digital has filed for a Nasdaq direct listing that could give former Celsius creditors a public market for shares they...
Story Protocol Rebrands as Data Network in AI Training Pivot After IP Token Falls 98%
In brief Story Protocol is pivoting from its permissionless intellectual property network in favor of a new opportunity in AI training data. The renamed Data...
Story Protocol rebrands to DATA Foundation in AI pivot
Story Protocol, a layer-1 blockchain built around intellectual property licensing, is pivoting to artificial intelligence as it rebrands as the DATA Foundation. The company said...
Allbirds Stock Pumps Again as Sneaker Firm Completes AI Pivot, Rebranding to Smartbird
In brief Allbirds, the footwear company, has sold its shoe business and rebranded as Smartbird, an AI infrastructure provider. Nadia Carlsten, a veteran of AI...