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...
Tag : Staff
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...
How AI became crypto's favorite reason to cut staff
Coinbase became the latest crypto company to cut its workforce on Tuesday, as a wave of layoffs sweeps through an industry navigating a down market...
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...
Senate unanimously bans senators and staff from trading on prediction markets
The US Senate voted unanimously to bar all senators and their staff from placing bets on political prediction market platforms including Polymarket and Kalshi, with...
CFTC AI tools now review crypto applications as staff falls by more than 20%
CFTC Chairman Michael Selig confirmed the agency is deploying AI tools to review crypto registration applications and monitor trading data, the first major US financial...
Senate Votes to Ban Senators and Staff From Using Prediction Markets
In brief The U.S. Senate unanimously passed S. Res. 708, banning senators from trading on prediction markets. Republican Senator Bernie Moreno of Ohio introduced the...
CFTC Chairman Says AI Is Compensating for 25% Staff Cuts at Crypto Regulator
CFTC AI news came directly from Capitol Hill Thursday as Chairman Mike Selig told the House Agriculture Committee that artificial intelligence tools, specifically Microsoft’s Copilot,...