Crypto

Crypto.com Reduces Workforce by 12% Amidst Push for AI Strategy

In a bold move, Crypto.com has announced a 12% reduction in its workforce as the company shifts its focus towards integrating artificial intelligence into its operations. CEO Kris Marszalek emphasized the urgency of this transition, labeling it a 'do or die' situation for the firm. The layoffs come amid ongoing challenges in the cryptocurrency market, reflecting a broader trend of consolidation within the sector. Marszalek's strategy aims to enhance efficiency and innovation, positioning Crypto.com for future growth. Employees affected by the layoffs are being offered support during this transition period. The company's pivot towards AI represents a significant shift in its operational strategy, underscoring the crucial role of technology in shaping the future of finance.

Crypto

KelpDAO Shifts to Chainlink CCIP After $293M LayerZero Exploit

KelpDAO has announced its decision to migrate from LayerZero's protocol to Chainlink's Cross-Chain Interoperability Protocol (CCIP) following a significant exploit that resulted in a loss of $293 million. The DAO cited LayerZero's vulnerabilities as the main reason for the switch, seeking a more secure

Zcash Price Surges Above $585 for First Time Since November 2025

Zcash has reached a notable milestone, with its price climbing above $585 for the first time since November 2025. This surge marks an impressive increase of over 70% since May, reflecting growing interest and demand for the cryptocurrency. Analysts suggest factors such as market sentiment and recent developments in privacy

Bitwise Predicts Corporate Partnerships Will Boost Stablecoin Market Cap to $4 Trillion

Bitwise has released a report forecasting that corporate collaborations will play a significant role in pushing the stablecoin market cap to an impressive $4 trillion. The analysis highlights how partnerships between blockchain firms and established corporations can enhance the adoption and utility of stablecoins. By leveraging established financial systems and

Read next