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How AI became crypto's favorite reason to cut staff Crypto

How AI became crypto's favorite reason to cut staff

Coinbase, Block and Crypto.com have all cited AI to justify recent cuts, though Scale AI’s Jason Droege suspects companies are using the technology as cover.

Cointelegraph 2 days ago
CoinDesk 20 performance update: NEAR Protocol (NEAR) gains 6.3%, leading index higher Crypto

CoinDesk 20 performance update: NEAR Protocol (NEAR) gains 6.3%, leading index higher

Internet Computer (ICP), up 5.8% from Thursday, was also a top performer.

CoinDesk 2 days ago
Stablecoins have their 'permission slip.' Now comes the hard part. Crypto

Stablecoins have their 'permission slip.' Now comes the hard part.

Executives from MoonPay, Ripple and Paxos said at Consensus Miami 2026 that regulation has accelerated stablecoin adoption, but infrastructure, privacy and distribution remain major hurdles.

CoinDesk 2 days ago
Coinbase bulls point to crypto legislation and stablecoins after earnings miss Crypto

Coinbase bulls point to crypto legislation and stablecoins after earnings miss

Analysts say Coinbase’s long-term growth may depend more on stablecoins and U.S. crypto legislation than a rebound in trading activity.

CoinDesk 2 days ago
Stablecoins won’t strengthen global role of euro, ECB’s Lagarde says Crypto

Stablecoins won’t strengthen global role of euro, ECB’s Lagarde says

ECB President Christine Lagarde said Europe should build tokenized settlement infrastructure anchored by central bank money rather than rely on private stablecoins.

Cointelegraph 2 days ago
U.S. added 115K jobs in April, nearly doubling expectations Crypto

U.S. added 115K jobs in April, nearly doubling expectations

The data comes ahead of what's expected to be a new Federal Reserve chairman taking the reins at the U.S. central bank later this month.

CoinDesk 2 days ago
U.S. hiring slowdown could be great for bitcoin — unless wages spoil the party Crypto

U.S. hiring slowdown could be great for bitcoin — unless wages spoil the party

Your day-ahead look for May 8, 2026

CoinDesk 2 days ago
Four signs that show Ethereum's rally is exhausted at $2.4K Crypto

Four signs that show Ethereum's rally is exhausted at $2.4K

Several Ethereum metrics suggest the ETH price could see further downside due to reduced demand and weakening network fundamentals.

Cointelegraph 2 days ago
Coinbase blames AWS for hours-long crypto trading outage Crypto

Coinbase blames AWS for hours-long crypto trading outage

Coinbase says the outage has been fully resolved but that it will investigate the incident fully.

CoinDesk 2 days ago
Mantle tokenholders approve 30K ETH Aave credit facility after rsETH exploit Crypto

Mantle tokenholders approve 30K ETH Aave credit facility after rsETH exploit

The credit facility would help Aave address bad debt created after the April rsETH exploit strained its WETH market.

Cointelegraph 2 days ago

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