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Crypto.com, the Singapore-based digital asset exchange, is cutting roughly 12% of its workforce as part of a company-wide transition to artificial intelligence. CEO Kris Marszalek said in a statement on X on Thursday that the cuts were necessary for survival in an increasingly automated industry. Marszalek warned that firms that are slow to adopt AI

Bitcoin could be vulnerable to another sharp leg lower if a developing wedge pattern breaks down, according to market technician Aksel Kibar, whose latest chart work points to a possible move toward $52,500. The warning matters because Kibar is not framing this as a macro hot take or a sentiment call, but as a pure

The European Central Bank (ECB) is seeking industry experts to contribute to workstreams focused on how the digital euro central bank digital currency would function across ATMs, payment terminals and acceptance infrastructure.  In an announcement published Wednesday, the ECB opened applications for two workstreams under its Rulebook Development Group (RDG), covering implementation specifications for ATM

Developers of OpenClaw, a popular open-source AI project, are being targeted by phishing attacks on GitHub with fake token rewards designed to lure users into connecting crypto wallets. Cybersecurity firm OX Security reported the scam on Wednesday and said it had found no victims so far. OpenClaw creator Peter Steinberger separately warned on X that

Opinion by: Merav Ozair, PhD, blockchain and AI senior advisor. Elon Musk and Peter Diamandis support the idea that "everything will be free." They purport to believe that AI abundance will end poverty and provide a universal high income. Others in the mega tech ecosystem mention the coming abundance. Demis Hassabis, for example, says AI

Near the end of last year, FINTRAC fined crypto platform Cryptomus $126 million and crypto exchange KuCoin $14 million for a range of alleged violations. Canada's financial intelligence unit has revoked the registrations of 50 money services businesses (MSBs) so far this year, with 47 related to crypto, and the minister of finance said it

Visa’s crypto division launched a tool allowing AI agents to make same-day payments, just as Stripe-backed Tempo launched its blockchain and payments protocol. “Excited to share Visa CLI, the first experimental product from Visa Crypto Labs,” Cuy Sheffield, the head of Visa Crypto Labs, posted to X on Wednesday. A website for Visa CLI, meaning

Retail gold purchases have tripled over the last six months, while Wall Street selling has accelerated over the past four months, according to data from the Bank for International Settlements (BIS). “Retail-driven exuberance,” increasingly channeled through exchange-traded funds (ETFs), “set the stage for outsize moves,” continuing the precious metal rally from 2025, reported the BIS

Block Inc., the firm behind payment platforms Square, Cash App and Afterpay, has quietly brought back a small portion of workers it laid off in late February with its transition to rely more on artificial intelligence. Multiple Block employees posted on LinkedIn this month that they had been offered a place to return to the

Crypto traders have become hopeful for a market rally after the US Federal Reserve held interest rates steady on Wednesday, according to crypto sentiment platform Santiment. However, analysts are split on whether a near-term market surge is a reliable signal for traders. “For now, traders are expecting a bullish relief rally in spite of no