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.
Original Source
- Kelp DAO exploit prompts DeFi protocols to rethink oracle providers
- Europe sees ‘hyperconcentration’ of crypto wrench attacks as losses hit $101M
- Australian police seize $4.1M in Bitcoin tied to darknet market
- How AI became crypto’s favorite reason to cut staff
- Stablecoins won’t strengthen global role of euro, ECB’s Lagarde says
- Kraken parent Payward to buy Reap in $600M stablecoin payments push
- Polygon reduces block time to 1.75 seconds as payments push accelerates
- XRP ‘probably going to $12’ as price holds historical bottom zone for months
- South Korea confirms 22% crypto tax starting January 2027: Report
- Core Scientific posts $347M loss as AI hosting overtakes Bitcoin mining