Block weighs staff cuts amid business overhaul
Block has begun notifying employees that roles may be eliminated as part of an internal review, with up to 10% of its workforce potentially affected, according to a Bloomberg report.
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Block has begun notifying employees that roles may be eliminated as part of an internal review, with up to 10% of its workforce potentially affected, according to a Bloomberg report.
Santiment said crypto retail investors are increasingly trying to “meta-analyse” the market downturn to determine whether prices have already bottomed.
CoinShares said fears that quantum computing could soon threaten bitcoin are overstated, arguing that only about 10,230 BTC sit in wallets realistically worth attacking.
BitMine bought nearly $42 million worth of Ethereum on February 7, adding to its position as the largest corporate holder despite a deepening crypto downturn.
Venture capital investors are clashing over whether non-financial crypto and Web3 use cases have failed due to weak demand or are simply waiting for clearer regulation to emerge.
Commodity Futures Trading Commission reissued a staff letter clarifying that national trust banks are permitted to issue payment stablecoins under existing US regulatory guidance.
Arthur Hayes said recent declines in bitcoin prices are being intensified by institutional dealer hedging tied to structured products linked to BlackRock’s bitcoin ETF.
Tether said it has frozen more than $500 million in digital assets linked to an alleged illegal gambling and money-laundering network operating in Turkey.
Vitalik Buterin said much of today’s DeFi activity fails its core purpose, arguing that true decentralised finance must reduce counterparty risk rather than simply optimise yield.
Sanae Takaichi secured Japan’s largest post-war electoral victory on February 8, 2026, strengthening her mandate to pursue aggressive economic and regulatory reforms with implications for crypto markets.
Drake placed a $1 million wager denominated in bitcoin on the New England Patriots to win Super Bowl 2026, reigniting talk of the so-called “Drake curse.”
Robert Kiyosaki reignited debate in crypto markets after revealing he has sold part of his bitcoin and gold holdings while waiting for lower prices to re-enter.
Bitcoin staged a tentative rebound to about $70,854 on February 8 after plunging nearly 37% from its highs, leaving investors questioning whether the move marks recovery or a temporary pause.
Google searches for bitcoin surged to a 12-month high in early February after prices collapsed from about $81,500 to $60,000 in less than a week amid extreme volatility.
Cathie Wood’s ARK Invest sold about $22 million worth of Coinbase shares on Friday across three ETFs, extending a selloff that began a day earlier and marked its first reduction in the stock since August 2025.
Bithumb said it resolved a system error during a promotional campaign that overcredited user accounts with bitcoin, covering sold tokens with company funds to avoid customer losses.
California teenagers have been charged with eight felonies each after allegedly staging a violent home invasion in Scottsdale, Arizona, to steal cryptocurrency believed to be worth about $66 million.
Santiment said crypto retail investors are increasingly trying to “meta-analyse” the market downturn to determine whether prices have already bottomed.
XRP was built as institutional-grade financial infrastructure rather than a retail trading asset, positioning early retail holders ahead of large-scale adoption rather than behind it.
Analysts say Venezuela’s reopening oil industry could pave the way for a flared-gas Bitcoin mining boom, as large volumes of wasted natural gas could be redirected into on-site mining operations.
Changpeng Zhao said Binance is working with multiple governments to launch stablecoins pegged to local currencies, signalling a shift away from dollar-dominated onchain money.
Peter Brandt said Bitcoin may be nearing a downside floor, arguing that historical bear market patterns suggest losses could be limited near the $42,000 level.
Kalshi said it is overhauling its anti-insider trading framework ahead of the Super Bowl, expanding surveillance, enforcement and compliance measures across its markets.
Balaji Srinivasan said he has “never been more bullish on crypto,” arguing that short-term price volatility is masking a much larger structural shift toward decentralised, code-based systems.
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