Coinbase Says Outage ‘Unacceptable’ as CEO Weighs Speed-Resilience Tradeoffs

In recent developments, coinbase is reviewing its exchange infrastructure after an AWS data center cooling failure knocked several trading services offline, blocked some account access, and delayed customer balance displays.…

The CLARITY Act will help reshore the crypto industry in the US — Attorney

In recent developments, the “biggest market” in crypto is conducting the vast majority of its trading volume outside of US-based exchanges, according to Attorney Bill Hughes. Looking closer, market participants…

IMF Warns AI Will Supercharge Cyberattacks on Global Financial System

In recent developments, the IMF called for treating cybersecurity as a core stability issue as new AI tools let even unskilled attackers breach critical infrastructure. Looking closer, market participants highlight…

Will Strategy Sell Bitcoin This Year? Traders Are Convinced After Saylor Comm…

In recent developments, users of Myriad’s prediction market believe it’s likely Strategy will part ways with some of its Bitcoin holdings this year. Looking closer, market participants highlight key drivers…

AWS Northern Virginia data center overheats, impacting Coinbase

In recent developments, coinbase said on Friday its markets are being placed in “cancel only” mode but will begin to re-enable trading “shortly.” Looking closer, market participants highlight key drivers…

Solv Protocol Will Dump LayerZero, Migrate $700M Tokenized Bitcoin Tech to Ch…

In recent developments, solv Protocol will move its tokenized Bitcoin infrastructure to Chainlink, following Kelp DAO’s lead after it blamed LayerZero for a hack. Looking closer, market participants highlight key…

Elon Musk’s SpaceX Will Help Power Anthropic’s Claude in Surprise AI Deal

In recent developments, elon Musk’s combined company of SpaceX and xAI will help boost Anthropic with a deal to provide compute for Claude AI models. Looking closer, market participants highlight…

Coinbase Cuts 14% of Workforce, Targets Leaner AI-Era Model

In recent developments, coinbase will cut about 700 employees as it restructures around weaker crypto market conditions and artificial intelligence-driven productivity gains. The company said the 14% workforce reduction is…

Haun Ventures raises $1B, adding AI to crypto focus

In recent developments, haun Ventures founder Katie Haun said AI will “increasingly begin to conduct economic activity on our behalf,” and services will need to adapt for that world. Looking…

Crypto industry will be ‘just fine’ if CLARITY Act doesn’t pass: Chris …

In recent developments, the efforts of the SEC and CFTC chairmen indicate that the crypto industry will not suffer without the CLARITY Act, according to crypto executive Chris Perkins. Looking…