Circle Cuts 5% of Staff as Q3 EPS Beats Estimates
The workforce reduction landed alongside a quarterly earnings result more than twice the analyst estimate, putting cost cuts and operating performance in focus.
Institutional crypto activity — corporate treasuries, custody mandates, pension and endowment moves, and bank involvement.
The workforce reduction landed alongside a quarterly earnings result more than twice the analyst estimate, putting cost cuts and operating performance in focus.
Daily ETF withdrawals fell more than 80% from their peak, but funds remain in net-outflow territory and Bitcoin still faces resistance near $80,000.
The unit combines spot liquidity, financing, derivatives and settlement, extending BitGo's institutional offering beyond custody and trading.
A major bank entering blockchain-based securities puts tokenization closer to mainstream financial markets, though the announcement does not specify a network or launch timeline.
Deposits began outpacing withdrawals by Nov. 3, but the net outflow still equaled about 3.1% of Binance's previously reported assets.
The reported loss remains unconfirmed in size, but Crypto.com says it blocked linked funds while investigators trace withdrawals across major exchanges.
The SEC relief covers defined network rewards, not every Canton Coin distribution, making the decision a potential model for infrastructure incentives rather than a blanket exemption.
Block beat Q3 gross-profit estimates and raised its 2026 outlook, but the potential $764M DOJ deal and a reported 50% drop in Bitcoin profit complicate the outlook.
Texas holds 27% of planned U.S. data center power capacity, putting proposed construction limits in focus for investors already nursing steep losses in AI infrastructure stocks.
The move puts a major Wall Street bank among early participants in infrastructure designed to bring traditional securities onto tokenized rails.
The move puts Morgan Stanley among the first users of DTCC’s new service, which launched with 20 participants and was developed with input from more than 150 firms.
The service preserves the ownership rights and investor protections of the underlying securities while enabling digital transfers and exchanges between tokenized and traditional forms.
Ethereum ETFs also lost $85.3462M, extending their outflow streak to 7 days and pointing to broad pressure across spot crypto funds.
The alleged loss spans multiple days and may exceed $133 million, raising questions about how quickly the funds could have been frozen.
The three-token withdrawal puts a newly created wallet on traders’ radar, though the transfers alone do not confirm whether the assets are being held or redeployed.
The reported losses involve funds withdrawn from centralized exchanges and moved across multiple blockchains, with USDC and USDT swapped into ETH and XMR.
The dispute puts delayed ownership disclosures and the Trump-linked firm's UAE ties at the center of a fight over where Sun's $45M investment lawsuit will be heard.
The move shifts sizable PONS and ETH balances off OKX, though a withdrawal alone does not establish whether the wallet intends to hold or sell.
Haipo Yang's critique puts operational discipline, not advanced cryptography, at the center of exchange security.
Bybit’s move toward an in-house hardware wallet highlights the cost and complexity of reducing reliance on third parties, while putting staff security in the threat model.