Polygon Labs Cuts Staff Again in 2026 as Coinme Deal Closes
The layoffs arrive as Polygon Labs pushes to finalize its Coinme acquisition and refocus the business around payments infrastructure, marking the second workforce reduction this year.
Crypto business news — institutional moves, funding rounds, payments, partnerships, and country-level adoption.
The layoffs arrive as Polygon Labs pushes to finalize its Coinme acquisition and refocus the business around payments infrastructure, marking the second workforce reduction this year.
Transaction sign-off stays on a physical device, so an autonomous agent can read balances and draft swaps but can never broadcast one without a human tap.
Glide is MoonPay's sixth acquisition of 2026, and the onramp giant is absorbing a four-person team that built crypto-native deposit rails for fintechs and neobanks.
The model fuses Strategy's BTC treasury playbook with private M&A: founders take partial stock, Orange Juice holds cash flow and stacks Bitcoin, then aims to list and recycle liquid shares into more…
The investment slots Tether deeper into Latin American fintech distribution on the same day Allianz X closed a $197M round first led in March, a structural bet on stablecoin rails across the region.
The expansion triples TSMC's US capex footprint and locks in three new fabs plus an R&D center, deepening the US-Taiwan semiconductor decoupling beyond any previous commitment.
Just 61 rounds closed in June, down 31.5% from May and 52% below the post-2020 monthly average, the weakest month for venture capital into crypto since November 2020.
The distribution deal through Fireblocks Earn matters more than the vaults themselves: idle stablecoin balances sitting in custody are the largest unmonetised pool in crypto, and Galaxy just put a…
The structure borrows the MicroStrategy treasury playbook but layers in permanent-capital discipline, a model that raises the bar for every 'bitcoin treasury' equity raise that follows.
Visa, Mastercard, Stripe, AWS and Cloudflare all in the premier tier, with Coinbase handing stewardship to a neutral foundation built around the dormant HTTP 402 code.
The scale matters beyond Seoul: Korea's retail margin complex is large enough that 1.2M margin calls show up in global crypto sell-pressure feeds within minutes.
Strategy's CFO publicly framed the level at which bitcoin becomes a balance-sheet problem rather than a treasury asset, putting a hard number on a question holders have avoided for two years.
After absorbing over $100M in a single month in May, U.S. spot XRP ETFs have slipped below $1B in combined AUM, with several July sessions logging zero flows and one printing $7.3M in net outflows.
The equity check is small, but it is the third LatAm deal in three months and follows a Q1 profit of $1.04B; Tether is converting USDT reserve yield into a regional banking footprint while…
Ethereum ETFs booked $96M in three trading days while Bitcoin ETFs swung through a $424M outflow, the cleanest signal yet that institutional capital is rotating, not retreating.
A truck maker with a $50B supply chain testing internal settlement rails signals where enterprise blockchain's next foothold may sit: not tokenized treasury, but inter-tier AP and invoicing.
Larry Fink frames wallet-side access to stocks and bonds as the next institutional on-ramp, weeks after BlackRock's crypto funds shed roughly $30B in value and raked in $82M in fees.
A unanimous Senate resolution signals bipartisan resolve to keep the FTX founder's 25-year sentence intact, closing off a presidential pardon before any future appeal.
Spot Ethereum ETFs added another $53.83M on the same session, with BlackRock's ETHA accounting for $45.29M of that total, extending a pattern where one issuer keeps dominating the bid.
Card rails keep the macro layer, stablecoins take the micro tier, and Visa expects hybrid agentic flows rather than a winner-take-all shift on either rail.