Exchange
Gemini hit with investor lawsuit over strategy shift, stock slump as losses widen and layoffs mount
Gemini is facing a class-action lawsuit in New York accusing it of misleading investors about its strategy before and after its 2025 IPO.
Exchange
Exchange
FTX Recovery Trust to distribute $2.2B to creditors in March
The fourth round of reimbursements to creditors and former clients of the failed crypto exchange since February 2025 brings the total paid to about $10 billion.
Exchange
Crypto.com cuts 12% of staff as it integrates AI across the business for efficiency
Crypto.com has announced plans to reduce its workforce by 12% as the exchange integrates artificial intelligence technology across its business operations to improve efficiency. The Singapore-based cryptocurrency platform confirmed the layoffs will affect employees globally, though the company has not disclosed the exact number of positions being eliminated or
Exchange
Mastercard to Acquire Stablecoin Tech Firm BVNK for Up to $1.8 Billion
Mastercard said Tuesday that it will acquire stablecoin infrastructure firm BVNK in an effort to connect fiat and crypto payment rails.