Jack Dorsey’s Block May Slash Up To 10% of Staff: Report

Jack Dorsey’s payments company Block Inc. has begun informing hundreds of employees that their roles could be eliminated during annual performance reviews, as the firm undertakes a wider restructuring effort. As much as 10% of Block’s workforce may be affected, Bloomberg reported on Sunday, citing people familiar with the matter. The company employed just under … Read more

ARK Sells $22M in Coinbase Shares, Buys Bullish Across ETFs

Cathie Wood’s ARK Invest continued reducing its exposure to crypto exchange Coinbase on Friday, unloading $22 million worth of shares across multiple exchange-traded funds (ETFs) while adding to its position in digital asset platform Bullish. According to ARK’s trade disclosures, the firm sold 92,737 Coinbase Global shares from the ARK Innovation ETF (ARKK), 32,790 shares … Read more

CFTC Amends Guidance, Includes National Trust Banks As Stablecoin Issuers

The Commodity Futures Trading Commission (CFTC), a US financial regulator, reissued a staff letter on Friday to expand the criteria for payment stablecoins to include national trust banks, recognizing their eligibility to issue the fiat-pegged tokens. The CFTC amended Staff Letter 25-40, which was issued on December 8, 2025, to include national trust banks, financial … Read more

Strategy ($MSTR) Soars 25% As Bitcoin Bounces Off Lows

Shares of Strategy ($MSTR) surged sharply Friday, lifting more than 25% at times, trading near $133, after a brutal prior session left the bitcoin‑linked stock deeply oversold.  The jump comes as markets stabilized and bitcoin rebounded from multi‑week lows to around $71,000, injecting newfound demand into equities tied to digital assets. Friday’s rally reversed a … Read more