Block reports Q4 revenue up 4% YoY to $6.25B, gross profit up 24% to $2.87B, driven by a 33% surge in Cash App, and forecasts Q1 gross profit up 22% to $2.8B
Block (XYZ.N) on Thursday said it will cut over 4,000 jobs, nearly half its workforce, as part of an overhaul …
Block says it is laying off 4,000+ of its 10,000+ employees, saying AI tools have changed “what it means to build and run a company”; XYZ jumps 15%+
Block said Thursday it's laying off more than 4,000 employees, or about half of its headcount.
Why this is the worst crypto winter ever: AI crowds out BTC for mindshare and power grid access, crypto is mainstream, gold beats BTC as a safe haven, and more
Hello and welcome to the newsletter, a grab bag of daily content from the Odd Lots universe. Sometimes it's us …
Strategy reports Q4 net loss up 1,749% YoY to $12.4B, as BTC trades below the company's $76,052 average purchase price; MSTR is down ~60% over the past year
Shares of the bitcoin-stockpiling company have fallen sharply since crypto prices touched all-time highs in October
Bitcoin falls to ~$66K, its lowest level since President Trump's election win in November 2024 and down 44%+ from its October 2025 peak as global markets fall
Bitcoin slumped below $70,000, a level last seen 15 months ago, as a broad risk-off sentiment engulfed global markets.
Why this is the worst crypto winter ever: AI crowds out crypto for mindshare and power grid access, crypto is mainstream, gold beats BTC as a safe haven, more
and delivered. A few who stayed to push “adoption” got rich.The Plebs got smoked In the meantime China caught up with AI. The rest is just shaving.Mario S. /@covered_call:According...
Bitcoin reached a new all-time high on May 21, surpassing $110K and breaking its January 2025 record, after slumping to $74K in April 2025 amid macro concerns
WATCH NOW — Bitcoin rose to a new all-time high on Wednesday, breaking its January record.
Replit CEO Amjad Masad says learning to code is a waste of time, citing Dario Amodei's prediction that AI may generate essentially all code by next year
Repli CEO Amjad Masad said that since AI will take over coders in future, one should not waste time on studying coding now.
Melania Trump launches her own Solana coin, MELANIA, offered by MKT World, a company associated with Melania Trump; TRUMP fell ~36% on the news
CoinGecko: Trump's memecoin, with a $9B+ market cap, is still in the top 25 most valuable cryptocurrencies; some in crypto call Official Trump a “horrible look”
Trump's memecoin has taken off since debuting late Friday night. Not everyone in crypto is thrilled.
Hashed: Hyperliquid, the top DeFi derivatives exchange by volume, had $112M+ of USDC outflows on December 23, over concerns of trading by North Korean hackers
- Hyperliquid is the largest DeFi derivatives exchange by volume — Security expert says Hyperliquid faces threat from North Korea
US and Japanese law enforcement say North Korean hackers were responsible for stealing 4,502.9 bitcoin, worth $308M, from Japanese exchange DMM in May 2024
The $308 million hack of Japanese crypto exchange DMM in May was the work of North Korean hackers, the U.S. and Japanese law enforcement agencies said Monday.
SEC chair Gary Gensler will step down on January 20; it has been traditional for SEC chairs to resign if the administration changes in the middle of their term
Brady Dale / Axios :
President Biden vetoes a bill overturning SAB 121, a controversial SEC bulletin that establishes accounting standards for companies that custody crypto
- U.S. President Joe Biden vetoed a bill to overturn a controversial Securities and Exchange Commission bulletin, SAB 121 …
X confirms the @SECGov account was compromised and says “the compromise was not due to any breach of X's systems” and that the account didn't have 2FA enabled
- X said late Tuesday it has completed a preliminary probe into the compromised account of the U.S. Securities … Source: @safety .
An X post from US SEC Chair Gary Gensler says that the @SECGov's “twitter account was compromised”, and that the agency has not approved spot bitcoin ETFs
The X account of the U.S. Securities and Exchange Commission, which is deciding whether to approve bitcoin ETFs, “was compromised,” the regulator told CoinDesk.
OpenSea lays off ~50% of staff and is moving to “OpenSea 2.0”; after laying off 20% of its workforce in July 2022, the NFT marketplace said 230 staff remained
A company representative told Decrypt that approximately 50% of employees were impacted across the company.
Caroline Ellison's well-prepared testimony painted Sam Bankman-Fried as the ultimate decision-maker at FTX and a corrupting influence on his subordinates
- Government prosecutors completed their direct examination of former Alameda Research CEO Caroline Ellison on Wednesday in the fraud trial of Sam Bankman-Fried.
Caroline Ellison's well-prepared testimony painted Sam Bankman-Fried as the ultimate decision-maker at FTX and a corrupting influence on his subordinates
- Government prosecutors completed their direct examination of former Alameda Research CEO Caroline Ellison on Wednesday in the fraud trial of Sam Bankman-Fried.
At SBF's trial, the personal dynamics between him and his friends are a vital component of the case, making clear how much his inner circle has turned on him
The FTX founder's criminal trial has made clear just how much his inner circle has turned against him. X: @lylepratt , @jespow , @bradydale , @runnerxbt , @zekefaux , @ritwik_priya...