Optimism’s OP Labs Cuts 20% of Staff to Streamline Focus
OP Labs, the team behind Ethereum Layer 2 solution Optimism, laid off 20 employees to focus on core initiatives amid a transitional year for the protocol. The move is strategic, not financial.
OP Labs, the team behind Ethereum Layer 2 solution Optimism, laid off 20 employees to focus on core initiatives amid a transitional year for the protocol. The move is strategic, not financial.
Metaplanet has created a new venture unit to fund Bitcoin infrastructure startups in Japan. The firm plans to invest roughly $25 million over the next several years.
Nasdaq-listed Brera Holdings plans to pivot toward Solana infrastructure, rebrand as Solmate, and wind down two soccer teams as part of a broader digital asset strategy.
Nasdaq is linking its European trading venues to Börse Stuttgart’s tokenized settlement platform Seturion to support blockchain-based settlement of securities.
Tron has joined the Linux Foundation’s Agentic AI Foundation to support open standards for AI agents and blockchain infrastructure alongside major financial and tech organizations.
SOL Strategies’ shares jumped over 20% after the firm reported growth in its Solana validator network and staking operations, driven by liquid staking adoption.
Bitwise CIO Matt Hougan said recent geopolitical trading activity on crypto platforms suggests traditional finance may adopt 24-7 blockchain rails faster than expected.
Ripple has expanded its payments platform into an end-to-end stablecoin and fiat infrastructure stack, surpassing $100 billion in processed volume across 60 markets.
OKX has introduced an AI layer for its OnchainOS, allowing developers to deploy autonomous agents across wallets, DEX infrastructure and multiple blockchains.
MoonPay has introduced PYUSDx, a framework enabling developers to issue app-specific stablecoins backed by PayPal USD as competition in programmable dollar infrastructure intensifies.
Blockchain analytics firm Arkham Intelligence reports the UAE holds roughly $700 million in Bitcoin through state-linked mining, marking a sovereign production-based crypto reserve.
Robinhood’s Ethereum layer-2 testnet processed 4 million transactions within its first week as the firm advances plans for a mainnet launch later this year.
TON Foundation has partnered with Banxa to expand stablecoin payment processing for Asia-Pacific merchants, targeting cross-border settlements and SME adoption.
The UK government has selected HSBC Orion to support a pilot issuance of tokenized government bonds under its Digital Gilt Instrument program.
Coinbase has launched Agentic Wallets designed to let artificial intelligence agents autonomously spend, trade and manage crypto assets onchain.