Intuit Cuts 3,000 Jobs as AI Investment Push Tests Investor Patience
Intuit cut roughly 17% of its global workforce, about 3,000 employees, in a company-wide restructuring tied to cost and operational priorities.
Blockchain
The technology side of crypto: tokenization of real-world assets, security incidents, DeFi protocols, AI and crypto, NFTs, and layer-1 and layer-2 networks.
59 stories
Missouri Sues CoinFlip Over Alleged Crypto ATM Fraud Failures
Missouri Attorney General Catherine Hanaway filed a lawsuit in late May 2026 against GPD Holdings LLC, the operator of CoinFlip, accusing the company of knowingly…
Meta Cuts 8,000 Jobs as AI Reorganization Accelerates
Meta Platforms launched a major reorganization on May 20, 2026, cutting roughly 8,000 jobs, about 10% of its workforce, while employees in Singapore were among the first…
Ohio Crypto Manager Gets Nine Years for $10M Ponzi Scheme
Rathnakishore Giri, a 31-year-old investment manager from New Albany, Ohio, was sentenced to nine years in federal prison and three years of supervised release for…
Vitalik Buterin Says AI Formal Verification Could Make Crypto Safer
Vitalik Buterin argued that combining artificial intelligence with formal verification could make Ethereum and broader crypto infrastructure “much more secure,” shifting…
THORChain Halts Trading After $10.8M Cross-Chain Exploit
THORChain halted trading and signing across multiple networks on May 15, 2026, after investigators identified a multi-chain exploit that drained more than $10 million in…
CrowdStrike Says North Korea-Linked Crypto Theft Hit $2.02B in 2025
CrowdStrike reported on May 14, 2026, that North Korea-linked cyber actors stole an estimated $2.02 billion in digital assets during 2025, a 51% year-over-year increase…
North Korea-Linked Actors Drove 60% of Crypto Theft in 2025
North Korea-linked actors were responsible for roughly $2.06 billion in cryptocurrency theft in 2025, equal to about 60% of all reported losses that year, according to…
Tokenized Repo Moves Market Plumbing Toward Near-Instant Settlement
Major repo market participants are shifting core settlement infrastructure onto distributed ledgers, using tokenized cash and securities to compress settlement windows…
Ronin Moves to Ethereum L2 in OP Stack Migration
Ronin Network is set to transition from an independent gaming sidechain into an Ethereum layer-2 rollup built on Optimism’s OP Stack.
Arbitrum DAO Cleared to Vote on $71M KelpDAO Recovery Transfer
A federal judge in Manhattan has modified a restraining order, clearing the way for Arbitrum DAO to hold a binding on-chain governance vote on transferring 30,765 ETH…
Aptos Commits $50M to Build Infrastructure for AI Agent Markets
Aptos Foundation and Aptos Labs have announced a $50 million commitment to accelerate on-chain infrastructure for autonomous AI agents, positioning the network as a…
Chaos Labs Says Oracle Network Stayed Secure After Wallet Incident
Chaos Labs said a weekend cyber incident targeted its operational wallets but did not compromise the core oracle infrastructure supporting its price feeds.