Crypto Market
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
Derek Vaughn
May 20, 2026
Meta Platforms launched a major reorganization on May 20, 2026, cutting roughly 8,000 jobs, about
Non-USD stablecoins still account for only about 0.24% to 0.5% of the broader stablecoin market,
Trump Media-backed Truth Social withdrew registration statements for three proposed crypto exchange-traded funds on May
Minnesota has moved prediction markets into the center of a high-stakes regulatory fight after Governor
Galaxy Digital received a BitLicense and Money Transmission License from the New York State Department
South Korea’s Financial Services Commission is reviewing Hana Bank’s planned 6.55% stake in Dunamu, the
Grayscale and VanEck submitted amended S-1 registration statements in mid-May, signaling active SEC engagement on
Poland’s lower house approved a revised crypto-assets bill on May 15, 2026, voting 241 to
U.S. spot Bitcoin ETFs recorded their largest single-day withdrawal since late January, with $635 million
Twenty former FTX customers from five countries have filed a $525 million lawsuit accusing Silicon