Money & Business

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Navigate the financial world. Breaking news on crypto, banking, stocks, and business trends to help you build wealth.

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Jack Dorsey Cuts Block Workforce by 40% to Embrace AI Efficiency

Jack Dorsey Cuts Block Workforce by 40% to Embrace AI Efficiency

Block CEO Jack Dorsey announced a drastic 40% workforce reduction, cutting over 4,000 jobs from more than 10,000 to under 6,000, explicitly attributing the move to AI-driven efficiency gains. In a detailed 600-word X post, he justified the decision as a proactive shift to smaller teams empowered by intelligence tools....

CME Group Launches 24/7 Crypto Futures Trading May 29

CME Group Launches 24/7 Crypto Futures Trading May 29

CME Group will enable 24/7 trading for its cryptocurrency futures and options contracts starting May 29, 2026, pending regulatory approval. This move meets surging institutional demand, allowing traders to manage bitcoin, ether, SOL, and XRP exposure around the clock on the CME Globex platform....

Badge Raises $17M to Dominate Mobile Wallet Automation

Badge Raises $17M to Dominate Mobile Wallet Automation

Badge, the operating platform for mobile wallets, has raised $17.1 million in a new funding round backed by Stripe and other investors. The capital fuels the San Francisco startup's mission to transform how enterprises engage customers through Apple, Google, and Samsung Wallets....

Palantir's Miami Move Signals a New Tech Hub—But Not Silicon Valley 2.0

Palantir's Miami Move Signals a New Tech Hub—But Not Silicon Valley 2.0

Palantir Technologies relocated its headquarters from Denver to Miami this week, joining a wave of tech and finance leaders fleeing California. The move reflects a broader shift toward Republican-led states with lower taxes—but Miami's tech ecosystem remains fundamentally different from Silicon Valley....

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SVB Declares 2026 Crypto's Integration Year Into Finance

SVB Declares 2026 Crypto's Integration Year Into Finance

Silicon Valley Bank forecasts 2026 as the pivotal year when cryptocurrencies evolve from speculative assets to core financial infrastructure, driven by regulatory clarity, institutional adoption, and explosive M&A activity....

How to Convert WBTC to FTM: Step-by-Step Guide

How to Convert WBTC to FTM: Step-by-Step Guide

Converting Wrapped Bitcoin (WBTC) to Fantom (FTM) is straightforward using trusted exchanges. This guide covers steps, rates, and platforms for efficient swaps....

JPMorgan Cuts Coinbase Price Target to $252 After Q4 Miss

JPMorgan Cuts Coinbase Price Target to $252 After Q4 Miss

JPMorgan reduced its Coinbase price target following weak fourth-quarter earnings, but maintained an overweight rating, citing confidence in the exchange's long-term strategy despite near-term crypto market headwinds....

Fintech Investment Surges 44% in 2025 Despite Deal Slowdown

Fintech Investment Surges 44% in 2025 Despite Deal Slowdown

Global private equity and venture capital poured $18.54 billion into fintech companies in 2025, marking a 43.7% year-over-year surge. The growth signals investor confidence in digital financial services despite a contracting deal environment....

Canaan Stock Falls 7% Despite Record $196M Q4 Revenue

Canaan Stock Falls 7% Despite Record $196M Q4 Revenue

Bitcoin mining equipment manufacturer Canaan reported a 121% year-over-year revenue surge in Q4 2025, yet investors punished the stock with a 7% decline, signaling market concerns beyond headline growth figures....

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