What’s behind the most recent lay-off spree? Polygon Labs has carried out one other spherical of layoffs. The corporate has reportedly lower round 30% of its workforce because it restructures and pivots towards stablecoin-based funds, in accordance with a number of posts and disclosures from affected workers on the social media platform X. Whereas Polygon Labs has not publicly disclosed the precise variety of roles eradicated, its CEO, Marc Boiron, later confirmed the workforce discount in a public assertion. Brutal 30% Cuts The newest job cuts appear to be a part of an organizational reset as Polygon strikes away…
Author: FIT Editorial Team
In line with CoinGecko’s annual report, crypto treasury firms had been among the many 12 months’s greatest consumers at the same time as costs fell. Their steadiness sheets grew sharply, and their actions left a transparent mark on provide and markets. The numbers inform a narrative of heavy shopping for, pause, after which company strikes to guard share worth. Associated Studying Giant Treasury Shopping for Spree Reviews have disclosed that these treasury corporations deployed near $50 billion into Bitcoin, Ethereum, and different tokens throughout 2025. Initially of the 12 months, treasuries held greater than $56 billion in crypto. By January…
Trusted Editorial content material, reviewed by main trade consultants and seasoned editors. Ad Disclosure Ethereum is struggling to push above crucial provide ranges after a short surge above $3,300, because the market makes an attempt to stabilize following weeks of sustained promoting strain. Whereas the rebound has sparked renewed optimism, worth motion stays fragile, with bulls nonetheless needing clear affirmation earlier than a broader restoration can take maintain. Nonetheless, the truth that ETH is holding close to key ranges has led some analysts to begin calling for greater costs, arguing that the market could also be coming into a brand…
Christopher Wooden, world head of fairness technique at Jefferies, has eradicated Bitcoin from his flagship Greed & Concern mannequin portfolio, citing issues that developments in quantum computing might pose an existential menace to the cryptocurrency’s cryptographic foundations. Within the newest version of the broadly adopted publication, Wooden confirmed that Jefferies has eliminated its whole 10% Bitcoin allocation, changing it with a cut up allocation of 5% to bodily gold and 5% to gold-mining equities, according to Bloomberg. The strategist stated the transfer displays rising uncertainty over whether or not Bitcoin can keep its position as a long-term retailer of worth…
Bitcoin miners entered early 2026 in a well-known however more and more unforgiving setup: community hashrate is slipping from late-2025 highs, issue is adjusting on a delay, and energy prices stay the exhausting constraint that decides which fleets keep on-line and which go darkish.The result’s a market that may look resilient on the floor, particularly when Bitcoin bounces, however stays fragile on the margin, the place a single issue uptick or a regional energy spike can flip “working” into “curbing” rapidly.Hashrate is cooling after a late-2025 excessiveBitcoin’s community hashrate has cooled from its late-2025 peak tempo and has not persistently…
Monero (XMR), considered one of crypto’s most established privacy-focused property, has exploded greater to begin 2026, delivering one of many strongest strikes out there over the previous few days. Monero is constructed round non-public, censorship-resistant transactions, utilizing cryptography to obscure pockets balances and switch particulars on-chain. That privacy-first design has stored XMR in its personal class for years, typically shifting independently from large-cap altcoins when narrative-driven momentum returns. Associated Studying For the reason that starting of the yr, XMR has surged from roughly $410 to just about $799, a near-vertical transfer that displays each aggressive demand and a fast shift…
Trusted Editorial content material, reviewed by main business consultants and seasoned editors. Ad Disclosure The Ethereum Basis has printed a step-by-step plan to let Ethereum’s primary chain validate blocks utilizing zkEVM proofs, lowering the necessity for validators to re-run each computation themselves. The proposal, shared through X on Jan. 15 by Tomasz Ok. Stańczak, Co-Govt Director on the Ethereum Basis, lays out the engineering work wanted throughout Ethereum’s execution and consensus purchasers, plus new proving infrastructure and safety processes. zkEVM on L1 – the planhttps://t.co/KLz7PoH6q9 — Tomasz Ok. Stańczak (@tkstanczak) January 15, 2026 Ethereum L1 Strikes Towards zk Proof-Based mostly…
Coinbase CEO Brian Armstrong has accused main U.S. banks of making an attempt to sabotage President Donald Trump’s pro-crypto agenda, warning that proposed modifications to a Senate market construction invoice may stifle innovation, ban complete classes of digital property and strip Individuals of the flexibility to earn yield on stablecoins. In a wide-ranging interview with Fox Enterprise anchor Maria Bartiromo on Mornings With Maria, Armstrong said the most recent draft of laws rising from the Senate Banking Committee represents a “giveaway to the banks” that dangers regulatory overreach and undermines current bipartisan progress on crypto coverage. “After reviewing the Senate…
From missile strikes to protests, Iran’s political shocks repeatedly triggered crypto spikes. Iran’s cryptocurrency ecosystem reached a complete exercise of greater than $7.78 billion in 2025, increasing at a sooner tempo for many of the 12 months in comparison with 2024, in accordance with a brand new report by blockchain analytics agency Chainalysis. The expansion occurred towards a backdrop of intensifying political, financial, and safety pressures on the nation, together with sanctions, excessive inflation, home unrest, and escalating regional battle. Wars, Protests, and a Plunging Foreign money In its newest report this week, Chainalysis stated that Iran’s crypto exercise…
Solana is testing investor confidence because the SOL worth slips again towards key assist ranges, even because the community continues to broaden throughout a number of fronts. After briefly pushing above $147 earlier this week, the token failed to carry its positive aspects and is now buying and selling under $145. Associated Studying The pullback comes at a time when Solana is seeing rising institutional curiosity, rising real-world asset adoption, and new user-focused initiatives, making a distinction between short-term worth stress and longer-term ecosystem progress. SOL’s worth shifting sideways on the day by day chart. Supply: SOLUSD on Tradingview SOL…