27 Feb, 2026
by
Ceeyoung
Morning Minute: Jack Dorsey Slashes 40% of Block’s Jobs Due to AI
Citrini warned everyone that these AI layoffs were coming, and it seems Jack Dorsey took their warning to heart and chose to act first.
27 Feb, 2026by
Ceeyoung
Bitcoin pioneer Jack Dorsey wants 50% staff cut to feel “awkwardly human” as AI-era reset begins at Block
Block shares jumped more than 20% in premarket trading after CEO Jack Dorsey told employees the company will cut more than 4,000 roles and reorganize around an “AI-era” operating model. The reduction takes Block from more than 10,000 employees to just under 6,000 (“nearly half,” in Dorsey’s wording), while the
27 Feb, 2026by
Ceeyoung
Jane Street Lawsuit Fuels Late Double-Digit Pop in Terra Luna Classic
LUNC’s price jump follows a lawsuit filed Monday by Terraform Labs’ bankruptcy administrator, boosted by spot-buying and a short squeeze.
27 Feb, 2026by
Ceeyoung
Bitcoin rallies on Nvidia’s monster quarter but its tech beta means the next AI scare hits harder
Nvidia printed a monster quarter, with $68.1 billion in revenue and its Data Center business alone delivering $62.3 billion. The company is expected to have roughly $78 billion in revenue next quarter. The crypto angle is mechanical, not mystical: Bitcoin has been behaving like a leveraged expression of tech risk
27 Feb, 2026by
Ceeyoung
Elizabeth Warren, OCC Chief Spar Over Trump-Linked Crypto Bank Bid
Warren called WLFI’s charter bid the “most disgraceful” corruption scandal, with the OCC’s chief quick to defend the regulator’s processes.
27 Feb, 2026by
Ceeyoung
MARA Shares Rise After Bitcoin Miner Strikes AI Data Center Deal
The Bitcoin miner moved to convert U.S. sites into AI-ready campuses, though analysts say confirmed tenants will be key.
