OpenAI Halves GPT-6 Sol and Luna API Prices as Anthropic Launches Opus 5.5
OpenAI released GPT-6 Sol and Luna with permanent 50% price cuts on the same day Anthropic introduced Claude Opus 5.5, intensifying competition over cost per completed task
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Latest updates, press releases, and insights from the volatile world of digital assets.
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Fed Raises Rates 25 Basis Points in First Hike Since 2023
The Federal Open Market Committee unanimously lifted the federal funds target range to 3.75%-4.00% amid elevated inflation and solid economic growth
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Bitwise Trims 14% of Workforce as Client Assets Drop to $9 Billion
Crypto asset manager reduces headcount to about 155 after client assets contracted from more than $15 billion, with its flagship index fund also posting sharp declines
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FalconX Cuts 10% of Staff, Withdraws Singapore License Bid Amid Crypto Slump
Digital asset prime broker FalconX has reduced its workforce by about 10% and is refocusing its Singapore strategy while expanding in Europe as crypto markets face extended pressure
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Pump.fun Laid Off Staff Weeks Before Major Token Vesting
Solana memecoin platform dismissed workers in early 2026 shortly before PUMP grants were due, with at least one allocation now valued in seven figures canceled
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Luno Cuts 20% of Global Staff in Automation-Driven Restructuring
Digital Currency Group-owned exchange reduces workforce amid weaker retail trading, pivots to institutional services and exits select markets
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Yield Guild Games Shuts Publishing Arm and Cuts 35 Jobs in AI Shift
Yield Guild Games is closing its YGG Play publishing division amid challenging market conditions and redirecting efforts toward AI data generation from gaming behavior
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BitGo Cuts 15% of Workforce to Advance AI and Stablecoin Infrastructure
BitGo Holdings announced a workforce reduction of nearly 15% as the company redirects resources toward security, trading, stablecoins, settlement, and AI-powered infrastructure. CEO Mike Belshe described the move as a one-time restructuring
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Galaxy CEO Mike Novogratz: Fed Rate Cuts Could Revive Bitcoin Momentum
Mike Novogratz pushes back against claims that Bitcoin is a dead asset, pointing to potential Federal Reserve rate cuts as a key catalyst for renewed growth amid current market weakness
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Why Bitcoin Is Falling Despite Pro-Crypto Kevin Warsh as Fed Chair
Bitcoin dropped sharply to $74,190 despite Kevin Warsh's appointment as Federal Reserve Chair. Rising bond yields and expectations of tighter policy are pressuring crypto markets, even as some analysts forecast eventual rate cuts and the ECB maintains a hard line against euro stablecoin easing
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