Crypto

Polygon Labs CEO Marc Boiron announced additional layoffs on Thursday as the company finalizes its $250 million acquisition of cryptocurrency exchange Coinme and wallet infrastructure platform Sequence.

Balaji Srinivasan, the founder of Network School and former chief technology officer of Coinbase, is seeking a formal agreement with Malaysia after authorities investigated his tech community in Johor over allegations of hosting Israeli citizens.

Indonesia currently hosts over 21 million registered crypto asset users, according to the Indonesia Financial Services Authority.

Citadel Securities, a leading global market maker, has invested $400 million in cryptocurrency exchange Crypto.com, valuing the company at $20 billion.

Coinbase shares rose nearly 4% on Wednesday after William Blair maintained an 'outperform' rating despite slashing 2026 and 2027 EBITDA estimates by 34% and cutting revenue forecasts by 12-13%.