Yet Another Historic Church Torched In Canada

AI Is Causing A Tidal Wave Of Job Cuts At Crypto Firms Layoffs are spreading across crypto and fintech — and executives increasingly say AI is part of the reason, according to Bloomberg. Coinbase, PayPal, Gemini, and Crypto.com have all recently cut jobs while emphasizing efficiency and automation. On Tuesday, Coinbase CEO Brian Armstrong framed the shift in stark terms, warning that “the biggest risk now is not taking action” as the company tries to become “lean, fast, and AI-native.” Bloomberg writes that the trend gained momentum after Block, Inc. — the...

JPMorgan Activates BTC & ETH As Institutional Collateral Via Sentora Research, JPMorgan has officially bridged the gap between "Digital Gold" and "Wholesale Credit."  The activation of direct BTC and ETH collateralization allows institutional giants to finally turn their dormant holdings into immediate USD liquidity without selling a single satoshi. Operating through the Kinexys (formerly Onyx) digital financing platform, the bank now allows institutional clients like hedge funds and corporate treasuries to pledge BTC and ETH for USD-denominated liquidity. Unlike previous years where only ETF-wrapped products were supported, this move enables borrowers to leverage their direct on-chain...

SK Hynix Joins Trillion Dollar Club As Korean Stocks Echo Nasdaq's 1999 Meltup The breathtaking rally in South Korean stocks hit a couple of key milestones overnight. The benchmark Kospi index at one point in the session was up 100% for 2026, rivaling the Nasdaq 100 Index’s 102% surge in 1999 - right before the bubble burst... Samsung (005930) was up 2.7% and SK Hynix (000660) soared 9.3% rallying to new record highs mainly on three things: 1) overnight backdrop of SOX +5.5% driven by MU +19% strength, 2) launch of leveraged ETF...