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AI Is Causing A Tidal Wave Of Job Cuts At Crypto Firms

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...
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Jul 14, 2026 / Tyler Durden
China's Helium Export Ban Raises New Risks For Global Supply Chains
China's Helium Export Ban Raises New Risks For Global Supply Chains Authored by Michael Zhuang via The Epoch Times, China has imposed a temporary ban on helium exports, adding fresh uncertainty to global supplies of a gas essential to semiconductor manufacturing, aerospace, medical equipment, and other high-tech industries. The first pilot helium production facility in Europe, located in Saint-Parize-le-Châtel, France, on Sept. 11, 2024. FREDERIC MOREAU/Hans Lucas via AFP/Getty Images The July 10 announcement by China's Ministry of Commerce and General Administration of Customs comes as Beijing faces mounting pressure on its own...
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Mar 18, 2026 / Will Porter
Trump Delays Meeting with China’s Xi
A planned meeting between President Donald Trump and his Chinese counterpart Xi Jinping will be delayed by “five or six weeks,” the US leader said. His trip to China’s capital was set to occur later this month, but was called off amid ongoing hostilities with Iran. Speaking to reporters on Tuesday, Trump said the much-anticipated […]
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Jun 12, 2026 / Tyler Durden
The Mullahs & The Lefty-Left
The Mullahs & The Lefty-Left Authored by James Howard Kunstler, "Until you are willing to harm the left more than they are willing to harm you, they will win. It’s really that simple." - Aimee Terese on X You’ll just have to stand by on whether this war with Iran is over or not, since the Shia true believers’ practice of Taqiyya is a permission structure for lying to infidels (us) when necessary — like, to advance global chaos that will bring the return of the Hidden Imam (Mahdi) to fill the world with justice, and...
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