Jack Dorsey’s Block may cut workforce by 10%: Report

Block, the fintech firm behind payment tools and blockchain-based financial services led by Bitcoin advocate Jack Dorsey, is carrying out performance-based job cuts that could affect up to 10% of its workforce, Bloomberg reported Sunday, citing people with knowledge of the situation. Block has over 10,000 employees, according to the company’s LinkedIn page. The potential…

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Vitalik Declares End of Ethereum Layer 2?

In early 2026, Ethereum stands at a historic crossroads, forcing a fundamental re-evaluation of its rollup-centric roadmap. For years, the community prioritized Layer 1 (L1) as a secure settlement layer while delegating transaction execution to Layer 2 (L2) solutions, yet this strategic isolation has reached its limit. Amidst this transition, Vitalik Buterin now declares the…

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Coinbase CEO Sees Bullish Outlook as Long-Term Crypto Bull Case Accelerates

Crypto uncertainty is routine, not a warning sign, as Coinbase CEO Brian Armstrong signals confidence in long-term adoption, accelerating financial disruption, and Coinbase’s potential role in rebuilding global financial infrastructure. Brian Armstrong Stays Firmly Bullish on Crypto Amid Market Volatility Coinbase CEO Brian Armstrong shared a post on social media platform X on Feb. 7,…

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China Reiterates Crypto Ban While Cracking Down on Tokenized Assets and Yuan Stablecoins

Like clockwork, China FUD is back just as Bitcoin slips into bear-market territory. Beijing has widened the scope of its cryptocurrency ban, explicitly targeting the tokenization of real-world assets and unauthorized stablecoins linked to its currency. China just reminded the global market that its door to cryptocurrency remains firmly shut. In a coordinated move involving…

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Update: DITO ISP Users Urged to Use PAGCOR-Approved Gambling Sites When Accessing Blocked Crypto Exchanges

Disclaimer: This article is for informational purposes only and does not constitute financial advice. BitPinas has no commercial relationship with any mentioned entity unless otherwise stated. 📬 Get the biggest crypto stories in the Philippines and Southeast Asia every week — subscribe to the BitPinas Newsletter. Updated: As of Feb. 7, 2026, the PAGCOR-related page…

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TradFi Deleveraging Triggered Feb 5 Crypto Crash

Bitwise advisor Jeff Park attributed the February 5 crypto selloff to multi-asset portfolio deleveraging rather than crypto-specific factors. Summary February 5 selling was driven by multi-asset fund deleveraging, not crypto-native fear. CME basis trades unwound violently as pod shops de-grossed across portfolios. Short gamma and structured product hedging amplified downside despite ETF inflows. IBIT recorded…

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