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Tether had ‘record-breaking’ net profits in Q4, Polygon Labs does layoffs and hackers steal $112M of XRP

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Hello and welcome back to the third edition of the new and improved TechCrunch Crypto newsletter. © 2024 TechCrunch. All rights reserved. For personal use...

Polygon Labs lays off 60 employees, about 19% of its staff, CEO says

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Polygon Labs, the team focused on building the layer-2 blockchain Polygon, has laid off 60 employees, or about 19% of its staff, according to...

Polygon Labs lays off 60 employees, about 19% of its staff, CEO says

Tech Team SNFYI -
Polygon Labs, the team focused on building the layer-2 blockchain Polygon, has laid off 60 employees, or about 19% of its staff, according to...

AI and blockchains might need one another to evolve, according to new report

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Even though the two sectors are reaching different levels of mainstream adoption, they are also facing challenges that the other could potentially help alleviate. ©...

US Ramps Up Monitoring of Crypto Miners’ Energy Use

Tech Team SNFYI -
The Energy Information Administration will track U.S. crypto miners' energy consumption following an “emergency collection of data request.”
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