layoffs

According to Cointelegraph, cryptocurrency infrastructure company BitGo Holdings announced layoffs of about 15%. BitGo co-founder and CEO Mike Belshe stated that this move aims to optimize team structure and focus resources on core areas such as security, trading, stablecoins, settlement, and AI-driven infrastructure.According to data disclosed in BitGo's annual report (with a total of 603 full-time employees by the end of 2025), this round of layoffs may involve about 90 people. Belshe described this as a "one-time adjustment" and does not expect further job cuts in the future. Affected by related news and the overall downturn in the cryptocurrency market, BitGo's stock price (BTGO) fell 4.67% to $4.80 on Thursday, down nearly 73% from its issuance price of $18 when it went public in January this year.

According to monitoring by Catcher Predict, in the predicted market Polymarket for the event "Dota 2: Team Spirit vs Nigma Galaxy - International Europe Closed Qualifiers Playoffs," the sub-market "Ends During the Day" option's win rate has experienced significant fluctuations, soaring from 49.5% an hour ago to the current 90% (a fluctuation of 40.5%). Please note the impact of related breaking news.

According to monitoring by Catcher Predict, in the market prediction event on Polymarket for "Dota 2: L1ga Team vs 4ikibamboni - International Europe Closed Qualifiers Playoffs," the "Total Kills Exceeding 45.5 in the First Game" sub-market's "Exceeding" option win rate has experienced significant fluctuations, soaring from 50% an hour ago to the current 95.5% (a fluctuation of 45.5%). Please note the impact of related breaking news.

According to monitoring by Catcher Predict, in the predicted market Polymarket for the event "Dota 2: Nigma Galaxy vs Natus Vincere - International Europe Closed Qualifiers Playoffs," the "Yes" option in the sub-market "Both teams defeat Roshan" has seen a dramatic fluctuation in win rate, soaring from 50% an hour ago to the current 90% (a fluctuation of 40%). Please note the impact of related breaking news.

The Ethereum Foundation announced in a blog that it has completed a months-long reorganization and laid off 54 people, approximately 20% of the previous workforce.This adjustment continues the strategic transformation of "Lean Ethereum" and the development direction for 2026, repositioning the Ethereum Foundation as a lighter protocol governance and maintenance entity, rather than a primary core builder.This change is further advanced based on the 2025 PR&D (Research and Development) reorganization (reducing staff from over 110 to below 100), the previous layoff of about 19 people, and the successive departures of several senior researchers.

According to the latest industry reports and corporate disclosure documents, the technology industry is experiencing a large-scale wave of layoffs driven by artificial intelligence (AI) in 2026. Despite several companies achieving record high revenues, major tech giants are intensively restructuring their organizational frameworks to reallocate funds towards AI infrastructure development and to enhance operational efficiency through AI. Data shows that in May of this year, the number of layoffs in the tech industry reached the highest monthly record in years, with AI being the core reason for the layoffs.On the execution level, several leading companies have implemented large-scale personnel reductions. Oracle's latest documents reveal that in the past 12 months, 21,000 employees (approximately 13% of the total workforce) have been laid off due to internal AI technology deployment. Amazon cut 16,000 corporate positions in January this year, with management expecting that the widespread application of generative AI will significantly reduce the demand for traditional roles. While Meta laid off about 8,000 employees, nearly 7,000 were reorganized into core AI business positions. Block significantly reduced its workforce by 4,000, nearly halving its total number of employees to adapt to the flattened operational model brought about by AI tools.Additionally, companies including Cisco (4,000 people), Intuit (3,000 people), Atlassian (1,600 people), Cloudflare (1,100 people), Snap (1,000 people), as well as Coinbase, Salesforce, and others have announced substantial layoff plans related to AI transformation this year. At the same time, although Google, Microsoft, and IBM have not disclosed specific total layoff numbers, they are also continuously advancing rolling job replacements and restructuring linked to AI strategies.

According to monitoring by Catcher Predict, in the event "Valorant: Paper Rex vs Leviatán Esports - VCT Masters London Playoffs" on the prediction market Polymarket, the "Paper Rex" option in the sub-market "Map 4 Winner" has experienced a drastic fluctuation in win rate, plummeting from 55.5% an hour ago to the current 11% (a fluctuation of 44.5%). Please note the impact of related breaking news.

According to on-chain data monitored by Catcher Predict, significant capital movements are predicted in the Polymarket market. A large whale invested $135,161.09 in a single bet on the "Counter-Strike: FURIA vs Team Falcons (BO5) - IEM Cologne Playoffs" event, targeting the "Match Winner." Based on the current transaction price, the latest corresponding win rate for this bet is 88%.

According to monitoring by Catcher Predict, in the predicted market Polymarket for the event "Counter-Strike: FURIA vs Team Falcons - IEM Cologne Playoffs," the option "Team Falcons" in the sub-market "Map 2 Round Spread: Team Falcons (-3.5) vs FURIA (+3.5)" has experienced a sharp fluctuation in win probability, rising from 36.5% an hour ago to the current 53% (a fluctuation of 16.5%). Please note the impact of relevant breaking news.

According to monitoring by Catcher Predict, in the predicted market Polymarket for the event "LoL: Dplus KIA Challengers vs T1 Academy - Asian Masters Playoffs," the "Odd" option in the sub-market "Total Kills Odd/Even" has experienced a dramatic fluctuation in win rate, soaring from 51% an hour ago to the current 90.5% (a fluctuation of 39.5%). Please note the impact of related breaking news.

According to Catcher Predict monitoring, in the predicted market Polymarket for the event "Counter-Strike: Spirit vs Team Falcons (BO3) - IEM Cologne Major Playoffs", the "Map Handicap: TS (-1.5) vs Team Falcons (+1.5)" sub-market's "Spirit" option has experienced a sharp fluctuation in win rate, dropping from 34.5% an hour ago to the current 19.5% (a fluctuation of 15%). Please note the impact of related breaking news.

According to monitoring by Catcher Predict, in the predicted market Polymarket for the event "Counter-Strike: Aurora Gaming vs FURIA - IEM Cologne Playoffs," the "Match Winner" sub-market option "Aurora Gaming" has experienced drastic fluctuations in winning probability, plummeting from 40.5% an hour ago to the current 17.5% (a fluctuation of 23%). Please note the impact of relevant breaking news.

According to monitoring by Catcher Predict, in the predicted market Polymarket for the event "Counter-Strike: Vitality vs Team Falcons (BO3) - IEM Cologne Major Playoffs," the "map handicap: VIT (-1.5) vs Team Falcons (+1.5)" sub-market's "Vitality" option has experienced significant fluctuations in win probability, soaring from 40.5% an hour ago to the current 57% (a fluctuation of 16.5%). Please note the impact of related breaking news.

According to monitoring by Catcher Predict, in the predicted market event "Counter-Strike: Spirit vs G2 - IEM Cologne Championship Playoffs" on Polymarket, the "Spirit" option in the sub-market "Map 1 Round Spread: Spirit (-3.5) vs G2 (+3.5)" has experienced a drastic fluctuation in winning probability, dropping from 49.5% an hour ago to the current 26% (a fluctuation of 23.5%). Please note the impact of relevant breaking news.

According to monitoring by Catcher Predict, in the event "LoL: T1 Academy vs KT Rolster Challengers - Asia Masters Playoffs" on the prediction market Polymarket, the "Match Winner" sub-market option "T1 Academy" has experienced a dramatic fluctuation in win rate, dropping from 69.5% an hour ago to the current 28.5% (a fluctuation of 41%). Please note the impact of related breaking news.

According to monitoring by Catcher Predict, in the predicted market event "Counter-Strike: FURIA vs 9z - IEM Cologne Playoffs" on Polymarket, the "FURIA" option in the sub-market "Match Winner" has experienced a drastic fluctuation in win rate, plummeting from 65.5% an hour ago to the current 34% (a fluctuation of 31.5%). Please note the impact of relevant breaking news.

According to monitoring by Catcher Predict, in the predicted market Polymarket for the event "LoL: KT Rolster Challengers vs Nongshim Esports Academy - Asian Masters Playoffs," the "Yes" option win rate for the sub-market "Both teams kill a dragon" has experienced a dramatic fluctuation, soaring from 50.5% an hour ago to the current 90% (a fluctuation of 39.5%). Please note the impact of related breaking news.

According to monitoring by Catcher Predict, in the predicted market Polymarket for the event "LoL: Dplus KIA Challengers vs T1 Academy - Asia Masters Playoffs," the "Yes" option in the sub-market "Both teams kill Baron Nashor" has experienced a dramatic fluctuation in win rate, soaring from 49.5% an hour ago to the current 73% (a fluctuation of 23.5%). Please note the impact of related breaking news.

The development company behind zkSync, Matter Labs, announced layoffs on Tuesday and is fully transitioning the entire organization to the institutional-grade on-chain privacy infrastructure platform Prividium. CEO Alex Gluchowski defined this move on X as a skills restructuring rather than a cost-cutting measure, stating that the products built for regulated financial institutions since 2024 have evolved into Prividium, aiming to provide on-chain infrastructure that combines transaction confidentiality with compliance auditing capabilities for regulated entities such as banks and asset management companies.Gluchowski mentioned that this transformation is based on specific product feedback from institutional clients, but did not disclose the number of layoffs. According to CoinGecko data, the market capitalization of the zkSync token is approximately $115 million, having risen 4.3% in the past 24 hours. This transformation reflects a broader trend in the Layer 2 market, as ZK and L2 projects like Hyli and Botanix have shut down, and general-purpose horizontal platforms are facing pressure to find defenses in vertical fields. As of the time of publication, Matter Labs has not made any statements regarding the future of the zkSync network and ZK tokens.

According to BBX data, the Federal Reserve's hawkish shift yesterday triggered a general decline in cryptocurrency concept stocks, but corporate buybacks and stock differentiation occurred simultaneously. The core dynamics are as follows:MARA Holdings, Inc. (NASDAQ: $MARA) has purchased 1,000 BTC from the cryptocurrency liquidity platform FalconX (privately held), with a transaction value of approximately $66.7 million (equivalent to an average price of about $66,700 per coin); this purchase occurred during the same time window as the release of the Federal Reserve's hawkish dot plot and Bitcoin's downward pressure on that day. This marks the company's first clearly recorded counter-cyclical buyback action since the large-scale sale of 20,880 BTC in Q1 (resulting in a Q1 net loss of $1.3 billion). As of the last disclosure (March 31), the company's BTC holdings were 35,303 coins; following this additional purchase, the total holdings are expected to rise to approximately 36,303 coins (pending confirmation from the company's official SEC filing). This transaction has not yet been disclosed in a formal press release or 8-K filing from the company, with data sourced from on-chain monitoring, awaiting official confirmation.Robinhood Markets, Inc. (NASDAQ: $HOOD) surged against the trend yesterday, reaching $110.73 during the day and closing at $105.20 (some real-time quotes showed an intraday increase of up to 12%), with a trading volume of 69.77 million shares, about 2.3 times the three-month average. The company announced that it would cut 10% of its full-time employees (resulting in approximately $28 million in restructuring costs, including about $20 million in severance and benefits costs and about $8 million in stock-based compensation costs). CEO Vlad Tenev emphasized that this move "stems from a position of strength rather than financial pressure"; concurrently, it was disclosed that the average daily trading volume in June reached historic highs across stocks, options, and prediction markets, with platform assets reaching $377 billion in May (up 48% year-on-year), and 27.7 million funded customers, with net inflows of $5.6 billion in May. Multiple institutions, including Deutsche Bank, Goldman Sachs, Needham, Cantor Fitzgerald, and Argus, raised their target prices to a range of $95 to $110 on the same day; Reuters also reported that the SEC is preparing to allow cryptocurrency companies to trade tokenized stocks and other products, which is also viewed as a positive by the market.