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Gemini exchange strategic exit from UK, EU, and Australia markets with 25% workforce reduction.
Blockchain News

Gemini Exchange Shocks Crypto World with UK, EU, and Australia Exit as Workforce Plummets 25%

February 6, 2026 j n

New York, May 15, 2025: In a stunning strategic reversal, Gemini Trust Company, LLC, the cryptocurrency exchange founded by the Winklevoss twins, announced its immediate exit from the United Kingdom, European Union, and Australia markets on Thursday. The company simultaneously confirmed a massive 25% reduction in its global workforce, affecting nearly 200 employees. This dual […]

Amazon's strategic $50 billion investment in OpenAI represents major AI industry consolidation
Ethereum News

Strategic Power Move: Amazon’s $50 Billion OpenAI Investment Reshapes AI Industry

January 30, 2026 j n

Seattle, Washington – February 2026: In a strategic power move that could redefine the artificial intelligence landscape, Amazon is reportedly in advanced discussions to invest up to $50 billion in OpenAI, according to multiple sources familiar with the negotiations. This massive investment would represent one of the largest single corporate investments in AI history and […]

Polygon's strategic shift toward onchain payments and stablecoins following workforce restructuring
AI News

Polygon’s Bold Workforce Reduction: A Strategic Pivot to Dominate Onchain Payments

January 16, 2026 CryptoExpert

In a decisive move that has sent ripples through the cryptocurrency sector, Polygon Labs announced a significant workforce reduction affecting approximately 30% of its employees this week. This strategic restructuring aims to sharpen the company’s focus exclusively on building infrastructure for onchain payments and stablecoin transactions. The announcement follows Polygon’s recent $250 million investment in […]