Morning Minute: Jack Dorsey Slashes 40% of Block's Jobs Due to AI

Block’s Square unit stands to gain most from Dorsey’s AI pivot, analysts say

dYdX CEO says institutions are now major force in crypto derivatives

JUST IN: Circle's $USDCx officially launches on #Cardano. IOG will "subsidize bridge fees for USDCx transfers to Cardano for 10 days. USDCx is 1:1 backed by USDC held in xReserve, with simple connectivity on supported chains and no 3rd party bridges. Straightforward and secure."

INSIGHT: Wikipedia co-founder Jimmy Wales said Bitcoin is unlikely to go to zero but predicted it could fall below $10,000 by 2050 in today’s dollars.

Italy set for EU green light on public finances, but fiscal risks ahead

JUST IN: #Cardano $ADA Founder Charles Hoskinson says "Midnight City will evolve as $NIGHT evolves, and become the front page of Midnight. The other really cool thing is that every time something gets built on Midnight, it ends up in Midnight City."

JUST IN: #Cardano $ADA Founder Charles Hoskinson says Midnight City was designed to "teach people about selective disclosure and all the various capabilities of $NIGHT. We wanted to have something that had a very graceful learning curve."

JUST IN: #Cardano $ADA Founder Charles Hoskinson says Midnight City will showcase "a lot of our sophisticated selective disclosure capabilities. It'll go beyond just Public, Auditor, God mode, and we'll have a more sophisticated way of doing that." $NIGHT

ALERT: South Korea’s tax agency accidentally leaked a crypto wallet seed phrase in a press release, leading to a $4.8M token theft.