The post Dune Cuts 25% of Staff and Bets on AI to Power Crypto Data’s Next Chapter – Bitcoin News appeared on BitcoinEthereumNews.com.
Key Takeaways Dune CEO Fredrik Haga cut 25% of staff this week, citing a strategic refocus on AI and institutional onchain data products. Block slashed 40% of its workforce in February 2026, and Crypto.com cut 12% in March, both citing AI-driven efficiency gains. Dune plans to accelerate growth via Dune MCP, targeting financial institutions as currencies and assets move onchain. Dune Cuts 25% of Staff, Bets Future on AI and Institutional Onchain Data Haga announced the cuts this week, framing the decision as a restructuring rather than a retreat. “We’re restructuring Dune to sharpen our focus around the core data products thousands of customers across the crypto industry rely on,” he said. “That unfortunately means we’ve let 25% of the team go this week.” Dune, founded in 2018, built its reputation by making onchain data accessible to analysts, develope
Bitcoin's resilience amid inflation-driven market turmoil highlights its potential as a hedge, attracting institutional interest and ETF flows.
The post Bitcoin holds above $80,000 as stocks sink and Treasury yields climb on hot inflation data appeared first on Crypto Briefing.
The post Bitcoin Sees Unexpected Growth Amid High-Level US-China Talks appeared on BitcoinEthereumNews.com.
The recent summit between US President Donald Trump and Chinese President Xi Jinping, held in Beijing on May 14–15, was a critical event as both nations attempted to navigate through mounting economic frictions. A side effect of the diplomatic discussions was an unexpected rise in Bitcoin‘s value, which increased by 2.3 percent, reaching $96,800. Continue Reading:Bitcoin Sees Unexpected Growth Amid High-Level US-China Talks Source: https://en.bitcoinhaber.net/bitcoin-sees-unexpected-growth-amid-high-level-us-china-talks
Officials have announced “first of its kind” AI intended to boost operations, including real-time security cameras and city-run 5G broadband. The software will also let residents see financial documents.
The post South Korea's biggest exchange fights deepfake fraud wave appeared on BitcoinEthereumNews.com.
Bithumb, South Korea’s largest cryptocurrency exchange by trading volume, put out an anti-phishing guide on May 14. The warning centers on AI-powered voice and video scams targeting people who hold digital assets. The campaign goes by “Voice Phishing Complete Guide.” It’s part of the exchange’s Information Protection Day push. Focus is on deepfake and deepvoice fraud, where criminals use artificial intelligence to copy the voices and faces of family members, exchange staff, or government officials during live calls, according to DigitalToday. AI-assisted fraud aimed at crypto investors has gotten more sophisticated over the past year. In one case cited by both DigitalToday and The Crypto Times, someone in Hong Kong got tricked by an AI-generated video conference and lost about 40 billion won. That’s equivalent to around $29 million. Fraudsters impersonate support staff and relatives
The post Onramp Raises $12.5M Series A To Scale Multi-Institution Bitcoin Custody Platform appeared on BitcoinEthereumNews.com.
Onramp has raised $12.5 million in a Series A round led by Early Riders, valuing the bitcoin financial services firm at $135 million as it pushes to scale a custody model designed to meet institutional standards. The Austin-based company told Bitcoin Magazine it now holds more than $1 billion in assets under custody and has recorded zero security incidents since its founding in 2023. The new capital will support expansion of Onramp Finance, its recently launched platform that combines bitcoin custody, brokerage, and cash management, while funding new partnerships across banks, registered investment advisors, and fintech firms. At the center of the strategy is Onramp’s Multi-Institution Custody (MIC) model, which distributes key control across several regulated custodians rather than relying on a single entity or placing full responsibility on clients. The syst
The post Beyond the halving: Why BTC Ecosystem’s cloud mining is the new alpha for passive crypto yields appeared on BitcoinEthereumNews.com.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. BTC Ecosystem targets retail demand for accessible Bitcoin mining amid changing crypto yield markets. Summary BTC mining is shifting toward institutional spot ETFs, higher hash rates, and reduced retail yield opportunities. The BTC Ecosystem offers cloud-based mining, letting users rent hash power instead of buying hardware. It highlights renewable-powered data centers and ASIC efficiency to provide faster, more accessible Bitcoin mining access. The narrative surrounding Bitcoin has undergone a fundamental shift. Spot ETFs have integrated institutional investors; however, post-halving market dynamics and the surge in network hash rate have come at a cost to retail investors. As global regulators tighten
The post New Era for Crypto Regulation Inches Closer appeared on BitcoinEthereumNews.com.
The path for digital asset regulation in the United States gained significant traction as the Digital Asset Market Clarity Act progressed in the Senate. Previously held up for more than four months, the legislation achieved a pivotal advance with the Senate Banking Committee’s endorsement. Continue Reading:New Era for Crypto Regulation Inches Closer Source: https://en.bitcoinhaber.net/new-era-for-crypto-regulation-inches-closer
The post Dune cuts 25% of staff to sharpen focus on AI and institutional data products appeared on BitcoinEthereumNews.com.
Dune cut 25% of its staff this week as the crypto data platform restructures around AI powered analytics and institutional demand for onchain data. We’re restructuring Dune to sharpen our focus around the core data products thousands of customers across the crypto industry rely on. That unfortunately means we’ve let 25% of the team go this week. These are exceptional people I can wholeheartedly recommend — ping me if you’re… — hagaetc (@hagaetc) May 14, 2026 CEO and co-founder Fredrik Haga said the layoffs are part of a move to sharpen Dune’s focus on the core data products used across the crypto industry. He said the company remains well capitalized and will focus on two major shifts: AI and institutions moving onchain. The restructuring comes as Dune expands its AI product stack. The company recently introduced Dune MCP, a Model Context Protocol server that give