Gemini's Stock Surges After Hours Following 30% Cut to its Workforce

Solana developers are testing quantum-resistant cryptography with Project Eleven to prepare for potential quantum computing risks. The Solana Foundation aims to ensure network security for the future by deploying post-quantum digital signatures on a testnet.

Charles Hoskinson criticized President Trump's involvement in cryptocurrency, stating it risked undermining the industry's bipartisan efforts and creating a negative perception. Hoskinson believes speaking out led to losing access to policymakers but stands by his decision.

Intuit announced a partnership with stablecoin issuer Circle, allowing the use of USDC across its products. The collaboration aims to enhance money movement efficiency for consumers and businesses, particularly in tax refunds and payments.

Christine Lagarde announced the completion of technical work on the digital euro, urging political institutions to take action. The European Council and Parliament are reviewing the project, aiming to establish a public digital payment system.

The SEC has filed a lawsuit against Danh C Vo, founder of Bitcoin mining firm VBit, for offering unregistered securities through a third-party Bitcoin mining service. Vo allegedly misled investors and misappropriated $48.5 million of customer funds for personal use.

Taiwan's Ministry of Justice holds over 210 Bitcoin seized through criminal investigations, making it one of the top government holders globally. The Bitcoin, valued at $18 million, was confiscated in cases related to financial crime and illegal digital asset activity.

Trump Media & Technology Group's shares surged 35% after announcing a $6 billion merger with fusion power firm TAE Technologies. The deal, subject to closing conditions, is expected to be finalized in mid-2026, with both companies' shareholders owning approximately 50% of the combined entity.

Fetch.ai announced plans to introduce a payment system in 2026, enabling AI agents to autonomously execute purchases and deposits for users. The system aims to overcome barriers to wider adoption of agentic AI by allowing agents to transact with each other securely.

U.S. spot Bitcoin exchange-traded funds received significant inflows, with BlackRock's IBIT leading the way with $262.11 million. In contrast, Ethereum ETFs experienced outflows for the fifth consecutive day, reflecting a bearish outlook for ETH.

SoFi Technologies announced the upcoming launch of its stablecoin, SoFiUSD, issued by SoFi Bank on Ethereum. The company aims to expand to other blockchains to enhance global availability for partners and clients.