Search results for Dune
Crypto
Kraken cuts 150 jobs citing AI efficiency, IPO likely pushed to 2027
Cryptocurrency exchange Kraken has cut about 150 jobs to reduce costs tied to the adoption of artificial intelligence, reports said. The layoffs have raised the possibility that Kraken\'s U.S. initial public offering could slip from this year to 2027. The move comes amid broader job cuts across the crypto industry, where firms cite AI-driven efficiency gains. Kraken has not immediately issued an official position.
Crypto
Crypto data firm Dune cuts 25 percent of staff citing AI efficiency
Crypto data company Dune cut 25 percent of its workforce as it restructures to focus on its core data products, The Block reported on May 14. Co-founder and CEO Fredrik Haga said the layoffs are aimed at sharpening focus on a key data product used by thousands of crypto industry customers. He cited AI investment, saying Dune MCP enables teams and agents to build dashboards and workflows without SQL or data infrastructure knowledge.
Crypto
Kraken launches xChange tokenised stock trading platform with xStocks
Crypto exchange Kraken has launched xChange, a tokenised stock trading platform built in partnership with xStocks, The Block reported on March 5. The platform operates on Ethereum and Solana and allows trading in more than 70 tokenised stocks and ETFs, including Apple, Nvidia, Tesla and the S&P 500. xStocks has logged more than $25 billion in volume across Ethereum, Solana and TON.
