Bitcoin is chopping at $67k. Jack Dorsey just fired 40% of Block to pivot to AI. The OCC is coming for stablecoin yields. The price is boring, but the plumbing is getting ripped out.
Today's key developments:
• Block (Square) slashed 40% of its staff to pivot to AI and flatten its structure.
• 12 wallets made over $1 million betting on a ZachXBT investigation before it went public.
• The OCC proposed rules that could limit stablecoin rewards and "float" models.
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