1h ago
MARA trims roughly 15% of staff as it pivots toward energy and digital infrastructure
Bitcoin miner MARA has reduced its headcount by about 15%, describing the move as a strategic step tied to a broader shift away from pure-play mining. Affected employees are set to receive one month of paid leave plus benefits through April 30, 13 weeks of severance, and payout for unused PTO. The restructuring comes as MARA expands into energy, data center, and AI-related infrastructure initiatives.
BTC
BTC-0.29%
1h ago
1h ago
Corporate Bitcoin Treasuries Diverge as BTC Trades Below $70,000
Corporate Bitcoin holders are taking different paths as market pressure persists: Strategy kept its large BTC position unchanged, while Nakamoto Holdings sold Bitcoin at a loss and reduced exposure. Nakamoto sold about $20 million in March, including roughly 284 BTC near $70,400, cutting holdings to just over 5,000 BTC as it redirected proceeds to working capital and merger-related investments.
TRX
TRX-0.16%
1h ago
2h ago
Drift Protocol Confirms April 1, 2026 Exploit as $286M Is Drained in 12 Minutes
Drift Protocol said a Solana-based perp DEX was exploited on April 1, 2026, with about $286 million removed in roughly 12 minutes after attackers prepared fake collateral and used pre-signed admin transactions. The incident coincided with TVL falling from about $550 million to under $250 million, while DRIFT slid as much as 37%–42% to around $0.04–$0.05. As of April 3, the protocol had sent an onchain outreach message and had not announced a full reimbursement plan.
SOL
SOL+1.19%
2h ago