Gemini, the crypto exchange founded by the Winklevoss twins, is retreating from three major markets and slashing 25% of its staff as it recalibrates its global operations. In a Thursday disclosure, the firm cited artificial intelligence-driven automation that makes engineers significantly more efficient and a tougher operating environment in the United Kingdom, European Union, and Australia as primary drivers for the pivot. The decision underscores a broader push by crypto players to optimize cost structures amid a difficult macro cycle and regulatory headwinds. Gemini said it will concentrate resources on the US, where it believes capital markets are the strongest, and on developing its prediction market platform, Gemini Predictions, launched in December 2025. Key takeaways Exit from the United Kingdom, European Union, and Australia accompanied by a 25% staff reduction, driven by AI-enabled efficiency gains and higher operating costs in those regions. Strategic shift toward the US...
CoinCatch has moved into a post-suspension phase, outlining a tightly defined window for users to withdraw remaining assets before the company proceeds with liquidation. Following the halt of trading and core operations in late January 2026, the platform is maintaining a limited technical framework designed solely to facilitate withdrawals. The arrangement, which runs until 30 March 2026 (UTC), is positioned as a final remedial measure for users who have not yet recovered funds, after which any remaining balances will be handled as part of a formal liquidation process. Key takeaways CoinCatch suspended all trading and operational activity as of 30 January 2026. A restricted withdrawal-only system will remain active until 30 March 2026 (UTC). No account changes, transfers, or identity resets are supported during this period. Assets not withdrawn by the deadline will be addressed through liquidation under applicable law. The company plans to appoint a third-party liquidato...