ICYMI over the weekend — here’s a quick crypto news wrap 👇
⛏️ Bitcoin mining difficulty fell 11%, marking its largest negative adjustment since China’s 2021 ban.
🚨Two teens faced felony charges after allegedly driving 600 miles in an attempted $66 million crypto robbery, according to reports.
🧠 CoinShares said only ~10,200 BTC were at real risk from quantum computing, pushing back on what it called “overblown” estimates.
✂️ Layoffs: Jack Dorsey’s Block was reported to be cutting up to 10% of its workforce as part of a fresh efficiency push, according to Bloomberg.
🤖 Crypto[dot]com CEO Kris Marszalek reportedly bought the AI[dot]com domain for $70 million in crypto, with plans for a Super Bowl debut.
💸 Funds watch: Crypto liquid funds adjusted strategies in response to bitcoin’s crash, highlighting divergent approaches amid heightened volatility.