The Daily: Messari CEO steps down amid layoffs in ‘AI-first’ pivot, Mastercard to acquire BVNK for up to $1.8 billion, and more
The Block
The Daily covers Messari's CEO resignation and layoffs during an AI shift, Mastercard's acquisition of BVNK, PayPal's PYUSD expansion, and other crypto news.Summary
This edition of The Daily reports on significant developments in the crypto space. Messari's CEO, Eric Turner, has stepped down and the company is undergoing layoffs as it pivots to an “AI-first” strategy. Mastercard has agreed to acquire BVNK, a stablecoin infrastructure firm, for up to $1.8 billion, aiming to integrate onchain payments with its fiat network. PayPal has expanded access to its PYUSD stablecoin to 70 markets, facilitating faster and cheaper cross-border transactions. Other news includes Cango's substantial net loss as a new bitcoin miner, OpenSea's indefinite delay of its SEA token launch, and upcoming economic data releases and events like the DC Blockchain Summit.
(Source：The Block)