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Crypto Analytics Firm Dune Axes 25% Of Employees Amid Strategic Overhaul

Crypto data analytics firm Dune is cutting 25% of its employees as part of a strategic restructuring, its CEO Fredrik Haga announced. The layoffs, affecting around 37-38 people from a team of roughly 150, aim to sharpen the company's focus on its core data products and a major push to build tools for institutional investors. Haga cited the growing shift of traditional assets like currencies and stocks onto blockchains as a key opportunity. The company is also doubling down on artificial intelligence, promoting a tool that allows AI systems to interact directly with its platform to create dashboards without SQL knowledge. Haga emphasized the move is strategic, not financial, and that Dune remains well-capitalized. The cuts occur amid a wider wave of layoffs across crypto and tech in 2026, with companies like Coinbase, Block, Gemini, and Crypto.com also reducing headcounts, often citing AI-driven efficiency gains. Over 5,000 jobs have been cut at major crypto firms this year alone.

bitcoinist05/15 18:03

Crypto Analytics Firm Dune Axes 25% Of Employees Amid Strategic Overhaul

bitcoinist05/15 18:03

Cardano Approves Critical Integrations Budget In Key Governance Vote

Cardano's governance body has approved the "Critical Integrations Budget Info Action" with strong support, a key step to fund and execute priority ecosystem integrations. The proposal received 6 out of 7 Constitutional Committee approvals and over 85% DRep support. This approval shifts focus to the Treasury Withdrawal Action, where the proposal moves from intent to on-chain execution. Two major integrations were confirmed under this framework: Pyth Network will provide real-time market data to support DeFi applications like lending and derivatives, while Dune will integrate Cardano data into a shared analytics platform for easier analysis and comparison. EMURGO emphasized that this governance milestone reflects strong ecosystem alignment and sets the stage for 2026 execution. The next critical test will be maintaining this support during the treasury withdrawal phase, transitioning consensus into actual spending.

bitcoinist12/31 14:04

Cardano Approves Critical Integrations Budget In Key Governance Vote

bitcoinist12/31 14:04

Ratification Advances Confirmed Integrations for Cardano, ADA Price to Show Reflections Later

The Cardano ecosystem has ratified the Critical Integrations Budget Info Action, receiving approval from 6 out of 7 Constitutional Committee members and 85% of DReps. This paves the way for the Cardano Foundation to proceed with key integrations, specifically with Pyth Network for real-time institutional market data and Dune for enhanced data analytics and accessibility. These developments are expected to support long-term ecosystem growth, though the ADA price has not yet reacted positively. Currently trading at $0.3514, ADA is down 0.54% in 24 hours. However, projections suggest a potential 35.22% increase in the next 30 days and a 45.91% rise by March 2026, despite current bearish sentiment and high volatility.

TheNewsCrypto12/31 12:49

Ratification Advances Confirmed Integrations for Cardano, ADA Price to Show Reflections Later

TheNewsCrypto12/31 12:49

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