Jack Dorsey, former Twitter founder, responded on the X platform to community concerns about Block's layoffs being attributed to over-hiring and mismanagement during the COVID-19 pandemic. According to Odaily, Dorsey acknowledged that the company mistakenly established two separate structures, Square and Cash App, leading to excessive hiring. This issue was corrected by mid-2024. However, he noted that this did not address the complexities in lending, banking, and BNPL services. The current goal is to achieve over $2 million in gross profit per employee, quadrupling pre-pandemic efficiency, which was around $500,000 from 2019 to 2024. Dorsey emphasized that the company operates more efficiently than most.

Malaysia is set to determine if a Royal Commission of Inquiry will be formed to probe allegations of misconduct within the nation's anti-corruption agency. Bloomberg posted on X, highlighting the government's deliberation on this significant matter. The decision comes amid growing concerns over the integrity and operations of the agency tasked with combating corruption. Authorities are weighing the potential impact of such an inquiry on public trust and the agency's future effectiveness. The move reflects Malaysia's ongoing efforts to address corruption and ensure transparency in its institutions. Further details on the timeline and scope of the inquiry are yet to be disclosed.

Rightmove's CEO expressed confidence in the company's ability to adapt and thrive amid the rise of artificial intelligence in the property sector. Bloomberg posted on X, highlighting the CEO's belief that Rightmove and similar property portals will continue to be relevant despite technological advancements. The CEO emphasized that while AI is transforming various industries, the human element remains crucial in real estate transactions. He noted that AI can enhance the user experience by providing more personalized property recommendations and streamlining processes, but it cannot replace the expertise and personal touch of real estate professionals. Rightmove, a leading property portal, is focusing on integrating AI technologies to improve its platform and offer better services to users. The company aims to leverage AI to analyze data more effectively and provide insights that can assist both buyers and sellers in making informed decisions. The CEO's comments come at a time when many industries are grappling with the implications of AI and automation. However, he remains optimistic about the future, stating that the combination of technology and human expertise will lead to a more efficient and effective property market.

In response to the community's claim that "Block's layoffs were primarily due to over-hiring and mismanagement during the COVID-19 pandemic," former Twitter founder Jack Dorsey posted on the X platform, stating, "Yes, we over-hired during the pandemic because we mistakenly created two separate company structures (Square and Cash App), but this issue was corrected by mid-2024. However, this doesn't cover the full complexity of our lending, banking, and BNPL operations. Our current goal is over $2 million in gross profit per person, reaching four times the efficiency we had before the pandemic, which has remained around $500,000 from 2019 to 2024. In fact, we run a more efficient company than most."

Market data shows that ROBO has continued to rise and broken through 0.03 USDT, currently trading at 0.0377 USDT, a short-term increase of over 80%.

Fact-check: ROBOUSDT perpetual contract, Binance announcement, KuCoin futures — data shows Binance perp unconfirmed while KuCoin lists USDT‑margined futures. source: https://coincu.com/news/robo-draws-scrutiny-as-binance-perp-rumor-vs-kucoin-futures/

The ZachXBT prediction pairs on Polymarket have included wallets with signs of potential insider trading. source: https://www.cryptopolitan.com/up-eight-wallets-zachxbt-market-insiders/

Saudi Arabia's Public Investment Fund (PIF) has tasked a senior executive with the dual responsibility of driving local development and overseeing its investment strategy. Bloomberg posted on X that the executive's expanded role is part of the fund's efforts to align its strategic investments with national development goals. The PIF, a key player in Saudi Arabia's economic diversification plans, aims to bolster its portfolio while contributing to the country's Vision 2030 initiative. This move underscores the fund's commitment to integrating investment strategies with broader economic objectives.

MetaMask has rolled out its Mastercard-backed crypto payment card across nearly the entire United States, including New York for the first time. Parent company Consensys announced the nationwide expansion on Thursday, confirming that the MetaMask Card is now available in 49 states, with Vermont as the only exception. Visit Website source: https://thecryptobasic.com/2026/02/27/metamask-launches-mastercard-backed-crypto-card-across-49-u-s-states/

Japan's Prime Minister Takaichi Sanae has called on the United States to fulfill its commitments regarding tariffs. According to Jin10, Takaichi emphasized the importance of the U.S. adhering to its agreements in this area. The statement highlights ongoing discussions and concerns about trade relations between the two nations. The Prime Minister's remarks come amid broader geopolitical tensions and economic negotiations, underscoring the significance of international trade agreements in maintaining stable economic relations.

Leading cryptocurrency exchange OKX has deepened its partnership with Chainalysis by integrating Alterya, an AI-powered fraud detection platform designed to stop scam-linked withdrawals before funds ever leave the exchange.

Putting price trends aside, some very noteworthy changes are currently taking place in the crypto market.

Anthropic will not let the US Defence Department use its Claude AI without limits, citing risks from mass surveillance and autonomous weapons. The Pentagon warned it could label the company a supply chain risk or force it to comply under emergency powers.

Why have both Terraform and India sued Jane Street? Did Jane Street orchestrate the 10 AM crash? What is Jane Street's profit-making logic? Did Jane Street trigger the bear market?

MetaMask has officially extended the reach of its blockchain-based debit card to American users. The card is now available to every state with Vermont remaining the only exception.

Jack Dorsey, Square, Artificial Intelligence, AI Agent, When Block laid off half the company, there were no bad guys in the AI ​​unemployment wave. Golden Finance, The first chapter of the 2028 global AI crisis has emerged.

Cryptocurrencies still hold a place in retail investor portfolios, but they are now just one of many investment tools, not the primary speculative instrument. The stock market offers increasing volatility, is more competitive, and its analytical advantages are becoming increasingly apparent.

Beast Industries has suspended an employee and started an internal investigation after Kalshi fined and banned Artem Kaptur, a video editor for MrBeast, for using inside information to place trades. Kalshi said the trades were linked to upcoming videos and showed near-perfect results, and the case has been referred to the Commodity Futures Trading Commission.

The Trump family’s high-profile Bitcoin wager is entering a far more unforgiving phase.

If software stocks are falling due to concerns about artificial intelligence, why is Bitcoin also falling? Are investors genuinely worried that AI will impact Bitcoin's growth?