Morning Minute: Jack Dorsey Slashes 40% of Block's Jobs Due to AI

By Tyler Warner · Published February 27, 2026 · 1 min read · Source: Decrypt

Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt. Subscribe to the Morning Minute on Substack.

GM!

Today’s top news:

Crypto majors fall as Iran concerns escalate; BTC at $66k
Jack’s Block announces 40% layoffs, XYZ stock jumps 20% on news
Ethereum leans further into post-quantum as Vitalik pushes roadmap
ZachXBT exposes an Axiom employee for trading on inside information
Magic Eden to sunset its BTC and EVM marketplace along with its wallet

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