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Gemini posts $107.7M Q2 loss as spot volume drops 66%

Gemini posted a $107.7 million Q2 loss as trading volume fell 66%, while services, credit cards and prediction markets supported

FG Nexus exits ETH treasury after $45.2M loss

FG Nexus sold all digital assets by June 30 after its ETH strategy lost $45.2M, and now plans to redirect

CFTC sets Aug. 20 crypto talks as CLARITY vote waits

CFTC advisers will discuss crypto rules on Aug. 20 as CLARITY waits for a Sept. 15 Senate vote and the

BitMine lands $81.9M stake from Norway wealth fund

Norway’s sovereign wealth fund disclosed 6.15 million BitMine shares worth $81.87M, giving it indirect exposure to Ethereum.

Strategy, Metaplanet face MSCI index removal proposal

MSCI’s proposed non-operating company screen could remove Strategy and Metaplanet from global indexes in November if adopted.

Monaco moves to overhaul crypto rules with MiCA aligned framework

Monaco’s government has submitted a bill to replace its 2022 crypto regulatory regime with a new licensing framework that would

Binance bStocks tops $610M, overtakes xStocks within two months

Binance bStocks has overtaken xStocks to become the second-largest tokenized stock issuer by value, less than two months after the

OranjeBTC plans ETF with 95% Strategy STRC allocation

OranjeBTC plans DIGY11, a Brazil ETF expected in September with STRC and SATA exposure, monthly payouts in reais and currency

Metaplanet launches BitBonds with ¥200M private sale

Metaplanet launches BitBonds with a ¥200 million private sale paying 4%–4.3% interest as it expands its yen funding strategy.

South Korea jails Delio CEO for 15 years over $49M crypto fraud

South Korea has sentenced Delio CEO Jeong Sang-ho to 15 years in prison after a Seoul court found him guilty

Goldman Sachs to add Bitcoin, Ethereum ETFs in $2.25B Neos deal

Goldman Sachs has agreed to acquire Neos Investments for up to $2.25 billion, a deal that will add three Bitcoin

Bitcoin price steadies near $64K as HYPE leads crypto gainers

Bitcoin traded near $63,800 as July CPI matched forecasts, HYPE led large-cap gains and spot Bitcoin ETFs posted $61.1M in

Erebor at $9.5 billion: the bank that replaced Silvergate in six months

Palmer Luckey and Joe Lonsdale’s nationally chartered bank has $4.6 billion in deposits, $100 million in annualized revenue, and a

Bitwise CIO sees crypto valuations doubling on token revenue

Bitwise CIO Matt Hougan says revenue-linked token buybacks could lift crypto valuations, as DeFi protocols expand fee-funded burns.

Regulation Crypto arrives Friday: what the SEC’s 400 page proposal actually says

The SEC votes August 14 on its first formal crypto rulemaking. The proposal creates three exemption pathways, a decentralization off

Binance rejects claim it will withdraw Singapore case against RedotPay

Binance and RedotPay have given conflicting accounts of whether Singapore proceedings linked to their nearly $473 million legal dispute are

Fidelity plans Ethereum staking for $898M FETH fund

Fidelity has moved to add Ethereum staking and quarterly cash distributions to its $898 million Fidelity Ethereum Fund, with the

Bitcoin developers could fall behind attackers without top AI models, BPI says

A group of crypto companies and industry organizations has called on frontier AI labs to give Bitcoin and other open-source

If the CLARITY Act dies: the three Democrats who could bury crypto legislation for a generation

Kalshi puts the Democratic House majority at 84%. Maxine Waters, Shontel Brown, and Elizabeth Warren would control the committees that

Bank of England taps Polygon consortium for digital pound trade finance tests

NOBO Finance, Dun & Bradstreet and Polygon Labs have joined Phase 2 of the Bank of England’s Digital Pound Lab