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Crypto News Aggregator (Page 23)

Citi CEO Wants ‘Good’ Crypto Clarity Act To Get Passed
Citigroup CEO Jane Fraser expressed support for the crypto Clarity Act, emphasizing the need for safe digital asset adoption and proper regulation.
Anthropic’s Model 2 Beats Mythos 5, But the Public Will Not Get It
Anthropic disclosed an internal AI model called Model 2 that outperforms Claude Mythos 5, but the company has no plans to release it publicly.
Upbit Profit Crashes 85% Months After Korean Giants Paid $1.5 Billion to Buy In
Dunamu, the operator of South Korea's largest crypto exchange Upbit, reported an 85% collapse in second-quarter operating profit amid drying trading fees.
Mizuho cuts BitGo price target to $11, but says Clarity Act delays could prove advantageous
Mizuho lowered BitGo's price target to $11 but maintained an Outperform rating, noting that U.S. regulatory delays could benefit the crypto custodian.
‘Honestly, I don’t care’: Tether CEO dismisses critics following first KPMG audit
Tether CEO Paolo Ardoino dismissed ongoing criticism regarding the company's first full financial audit by KPMG, emphasizing its strong reserves.
French tax breach exposes nearly 678,000 people as crypto wrench attacks pile up
A cyberattack on France's tax authority exposed data for nearly 678,000 people, raising risks amid a surge in violent crypto robberies.
Cboe seeks SEC nod for first US 3x bitcoin and ether ETFs
Cboe BZX Exchange has requested SEC approval to list the first U.S. 3x leveraged bitcoin and ether ETFs.
Dartmouth endowment’s crypto exposure drops by $2M amid falling prices
Dartmouth College's endowment crypto holdings fell by over $2 million to $12.4 million due to declining digital asset prices.
Another public company abandons Bitcoin playbook after treasury volatility drove $22 million loss
KULR Technology Group has stopped buying Bitcoin, sold portions of its holdings, and exited mining to refocus capital on its core battery business.
Kraken parent Payward revenue rises 17% as trading volume falls in Q2
Kraken's parent company, Payward, reported a 17% increase in second-quarter adjusted revenue to $508 million despite a decline in trading volume.
Peter Schiff Says The Asset Everyone Calls Safe Is Down 50%, What Does Bitcoin Do Now?
Peter Schiff highlights that the iShares 20+ Year Treasury Bond ETF has crashed over 50% from its 2020 peak, raising questions about safe-haven assets and Bitcoin's outlook amid surging yields.
Tokenization stocks slip as SEC delay puts 'speed bump' in crypto’s Wall Street push
Tokenization-related stocks and crypto assets declined after the SEC delayed its innovation exemption and canceled a key crypto rules meeting.
Strategy tells MSCI ‘Bitcoin doesn’t need you’ as $2.8 billion index risk hangs over MSTR
Strategy dismissed MSCI's new index screening proposal targeting non-operating companies, which threatens potential passive selling of $2.8 billion for MSTR shares.
Bitcoin Treasury Strategy Bites Back After MSCI Announces Possible Index Removal
Strategy has dismissed a potential MSCI index removal, arguing that digital assets are valid holdings and that the company does not need index inclusion.
Tom Lee Wants a 10% Crash Before S&P 500 Hits 8,000, Bitcoin Already Had One
Fundstrat's Tom Lee predicts the S&P 500 will reach 8,000 before a 10% correction, noting that Bitcoin has already experienced a similar leverage flush.
Israel’s largest bank taps Galaxy to offer bitcoin, ether and solana trading
Bank Leumi is partnering with Galaxy Digital to let customers trade bitcoin, ether, and solana starting in early 2027.
UK authorities continue probe into Nigel Farage’s crypto ‘gifts’ after by-election win
UK authorities resumed an investigation into Nigel Farage for failing to register millions in crypto donations and gifts following his recent by-election win.
Latest Gemini earnings expose crypto’s new exchange reality – more total revenue, less crypto trading
Gemini reported higher total revenue driven by credit card growth, even as its core crypto trading volume and exchange revenue dropped significantly.
China Injected $52 Billion and Bitcoin Fell, Three More Days Are Scheduled
China's central bank injected $51.7 billion into the banking system, yet Bitcoin fell 1.7% amid ongoing liquidity measures.
XRP Price Falls Below $1 Again Despite Record Network Adoption
XRP's price has fallen below the key $1 psychological support level, even as the XRP Ledger experiences record network adoption and institutional growth.
Binance to block transactions with HTX, 10 other exchanges under EU Russia sanctions
Binance is blocking transactions with HTX and 10 other exchanges to comply with EU Russia-related sanctions.
Israel’s largest bank taps Galaxy to offer Bitcoin, Ether, Solana trading
Israel's Bank Leumi has partnered with Galaxy Digital to offer cryptocurrency trading for Bitcoin, Ether, and Solana by early 2027.
Crypto Biz: Bitcoin’s $116M self-custody wake-up call
A massive hardware wallet exploit has sparked debates over self-custody, coinciding with surging ETF inflows and major corporate moves in the crypto space.
Ethena treasury company StablecoinX shares jump 12% after revealing 20% stake in ENA supply
StablecoinX shares rose 12% after reporting its first quarterly results and revealing it holds roughly 20% of the total ENA supply.
SEC cancels crypto fundraising meeting, leaving token issuers with no new path to fund development
The US SEC canceled an open meeting regarding a potential crypto fundraising regime, leaving token issuers to rely on existing frameworks.
Israeli Bank Leumi to Debut Bitcoin Trading With Galaxy Digital
Israel's Bank Leumi is partnering with Galaxy Digital to become the country's first lender to offer Bitcoin trading.
Bitcoin price drops to $62.5K as trader warns weekly close may spark more losses
Bitcoin dropped below $63,000 as analysts warned that a weak weekly close could trigger further losses, despite rising US equities.
Binance Blacklists HTX and 10 Other Crypto Platforms: Are Your Funds at Risk?
Binance is halting transfers involving HTX and 10 other platforms starting August 23 to comply with EU sanctions.
Morgan Stanley’s BlackRock Bitcoin ETF holdings rise 23% in Q2
Morgan Stanley increased its BlackRock Bitcoin ETF holdings by 23% in the second quarter, expanding its overall crypto exposure.
JPMorgan boosts Bitcoin, Ether ETF positions in Q2 filing
JPMorgan increased its holdings in Bitcoin and Ether exchange-traded funds during the second quarter, according to a recent regulatory filing.
Strategy says MSCI should measure markets, not dictate corporate assets
Strategy criticized MSCI's proposed index rules, arguing that index providers should measure markets rather than dictate corporate asset ownership.
What the CLARITY Act Actually Does for Bitcoin
The CLARITY Act offers important protections for self-custody and banking access, but it is primarily designed for altcoins rather than Bitcoin.
Bitrue Launches AI Copilot That Explains the ‘Why’ for XRP and Crypto Trades
Bitrue has launched Bitrue AI, a new trading copilot that provides real-time market rationale alongside trade signals for XRP and crypto traders.
BTCC Exchange Announces Platinum Sponsorship of TOKEN2049 Singapore and Launches “0-Barrier Trading” Flagship Theme
BTCC Exchange has announced its platinum sponsorship for TOKEN2049 Singapore, introducing its new flagship theme of "0-Barrier Trading" as part of its 15th-anniversary celebrations.
Israel’s largest bank to offer crypto trading with Galaxy
Bank Leumi will become Israel's first bank to offer digital asset trading for bitcoin, ether, and solana through a partnership with Galaxy.
Bitcoin ETF calls surge 24-fold as puts fall 52.75%, reaching 1.95M IBIT underlying shares
UBS reported a 24-fold surge in BlackRock Bitcoin ETF call options, reaching 1.95 million underlying shares as puts dropped.
Solana’s fee overhaul increases burn and makes resource hogs pay
Solana's proposed SIMD-0553 fee overhaul aims to charge resource-heavy users more while lowering costs for simple transactions and increasing the token burn rate.
SanDisk Told Investors Margins Will Fall, SNDK Stock Rose 14% Anyway
Despite guiding margins down to 80% through fiscal 2030, SanDisk's stock surged 14% as investors treated the target as a solid performance floor.
Hyperscale Data sells 685 bitcoin for $43 million to fund Michigan data center
Hyperscale Data sold approximately 685 bitcoin for $43 million to fund its Michigan data center development and improve liquidity.
Kraken is Growing Faster Than Coinbase, Yet Its Profits Crashed 71%
Despite a 17% revenue increase and outpacing competitor Coinbase, Kraken's parent company Payward saw its quarterly profits plunge 71% due to heavy acquisitions.
40 Days After MiCA: What Europe’s Crypto Market Looks Like
Forty days after Europe's MiCA crypto transition ended, the licensed market is dominated by custody and banking firms, with rare trading venues and concentrated enforcement.
Tokenized transactions surge to $5.3 billion but generate just $14M as costs soar by 56%
Securitize reported a surge in second-quarter transaction volume to $5.3 billion, but revenue fell and costs jumped, resulting in a net loss.
Norway sovereign wealth fund sees indirect bitcoin exposure hit all-time high, with Strategy accounting for 86%: K33
According to K33, Norway's sovereign wealth fund has reached an all-time high of indirect bitcoin exposure, totaling 11,549 BTC.
First Hong Kong Stablecoin Is Live But Retail Cannot Touch It Yet
Hong Kong's first regulated HKD stablecoin has launched, but it is currently restricted to institutional investors and professional clients.
Kraken parent Payward posts $508 million in Q2 adjusted revenue as growth broadens beyond crypto trading
Payward reported $508 million in Q2 adjusted revenue, driven by expansion into equities, derivatives, and stablecoin payments despite lower spot crypto volumes.
Big Short Investor Steve Eisman Sees One Weak Spot That Breaks the Entire AI Trade
Famous investor Steve Eisman warns that the heavy reliance of tech giants on OpenAI and Anthropic poses a major vulnerability for the AI market.
Gemini posts $108M Q2 net loss despite 37% revenue growth
Cryptocurrency exchange Gemini reported a $107.7 million net loss in the second quarter despite a 37% increase in revenue.
Ethereum’s post-quantum roadmap puts banks on a 2027 deadline nobody is talking about
Ethereum's post-quantum migration creates operational and compliance hurdles for institutional banks, requiring preparations to begin by 2027.
Volatility exits crypto, TradFi markets even as U.S.-Iran risks linger, sovereign debt rises
Implied volatility indexes across crypto, stocks, and bonds have plummeted to multi-month lows despite ongoing geopolitical tensions and rising sovereign debt.
Shinhan Asset Management partners with Plume on tokenized fund pilot
Shinhan Asset Management has partnered with Plume to pilot a Korean won-denominated tokenized fund.
Trump family's World Liberty Financial delay plans to sell Maldives resort token
World Liberty Financial has delayed plans to sell a Maldives resort token due to regional travel disruptions from the Iran war.
Bitcoin slips as U.S. inflation fails to spark gains, ETFs see August's first two-day drawdown
Bitcoin dropped below $63,000 and spot ETFs experienced their first back-to-back outflows since July as broader crypto markets lagged positive U.S. economic data.
Strategy, Metaplanet could face MSCI index removal under new proposal
Index provider MSCI has proposed a new methodology that could potentially remove Strategy and Metaplanet from its Global Investable Market Indexes.
Bitcoin Eyes New August Lows as Binance Longs Face a ‘Cleanout’
Bitcoin long positions are facing liquidations and a major “cleanout” as prices head toward new August lows.
OpenAI Reportedly Hits $40 Billion Run Rate While Its Revenue Chief Walks Out
OpenAI's annualized revenue run rate has surpassed $40 billion, even as the company faces a wave of high-profile executive departures ahead of a potential IPO.
RedotPay said to put $1 billion U.S. IPO plan on hold: Bloomberg
Stablecoin payments firm RedotPay has reportedly delayed its planned $1 billion U.S. IPO until at least 2027 amid legal challenges.
Tether finally got the audit critics demanded, just as Washington changed the test
Tether secured its first Big Four audit from KPMG showing reserves exceeding liabilities, just as U.S. regulatory standards for stablecoins evolve.
RedotPay US IPO delayed amid regulatory, legal hurdles: Report
Stablecoin payment firm RedotPay has reportedly delayed its US IPO plans while navigating regulatory approvals and a major legal dispute with Binance.
Bit Digital Stock Rises Despite $107.2 Million Q2 Loss
Bit Digital's stock climbed despite reporting a $107.2 million net loss in the second quarter, driven by strong cloud revenue and growing AI infrastructure investments.
Bitcoin’s stall around $63,000 exposes how weak its buyers have become amid record high S&P 500
Bitcoin is struggling near $63,000 despite a record-high S&P 500, highlighting weak buyer demand and thin liquidity.
Polymarket Faces Baltimore Lawsuit and Lost JPMorgan Banking Relationship
Baltimore has sued prediction market operators Kalshi and Polymarket over unlicensed sports betting, while Polymarket also lost its JPMorgan banking relationship.
JPMorgan cut Polymarket banking ties over regulatory concerns: Report
JPMorgan Chase reportedly ended its banking relationship with prediction market Polymarket in October 2025 due to regulatory concerns.
Live updates: Bitcoin slips below $63,000 as oil, yields climb
Bitcoin fell below $63,000 as surging oil prices and rising U.S. Treasury yields negatively impacted risk assets.
Ethereum Makes Major Cryptography Pivot to Prepare for Quantum Era
The Ethereum Foundation is moving away from the Poseidon hash function to traditional options like SHA or BLAKE for quantum resistance.
Crypto payments barely register among euro area merchants, ECB finds
A new European Central Bank survey reveals that only 0.2% of online euro area businesses accept cryptocurrency payments.
Upbit Delisting Notice Sends 3 Altcoins Lower Before September Cutoff
Upbit announced it will delist Storj, JasmyCoin, and ThunderCore on September 14, causing all three altcoins to drop in value.
SEC cancels key crypto regulatory meeting
The SEC has cancelled an open meeting intended to consider new cryptocurrency regulations due to an unforeseen scheduling issue.
Coinbase CEO Warns Rogue AI Could Hit the Internet Within 2 Years
Coinbase CEO Brian Armstrong predicts a rogue AI model will likely emerge on the internet within one to two years.
With violent crypto home invasions surging, a data breach exposing over 10,000 Trezor owners puts physical safety on the line
A data breach at Trezor's fulfillment provider ShipMonk exposed the personal details and home addresses of over 10,000 customers, raising physical security risks.
Tom Lee Is Bullish on Stocks, But Braced for a Margin Debt Drop
Fundstrat's Tom Lee forecasts the S&P 500 will reach 8,000 while simultaneously warning of an impending market pullback due to several risks.