Tether reported $1.5bn in net operating profit for the second quarter as the issuer of the world's largest stablecoin widened its lead over rivals by increasing the supply of USDT, despite a broader slowdown in the stablecoin market. Tether Widens Lead Ov... See more
Coinbase posted second-quarter results that missed analysts' estimates as weaker cryptocurrency trading and falling asset prices weighed on results, with the exchange looking to AI-related services and elsewhere for growth as its core business remains und... See more
US economic data released on 30 Jul pointed to slowing growth and easing inflation, though analysts said the figures largely confirmed rather than changed expectations for the Federal Reserve. US Data Keeps Rate-Hike Bets Intact as Bitcoin Shrugs Off Macr... See more
Robinhood Markets beat Wall Street expectations in the second quarter despite weaker cryptocurrency trading, as the brokerage benefited from the rapid growth of prediction markets, a sector that keeps gaining speed even as the markets segment of crypto ha... See more
Financial firm BNY on 29 Jul launched a service that lets investment funds keep ownership records on public blockchains, a move experts say marks Wall Street's shift from creating tokenized assets to building the systems needed to use them. BNY Launches B... See more
