Bitcoin and crypto dropped as contagion from a major Asia stock-market correction spreads to the US at the Wall Street open. Bitcoin (BTC) hit ten-day lows at Tuesday’s Wall Street open as BTC price action followed a US stocks sell-off. Key points: Semiconductor-led losses from Asia spilled over into US trading. South Korea’s KOSPI Index...Continue Reading
Eligible US users can request IPO allocations, while customers in more than 110 countries gain access to tokenized Jersey Mike’s shares backed 1:1 by the underlying stock. Crypto exchange Kraken is offering retail investors access to the planned Jersey Mike’s initial public offering, allowing eligible US customers to request allocations of the sandwich chain’s shares...Continue Reading
PayPal highlighted growth of stablecoins and AI-driven payment tools in Q2 while reporting $8.68 billion in revenue and an $81 million crypto-related earnings adjustment. Global payments giant PayPal highlighted stablecoins and artificial intelligence-driven payment tools as part of its second-quarter strategy while crypto assets remained part of its earnings reconciliation. PayPal reported Q2 earnings of...Continue Reading
Core Scientific reported strong second-quarter revenue growth as AI colocation became its largest business, though a non-cash accounting charge resulted in a $1.15 billion net loss. Digital infrastructure company Core Scientific more than doubled its second-quarter revenue as rapid growth in its artificial intelligence and high-performance computing (HPC) colocation business continued to reshape its earnings...Continue Reading
Analysis warned of a repeat of the 2024 yen carry-trade unwind that pressured crypto markets ahead of the next Bank of Japan interest-rate meeting. Japan’s central bank is in focus this week as its next interest-rate meeting comes amid new 40-year yen lows against the US dollar. Key points: Data from TradingView showed USD/JPY approaching...Continue Reading
Decentralized exchange aggregator 1Inch announced the launch of its Aqua protocol allowing users to provide liquidity to many protocols at once. Decentralized exchange (DEX) aggregator 1Inch (1INCH) announced Aqua, a protocol aimed at unifying the liquidity pools of numerous markets in the decentralized finance (DeFi) ecosystem. According to Tuesday’s announcement, Aqua allows liquidity providers to...Continue Reading
DeFi projects that survived the fallout from the Terra and FTX collapses in 2022 are dying out in 2026. But analysts say it’s not a case of industry consolidation — but the opposite. When DeFi dashboard Zapper announced this month that it would shut down after nearly seven years, it joined a growing list of...Continue Reading
Blockaid found Ethereum remained the hardest-hit blockchain in H1 2026, while Solana replaced Arbitrum as the network with the second-highest losses, driven largely by key compromises. Crypto losses topped $1 billion in the first half of 2026 as the industry recorded its highest number of hacks in a six-month period, according to onchain security platform...Continue Reading
PayPal highlighted growth of stablecoins and AI-driven payment tools in Q2 while reporting $8.68 billion in revenue and an $81 million crypto-related earnings adjustment. Global payments giant PayPal highlighted stablecoins and artificial intelligence-driven payment tools as part of its second-quarter strategy while crypto assets remained part of its earnings reconciliation. PayPal reported Q2 earnings of...Continue Reading
The IMF said Brazil’s stablecoin market has expanded rapidly since 2017, with cross-border crypto flows growing faster than traditional capital flows. The International Monetary Fund said Brazil’s crypto asset market, particularly US dollar-pegged stablecoins, has grown rapidly since 2017 and requires closer oversight as cross-border crypto flows grow faster than traditional capital flows. In its...Continue Reading
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