Fintech

Circle secures New York trust charter as crypto regulatory push accelerates

The approval lets the USDC issuer offer fiduciary and custody services under New York banking law.

Coinbase's weak quarter leaves Wall Street split on timing of a recovery

Most analysts blamed a weak crypto market for Coinbase's earnings miss, though opinions diverged on when trading activity will recover.

RWA perps will outpace tokenization

Tokenization was crypto's first big export to TradFi. Perps are next, says Martin Lee, markets insight lead at DWF labs.

Bitcoin flat near $64,000 as Kospi's record 17% surge leaves crypto untouched

Samsung and SK Hynix both jumped more than 23%. Bitcoin moved a fraction of a percent in the past 24 hours, and most majors are still lower on the week.

Major bitcoin wallet flaw drains 594 BTC in 25-minute sweep

A hardware wallet randomness bug turned “impossible to guess” seeds into guessable ones, and $38 million is already gone.

Strategy books $8.2 billion Q2 loss on bitcoin price decline

The world's largest corporate bitcoin holder says it has built a cash reserve covering more than two years of dividend payments after investors questioned its growing stack of preferred securities.

Coinbase sinks 5% after missing second quarter revenue estimates

The company reported $1.22 billion in overall revenue, down from $1.5 billion in the year prior.

Global banks test tokenized money for cross-border payments in $1 million BIS pilot

Twenty-eight banks, including JPMorgan, Citi and UBS, moved real money across borders in a live test of blockchain-based settlement.

Ondo Finance weighs acquisition worth up to $500 million

The tokenized-assets firm is considering an acquisition valued at $250 million to $500 million as consolidation accelerates across crypto infrastructure.

Crypto for Advisors: Is the Clarity Act dead?

CME's Duffy warns an overlooked tax risk looms over U.S. perpetual futures

CME CEO Terry Duffy said a court battle over whether perpetual futures are swaps or futures could eventually affect how the IRS taxes the contracts. Independent legal experts say the issue remains unresolved.