SpaceX Beats Revenue Forecast Despite Bitcoin Loss, Expands NVIDIA AI Partnership
Despite reporting a $541 million net loss, SpaceX reported stronger-than-expected second-quarter revenue, in part because of a drop in the value of its...
Ethereum Staking Reward Proposal Sparks DeFi Debate
The developers of Ethereum have suggested a significant modification that will eventually bring fresh issuance to zero when around half of Ethereum’s entire...
India Expands Global Tax Reporting Rules To Cover Crypto Assets, CBDCs & Digital Money
India has included specified crypto assets, central bank digital currencies (CBDCs), and digital money products in its global tax reporting framework. Additionally, it...
XRP Holders Can Now Borrow RLUSD On Ethereum Through $280M Lending Pool
XRP holders can now borrow ETH against their XRP without selling it.Flare, the blockchain that allows XRP to be used in decentralized finance,...
FalconX Trims Staff, Withdraws Singapore License Application Amid Crypto Slowdown
FalconX has allegedly reduced its global workforce by 10% as it braces for an extended downturn in the crypto market and decreased trading...
Solana Eyes $650K Daily SOL Burns As New Governance Proposal Targets Lower Inflation
The goal of Solana’s new governance plan (SIMD-0553) is to raise daily SOL burning from roughly 650 SOL to up to 9,000 SOL,...
South Africa Releases Draft Framework To Regulate Cross-border Cryptocurrency Transfers
South Africa has introduced a proposed framework that may change the way cryptocurrency circulates internationally. The National Treasury and the South African Reserve...
Hashdex To Shut Down Its Smallest Spot Bitcoin ETF After More Than Two Years
Hashdex said it will liquidate its eponymous spot-price Bitcoin exchange-traded fund this month, returning the money to all remaining shareholders and selling the...
American Bitcoin Reports $57.2M Q2 Loss As Treasury Surpasses 8,000 BTC
The Miami-based Bitcoin accumulation platform American Bitcoin Corp., which Eric Trump co-founded, posted a $57.2 million net loss for the second quarter of...
Bitget To End Crypto Services In Japan, Sets December 31 Deadline For Account Closures
Crypto exchange Bitget will stop serving residents of Japan, closing new registrations immediately and introducing restrictions that will culminate in the forced closure...
Latest News
Polymarket Targets $20B Valuation With Reported $1B Fundraising Plans
As it apparently looks into a new $1 billion investment round, Polymarket aims for a $20 billion valuation. According to Bloomberg, the...
Bybit Wins Austria EMI License, Expands Regulated Crypto & Payment Services Across Europe
The Financial Market Authority (FMA) of Austria has granted Bybit Payments GmbH an Electronic Money Institution (EMI) license. Bybit can now provide...
Wells Fargo To Launch 24/7 Tokenized Deposits
Wells Fargo, a major player on Wall Street, has revealed plans to use tokenized deposits, which would allow money to be settled...
BitGo Switches WBTC Cross-chain Infrastructure To Chainlink
Crypto infrastructure firm BitGo (BTGO) is set to replace LayerZero with Chainlink as the exclusive cross-chain provider for wrapped bitcoin (WBTC). The...
