Net loss came to $57.2 million, narrowed from $81.8 million in the first quarter. A $71.2 million non-cash loss on digital assets ran through operating expenses, and the operating loss was $74.1 million while Bitcoin fell about 12% over the quarter. CryptoPotato reported on the $81.8 million first-quarter loss that landed alongside a then-record 817 […]
Crypto analyst ChartNerd said on August 3 that XRP’s prolonged weakness could be setting the stage for a major market repricing. With the token testing long-term support near $1.06 after months of negative sentiment, the market watcher argued that the current decline is part of a wider crypto correction rather than a sign of weakness […]
Cardano reached $0.195 for the first time since July 4. ADA’s price was up by almost 26% over the past week, making it one of the stronger performers in a choppy altcoin market. This rally comes amid declining wallet numbers and growing ecosystem activity, which has raised fresh questions about who is driving demand. Fresh […]
Bitcoin mining has long become a massive business niche in which the individual miner has been sidelined, but there are occasional exceptions. A single miner managed to mine block number 960804, which secured them the 3.125 BTC prize, worth roughly $200,000 at today’s prices. Pseudonymous software developer at CKPool, Dr -ck, was among the first to […]
On-chain data shows that the Ethereum blockchain has developed a lot in the past few years, currently processing more activity than ever before. At the same time, the underlying asset has failed to benefit, as it continues to struggle below $2,000. One analyst believes this disconnect has become one of the biggest debates surrounding the […]
White House teleprompter operator Gabriel Perez is no longer employed by the federal government after being placed on unpaid leave over allegations that he used insider knowledge to bet on President Donald Trump’s speeches, according to another official. Speaking on condition of anonymity, the official said that Perez had left his government job but did […]
Robinhood posted record second-quarter net revenue of $1.31 billion, up 32% year-over-year, as activity across prediction markets, options, and equities helped offset a sharp decline in crypto income. The company’s transaction-based revenue jumped 44% to $776 million during the quarter. Event contracts emerged as one of its fastest-growing businesses. In fact, revenue from event contracts […]
PayPal has reported $486.4 billion in total payment volume for the second quarter on July 28, up 10% year over year. It also confirmed a reorganization that hands crypto its own division inside the company. The unit, Payment Services & Crypto, sits alongside Checkout Solutions & PayPal and Consumer Financial Services & Venmo. In the […]
The first half of 2026 was the most active six months for crypto exploits on record. This is according to a new report from Blockaid, which shows hackers stole $1.1 billion across 212 incidents. Crypto Hacks Top $1.1B in H1 2026 The Blockaid report found that four major incidents involving KelpDAO, Drift, Resolv, and CoW […]
Leading Bitcoin treasury company Strategy’s results for the second quarter show a loss of over $8 billion, while crypto exchange Coinbase reported a 14% quarterly revenue loss. According to the two companies’ latest earnings reports released on Thursday, Strategy lost over $8.23 billion in its operations after recording an unrealized loss of $8.32 billion in […]