Crypto news

Binance bStocks passes xStocks as second-largest tokenized stock issuer

Binance bStocks became the second-largest tokenized stock issuer less than two months after launch, narrowly ahead of Kraken’s xStocks.

Bitcoin speculators keep BTC price ‘pinned’ below $68.7K: Glassnode

Bitcoin’s weakness near range highs stems from short-term holders trying to break even on underwater BTC investments, Glassnode says.

Securitize falls 16% after earnings miss, tokenization revenue drops

Securitize shares fell 16% from Wednesday’s close after the tokenization platform’s $14.4 million second-quarter revenue missed Wall Street…

BitGo posts $19M Q2 loss despite 80% revenue surge to $4.3B

An $18.8 million unrealized digital asset loss and weaker trading margins pushed BitGo into the red in the second quarter.

Copper US arm becomes FINRA member, SEC-registered broker-dealer

Copper Markets US will offer qualified custody, staking, financing and OTC services after securing its regulated US presence.

Crypto valuations could double as protocols link revenue to tokens: Bitwise CIO

Bitwise’s Matt Hougan expects revenue-capture mechanisms to spread across DeFi applications and layer-1 networks over the next 12 to 24 mon…

Metaplanet CEO shuts down Bitcoin sale speculation after $322M transfer

Metaplanet CEO Simon Gerovich said no Bitcoin was sold after the company moved 5,014 BTC between custodial addresses for about $8 in fees.

ASX shareholder plans to sue former directors over failed blockchain project

ASX’s failed blockchain-based CHESS overhaul faces renewed governance scrutiny after the exchange admitted misleading the market.

Arizona crypto ATM law helps 35 scam victims recover $171K

Qualifying new customers can receive full reimbursement, including fees, if they notify both the operator and law enforcement within 30 day…

Hawaii crypto ATM ban to take effect on Oct. 1

Hawaii will join Minnesota, Tennessee and Indiana in becoming the fourth US state to completely ban the use of cryptocurrency ATMs and kios…

Goldman Sachs to acquire ETF manager NEOS in $2.25B deal

The deal would add NEOS’ $30 billion ETF business, including Bitcoin- and Ether-linked income funds, to Goldman Sachs Asset Management.

NYC council announces probe into ‘predatory marketing practices’ on prediction markets

Council Speaker Julie Menin sent letters to four companies offering prediction market services to New Yorkers as part of an investigation i…

Kraken adds S&P 500 to funded trading program, commodities to follow

Kraken’s funded trading program adds round-the-clock exposure to the US equity benchmark as it builds out its multi-asset offering.

Bitwise cuts 14% of staff while still expecting growth

Crypto companies from including Coinbase, BitGo, Robinhood, Polygon and Pump.fun have announced workforce reductions this year, citing a va…

FlightAware drops Kalshi lawsuit one day after filing

Following the initial lawsuit, at least one of Kalshi’s event contracts was changed to list “Primary Source Agency” as the entity behind ve…

Bank of England tests stablecoin, digital pound interoperability in cross-border payments

The Digital Pound Lab is testing a cross-border trade finance flow combining stablecoin payments with simulated digital pound settlement.

HashKey begins beta distribution of Hong Kong-regulated HKDAP stablecoin

HashKey has become an authorized distributor for Anchorpoint’s HKDAP, expanding institutional access as Hong Kong’s regulated stablecoin ma…

Bitcoin eyes $63K as US CPI relief sends September Fed rate pause odds to 60%

Bitcoin price action did not reflect relief in US CPI inflation numbers matching expectations amid a warning over $63,000 failing as suppor…