Category Archives: Uncategorized

Galaxy Digital reported an $85 million net loss driven by falling digital asset prices and $8.7 billion in revenue that missed Wall Street estimates. Read More at https://cointelegraph.com/news/galaxy-85m-loss-q2-crypto-market-slump?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Mastercard and Borderless are exploring ways to bring more trust into cross-border stablecoin transfers through the payment processing giant’s Crypto Credential framework. Read More at https://cointelegraph.com/news/mastercard-borderless-test-identity-checks-stablecoin-transfers?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Binance-linked companies sued RedotPay, accusing it of diverting more than 470,000 Binance Card users under a commercial deal and seeking nearly $473 million in damages. Read More at https://cointelegraph.com/news/binance-redotpay-lawsuit-alleged-473-million-losses?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Stablecoin issuer Circle reported $701 million in Q2 revenue, missing Wall Street estimates of about $713 million. Read More at https://cointelegraph.com/news/circle-q2-revenue-misses-wall-street-estimates?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

US spot Bitcoin ETFs drew $382 million in two-day inflows, with Galaxy’s Bitcoin ETF returning to gains as the Coldcard incident renewed custody concerns. Read More at https://cointelegraph.com/markets/bitcoin-etfs-inflows-cold-wallet-hack-custody-debate?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

The rating recognizes the fund’s ability to maintain a stable net asset value, while S&P separately reaffirmed USDT among the lowest-rated stablecoins under its existing assessment framework. Read More at https://cointelegraph.com/news/sp-blackrock-tokenized-reserve-fund-stability?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Glassnode confirmed that its aggregate BTC price cycle tool was in its coldest phase since the collapse of FTX in late 2022. Read More at https://cointelegraph.com/markets/bitcoin-price-metric-basket-sees-longest-capitulation-since-ftx-blow-up-glassnode?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

JPMorgan’s Kinexys platform will tokenize select BlackRock money market fund shares denominated in pounds, euros and US dollars. Read More at https://cointelegraph.com/news/blackrock-jpmorgan-tokenized-money-market-funds-europe?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

The a16z-backed studio will open-source Pirate Nation assets, while an independent foundation continues supporting the PIRATE token. Read More at https://cointelegraph.com/news/proof-of-play-shut-blockchain-gaming-thesis?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Forgd’s ratings draw on data from more than 500 token projects and 35 market-making firms, but do not solely reflect trading performance. Read More at https://cointelegraph.com/news/forgd-market-maker-leaderboard-defillama?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound