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Gemini posts $108M Q2 net loss despite 37% revenue growth

Credit card and staking revenue drove Gemini’s services growth in Q2 as exchange revenue fell 38% and trading volume dropped by two-thirds.

Neutrl pauses NUSD redemptions over undisclosed reserve issue

BA Labs had previously classified a proposed NUSD integration as higher risk because of its counterparty, operational and liquidity exposure.

City of Baltimore goes after prediction markets for sports betting

The city’s complaint over gambling laws and deceptive trade practices included Robinhood, Webull and Coinbase as partners with prediction market platform Kalshi.

Tether completes first full financial audit, receives clean KPMG opinion

KPMG’s audit covered Tether’s 2025 financial statements and found its reserves exceeded liabilities by $6.8 billion.

Delio CEO sentenced to 15 years in prison on crypto fraud in South Korea

More than a year after being indicted on fraud charges related to his activities at crypto company Delio, Jeong Sang-ho faces prison time in South Korea.

CFTC to join SEC in exploring crypto regulations without CLARITY bill

The CFTC will hold a meeting for its Innovation Advisory Committee on Aug. 20 to address regulation related to crypto assets, artificial intelligence and prediction markets.

Crypto group backs Custodia in Supreme Court battle over Fed access

The Blockchain Association argues the Fed should not have broad discretion to deny eligible state-chartered banks direct access to its payment system.

Robinhood Chain nears $1B TVL as Uniswap drives liquidity: Standard Chartered

Standard Chartered said Robinhood’s Uniswap integration could solve a key challenge for new blockchains while accelerating UNI token burns.

Public Bitcoin miners cut hashrate 13.4% as AI infrastructure revenue grows

AI and HPC are reshaping mining economics as operators repurpose power and data centers, while a smaller group of miners continues to expand Bitcoin capacity.

Bullish shares jump 10% as Q2 adjusted EBITDA more than triples

The crypto exchange operator’s shares gained around 10% as adjusted EBITDA more than tripled and subscription and services revenue hit a record high.

Trezor reports data from 14K users exposed through shipping provider

The wallet provider warned that thousands of users could potentially be at risk of phishing attempts, while advising that all devices, private keys and backups were safe.

Bitcoin keeps traders guessing near $64K as stocks gain on cool US PPI data

Bitcoin joined US stocks in modest gains after July PPI inflation data continued a cooling trend seen over the past month.

Bitmine’s $257M annualized staking income ‘fills’ operational gaps, share buybacks: analysts

Bitmine’s Ether staking revenue is an important financial buffer that fills financial gaps and provides recurring revenue streams beyond Ether’s price appreciation, analysts told Cointelegraph.

MUFG PoC to bring Japanese government bond repo transactions onchain

MUFG’s experiment plans to bring Japanese government bond repo transactions onchain to achieve 24/7 settlement, as well as improved capital and operational efficiency.

SEC allows Franklin Templeton funds to invest in onchain money fund

The SEC said it will not pursue enforcement action if Franklin Templeton’s funds start investing cash in the asset manager’s own tokenized money market fund.

‘DeFi doesn’t exist anymore,’ just onchain finance: Andre Cronje

Flying Tulip founder Andre Cronje contends that DeFi protocols have evolved into a new financial paradigm of “onchain finance,” but have sacrificed some of their inherent immutability and decentralization.

Binance bStocks pass 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 estimates.

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 months.

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

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

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 days.

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 kiosks in response to scams.

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 into their marketing practices.

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.

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