Riot reported its second-quarter earnings after the close on Wednesday.
Congresswoman Maxine Waters Says She’s ‘Deeply Concerned’ About PayPal’s New Stablecoin
The top Democrat on the House Financial Service Committee criticized PayPal’s plans in a statement on Wednesday.
Marathon Digital Misses Q2 Earnings and Revenue Estimates
Former FTX Exec Ryan Salame Talking to Prosecutors About Plea Deal: Bloomberg
It was not known whether Salame would cooperate with prosecutors and testify against FTX co-founder and CEO Sam Bankman-Fried.
Coinbase Beats Analyst Estimates for Q2, but Transaction Revenue Falls
The crypto exchange beat on both the top and bottom lines, but transaction revenue and total trading volume fell.
SEC Charges 18 Utah Defendants in $50M Crypto Fraud Scheme
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Robinhood Crypto Revenue Fell 18% Sequentially to $31M in Q2
The online trading platform reported second-quarter earnings after the close on Wednesday.
MicroStrategy Takes $24M Q2 Charge on Multibillion-Dollar Bitcoin Haul
The software firm reported its second-quarter earnings after the close on Tuesday.
Sequoia Capital Slashes Crypto Fund From $585M to $200M : WSJ
The vaunted VC firm told investors earlier in the year it would shrink the fund to reflect a changed market.
Tesla Didn’t Buy or Sell Any Bitcoin for Fourth Straight Quarter in Q2
The value of its bitcoin holdings remained at $184 million.
Coinbase to Pause Staking in California, New Jersey, South Carolina and Wisconsin
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FTX Pauses Sale of $500M Stake in AI Firm Anthropic: Bloomberg
The move followed months of due diligence on the stake being done by the bidders, according to Bloomberg’s sources.
Polygon Takes Wraps Off Version 2.0
The protocol calls the latest version “the value layer of the Internet.”
Coinbase Shares Rise as Q1 Revenue Grows 23% From Q4 to $773M
The crypto exchange reported first quarter results after the close on Thursday.
Coinbase No Longer Supporting Signature Bank’s Signet Network: WSJ
The fate of Signet has been unclear since Signature Bank was shut down by New York State regulators last weekend.
FTX Firms Had $6.8B Hole in Balance Sheet at Time of Bankruptcy
The group of companies had debts of about $11.6 billion against $4.8 billion in assets, according to a presentation filed by its advisers.
Coinbase, Hut 8 and Other Crypto Stocks Rise as Bitcoin Surpasses $26K
Bitcoin’s price is up 6% over the last 24 hours.
Crypto Platform Anchorage Digital Laying Off 20% of Its Staff: Bloomberg
The firm said that U.S. regulatory uncertainty played a role in its decision.
Justice Department Investigating TerraUSD Stablecoin Collapse: Reports
The investigations follow the filing of the SEC’s civil fraud lawsuit against Terraform Labs and Do Kwon last month.
FDIC Planning to Try Auctioning Silicon Valley Bank Again: WSJ
The designation of SVB’s failure as a potential systemic threat gives the FDIC more options to sell the bank.