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. Source：Cointelegraph
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. Source：Cointelegraph
ASX shareholder plans to sue former directors over failed blockchain project
ASX’s failed blockchainbased CHESS overhaul faces renewed governance scrutiny after the exchange admitted misleading the market. Source：Cointelegraph
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…
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…
Kraken adds S&P 500 to funded trading program, commodities to follow
Kraken’s funded trading program adds roundtheclock exposure to the US equity benchmark as it builds out its multiasset offering. Source：Cointelegraph
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 variety of reasons,…
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 verifying flight…
Bank of England tests stablecoin, digital pound interoperability in cross-border payments
The Digital Pound Lab is testing a crossborder trade finance flow combining stablecoin payments with simulated digital pound settlement. Source：Cointelegraph
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 market takes shape.…
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 support.…