Galaxy reports $85M net loss amid Q2 crypto market slump
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.…
Mastercard, Borderless test shared identity checks for stablecoin transfers
Mastercard and Borderless are exploring ways to bring more trust into crossborder stablecoin transfers through the payment processing giant’s Crypto Credential…
Binance sues RedotPay over alleged $473 million user losses: Report
Binancelinked companies sued RedotPay, accusing it of diverting more than 470,000 Binance Card users under a commercial deal and seeking nearly $473 million in…
Circle Q2 revenue falls short of Wall Street estimates
Stablecoin issuer Circle reported $701 million in Q2 revenue, missing Wall Street estimates of about $713 million. Source：Cointelegraph
Bitcoin ETFs log inflows as cold wallet hack reignites custody debate
US spot Bitcoin ETFs drew $382 million in twoday inflows, with Galaxy’s Bitcoin ETF returning to gains as the Coldcard incident renewed custody concerns.…
S&P gives BlackRock tokenized reserve fund top stability rating
The rating recognizes the fund’s ability to maintain a stable net asset value, while S&P separately reaffirmed USDT among the lowestrated stablecoins under its…
BlackRock brings tokenized money market funds to Europe via JPMorgan
JPMorgan’s Kinexys platform will tokenize select BlackRock money market fund shares denominated in pounds, euros and US dollars. Source：Cointelegraph
Proof of Play to shut down after blockchain gaming thesis falls short
The a16zbacked studio will opensource Pirate Nation assets, while an independent foundation continues supporting the PIRATE token. Source：Cointelegraph
Boerse Stuttgart Digital, Tradias close European crypto merger
The completed tieup combines Boerse Stuttgart Digital’s custody business with Tradias’ trading operations under a joint management team. Source：Cointelegraph
MiCA list expands with 12 companies in fourth post-deadline update
ESMA’s latest MiCA update brings the number of authorized CASPs to 321 and adds three entities to its noncompliant register. Source：Cointelegraph
Taiwan plans Travel Rule for domestic crypto transfers from October
Taiwan’s regulator plans to apply the Travel Rule to domestic VASP transfers from October before extending it to overseas platforms by the end of 2027.…
Missouri trio charged over alleged Bitcoin kidnapping plot
The defendants allegedly traveled from Missouri to Connecticut to kidnap a Bitcoin holder and force him to transfer cryptocurrency before abandoning the plan.…