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 secondquarter 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. 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
Crypto valuations could double as protocols link revenue to tokens: Bitwise CIO
Bitwise’s Matt Hougan expects revenuecapture mechanisms to spread across DeFi applications and layer1 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. 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…
Goldman Sachs to acquire ETF manager NEOS in $2.25B deal
The deal would add NEOS’ $30 billion ETF business, including Bitcoin and Etherlinked income funds, to Goldman Sachs Asset Management. Source:Cointelegraph
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,…