Business
Companies, funding, deals and the money behind the industry.
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Bitcoin analysts agree the Fed's hold was hawkish. They don't agree on what happens next.
Bitcoin market analysts are unified in their reading of the Federal Reserve's latest decision to hold interest rates steady — calling it a distinctly hawkish move — but they…
US sanctions Iranian maritime firm, says it accepted Bitcoin to evade restrictions
The US Treasury has imposed sanctions on an Iranian maritime firm, accusing it of accepting Bitcoin and other digital assets to sidestep restrictions and channel funds to the…
Ether, XRP flat as chip stocks steady on Samsung's 250-fold profit surge
Ether and XRP held steady on Thursday as major cryptocurrencies traded flat, tracking a broader stabilization in Asian markets after a rough stretch for semiconductor stocks. The…
Luno cuts 20% of staff as crypto layoffs spread across 12 firms in July
Cryptocurrency exchange Luno has laid off roughly 20% of its workforce, becoming one of at least a dozen digital asset firms to announce staffing reductions during July as the…
Japanese game developer launches Bitcoin, altcoin fund with SBI
Japanese game developer Gumi is expanding its footprint in digital assets, teaming up with financial services giant SBI to launch an investment fund dedicated to Bitcoin and other…
US arbitration giant launches specialist panel for crypto disputes
The American Arbitration Association, one of the largest dispute resolution bodies in the United States, has rolled out a dedicated panel focused on cryptocurrency and…
Senators ready to send stricter ethics rules on Trump's crypto ventures to White House, sources say
A bipartisan pair of senators is preparing to advance tougher conflictofinterest provisions targeting cryptocurrency ventures tied to President Donald Trump, according to people…
Senators said to hatch idea to toughen Trump's concession on Clarity Act's crypto limits
A bipartisan pair of senators is reportedly developing a strengthened version of the cryptocurrency marketstructure bill's ethics provisions, aiming to build broader support for…
Microsoft Quietly Adds New Windows App That Wants to Scan Your Face
Microsoft has begun rolling out a new OneDrive Photos app to some Windows 11 machines, bundling in AIpowered image search alongside an optional facial recognition feature that…
Robinhood Posts Best Quarter Ever as Prediction Market and Robinhood Chain Take Off
Robinhood delivered its strongest financial quarter in company history, reporting record revenue of $1.31 billion as the trading platform's push into prediction markets and…
Robinhood posts record quarter as crypto revenue slides 38%
Robinhood delivered its strongest financial quarter yet, powered by broad gains across its business, even as revenue tied to cryptocurrency trading fell sharply from the previous…
Robinhood posts record quarter as crypto revenue slides 38%
Robinhood delivered its strongest financial quarter to date, even as revenue from cryptocurrency transactions on the popular trading platform fell sharply, underscoring the…
Robinhood posts record quarter, but crypto revenue slides 38%
Robinhood delivered a recordsetting financial quarter, but the milestone came with a notable soft spot: revenue from cryptocurrency transactions fell 38% even as the brokerage…
Binance.US to attempt prediction markets entry as CFTC-licensed entity, says CEO
Binance.US plans to enter the prediction markets sector by securing a license from the US Commodity Futures Trading Commission, according to comments from the exchange's chief…
Flock Cameras Face Growing Backlash as Privacy Concerns Reach Capitol Hill
Opposition to Flock Safety's license plate reader cameras is intensifying across the United States, and the fight has now made its way to Washington, where Representative Thomas…
Robinhood slides 4% despite earnings beat as crypto revenue cools
Robinhood shares fell roughly 4% following its latest earnings report, as investors focused on a sharp cooldown in cryptocurrency trading revenue despite the brokerage beating…
Crypto entering biggest consolidation phase in history, says ARK analyst
The cryptocurrency industry is on the cusp of an unprecedented wave of consolidation, according to ARK Invest research analyst Lorenzo Valente, who argues that revenue is rapidly…
Tennessee county passes another ban on crypto operations
A group of county commissioners in Tennessee has voted unanimously to prohibit crypto mining facilities and data centers across unincorporated areas, adding to a growing pattern…
MoonPay's PayBox Puts a Crypto Wallet Inside Claude and ChatGPT—And Lets It Pay for Things
MoonPay has unveiled PayBox, a new tool that embeds a crypto wallet directly inside AI assistants like Claude and ChatGPT, giving those systems the ability to execute payments on…
Bitcoin, Ethereum Wobble as Fed Holds Rates Steady
Bitcoin and Ethereum stumbled on Wednesday after the Federal Reserve elected to keep interest rates unchanged, leaving traders without the clear direction they had hoped for from…
- Senate Punts Clarity Act Vote to September as Democrats Hold Out
- CleanSpark misses Wall Street revenue estimates as shares sink
- Catapult Draws KuCoin Ventures Backing as Fundraising Round Continues
- Coldcard fallout shows up onchain as 210,000 bitcoin leaves old wallets
- Stripe-owned Bridge joins EU MiCA register after Luxembourg approval
