Business
Companies, funding, deals and the money behind the industry.
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BitGo posts $19M Q2 loss despite 80% revenue surge to $4.3B
Crypto custody firm BitGo recorded a net loss of roughly $19 million in the second quarter, even as its revenue soared 80% to $4.3 billion, underscoring how paper losses on…
Copper US arm becomes FINRA member, SEC-registered broker-dealer
Digital asset custody firm Copper has cleared a major regulatory hurdle in the United States, with its American subsidiary becoming a member of the Financial Industry Regulatory…
Metaplanet denies selling bitcoin worth $320 million
Metaplanet has firmly rejected market speculation that it offloaded roughly $320 million worth of bitcoin, with the Japanese firm's chief executive reaffirming that the company…
Crypto valuations could double as protocols link revenue to tokens: Bitwise CIO
Crypto asset valuations could climb significantly in the coming years as more protocols adopt mechanisms that channel their revenue directly back to token holders, according to…
Metaplanet CEO shuts down Bitcoin sale speculation after $322M transfer
Metaplanet CEO Simon Gerovich moved quickly this week to quell market speculation, confirming that the Japanese firm did not sell any Bitcoin after transferring more than 5,000…
Speculation on dogecoin is back to October 2025 levels. The price is down 70%
Dogecoin's speculative fervor has returned to levels not seen since October 2025, but with a stark difference: the meme coin now trades roughly 70% below where it sat when traders…
Bitcoin slips near $63,500 as traders look past CPI to Fed’s next tests
Bitcoin drifted lower toward $63,500 on Thursday as an inflation report that landed largely in line with forecasts failed to give traders a compelling reason to push the market…
ASX shareholder plans to sue former directors over failed blockchain project
An Australian Securities Exchange shareholder is moving to take legal action against the exchange's former directors over the collapse of an ambitious blockchain project that was…
Prediction markets should dial back faulty filings for incentives to boost trading: CFTC
The U.S. Commodity Futures Trading Commission has warned prediction market operators to clean up sloppy regulatory filings that could open the door to market manipulation,…
Securitize falls 20% after earnings miss as tokenization revenue falls short
Shares of Securitize tumbled roughly 20% after the tokenization firm posted its first earnings report as a public company, with revenue coming in below Wall Street expectations…
Morgan Stanley's infrastructure partner Zerohash rebuffed in pitch to be U.S. trust bank
Zerohash, the crypto infrastructure firm that powers digital asset operations for Morgan Stanley's ETrade platform, has hit a regulatory roadblock in its bid to secure a U.S.…
The AI-Generated Pattern Hides You From Surveillance Cameras—Including Flock
A Kansas City security researcher has developed an AIgenerated camouflage pattern designed to fool automated surveillance cameras, including systems built by controversial…
Goldman Sachs to acquire ETF manager NEOS in $2.25B deal
Goldman Sachs has agreed to purchase exchangetraded fund manager NEOS in a deal valued at $2.25 billion, a move that would fold NEOS' roughly $30 billion ETF operation into…
NYC council announces probe into ‘predatory marketing practices’ on prediction markets
New York City lawmakers have launched an investigation into the marketing tactics used by prediction market platforms, with council leaders demanding answers from four companies…
China’s DeepSeek Upgrades V4 Pro: Claude Fable Is Only 5% Better at 4,500% the Price
China's DeepSeek has released the finished version of its V4 Pro model, and the company's benchmark numbers suggest it has closed most of the gap with Anthropic's flagship Claude…
SpaceXAI Wants Grok Bot to Do Your Job—But It Needs Access to Your Accounts
A new AI product marketed under the SpaceXAI banner is pitching its Grokbranded bot as a digital worker capable of handling everyday office tasks—but only if users hand over…
Goldman Sachs' $2.25B NEOS Deal Hands It Ready-Made Bitcoin Income ETF Business
Goldman Sachs is buying optionsincome specialist NEOS Investments in a cashandequity deal valued at roughly $2.25 billion, a move that instantly hands the Wall Street giant a…
Kraken adds S&P 500 to funded trading program, commodities to follow
Cryptocurrency exchange Kraken is broadening its funded trading program by introducing S&P 500 exposure, giving traders aroundtheclock access to the benchmark US equity index as…
Bitwise cuts 14% of staff while still expecting growth
Bitwise Asset Management has laid off 14% of its workforce, joining a growing list of crypto firms trimming staff in 2024, even as the company maintains an optimistic outlook on…
Goldman Sachs leaps into bitcoin income ETFs with $2.25 billion NEOS buyout
Goldman Sachs is making a significant push into the crypto exchangetraded fund market with a $2.25 billion acquisition of NEOS, a move that expands the Wall Street giant's…
- The bitcoin price level where leveraged bulls could get whacked
- XRP sinks below $1 for first time since 2024 as Korean bank adopts Ripple Payments
- Catapult Draws KuCoin Ventures Backing as Fundraising Round Continues
- XRP slips below $1 even as a Korean regional bank adopts Ripple Payments
- Monad, an Ethereum rival, offered early investors up to $60 million to cash out. Almost all said no
