Market News
Galaxy Digital's Treasury Bled While Its Operating Businesses Turned a Corner
Galaxy Digital posted an $85 million net loss driven by its own crypto holdings, but the figure masks real progress at its trading and data center businesses, including the first delivered halls at its Helios AI campus.
Standard Chartered-Backed Anchorpoint Launches Hong Kong's First Regulated Stablecoin
Anchorpoint Financial has launched HKDAP, the first regulated Hong Kong dollar stablecoin, restricted to institutions and available through only two exchanges, four and a half years after regulators first floated the licensing regime.
BitGo's Revenue Jumped 80%, But Its Margin Tells the Real Story
BitGo posted its fastest revenue growth since going public, but the headline number is mostly a quirk of how spot crypto trades are booked, and the company's actual take from that business was a fraction of a percent.
Open USD Consortium Targets Tether and Circle on Two Different Fronts
A new stablecoin consortium backed by more than 140 companies including Visa, Mastercard and Coinbase has not even launched yet, but analysts say it could reshape competitive dynamics for both Tether and Circle in different ways.
Kraken Bets on Payments to Grow in Brazil's Crowded Crypto Market
Kraken is pushing into stablecoin-based payments to expand its Brazilian business beyond crypto trading, as exchanges, banks and fintechs all compete for a share of Latin America's biggest digital asset market.
Securitize Stock Sinks 27% as Tokenization Platform Misses Earnings Targets
Securitize shares plunged after its first earnings report as a public company fell well short of Wall Street expectations, even as the value of assets on its tokenization platform hit a record.
Hackers Drain $116 Million From Coldcard Hardware Wallets in Multi-Wave Attack
A four-wave attack beginning July 30 drained roughly 1,816 BTC from over 5,200 Coldcard wallet addresses in one of the year's largest hardware wallet exploits.
Crypto Hacks Top $1.2 Billion in 2026 as Incident Count Hits Record
Crypto hacks and exploits have surpassed $1.2 billion across 276 incidents by late July, even as the pace of individual losses has moderated from prior years.
Binance: Crypto Exchanges Are Becoming Financial Superapps
Binance's own market share grew to 35.3% of exchange volume in Q2 as its research arm argues exchanges are evolving into all-in-one financial platforms.