Crypto News
The latest cryptocurrency news, market moves and industry updates.
EToro reports second quarter crypto loss even as total profit beats estimates
eToro's gross crypto revenue fell to $1.35 billion in Q2, despite the company beating total profit estimates, as reported by CoinDesk. The trading platform also agreed to buy TradeZero for up to $231 million.
FlightAware sues Kalshi over flight cancellation data
FlightAware has filed a lawsuit against Kalshi, alleging trademark infringement and harm to its reputation, with state authorities drawing comparisons to gambling.
Coinbase-backed Flowdesk secures full broker-dealer license in Dubai
Flowdesk, backed by Coinbase, has received a full broker-dealer license in Dubai, as crypto firms expand regulated operations globally
Nasdaq to acquire LeveL Markets in push toward ‘always-on’ markets
Nasdaq acquires LeveL Markets to expand into tokenized securities and longer trading hours. This move is part of Nasdaq's push toward 'always-on' markets.
Bitcoin drops to one-week low as retail buys gold at highest prices since June
Bitcoin price action sinks to one-week lows, while gold prices surge to nine-week highs as retail investors buy in
If crypto goes back to the congressional drawing board, 3 Democrat women loom large
Three Democrat women may influence future crypto legislation, with a generally distrustful view of digital assets. Their roles may become more significant in upcoming legislative efforts.
Crypto-friendly bank Erebor in talks to raise $1.5 billion at $9.5 billion valuation: FT
Erebor bank is in talks to raise $1.5 billion at a $9.5 billion valuation, driven by growth in crypto clients, with deposits increasing from $1.1 billion to $4.6 billion between March and July
ADI Chain, Shipfinex partner to tokenize $500M vessel pipeline
ADI Chain and Shipfinex are partnering to tokenize a $500M vessel pipeline, with plans to bring 35 vessels onchain, marking a significant expansion into the maritime industry
SharpLink reports $394M in Q2 net loss fueled by ETH decline
SharpLink reports $394M Q2 net loss, driven by Ether's 23% decline, as per CoinTelegraph report.