Galaxy Digital Second-Quarter Net Loss Widens as Crypto Market Retreats
The loss is almost four times as wide as that of the corresponding quarter a year ago.The company cited declines...
Financial News
Why are Tether and Cantor Fitzgerald lending near identical amounts?
At Bitcoin 2024 in Nashville, Cantor Fitzgerald, Tether’s custodian for United States treasuries, announced a new lending business which will...
DWF Labs to debut synthetic stablecoin amid sector\’s explosive growth
DWF Labs, a prominent crypto trading and market-making firm, is preparing to enter the booming stablecoin sector.In an Aug. 1...
UAE Bank Launches VASP-Focused Accounts for Managing User Funds
Commercial Bank of Dubai (CBD), a United Arab Emirates-based bank, has launched dedicated accounts for virtual asset service providers to...
Andreessen Horowitz Leads $9 Million Investment in DePin Project Daylight Energy
Andreessen Horowitz’s (a16z) crypto investment arm has spearheaded a $9 million investment in the decentralized physical infrastructure network (DePin) project...
European Central Bank Braces For Two More Rate Cuts, Is US Fed Next?
The European Central Bank (ECB) is preparing for two more rate cuts, as revealed by ECB policymaker Yannis Stournaras. Hence,...
On the Margin Newsletter: What to make of the latest FOMC statement
Today, enjoy the On the Margin newsletter on Blockworks.co. Tomorrow, get the news delivered directly to your inbox. Subscribe to...
Bank of Russia Expects Wide Adoption of Digital Ruble Within 5 to 7 Years
Elvira Nabiullina, the governor of the Bank of Russia, declared that she expects the digital ruble, the Russian CBDC, to...
Coinbase Shares Rise After Q2 Revenue Beats Wall Street Estimates Amid Falling Trading Volume
Shares of Coinbase rose about 2% after the company reported its earnings.The company\'s second quarter adjusted Ebitda missed Wall Street\'s...
Bitcoin mining analyst sees significant organic growth opportunities for Riot stock
Bitcoin miner Riot Platforms’ stock is a buy due to its significant organic growth opportunities, H.C. Wainwright analyst Mike Colonnese...