Author: Fridah kangai
Coinbase Stock Falls as Weak Trading Revenue Overshadows Stablecoin Growth
Summary
Coinbase reported weaker second-quarter earnings, missing Wall Street expectations as declining trading revenue triggered a seven percent [...]
Ripple Mints 15 Million RLUSD on Ethereum as Stablecoin Supply Expands Across Networks
Summary
Ripple minted 15 million RLUSD on Ethereum while balancing stablecoin supply across Ethereum and the XRP Ledger through ongoing adjustmen [...]
Australia Sues Telegram Over Alleged Terror Content Moderation Failures
Summary
Australia launched civil penalty proceedings against Telegram over alleged failures to remove terrorist content despite repeated user rep [...]
Binance.US Plans CFTC License Bid to Launch Regulated Prediction Market Platform
Summary
Binance US plans to apply for a CFTC license to launch regulated prediction market products for retail customers.
CEO confirmed the Au [...]
Coinbase CEO urges Senate to pass CLARITY Act before lawmakers leave Washington
Summary:
Brian Armstrong urged the Senate to pass the CLARITY Act before recess, stressing bipartisan support for lasting cryptocurrency regulati [...]
Ostium Says $23.75M Exploit Stemmed From Off-Chain Infrastructure Breach
Summary:
Ostium concluded that $23.75 million exploit originated from compromised off-chain infrastructure, not smart contract vulnerabilities or [...]
MoonPay Brings AI Payments to ChatGPT and Claude With User-Controlled PayBox
MoonPay launched PayBox, enabling ChatGPT and Claude users to prepare crypto and card payments while retaining transaction approval through passke [...]
Cardano Marks Six Years Since Shelley as Network Advances Toward Leios Upgrade
In brief:
Cardano celebrates six years since Shelley introduced staking, decentralized block production, and community governance, reshaping the [...]
SEC Ready to Issue Crypto Rules if CLARITY Act Fails, Chair Atkins Says
Summary:
SEC Chair Paul Atkins confirmed that the agency can issue crypto market rules if Congress fails to pass the CLARITY Act.
Senate prior [...]
44 States Challenge CFTC Authority Over Sports Prediction Markets
In brief:
Forty-four state attorneys general urged the CFTC to withdraw its sports prediction market proposal, arguing that it exceeds federal au [...]