Robinhood prediction markets drive $1.31B quarter
Robinhood posted record Q2 revenue of $1.31 billion as event-contract income surged, while crypto revenue fell 38% to $100 million.
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BitRiver founder detained in $7.9M fraud case
BitRiver founder Igor Runets was moved to pretrial detention as investigators examine an alleged ₽1 billion mining-equipment fraud.
What happens to your position if a market Is delisted?
Prediction market guides explain how contracts resolve and pay. Almost none explain what happens when a market never gets that far, because it was voided, suspended by a court, renamed mid-life, or pulled by the exchange. The answers live in…
Why transaction counts tell you almost nothing
Every chain announcement leads with a transaction number. On a network charging $0.0002, 1 million transactions represents $200 of economic activity and a weekend of testing. The metric that headlines every milestone is the one that survives the least scrutiny,…
Why maximum leverage is a fee, not a feature
Exchanges advertise leverage the way carriers advertise data speeds, as a capability offered for your benefit. The arithmetic says something else. A venue earns on notional, so the slider that multiplies your position multiplies its revenue identically while collapsing your…
CFTC loses Wisconsin bid to shield prediction markets
A federal judge has rejected the CFTC’s request to stop Wisconsin from enforcing state gambling laws against federally regulated prediction market platforms. Wisconsin court rejects CFTC injunction Judge William Griesbach of the U.S. District Court for the Eastern District of…
Trump threatens Iran as oil jumps 7% and stocks sink
President Donald Trump threatened a forceful response after Iran fired missiles at U.S. forces in Jordan, ending a brief pause in fighting and sending oil prices sharply higher. Trump vows retaliation after Iran missile attack Iran’s Revolutionary Guards fired several…
Tether USAT launches on Celo as second mainnet
Tether’s US-focused USAT stablecoin has launched on Celo, marking its second mainnet deployment after Ethereum and extending the token to a network widely used for digital-dollar payments. USAT adds native issuance and gas payments on Celo Tether announced the USAT…
Freehand raises $75M to automate enterprise supply-chain spending
Freehand has raised $75 million to expand AI agents that handle invoices, supplier negotiations, payments, and other supply-chain tasks for large companies. Freehand secures $75 million from US investors Battery Ventures and NewRoad Capital Partners co-led the round, with Nexus…
Patrick Witt hits back at 134 bank leaders over CLARITY Act
White House crypto adviser Patrick Witt criticized banking leaders seeking tighter stablecoin reward restrictions as Senate delays pushed the CLARITY Act’s passage odds to a record low. Patrick Witt challenges banks over CLARITY Act Witt pushed back after 134 banking…
Fed holds rates steady as Bitcoin stalls and gold gains
Bitcoin and other major cryptocurrencies barely moved after the Federal Reserve left interest rates unchanged, suggesting traders had largely prepared for the decision. Fed keeps interest rates unchanged Federal Reserve officials maintained the federal funds rate at between 3.5% and…
Aviva Investors launches first tokenized fund on XRPL
Aviva Investors has launched a tokenized share class of its US Dollar Liquidity Fund on the XRP Ledger, moving its Ripple partnership into production. Aviva brings its USD liquidity fund to XRPL Aviva Investors and Ripple announced the launch on…
When crypto tax stops being a spreadsheet problem
Expanding crypto tax reporting rules are pushing investors to maintain accurate transaction records across exchanges, wallets, staking, and DeFi. For a long time, many crypto investors treated tax preparation as a year-end export. Download a CSV from an exchange, send…
Coinbase stock holds $163 support before Q2 earnings
Coinbase stock traded near $164 on Wednesday as investors weighed weak Q2 revenue expectations against Rosenblatt’s $240 price target and growth in newer business lines. Coinbase stock consolidates ahead of earnings Coinbase (COIN) shares traded at $164.43 on July 29,…
Why locked liquidity does not mean a token is safe
Every guide says a liquidity lock means safer. On launchpads paying creator fees, the lock is the scam’s revenue engine. What it does and does not cover.
XRP retail trading launches on licensed Hong Kong venue
OSL Digital Securities has opened XRP trading to retail investors in Hong Kong, creating a regulated fiat on-ramp as US lawmakers continue debating federal crypto market rules. OSL opens XRP trading to Hong Kong retail investors OSL Digital Securities launched…
CLARITY Act odds hit record-low 27% after Senate delay
Polymarket traders cut the CLARITY Act’s chances of becoming law in 2026 to a record-low 27% after the Senate postponed action on the crypto market structure bill. CLARITY Act odds fall as Senate changes priorities The Polymarket contract asking whether…
XRP Ledger activates fix, blocks nodes below 3.2.0
XRP Ledger has activated its fixCleanup3_2_0 amendment, making version 3.2.0 the minimum software release required for nodes to remain compatible with the mainnet. XRP Ledger activates fix with 85.71% support XRPScan data shows that fixCleanup3_2_0 is now active after securing…
The Digital Asset Market Clarity Act update
The Digital Asset Market Clarity Act (H.R. 3633) a major U.S. digital asset legislative proposal that divides regulatory power between the SEC and CFTC, while sparking intense debates over privacy, developer liability, and anti-money laundering (AML) enforcement has been effectively…
BNY adds blockchain recordkeeping to institutional fund services
BNY has expanded its blockchain strategy by bringing the ownership records behind investment funds onchain through a new digital transfer agency platform for institutional clients. The Financial Times reported that the New York-based custodian bank will launch a blockchain-enabled version…