Robinhood misses Q3 earnings as crypto revenue slumps, but tops lowered forecasts; stock falls 7%
The miss and weak crypto revenue show trading volumes alone do not translate into profit, while Robinhood expands deeper into stablecoins and tokenized products
CoinDesk · +9 outlets
Ripple wins final OCC approval to launch its own U.S. national trust bank
The approval gives Ripple a federally regulated banking entity behind its stablecoin, a step toward mainstream institutional use of RLUSD.
CoinDesk · +14 outlets
Bithumb says hackers accessed internal system through employee, leaking personal data
The breach via an employee system exposes customer data at one of South Korea's largest exchanges amid a wave of cyberattacks on the country's financial firms.
Decrypt · +9 outlets
Coinbase says customer contact info exposed in analytics vendor breach, funds safe
The incident adds Coinbase to a growing list of crypto firms whose customer data has been exposed through third-party vendors.
CoinDesk · +14 outlets
Bitcoin tracks weakest October in six years as buyers retreat ahead of Fed decision
Bitcoin is on pace for its weakest October in six years as buyers step back before the Federal Reserve's rate decision and the Nov. 3 midterms.
finance.yahoo · +5 outlets
Google to preview new crypto security system as private-key hacks mount
The preview lands as private-key thefts and wallet exploits mount across the crypto industry.
CoinDesk · +4 outlets
Bitcoin treasury firm Datavault AI plunges 50% after saying it can't access its BTC
The disclosure that a public company cannot access its bitcoin holdings underscores counterparty and custody risk in corporate BTC treasuries.
CoinDesk · +3 outlets
Canada's draft stablecoin rules cap redemption fees at 1% and ban yield
The draft rules would impose fee caps and prohibit yield on stablecoins, shaping how issuers can operate in Canada.
Decrypt · +14 outlets
Keystone to destroy almost 19,000 wallet devices after security breach
The company is destroying nearly 19,000 devices after a stolen key enabled counterfeit units, a supply-chain risk for hardware wallet users.
CoinDesk · +14 outlets
Strategy pauses bitcoin buying as crypto slides on risk-off sentiment
The pause marks a shift for the largest corporate bitcoin holder as the market turns risk-off.
Yahoo Finance · +13 outlets
Ethereum developers fix Glamsterdam bug that could have misdirected staking deposits
The fix prevents a bug that could have diverted staking deposits to block builders ahead of the Glamsterdam upgrade.
CoinDesk · +4 outlets
Brazil's largest lender becomes first bank to formalize crypto brokerage under new rules
The move makes the Brazilian lender the first bank to formalize crypto brokerage under the country's new rules.
CoinDesk · +5 outlets
Bitmine buys more ETH and repurchases $46 million in shares as Tom Lee stays bullish
The continued accumulation by corporate treasury firms comes even as bitcoin trades below $80,000.
CoinDesk · +14 outlets
Bessent puts crypto alongside AI and chips in U.S.-China tech race at Ripple conference
The Treasury secretary framed crypto as part of the broader U.S.-China technology competition, elevating its policy profile.
CoinDesk · +14 outlets
DBS says nearly 90% of large businesses are embracing tokenized cash for payments
Nearly 90% of large businesses are embracing tokenized cash to speed up payments, according to the bank.
CoinDesk · +1 outlets
NBA joins CFTC prediction markets as NFL pushes back
The NBA's move contrasts with the NFL's court challenge as sports leagues split over CFTC-regulated prediction markets.
CoinDesk · +10 outlets
Securitize adds Stellar blockchain as institutional tokenization gathers steam
The addition of Stellar expands the platforms available for regulated real-world asset tokenization.
CoinDesk · +1 outlets
Intel, Oracle, IBM join objections to OKX-ICE tokenized stock venue, total hits 26
Intel, Oracle and IBM joined the growing list of firms objecting to the OKX-ICE tokenized stock venue, bringing the total to 26.
Decrypt · +5 outlets