Card growth lifted total revenue, but trading volume fell about 66% and year-over-year operating costs remained elevated.
The post Latest Gemini earnings expose crypto’s new exchange reality – more total revenue, less crypto trading appeared first on CryptoSlate.
Binance said it will no longer process transactions from 16 exchanges, including five already blocked, citing regulatory compliance needs.
Kraken parent Payward posted $508M in Q2 adjusted revenue, up 17%, as funded accounts grew 42% to 6.6M and volume fell 13% to $310B.
Gemini’s prediction market volume nearly doubled as the exchange continued expanding beyond crypto trading.
Mayor Brandon Scott and the Baltimore City Council sued Kalshi, Polymarket and major trading platforms over alleged illegal sports betting.
Gen Z's shift towards ETFs indicates a trend towards more cautious, long-term investment strategies, potentially stabilizing future markets.
The post Gen Z traders lean into ETFs as risk appetite cools amid market slowdown, Binance Research finds appeared first on Crypto Briefing.
The Bank of Russia’s proposed gate caps non-qualified residents at ₽300,000 per broker while qualified investors retain broader access.
The post Russia picks Bitcoin, Ethereum and USDT for public trading as retail faces $58,000 cap appeared first on CryptoSlate.
There is a clear divergence for Robinhood Chain in the number of transactions and TVL growing against a stagnating user base.
A 43-account launch roster says trusted access, sufficient compute and secure environments are becoming a defensive requirement.
The post Coinbase, Strategy, and Blockstream back AI access push after vetted Bitcoin researcher gets blocked appeared first on CryptoSlate.
Civil creditors could compel custodians to freeze, disclose, transfer, swap and sell debtors’ assets if the rules advance.
The post South Korea puts crypto exchanges on a seven-day clock under new seizure rules appeared first on CryptoSlate.
The full confirmed balance was swept through transactions paying a historically Binance-attributed wallet, leaving customer deposit and internal staging unresolved.
The post A mysterious whale just funneled 6,494 BTC into Binance, triggering massive sell-off fears appeared first on CryptoSlate.
New positions stop Aug. 26, while contracts left open face a wind-down that ends in forced closure Sept. 23.
The post Traders holding $39.5 million in BitMEX Bitcoin perps have 16 days to exit before forced closures begin appeared first on CryptoSlate.
U.S. persons must block and report covered property while foreign institutions risk sanctions for significant continued dealings.
The post US sanctions exposed a $6.3 billion crypto pipeline linking Iran and Russia appeared first on CryptoSlate.
The law names “HTX (HUOBI GLOBAL SA),” while HTX previously said in a UK case that the company is separate from its online platform.
The post Crypto holders face an August 23 deadline to figure out who controls HTX or risk violating EU sanctions appeared first on CryptoSlate.
The launch adds crypto alongside stocks, ISAs, options, and futures in the UK as Robinhood continues to expand its broader crypto ecosystem.
Withdrawals close at 14:00 UTC, then thin markets could determine what automatic liquidation returns.
The post Crypto holders face an Aug 27 deadline to save 21 tokens before Kraken liquidates them into thin order books appeared first on CryptoSlate.
A customer opens an exchange account, copies a string of numbers and follows a path through a Merkle tree. The page processes the request and returns a reassuring result: the customer’s balance was included in the exchange’s proof of reserves. The verification is most likely technically sound, establishing that the account appeared in a dataset […]
The post Four years after FTX, crypto exchanges still prove assets without proving solvency appeared first on CryptoSlate.
Bybit sued North Korea, its Reconnaissance General Bureau, and Lazarus Group in the US District Court for the District of Columbia. The exchange won a preliminary injunction blocking unnamed defendants from moving or selling stolen crypto. Public court reporting describes the order as covering those identified assets, without confirming the full $1.5 billion stolen in […]
The post This $1.5 billion hack is exposing just how ‘irreversible’ stolen crypto really is appeared first on CryptoSlate.
At 10:47 a.m. ET, LRC-USD was still limit-only while 74% of displayed volume sat on four outside venues.
The post Coinbase is pulling Loopring trading today – finding a safe place to sell LRC tokens is getting complicated appeared first on CryptoSlate.
"Coinbase's averments are, in a word, applesauce," U.S. District Judge Shalina Kumar wrote in Thursday's ruling.
"Coinbase's averments are, in a word, applesauce," U.S. District Judge Shalina Kumar wrote in Thursday's ruling.
A filing-derived volume-times-spread proxy slipped 1.6% year over year and 38.3% from June despite the wider company-defined spread.
The post CoinDesk owner Bullish volume fell 43%, but a 72% spread jump nearly offset the annual decline appeared first on CryptoSlate.
Base is seeing growing demand across tokenization and payments, and Pollack called blockchain launches from Robinhood and Stripe "validation."
Base is seeing growing demand across tokenization and payments, and Pollack called blockchain launches from Robinhood and Stripe "validation."
Coinbase UK CEO Keith Grose said the launch is part of the exchange's broader push to bridge traditional and onchain finance.
Covered users must close positions and withdraw by 23:59 UTC, while the wider platform keeps two Aug. 26 clocks.
The post BitMart gives US users just days to pull crypto before aggressive new compliance checks risk freezing their assets appeared first on CryptoSlate.
While previously xStocks holders had no voting rights, this deal will allow eligible investors to submit proxy voting preferences.
Robinhood and Coinbase saw crypto trading activity slump alongside broader market conditions, but one managed to offset that weakness.
The firm also offloaded a small amount of Solmate stock as it continues to rebalance its fund weightings amid market volatility.
Binance has launched Lite Loan, a bitcoin-backed borrowing product that lets eligible users borrow up to $1,000 in USDT.