Coinbase Stock Falls After Q2 Outcomes: Firm Contests FDIC’s Move To Throw Out Lawsuit
On 31 July 2025, Coinbase published its financial results, showcasing both profits and significant losses. The US-based cryptocurrency trading platform reported a net income of $1.43 billion for Q2 2025, an increase from $36.13 million in the same quarter of the previous year.
SEC Initiates Project Crypto to Transition Markets to Blockchain
The U.S. Securities and Exchange Commission is entering the distributed record age with a bold new project named Project Crypto. Led by Chair Paul Atkins, the agency's goal is to modernize financial markets by transitioning essential infrastructure such as trading, custody, and fundraising
Robinhood Posts 45% Year-Over-Year Increase in Revenue, Kraken Experiences 18% Rise
Robinhood and Kraken highlight the robustness of the crypto-fintech sector, thriving despite navigating turbulent trading market conditions. Robinhood has disclosed total revenue of $989 million, an impressive 45% increase year-over-year and a 7% rise compared to Q1. On July 30, 2025, Robinhood announced
U.S. Exchanges Urge SEC to Accelerate Regulations for Crypto ETF Listings
Cboe BZX and NYSE Arca have grown impatient. The two exchanges have lodged proposals asking the SEC to simplify and expedite the listing of crypto ETFs. If the rule adjustment is sanctioned, they wouldn't need to file a distinct request for each product.
Revolut Aims for US Bank Acquisition to Expedite Its American License Application
The British fintech and neobank Revolut is contemplating the purchase of a US bank to hasten its penetration into the American trading market. As per a recent article in The Financial Times, published on 30 July 2025, Revolut is targeting the acquisition of
CoinDCX Purchase By Coinbase Allegedly In Final Phases At Below $1B Valuation
The acquisition of CoinDCX by Coinbase is said to be in advanced stages, following a recent $44 million cryptocurrency theft that targeted the trading protocol. A regional news outlet, referencing unnamed sources, published an article on 29 July 2025, indicating that the valuation
China Industrial Bank Accelerates AI Stablecoin Development to Compete with Dollar
China Industrial Bank (CIB) is enhancing its digital strategy by introducing an AI-driven stablecoin, with the goal of reducing reliance on the US dollar in global finance. This initiative is part of its broader transformation from a digital to a smart bank. The
[LIVE] BTC Remains Stable Over $118K Before FOMC As ETH ETF Sets New Records – Which Altcoins Are the Top Investment Options?
The crypto asset market experienced a slight dip today, with total capitalization decreasing by 2% to $3.91 trillion. As the FOMC meeting approaches later today, heightened price swings is anticipated, as investors look for crucial cues from the Federal Reserve. According to the
Tron Inc Submits Application to Secure $1 Billion Following Merger
Tron Inc has submitted a filing to the SEC to secure as much as $1 billion via a mix of debt and equity. The organization, previously known as SRM Entertainment, has recently merged with Justin Sun’s Tron initiative. This filing follows a significant
