Robinhood slides 4% despite earnings beat as crypto revenue cools
Robinhood (HOOD) topped Wall Street's second-quarter expectations, but shares fell about 4% in after-hours trading, adding to their 3.1% decline during Wednesday's session.
Crypto
Tennessee county passes another ban on crypto operations
A group of 12 county commissioners voted unanimously to ban mining facilities and data centers in unincorporated areas as it deals with a lawsuit by a digital asset company.
Bitcoin price wedged into ‘most divided’ FOMC as Iran war spikes oil prices 8%
Bitcoin traders weathered an oil-price surge and ongoing Asia chip-stock sell-off into the Federal Reserve interest-rate decision.
Microsoft Quietly Adds New Windows App That Wants to Scan Your Face
Some Windows 11 users are discovering a new Microsoft app they never installed. Called OneDrive Photos, it automatically indexes local images and offers AI-powered search and optional facial grouping.
Robinhood Posts Best Quarter Ever as Prediction Market and Robinhood Chain Take Off
Robinhood reported second-quarter earnings Wednesday and posted record quarterly revenue of $1.31 billion in Q2, up 32% year-over-year, beating Wall Street's estimate of $1.26 billion. The company is expanding into pred…
US prosecutors propose changes to CLARITY as voting window narrows: Report
A White House crypto adviser said that the proposed changes to the CLARITY Act were “not even close” to the administration’s position, signaling another fight over the bill.
Cost to insure AI debt reaches record high amid Asian semiconductor tumble
Korean equities saw the second day of a historic sell-off on Wednesday with market-wide circuit breakers again halting trading. Combined with Tuesday’s drop, the KOSPI has now shed nearly 17%, wiping out $620 billion in…
Raoul Pal Reveals the Next 100x Crypto Trade and It Is Not Bitcoin, Ethereum or XRP
Raoul Pal has built a reputation for identifying macro trades before they become consensus. The former Goldman Sachs hedge fund manager and Real Vision founder is now making the case that the next crypto opportunity is …
Tether USAT Launches on Celo Going Beyond Ethereum for First Time
Tether launches GENIUS Act-compliant USAT on Celo, marking its first expansion beyond Ethereum.
Binance launches regulated gold, silver options through ADGM exchange
New commodity options let traders gain exposure to gold and silver prices through Binance’s Abu Dhabi-regulated exchange.
Will Q3 Finally Change NEAR Price Trend?
NEAR price still remains below $2 despite major protocol developments during Q2.
OpenAI's Rogue AI Hacked Four More Platforms Besides Hugging Face
One week after OpenAI confirmed its AI models hacked Hugging Face to cheat on a security benchmark, the company quietly updated its incident post with something it hadn't said before: Hugging Face wasn't the only platfo…
What is Zcash (ZEC)? The Privacy Coin Using Zero-Knowledge Proofs
For many years, Bitcoin was used to buy drugs online because it was believed to be anonymous. Turns out, it’s surprisingly easy to track Bitcoin transactions. Zcash, on the other hand, is a cryptocurrency that promised …
Bitcoin, Ethereum Wobble as Fed Holds Rates Steady
The Federal Reserve held interest rates steady at 3.5%–3.75% on Wednesday, meeting near-universal market expectations and leaving crypto markets to digest a muted response—even as equities sold off on a combination of h…
MoonPay vault enables ChatGPT and Claude users to authorize crypto transactions
MoonPay’s PayBox vault lets ChatGPT and Claude users authorize crypto purchases, token swaps and crosschain transactions while retaining custody of their assets.
Nasdaq 100 Falls as China Chip Concerns Weigh on AI Stocks
The post Nasdaq 100 Falls as China Chip Concerns Weigh on AI Stocks appeared first on Coinpedia Fintech News
AI Book Burning? Companies Are Destroying Millions of Books to Feed Chatbots
Like a scene out of the classic dystopian novel “Fahrenheit 451,” some AI companies aren't just reading books—they're destroying them.
Grayscale CEO Files to Sell XRP ETF Shares as GXRP Shrinks
Crypto asset manager Grayscale CEO Peter Mintzberg files to sell 2,611 shares of GXRP ETF.
HYPE Price Slides as Whale Selling Grows, But Grayscale Sees Long-Term Value
The post HYPE Price Slides as Whale Selling Grows, But Grayscale Sees Long-Term Value appeared first on Coinpedia Fintech News
Bitcoin Price Live: Whale Liquidity on Binance Falls Ahead of FOMC Decision
The post Bitcoin Price Live: Whale Liquidity on Binance Falls Ahead of FOMC Decision appeared first on Coinpedia Fintech News
Uniswap Price Surges 6% After Wintermute’s $1M Move: What’s Next For UNI?
The post Uniswap Price Surges 6% After Wintermute’s $1M Move: What’s Next For UNI? appeared first on Coinpedia Fintech News
SEC Ready to Provide Crypto Rules if Clarity Act Flounders: Chair Atkins
The SEC will write crypto market rules itself if Congress fails to pass the Clarity Act, chairman Paul Atkins said. The agency is "ready, willing, and able to come out with rules" covering the same ground, he told CNBC …
XRP News: OSL Launches Hong Kong’s First Licensed Retail XRP Trading
OSL Group has launched retail XRP trading on its SFC-licensed exchange, becoming the first regulated platform to offer the cryptocurrency to retail investors in Hong Kong. The exchange will support flash trading and OTC…
The inside story of how a hike in Hong Kong changed crypto trading forever
It was sometime in 2015, on a hiking trail in Hong Kong, that the perpetual swap — also called a perpetual future or a “perp” for short — was born. Ben Delo, the mathematician and co-founder of BitMEX, was walking with …