Cryptocurrency
Gemini Posts $108M Q2 Net Loss as Revenue Rises 37%
Credit card and staking revenue drove Gemini’s services growth in Q2 as exchange revenue fell 38% and trading volume dropped by two-thirds.
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Cryptocurrency
Whale Places $203M Short Bet Against Tokenized SpaceX Stock
Key TakeawaysA whale placed $203.47 million in limit short orders on tokenized SPCX between $141.93 and $142.90.Tokenized SPCX volume hit $700 million over two days in early August around a 911.5 million-share unlock.Elon Musk separately disclosed a 48.4% SpaceX...
Cryptocurrency
SEC Cancels Key Crypto Regulatory Meeting
Cointelegraph is committed to providing independent, high-quality journalism across the crypto, blockchain, AI, and fintech industries.All news, reviews, and analyses are produced with full journalistic independence and integrity. For more details on our standards and processes, please read our...
Cryptocurrency
Delio CEO Sentenced to 15 Years in Prison on Crypto Fraud in South Korea
Cointelegraph is committed to providing independent, high-quality journalism across the crypto, blockchain, AI, and fintech industries.All news, reviews, and analyses are produced with full journalistic independence and integrity. For more details on our standards and processes, please read our...
Cryptocurrency
Tether (USDT) says it completed long-promised audit from KPMG, down to counting its gold bars
Tether said in March that it had hired a “Big Four” accounting firm to conduct its first full audit. KPMG is one of the Big Four, the group of accounting giants that also includes Deloitte, EY and PwC and...
Cryptocurrency
Monaco Submits Draft Bill to Align Crypto Rules With MiCA
Key TakeawaysMonaco submitted Bill No. 1131 on Aug. 6 to replace Law No. 1.528 and reform crypto rules.The CCAF will enforce MiCA and FATF standards following Monaco’s 2024 grey-listing.National Council approval of Bill No. 1131 will trigger secondary technical...
Cryptocurrency
BitGo Posts $19M Q2 Loss Despite 80% Revenue Surge
An $18.8 million unrealized digital asset loss and weaker trading margins pushed BitGo into the red in the second quarter.
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Cryptocurrency
Kraken Expands Prop Trading With S&P 500 Perpetual
Cointelegraph is committed to providing independent, high-quality journalism across the crypto, blockchain, AI, and fintech industries.All news, reviews, and analyses are produced with full journalistic independence and integrity. For more details on our standards and processes, please read our...
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Slavery reparations: Why Ghana is leading the demand for compensation
Yet, within Ghana itself, the conversation around African complicity is far more nuanced, and for some traditional leaders, acknowledging...