Headlines

Adam Forsyth

Strategy posts $8.33B loss as Bitcoin holdings sink

Strategy reported an $8.33 billion second-quarter operating loss after Bitcoin’s 27% decline this year drove a sharp reduction in the value of its digital asset portfolio. Summary Strategy recorded an $8.32 billion unrealized digital asset loss during the second quarter. Its 843,775 BTC were worth $54.77 billion, below their $63.69 billion acquisition cost. The company…

Read More

South Korea Arrests Suspects in Fake FXRP Scam That Stole $8.6M in XRP

The scam targeted XRP holders through a fake investment platform that disappeared after collecting millions of dollars worth of digital assets. South Korean authorities have uncovered a cryptocurrency fraud case that exploited interest in a newly launched blockchain token. The operation targeted XRP holders through a fake investment platform that disappeared after collecting millions…

Read More

MoonPay launches PayBox for ChatGPT crypto payments

MoonPay has launched PayBox, a noncustodial payment vault that lets users prepare and execute crypto transactions or online purchases through ChatGPT and Claude. Summary PayBox connects with ChatGPT and Claude through custom connectors and natural-language commands. Users can buy, swap, bridge or deposit crypto and complete travel, dining and retail purchases. Passkey approvals and user-defined…

Read More

Coinbase shares fall after $1.36-per-share Q2 loss

Coinbase shares fell in extended trading after the crypto exchange reported a second-quarter loss and lower revenue, overshadowing record market share and growth across stablecoins and derivatives. Summary Coinbase reported a loss of $1.36 per share, reversing earnings of $5.14 a year earlier. Quarterly revenue fell to about $1.2 billion from $1.5 billion in the…

Read More

Canada crypto ownership jumps to 25% in 2026

Crypto ownership in Canada has more than doubled since 2023, even as regulators warn that many investors still misunderstand platform protections and industry rules. Summary 25% of Canadians owned crypto in 2026, up from 10% in 2023. The Ontario Securities Commission survey found 59% of respondents were aware of crypto assets. Only about half of…

Read More

ETH Holds Key Support but Bullish Momentum Fades

Ethereum continues to trade within a critical technical area after recovering sharply from its June lows. While the broader rebound remains intact, the latest price action suggests momentum is fading as buyers and sellers battle for control beneath major resistance. Ethereum Price Analysis: The Daily Chart On the daily timeframe, Ethereum remains below both the…

Read More