Key Takeaways Swissquote’s H1 2026 crypto income plummeted 66.2% to nearly $18M, driving a $6.5M valuation loss on SQX. The crypto slump dragged Swissquote shares down 12% as weak bitcoin trading hit retail digital assets. Swissquote lowered its 2026 revenue target to $897M, but kept its approximately $615M profit goal for 2028. Crypto Revenue Plunges…
Key Takeaways On Aug. 13, Simon Harris launched Ireland’s 5-priority anti-money laundering plan. New rules target crypto assets and higher-risk firms across 5 key areas. Next, Ireland will align with new EU laws to prepare for its 2026 FATF evaluation. Alignment with Risk Assessment and Strategic Goals Ireland unveiled its first national anti-money laundering strategy…
Key Takeaways Arizona’s attorney general assisted 35 crypto ATM scam victims with $171,332 in refunds. Mandatory refunds cover only customers with an operator for fewer than 10 days. Victims must contact the operator and authorities within 30 days. How 35 Victims Obtained Full Refunds Full reimbursement reached 35 scam victims, Arizona Attorney General Kris Mayes…
Key Takeaways Grayscale sees fiscal pressure sustaining demand for scarce assets. Tokenization could bring bitcoin closer to traditional finance. Younger investors could reshape how portfolios incorporate bitcoin. Grayscale Says Bitcoin Adoption Can Outlast the Bear Market Bitcoin adoption can continue rising even if short-term prices remain unsettled, Grayscale Head of Research Zach Pandl said on…
Key Takeaways World Liberty won conditional OCC approval Aug. 14 for its $4 billion USD1 operation. OCC requires World Liberty Trust to hold at least $20 million in tier 1 capital. World Liberty has 18 months to open its bank after clearing OCC requirements. The Aug. 14 decision gives World Liberty Trust Company, National Association,…
Key Takeaways Bitwise partnered with Superstate to tokenize fund shares, with BSOL expected to be first. Bitwise’s $9B platform could push regulated ETF ownership further onto blockchain rails. BSOL tokenization still needs legal clearance as Bitwise reduces staff headcount. Bitwise Taps Superstate to Bring ETF Shares Onchain Bitwise Asset Management is preparing to bring shares…
Key Takeaways Kalshi removed all sports mention markets as the CFTC reviews them, NPR reports. Trump markets are 82% of the $1.16M in visible volume still listed on Kalshi. Washington bans the whole mentions category, with geofencing due by Sept. 2. Sports Mentions Are Gone but Trump Markets Are Still Trading Federal regulators have opened…
Key Takeaways SpaceX completed the Cursor merger at a $60 billion equity value. Cursor shareholders gained rights to 389.3 million SpaceX shares. The deal expands a partnership built around large-scale AI compute. SpaceX Closes $60 Billion Cursor Acquisition Space Exploration Technologies Corp. (Nasdaq: SPCX) completed its acquisition of Cursor on Aug. 14, making the AI…
Key Takeaways Bitcoin’s hashrate sits roughly 17% below its all-time high. Hut 8’s contracted AI infrastructure portfolio alone has reached $26.6 billion. CoinShares projects AI and HPC work could supply 70% of listed miners’ revenue by the end of 2026. Hashrate Pulls Back From Record Highs Bitcoin’s network hashrate, the combined computing power securing the…
The Testnet is now live and serves as the first phase of public testing before RealFi’s mainnet launch later this year. Participants can explore the full flow, from holding USDr to staking into sUSDr, and provide feedback that will help shape the mainnet release. USDr is designed as a liquid, stability-focused dollar test token. Users…
