Headlines

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…

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Samsung SDS Plans Stablecoin Expansion With Upbit Operator Dunamu

Key Takeaways CEO Lee Jun-hee said Samsung SDS will combine its cloud expertise with Dunamu’s blockchain technology. Samsung SDS cited stablecoin issuance-to-settlement validation as a key competitive capability. Samsung SDS said its Dunamu investment will expand opportunities in digital asset infrastructure. President and CEO Lee Jun-hee outlined the strategy during Samsung SDS’s second-quarter 2026 earnings…

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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…

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Apple faces Aug. 21 Senate deadline over China chips

Apple faces bipartisan pressure to rule out memory chips from two Chinese suppliers as an AI-driven shortage tightens global supply and raises production costs. Summary Six US senators asked Apple to reject memory chips supplied by China’s CXMT and YMTC. Apple must provide a formal commitment by Aug. 21, according to the lawmakers’ letter. Both…

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Australia Looks to Italy for the Next Phase of Its Social Media Ban

Australia banned social media for under-16s. Italy just built something Australia’s law doesn’t have: a place for teenagers whose digital habits were already unhealthy before any ban existed. Florence has opened Italy’s first youth digital addiction centre, and its focus on counselling and community support, rather than restriction, gives Australia a preview of a problem…

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