Ondo drops tokenized asset blockchain plans for private, high-speed trading network
The new network powers Ondo's recentlylaunched perpetual futures platform and will eventually support trading across onchain financial assets. Source:CoinDesk
Core Scientific revenue doubles in Q2 as AI colocation expansion accelerates
Core Scientific reported strong secondquarter revenue growth as AI colocation became its largest business, though a noncash accounting charge resulted in a…
Hyperliquid is taking crypto perps deep into DeFi’s ‘money LEGO’ land
Hyperliquid is capitalizing on the volume and depth of its order book by giving firms the option to compose with the platform’s shared liquidity, rather than…
Core Scientific lands AMD AI deal as bitcoin mining operation winds down
The agreement accelerates Core Scientific’s pivot from bitcoin mining toward AI data centers, following the termination of its ASIC agreement with Block.…
Binance makes fighting crypto crime more difficult, says new report
The New York Times says a quiet change to Binance's compliance rules is forcing international law enforcement to navigate slowmoving government treaties to get…
Boeing’s stock rallies as surprisingly large loss is offset by upbeat revenue and backlog
Sales outpace Wall Street expectations as defense business comes through while commercial airplane sales miss mark. Source:MarketWatch
Apple kept fake bitcoin wallet on App Store after $875,000 theft report, lawsuit alleges
A lawsuit alleges Apple kept a fake bitcoin wallet app on its store after one user reported an $875,000 theft, leading to another user having roughly $840,000…
BitMEX and BitMart may be first casualties of crypto trading slump
Trading volumes across major centralized platforms fell down to $1.05 trillion, marking the quietest stretch of activity for the digital asset market in over…
Small Business Forum’s Report to Congress Highlights Recommendations to Improve Capital-Raising Policy
The Securities and Exchange Commission released a report to Congress today highlighting policy recommendations from the SEC’s 45th Annual GovernmentBusiness…
Digital asset trading platform Uphold cuts 17% of global headcount as crypto winter bites
The crypto trading platform said the layoffs reflect a strategic shift toward its fastgrowing enterprise business. Source:CoinDesk
Kraken parent Payward acquires Magic Labs’ wallet business
The deal brings wallet technology to Payward’s enterprise platform, potentially reducing the number of infrastructure providers businesses need to integrate…
What are perps, anyway? Everything you need to know about crypto’s hottest trading instrument
Perps, which launched on BitMEX in 2016, have become one of the most traded financial products in the world. Source:CoinDesk