Galaxy Digital shares slip 5% after second-quarter results
Helios produced datacenter revenue for the first time with Phase I expected to generate about $80 million quarterly from Q3. Source:CoinDesk
ADP says businesses add the fewest new jobs in six months. Labor market is still sluggish.
ADP said U.S. businesses created just 44,000 new jobs in July — the smallest increase in six months — in another sign of a sluggish labor market in which…
Yellow Card raises $40 million to link banks to stablecoin processing
The funds bring Yellow Card’s total financing to more than $120 million since being founded 10 years ago. Source:CoinDesk
Boerse Stuttgart Digital, Tradias close European crypto merger
The completed tieup combines Boerse Stuttgart Digital’s custody business with Tradias’ trading operations under a joint management team. Source:Cointelegraph
SpaceX tops Wall Street revenue forecast, posts $540 million loss on bitcoin holdings
Elon Musk's space company posted its first earnings as a public company ahead of a major insider share unlock. Source:CoinDesk
Open USD rattled Circle's stock, but its key backers still support USDC
Executives at Coinbase, Visa and Mastercard said they plan to support multiple stablecoins, suggesting Open USD is another payments rail rather than a direct…
Samsung is poised to become a dominant stablecoin distributor, analysts say
Samsung seeks to turn 800 million Galaxy phones into wallets for digital assets and blockchain payments, backed by a deeper play in crypto infrastructure.…
Wells Fargo joins JPMorgan and Citi in the race to tokenize Wall Street’s settlement rails
Payments will run on the bank’s proprietary blockchain and be routed automatically through its existing client interface. Source:CoinDesk
Dinari brings tokenized U.S. stocks to American investors as equity race heats up
The move brings the custodial tokenization model to eligible U.S. investors as competition over blockchainbased equities intensifies. Source:CoinDesk
BNY to add crypto staking to digital asset custody platform
The custody bank has selected Galaxy to provide staking infrastructure as it broadens services for institutional crypto investors. Source:CoinDesk
BlackRock debuts tokenized access to $311 billion of money market funds in Europe
Earlier this week, BlackRock expanded its U.S. tokenized cash platform which involved offering onchain shares of an existing fund, plus a new daily…
Live updates: Bitcoin at $63,600 as rare US-Japan yen action tests carry-trade fears
Japan may have spent as much as $36.6 billion buying yen in the first joint USJapan action to support the currency since 1998. Bitget Wallet’s Alvin Kan says…