BitGo posts $19M Q2 loss despite 80% revenue surge to $4.3B
An $18.8 million unrealized digital asset loss and weaker trading margins pushed BitGo into the red in the second quarter. Source：Cointelegraph
Copper US arm becomes FINRA member, SEC-registered broker-dealer
Copper Markets US will offer qualified custody, staking, financing and OTC services after securing its regulated US presence. Source：Cointelegraph
Arizona crypto ATM law helps 35 scam victims recover $171K
Qualifying new customers can receive full reimbursement, including fees, if they notify both the operator and law enforcement within 30 days.…
Prediction markets should dial back faulty filings for incentives to boost trading: CFTC
The U.S. regulator of platforms such as Kalshi and Polymarket suggests the industry is getting into bad compliance habits that may allow for market abuse.…
Morgan Stanley's infrastructure partner Zerohash rebuffed in pitch to be U.S. trust bank
Zerohash, which handles crypto plumbing for Morgan Stanley's ETrade, said it's planning on refiling and hoping for a swift resolution. Source：CoinDesk
Hawaii crypto ATM ban to take effect on Oct. 1
Hawaii will join Minnesota, Tennessee and Indiana in becoming the fourth US state to completely ban the use of cryptocurrency ATMs and kiosks in response to…
Cisco sees record results from an AI ‘supercycle,’ but its stock pulls back
An 18% revenue surge and blowout 2027 forecast weren’t enough to sustain Cisco’s stock momentum. Source：MarketWatch
Goldman’s latest deal underscores how ‘boomer candy’ ETFs are now big business on Wall Street
Goldman Sachs announced Wednesday that it has agreed to buy Neos Investments, adding yet another ETF shop to its fastgrowing assetmanagement business.…
Chip stocks are closing in on a bull market. Here’s why some analysts are nervous.
Wall Street is excited about growing backlogs at some AI infrastructure companies, but some experts caution that there’s no guarantee all those orders will be…
The 10 housing markets where the most sellers have listed their homes for less than what they paid
In some Sun Belt areas, nearly 1 in 5 sellers is asking for less than what they paid. Source：MarketWatch
Kraken adds S&P 500 to funded trading program, commodities to follow
Kraken’s funded trading program adds roundtheclock exposure to the US equity benchmark as it builds out its multiasset offering. Source：Cointelegraph
Alphabet’s stock slips as Nvidia’s $500 billion financing deal threatens custom chips
Investors are concerned that Alphabet faces a fresh threat from Nvidia’s plans to help fund the AI buildout alongside major Wall Street players.…