Crypto exchange Bitget plans to exit Japan and close all remaining positions by the end of 2023, citing regulatory challenges and strategic realignment.
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Tokenized Stock Trading Surged 288% In July, But One QQQ Token Drove Most Of It
Tokenized stock trading surged 288% in July, with a single QQQ token accounting for most of the increase, raising questions about market activity and investor interest.
Tether Posts $1.5 Billion Operating Profit In Q2 As Reserve Buffer Falls By Half
Tether posted a $1.5 billion operating profit in Q2, while its reserve buffer halved, raising questions about its financial stability and backing.
Robinhood Slides 4% Despite Earnings Beat As Crypto Revenue Cools
Robinhood’s stock fell 4% after beating earnings estimates, but a slowdown in crypto revenue weighed on investor sentiment amid broader market concerns.
Michael Saylor’s Strategy Boosted Cash Reserve To $3.75 Billion, Repurchased $25 Million Of STRC
Michael Saylor’s approach increased his company’s cash reserves to $3.75 billion and included a $25 million stock repurchase of STRC, according to recent reports.
The Relay Market Powering Token Resellers And Fraud
Investigations reveal a growing relay market enabling token resellers and facilitating fraud, raising concerns over security and market integrity.
Tassat Wants To Help Smaller Banks Tap The Trillion-dollar Stablecoin Boom Before Wall Street Lock Them Out
Tassat plans to enable smaller banks to participate in the trillion-dollar stablecoin boom, potentially opening new revenue streams amid growing crypto adoption.
Codeberg Bans Cryptocurrency Projects
Codeberg has announced a ban on hosting cryptocurrency-related projects, citing concerns over misuse and regulatory issues. The move impacts developers on the platform.
$50 Polymarket referral code “CUSE” upgraded for World Cup semifinal matches on Tuesday and Wednesday in CA, NY, and FL
Polymarket has upgraded its $50 referral code ‘CUSE’ for betting on the World Cup semifinals, available in CA, NY, and FL on Tuesday and Wednesday.
The UK has finally shown it’s serious about crypto
The UK government has introduced comprehensive crypto regulations, marking a significant shift in its approach to digital assets and blockchain technology.