DefiLlama delayed app launch over App Store phishing impersonators

DefiLlama delayed the launch of its mobile app while it spent months trying to get Apple to remove phishing apps from its App Store that impersonated the analytics provider, according to the company’s pseudonymous founder, 0xngmi. “We waited ‘till all the fake apps were taken down before we launched ours to avoid any user getting

Judge Bars Kalshi From Many Washington Prediction Markets

A Washington state judge has ordered prediction market platform Kalshi to stop offering a broad range of event contracts in the state, rejecting its argument that federal commodities law preempts Washington gambling law. King County Superior Court Judge John McHale barred Kalshi from offering contracts tied to sports, elections, politics, entertainment, culture, tech and science

Gemini Q2: $108M Net Loss Despite 37% Revenue Growth

Cryptocurrency exchange Gemini reported a 37% year-over-year increase in second-quarter revenue to $45.5 million, while posting a $107.7 million net loss as exchange trading weakened. Exchange revenue fell 38% to $12.5 million as trading volume dropped to $3.8 billion from $11.3 billion, the company said Thursday. Services revenue climbed 149% to $23.5 million, led by

SEC Clears Franklin Templeton to Invest in On‑Chain Money Fund

Franklin Templeton received the regulatory nod to invest in its own blockchain-based money-market fund under specific guardrails, without having to adhere to physical custody regulations. The Securities and Exchange Commission (SEC) issued a no-action letter on Wednesday stating it won’t take enforcement action if Franklin Templeton fund managers invest cash in the Franklin OnChain U.S.

Fidelity Files to Add Staking for Its Ethereum ETF

Fidelity Investments plans to add staking to its spot Ether exchange-traded product, the Fidelity Ethereum Fund (FETH), according to its Tuesday filing with the US Securities and Exchange Commission (SEC). The asset manager said FETH could stake up to 100% of its Ether under normal conditions, excluding ETH reserved for redemptions, expenses and liquidity needs.

eToro to acquire TradeZero after crypto revenue falls 30%

Trading platform eToro plans to acquire US online brokerage TradeZero as part of its US expansion plans, the company announced Tuesday. In its second-quarter report, eToro reported $1.59 billion in revenue, down from $2 billion in the comparable 2025 period. Of that, $1.34 billion was revenue from crypto assets, down about 30% from $1.9 billion

Strategy Sells 1,690 BTC to Fund $108.6M STRC Buyback

Strategy, which holds the largest corporate Bitcoin treasury, sold BTC for the second week in a row to repurchase its STRC preferred stock. The company sold 1,690 Bitcoin for $108.6 million between Aug. 3 and Aug. 9, according to a Monday 8-K filing with the US Securities and Exchange Commission (SEC). Strategy used the proceeds

BIP-110 Branch Stalls After Two Blocks as Gap Widens

Bitcoin’s BIP-110-enforcing branch stalled at block 961,633 on Sunday after producing only two blocks, while the non-enforcing chain advanced to 961,721, widening the gap to 88 blocks.  According to the BIP-110 monitor, updated at 10:19 am UTC, the branch’s latest block had been mined about 12 hours earlier. Ocean records show that a pseudonymous mining

IMF: Local Stablecoins Could Drive Dollar Token Demand

Domestic-currency stablecoins intended to curb reliance on dollar-backed tokens could instead make it easier for users to move funds into digital dollars, according to a senior International Monetary Fund (IMF) official. On Friday, IMF First Deputy Managing Director Dan Katz said that once local and dollar stablecoins operate on the same blockchain infrastructure, users can

CleanSpark Q3 Revenue Misses Estimates, Shares Slip

Nasdaq-listed Bitcoin mining company CleanSpark reported $138 million in revenue for the third quarter of fiscal 2026. The $138 million represented a 30.5% year-over-year decrease from $198 million, according to its quarterly results published on Thursday. CleanSpark also reported a net loss of $239 million, or $0.89 per basic share, for the three months ended
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