Payward, the parent company of Kraken, reported $508 million in adjusted revenue for the second quarter of 2026, up 17% year over year, while adjusted EBITDA dropped sharply to $23 million. Summary Payward reported $508 million in Q2 adjusted revenue, rising 17% from the prior year period. Adjusted EBITDA fell to $23 million from $80
Perpetual-futures volumes still run at a multiple of spot across most major tokens, while funding, positioning and liquidations set the tone intraday, he said Over the past 12 to 18 months, however, attention has moved from infrastructure toward applications and appchains that fit more familiar fintech and venture-capital frameworks, De Maere said. Fundamentals are starting
Harvard Management Company kept its position in BlackRock’s iShares Bitcoin Trust unchanged during the second quarter, ending two consecutive quarters of reductions in its publicly disclosed Bitcoin exposure. Summary Harvard held 3,044,612 IBIT shares worth $101.4 million at June 30, unchanged from March quarter-end. Harvard previously cut its IBIT share count 43% during first quarter
Stablecoin giant Tether has announced that KPMG U.S. completed the first independent audit of its reserves after years of struggling to get a Big Four accounting firm to do so. The San Salvador-based company, which issues the largest stablecoin in existence, USDT, said the audit was “the largest inaugural financial audit in history.” Tether for
Stablecoin giant Tether has announced that KPMG U.S. completed the first independent audit of its reserves after years of struggling to get a Big Four accounting firm to do so. The San Salvador-based company, which issues the largest stablecoin in existence, USDT, said the audit was “the largest inaugural financial audit in history.” Tether for
Cardano’s Dijkstra upgrade remains on its agreed technical scope and schedule, with developers targeting Linear Leios and Nested Transactions in the first phase before a separate Peras activation in 2027. Summary Cardano’s Dijkstra Phase 1 targets mainnet by year-end with Linear Leios and Nested Transactions included. Peras activation is planned for Q2 2027 through a
For most of their existence, prediction markets sat squarely outside mainstream finance: an interesting technological and cultural phenomenon, but too small, too thinly traded and too often associated with online gambling to attract meaningful institutional interest. That began to change in 2025, as trading volumes rose sharply, media attention intensified and regulatory clarity improved, making
An unnamed XRP Ledger startup being developed by former Ripple staffer Bias Goose will use RLUSD as a primary financial rail, according to a series of public posts published since Aug. 8. Summary RLUSD will underpin the unnamed XRP Ledger startup, according to former Ripple staffer Bias Goose. Bias Goose says the project will avoid
Earlier this month, as it became clear that the Digital Asset Market Clarity Act would not receive a vote prior to the Senate’s August recess, industry participants suggested that if Congress didn’t act, regulators could. It wouldn’t be exactly the same; regulators’ actions could be challenged in court and will be easier to undo by
Ripple CEO Brad Garlinghouse is scheduled to speak at the Wyoming Blockchain Symposium on Aug. 18, joining U.S. policymakers and financial industry executives as the debate over digital asset regulation moves into another important stretch. Summary Ripple CEO Brad Garlinghouse will discuss modernizing financial infrastructure at Wyoming Blockchain Symposium on Tuesday. SALT scheduled Garlinghouse’s session
