Coinbase shares fell in extended trading after the crypto exchange reported a second-quarter loss and lower revenue, overshadowing record market share and growth across stablecoins and derivatives. Summary Coinbase reported a loss of $1.36 per share, reversing earnings of $5.14 a year earlier. Quarterly revenue fell to about $1.2 billion from $1.5 billion in the
MoonPay has launched PayBox, a noncustodial payment vault that lets users prepare and execute crypto transactions or online purchases through ChatGPT and Claude. Summary PayBox connects with ChatGPT and Claude through custom connectors and natural-language commands. Users can buy, swap, bridge or deposit crypto and complete travel, dining and retail purchases. Passkey approvals and user-defined
Google is reportedly backing a proposed $15 billion financing package for an Anthropic-linked data center in Texas, extending an AI infrastructure boom that has also lifted Bitcoin miners expanding into high-performance computing. Summary Nexus is in advanced talks to raise $15 billion for its Hubbard, Texas, data-center campus. Google would guarantee parts of Anthropic’s leases
Crypto ownership in Canada has more than doubled since 2023, even as regulators warn that many investors still misunderstand platform protections and industry rules. Summary 25% of Canadians owned crypto in 2026, up from 10% in 2023. The Ontario Securities Commission survey found 59% of respondents were aware of crypto assets. Only about half of
Apple faces bipartisan pressure to rule out memory chips from two Chinese suppliers as an AI-driven shortage tightens global supply and raises production costs. Summary Six US senators asked Apple to reject memory chips supplied by China’s CXMT and YMTC. Apple must provide a formal commitment by Aug. 21, according to the lawmakers’ letter. Both
A major U.S. police organization has endorsed the latest CLARITY Act draft, but unresolved disputes over political ethics, DeFi protections and stablecoin rewards continue to threaten its passage before the Senate recess. Summary Major Cities Chiefs Association endorsed the CLARITY Act after lawmakers added new enforcement provisions. Polymarket traders place the bill’s chance of becoming
The company raised $544.5 million in one week by issuing common shares, bought no bitcoin with it, and put it in a reserve whose stated purpose is covering preferred dividends. The obligation runs $1.76 billion a year. The flywheel that made Strategy famous now turns in the opposite direction, and the coverage is calling it
Ethereum price remained trapped near $1,920 on July 30 as resistance below $2,000, restrictive US monetary policy, delayed crypto legislation, and broader market fear limited demand. Summary Ethereum price traded near $1,922, below resistance around $1,938 and the psychological $2,000 level. 4-hour momentum remains constructive, but a negative CMF reading shows weak capital inflows. US
The Bank of Korea has successfully completed live cross-border payment tests using tokenized central bank reserves under the Bank for International Settlements-led Project Agora, processing transactions across six currencies and multiple payment scenarios. Summary Bank of Korea completed live Project Agora payment tests using tokenized reserve funds across six currencies. South Korean banks tested cross
Adam Hollander has announced that he has stepped down as OpenSea’s chief marketing officer after serving in the role for roughly a year and a half, saying the decision was driven by personal priorities rather than the company’s business outlook. Summary OpenSea CMO Adam Hollander has announced his departure after serving in the role for
