Retail investing and trading platform Robinhood has announced its financial results for the second quarter of 2024, and cryptocurrency trading played a significant role in the company's impressive performance. Robinhood reported a 40% year-over-year surge in total net...
Tokoyo-based Metaplanet Inc. has secured a one billion yen ($6.8 million) loan to further expand its Bitcoin holdings, according to the latest update from the firm. According to the firm, the loan was secured at an annual interest...
The U.K.'s Financial Conduct Authority (FCA) has evaluated cryptocurrency firms' compliance with the new financial promotion regulations introduced in October 2023 to enhance consumer awareness of crypto investment risks. During the evaluation, the FCA examined how companies implemented...
The International Monetary Fund (IMF) is in talks with the El Salvadoran government to support local policies that will address the country's macroeconomic imbalances and enhance its medium-term growth prospects and resilience. According to a recent statement from...
A top official in the Indian Ministry of Finance has stated the country has no plans to introduce legislation to regulate cryptocurrency sales and purchases. In a written response to the Parliament's lower house request, Minister Pankaj Chaudhary...
The Uniswap Foundation, the non-profit responsible for managing Uniswap DEX, has released its financial report for Q2 2024. As of August 7, the Foundation reported that it has $36.81 million in cash and stablecoins in its reserves, with...
Mox, a virtual bank backed by Standard Chartered, has announced its entry into the cryptocurrency exchange-traded fund (ETF) market, becoming the first virtual bank in Hong Kong to offer such investment products. The move, announced today, August 7,...
CoinDCX has announced the establishment of a Rs 50 crore (about $5.9 million) Crypto Investors Protection Fund (CIPF). This initiative aims to compensate users for losses resulting from security breaches on the platform. The announcement comes in the...
Ethereum co-founder Vitalik Buterin recently outlined his vision for achieving seamless cross-chain interoperability among Ethereum Layer 2 networks. In a series of posts on X on August 5, Buterin expressed confidence that current interoperability challenges in the Layer...
In its recently released financial report for the second quarter of 2024, European Bitcoin miner Northern Data reaffirmed that it is still on track with its full-year financial goals. The company reported revenue of EUR 26 million for...
