PayPal Betting Big on Stablecoins After Disclosing Q2 Results
PayPal processed a record $486.4 billion in payments during the second quarter and created a dedicated crypto division as it expands its digital asset strategy. PayPal has reported $486.4 billion in total payment volume for the second quarter on…
XRP Ledger urges node upgrade after manifest flood
Ripple Director of Engineering Vijay Khanna urged XRP Ledger node operators on Aug. 2 to install xrpld version 3.2.1 after developers observed a validator manifest flood on July 31. Summary July 31 manifest flooding prompted xrpld 3.2.1 while XRP Ledger…
Robinhood’s Q2 Revenue Hits Record $1.31B as Prediction Markets Fuel 10x Surge in Event Contracts
Robinhood generated $156 million from event contracts in a dramatic jump from the same quarter last year. Robinhood posted record second-quarter net revenue of $1.31 billion, up 32% year-over-year, as activity across prediction markets, options, and equities helped offset…
Coldcard users face urgent seed migration warning
Dogecoin community contributor Mishaboar urged Coldcard users on Aug. 1 to move their Bitcoin to wallets controlled by newly generated seed phrases. Summary 1,367.05 BTC worth $88.6 million was drained from 4,585 addresses across three suspected attack waves. Coinkite says…
Allbridge Pauses Protocol After $1.65M Exploit Drains Stablecoin Liquidity Pools
Allbridge has asked users to withdraw liquidity immediately after a $1.65 million exploit. Cross-chain stablecoin bridge, Allbridge Core, suffered a security exploit that resulted in losses of approximately $1.65 million, according to blockchain security firm PeckShield. The firm said…
3 AIs Give Surprising Answers
SOL is the “easiest pick,” ChatGPT said. The prolonged bear market has left numerous crypto investors underwater, as prices of countless digital assets have crashed by double digits over the past several months. Despite the grim reality, the current…
Crypto Is No Longer the ‘Belle of the Ball,’ Warns Bitwise’s Matt Hougan
Crypto winter looks different this cycle as capital rotates toward smaller assets with credible fundamentals instead. Bitwise Chief Investment Officer Matt Hougan said the “brutal” cryptocurrency market is no longer the “belle of the ball,” as digital assets are…
Bitcoin Traders Dump Long Bets as $636M Gets Wiped Out in One-Day Rout
Key Takeaways Bitcoin fell to $61,310 before fluctuating near $64,000 amid a major crypto market downturn. A massive market sell-off triggered $1.73 billion in total leveraged liquidations across platforms. Bitget Wallet warns that persistent outflows could force a future bitcoin…
Pudgy Penguins Launches New Collection in Partnership With Asset Manager VanEck
Pudgy Penguins Launches New Collection in Partnership With Asset Manager VanEck Source link
JPMorgan warns CLARITY Act window may be closing fast
The chances of passing the CLARITY Act this year have narrowed as lawmakers face a crowded legislative calendar and unresolved disputes over key provisions, according to JPMorgan analysts. Summary JPMorgan analysts said the window for passing the CLARITY Act is…
Doodles Launches Historic NFT Collection in Partnership With the Piet Mondrian Estate
Doodles Launches Historic NFT Collection in Partnership With the Piet Mondrian Estate Source link
Bitcoin News Today: BTC Fully Retraces its Pre-Iran Conflict Pump
In Bitcoin news today, the BTC price has fully retraced to its pre-Iran conflict lows, dropping -5.5% to $61,322 in early Singapore trading on June 4, its weakest level since February 6, 2026, before recovering to around $64,200 by early…
Bitcoin ETFs Hit 13-Day Outflow Streak With $396M Exit
Key Takeaways Bitcoin ETFs lost $396.6M on June 3, with Blackrock IBIT shedding $342.3M. Ether, solana, and XRP ETFs saw outflows; ETHA drove a 17-day ether losing streak. HYPE ETFs gained $2.99M via 21Shares THYP, standing alone against broader weakness….
SpaceX Targets Record $75 Billion IPO as Bitcoin Treasury and Liquidity Risks Draw Focus
Elon Musk’s Space Exploration Technologies Corp. is charging toward what could be the most consequential stock market debut in history — and the ripple effects are already being felt across the cryptocurrency market. SpaceX has outlined plans for a record…
Ripple News and XRP Price Update Today: June 4
Check out the latest news and developments surrounding Ripple’s ecosystem. Ripple’s native token has plunged alongside the rest of the crypto market, recording a steep drop in recent days. This comes even as the company continues to expand globally…
Coinbase Wins CFTC Approval to Offer Crypto Perpetual Contracts to U.S. Traders
landmark regulatory decision opens access to the most traded category of crypto derivatives — long off-limits to American investors For years, American crypto traders watched from the sidelines as their counterparts abroad freely traded perpetual futures — the most popular…
Bitcoin crashed below $62,000. What happened
Bitcoin has been in freefall since June 2, 2026. What started as a midday flash crash that knocked the price from about $71,765 to $67,895 has turned into a three-day slide. Summary Bitcoin fell below $62,000 after a three-day selloff…