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American Bitcoin Reports Record Q2 Mining Output, Expands…

American Bitcoin Corp. (Nasdaq: ABTC) expanded its treasury to more than 8,000 BTC after delivering its strongest quarterly mining performance to date, increasing production and revenue while narrowing losses despite a weaker market for digital assets. The Hut 8 majority-owned subsidiary reported on August 3 that it held approximately 8,002 BTC as of June 30,

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JPMorgan, Citi, UBS and 25 Global Banks Test Tokenized…

The Bank for International Settlements (BIS) confirmed on 30 July 2026 that Project Agorá completed real-value testing, with JPMorgan, Citi, UBS and 25 other private sector institutions joining five central banks to settle roughly CHF 800,000 in live cross-border payments using tokenized central bank reserves and commercial bank deposits. The live run carries Agorá past

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Business

Rivian Cut Its Spending Plan and the Market Liked It

Rivian did something unusual in a week dominated by expanding artificial-intelligence budgets: it told investors it could spend less, lose slightly less and still deliver more vehicles. Shares closed 2.9% higher at $16.83 on Thursday ahead of the results, then added about 2% after hours to around $17.24. The move was modest, but the signal

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Ark Invest Sells Bitmine, Bullish, Robinhood And Block…

Cathie Wood’s Ark Invest reduced positions in four crypto-linked companies on Wednesday, selling shares of Bitmine Immersion Technologies (BMNR), Block (XYZ), Bullish (BLSH) and Robinhood (HOOD) as each stock ended the session lower. The transactions, disclosed in Ark Invest’s daily trading report, follow months in which the investment manager increased exposure to several digital asset

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Tether Signs MoU With Nairobi Securities Exchange, and USDT…

The Nairobi Securities Exchange has signed a memorandum of understanding with Tether, the issuer of the world’s largest stablecoin, to explore tokenizing securities, building blockchain-based market infrastructure, and potentially using USDT as a settlement layer on the exchange. The MoU, signed on 28 July, moves a stablecoin issuer toward the plumbing of a national capital

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Flipster Receives Full VARA License To Offer Crypto…

Flipster, a global cryptocurrency trading platform, has secured a full operational Exchange licence from Dubai’s Virtual Assets Regulatory Authority (VARA), allowing the company to offer regulated virtual asset services in the United Arab Emirates. The licence, issued to Flipster FZE under Licence No. VL/26/07/002, upgrades the company’s earlier in-principle approval to full operational status under

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BNY Mellon Unit Joins MiCA Register As ESMA Adds 15…

The European Securities and Markets Authority (ESMA) added 15 crypto-asset service providers to its interim MiCA register in the update dated 24 July, among them BNY SA/NV, the Belgian subsidiary of BNY Mellon, lifting the number of licensed firms across the European Union to 309. The additions form the third batch of entries since MiCA’s

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Ripple Rolls Out Mint Platform To Expand RLUSD Access For…

Ripple has launched Ripple Mint, a unified platform that gives institutional customers a single interface to access, mint, redeem, and manage Ripple USD (RLUSD) through either a web console or programmatic integration. The launch streamlines RLUSD issuance and redemption by bringing operational controls, automation, and transaction visibility into one platform as stablecoins become increasingly integrated

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Intel Beat Q2 Earnings Estimates Twice Over. Its Own Rally…

Intel Corporation (NASDAQ:INTC) beat Wall Street on revenue, earnings, margin and guidance in the second quarter and still reported a net loss of $11 billion. The chipmaker posted revenue of $16.13 billion, up 25% year on year and its fastest growth in more than fifteen years, against a consensus near $14.42 billion. Adjusted earnings were $0.42

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South Korea’s Oldest Crypto Exchange Korbit Is Now…

South Korean crypto exchange Korbit said Mirae Asset Consulting, part of Mirae Asset Group, which oversees more than $1 trillion in assets under management, has become its largest shareholder after completing the required regulatory process, placing the country’s first virtual asset exchange under the control of one of its largest financial groups. Korbit announced the

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