X is in talks to pay its most influential creators in stablecoins such as Circle’s USDC, according to a CoinDesk report, a move that would route royalty payouts onto blockchain rails and fold crypto into Elon Musk’s growing payments business. A person familiar with the plans told CoinDesk the discussions remain active and that they
Event contracts brought Robinhood $156 million in the second quarter of 2026, more than the company earned from either equities or cryptocurrencies, according to its Q2 10-Q filing. That makes prediction markets the second-largest of Robinhood’s trading lines, behind only options, a year after the product was barely a rounding error. It also means the
Fijian authorities deported Edward Zimbardi to the United States on August 14 to face federal wire fraud and money laundering charges tied to The Crypto Program, an alleged cryptocurrency Ponzi scheme that prosecutors say drew more than $165 million from thousands of investors before it collapsed in 2023. The U.S. Attorney’s Office for the Northern
Austria’s Financial Market Authority (FMA) has fined Bitpanda GmbH €70,000 for breaching several requirements under the European Union’s Markets in Crypto-Assets Regulation, marking Austria’s first published penalty under MiCA. The regulator found that Bitpanda failed to meet rules covering the submission and publication of a crypto-asset white paper and the content of its marketing communications,
What Did The OCC Approve? World Liberty Financial moved closer to operating a federally chartered national trust bank after the Office of the Comptroller of the Currency granted conditional approval to World Liberty Trust Company, National Association. The preliminary approval allows the proposed bank to prepare for fiduciary and trust-related digital asset activities, but it
RedotPay has delayed plans for a US initial public offering (IPO) as the stablecoin payments company works through regulatory and legal issues, according to people familiar with the matter cited by Bloomberg. The delay puts the proposed listing on hold as RedotPay prepares for its US expansion and manages a lawsuit brought by Binance affiliates
Cisco delivered the kind of earnings report that would normally support an AI-infrastructure rally: record quarterly revenue, earnings above expectations, a first-quarter outlook comfortably ahead of consensus and $4 billion of new hyperscaler AI orders in just three months. The stock fell anyway. Cisco shares were down about 9.3% at $112.41 late Thursday, extending the
Nebius Group reported second-quarter results before the open on Wednesday, and the stock surged about 18% to around $233. The report did more than beat estimates. It answered the specific question that had been hanging over the stock through a sharp pre-earnings pullback: whether the company’s enormous spending on AI data centers was outrunning its
MEXC and CoinGecko reported that 74.2% of surveyed users with a traditional finance background have moved some or all of their traditional-asset trading onto crypto exchanges, evidence that centralized venues are absorbing activity that once belonged to conventional brokerages. The finding comes from How Crypto Exchanges Are Reshaping Traditional Asset Trading, released in collaboration with
H100 Group AB has completed its acquisition of Norwegian firm NSD AS in an all-Bitcoin transaction, adding 2,455.37 BTC worth roughly $154 million at the deal’s reference price. The purchase lifts H100’s total Bitcoin holdings to 3,506.4 BTC, worth about $221 million, making it Europe’s second-largest publicly listed Bitcoin holders, per bitcointreasuries.net. The deal, announced