Centralised and decentralised exchanges — listings, volumes, hacks, and platform news.

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Morning Minute: Coinbase Posts Surprise Loss as Crypto Trading Dries Up

Coinbase reported an unexpected quarterly loss as crypto trading volumes collapsed, signaling weakness across retail and institutional segments. The e…

Exchanges

Bank of Italy research suggests stablecoins aren't necessarily cheaper for remittances

Bank of Italy researchers conducted a mystery-shopping analysis comparing stablecoin remittances to traditional money transfer methods. The study foun…

Exchanges

Iran-linked exchange sent $676 million to Binance in alleged sanctions-evasion operation: Reuters

Shelbit, a Dubai-based cryptocurrency exchange, funneled $676 million to Binance as part of an alleged sanctions-evasion scheme involving Iranian enti…

Exchanges

Tether earns $1.5B in Q2 as US Treasury holdings fuel profits

Tether reported $1.5 billion in profits during Q2, driven primarily by returns on its US Treasury holdings. The stablecoin issuer's reserve surplus ex…

Exchanges

Bybit adds tokenized Nvidia, Apple, Tesla stocks as loan collateral

Bybit has expanded its collateral offerings by accepting tokenized shares of major US equities. Retail and institutional users on the exchange can now…

Exchanges

3 Earnings Misses Later, Wall Street Will Not Give Up on Coinbase Stock

Coinbase faced its third consecutive earnings miss, prompting Wall Street analysts to cut price targets on COIN stock. Yet despite the disappointing r…

Exchanges

Coinbase sinks 5% after missing second quarter revenue estimates

Coinbase stock fell 5% following weaker-than-expected Q2 results. The exchange reported $1.22 billion in total revenue, a 19% decline from $1.5 billio…

Exchanges

Coinbase Misses on Q2 Earnings as Crypto Trading Activity Slows

Coinbase reported weaker-than-expected Q2 earnings as cryptocurrency trading volumes contracted sharply. The exchange posted lower quarterly revenue a…

Exchanges

Robinhood slides 4% despite earnings beat as crypto revenue cools

Robinhood shares fell 4% following earnings despite beating analyst expectations, as the retail trading platform confronted a sharp slowdown in crypto…

Exchanges

Robinhood Posts Best Quarter Ever as Prediction Market and Robinhood Chain Take Off

Robinhood delivered its strongest quarter on record with $1.31 billion in revenue, driven by explosive growth in prediction markets and the emergence …

Exchanges

Luno Staff Cuts Adds Another Red Flag as Crypto Exchange Shutdowns Pile Up

Luno, the Singapore-based crypto exchange, slashed 20% of its workforce as the industry faces mounting pressure from exchange closures and regulatory …

Exchanges

Coinbase wants to be Canada’s ‘everything exchange,’ but says clearer rules are needed first

Coinbase Canada appointed Eric Richmond as its new CEO to pursue an ambitious expansion strategy. The exchange seeks to transform itself into Canada's…

Exchanges

Cross River to enable P2P payments, banking services for X Money

Cross River Bank will serve as the banking-as-a-service backbone for X Money's consumer financial platform. The partnership enables X Money to offer p…

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Centralised and decentralised exchanges — listings, volumes, hacks, and platform news.