Galaxy reports $85M net loss amid Q2 crypto market slump
Galaxy Digital reported an $85 million net loss driven by falling digital asset prices and $8.7 billion in revenue that missed Wall Street estimates.
Finance
Mastercard, Borderless test shared identity checks for stablecoin transfers
Mastercard and Borderless are exploring ways to bring more trust into cross-border stablecoin transfers through the payment processing giant’s Crypto Credential framework.
China Fuel Export Easing Could Relieve a Tight Global Supply Market
CORRIGENDUM, 16 March 2026 – The initial March 2026 monthly analysis stated that, ‘Twenty-three vessels delivered EUR 800 bn of Russian crude oil and oil products while flying a false flag‘, and it should read, ‘Twenty-…
Do the Coldcard attacks mean all hardware wallets are now insecure?
The Coldcard entropy flaw caused a crisis of confidence in hardware wallets. Here’s the details you need to know before you entrust Ledger, Trezor or Foundation with your Bitcoin.
Eliza Founder Declares AI Token 'Dead,' Shuts Down Foundation After Lawsuit Settlement
Shaw Walters says Eliza's token is no more after a class-action settlement drained the project's remaining funds.
Nomura’s Laser Digital backs ZIGChain for onchain private credit push in UAE
Laser Digital, the digital assets arm of the Japanese financial services firm Nomura Group, has made a strategic investment in ZIGChain, a UAE-based Layer1 blockchain that also works with Standard Chartered and cryptocu…
Canadian Dollar firms as Oil rebounds, USD softens on weaker ADP data
USD/CAD trades around 1.4040 on Wednesday at the time of writing, down 0.14% on the day, as the Canadian Dollar (CAD) benefits from a rebound in Oil prices. Crude prices received support after Yemen's Houthis claimed re…
Novo Nordisk CEO defends economics of Wegovy pill as lower prices weigh on sales; shares fall 5%
Wall Street isn't convinced the Ozempic maker has a promising path back to sustainable growth as competition from Eli Lilly intensifies.
Pi Network Rumored to Join RoboPay, But No Official Confirmation Yet
A new announcement from Fabric Foundation has sparked excitement across the Pi Network community after claiming that Pi Network has joined RoboPay as a payment partner. However, Pi Core Team has not confirmed the partne…
Circle Q2 revenue falls short of Wall Street estimates
Stablecoin issuer Circle reported $701 million in Q2 revenue, missing Wall Street estimates of about $713 million.
7 Prediction Market Platforms to Watch in 2026
The post 7 Prediction Market Platforms to Watch in 2026 appeared first on Coinpedia Fintech News
Bitcoin Price Breaks 31-Month Pattern: Is BTC Ready to Rally?
CryptoQuant says long term holders have started reducing their record Bitcoin supply.
Circle Reports $701 Million Q2 Revenue as USDC Circulation Reaches $73.3 Billion
Circle reported $701 million in Q2 2026 revenue and reserve income, up 7% year over year, as USDC circulation increased 19% to $73.3 billion. The company also said onchain transaction volume surged 151% to $14.8 trillio…
Binance sues RedotPay over alleged $473 million user losses: Report
Binance-linked companies sued RedotPay, accusing it of diverting more than 470,000 Binance Card users under a commercial deal and seeking nearly $473 million in damages.
Gold hits 6-week highs on China demand as Bitcoin ignores fresh S&P 500 record
Gold and US stocks stole the limelight on Wednesday as Bitcoin failed to gain significantly beyond $64,000.
Oil: Geopolitics test supply routes – BNY
BNY’s Geoff Yu reports Oil prices rose after the Houthis claimed a missile strike on a Saudi tanker near Yanbu, highlighting risks to alternative export routes while Strait of Hormuz disruptions persist. He notes Washin…
Eli Lilly easily tops quarterly estimates, raises outlook as Zepbound and Mounjaro sales surge
Eli Lilly on Wednesday reported second-quarter earnings and revenue that blew past estimates and hiked its full-year sales outlook, as demand for its blockbuster weight loss drug Zepbound and diabetes treatment Mounjaro…
Fake Ripple Website Targets Long-Term XRP Holders in New Scam
The post Fake Ripple Website Targets Long-Term XRP Holders in New Scam appeared first on Coinpedia Fintech News
Is now a good time to buy gold? The bull vs. bear case
Gold fell 1% to $4,289.87 on Monday, June 8, 2026, a two-month low, closing below its 200-day moving average for the first time since 2023.
Crypto whales accumulate as bear market nears late stage: CryptoQuant
Bitcoin, Ethereum and XRP whales increased balances during market weakness, as CryptoQuant said large holders are absorbing supply ahead of a possible bottom.
Binance Sues RedotPay, Seeks $472.8 Million Over Alleged User Diversion
The post Binance Sues RedotPay, Seeks $472.8 Million Over Alleged User Diversion appeared first on Coinpedia Fintech News
S&P gives BlackRock tokenized reserve fund top stability rating
The rating recognizes the fund’s ability to maintain a stable net asset value, while S&P separately reaffirmed USDT among the lowest-rated stablecoins under its existing assessment framework.
Gold nears $4,200 on softer US labour data as Fed outlook turns less hawkish
Gold (XAU/USD) jumps more than 2.50% on Wednesday as weaker-than-expected US labour market data pressures the US Dollar (USD), while lower Oil prices on hopes of reopening the Strait of Hormuz ease inflation concerns an…
Brazilian Real: Limited policy easing caps FX impact – Commerzbank
Commerzbank’s Norman Liebke notes that markets expect a further 25 bps cut from the Brazilian Central Bank (BCB), but real rates would remain highly restrictive near 9.4%. With inflation and expectations at the top of t…