Crypto News
The latest cryptocurrency news, market moves and industry updates.
Luno cuts 20% of staff as crypto layoffs spread across 12 firms in July
Luno cuts 20% of staff as crypto layoffs continue to spread across the industry, with at least 12 firms reporting job cuts in July
Ethereum Foundation adds SEAL 911 co-founder to board as privacy focus grows
Pascal Caversaccio, co-founder of SEAL 911, joins the Ethereum Foundation's board as it prioritizes privacy and security, as reported by CoinTelegraph
US arbitration giant launches specialist panel for crypto disputes
The American Arbitration Association has launched a Web3 Panel to handle crypto disputes, assembling specialists in blockchain, smart contracts and digital assets
Senators said to hatch idea to toughen Trump's concession on Clarity Act's crypto limits
Senators are working to toughen crypto limits in the Clarity Act, aiming to secure sufficient yes votes, as reported by CoinDesk
Robinhood posts record quarter, but crypto revenue slides 38%
Robinhood reports record quarter, but crypto revenue falls 38%, as it expands its digital asset business with new initiatives
Binance.US to attempt prediction markets entry as CFTC-licensed entity, says CEO
Binance.US is planning to enter the prediction markets space as a CFTC-licensed entity. The company's CEO announced plans to apply for a license in August.
Robinhood slides 4% despite earnings beat as crypto revenue cools
Robinhood's crypto revenue declined 38% year-over-year, but the company still beat earnings expectations due to strong performance in other areas
Crypto entering biggest consolidation phase in history, says ARK analyst
Crypto is entering its biggest consolidation phase, says ARK Invest's Lorenzo Valente, with revenue concentrating among a few protocols, potentially leading to more mergers and exchange closures.
Tennessee county passes another ban on crypto operations
Tennessee county bans crypto operations, including mining facilities and data centers, in unincorporated areas amid a lawsuit.