Business
Crypto Trading Became eToro's Major Revenue Source in Q2
eToro announced that over 90% of its revenue in the second quarter stemmed from crypto trading.
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eToro announced that over 90% of its revenue in the second quarter stemmed from crypto trading.
Transak has successfully raised $16 million in a funding round aimed at boosting its stablecoin payment infrastructure and expanding into new markets.
Circle announced a $428 million net loss for Q2, despite a revenue boost linked to its USDC stablecoin, while unveiling its new Arc blockchain aimed at enhancing stablecoin transactions.
Rumble's all-stock acquisition of Northern Data aims to strengthen its cloud computing capabilities while Tether supports the merger.
Paxos aims to shift its regulatory oversight from New York to federal, joining other stablecoin firms in their charter applications.
World Liberty Financial, backed by the Trump family, plans to integrate its WLFI token into ALT5 Sigma's assets through a substantial share sale.
Two Seas Capital has announced its opposition to Core Scientific's acquisition proposal by CoreWeave, highlighting concerns about deal structure and shareholder risk.
SharpLink Gaming, based in Minneapolis, raises significant funds to boost its ether assets, which are poised to exceed $2 billion.
Ripple is set to purchase the stablecoin payments platform Rail for $200 million, a strategic move to deepen its presence in the stablecoin market.
A report indicates traditional banks are significantly investing in blockchain-related technologies, predicting a major financial transformation by 2028.
The tokenization firm Midas introduces mMEV and mRe7YIELD products designed for institutional DeFi exposure.
The Swedish Refine Group has initiated a significant move by launching a $1 million Bitcoin treasury strategy while establishing a new Digital Assets division.
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