Author: Michael Fawn
Michael Fawn is a cryptocurrency journalist and blockchain analyst with a passion for breaking down complex market trends into easy-to-understand insights. Covering everything from Bitcoin and Ethereum to emerging altcoins and Web3 innovation, Michael focuses on delivering accurate, timely, and engaging crypto news for investors and enthusiasts alike. With years of experience following the digital asset industry, Michael keeps readers informed on the latest developments shaping the future of finance.
BitGo reported an 80% year-over-year revenue increase to $4.3 billion in the second quarter, despite experiencing a net loss of $19 million.
Mirae Asset is reportedly injecting an additional $35 million into the Korbit crypto exchange, following its acquisition of the company in July.
Securitize reported a second-quarter net loss of $21.7 million. Its tokenized stock fund, SECZ, experienced a significant price decline of 21%.
The Blockchain Association supports Custodia Bank’s Supreme Court petition contesting the Federal Reserve’s denial of access to its payment system.
Taiwan announced it detected an artificial intelligence-driven hacking campaign originating from overseas last month, which specifically targeted its government agencies.
New York City Council is investigating Kalshi, Polymarket, and Coinbase regarding their marketing practices for prediction market platforms.
The Bank of Korea has purchased a gold ETF, marking the first such acquisition in 13 years, signaling a potential shift in its reserve strategy.
Goldman Sachs will acquire Neos Investments for up to $2.25 billion, adding three Bitcoin and Ethereum ETFs managing over $1.1 billion to its asset management…
Lower than expected U.S. CPI figures did not trigger a significant Bitcoin rally, raising questions about the ‘Bitcoin bottom’ theory’s validity.
Bitcoin’s price stabilized around $64,000. The cryptocurrency Hyperliquid (HYPE) emerged as a top performer among crypto gainers.