Market News
Open USD Consortium Targets Tether and Circle on Two Different Fronts
A new stablecoin consortium backed by more than 140 companies including Visa, Mastercard and Coinbase has not even launched yet, but analysts say it could reshape competitive dynamics for both Tether and Circle in different ways.
Kraken Bets on Payments to Grow in Brazil's Crowded Crypto Market
Kraken is pushing into stablecoin-based payments to expand its Brazilian business beyond crypto trading, as exchanges, banks and fintechs all compete for a share of Latin America's biggest digital asset market.
Securitize Stock Sinks 27% as Tokenization Platform Misses Earnings Targets
Securitize shares plunged after its first earnings report as a public company fell well short of Wall Street expectations, even as the value of assets on its tokenization platform hit a record.
Hackers Drain $116 Million From Coldcard Hardware Wallets in Multi-Wave Attack
A four-wave attack beginning July 30 drained roughly 1,816 BTC from over 5,200 Coldcard wallet addresses in one of the year's largest hardware wallet exploits.
Crypto Hacks Top $1.2 Billion in 2026 as Incident Count Hits Record
Crypto hacks and exploits have surpassed $1.2 billion across 276 incidents by late July, even as the pace of individual losses has moderated from prior years.
Binance: Crypto Exchanges Are Becoming Financial Superapps
Binance's own market share grew to 35.3% of exchange volume in Q2 as its research arm argues exchanges are evolving into all-in-one financial platforms.
Coinbase Shares Slide After Q2 Revenue Miss as Trading Suspensions Widen
Coinbase stock fell 5% after reporting $1.22 billion in Q2 revenue against $1.29 billion expected, as the exchange suspended trading on six pairs.
Tether Posts $1.5 Billion Quarterly Profit as USDT Supply Tops $184 Billion
Tether's Q2 profit hit $1.5 billion as USDT supply grew to $184.6 billion, even as the company pursues its first full independent reserve audit.
DeFi Total Value Locked Falls 39% in 2026 as Hacks and Cooling Yields Bite
DeFi TVL has declined every month of 2026, sliding from $115 billion to roughly $70 billion as exploits and compressed yields pull liquidity out of the sector.