Bullish shares dip on Q1 earnings miss, $605M loss
Bullish stock dropped in trading with the crypto exchange’s first-quarter earnings miss, adding to the crypto companies that have underperformed in the quarter. Go to Source
DIGIT
Kraken joins LayerZero exodus as it switches to Chainlink CCIP
LayerZero has come under scrutiny since it was exploited in April, as crypto protocols reevaluate their cross-chain providers and seek safer alternatives. Go to Source
Borrowers Deserve Lenders Who Understand Bitcoin
Humans love to tell stories. A good story explains something about the world we experience, while remaining accessible and easy to understand. And so it should not be surprising that the story of Bitcoin’s rise inside institutions has been told as neat and linear. The following opinion article was authored by Matt Luongo, the Founder … Read more
Propy and Milo to Let Bitcoin Holders Buy Homes With $25M Financing Access
Propy and Milo are combining crypto-backed mortgages with blockchain-based real estate settlement for a fully digital home-buying process. The partnership aims to let crypto investors purchase property without selling their digital assets. Tim Draper Backs Propy as Milo Expands Crypto Mortgage Access Across the U.S. Real estate platform Propy and crypto lender Milo are joining … Read more
Gemini reports 42% revenue growth after expansion into financial services
Gemini credit card revenue surged nearly 300% to $14.7 million in Q1, attributed to significant growth in its user base. Go to Source
Reform UK’s Nigel Farage Faces Scrutiny After $6.3M Payment From Crypto Investor
British Parliament’s standards watchdog is investigating Reform UK leader Nigel Farage over a previously undisclosed $6.3 million gift from cryptocurrency investor Christopher Harborne. Farage Cites ‘Personal Security’ Defense The British Parliament’s standards watchdog has launched an investigation into Reform UK leader Nigel Farage over a $6.3 million (£5 million) gift from a billionaire cryptocurrency investor, … Read more
Crypto data company Dune cuts 25% of staff in restructuring
Dune co-founder and CEO Fredrik Haga says the company’s staff cuts come as it shifts focus and is “all-in” on AI and institutional interest in crypto. Go to Source
Belgium Online Gambling Nearly Doubled to 14.8% Since 2018 Despite EU-Toughest Ad Ban
Sciensano data shows Belgian online gambling has nearly doubled since 2018, rising from 7.9% to 14.8% of the population, despite the country’s 2023 ad ban on licensed private operators. The Belgian Association of Gaming Operators (BAGO) has called for stronger enforcement after the same survey found 52.6% of Belgians exposed weekly to gambling advertising, with … Read more
Strive rallies 5.8% as it clears debt in Q1, unveils daily dividends
Strive reported a net loss of $265.9 million for Q1, which it attributed to the fall in market value of its Bitcoin holdings, but saw its shares on its move to pay SATA holders dividends every business day starting in June. Go to Source
Mexican Giant Grupo Salinas Taps Anchorage Digital for Stablecoin Payments
The alliance will allow Coinpro, a crypto exchange owned by Grupo Salinas, to leverage Anchorage’s stablecoin services for its cross-border settlement operations. Grupo Salina’s Carlos Dias Afonso hinted at a deeper integration of stablecoin channels to benefit Grupo Elektra’s customers. Anchorage Digital And Grupo Salinas Partner On Stablecoin Implementation Stablecoins have become one of the … Read more