Kraken parent Payward posts $508 million in Q2 adjusted revenue as growth broadens beyond crypto trading
Kraken parent Payward posted $508M in Q2 adjusted revenue, up 17%, as funded accounts grew 42% to 6.6M and volume fell 13% to $310B.
Latest news
Older stories
Big Short Investor Steve Eisman Sees One Weak Spot That Breaks the Entire AI Trade
Steve Eisman has pointed to what he sees as the Achilles’ heel of the artificial intelligence (AI) boom, and it traces back to just two companies sitting at the center of it. The “Big Short” investor made the case on…
HashKey, YF Life test HKDAP stablecoin for insurance payments
HashKey Exchange has completed a live transaction using Hong Kong’s first regulated Hong Kong dollar-backed stablecoin, HKDAP, with YF Life, testing a payment route that the companies say could cut premium settlement from two to three business days to near…
Gemini posts $108M Q2 net loss despite 37% revenue growth
Credit card and staking revenue drove Gemini’s services growth in Q2 as exchange revenue fell 38% and trading volume dropped by two-thirds.
Bitcoin’s (BTC) Defining Moment, Ethereum’s (ETH) Potential, and More: Bits Recap August 14
A closer look at the recent performance of BTC, ETH, and ADA and what could be coming next.
Morning Minute: Tether Finally Gets An Audit
It seems Tether passed, putting an end to the longest-running open criticism of the leading stablecoin company.
Ethereum’s post-quantum roadmap puts banks on a 2027 deadline nobody is talking about
Ethereum's post-quantum migration could create a problem for regulated banks years before any quantum computer poses a real threat to validator keys. Thomas Brunner, Sygnum Bank's Head of Custody and Staking, thinks differently about quantum risk in crypto than most…
Fear is fading across markets, be it bitcoin, stocks, gold or bonds
Your day-ahead look for Aug. 14, 2026
Citigroup CEO backs Clarity Act but warns stablecoin rewards could hurt banks
Citigroup CEO Jane Fraser has backed passage of the CLARITY Act while continuing to push for changes to its stablecoin reward rules, keeping the banking industry’s main concern with the crypto bill alive ahead of a Senate procedural vote expected…
Two Stocks Are Quietly Beating Nvidia, and Wall Street Wants Them 30% Higher
Nvidia stock (NVDA) is trading near record highs at $225.30, up about 7% this week, ahead of its August 26 earnings report. Yet history carries a warning. The stock has dropped the day after earnings six times since August 2024,…
Shinhan Asset Management partners with Plume on tokenized fund pilot
Shinhan Asset Management and Plume will test a tokenized fund using a Korean won-denominated ultra-short-term bond fund as its underlying asset.
Console Wallet expands Canton Coin swaps through LetsExchange API integration
Console Wallet integrates the LetsExchange API, enabling Canton Coin holders to swap CC directly into stablecoins and EVM assets while funding wallets from external networks. Console Wallet, a leading non-custodial wallet built for the Canton Network and EVM networks, has…