Robinhood (HOOD) on Wednesday reported a 98% year-over-year jump in second-quarter crypto trading revenue, while easily beating Wall Street’s earnings estimates as the company’s crypto ambitions and international expansion began to take shape. The popular trading platform posted net revenue of $160
NEW YORK — A Manhattan jury will soon begin their deliberations in Roman Storm’s trial, deciding whether the Tornado Cash developer is guilty of helping hackers and other cyber criminals launder more than $1 billion in dirty money. Earlier in the day, the
Did U.S. Federal Reserve Chairman Jerome Powell just threaten to hike rates? At his post-meeting press conference following the Fed’s Wednesday decision to hold interest rates steady, Powell continued to insist that the president’s tariff policy risks igniting inflation. “Increased tariffs are
As was almost universally expected, the U.S. Federal Reserve Wednesday left its benchmark fed funds rate range steady at 4.25%-4.5%. In a rare departure from norms, two Fed governors — Michelle Bowman and Chris Waller — dissented from the decision, preferring instead
Welcome to The Protocol, CoinDesk’s weekly wrap-up of the most important stories in cryptocurrency tech development. I’m Margaux Nijkerk, CoinDesk’s Tech & Protocols reporter. In this issue: Ethereum At 10: Where Next For The World Computer? Linea to Burn ETH With Every
Coinbase (COIN) and JPMorgan (JPM) have formed a long-term strategic partnership to expand access to digital assets and enhance customer security. The deal, announced earlier today, underscores Coinbase’s role as a core blockchain infrastructure provider, not just a trading venue, for major
ATOM tumbled 3.7% in the 24-hour session ending July 30 at 14:00 GMT, falling from $4.60 to $4.43 under intense selling pressure. The most aggressive drop occurred between 10:00 and 11:00 GMT, when the price plummeted from $4.48 to $4.39 on an
Over the past decade, Ethereum has become the foundation of on-chain finance. It introduced programmable money, enabled the tokenization of real-world assets and launched the DeFi movement. But now, its success presents a new challenge: invisibility. As Ethereum powers more applications behind
NEAR Protocol (NEAR) staged a modest intraday recovery during the final 60 minutes of trading on July 30, inching from $2.62 to a session high of $2.63 before settling back at $2.62. While the movement may appear marginal, it unfolded against a
BTCS (BTCS), a Nasdaq-listed blockchain infrastructure and staking company focused on Ethereum, filed a shelf registration with the U.S. Securities and Exchange Commission (SEC) that would allow it to raise as much as $2 billion to buy more ether (ETH). The Tuesday