Robinhood Second Quarter Report: Crypto Revenue Declines by 18%
The company’s EBITDA grew by 31% progressively to $151 million. Robinhood is getting ready for expansion in the UK.Despite a decline in revenue, Robinhood announced profitable results for the second…
Google Cloud Increase Partnership With Celo Network as Validator
The network approved to switch from its own blockchain to an Ethereum layer-2 solution.Post the announcement the price spiked briefly reached almost $0.52.In addition to Deutsche Telekom and other ecosystem…
Worldcoin Plan To Expand Iris-Scanning Tech Via Open Source.
Macieira has said that it would open-source the iris-scanning orbs’ underlying technology. Global authorities have been looking into Worldcoin’s data harvesting practices.According to a Reuters article, Worldcoin intends to increase…
KuCoin Says It has Suspended BTC and LTC Mining Pools.
Users were cautioned to save any mining data and records before August 27. There have been rumors that KuCoin plans to lay off 30 percent of its staff. KuCoin, a…
XDC Hits One-Year High and Pump 300% in the Bear Market.
XDC price reached its highest level since January 2022. The XDC token defies market decline and surges 35.54% in a day to reach $0.86.Singapore-based XinFin Network native cryptocurrency XDC has…
FTX Didn’t Speak Up About Exchange Reboot Plans, Say Creditors
Creditors say FTX’s proposed restructuring plans are mere “ideas,” and were not formally negotiated.Lawyers representing FTX’s creditors said they weren’t filled in on a recently proposed plan to revive the…
Coinbase is Exploring ‘Best’ Way to Integrate Bitcoin Lightning Network, Says CEO.
The exec reiterated his stance on the LN integration in response to Jack Dorsey’s tweet. Coinbase CEO Brian Armstrong revealed that the crypto exchange is exploring the “best” way to…
Outrageous 1.41 Billion Terra Luna Classic (LUNC) Recently Burned by Binance.
Binance delivered 1.41 billion Terra Luna Classic (LUNC) tokens to the burn address.2.65 billion Terra Luna Classic tokens were burned by Binance in July.In the 12th round of the LUNC…
Cathie Wood Offloads Millions Worth Coinbase and Robinhood Shares.
On August 3, Coinbase will release financial data for the second quarter. On Monday, COIN stock closed up 4% at $98.61, but it dropped 3.17% in pre-market trading.Cathie Wood, the…
ApeCoin (APE) Hits Record Low Amid Market Struggles
ApeCoin is facing challenges just days after Yuga Labs held an invitation-only event.The token has fallen from its all-time high to its new low by a whopping 93%. With further…