Coinbase shares fell in extended trading after the crypto exchange reported a second-quarter loss and lower revenue, overshadowing record market share and growth across stablecoins and derivatives. Summary Coinbase reported a loss of $1.36 per share, reversing earnings of $5.14 a year earlier. Quarterly revenue fell to about $1.2 billion from $1.5 billion in the…
Tim Cook hosted his final quarterly earnings call as Apple’s CEO Thursday evening, and it ended on a positive note: Apple beat Wall Street analysts’ revenue estimates. But it appears to have done so via a one-time windfall: an estimated $2.19 billion in tariff refunds. “Company gross margin was 50.1 percent, including a favorable impact…
Aave says the changes are designed to reduce exposure to inactive markets while giving users time to exit positions safely. Aave is deprecating 50 low-adoption asset reserves across its lending markets and winding down its deployments on six blockchains. In a July 30 post on X, founder Stani Kulechov noted that the move touches…
This week, the US Federal Communications Commission banned the import of foreign-made advanced mobile robots. Humanoid and quadruped robots are specifically named, indicating the true target is robotic versions of people and animals, but something else happens to be an “advanced mobile robot”: robot vacuums. So what does this ban mean? Though it’s effective immediately,…
Key Takeaways Aviva’s first tokenized fund share class operates on the XRP Ledger. Eligible digital-wallet investors retain the conventional fund’s protections. Komainu provides custody support, while Licuido supplies tokenization infrastructure. Aviva Moves a Regulated Liquidity Fund Onchain Ripple and Aviva Investors, the global asset management business of Aviva plc, announced on July 29 the launch…
MoonPay has launched PayBox, a noncustodial payment vault that lets users prepare and execute crypto transactions or online purchases through ChatGPT and Claude. Summary PayBox connects with ChatGPT and Claude through custom connectors and natural-language commands. Users can buy, swap, bridge or deposit crypto and complete travel, dining and retail purchases. Passkey approvals and user-defined…
Reddit reported a strong second quarter but spooked investors by mentioning in an investor letter that traffic from search engines had grown “choppy.” The company’s total revenue of $805 million jumped 61% compared to the year-ago quarter while net income was $253 million, up 183%. These beat Wall Street’s expectations. Plus, the company said it…
The scam targeted XRP holders through a fake investment platform that disappeared after collecting millions of dollars worth of digital assets. South Korean authorities have uncovered a cryptocurrency fraud case that exploited interest in a newly launched blockchain token. The operation targeted XRP holders through a fake investment platform that disappeared after collecting millions…
Google plans to expand its Play Age Signals API globally, helping Android developers tailor app experiences without collecting exact birth dates. The post Google Plans Global Rollout of Privacy-Focused Age Signals API appeared first on TechRepublic. Source link
Key Takeaways CEO Lee Jun-hee said Samsung SDS will combine its cloud expertise with Dunamu’s blockchain technology. Samsung SDS cited stablecoin issuance-to-settlement validation as a key competitive capability. Samsung SDS said its Dunamu investment will expand opportunities in digital asset infrastructure. President and CEO Lee Jun-hee outlined the strategy during Samsung SDS’s second-quarter 2026 earnings…
