Cryptocurrencies
Bit Digital Stock Rises Despite $107.2 Million Q2 Loss

Bit Digital stock climbed after the company reported a $107.2 million net loss for the second quarter, breaking from the sell-off that punished rival crypto-linked shares this week. The Nasdaq-listed Ethereum (ETH) treasury and artificial intelligence (AI) infrastructure firm booked $32.1 million in revenue. That marks a 15% gain over the first quarter…
Polymarket Faces Baltimore Lawsuit and Lost JPMorgan Banking Relationship

Baltimore has sued prediction market operators Kalshi and Polymarket, accusing both of running unlicensed sportsbooks in the city. Mayor Brandon Scott and the City Council filed the complaints Thursday in Circuit Court for Baltimore City. Baltimore Sues Kalshi and Polymarket The city says both platforms let residents bet on game winners, point spreads…
Ethereum Makes Major Cryptography Pivot to Prepare for Quantum Era

The Ethereum Foundation is abandoning the Poseidon hash function on its base layer, moving to options like SHA or BLAKE, according to researcher Justin Drake. The shift reshapes the network’s long-term plan to resist future quantum computers. Drake announced the decision on August 13, calling it the conclusion of an eight-year research effort. Ethereum…
Bitcoin Shrugged Off Good CPI and PPI Data: Why Is BTC Still Stalling?

Why is BTC actually down weekly even after the rather positive CPI and PPI data?
Upbit Delisting Notice Sends 3 Altcoins Lower Before September Cutoff

Upbit will end trading support for Storj (STORJ), JasmyCoin (JASMY), and ThunderCore (TT) on September 14 at 3 p.m. KST, delisting six trading pairs from South Korea’s largest crypto exchange. The notices were published on Friday afternoon in Seoul. For all three assets, Upbit said that further reviews found the concerns behind their investment-caution…









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