FTX Fifth Distribution Is Its Smallest Yet: Who Still Cannot Get Paid?
FTX's fifth distribution pays $900 million on July 31, its smallest round yet, with some creditors still blocked.
Robinhood Sank After a Blowout Quarter: Rebound, or a Slide to $76?
Robinhood (HOOD) stock closed at $89.84 on July 29, down 3.15%, slipping under $90 even after the company posted its best quarter ever. The drop was not really about the numbers. HOOD has fallen about 14% in five days and roughly 20% this year, so the weakness runs deeper than one earnings report. HOOD Earnings
Up 439%, Then Margin-Called: Did Leopold Aschenbrenner’s Situational Awareness Actually Blow Up?
Situational Awareness lost its $45 billion stock book, Citadel bought the bulk, and bitcoin miners were inside it.
Citi Slashes Coinbase Target 41% — And Keeps Its Buy Rating
Coinbase (COIN) stock heads into second-quarter earnings today after the close under a warning from one of its biggest backers. Citigroup still rates the stock a buy. Even so, it cut its Coinbase price target from $400 to $235 on July 24, a 41% reduction that landed days before the report. Citi Keeps Its Buy
Aave Deprecates 50 Low-Adoption Assets and Winds Down Six Chain Deployments
Aave says the changes are designed to reduce exposure to inactive markets while giving users time to exit positions safely.
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