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Bullish Shares Jump 10% on Tripled Q2 Adjusted EBITDA and Record Subscription Revenue

Evernorth Rewrites $1B Nasdaq Listing Formula as XRP Hits $1

Neutrl Halts Minting and Redemptions Over Reserve Management Concerns

Ether.fi Adds Tokenized Stocks, Precious Metals, and Aave Portfolio Loans in Neobank Push

Bullish Posts $280M Q2 Loss as Digital Asset Sales Fall 44%

Trezor Exposes Data of 13,689 Customers Through Shipping Partner Breach

Delio CEO Sentenced to 15 Years for $49M Crypto Lending Fraud

MUFG to Pilot Real-Time Blockchain Settlement for $1.7 Trillion Japanese Bond Market
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Trezor Exposes Data of 13,689 Customers Through Shipping Partner Breach

Delio CEO Sentenced to 15 Years for $49M Crypto Lending Fraud

MUFG to Pilot Real-Time Blockchain Settlement for $1.7 Trillion Japanese Bond Market
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Markets

B2C2 Hires Schroders Veteran to Lead Asia Crypto Push
B2C2 has hired a senior executive from Schroders to lead its expansion into Asia's institutional crypto markets, signaling confidence in the region's regulatory maturity and wealth concentration.

Bullish Shares Jump 10% on Tripled Q2 Adjusted EBITDA and Record Subscription Revenue
Bullish shares climbed roughly 10% Thursday after reporting Q2 2026 results with adjusted EBITDA more than tripling year-over-year and subscription and services revenue reaching an all-time high. The gains reflect the exchange operator's strategic pivot toward recurring revenue streams.

Evernorth Rewrites $1B Nasdaq Listing Formula as XRP Hits $1
XRP crossing $1 has forced Evernorth to restructure its $1 billion Nasdaq listing. The firm replaced a fixed $2.36 reference price with a floating mechanism tied to XRP's market value at closing, protecting investor NAV from dilution. Investors representing 95% of committed capital approved the...

Bullish Posts $280M Q2 Loss as Digital Asset Sales Fall 44%
$280 million in the red. Bullish's second-quarter 2026 earnings reveal a $280M net loss as digital asset sales collapsed 44% quarter-over-quarter. Adjusted revenue climbed 62%, signaling a strategic pivot toward recurring revenue and business diversification.
Regulation

Delio CEO Sentenced to 15 Years for $49M Crypto Lending Fraud
South Korea handed Delio's chief executive a 15-year prison sentence for cryptocurrency fraud involving approximately $49 to $50 million in investor funds. A botched search of the platform's server host cut the number of alleged victims from 2,800 to roughly 1,100, weakening prosecutors' case.

Trump Media Sued Over Truth Social's $100K Monthly Early-Access Feed
A federal lawsuit filed this week targets Trump Media over Truth Social's tiered early-access feed, which charges subscribers up to $100,000 per month for faster delivery of posts from government officials. The complaint alleges the arrangement unconstitutionally restricts access to official...

Polymarket Hires Bird Founder Travis VanderZanden as Chief Growth Officer
Polymarket has appointed Travis VanderZanden, founder of Bird and former Uber and Lyft executive, as Chief Growth Officer. The hire signals the platform's push to build leadership capable of navigating regulatory scrutiny from the CFTC and state regulators.

Miden Launches USDCx, a Privacy Stablecoin Built to Satisfy Regulators
Miden announced USDCx on August 12, a stablecoin offering default privacy while claiming compatibility with anti-money laundering and know-your-customer requirements. The project uses zero-knowledge proofs to shield transaction details while allowing regulatory access when legally required.
DeFi

Neutrl Halts Minting and Redemptions Over Reserve Management Concerns
Strata paused minting and redemptions on Neutrl market contracts Thursday to assess reserve management issues. The suspension affects $1.7 million in displayed on-chain value and underscores the structural challenges DeFi protocols face in managing collateral and user confidence during financial...

Ether.fi Adds Tokenized Stocks, Precious Metals, and Aave Portfolio Loans in Neobank Push
Ether.fi has rolled out a significant expansion adding tokenized stocks, precious metals trading, fiat accounts, and portfolio-backed loans built on Aave's lending infrastructure. The protocol describes the move as deliberately "less crypto-forward" to attract mainstream users beyond...

Figure Revenue Doubles as Blockchain Loan Marketplace Volumes Top $2.9B in Q1
Figure Technologies posted doubled revenue in Q1 2026 as its blockchain-native loan marketplace processed more than $2.9 billion in volume. The growth marks a milestone in institutional adoption of blockchain-based lending infrastructure and the broader shift toward onchain finance.

Flare Brings XRP Options Trading to Derive via FXRP, With Tradeoffs Worth Knowing
Flare's integration of FXRP into Derive's options platform expands XRP's DeFi toolkit but introduces bridge, smart contract, and collateral management risks. Sophisticated traders gain new strategies; retail holders should evaluate the trust surface carefully.
Technology

Inception Labs' Mercury 2 Outperforms Google's DiffusionGemma in AI Showdown
Inception Labs released Mercury 2, an AI model that outperforms Google's DiffusionGemma while preserving model intelligence during the shift from sequential to parallel processing. The development marks a significant architectural transition in the post-autoregressive era.

Quantinuum Surges 13% on Nasdaq IPO Debut, Raising $1.68B
Quantinuum's shares opened at $68 on their first day of trading on Nasdaq, a 13% jump from the $60 IPO price, raising $1.68 billion in total proceeds and valuing the quantum computing company at approximately $17.63 billion market capitalization.

Starkware Cuts Jobs as Starknet Revenue Collapses 98%
StarkWare Cuts Staff as Starknet Fee Revenue Drops 98% From Peak StarkWare, the Israeli company behind the Starknet Ethereum Layer 2 network, has laid off a portion of its workforce as on-chain rev
Kraken Refuses Extortion Demand After Insider Data Breach Exposes 2,000 Accounts
Kraken Refuses Extortion Demand After Insider Data Breach Exposes 2,000 Accounts Cryptocurrency exchange Kraken has declined to pay an extortion demand following a data breach that exposed personal
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