US Sanctions Iran's Hormuz Safe Bitcoin Insurance Scheme
The US Treasury sanctioned Hormuz Safe, an Iranian marine insurance scheme for the Strait of Hormuz that accepted bitcoin payments funneled to the IRGC.
News - Page 43
Tether Posts $1.5 Billion Profit in Q2 2026
Tether posted $1.5 billion in Q2 2026 profit, reserve surplus grew to $4.1 billion, and gold holdings topped 146 metric tons.
Strategy Posts $8.22 Billion Q2 Loss on Bitcoin Slump
Strategy reported an $8.22 billion net loss for Q2 2026 driven by unrealized losses on Bitcoin. The company's holdings grew to 843,775 BTC.
New York Sues Kalshi Over Illegal Gambling
New York's AG sued Kalshi over alleged illegal gambling. The CFTC is fighting to block the suit, citing federal jurisdiction over prediction markets.
Coldcard Mk3 Flaw Drains 594 BTC
Coinkite warns Coldcard Mk3 users after a firmware bug let an attacker drain 594 BTC (about $38M) from roughly 500 wallets in 25 minutes.
Coinbase Posts $359M Net Loss in Q2 2026 Despite Record Market Share
Coinbase's Q2 2026 revenue of $1.22B missed estimates and the company posted a $359M net loss, even as its crypto trading market share hit a record 10.3%.
Aschenbrenner Fund Sells Bitcoin Miner Stocks
Hedge fund Situational Awareness sold $1B in bitcoin miner stocks including IREN and Core Scientific. Citadel bought the portfolio; shares jumped 18-27%.
Wintermute: Institutions Hit Record 72% of Crypto Spot Trading
Institutions hit a record 72% of spot trading on Wintermute's OTC desk in H1 2026, as crypto volatility fell to about 45%. Key numbers inside.
Luno Cuts 20% of Staff for Automation Push
Crypto exchange Luno is cutting 20% of its staff to focus on automation and institutional clients, joining a wave of 12 crypto layoffs in July.