MarketsLuno 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.
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Markets
MarketsRobinhood Q2: Record Quarter, Crypto Revenue Down 38%
Robinhood's Q2 2026 net income hit $573M, but crypto revenue fell 38% as prediction markets and Robinhood Chain became the new growth engine.
DeFiTrade.xyz to Reimburse SK Hynix Traders
Trade.xyz will reimburse SK Hynix traders after its Hyperliquid oracle caused a 19% mark price crash on Monday.
SecuritySparkKitty Malware Steals Seed Phrases via App Store and Google Play
Check Point uncovered SparkKitty, malware that scans photos for crypto wallet seed phrases. It spread through the App Store and Google Play.
RegulationJudge Blocks Minnesota's Prediction Market Ban
A US judge temporarily blocked Minnesota's prediction market ban. Kalshi and Polymarket US can keep operating in the state during litigation.
InstitutionalKraken Parent Acquires Magic Labs' Wallet Business
Payward, Kraken's parent, acquires Magic Labs' wallet business, which powers over 60 million wallets and $10 billion in stablecoin transactions.
SecurityNorth Korea Arrests Hackers Over Bank Fund Crypto Laundering
North Korea detained former military hackers accused of stealing funds from two state banks and laundering them through crypto and Chinese brokers.
MarketsBitMart Shuts Down as BMX Token Crashes 58%
Crypto exchange BitMart is winding down after nine years. BMX crashed 58% in 24 hours as trading stops Aug 26, 2026 and the exchange fully closes in 2027.
SecurityBlackRock, Coinbase, Strategy Launch $15M Bitcoin Security Consortium
Nine institutional players, including BlackRock, Coinbase, and Strategy, are funding $15M to protect Bitcoin from future quantum computers.