Business
FinTech
Shares of Robinhood fell about 8% in pre-market trading on Wednesday after the company reported weaker-than-expected third-quarter profit. A sharp drop in cryptocurrency revenue offset strong growth in options trading and prediction markets. The brokerage posted earnings of 51 cents
Binance, the world’s largest cryptocurrency exchange, announced the upcoming addition of four major trading pairs, set to go live on September 4, 2024. The new pairs – AAVE/USDC, STMX/TRY, SUN/TRY, and TRX/USDC – are part of Binance’s ongoing strategy to
Ripple has once again unlocked 1 billion XRP tokens from its escrow accounts, a routine move that continues to grab the attention of investors. The tokens, valued at approximately $560 million, were released on September 1st, according to Whale Alert,
Blockchain & DeFi
THORChain halted trading and signing activity after a compromised Asgard vault was linked to more than $10 million in unauthorized digital asset outflows, marking a significant security incident for the decentralized cross-chain liquidity protocol. The halt was announced on May 15
Bybit, the Singapore-based cryptocurrency exchange, has confirmed a security breach that resulted in the theft of over $1.4 billion worth of Ethereum (ETH) from one of its cold wallets. The attack, which appears to have exploited vulnerabilities in the exchange’s