MetaMask has launched Agent Wallet, a self-custodial wallet enabling AI agents to execute on-chain transactions under user-defined restrictions, security limits, and gas abstraction features.
Coinbase reported $1.22 billion in Q2 revenue, missing estimates, and a $359 million net loss, causing shares to fall 5% in after-hours trading. The decline was attributed to reduced crypto spot trading volume and lower crypto asset prices, despite some market share gains.
Swiss cantonal bank BancaStato has launched regulated cryptocurrency trading services for its customers in the Italian-speaking Ticino region, partnering with digital asset bank Sygnum and using Avaloq's banking software to offer Bitcoin, Ether, Litecoin, and Solana.
Daily average trading volume at South Korea's five major crypto exchanges has fallen to 597.8 billion won, representing 1.59% of the KOSPI market's volume. This significant drop from 11.29% in January is attributed to falling Bitcoin prices, a semiconductor-driven stock market rally, and a focus on altcoins.
South Korea's major crypto exchanges saw trading activity fall by an average of 77% year-over-year, while the KOSPI stock index more than doubled. This suggests a significant shift in retail speculative interest from cryptocurrencies to equities, potentially impacting smaller crypto platforms.
Bernstein analysts raised Robinhood's (HOOD) price target to $160, maintaining an Outperform rating, based on their view that tokenized equities and prediction markets, rather than traditional crypto, will drive its next growth phase. They project significant revenue growth from prediction markets and see tokenized real-world assets as a major long-term opportunity, with other financial institutions also expanding tokenization infrastructure.
South Korea's financial authorities investigated over 40 cases of unfair crypto trading, including market manipulation and fraudulent activities, in the last two years. Since the Virtual Asset User Protection Act took effect in July 2024, 30 cases were reported to investigative agencies, leading to 25 identified suspects and average unlawful gains of ₩1.4 billion.
Morgan Stanley's E*TRADE platform has launched spot cryptocurrency trading for eligible customers, allowing them to buy, sell, and hold Bitcoin, Ethereum, and Solana through a partnership with Zero Hash, integrating crypto holdings with other investments.
Robinhood is expanding its autonomous trading features by enabling eligible US customers to connect third-party AI agents for crypto trades. This follows a similar rollout for equities and options traders in May, aiming to give retail investors an edge over institutions.
BNB Chain announced a new layer-1 blockchain designed for high-frequency AI crypto trading, aiming for over 100,000 transactions per second. The network, set to launch by early 2027, will also explore quantum-resistant security.
Robinhood has launched its public mainnet for Robinhood Chain, an AI-native L2 blockchain built on Arbitrum. The company also plans crypto trading in the UK and offers tokenized stocks globally, amid expansion into DeFi services.
Nearly 1,700 UK investors are suing Binance and its founder, Zhao Changpeng, for at least £150 million, alleging the crypto exchange sold them unauthorized derivative products.
The SEC won its fraud suit against crypto platform NanoBit Limited, which allegedly stole hundreds of thousands from at least 18 investors between 2023-2024 via WhatsApp scams. A US court ordered NanoBit and its affiliates to pay nearly $5.4 million in penalties.
Japan's SBI Holdings will acquire full control of crypto exchange Bitbank for 46.7 billion yen ($289 million) by October, pending regulatory clearance. This deal, combining Bitbank with SBI VC Trade, is set to create the country's largest crypto exchange by assets under custody and expand SBI's digital asset ecosystem.
UBS's tokenized money-market fund (uMINT) is now being used as live collateral on Bybit, enabling yield-bearing assets to support trading activity. This marks a significant step for real-world asset (RWA) products, turning them into working exchange margin.
Binance can offer crypto trading in the Philippines via BlockShoals, but neither is authorized for peso transfers or other central bank-regulated activities. BlockShoals acts as an intermediary under the SEC's CASP framework, while the BSP clarifies that VASP licenses are still required for regulated activities.
Binance can offer crypto trading in the Philippines via BlockShoals, but neither is authorized for peso transfers or other central bank-regulated activities. BlockShoals acts as an intermediary under the SEC's CASP framework, while the BSP clarifies no VASP license is held.
Major crypto exchanges like Binance, Kraken, Bybit, and Gemini are integrating direct trading of US stocks and ETFs into their platforms. This move challenges Wall Street's century-old dominance in retail brokerage, offering 24/7 trading, stablecoin settlement, and a unified app experience for both crypto and equities.
Coinbase has launched Coinbase for Agents, a new tool allowing AI systems to trade cryptocurrencies, manage portfolios, and make payments on behalf of users. This move signals a broader industry trend towards enabling AI agents for real-world financial transactions.
Pyth Network has launched new pricing indexes for US stocks and commodities to support 24/7 trading on crypto exchanges. Major platforms like Coinbase and Kraken are already using these indexes for perpetual futures and tokenized assets, addressing the need for continuous pricing outside traditional market hours.
Health professionals are increasingly concerned about crypto trading platforms, likening their addictive potential to gambling. Young men are particularly at risk, facing severe mental health consequences. Stricter regulations are being considered to curb aggressive marketing tactics.
CME Group has launched 24/7 trading for crypto futures and options, including Bitcoin Volatility Futures. This move aims to close the weekend gap in crypto markets and signals strong institutional interest in digital assets.
MEXC has launched 'RealStocks,' a new product allowing eligible global users to trade real U.S. equities with zero platform fees. The service, integrated into the crypto platform and using USDT for transactions, offers genuine ownership rights and dividend payouts, bridging traditional finance and crypto trading.
IG Europe is partnering with Austrian exchange Bitpanda to offer crypto trading to European investors, leveraging Bitpanda's infrastructure. This move follows IG's UK launch and aims to expand its product offering across the EU under MiCA regulations.
