Updated Trading News

Galaxy’s U.S. Move Risks New Delay From Lawsuit Linked To Luna
Galaxy’s U.S. Move Risks New Delay From Lawsuit Linked To Luna

Class-action certification could force crypto company to alert shareholders to the case and alter SEC document for listing on Nasdaq.

2023 Layoff Tracker: Planet Labs Slashes Over 100 Jobs
2023 Layoff Tracker: Planet Labs Slashes Over 100 Jobs

Layoffs continue apace after more than 136,000 employees were cut by major U.S. companies in the first quarter of 2023.

Deposit risk: What do crypto exchanges really do with your money?
Deposit risk: What do crypto exchanges really do with your money?

While depositing may be easy, what some crypto exchanges do with your money behind the scenes can range from concerning to criminal.

Mixed signals: Binance denies reports of $90B in crypto trades in China
Mixed signals: Binance denies reports of $90B in crypto trades in China

Binance has refuted claims published in The Wall Street Journal that the exchange has conducted billions of dollars in crypto-related business in China, despite the country’s crypto ban.

Worldcoin cryptocurrency project suspended in Kenya
Worldcoin cryptocurrency project suspended in Kenya

Kenyan authorities want to ensure that Worldcoin poses no risks to the security of citizens before it allows the project to gather iris data.

Bitcoin Lightning on Coinbase agenda, Brian Armstrong tells Jack Dorsey
Bitcoin Lightning on Coinbase agenda, Brian Armstrong tells Jack Dorsey

Armstrong confirmed that Coinbase was looking into adding support for Bitcoin Lightning while reassuring his support for Bitcoin payments.

Bitcoin Ordinals team launches nonprofit to grow protocol development
Bitcoin Ordinals team launches nonprofit to grow protocol development

The Open Ordinals Institute aims to bolster the protocol’s future development as Ordinals inscriptions hit a milestone of 21 million.

FTX creditors unimpressed with exchange's bankruptcy exit plan
FTX creditors unimpressed with exchange's bankruptcy exit plan

FTX’s official creditor committee said the current plan would add costs and delays to what’s already on track to be a historically expensive bankruptcy.

MakerDAO’s MKR, Ripple’s XRP and Stellar’s XLM Led Crypto Gainers in July
MakerDAO’s MKR, Ripple’s XRP and Stellar’s XLM Led Crypto Gainers in July

Cryptocurrency giants, bitcoin and ether, meanwhile, lost ground during the month.

MicroStrategy Takes $24M Q2 Charge on Multibillion-Dollar Bitcoin Haul
MicroStrategy Takes $24M Q2 Charge on Multibillion-Dollar Bitcoin Haul

The software firm reported its second-quarter earnings after the close on Tuesday.

Bitcoin Has Been More Stable Than Gold and Stocks; Violent Price Action Could Ensue
Bitcoin Has Been More Stable Than Gold and Stocks; Violent Price Action Could Ensue

Prior uneventful periods preceded major eruptions in volatility for BTC’s price, crypto analytics firm K33 Research noted.

DeFi Died and We Didn’t Even Notice
DeFi Died and We Didn’t Even Notice

The behavior of Curve founder Michael Egorov is warning to all, and proof that DeFi isn’t really that different from traditional finance.

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