While those applications have become increasingly visible, the infrastructure that enables deposits, withdrawals and settlement has largely remained behind the scenes. Fun is one of the companies building that infrastructure. The firm said it powers 100% of deposits and withdrawals on Polymarket and deposit flows… Read More
Much of the adoption, however, benefits established financial institutions rather than token holders, Seiler said. As traditional finance integrates blockchain tech into existing workflows, less value accrues directly to crypto assets than investors expected several years ago. Founded in 2021, STS Digital is a Bermuda-regulated… Read More
This month, analysts have repeatedly pointed to multiday inflows into the U.S.-listed crypto exchange-traded funds as evidence of the return of institutional demand. Zoom out, though, and the institutional story still looks bleak. Bitcoin spot ETFs have pulled in just $205 million in net inflows… Read More
There are two timelines at war, now. First, the Senate’s own calendar is famously difficult to negotiate, with any contentious bill requiring days of floor time. Each passing hour narrows the legislation’s odds as just seven days remain before the recess, when senators will leave… Read More
Robinhood (HOOD) topped Wall Street’s second-quarter expectations, but shares fell about 4% in after-hours trading, adding to their 3.1% decline during Wednesday’s session. The online brokerage reported adjusted earnings per share of $0.62, well ahead of analysts’ $0.43 estimate, while revenue climbed 32% from a… Read More
Bottom line: Clarity isn’t likely to come up for voting before next week — the final days before the chamber’s summer break is set to start on August 8. The hotly debated market structure bill isn’t yet ready for a vote, anyway, as the parties… Read More
