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Coinbase Says Revenue From Its Base Layer 2 Fell Despite Record Volume
CeFi

Coinbase Says Revenue From Its Base Layer 2 Fell Despite Record Volume

Coinbase's Q2 filings show sequencer revenue from Base declined even as stablecoin transaction volume on the network grew sevenfold year-over-year.
Polygon Turns Kansai Electric Loyalty Points Into JPYC Spending
Tokens

Polygon Turns Kansai Electric Loyalty Points Into JPYC Spending

Rewards earned in the utility giant's MOACT app now convert into Japan's regulated yen stablecoin, usable across DeFi through HashPort Wallet.
Ready Shuts Card Program After Issuer Kulipa's Sudden Wind-Down
CeFi

Ready Shuts Card Program After Issuer Kulipa's Sudden Wind-Down

Self-custodial wallet says user funds are untouched as the collapse of a shared card issuer knocks out Ready, Solflare and other crypto card programs overnight.
Banco Santander Discloses Spot Bitcoin ETF Stake in 13F Filing
TradFi & Fintech

Banco Santander Discloses Spot Bitcoin ETF Stake in 13F Filing

The Spanish lender's Q2 2026 filing lists a position in BlackRock's iShares Bitcoin Trust, the largest spot Bitcoin ETF.
US Sanctions Iranian Marine Insurers Taking Bitcoin for Strait of Hormuz Passage
Regulation & Politics

US Sanctions Iranian Marine Insurers Taking Bitcoin for Strait of Hormuz Passage

Treasury says HormuzSafe, developed by Iran's Ministry of Economy, accepted digital assets to fund an IRGC-backed 'extortion' scheme targeting commercial shipping.
Active Crypto VC Firms Fall to 150, Lowest Since 2020
TradFi & Fintech

Active Crypto VC Firms Fall to 150, Lowest Since 2020

The July count sits far below the 1,177 unique investors CryptoRank recorded at the March 2022 peak, pointing to a smaller, more selective pool of backers.
Morgan Stanley Launches Spot Ether, Solana ETPs on NYSE Arca
TradFi & Fintech

Morgan Stanley Launches Spot Ether, Solana ETPs on NYSE Arca

The MSSE and MSOL trusts each charge a 0.14% expense ratio and will stake a portion of holdings, passing rewards to investors.
SoFi Says SoFiUSD Settlement Now Live on Q2 Earnings Call
TradFi & Fintech

SoFi Says SoFiUSD Settlement Now Live on Q2 Earnings Call

The bank tied the stablecoin's first live settlements to real-time commercial payments running through its Big Business Banking platform on Solana.
10 European Banks Launch RL1 Blockchain Cooperative
TradFi & Fintech

10 European Banks Launch RL1 Blockchain Cooperative

RL1 inherits SWIAT's production network, which processed more than €700 million in transactions over three years before ownership moved to the Luxembourg cooperative.
Franklin Templeton Backs CLARITY Act as Wall Street Coalition Grows
Regulation & Politics

Franklin Templeton Backs CLARITY Act as Wall Street Coalition Grows

The $1.79 trillion asset manager joins BlackRock, Fidelity and Goldman Sachs in backing the crypto market-structure bill as senators review updated Senate text.