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‘This is on me’ — Robinhood CEO to lay off 23% of staff after Q2 loss

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The online retail broker blamed the economy for a decline in user numbers and net revenue that fell 44% year-on-year, although revenue from crypto rose moderately this quarter.

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Coin Market

Ethereum funding rate hits 8-month high — Is an ETH price correction coming?

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Ether’s funding rate soared to an 8-month high, but is it a sign of a strengthening rally or an impending price correction? 

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Coin Market

Trump hints at pushing through SEC chair with recess appointment

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The Republican promised to fire SEC Chair Gary Gensler “on day one,” but a tweet suggested he would also attempt to circumvent the Senate confirmation process for a replacement.

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Bitwise launches first Aptos staking ETP

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It adds to Bitwise’s roster of European staking ETPs. Staking is still prohibited in ETPs listed in the United States.

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