Crypto

Strategy posts $8.33B loss as Bitcoin holdings sink

Strategy reported an $8.33 billion second-quarter operating loss after Bitcoin’s 27% decline this year drove a sharp reduction in the value of its digital asset portfolio. Strategy’s Bitcoin decline drives $8.33B loss Bitcoin traded near $64,700 following Strategy’s earnings announcement,… …

4 Minute
Crypto

Coinbase shares fall after $1.36-per-share Q2 loss

Coinbase shares fell in extended trading after the crypto exchange reported a second-quarter loss and lower revenue, overshadowing record market share and growth across stablecoins and derivatives. Coinbase revenue falls as quarterly loss returns Coinbase generated approximately $1.2 billion in… …

4 Minute
Crypto

MoonPay launches PayBox for ChatGPT crypto payments

MoonPay has launched PayBox, a noncustodial payment vault that lets users prepare and execute crypto transactions or online purchases through ChatGPT and Claude. MoonPay PayBox turns AI conversations into transactions PayBox allows users to connect a payment vault to ChatGPT… …

4 Minute