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Bit Digital Stock Rises Despite $107.2 Million Q2 Loss

Bit Digital stock climbed after the company reported a $107.2 million net loss for the second quarter, breaking from the sell-off that punished rival crypto-linked shares this week. The Nasdaq-listed Ethereum (ETH) treasury and artificial intelligence (AI) infrastructure firm booked…

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Polymarket Faces Baltimore Lawsuit and Lost JPMorgan Banking Relationship

Baltimore has sued prediction market operators Kalshi and Polymarket, accusing both of running unlicensed sportsbooks in the city. Mayor Brandon Scott and the City Council filed the complaints Thursday in Circuit Court for Baltimore City. Baltimore Sues Kalshi and Polymarket…

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Ethereum Makes Major Cryptography Pivot to Prepare for Quantum Era

The Ethereum Foundation is abandoning the Poseidon hash function on its base layer, moving to options like SHA or BLAKE, according to researcher Justin Drake. The shift reshapes the network’s long-term plan to resist future quantum computers. Drake announced the…

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Upbit Delisting Notice Sends 3 Altcoins Lower Before September Cutoff

Upbit will end trading support for Storj (STORJ), JasmyCoin (JASMY), and ThunderCore (TT) on September 14 at 3 p.m. KST, delisting six trading pairs from South Korea’s largest crypto exchange. The notices were published on Friday afternoon in Seoul. For…

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MORPHO Logs Record Exchange Outflow Since Token Trading Began

Traders moved 5.59 million Morpho (MORPHO) tokens off exchanges in a single day, the largest net outflow since the token began trading in November 2024, according to Santiment. The withdrawal pulled roughly $10.8 million of supply out of trading venues.…

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Equity Perp Volume Surges 17x as Chip Stocks Draw Crypto Traders

Stock perpetual futures are expanding fast on both centralized and decentralized crypto exchanges. Monthly equity perpetual volume on centralized venues jumped roughly 17 times between April and July 2026, according to CryptoQuant. Semiconductor and memory names drive the centralized boom.…