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BitGo Loss Widens as Revenue Hits $4.33B — Crypto Custody Costs Bite

BitGo's revenue hit $4.33B, up 79.6%, but an $18.8M unrealized loss on its own Bitcoin holdings pushed it to a $19M Q2 loss.

Crypto18d ago

Goldman to Buy Neos Investments for Up to $2.25 Billion

Goldman Sachs agreed to acquire Neos Investments for up to $2.25 billion, gaining the $1B Bitcoin High Income ETF and other options-based funds. The deal leapfrogs the bank's own filed bitcoin product.

Crypto18d ago

Securitize Stock Slides 22% After Hours on $21.7M Loss

Securitize shares dropped 22% after hours after the company reported a $21.7 million Q2 loss, more than triple last year. Revenue fell 5% despite AUM growth. The CFO said near-term profitability is the goal.

Stocks18d ago

Tata Trusts Starts Search for Successor as Chandrasekaran Steps Down

The Sir Dorabji Tata Trust accepted Chandrasekaran's resignation and will set up a selection committee to pick his successor. His term runs until February 2027, giving the group six months to name a new leader.

Crypto18d ago

Blockchain Tokens Don't Change Who Owns the Legal Share Register

Tokenized securities still have Cede & Co. as registered owner on the issuer's books. The blockchain token is a representation, not the legal register, regulators say. DTC pilot shows off-chain record remains authoritative.

Macro18d ago

Airtel's Stealth Price Rise Signals Broader Telecom Hike Ahead

Airtel scrapped its ₹299 entry-level plan, pushing subscribers to a ₹349 tier. Analysts say it pulls forward a tariff hike expected in December 2026 and forces Vodafone Idea into a hard choice.

Crypto18d ago

Bitwise CIO Says Crypto Doubling Is Possible as Protocols Start Paying Out

Bitwise CIO Matt Hougan says protocols routing fees to token holders will double crypto valuations. His firm sells ETFs on Hyperliquid, Uniswap and Aave. But only 1.6% of profitable protocols distribute meaningful payouts.

Stocks18d ago

Why AI Performance Reviews Are a Legal and Retention Risk

Companies from Meta to Accenture are adding AI use to performance reviews, but lawsuits and backlash reveal the risks of grading workers on a still-unproven technology.

Stocks18d ago

4 Lessons From Google, AWS, and Tinder Interns Who Got Hired

Former interns at Google, AWS, and Tinder share how they turned summer roles into full-time offers. The same four lessons kept surfacing across their stories.

Stocks18d ago

Ex-Googler Jeff Dean: 2 soccer games, yoga, and 8K runs each week

Jeff Dean, Google's former chief scientist, posted his weekly workout: two soccer games, two gym sessions, yoga, and 8K runs. He left Google this month to cofound AI startup Discovery Loop.

Stocks18d ago

10 Daily Habits That Make Retirement Great, Part 2

Part 2 of my retirement habits series covers habits 5-10: keep learning, be useful daily, get outside, loosen your calendar, protect your mind from garbage, and practice gratitude. Ten years in, these daily actions matter more than any account balance.

Crypto18d ago

Exchanges Kept Funding Crypto ATMs Despite Scam Warnings

Kraken, Gemini, and Cumberland sent $1.1B+ in bitcoin to ATM operators even after regulators flagged scam links. Hawaii's new ban stops kiosks but not the supply chain.