Cryptocurrency

Core Summary Tokenized asset giant Ondo Finance is embroiled in an intense battle for control following the death of founder Nathan Allman. Delaware court filings reveal that Allman’s mother is seeking to take over the company and remove current CEO Ian De Bode. The inheritance dispute exposes systemic deficiencies in corporate governance and succession planning within the crypto industry. Event Details According to three Delaware court filings, Ondo Finance’s corporate governance has descended into chaos following the death of founder Nathan Allman in May. Allman’s mother is now seeking control of the company and demanding the removal of current CEO Ian De Bode. ...

Prominent investment firm Ark Invest increased its holdings in Circle and SpaceX following Q2 earnings, demonstrating continued optimism about crypto finance and the space industry.

Samsung Poised to Become Dominant Stablecoin Distributor with 800M Galaxy Wallets [Core Summary] According to CoinDesk, analysts say Samsung is preparing to transform its 800 million Galaxy phones into wallets for digital assets and blockchain payments, potentially becoming one of the world’s largest stablecoin distribution platforms. This strategic move marks deep entry by a traditional tech giant into crypto financial infrastructure, potentially revolutionizing the path to mainstream digital payment adoption. ...

Core Summary POAP (Proof of Attendance Protocol) has announced it will shut down, ending more than five years of operations. The platform was used by approximately 46,210 issuers including Coinbase and American Express to create onchain event mementos for users to mint. POAP’s closure marks the end of an era in early NFT utility experimentation. Editor: GoodInfo Global News Team

The world’s largest asset manager BlackRock announced expansion of its tokenized cash business, launching new blockchain-based money market funds designed to qualify as eligible reserve assets under the US GENIUS Act for stablecoin issuers.

Summary Tether, the world’s largest stablecoin issuer, reported $1.5 billion in operating profit for Q2 2026 and significantly expanded its reserve portfolio. The company added 14 metric tons of gold and approximately 1,800 bitcoin during the quarter, reinforcing its asset backing strategy. This performance highlights the stablecoin industry’s ability to generate substantial returns even amid crypto market volatility. Details According to Tether’s latest financial disclosure, the company recorded $1.5 billion in operating profit in Q2 2026. This figure reflects the interest income earned from holding U.S. Treasury bills and other high-yield assets by stablecoin issuers. ...

Bitcoin hardware wallet manufacturer Coinkite has issued an urgent security warning for Coldcard Mk3 devices after a critical vulnerability was exploited, draining 594 BTC in just 25 minutes. This is one of the most significant security incidents in the cryptocurrency space recently.

Strategy (formerly MicroStrategy) reported an $8.2 billion loss in Q2 as bitcoin prices fell over 40% from Q2 2025 levels. Despite the loss, the company increased its bitcoin holdings by 11%.

Coinbase shares slipped after Q2 results despite prediction markets doubling and record trading market share. The company said 88% of net revenue now comes from sources other than bitcoin spot trading.

According to a new report by blockchain security firm Blockaid, crypto hacks in the first half of 2026 have exceeded $1 billion in losses, setting a new record high. Ethereum and Solana ecosystems were the hardest hit, losing $332 million and $326 million respectively.