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The quarter Robinhood’s chain missed by one day

Robinhood reports Q2 earnings on July 29, covering a quarter that ended June 30. Robinhood Chain launched July 1. The company’s biggest strategic bet contributed exactly zero to the numbers being reported, which makes Wednesday’s call something rarer than a…

The new XRP card is a margin loan with a Visa logo

RedotPay’s RLUSD card lets 8 million users spend against their XRP without selling it: pledge coins at 50% loan-to-value, borrow in Ripple’s stablecoin, swipe anywhere Visa works. It is being sold as convenience. It is, mechanically, collateralized leverage on a…

Tokenized gold Is a $4.4B market with no EU rulebook

Europe wrote the world’s most comprehensive crypto law, built a category for gold-backed tokens, and then approved nobody. Two years later, the entire tokenized gold market operates in the EU through a gap nobody legislated, and Brussels is debating whether…

The CFTC has one commissioner and all of crypto

Washington has spent a year arguing about which agency should regulate a $2.2 trillion market. Nobody checked whether that agency has anyone in the building. It has one person, four empty chairs, and a plan involving artificial intelligence. For a…

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