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Luno cuts 20% of staff as crypto layoffs spread across 12 firms in July

<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://s3-images.ctmedia.io/media/article-covers/layoffs-fired-human-resource-hr-leaving-quit-box-1.jpg" alt="Luno cuts 20% of staff as crypto layoffs spread across 12 firms in July" class="type:primaryImage"></p><p>Luno and Gnosis joined a widening round of crypto restructurings in July, when at least 12 companies reported job cuts.</p>

Japanese game developer launches Bitcoin, altcoin fund with SBI

<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://s3-images.ctmedia.io/media/article-covers/crypto-blockchain-puzzle-charity-donations-unite-ukraine.jpg" alt="Japanese game developer launches Bitcoin, altcoin fund with SBI" class="type:primaryImage"></p><p>The Bitcoin and altcoin fund builds on Gumi’s growing crypto business centered around XRP, with the company nearly doubling its crypto holdings over the past year.</p>

Ethereum Foundation adds SEAL 911 co-founder to board as privacy focus grows

<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://s3-images.ctmedia.io/media/article-covers/hi-what-is-digital-identity-management-and-why-is-it-important.jpg" alt="Ethereum Foundation adds SEAL 911 co-founder to board as privacy focus grows" class="type:primaryImage"></p><p>Pascal Caversaccio joins the Ethereum Foundation’s four-member board as the organization elevates privacy and security in its protocol strategy.</p>

Ford’s big-truck bet is paying off — and Wall Street is taking notice

A turnaround story could be in the works at Ford, which gets less love than GM on Wall Street.

Why SoFi’s stock drops, even after its earnings beat expectations

Investors were disappointed by the neobank’s restrained guidance.

US arbitration giant launches specialist panel for crypto disputes

<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://s3-images.ctmedia.io/media/article-covers/hi-bitmain-speaker.jpg" alt="US arbitration giant launches specialist panel for crypto disputes" class="type:primaryImage"></p><p>The American Arbitration Association’s Web3 Panel brings together specialists in blockchain, smart contracts, digital assets and autonomous transactions.</p>

Chipotle lifts its sales forecast even as a lettuce-linked outbreak slows foot traffic

Mexican fast-casual chain acknowledged ‘softening’ traffic in the second half of July, but it’s taking a rosier view of its full-year prospects.

‘I’m in my peak earning years’: I’m working beyond 70. Will that help increase my Social Security?

“I plan to retire at the end of my 70th year and transition to Medicare.”

Why the USO oil ETF is a better buy than crude futures as the Iran war rages

The United States Oil Fund has climbed by 58% since the start of the Iran war, more than double the gain of WTI crude futures.

Robinhood posts record quarter, but crypto revenue slides 38%

<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://s3-images.ctmedia.io/media/article-covers/robinhood.jpg" alt="Robinhood posts record quarter, but crypto revenue slides 38%" class="type:primaryImage"></p><p>The online brokerage continued expanding its digital asset business with Robinhood Chain, tokenized stocks and decentralized lending even as cryptocurrency transaction revenue declined.</p>

Binance.US to attempt prediction markets entry as CFTC-licensed entity, says CEO

<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://s3-images.ctmedia.io/media/article-covers/paper-document-man-office-cftc.jpg" alt="Binance.US to attempt prediction markets entry as CFTC-licensed entity, says CEO" class="type:primaryImage"></p><p>The CEO of the US crypto exchange said that the company would apply for a license with the CFTC in August allowing it to offer prediction markets.</p>

Bond market is calling Warsh’s bluff on inflation fight as yields surge

The yield on the 30-year Treasury bond touched its highest level since 2007 during Warsh’s press conference.

Rising Part D premiums could drive more people into Medicare Advantage plans

Medicare Advantage plans could be the winners of a decision by the Trump administration to put an early end to a program that kept the cost of Medicare prescription drug plans lower.

Starbucks is becoming cool again. Here’s how it pulled off its turnaround.

Trendier products, faster service and more food options boost Starbucks’ earnings.

Qualcomm’s stock falls as memory woes weigh on earnings

The chip company came up short on its bottom line.

‘Love Island USA’ winners are spending their $100,000 prize money in a very relatable way

Trinity Tatum and Bryce Alakai aren’t spending their reality-TV winnings on shopping sprees just yet.

Robinhood puts up record revenue as volatility drives a trading bonanza

Prediction-market revenues on the popular trading app increased tenfold during the second quarter.

Crypto entering biggest consolidation phase in history, says ARK analyst

<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://s3-images.ctmedia.io/media/article-covers/layoffs-fired-human-resource-hr-leaving-quit-closing-breaking-news-2.jpg" alt="Crypto entering biggest consolidation phase in history, says ARK analyst" class="type:primaryImage"></p><p>ARK Invest’s Lorenzo Valente says revenue is becoming increasingly concentrated among a handful of crypto protocols, setting the stage for more mergers, acquisitions and exchange closures. </p>

Looking for a second home? Sellers in these markets could be ready to make a deal.

House hunters could find good prices in second-home markets across the South and Midwest.

Tennessee county passes another ban on crypto operations

<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://s3-images.ctmedia.io/media/article-covers/hi-top-5-biggest-bitcoin-mining-farms-tn.jpg" alt="Tennessee county passes another ban on crypto operations" class="type:primaryImage"></p><p>A group of 12 county commissioners voted unanimously to ban mining facilities and data centers in unincorporated areas as it deals with a lawsuit by a digital asset company.</p>