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Greenlight Capital Re reports Q2 net loss of $29.6M, citing CAT losses and investment setbacks.

Company Fundamentals
04 Aug 2026
GlobeNewsWire
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Bearish
Greenlight Capital Re reports Q2 net loss of $29.6M, citing CAT losses and investment setbacks.

Greenlight Capital Re reported a net loss of $29.6 million for Q2 2026, impacted by catastrophe losses and a $23.8 million investment loss. Gross premiums written rose slightly by 2% to $183.1 million, but underwriting results weakened with a combined ratio of 100.1%. Despite the loss, the company repurchased $14.2 million in shares and maintains a disciplined approach amid market volatility. The company will discuss results further in an earnings call on August 5, 2026.

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New euro stablecoin EURR gains $665K market cap days after launch with Revolut partnership.

New euro stablecoin EURR gains $665K market cap days after launch with Revolut partnership.

EURR, a new euro-backed stablecoin launched by Bridge Building S.A., gained $665,300 in market cap within 24 hours shortly after its August 26, 2026 launch. Backed 1:1 by euros held in regulated banks and compliant with the EU's MiCA regulations, EUR...

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4 hours ago
Tokenized stock trading hits $3B weekly, led by Robinhood Chain, BNB, and Solana networks.

Tokenized stock trading hits $3B weekly, led by Robinhood Chain, BNB, and Solana networks.

Tokenized equity trading volume reached nearly $3 billion weekly in August, driven mainly by Robinhood Chain, BNB Chain, and Solana. Despite this growth, only about 5% of tokenized stocks are used in onchain financial applications, with total value l...

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Ethereum introduces EIP-8141 with frame transactions to enhance scalability and native account abstraction.

Ethereum introduces EIP-8141 with frame transactions to enhance scalability and native account abstraction.

Ethereum is set to upgrade its network with EIP-8141, introducing 'frame transactions' that split one transaction into up to 64 programmable frames. This new transaction type enables native account abstraction, gas sponsorship, and atomic batching, a...

Protocol Fundamentals
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30 institutions hold $75M in Hyperliquid ETFs, led by Brazil's Wealth High Governance Asset Management.

30 institutions hold $75M in Hyperliquid ETFs, led by Brazil's Wealth High Governance Asset Management.

As of June 30, 2026, thirty institutional investors collectively held about $74.9 million in Hyperliquid ETF products, with Brazil's Wealth High Governance Asset Management leading at nearly $24 million in the 21Shares' THYP fund. These ETFs track th...

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5 hours ago
Useless Coin surges 300% in a week but faces possible pullback after intense buying.

Useless Coin surges 300% in a week but faces possible pullback after intense buying.

Useless Coin (USELESS) hit a 10-month high of $0.286 after rallying 300% in a week, driven by strong buying and new holders. Despite intense buying pressure and positive momentum indicators, the rally may be overextended, suggesting a potential pullb...

Technical Signals
Neutral
5 hours ago
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