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Stablecoins · 1 day ago
Senate Postpones CLARITY Act Vote, Leaving Limited Time Before Midterm Elections
The US Senate has delayed the vote on the CLARITY Act until September, complicating its chances of passage before the midterm elections. With unresolved disputes and limited legislative days, the bill's future remains uncertain.
Companies · 1 day ago
Coinbase to Suspend Loopring Trading, Complicating LRC Token Sales
Coinbase is set to halt LRC-USD trading, complicating the sale of Loopring tokens. With limited trading options and Loopring's own exchange now non-operational, users face challenges in managing their LRC holdings.
Companies · 1 day ago
Wintermute Secures Key Regulatory Approval to Enter U.S. ETF Market
Wintermute has achieved a significant milestone by registering as a broker-dealer with the SEC, allowing it to engage in digital asset exchange-traded products. This positions the firm to bridge traditional finance and crypto markets effectively.
Stablecoins · 1 day ago
Cypher and Osmosis Cardholders Face Urgent Deadline as Services Wind Down
Users of Cypher and Osmosis cards must act quickly as services are set to cease operations. The last day for spending is August 7, with a final withdrawal deadline of September 6.
Funding · 1 day ago
MARA Holdings Sells Majority of Mined Bitcoin, Pledges 18,750 BTC for AI Project
MARA Holdings has sold nearly all of its mined Bitcoin, pledging 18,750 BTC as collateral for a new AI-focused venture, raising concerns over its financial safety net.
Funding · 1 day ago
Trump Media Reassesses Crypto Endeavors Under Interim Leadership
Trump Media and Technology Group has halted its cryptocurrency initiatives, including a partnership with Crypto.com, citing market saturation. The company will shift focus to Truth Social and data licensing.
Policy · 1 day ago
Senate Majority Leader Thune Moves Forward with Clarity Act Cloture
Senate Majority Leader John Thune is set to file a cloture motion for the Clarity Act, aiming for a September vote on the regulation of digital assets. This move could significantly impact Bitcoin's market dynamics over the weekend.
Markets · 1 day ago
Micron Technology Thrives Amidst AI-Driven Memory Chip Shortage
Micron Technology is experiencing a surge in demand for memory chips as smartphones, medical imaging devices, and AI servers compete for the same resources. This competition has led to rising prices and a critical shortage affecting various sectors.
Mining · 1 day ago
Nvidia Stock Eyes Record High Following $2 Billion AI Investment
Nvidia-backed Firmus has secured $2 billion in funding, boosting its valuation and signaling strong ongoing investment in AI infrastructure, as Nvidia's stock approaches its all-time high.
Infrastructure · 1 day ago
Bitcoin Approaches Critical BIP-110 Deadline with 185 Blocks Remaining
Bitcoin is nearing a pivotal moment as only 185 blocks remain before the BIP-110 rules could start rejecting non-compliant blocks. Current signaling support is alarmingly low at just 2.62%.
Hacks & Exploits · 1 day ago
Phishing Scam and Exploit Target Bitcoin Users
Recent incidents involving a Trezor phishing scam and a critical BTCPay Server exploit have raised concerns about the safety of Bitcoin users' funds. A victim lost their life savings due to a fraudulent ad, while BTCPay issued an emergency patch for
Spot & ETFs · 1 day ago
Grayscale's New Trust Agreement Could Unlock 161,000 Idle ETH for Staking
Grayscale's recent trust agreement aims to convert 161,000 idle ETH into staked assets, enhancing shareholder payouts and potentially increasing staking rewards.
Companies · 1 day ago
ChangeNOW Review: Simplifying Crypto Swaps for Users
ChangeNOW aims to make crypto trading accessible with its user-friendly platform, allowing direct wallet-to-wallet swaps across 1,500 assets. However, users should be aware of the embedded fees and regional restrictions.
Compliance · 1 day ago
Brock Pierce Faces Serious Allegations in Lawsuit
A lawsuit filed against Brock Pierce and Scott Walker accuses them of engaging in fraudulent schemes, including illegal poker games and misleading investors.
Macro · 1 day ago
Gold Outshines Bitcoin by 70% Over the Past Year
In a striking turn of events, gold has outperformed Bitcoin by a staggering 70% over the last year, with gold prices surging while Bitcoin has faced significant declines.
Companies · 1 day ago
Michael Saylor Faces Backlash Over AI Video Amid BTC Sell-Off
Michael Saylor's recent AI-generated video has drawn criticism from Bitcoin enthusiasts as his company, Strategy, continues to sell off its BTC holdings. The backlash highlights growing frustration within the community.
Hacks & Exploits · 1 day ago
Coldcard Co-Founder Scrubs Social Media Amid $130M Theft Crisis
Rodolfo Novak, co-founder of Coldcard's parent company Coinkite, is removing posts from social media as the fallout from a significant security breach continues. Over $130 million has been stolen from Coldcard users due to vulnerabilities in their ha
Companies · 1 day ago
Jefferies Cuts SanDisk Price Target by 42% Amid Record Earnings
Despite reporting its highest quarterly earnings ever, SanDisk faces a significant price target reduction from Jefferies, dropping from $3,000 to $1,750.
Companies · 1 day ago
Short Seller Predicts Nvidia's Downfall Amid China Concerns
Culper Research's short-selling strategy against Nvidia has proven prescient as the company faces challenges with Chinese demand and export regulations. Their report highlighted potential legal troubles stemming from AI chip smuggling operations.
Regulation · 1 day ago
Sam Bankman-Fried's Controversial Donation to UK Think Tank Founder
Sam Bankman-Fried reportedly donated $610,000 to David Lawrence, founder of a UK think tank, shortly before the organization contributed to Labour politician Wes Streeting. This has raised questions about political funding and ethics.
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