Strategy Inc. and Michael Saylor declared support for the CLARITY Act on July 31 as Senate lawmakers faced mounting pressure to advance comprehensive cryptocurrency rules. Their support connects the legislation with institutional adoption, market growth, and clearer protections for digital asset ownership. Strategy and Saylor Join the CLARITY Act Campaign Strategy Inc. (Nasdaq: MSTR) announced […]
Read MoreColdcard Attacker Stole $30M in 10 Minutes by Targeting Big Wallets
Chainalysis found that the Coldcard attacker stole roughly $30 million within 10 minutes after prioritizing the largest wallets. The $38 million-plus sweep reached 500 wallets and exposed lasting risks for seeds created on vulnerable firmware. Attacker Prioritized Coldcard Wallets With the Largest Balances Blockchain analytics firm Chainalysis revealed on July 31 that the attacker targeted […]
Read MoreCLARITY Act Push Hits 1 Million With 7 Days Before Senate Recess
Stand With Crypto claims advocates have contacted lawmakers one million times with seven days remaining before the August recess, while federal and state officials raise competing concerns over fraud protections, enforcement authority, and presidential conflicts. Million-Contact Campaign Intensifies Senate Pressure Stand With Crypto, a nonprofit crypto advocacy organization that mobilizes digital asset owners around legislation […]
Read MoreBitcoin Traders Lose $100M as BTC Drops $3K in 12 Hours
Bitcoin fell nearly $3,000 on July 31, dropping to an intraday low of $62,369 and slashing its monthly gain from 10% to 4.5%. Market capitalization fell from $1.3 trillion to $1.26 trillion. Federal Reserve Momentum Fades Bitcoin tumbled on the last day of July, shedding nearly $3,000 during a frantic 12-hour period that saw the […]
Read MoreUSDT Issuer Tether Hits $1.5B Q2 Profit, Hoards 98,932 Bitcoin
The largest stablecoin company reported a $446 million market capitalization increase despite a general market slowdown in Q2. While most of USDT’s collateral is still comprised of U.S. Treasury bills, the company grew its gold stash by 14 tons of physical gold, with a net revenue of $1.5 billion. Tether Releases Q2 Attestation, Reports $1.5 […]
Read MorePeter Schiff Says Strategy’s STRC Plan Hurts MSTR Shareholders
Shares of Strategy Inc. fell about 7% after the company released second-quarter earnings, while Peter Schiff argued that its STRC financing priorities increasingly disadvantage MSTR shareholders. The dispute highlights competing views over preferred-stock stability, bitcoin reserves, and common-stock value. Schiff Targets Strategy’s STRC Priority Selling pressure intensified around Strategy Inc. (Nasdaq: MSTR) on July 31 […]
Read MoreBlackrock Drives 79% of Bitcoin ETFs $233M Inflow
Bitcoin ETFs attracted $233.13 million on Thursday, extending their recovery to a second straight session. Ether, XRP, and solana funds also finished in positive territory, while HYPE ETFs recorded no net flows. 7 Bitcoin Funds Gain as Blackrock Pulls $183.38M The institutional bid for bitcoin returned with force. After ending a four-day losing streak one […]
Read MoreCircle Hits Regulatory Milestone With NYDFS Trust Charter
The limited trust charter received adds to the OCC approval to establish a National Trust Bank, positioning Circle as one of the most regulated stablecoin issuers in the cryptocurrency ecosystem. Circle was the first company to receive a New York BitLicense in 2015. Circle Receives Limited Purpose Trust Charter From NYDFS Circle, a financial and […]
Read MoreNY Sues Kalshi, Demanding $100K Fine Per Illegal Bet
The lawsuit alleges that Kalshi acted as an unlicensed gambling operator, stressing that prediction markets meet the legal definition of gambling as the outcomes of event contracts “are uncertain and outside the control of the bettor or hinge on a game of chance.” New York Alleges Kalshi Violated State Laws Operating an Unlicensed Gambling Business […]
Read MoreCoinbase Hits Record 10.3% Market Share Despite $359M Loss
Coinbase Global (Nasdaq: COIN) captured an all-time-high 10.3% share of global crypto trading volume in the second quarter, even as the exchange posted a $359 million net loss on revenue that missed Wall Street estimates. Market Share Climbs for a Third Straight Quarter Coinbase disclosed the milestone in its second-quarter 2026 earnings release yesterday, calling […]
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