Archives for August 3, 2026

Initial support stands at 24.94 million SOL, or 5.8% of the 432.65 million staked, roughly 38% of the way to the 15% threshold a proposal must clear before it reaches an actual vote. That leaves 39.95 million SOL to find, or about $2.9 billion, before signaling closes on Aug. 18. Sixteen validators have signaled so […]

Separately, Bitcoin treasury firm Strategy disclosed Monday it sold 1,638 bitcoin for about $105 million between July 27 and Aug. 2, its third sale of 2026, per an SEC filing. The average price was $63,957, well below the company’s $75,419 average cost basis, and proceeds went to preferred dividends and STRC buybacks rather than back […]

Since July 30, attackers have drained thousands of BTC from Coldcard-generated wallets, exploiting a flaw dating back to March 2021. According to researchers at Galaxy, total damage so far is about $130 million in BTC. Over the weekend, some analysts pointed to increased inflows of BTC onto exchanges as the hack dented confidence in self-custody […]

A supervising U.S. FBI agent who worked in intelligence at the national headquarters has been arrested and accused in a federal court filing of stealing more than $1 million in cryptocurrency. The high-level special agent, identified as Patrick Steven Yarmoch, allegedly turned himself in to agency colleagues, reporting that he dug crypto keys from FBI […]

Matt Prusak, president and interim chief financial officer of Trump-linked bitcoin miner American Bitcoin (ABTC), is leaving the company to join AI and energy infrastructure developer Giga Energy, marking another senior executive move toward the power sector that is increasingly underpinning both bitcoin BTC$63,784.58 mining and artificial intelligence. Prusak said he will step down from […]

U.S. Treasury Secretary Scott Bessent confirmed Sunday that the U.S. joined Japan in coordinated foreign exchange intervention last Friday, calling it a move to counter “disorderly yen movements.” The USD/JPY pair almost hit 164 its weakest level since 1986 before snapping back to 156.5 on Monday. “We will not hesitate to participate in further joint […]

Morgan Stanley downgraded shares of Circle Internet (CRCL) to underweight from equal-weight on Monday and cut its price target to $38 from $106, citing a weaker long-term earnings outlook. The stock, which slid 6% following the report, has fallen about 30% year-to-date, reflecting growing investor concern over the outlook for USDC, the company’s dollar-backed stablecoin […]

The Clarity Act is widely viewed as the crypto industry’s most important piece of U.S. legislation, with supporters arguing it would establish clear rules for digital assets, reduce regulatory uncertainty and unlock broader institutional adoption. Analysts say passage would improve market sentiment by giving banks, asset managers and exchanges greater confidence to invest in blockchain […]

In 2024, BlackRock launched its first tokenized money-market fund, BUIDL, with Securitize (SECZ). The fund has since grown to roughly $2.5 billion in assets and is increasingly used across crypto markets as collateral for borrowing and leveraged trading. BlackRock Chief Financial Officer Martin Small said during the recent Q2 2026 Earnings Call that the financial […]

Bitmine Immersion (BMNR), the largest Ethereum treasury company, bought 10,399 ether (ETH) during last week as Chairman Tom Lee pointed to ether’s strongest monthly performance against the Nasdaq in a year as evidence that crypto is recovering. The purchase, worth roughly $19.1 million at ETH’s current price of $1,840, lifted Bitmine’s holdings to almost 5.8 […]