Strategy keeps STRC dividend at 12% below $90
Strategy Inc. kept the annual dividend rate on its STRC preferred stock at 12% for August 2026, even though the Nasdaq-listed security ended July more than 10% below its $100 stated amount. Summary 12% annualized dividend remains unchanged for August…
Trump Media launches Truth API amid SEC scrutiny
Trump Media & Technology Group’s Truth API became available to institutional customers on Aug. 1, giving trading firms rapid, machine-readable access to posts from influential Truth Social accounts, including U.S. President Donald Trump’s account. Summary August 1 launch gives institutions…
Minnesota loses first round against Kalshi, Polymarket
Minnesota’s prediction market ban remained blocked on Aug. 2, one day after the law was scheduled to take effect. Summary July 27 injunction keeps Kalshi and Polymarket operating while Minnesota’s preemption case continues in court. Walz barred state employees from…
Is a Drop Below $1 Inevitable as Sellers Stay in Control?
Ripple’s XRP remains under steady selling pressure as the latest rebound attempts continue to lose momentum. The recent price action suggests sellers are maintaining control, while buyers are once again being forced to defend a critical support area. Ripple Price…
Allbridge Pauses Protocol After $1.65M Exploit Drains Stablecoin Liquidity Pools
Allbridge has asked users to withdraw liquidity immediately after a $1.65 million exploit. Cross-chain stablecoin bridge, Allbridge Core, suffered a security exploit that resulted in losses of approximately $1.65 million, according to blockchain security firm PeckShield. The firm said…
3 AIs Give Surprising Answers
SOL is the “easiest pick,” ChatGPT said. The prolonged bear market has left numerous crypto investors underwater, as prices of countless digital assets have crashed by double digits over the past several months. Despite the grim reality, the current…
Crypto Is No Longer the ‘Belle of the Ball,’ Warns Bitwise’s Matt Hougan
Crypto winter looks different this cycle as capital rotates toward smaller assets with credible fundamentals instead. Bitwise Chief Investment Officer Matt Hougan said the “brutal” cryptocurrency market is no longer the “belle of the ball,” as digital assets are…
BTC Plunge Triggers Altcoin Sell-off as ADA Bucks the Trend
Key Takeaways Bitcoin fell to $62,236 on July 31, reducing its market capitalization to $1.26 trillion. Altcoins tracked the slide as total market cap fell to $2.22 trillion by Aug. 2, though ADA surged 15.3%. Passage of the CLARITY Act…
Strategy keeps STRC dividend at 12% below $90
Strategy Inc. kept the annual dividend rate on its STRC preferred stock at 12% for August 2026, even though the Nasdaq-listed security ended July more than 10% below its $100 stated amount. Summary 12% annualized dividend remains unchanged for August…
Coinkite Under Fire for Retaining Customer Emails After $88M Coldcard Hack
Key Takeaways Coinkite emailed buyers dating back to 2019 to warn of a bug, sparking anger over data retention. Users slammed the firm for storing email data despite past claims of erasing buyer info after 90 days. Coinkite defended holding…
Trump Media launches Truth API amid SEC scrutiny
Trump Media & Technology Group’s Truth API became available to institutional customers on Aug. 1, giving trading firms rapid, machine-readable access to posts from influential Truth Social accounts, including U.S. President Donald Trump’s account. Summary August 1 launch gives institutions…
Tether Posts $1.5 Billion Q2 Operating Profit as Treasury Holdings Drive Earnings
Tether, the issuer of the world’s largest stablecoin USDT, reported $1.5 billion in net operating profit for the second quarter of 2026, as returns from its U.S. Treasury portfolio continued to power earnings despite declines in the value of its…
Saylor’s New Message Sparks Buy Speculation
Key Takeaways Saylor’s Sunday post fueled expectations of a Monday bitcoin buy announcement. Strategy’s ledger shows 3,588 BTC sold across two recent transactions. The company holds 843,775 BTC acquired for nearly $63.69 billion. Saylor’s ‘Bitcoin Drive’ Post Revives Buy Expectations…
Minnesota loses first round against Kalshi, Polymarket
Minnesota’s prediction market ban remained blocked on Aug. 2, one day after the law was scheduled to take effect. Summary July 27 injunction keeps Kalshi and Polymarket operating while Minnesota’s preemption case continues in court. Walz barred state employees from…
New York Sues Kalshi, Calls Prediction Market an ‘Illegal Gambling Operation,’ Seeks $36 Billion
New York has filed a sweeping lawsuit against prediction market platform Kalshi, accusing the company of operating an illegal gambling business and seeking penalties that could total at least $36 billion. The lawsuit, filed on July 31 by New York…
Is a Drop Below $1 Inevitable as Sellers Stay in Control?
Ripple’s XRP remains under steady selling pressure as the latest rebound attempts continue to lose momentum. The recent price action suggests sellers are maintaining control, while buyers are once again being forced to defend a critical support area. Ripple Price…
AI Stocks Trade Like Memecoins While Bitcoin Barely Moves
This editorial is from this week’s edition of the newsletter Week in Review, sent to subscribers on Friday. Subscribe to the newsletter to get this weekly editorial the second it’s finished. The newsletter also includes the biggest stories of the…