CLARITY Act faces Senate test as Bessent demands vote
U.S. Treasury Secretary Scott Bessent has urged senators to vote immediately on the CLARITY Act, increasing pressure on lawmakers to test support for the crypto market structure bill before the August recess. Summary Bessent demanded that the Senate vote “NOW”…
Ethereum Turns 11 Years as ETH Trades 61% Below the High Set Last August
It has been 11 years since the network behind the world’s largest altcoin launched. Here’s what happened since. Ethereum’s (ETH) genesis block turned 11 on July 30, closing quite a busy year. The network now runs on a 60…
Binance Philippines returns under SEC sandbox
Binance has regained website access across the Philippines after PLDT restored the platform on its network, extending an SEC-supervised return that remains subject to testing and local compliance requirements. Summary PLDT restored access to Binance, following a similar move by…
Japan Crypto: Gumi’s $18.3M Altcoin Fund Signals Yield-First Crypto Shift
In Japan crypto news, Japanese game developer Gumi is launching an $18.3M crypto asset fund with SBI Financial Services, and the strategy goes well beyond parking cash in Bitcoin. The fund will actively stake, rebalance, and hedge across Bitcoin and…
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…
Bitcoin Investment Products Suffer $1.44B in Outflows During Worst Week of 2026
XRP, Hyperliquid, and Near attracted fresh investor money despite massive outflows across the broader crypto fund market. Bitcoin investment products recorded $1.44 billion in net outflows last week, according to CoinShares. It was the largest weekly withdrawal from Bitcoin…
Bitcoin Mining and AI Infra Stocks Rocket as Shorts Get Burned
Key Takeaways Keel Infrastructure led gainers with a 29.13% jump to $4.10 on July 30, 2026. Citadel absorbed a hedge fund’s liquidated stock positions across major miners like IREN and Riot. Hut 8’s $9.8 billion Texas lease signals miners are…
CLARITY Act faces Senate test as Bessent demands vote
U.S. Treasury Secretary Scott Bessent has urged senators to vote immediately on the CLARITY Act, increasing pressure on lawmakers to test support for the crypto market structure bill before the August recess. Summary Bessent demanded that the Senate vote “NOW”…
Ethereum Turns 11 Years as ETH Trades 61% Below the High Set Last August
It has been 11 years since the network behind the world’s largest altcoin launched. Here’s what happened since. Ethereum’s (ETH) genesis block turned 11 on July 30, closing quite a busy year. The network now runs on a 60…
Fed Hike Odds Surge as Warsh Unleashes Hawkish Warning
Key Takeaways The Fed held rates at 3.50% to 3.75% on July 29 in a 9-3 vote with three dissents. CME Fedwatch odds for a September 16 hike rose to 61.4%, up from 50.6% a month ago. Kalshi and Polymarket…
Binance Philippines returns under SEC sandbox
Binance has regained website access across the Philippines after PLDT restored the platform on its network, extending an SEC-supervised return that remains subject to testing and local compliance requirements. Summary PLDT restored access to Binance, following a similar move by…
Japan Crypto: Gumi’s $18.3M Altcoin Fund Signals Yield-First Crypto Shift
In Japan crypto news, Japanese game developer Gumi is launching an $18.3M crypto asset fund with SBI Financial Services, and the strategy goes well beyond parking cash in Bitcoin. The fund will actively stake, rebalance, and hedge across Bitcoin and…
Galaxy Expands AI Data Center Footprint With 500-Acre Texas Campus
Galaxy said on July 28 that it has acquired approximately 500 acres of land in McGregor, McLennan County, Texas, under a development agreement with the City of McGregor, to build and operate a data center campus serving artificial intelligence and…
Hyperscale Data Sells 100 BTC to Fuel $3B AI Data Center
Key Takeaways Hyperscale Data sold about 100 bitcoin on July 30, 2026, worth roughly $6.5 million at the time. Alliance Cloud Services’ 20 MW contract with a neo-cloud client could grow past $3 billion in total revenue. GPUS now holds…
526 million tasks, two dollars each: Pi’s human workforce
Pi Network paid more than a million people to verify eighteen million identities across half a billion discrete tasks, then published the exact formula for what it paid them. Every outlet reproduced the formula. Not one converted it to dollars….
Robinhood Pulls in $1.31B Q2 Revenue as 44% Trading Surge Fuels Record Profit
Key Takeaways Robinhood posted $1.31B in Q2 revenue on July 29, driven by strong trading volume. Event contracts on Robinhood surged over 10x to $156M, signaling a retail shift in trading trends. CEO Vlad Tenev aims to expand Robinhood using…