Adam Forsyth

Michael Saylor says BIP-110 lacks miner consensus

Bitcoin Improvement Proposal 110 can no longer reach its 55% voluntary miner threshold during the current difficulty period, according to blockchain signaling data and an Aug. 1 analysis from Strategy Executive Chairman Michael Saylor.  Summary 28 signaling blocks appeared among…

Teleprompter Operator Accused in Kalshi Betting Case Is No Longer a Federal Employee

A White House teleprompter operator at the center of Trump speech betting allegations is out of government. White House teleprompter operator Gabriel Perez is no longer employed by the federal government after being placed on unpaid leave over allegations…

Crypto

Bitcoin ETFs gain fresh case after $89M Coldcard drain

Bloomberg Intelligence senior ETF analyst Eric Balchunas said on Aug. 2 that the Coldcard security failure strengthens the case for U.S. spot Bitcoin ETFs, especially for investors who want long-term price exposure without managing private keys.  Summary Galaxy traced 1,367.05…

PayPal Betting Big on Stablecoins After Disclosing Q2 Results

PayPal processed a record $486.4 billion in payments during the second quarter and created a dedicated crypto division as it expands its digital asset strategy. PayPal has reported $486.4 billion in total payment volume for the second quarter on…

XRP Ledger urges node upgrade after manifest flood

Ripple Director of Engineering Vijay Khanna urged XRP Ledger node operators on Aug. 2 to install xrpld version 3.2.1 after developers observed a validator manifest flood on July 31.  Summary July 31 manifest flooding prompted xrpld 3.2.1 while XRP Ledger…

Robinhood’s Q2 Revenue Hits Record $1.31B as Prediction Markets Fuel 10x Surge in Event Contracts

Robinhood generated $156 million from event contracts in a dramatic jump from the same quarter last year. Robinhood posted record second-quarter net revenue of $1.31 billion, up 32% year-over-year, as activity across prediction markets, options, and equities helped offset…

Coldcard users face urgent seed migration warning

Dogecoin community contributor Mishaboar urged Coldcard users on Aug. 1 to move their Bitcoin to wallets controlled by newly generated seed phrases.  Summary 1,367.05 BTC worth $88.6 million was drained from 4,585 addresses across three suspected attack waves. Coinkite says…

Crypto

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…