This Trader Sold His CASHCAT for $711 Instead of Retiring: Here’s the Math
Key Takeaways Lookonchain says a trader sold 20M CASHCAT for $711, missing $2.7 million after the token’s July surge. CASHCAT hit an all-time high of $0.147 on July 8 as Robinhood Chain DEX volume topped $563 million. CASHCAT’s roughly $105…
Coinfest Asia 2026 Scheduled for August in Bali with Specialized Industry Tracks
Coinfest Asia 2026, organized by Indonesia Crypto Network through its subsidiary Coinvestasi, will take place from Aug. 20 to 21 at Melasti Beach in Bali, Indonesia. The event is structured to bring together digital asset institutions, developers, and market participants….
New CLARITY Act Draft Could Land Next Week as Senate Faces 60-Vote Test
Key Takeaways Sources say the merged CLARITY Act adds over 70 pages and could drop the week of July 13. The bill needs 60 Senate votes; two Democrats warn unresolved ethics rules could cost their support. Floor action is targeted…
Circle Accused by New York and Wisconsin Prosecutors of Hindering USDC Recovery for Scam Victims
Key Takeaways Wisconsin charged Circle over a warrant to seize 381,000 USDC stolen in a crypto romance scam. Circle holds 119 million frozen tokens, with critics noting it earns interest on backing reserves. Circle reached a federal deal to permanently…
[Exclusive] BSP: Crypto-to-Crypto Trading ‘Fits Naturally’ Under SEC; VASP Rule Amendments Planned
The Bangko Sentral ng Pilipinas (BSP) said crypto-to-crypto trading for speculative or investment purposes through an exchange “fits naturally” under the perimeter of the Securities and Exchange Commission (SEC), and confirmed it plans to expose amendments to Circular No. 1108,…
Bitdeer Invests $36 Million in First US Sealminer Factory as Bitcoin Mining Margins Stay Tight
Key Takeaways Bitdeer is building a $36M Nevada plant to produce 10,000 Sealminer units monthly by 2026. Sealminer efficiency targets weak mining margins as hashprice stays near historic lows. Bitdeer is expanding U.S. manufacturing and AI infrastructure to strengthen long-term…
Tether Expands Its Footprint in Latin America With a $20 Million Investment in Mercado Bitcoin
Key Takeaways Tether invested $20M in Mercado Bitcoin, accelerating the expansion of Latam on-chain payment infrastructure. Mercado Bitcoin will deploy the capital to build tokenized assets, securing a wider footprint across Latam. Brazil is advancing stablecoin regulations, providing clear rules…
Elon Musk Says SpaceX Could Be Worth More Than Everything Else on Earth if Goals Are Met
Key Takeaways Elon Musk said SpaceX could exceed the rest of Earth’s total value if the company accomplishes its long-term goals. The claim followed criticism of a reported Anthropic, xAI, and SpaceX deal tied to AI compute access. SpaceX’s IPO,…
BDO, Chinabank, EastWest Waive InstaPay and PESONet Transfer Fees
The pricing updates follow regulatory adjustments directed by the Bangko Sentral ng Pilipinas (BSP) regarding electronic payment pricing. Source link
North Carolina Sides With Federal Preemption, Taxing Prediction Markets 6% While Sportsbooks Pay 23%
Key Takeaways North Carolina’s signed budget taxes prediction markets at 6% of net trading fee revenue, effective January 1, 2027. The state declines to require prediction platforms to hold a state license, recognizing CFTC authority instead. Sports betting operators face…
