Bitcoin Cold-Wallet Attack Spreads to 4,500 Addresses as Losses Near $89 Million
A sophisticated attack exploiting a years-old vulnerability in Bitcoin cold wallets has expanded significantly, with blockchain researchers estimating that nearly $89 million worth of BTC has now been stolen from more than 4,500 wallet addresses. The campaign, which targets wallets…
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…
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…
Aave Plans to Shut Down Six Blockchain Deployments in Strategic Network Cleanup
Aave, the world’s largest decentralized lending protocol, is preparing to streamline its multi-chain footprint by retiring six blockchain deployments and dozens of underutilized asset markets. The proposal, currently under governance review, is part of a broader effort to cut operating…
Strategy Posts $8.2 Billion Q2 Net Loss as Bitcoin Slump Cuts Holdings Value
Strategy (NASDAQ: MSTR) reported an $8.22 billion net loss for the second quarter of 2026 after a decline in Bitcoin prices sharply reduced the reported value of its digital asset holdings under fair-value accounting rules. The results highlight how closely…
SEC Ready to Write Crypto Rules if CLARITY Act Stalls, Chair Atkins Says
The U.S. Securities and Exchange Commission (SEC) is prepared to move ahead with its own cryptocurrency regulatory framework if Congress fails to pass the Digital Asset Market Clarity (CLARITY) Act, according to SEC Chair Paul Atkins. Speaking with CNBC, Atkins…
MoonPay Launches PayBox, Letting ChatGPT and Claude Turn Prompts Into Crypto Payments
MoonPay has unveiled PayBox, a new AI-native payment vault that enables ChatGPT and Claude users to securely execute cryptocurrency transactions, interact with decentralized finance (DeFi) protocols, and even make real-world purchases without leaving the conversation. The company says the product…
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…
Senate Shelves CLARITY Act as Russia Sanctions Bill Takes Priority
The U.S. Senate has temporarily shelved the Digital Asset Market Clarity (CLARITY) Act as lawmakers prioritize a Russia sanctions package and a backlog of federal nominations, delaying one of the cryptocurrency industry’s most closely watched legislative efforts. The shift further…
Coinbase Eyes Canada’s ‘Everything Exchange’ but Says Clearer Crypto Rules Must Come First
Coinbase is looking to transform its Canadian business from a cryptocurrency trading platform into a comprehensive digital finance hub, but the company says regulatory modernization will be essential before that vision can become reality. Rather than offering only crypto trading,…
