Cryptocurrency
London Stock Exchange Plans Overnight Venue to Capture Global Demand
The London Stock Exchange is preparing to launch a dedicated overnight trading venue by the first half of 2027, bowing to investor pressure for market access that extends well beyond the traditional 8:00 a.m. to 4:30 p.m. business day to compete with the 24/7 nature of cryptocurrency and tokenized equity platforms.
Patrick Witt remains in Washington as CLARITY Act deadline looms
White House crypto adviser Patrick Witt will remain at his post after deferring mandatory military training, ensuring the administration’s lead negotiator stays in Washington for the final weeks of the Senate session. The shift avoids a leadership vacuum just as lawmakers scramble to finalize the stalled CLARITY Act before August.
Celsius Co-founders Agree to $6.5M Settlement Over Fraud Claims
Former Celsius Network executives Shlomi Daniel Leon and Hanoch Goldstein have agreed to pay a combined $6.5 million to resolve Federal Trade Commission fraud charges. The settlements conclude the agency's civil enforcement against the pair, following a previous $10 million agreement reached by former CEO Alex Mashinsky earlier this year.
Polymarket flags 100 wallets amid $200M insider trading probe
Nearly 100 suspicious cryptocurrency wallets have been referred to law enforcement by Polymarket as the prediction platform faces mounting scrutiny over potential insider trading. A Bloomberg analysis identified roughly $200 million in flagged trades during the first half of 2026, primarily concentrated within volatile geopolitical event contracts.
HashKey, Kbank and BPMG Partner on South Korean Stablecoin Infrastructure
A strategic alliance between HashKey Group, South Korea’s Kbank, and blockchain developer BPMG Group aims to build infrastructure for won-backed stablecoin payments. The memorandum of understanding sets a framework for testing cross-border trade settlement models, provided these systems pass stringent local regulatory compliance and feasibility assessments.
Coinbase Backs Revised CLARITY Act Amid Stalled Senate Ethics Talks
Coinbase has thrown its weight behind a bolstered version of the CLARITY Act, citing significant improvements in consumer safeguards negotiated by Senate Democrats. Despite this industry endorsement, the legislation faces a narrowing window for passage as disputes over crypto-related ethics rules for elected officials keep a Senate floor vote in limbo.
Exodus cuts 25% of workforce to pivot toward stablecoin payments
Exodus Movement has eliminated approximately 25% of its global workforce, a reduction likely impacting 54 employees. The crypto wallet provider is restructuring its operations to prioritize a full-stack stablecoin payments platform, aiming to integrate its recent acquisitions of Monavate and Baanx while curbing annual operating expenses.
Tether Gold secures regulatory status in Abu Dhabi
Abu Dhabi Global Market has officially designated Tether Gold as an Accepted Spot Commodity, granting regulated financial firms the authority to offer services involving the tokenized asset. This regulatory milestone arrives as the total value locked in the XAUT token has surged by 246% over the past year to $2.86 billion.
Grayscale Files for Worldcoin ETF as WLD Market Sentiment Shifts
A 4.5% price bump for Worldcoin followed Grayscale’s move to register a spot ETF with the U.S. Securities and Exchange Commission. The proposed product, filed to trade on Nasdaq under the ticker GWLD, seeks to offer investors direct exposure to the World Network token without the complexities of self-custody.
SpaceX Shares Slide as Investors Eye Tesla Earnings and Starship Test
SpaceX stock has dipped to $119.79 following seven consecutive losing sessions, leaving the share price 11% below its $135 IPO valuation. As the company navigates a persistent technical downtrend, market attention is shifting toward the upcoming Tesla earnings report and the rescheduled Starship Flight 13 launch attempt later this week.
Ethics standoff stalls Senate vote on CLARITY Act
Confidence in the CLARITY Act’s passage has cratered to 31% on Polymarket as a deepening ethics dispute over Donald Trump’s digital asset interests freezes Senate negotiations. With the August recess approaching, the lack of a clear White House position on conflict-of-interest rules has left the legislation in a precarious legislative limbo.
Trump administration weighs crackdown on Chinese AI as Kimi K3 surges
The Trump administration is reconsidering potential restrictions on Chinese open-source AI models after Moonshot AI’s Kimi K3 claimed the top spot on a prominent coding leaderboard. The performance of the 2.8-trillion-parameter model has intensified concerns within Washington over the rapid advancement of Beijing-based AI laboratories.
US House Committee to Debate Future of Sports Prediction Markets
The House Agriculture Committee is set to scrutinize sports prediction markets as gaming associations lobby for a federal ban on contracts offered by platforms like Kalshi and Polymarket. The hearing pits the advocates of existing federal derivatives oversight against industry groups claiming these platforms operate as unlicensed, nationwide gambling services.
One Year Later: GENIUS Act Faces Implementation Gridlock
One year after President Donald Trump signed the GENIUS Act into law, federal regulators have missed their statutory deadline to finalize key stablecoin rules. While the legislation provided a foundational legal framework that encouraged institutional adoption, the failure to complete necessary rulemaking has left firms navigating a persistent landscape of compliance uncertainty.
Changpeng Zhao contrasts Bitcoin scarcity with AI investment cycle
“AI is great, but it does not protect you against inflation. Bitcoin does.” With this distinction, Binance founder Changpeng Zhao has challenged the narrative that artificial intelligence investments offer a comprehensive financial hedge, positioning Bitcoin’s 21-million-coin supply cap as a superior shield against the erosion of purchasing power.
Nigeria moves to rein in $59 billion crypto market with executive order
President Bola Tinubu has signed an executive order establishing a unified framework for Nigeria’s cryptocurrency sector, a move aimed at closing regulatory gaps that allowed $59 billion in inflows to move through the country largely unchecked between mid-2023 and mid-2024, according to International Monetary Fund data.
Hackers Target Kenyan President's Website With Bitcoin Ransom
Digital attackers seized control of president.go.ke on July 18, replacing the homepage with insulting messages and a demand for 5 Bitcoin. The breach prompted an immediate shutdown of the portal as Kenyan authorities launched a forensic investigation into how the intruders bypassed established security protocols to reach the presidential domain.
Crypto VC Funding Holds at $1.2 Billion as DeFi Interest Wanes
Crypto startups secured $1.2 billion in funding during July, even as deal volume tightened significantly. While capital remains accessible for major exchanges and AI-focused ventures, the broader venture market is shifting, with decentralized finance projects hitting their lowest quarterly investment levels in years.
SEC Sues Mining Automatic Over $22 Million Crypto Fraud
Promising guaranteed monthly returns, Mining Automatic allegedly funneled $22 million from over 380 investors into a shell game rather than the crypto mining operations it advertised. The SEC now seeks to permanently bar the Florida-based firm and its owner, Zan Shaikh, following a two-year investigation into the scheme.
Bitcoin Miners Pivot to AI as Hut 8 and IREN Ink Billions in Deals
Former Bitcoin miners are rapidly transforming into AI infrastructure giants, with Hut 8 securing a second $9.8 billion lease at its Texas data center and IREN adding $2.8 billion in new contracts. The announcements highlight a strategic shift as power-rich mining firms pivot to accommodate surging global demand for computing capacity.
The GENIUS Act’s First Anniversary Is a Broken Promise
The GENIUS Act, signed into law on July 18, 2025, promised a clear regulatory future for the $300 billion stablecoin industry. Yet, as the one-year deadline for federal agencies to finalize rules passed this Saturday, not a single regulation was complete, leaving issuers to navigate a landscape of uncertainty.
Andrew Cuomo joins OKX board to steer U.S. institutional push
Former New York Governor Andrew M. Cuomo has joined the board of directors at cryptocurrency exchange OKX, formalizing a relationship that began with his advisory work in 2023. The appointment underscores the company’s strategic effort to bridge traditional financial infrastructure with the digital asset ecosystem.
Strategy Beefs Up Cash Reserves via $263.5M Stock Sale
Strategy bolstered its dollar reserves by $263.5 million this week, selling 2,732,318 shares of its common stock while leaving its massive Bitcoin hoard untouched. The move marks a second consecutive week of equity-driven fundraising as the company prioritizes liquidity for dividend and debt obligations.
BitMine Nears 5% Ethereum Supply Goal After Latest Treasury Buy
BitMine Immersion Technologies has added 7,430 ETH to its corporate coffers, bringing its total holdings to 5,777,468 tokens. The firm now controls approximately 4.8% of Ethereum’s total supply, moving within striking distance of its stated goal to secure 5% of all circulating tokens through its aggressive treasury strategy.
The accidental rescue: How crypto caught a bank bailout
When Silicon Valley Bank collapsed in March 2023, the US government triggered an obscure legal override to prevent a broader financial contagion. The move unintentionally saved the stablecoin USDC, which had $3.3 billion trapped in the failing institution, sparking a false belief that the state acts as crypto’s lender of last resort.
Zilliqa halts ZIL transfers following exchange cold wallet breach
A suspected cold wallet compromise at an unnamed exchange partner has triggered a network-wide suspension of ZIL deposits and withdrawals. Zilliqa developers confirmed the theft of tokens from the partner's storage, forcing trading platforms to restrict asset movement while investigators attempt to determine the scope of the breach.
Vietnam Imposes Fines on Unlicensed Crypto Trading
Investors in Vietnam face penalties of up to $1,900 for trading on unauthorized cryptocurrency platforms as the government enforces strict new regulations. Decree No. 284/2026/NĐ-CP, effective September 1, signals a shift toward a controlled domestic market, aiming to curb offshore activity and bolster local oversight of digital assets.
Crypto Institutions Pivot From Audits to Live Security Monitoring
Institutional investors are abandoning the traditional reliance on point-in-time smart contract audits, shifting their focus toward continuous monitoring and infrastructure resilience. This change follows data showing that compromised keys and signer infrastructure—not code flaws—accounted for 88.3% of the $764 million lost to exploits during the second quarter of 2026.
Capital B Sets September Date for 10-for-1 Reverse Stock Split
Capital B will consolidate its stock at a 10-for-1 ratio beginning September 8, a move the French company says is designed to attract a wider pool of institutional investors. The shift reduces total outstanding shares from over 300 million to approximately 30 million, while keeping the aggregate value of holdings intact.
State Duma readies final vote on sweeping Russian crypto legislation
With a pivotal vote scheduled for Tuesday, July 21, the Russian State Duma is poised to push its primary cryptocurrency bill through its second and third readings. The legislation, titled “On Digital Currency and Digital Rights,” aims to codify a regulatory framework for digital assets while maintaining strict domestic payment bans.