All news
Family Offices Pivot Toward Outsourced Expertise
Managing a combined $119.37 billion, family offices are increasingly looking beyond their own walls to handle complex financial tasks. A survey of 200 industry professionals reveals that 77 percent plan to ramp up their reliance on third-party specialists over the next three years to meet growing operational demands.
Senate Unveils Bipartisan Stopgap to Avert Government Shutdown
Senate Appropriations leaders released a bipartisan funding bill Sunday designed to keep federal agencies operational through December 11, effectively punting a potential government shutdown until after the November midterm elections. The proposal aims to secure essential social programs while neutralizing contentious executive branch rules.
Brian Poindexter Calls for Max Miller’s Exit Over Abuse Allegations
Democratic congressional candidate Brian Poindexter has joined a growing chorus of critics demanding Republican Rep. Max Miller step down, arguing that those facing credible domestic abuse allegations have no place in the halls of power. The challenge follows a contentious livestream in which the incumbent denied all claims of violence.
Family Offices Pivot to Outsourcing to Scale Sophisticated Operations
With $119.37 billion in combined wealth, family offices are shifting away from internal management, as 77 percent of surveyed institutions plan to increase their reliance on third-party specialists. This trend marks a decisive move toward external expertise to handle the rising complexity of modern investment and security landscapes.
Strategy Inc. Holds STRC Dividend Steady Despite Discounted Trading
Strategy Inc. has opted to maintain its 12% annualized dividend for STRC preferred shares throughout August, holding the rate steady even as the security’s market price finished July at $89.46. The decision signals a strategic shift, prioritizing share repurchases over further payout increases while the stock trades below its $100 stated value.
Trump Media Launches Truth API Amid Scrutiny Over Market Fairness
Trump Media & Technology Group launched its Truth API on August 1, granting institutional clients millisecond-level access to posts from President Donald Trump and other influential accounts. The rollout has ignited a debate over whether monetizing presidential policy announcements via high-frequency data feeds violates federal securities laws or market fairness standards.
Coldcard Users Urged to Migrate Seeds After $88 Million Bitcoin Theft
Dogecoin contributor Mishaboar has issued an urgent directive for Coldcard users to abandon existing seed phrases and migrate funds to new wallets immediately. This follows a security breach where 1,367 BTC, valued at approximately $88.6 million, was drained from thousands of addresses due to a firmware-level vulnerability in seed generation.
XRP Ledger issues emergency patch following validator manifest flood
Ripple’s engineering team has issued an urgent call for node operators to upgrade to xrpld version 3.2.1 after a July 31 incident saw an influx of malicious validator manifests. While the ledger’s consensus mechanism remained stable throughout the event, the flood threatened to overwhelm node memory and bandwidth resources.
Family Offices Pivot to Outsourcing for Specialized Expertise
Managing a combined $119.37 billion in assets, family offices are increasingly shedding in-house operations in favor of third-party specialists. A new survey of 200 institutions across 16 countries reveals that 77 percent of firms intend to ramp up external support to navigate complex investment landscapes and heightened security threats.
HSBC Private Bank Maintains Bullish Stance on US Equities and Dollar
Despite a recent sharp sell-off in semiconductor stocks and persistent geopolitical volatility, HSBC’s private banking division is holding firm on its core strategy. The firm remains overweight on US equities and bullish on the dollar, citing resilient economic growth and the enduring competitive advantage of American artificial intelligence leadership.
Coldcard security breach fuels debate over Bitcoin ETF custody
Following the loss of approximately $88.6 million in Bitcoin linked to a firmware vulnerability in Coldcard wallets, Bloomberg Intelligence analyst Eric Balchunas argued that institutional custody funds offer a safer alternative for investors who prioritize long-term price exposure over the technical complexities of self-custody.
Outcry Intensifies After US Strike Kills Family in Qeshm
A 2,000-pound bomb struck a residential home on Qeshm Island, killing a father, mother, and their two-year-old son. The attack has drawn sharp condemnation from legal experts and human rights advocates, who argue that the use of such heavy munitions in a civilian area constitutes a clear violation of international law.
US-Supplied Munitions Identified in Beirut Strike on Hezbollah Leader
Weaponry analysis of recent Israeli airstrikes in Beirut confirms the use of U.S.-manufactured 2,000-pound bombs. The barrage, which targeted Hezbollah leader Hassan Nasrallah, leveled multiple residential apartment buildings and left a landscape of destruction that officials describe as unprecedented in scale for a single-target operation.
Minnesota Fails to Block Prediction Markets in Federal Clash
A federal judge has stalled Minnesota's attempt to ban prediction markets, granting a preliminary injunction to Kalshi and Polymarket. U.S. District Judge Katherine Menendez ruled that the state’s new law likely conflicts with Commodity Futures Trading Commission authority, leaving the platforms free to operate while legal battles continue in court.
Trump Media Wallets Shift 2,628 BTC to Crypto.com Exchange
A transaction involving 2,628 Bitcoin, valued at approximately $165 million, moved from wallets linked to Trump Media to the Crypto.com exchange on August 2. While on-chain analysts suggest the transfer signals a significant liquidation, the company has not yet provided official confirmation of a sale through SEC filings.
BIP-110 fails to reach voluntary miner support threshold
Bitcoin Improvement Proposal 110 has fallen short of the 55% voluntary miner support required for its current difficulty period. With only 28 signaling blocks recorded out of 1,108, Strategy Executive Chairman Michael Saylor declared the threshold mathematically unreachable, dismissing the current participation as insufficient for genuine network consensus.
BNB Chain Pursues Ex-Employee Over $628,000 Memecoin Scheme
A former BNB Chain employee allegedly leveraged unauthorized access to a company-generated seed phrase to execute a lucrative memecoin pump-and-dump scheme. The network confirmed it is pursuing legal action after the individual reportedly used the credentials to harvest $628,000 in profits from a token launch.
Crypto PAC spending hits $2 million in Michigan House primary
A surge of late-stage advertising has pushed total independent expenditures by the crypto-aligned super PAC Protect Progress past $2 million in Michigan’s 13th Congressional District. The spending spree, concentrated in the final two weeks of the race, aims to secure a win for Democratic incumbent Shri Thanedar over challenger Donavan McKinney.
Coldcard Firmware Flaw Leads to $88.6 Million in Bitcoin Losses
A series of systematic exploits targeting a vulnerability in Coldcard hardware wallets has drained 1,367.05 BTC, according to updated data from Galaxy Research. The losses, spanning 4,585 distinct addresses, highlight a critical flaw in seed generation that allowed attackers to predict and sweep user funds across three distinct waves.
Russia Extends Crypto Mining Ban to Moscow and Kursk Regions
Starting August 15, cryptocurrency mining and participation in mining pools will be prohibited across Moscow, the Moscow Region, and specific districts of the Kursk Region. Prime Minister Mikhail Mishustin signed the government resolution to mitigate grid strain, with the ban remaining in effect until December 31, 2032.
Minnesota Enforces Total Ban on Crypto ATMs Following Scam Surge
Nearly $1 million in reported losses from 134 scam cases pushed Minnesota officials to pull the plug on virtual currency kiosks. Effective August 1, 2026, the new law mandates that operators cease all transactions immediately, with a final deadline of December 31 to physically remove the machines from public spaces.
Decentralized exchanges capture 24% of centralized spot volume
Decentralized exchange spot trading climbed to approximately 24% of centralized exchange volume in July 2026, marking the highest ratio recorded in The Block’s current tracking series since its inception in 2019. This surge reflects a broader shift toward onchain markets for memecoins and assets absent from large centralized platforms.
South Korean Investors Shift Billions to Overseas Crypto Platforms
South Korean crypto investors moved 560.3 billion won, roughly $367 million, to foreign exchanges in June, marking the 18th consecutive month of net stablecoin outflows. Data from the Financial Supervisory Service confirms that domestic users are increasingly bypassing local platforms to access international derivative and decentralized finance markets.
Trump Claims He Halted Iran Strikes, Experts Call It Political Theater
President Donald Trump announced on Truth Social that he canceled planned military strikes on Iran, citing progress in negotiations and requests from regional leaders. Foreign policy experts, however, are dismissing the claim as a performative attempt to project control amid a stagnant and increasingly unpopular conflict.
Trump threatens to bypass Senate on Blanche nomination
President Donald Trump signaled Saturday he is prepared to maintain Todd Blanche as acting attorney general indefinitely, escalating a standoff with GOP senators who are blocking the nominee over a controversial $1.776 billion legal settlement fund.
DOJ Drops Vandalism Case Against Olympian Over Reflecting Pool Damage
The U.S. Department of Justice has dropped its criminal case against Olympic canoeist David Hearn, who was previously accused of vandalizing the Lincoln Memorial Reflecting Pool. The sudden dismissal follows admissions that the pool's damage stemmed from flawed contractor installation rather than the alleged actions of individuals.
Bitget Overhauls BGBTC with Daily Yield and Chainlink Integration
Bitget has introduced a major upgrade to its BGBTC asset, pivoting from a static Bitcoin-backed token to a yield-bearing instrument. The platform now offers daily rewards denominated in BTC, alongside cross-chain capabilities via Chainlink’s CCIP and independent risk oversight provided by the quantitative firm Gauntlet.
SpaceX Shares Teeter at $107 Ahead of Earnings and Massive Share Unlock
SpaceX stock is hovering near a record low, closing at $108 on July 31 as the company faces a high-stakes week. Investors are bracing for a double-fronted challenge: the firm's first post-IPO quarterly earnings report on August 4 and the release of 911.5 million insider shares just two days later.
ARK Invest Adds $6.8M in Circle Shares Following New York Charter
Following Circle’s receipt of a limited-purpose trust charter from the New York Department of Financial Services, Cathie Wood’s ARK Invest acquired 109,129 shares of the stablecoin issuer. The purchase, valued at approximately $6.83 million, signals the firm’s continued confidence in Circle’s expanding regulated infrastructure despite recent market volatility.
Strategy Stock Slides as Saylor Pivots to Preferred Share Buybacks
Strategy shares fell 4.56% to $93.28 on July 31 after the company reported an $8.22 billion quarterly loss. The dip, which saw the stock briefly touch $89.21, follows a strategic shift by Executive Chairman Michael Saylor to prioritize the par value of preferred stock over immediate Bitcoin acquisitions.