24/7 Blockchain industry dynamics and breaking crypto news
Moonshot AI's KimiK3 licensing agreements reportedly require partners to share up to 30% of revenue, according to Reuters sources. While the company declined comment, ChinaSoft International recently disclosed a revenue-sharing deal, highlighting evolving AI commercialization models.
Read MoreOn-chain data reveals two leading Bitcoin miners transferred a combined 581 BTC, worth over $37 million, to institutional custodian NYDIG. This significant movement suggests a strategic hold or asset management move rather than immediate selling.
Read MoreIran and Oman have agreed on a framework to temporarily reopen the Strait of Hormuz, establishing a new shipping lane without transit fees. The deal, seen as groundwork for renewed US-Iran nuclear talks, awaits final details and announcement timing.
Read MoreOn-chain analysis reveals that the hacker behind a $7.5M MEV bot attack has moved again, converting their final 2.44M DAI into 1,277 ETH. This transaction is likely preparation for obfuscating the funds via a privacy protocol, marking the last step in processing the attacker's remaining on-chain assets.
Read MoreOn-chain analysis reveals that 433K HYPE tokens (worth ~$24.25M), unstaked by HyperLabs a week ago, have been distributed to 9 wallets. Following historical patterns, this move likely precedes inflow to centralized exchanges via market makers, signaling potential market activity.
Read MoreOn-chain analysis reveals that meme coin trading platform Pump.fun transferred 84,768 SOL ($6.25M) in fee revenue to Kraken within 7 hours. This amount represents 50% of its total fee income over the past 19 days, indicating the platform still generates approximately $600K-$700K daily despite the current bear market for meme trading.
Read MoreArk Invest, led by Cathie Wood, purchased approximately $21 million in Block shares during a 6% price dip and added $2.3 million in SpaceX stock. The move highlights the firm's conviction in disruptive companies amidst market volatility, with SpaceX rebounding over 6% after a prior sell-off.
Read MoreSenate Banking Chair Tim Scott confirms the CLARITY Act, defining SEC and CFTC roles in crypto, will be voted on before Congress recess. The bill aims to create clear rules but faces internal debate over consumer protection and regulatory authority, marking a pivotal moment for U.S. crypto regulation.
Read MoreSenator Elizabeth Warren supports cryptocurrency regulation but opposes the current CLARITY Act, arguing it fails to adequately address corruption, consumer protection, national security, and systemic economic risks. She emphasizes that any regulatory framework must prioritize investor safety and financial stability.
Read MoreThe Ethereum Foundation is hiring protocol security engineers to harden its core infrastructure. The role focuses on leveraging AI for vulnerability research, automated bug discovery, and comprehensive security reviews across execution and consensus layers.
Read MoreOn-chain data reveals an address linked to a major crypto investment firm withdrew $9.97M worth of assets from Binance within 5 hours, including significant amounts of ENA, AAVE, and Ethereum, drawing attention to institutional fund movements.
Read MoreJapanese and South Korean equities opened higher on August 7th. The Nikkei 225 rose 0.3%, while the KOSPI gained nearly 1%. The advance was led by major technology and semiconductor stocks, including Samsung Electronics and SK Hynix, reflecting positive sentiment toward the sector.
Read MoreWintermute's US subsidiary is now a registered broker-dealer, marking its regulated entry into traditional US securities markets. This allows it to act as a designated market maker on major exchanges like NYSE and Nasdaq, positioning it to compete directly with established traditional finance giants and highlighting the deepening convergence between crypto and traditional finance.
Read MoreCoinbase CEO Brian Armstrong notes the Senate has reviewed the CLARITY Act for a year, with key compromises made by crypto and banking sectors. He argues further negotiation is unnecessary and urges a vote, as millions of Americans holding crypto await the outcome.
Read MoreSEC filings reveal Grayscale's XRP Trust ETF sold over $180 million worth of XRP in H1 2026, slashing holdings by 55%. The divestment resulted in $34 million realized losses as XRP's price fell 40%, raising questions about institutional sentiment.
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