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Boltz, a non-custodial Bitcoin exchange service, has indefinitely suspended its Lightning Network swaps. The company cited an unsustainable escalation of automated, AI-assisted attacks that outpaced its security team's ability to patch vulnerabilities. Services are halted pending a full security review, with refund APIs remaining operational.
Read MoreOvernight developments highlight crypto-finance intersections. SpaceX confirmed no Bitcoin sales in Q2. SEC's Hester Peirce vowed to advance crypto regulatory reform regardless of the CLARITY Act's fate. NVIDIA issued AI cybersecurity guidelines with industry leaders, while BNY Mellon partnered with Galaxy for staking services.
Read MoreElon Musk announced SpaceX will exclusively use NVIDIA's computing architecture for its AI services. The company plans ground and orbital deployment of NVIDIA systems to power its "Starmind" satellite network, building a space-based data center infrastructure.
Read MoreElon Musk outlined updated timelines for SpaceX's Starship, projecting sufficient safety for crewed flights by late 2025 and likely meeting all human-rating requirements by the end of 2027. The company also plans to launch over 1,000 next-generation Starlink V3 satellites by Q2 next year, significantly expanding global network capacity.
Read MoreAn international research team has developed a non-invasive brain-computer interface that uses AI to decode brain signals and convert them into text. The breakthrough could revolutionize communication for people with speech impairments.
Read MoreSpaceX's Q2 revenue hit $78B, beating Wall Street forecasts. However, a $100B+ stock lockup expiry looms, potentially pressuring shares. Investors await Musk's plans on AI spending, Starlink expansion, and Starship launch timelines.
Read MoreInvestigators suggest the anonymous author behind the critical LibNgU code may be Coinkite's co-founder and CTO, with GPG key evidence linking the identities. Crucially, direct warnings about the code's risky RNG implementation were reportedly issued over a year before the vulnerability was exploited, raising questions about prior knowledge and response.
Read MoreU.S. Customs officials reported to the Court of International Trade that approximately $100 billion in tariff refunds have been issued following the Supreme Court's ruling against Trump's emergency tariff powers. The refund amounts to about 60% of the tariffs collected under the "Section 301" actions, highlighting the legal and economic costs of the trade war.
Read MoreSpaceX, Elon Musk's aerospace company, did not sell any of its Bitcoin holdings in Q2, maintaining a treasury of 18,700 BTC. This follows its historic IPO, reaffirming its commitment to Bitcoin as a core reserve asset.
Read MoreBloomberg's ETF analyst reveals BlackRock plans a 1-for-3 reverse split for its Ethereum ETF (ETHA), raising the share price from $14 to $42 in October. The key goal is to drastically cut trading costs from 7 basis points to around 2 bps, making it far more efficient and attractive compared to crypto exchanges' ~140 bps fees.
Read MorePublicly traded company Farmhouse has increased its Bitcoin holdings by 1 BTC, bringing its total to 13.209 BTC. This move highlights the ongoing trend of corporations adding digital assets to their balance sheets as strategic reserves.
Read MoreAMD CEO Lisa Su projects the company's data center revenue will double by 2027. A new rack-scale architecture integrating MI500 GPUs, Verano CPUs, and Pensando networking with hybrid copper/fiber expansion is planned for launch that year. AMD also expects to surpass its $20 EPS target ahead of the 2025 schedule.
Read MoreElon Musk announced SpaceX will attempt to recover both the booster and ship of Starship V3 this year, potentially on the next flight. The mission will also deploy the first batch of next-gen Starlink V3 satellites, which offer tenfold capability improvements. Musk reiterated Starship's long-term goal of delivering over a million tons to orbit annually.
Read MoreSpaceX shares tumbled over 8% in after-hours trading on August 5th. The company's Q2 capital expenditure for its AI segment hit $15.83B, significantly above estimates of $13.09B. Losses in its satellite connectivity business also widened, fueling investor concerns over spending and profitability.
Read MoreAMD reported strong Q2 earnings with revenue of $11.54 billion, up 50% year-over-year and beating estimates. Adjusted EPS surged 246%. The company also provided optimistic Q3 guidance, signaling continued robust growth momentum.
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