24/7 Blockchain industry dynamics and breaking crypto news
SkyBridge Capital founder Anthony Scaramucci recently commented on the Clarity Act. He views it as an effective compromise that establishes clearer regulatory frameworks to prevent future financial fraud, transcending political divides and reflecting achieved consensus.
Read MoreMicroStrategy's revised capital plan reveals a potential $50 billion Bitcoin sale, a figure quadruple previous estimates. Proceeds would bolster cash reserves, meet dividend obligations, and fund share buybacks. This massive potential liquidation introduces significant uncertainty into the Bitcoin market.
Read MoreWith just 7 days left before the Senate recess, crypto advocates have made 1 million contacts to lawmakers supporting the Clarity Act. Despite backing from Wall Street giants, its passage odds have been downgraded amid unresolved debates over state powers and ethics provisions.
Read MoreSenator Cynthia Lummis urged bipartisan colleagues to pass the CLARITY Act this week, highlighting President Trump's voluntary ethics pledge as the strictest in U.S. history, aiming to advance government transparency reforms.
Read MoreThe former Barclays CEO stated in an interview that the Clarity Act benefits the banking sector, particularly large, successful institutions. He emphasized that major banks currently lead in innovation investment, and the new regulatory clarity will strengthen their competitive edge.
Read MoreOn-chain data reveals a surge in small Bitcoin deposits (under 10 BTC) to exchanges, hitting 7300 BTC on August 2—the highest since February 6. Analysts link this to recent hardware wallet security concerns, suggesting users are moving assets for safety.
Read MoreThe U.S. State Department issued a security alert urging American citizens in the Middle East to consider leaving or prepare for rapid evacuation due to escalating tensions. Reports indicate Washington is considering military action against Iran, while Iran threatens retaliation against nations hosting U.S. bases. The advisory also warns of potential flight cancellations and airspace closures.
Read MoreAccording to MyXmr, Hu Xiaowei, a key figure in the Prince Group, was extradited from Japan to the US on July 29, with the FBI launching an investigation. Hu previously used a Cypriot passport in Japan and was arrested for immigration violations. The case will proceed in the US.
Read MoreUpbit, a leading South Korean crypto exchange, saw a 27.3% drop in trading volume over the past 24 hours. Attention shifted to the KRW market, where the META/KRW pair unexpectedly led with over 11% share, outperforming USDT and BTC.
Read MoreBitquery co-founder Dionysios Karakitsos is accused of siphoning over $5 million from the company and deleting 194 expense records before resigning. The blockchain firm has filed a lawsuit in Manhattan seeking restitution and legal fees.
Read MoreUS Treasury Secretary Besant stated that the department is tracking Iranian assets globally under Trump's orders, claiming sanctions led to Iran's largest private bank collapsing and hyperinflation. The remarks drew widespread skepticism.
Read MoreSolana's CISO warns that AI-driven social engineering and identity forgery now surpass smart contract vulnerabilities as the top crypto threat. Deepfake scams are becoming indistinguishable, requiring multi-layered industry defenses that protect users by default.
Read MoreAn OpenAI field report reveals AI coding agents like Codex can accelerate legacy research software by over 60x. However, they cannot reliably judge scientific correctness, often outputting erroneous code with confidence, underscoring the need for human-defined validation.
Read MoreA whale's $72.15 million HYPE long position is 9% away from liquidation at approximately $47.6. This large-scale position risks triggering significant market volatility, highlighting critical price levels for traders to monitor.
Read MoreOn August 1st, US embassies across the Middle East issued coordinated security alerts warning of potential escalation in regional tensions. American citizens are advised to prepare for flight disruptions and consider departing the area. The alerts cover over ten countries including Egypt, Saudi Arabia, and Israel.
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