Author: Crypto Editor

Lawrence Jengar Jul 30, 2026 19:55 AMD’s ROCm-powered Intuition MI300X GPUs promise as much as 1.78x sooner DNA alignment, pushing genomics nearer to real-time evaluation. AMD has unveiled a major breakthrough in DNA alignment processing, leveraging its ROCm software program stack and Intuition MI300X GPUs. By accelerating key phases of the widely-used minimap2 genomics device, AMD claims to ship as much as 1.78x larger throughput in comparison with competing GPU options, significantly for long-read sequencing workloads. DNA sequencing, as soon as a billion-dollar endeavor, is now a routine process because of advances in genomics and computational energy. Nonetheless, the bottleneck…

Legendary investor Ray Dalio nonetheless solely holds 1% of his portfolio in Bitcoin — and prefers gold as a substitute.  Talking on a Thursday episode of the Diary of a CEO podcast, the Bridgewater Associates founder defined that whereas there are several types of cash, and Bitcoin was one in every of them, gold was a greater funding.   Dalio has gone from saying he wouldn’t spend money on Bitcoin through the years to lastly admitting it was in his portfolio.  “[Bitcoin] is a sort of cash that may’t be printed, however there are applied sciences that may damage it —…

Aave, the DeFi lending protocol, is deprecating 50 low-adoption asset reserves throughout a number of deployments, founder Stani Kulechov introduced in an X put up on July 30, 2026. The transfer additionally winds down total deployments on six chains: Sonic, Scroll, zkSync, Metis, Soneium and Aptos, along with 21 matured Pendle PT tokens. In whole, $98.1 million in provide and $15.6 million in debt are affected. Aave Cuts 50 Reserves and Winds Down Six Chains After a complete overview, Aave recognized 50 asset reserves displaying low adoption throughout its numerous deployments, in line with Kulechov’s announcement. An asset reserve is…

In short Treasury Secretary Scott Bessent referred to as on the Senate to right away vote on the Readability Act. He mentioned the invoice strengthens shopper protections and anti-money laundering necessities whereas offering regulatory certainty for digital property. Bessent ended his attraction by quoting Bitcoin creator Satoshi Nakamoto. U.S. Treasury Secretary Scott Bessent on Thursday urged the Senate to go the Readability Act, accusing Democrats of delaying a vote for political causes and warning the U.S. dangers shedding its management in digital property with out clear guidelines.In a prolonged submit on X, Bessent mentioned the Home handed the Readability Act…

Bitcoin (BTC) shook off volatility on Thursday as US shares rebounded on the again of inflation-data reduction.Key factors:Bitcoin avoids a snap response to US private consumption expenditures (PCE) inflation information, which reverses an area uptrend.Evaluation stays cautious of inflationary tendencies regardless of PCE conforming to expectations.Bitwise predicts that going ahead, Bitcoin will turn into much less delicate to Fed interest-rate adjustments.PCE ends uptrend whereas staying above Fed inflation goalInformation from TradingView confirmed BTC value motion specializing in $64,500, broadly unchanged from the day prior. BTC/USD one-hour chart. Supply: Cointelegraph/TradingViewThe most important risk-asset headwind from earlier within the week within the type…

Ask an SkilledQ. The Readability Act, yea or nay?Yea, with one necessary caveat. The target can not merely be to make life simpler for crypto corporations. It ought to make respectable initiatives simpler to establish, whereas making fraud and regulatory arbitrage tougher. The largest drawback within the U.S. has been that corporations usually can not decide whether or not they’re coping with the SEC, the CFTC or each till an enforcement motion occurs.​That isn’t a severe regulatory system. It pushes accountable groups offshore whereas doing surprisingly little to cease dangerous actors. The Readability Act is directionally proper as a result…

Robinhood (HOOD) inventory closed at $89.84 on July 29, down 3.15%, slipping below $90 even after the corporate posted its greatest quarter ever. Robinhood Inventory Value: Yahoo Finance The drop was probably not concerning the numbers. HOOD has fallen about 14% in 5 days and roughly 20% this yr, so the weak spot runs deeper than one earnings report. HOOD Earnings Beat, however the Market Offered the Information Robinhood reported report income of $1.31 billion, up 32% from a yr earlier. JUST IN: $HOOD posts its greatest quarter ever with report income of $1.31 billion, up 32% year-over-year, as prediction…

JPMorgan says falling odds of the CLARITY Act passing this yr might turn out to be a serious headwind for the cryptocurrency market. Prediction markets now estimate only a 37% likelihood of the invoice passing earlier than year-end as Senate negotiations stay stalled. The financial institution warns that extended delays might permit conventional monetary establishments to dominate tokenization as a substitute of public blockchain networks. JPMorgan has warned that the declining chance of the CLARITY Act turning into regulation this yr represents a rising threat for the cryptocurrency trade, arguing that additional delays might weaken one of many market’s most…

The founding father of one among Russia’s largest crypto mining operations is now behind bars, and the fees towards him learn like a case research in high-stakes contract fraud. Igor Runets, who constructed BitRiver into a serious participant within the Russian crypto mining business, faces BitRiver fraud costs involving roughly 1 billion rubles ($12.5 million) — allegations centered on an gear deal that prosecutors say was by no means meant to be honored. Key takeaways Igor Runets, founding father of BitRiver, has been charged with large-scale fraud involving about 1 billion rubles ($12.5 million) in Russia. The cost stems from…

Open USD (OUSD), a brand new institutional-focused stablecoin backed by a consortium of greater than 140 firms, is set to launch on Ethereum from day one. The announcement was confirmed by Ethereum Institutional, which mentioned Open USD will debut on Ethereum with assist from a broad coalition of economic and expertise corporations, together with Visa, Mastercard, Stripe, BlackRock and BNY. The challenge is being developed by Open Customary, an unbiased firm designed to manipulate the stablecoin through a consortium mannequin that doesn’t depend on a single issuer.  3.4 Million XRP Stolen as Korea Busts $8.5 Million YouTube Crypto Rip-off; Shiba Inu (SHIB) Whales…