Author: Crypto Editor

Galaxy Digital reported an $85 million internet loss for the second quarter of 2026 as cryptocurrency valuations declined within the interval.That resulted in a $0.09 loss per share posted on Wednesday which Galaxy attributed to the depreciation of digital asset costs throughout the quarter. Income at $8.7 billion was down 15% from $10.2 billion within the first quarter of 2026. Analysts had forecast a consensus of $12.7 billion, in line with estimates compiled by Yahoo Finance.Galaxy’s shares fell 6.2% in premarket exercise on Wednesday to $20.70, set to increase an almost 10% decline over the previous month. The entire crypto market…

RedotPay, which describes itself because the world’s largest stablecoin cost card issuer, advised CoinDesk Wednesday it’s going to defend itself “vigorously” in opposition to a $470 million Binance lawsuit alleging it poached 470,000 customers.“RedotPay is conscious of authorized proceedings initiated by Binance and can vigorously defend all claims,” the agency mentioned in an emailed assertion. “The Firm rejects the unfounded allegations made in opposition to it and its co-founders.”Binance associates filed a lawsuit in opposition to the founders of the Hong Kong-based stablecoin funds firm, alleging they diverted almost half one million Binance clients to the competing platform in a…

Mark Zuckerberg launched Muse Code in beta on Wednesday, Meta’s first synthetic intelligence (AI) coding agent. Anthropic’s Claude Opus 5 beats it in all 4 comparisons Meta revealed at launch. Meta launched these charts anyway. The corporate is promoting a less expensive instrument relatively than a greater one. Impartial check knowledge suggests the hole is wider than Meta confirmed. Releasing Muse Code in beta in the present day. It is a terminal coding agent that takes on full software program engineering duties throughout massive repos: planning modifications, writing code, validating the outcomes. Powered by Muse Spark 1.2, a coding-focused mannequin…

Block’s Bitcoin ecosystem gross revenue fell 31% yr over yr within the second quarter after the corporate decreased sure Money App Bitcoin transaction charges. Regardless of weaker Bitcoin-related earnings, whole firm gross revenue climbed 25% to $3.17 billion, prompting Block to lift its full-year outlook. The corporate additionally expanded its crypto choices by launching USDC stablecoin assist inside Money App. Block, the fintech firm led by Jack Dorsey, reported a pointy decline in Bitcoin-related profitability throughout the second quarter as decrease transaction charges and weaker buying and selling exercise weighed on its crypto enterprise. The corporate’s Bitcoin ecosystem generated $1.89…

Alphabet Inc. inventory faces an uncomfortable crossroads. The each day chart stays structurally bullish, but the most recent session tells a nervous story. Shares opened at 379.99 and collapsed to 355.21 earlier than closing at 360.77 on quantity of three,345,108, after Q2 outcomes exhibiting adverse free money move rattled traders. GOOG — each day chart with candlesticks, EMA20/EMA50 and quantity. Key takeaways Alphabet shares plunged from an intraday excessive of 381.49 to shut at 360.77, a violent single-day vary on heavy quantity of three,345,108. The each day pattern stays structurally bullish, with value above the 20-day EMA at 350.47, the…

Eliminating the “final mile” drawbackConstructed for institutional workflowsA newly proposed improve to the XRP Ledger (XRPL) might considerably modernize how multi-signature transactions are coordinated. The proposal (“On-Chain Cosigner”) has been submitted within the XRPL Requirements repository. If finally adopted via the modification course of, it will permit signers to coordinate and acquire multi-signature approvals immediately on the XRP Ledger. There can be no must depend on exterior communication channels and centralized coordinators. Dogecoin (DOGE), XRP, Hyperliquid (HYPE) and Bitcoin (BTC) Value Evaluation For August 5: Market’s Try to Regain Relevancy Former SEC Boss Behind Ripple Lawsuit Sworn In as Intelligence Chief The…

Bitwise Chief Funding Officer Matt Hougan mentioned the CLARITY Act may fail to go this week, however that may not imply the top of the laws or the crypto trade’s progress. The US Senate is scheduled to go away for its August recess on Friday, August 7, and return on September 14. Beneath Senate guidelines, lawmakers should file for cloture on the CLARITY Act by Wednesday, August 5, for the invoice to have an opportunity of receiving a vote earlier than the recess. Crypto With out Readability A failure this week would additionally not essentially finish the act. Hougan expects…

Peter Zhang Aug 04, 2026 13:35 Open Safe AI Alliance, led by NVIDIA, unveils SAFE pointers to enhance AI-agent cybersecurity by transparency and collaboration. The Open Safe AI Alliance, now comprising over 120 organizations, has unveiled its proposed SAFE (Shared AI Findings Change) pointers aimed toward addressing cybersecurity challenges in AI techniques. The announcement coincides with the beginning of the Black Hat cybersecurity convention in Las Vegas on August 4. The SAFE framework is designed to create a standardized method to confidentially reporting AI incidents and close to misses, analyzing recurring failures, and distributing actionable suggestions to mitigate systemic dangers.…

Time is operating out to get a vote on the long-awaited crypto Readability Act, although bipartisan work is intensifying with the White Home reviewing the newest draft behind closed doorways, in response to reviews.  Senator Thom Tillis mentioned that bipartisan language drafted and despatched to the White Home final week is at the moment being reviewed by the White Home. “We’ve received folks working with White Home proper now…they’re going by means of a number of the traces proper now,” he was quoted and first reported by Punchbowl Information Senior Reporter Brendan Pendersen.  Senate Majority Chief John Thune declined to…

In short Meta launched Muse Code (beta), a terminal coding agent powered by Muse Spark 1.2, its up to date coding mannequin. It is out there now through the Meta Mannequin API and a curl set up script. The agent coordinates persistent background subagents and retains a replay-exact occasion log, so a crash resumes precisely the place it stopped. On Meta’s personal charts, Muse Spark 1.2 trails Anthropic’s Opus 5 on each coding benchmark proven, whereas beating OpenAI’s Codex and Google’s Antigravity on most. Meta is the most recent tech big to ship a coding agent, racing to compete with…