Author: Crypto Editor

Saylor dumps Bitcoin for money?Technique buys $81 million of STRCMichael Saylor, the manager chairman of Bitcoin’s largest company holding agency, Technique, has but to reveal any new Bitcoin buy since its final purchase exercise in June.Whereas it stays silent on increasing its Bitcoin holdings since June, Technique has continued to channel its funds towards constructing its money reserve.Saylor dumps Bitcoin for money?After about six weeks of halting its weekly Bitcoin accumulation, Technique introduced it has added one other $250 million to its USD money reserve. Worst Factor to Occur to Bitcoin Named by Canadian Billionaire Claude Identifies $100 Million Bitcoin…

Cardano’s native token is among the many best-performing cryptocurrencies (from the highest 10 membership) over the previous week. Its renewed momentum has naturally drawn extra consideration, with some market observers now projecting additional features. The Rally Goes on? ADA skilled a sudden and quite surprising revival this weekend, rising to a month-to-month peak of round $0.19. As of this writing, it trades simply south of that mark, representing a 13% improve on a seven-day scale. Essentially the most possible catalyst for the upswing appears to be the buildup from whales, with Ali Martinez revealing that these large buyers have bought…

Tony Kim Aug 03, 2026 07:38 Hong Kong’s Sooner Fee System (FPS) will endure a deliberate system enhancement on August 9, 2026, impacting fee companies for 10 hours. The Hong Kong Financial Authority (HKMA) has introduced a deliberate system enhancement for the Sooner Fee System (FPS) on Sunday, August 9, 2026. The improve will render the FPS service unavailable from 1:00 am to 11:00 am native time. This 10-hour downtime will enable Hong Kong Interbank Clearing Restricted (HKICL), the system operator, to implement enhancements geared toward bolstering FPS performance. Banks and stored-value facility (SVF) operators have been instructed to inform…

The long-awaited crypto Readability Act could also be additional delayed as August recess quick approaches.  Regardless of optimism final week from high crypto corporations — like Coinbase — and backing from high monetary establishments, lawmakers seem like prioritizing different payments to vote on earlier than their five-week break beginning Thursday or Friday.  Democratic Senator Elizabeth Warren was even quoted saying in a Sunday Punchbowl Information report that “extra folks within the Senate are starting to query crypto’s electoral invincibility.”  Professional-crypto Republicans, reminiscent of Senator Cynthia Lummis, have blasted Democrats for intentionally holding again the invoice after members of the get…

A Hong Kong crypto romance rip-off has price a neighborhood insurance coverage agent in her 50s greater than $3.3 million, in keeping with a police assertion launched August 1, 2026. The lady handed over money and wired funds to accomplices over roughly six months after a person she met on-line, calling himself “Uncle,” steered her towards a pretend crypto buying and selling app.  Her loss was the most important amongst 25 related romance scams Hong Kong police logged in a single week, with mixed losses close to $8.9 million. How “Uncle” Turned an On-line Romance Right into a Faux Funding…

In short American Bitcoin grew its treasury to about 8,002 BTC after mining a report 932 Bitcoin in Q2. Mining income climbed to $67 million whereas the price to mine every Bitcoin remained largely unchanged. The corporate narrowed its quarterly internet loss regardless of a weaker Bitcoin value through the interval. The Trump family-backed American Bitcoin mentioned Monday it expanded its Bitcoin reserve to greater than 8,000 BTC, price roughly $512 million, through the second quarter after producing a report 932 Bitcoin, underscoring its technique of pairing large-scale mining with long-term accumulation.In line with American Bitcoin, the corporate ended June…

The asset supervisor launched two blockchain-based cash market funds designed to qualify as stablecoin reserve property underneath the US GENIUS Act. BlackRock, the world’s largest asset supervisor, has launched two tokenized cash market merchandise designed to function reserve property for stablecoins, marking one other step in bringing regulated monetary merchandise onto blockchain infrastructure.The primary product, BlackRock Choose Treasury Based mostly Liquidity Fund OnChain Shares (BSTBL), is a tokenized share class of the asset supervisor’s current Choose Treasury Based mostly Liquidity Fund on Ethereum. Eligible buyers can switch tokenized fund shares between authorized wallets whereas the fund continues investing in money,…

The Readability Act is extensively seen because the crypto trade’s most essential piece of U.S. laws, with supporters arguing it will set up clear guidelines for digital property, cut back regulatory uncertainty and unlock broader institutional adoption. Analysts say passage would enhance market sentiment by giving banks, asset managers and exchanges larger confidence to spend money on blockchain infrastructure and increase crypto merchandise.Bernstein’s analysts mentioned they count on regulators to maneuver extra rapidly on token classifications, decentralized finance (DeFi) steering, self-custody guidelines and innovation exemptions for token issuance, whereas persevering with to help tokenization, crypto derivatives and prediction markets.The Readability…

The European Union started imposing the AI Act’s transparency guidelines on Sunday. Chatbots working within the bloc should now inform customers they’re speaking to a machine, and AI-generated deepfakes require clear labels. The European Fee’s AI Workplace and nationwide regulators additionally gained enforcement powers for the primary time. Penalties attain €35 million or 7% of worldwide annual turnover for essentially the most critical violations. From 2 August, EU guidelines require disclosure of the skilled use of generative AI if:🔹Content material may be mistaken for actual folks, locations, occasions🔹Textual content on issues of public curiosity had no human evaluation🔹Consumer is interacting…

Funds big Mastercard has formally accomplished its acquisition of fintech platform BVNK. The principle motive behind the acquisition is the expansion of the stablecoin market, which is at the moment valued at greater than $309 billion, in response to CoinMarketCap.The funds big itself has made it clear that its most important activity now could be to not create new digital currencies, however to attach present monetary rails with the on-chain financial system. On this context, BVNK is the infrastructure working behind the scenes of funds throughout 130 international locations, enabling companies to transform, maintain, transfer and retailer fiat and digital cash.The problem…