Crypto

The ruling leaves New York’s case against Kalshi in place while allowing the CFTC to renew its request before Judge Victor Marrero. Judge Jed S. Rakoff denied without prejudice an emergency Commodity Futures Trading Commission (CFTC) request for a temporary restraining order that would have blocked New York from pursuing its enforcement case against prediction market operator Kalshi. Rakoff found that the CFTC had not shown a high likelihood of success on the merits or a likelihood of irreparable harm. The CFTC may renew the motion before Judge Victor Marrero on Friday, Aug. 7, according to the order. New York Attorney General Letitia James sued Kalshi last Friday, alleging that it operates an illegal, unlicensed gambling business by offering contracts tied to sports, elections and other events. The New York State Gaming Commission issued Kalshi a cease-and-desist order in October 2025. Read more

The framework specifies how existing tax obligations apply to crypto disposals and rewards, with some withheld amounts payable in the originating token. Nigeria’s revenue agency has issued rules requiring crypto platforms and peer-to-peer (P2P) marketplaces to collect, report and remit taxes, including paying some withheld amounts in digital tokens. In its Guidelines on Taxation of Virtual Assets, the Nigeria Revenue Service (NRS) said income tax deducted at source and stamp duty “shall be remitted to the Service in the originating token of the transaction.” Value-added tax, by contrast, must be remitted in the currency used for the payment.  The guidelines place exchanges and P2P marketplaces at the center of withholding, reporting and remittance under the country’s existing laws. Read more

[PRESS RELEASE – Willemstad, Curaçao, August 4th, 2026] 1win, a crypto entertainment platform, has launched a new Web3 authentication system that allows users to register, sign in, and deposit funds using a crypto wallet. The new verification mechanism eliminates the need for email registration, passwords, or manually copying wallet addresses. The feature is now available […]

Cardano is showing strength across several metrics, from ADA's 26% weekly gain and whale buying to rising TVL and development.

XRP holders can now borrow RLUSD against their coins on Ethereum without selling, through a $280 million vault that had never accepted an XRP-linked asset before.

Crypto executives say restricting powerful AI models may initially be justified, but it doesn’t make sense as open-source alternatives become more capable. Many of crypto’s biggest players are still waiting to gain access to powerful new AI models to strengthen their code from attacks, with only a select few having been able to get it.  US crypto exchange Coinbase said in June that it had secured access to Anthropic’s restricted Mythos model and Zcash’s Zooko Wilcox said Anthropic used the model to audit the Zcash protocol at the request of Shielded Labs, while other major crypto players are seemingly yet to get access. “That’s one advanced frontier model that hasn’t been made available to crypto just yet,” Binance’s chief security officer Jimmy Su told Cointelegraph. “We have been trying to make inroads there. We also talked to other crypto exchanges and our own investors to try to make some progress. But we haven’t gotten the most frontier AI model, like Mythos.”  Read more

SGP-0003 bundles a fee overhaul with a doubling of the disinflation rate. It needs 40 million more SOL of validator support in two weeks to reach a vote.

Every major token except ether is green on the week, with BTC up 1.9% over 24 hours and Asian equities selling off on AI-trade jitters.

A 12-year-old bitcoin wallet moved $31 million on Monday, part of a broader wave of dormant coins shifting since the Coldcard hack.

Galaxy Research said 90% of the stolen Bitcoin remains unmoved as investigators examine a suspected fourth wave that could lift losses to $130 million. Confirmed losses from the Coldcard wallet incident have exceeded $100 million, with 1,596 Bitcoin (BTC) stolen from about 7,300 addresses across three separate major attack waves and 14 smaller incidents, according to a new update from Galaxy Research.  On Monday, Galaxy Digital’s research arm said 73 victims had contacted its researchers, and victim reports confirmed the first three major attacks, helping investigators identify smaller “footprints” that Galaxy said could represent opportunistic attackers exploiting the vulnerability. Galaxy Research also identified a suspected fourth wave that could bring total losses to 2,055 BTC, worth about $130 million. However, Galaxy said it excluded the event from its confirmed estimate because it had not yet received confirmation from victims believed to be part of that wave. The research group said with “medium-high”...

Bitmine said it now holds about 4.8% of Ether’s circulating supply as it pursues its 5% acquisition target. Ether treasury company Bitmine Immersion Technologies bought another 10,399 Ether last week and repurchased 4.5 million of its shares as it continued its crypto accumulation and stock-buyback program. On Monday, Bitmine said it held 5,797,813 Ether (ETH) worth $10.9 billion. The company said its ETH holdings represent about 4.8% of Ether’s 120.7 million circulating supply. Bitmine is pursuing a target of 5% of the total ETH supply.  The company also held 209 Bitcoin (BTC), $173 million in cash and marketable securities, and equity stakes in Beast Industries and Eightco Holdings. Its combined crypto, cash, securities and other investments were valued at $11.3 billion.  Read more

XRP is testing a six-year support zone that has previously come right before major upside moves, according to the analyst.

Mastercard said the tie-up would help banks, fintechs and enterprises expand stablecoin payments, payouts, settlement and treasury services. Mastercard has completed its acquisition of stablecoin infrastructure company BVNK, closing a deal valued at $1.8 billion. On Monday, Mastercard said the acquisition combines its global network with BVNK’s onchain infrastructure to connect digital currencies with fiat currencies. The payments company said the combination would help institutions, fintechs and enterprises expand their use of stablecoins and tokenized assets across cross-border business payments, payouts, settlement and treasury flows.  In a separate announcement, BVNK said it had officially become part of Mastercard, adding that customers would continue to use the same teams, products and integrations, with no action required.  Read more

Fake romance crypto investment scams net $9 million in a single week in Hong Kong, as Malaysian authorities lose it over a crypto conference’s after-party. HONG KONG An insurance agent in Hong Kong was fleeced out of $3.3 million after her fake online boyfriend convinced her to invest in a fraudulent crypto application. There were 25 similar romance-linked fraud cases reported to Hong Kong police between July 24 and July 30, which collectively defrauded lonely hearts of $9 million. Scammers typically connect with victims through dating or messaging apps and sometimes spend months building a rapport before dropping the idea of investing in crypto. They direct victims to a site that appears to be a legitimate trading application. It displays fake profits to encourage victims to invest more and more funds. Victims typically realize they have been scammed when they are unable to withdraw funds. Hong Kong news in brief — Hong Kong-licensed cryptocurrency exchange HashKey Exchange received approval from JPMorgan Ch...

The boutique brokerage will focus on high-net-worth clients rather than competing with retail crypto exchanges. Caleb & Brown, an Australian crypto brokerage owned by the Swyftx Group, has entered the UK market, expanding its services for wealthy investors beyond Australia and the US.  The expansion comes a year after the boutique digital asset brokerage was acquired by Swyftx in 2025 in a deal worth more than $100 million. The firm will target high-net-worth clients in the UK.  Swyftx Group co-CEO Andrea Yuen said the UK was an “untapped opportunity” as it has lower levels of crypto adoption compared to other markets.  Read more

The non-custodial protocol said attackers are discovering and adapting exploits faster than its small development team can identify and patch them. Boltz, a non-custodial Bitcoin swap service, says it is disabling its service until further notice after a rise in AI-assisted hacking attempts over the last few months. In a post to X on Monday, Boltz said the decision came after seeing a steady increase in “automated AI-assisted probing” of its infrastructure this year.  “After reviewing the results of our own recent security scans, we cannot responsibly re-enable Boltz swaps, especially as we are being actively targeted by what appear to be multiple resourceful groups while we race to deploy fixes.”  Read more

Scientists are using OnlyFans to help fund decades of marmot research, while unofficial memecoins inspired by the project have emerged on Solana.

Strategy's latest Bitcoin sale lifted its 2026 disposals to 5,258 BTC, the largest amount it has sold in any year since adopting the asset in 2020, as the company redirects capital toward supporting its preferred securities. The company sold 1,638 BTC for $104.7 million between July 27 and Aug. 2 and issued about 3.01 million […] The post Strategy sells $395 million in Bitcoin and MSTR stock to buyback $81 million in STRC and build cash reserve to $4 billion appeared first on CryptoSlate.

The agent, who had "top secret" clearance and worked in FBI headquarters, was accused of taking crypto from wallets the agency had investigated.

American Bitcoin Corp (ABTC) mined roughly 932 BTC in the second quarter, its highest quarterly production on record, and grew its strategic reserve to about 8,002 units on June 30.