Crypto

The bank said tokenized money market funds, Open USD and slower USDC growth could weigh on the stablecoin issuer's earnings.

The broker said failure to pass the Clarity Act this year would likely send crypto lower, but expects U.S. regulators to accelerate rulemaking.

Chairman Tom Lee argued that ETH's recent outperformance signals strengthening crypto fundamentals.

Withdrawals closed July 31, leaving residual balances to a five-day sale whose venue, sequence, fees and settlement currency remain undisclosed. The post Kraken is force-selling 7 delisted tokens into dead markets, warning users insufficient liquidity could result in zero proceeds. appeared first on CryptoSlate.

Fake World Assets turns forgotten NFTs into an onchain lottery — but is crypto’s latest obsession built to last? Just when you thought crypto was getting boring, a new phenomenon is lighting up Crypto Twitter — Fake World Assets (FWAs). Yes, really. It’s the latest iteration of the onchain gacha craze, where users receive a random collectible, or collectibles, that are usually worth very little, but are sometimes worth quite a lot. Within four days of launch, FWAs guzzled so much Ethereum gas that they briefly became the chain’s largest gas consumer by fees over a 24-hour period. Read more

Both funds intend to qualify as eligible reserve assets for permitted U.S. payment stablecoin issuers under the GENIUS Act.

Self-custody is under attack, and it's becoming increasingly clear that AI is one of crypto's leading threats.

The exchange disclosed that it will terminate all trading services with six altcoins from August 17.

Chairman Tom Lee said ether's outperformance versus the Nasdaq in July signals strengthening crypto fundamentals.

Half the proceeds funded preferred dividends and half went into an $81 million STRC buyback, its second in as many weeks.

Coldcard's RNG failure shows why an air gap cannot rescue a seed that was predictable at creation. The post No dice? Your Bitcoin hardware wallet is probably not as secure as you thought it was appeared first on CryptoSlate.

Michael Saylor’s Strategy sold 1,638 Bitcoin in its second-largest sale of the year to fund dividend payments and repurchase its preferred STRC stock. Strategy sold 1,638 Bitcoin from July 27 through Sunday, marking its second-largest BTC sale of the year. Strategy sold 1,638 Bitcoin at an average price of $63,957 for a total of $104.7 million, according to a Monday 8-K filing with the Securities and Exchange Commission. Of the proceeds, $52.4 million was used to fund dividend payments on Strategy’s STRC preferred stock, while another $52.3 million was used to repurchase STRC. The company now holds 842,138 Bitcoin bought at an aggregate cost of $63.5 billion. Read more

The South Korean exchange plans to seek preliminary listing review in 2027 while overhauling controls after a February crediting error. South Korean cryptocurrency exchange Bithumb said Monday it plans to apply for a preliminary listing review in 2027 and complete an initial public offering in 2028. Bithumb said it has reorganized its business structure, including spinning off Bithumb Asset, to clarify responsibilities across its business units and reduce potential conflicts of interest ahead of the listing review. The exchange said its preparations will include upgrading internal controls and shifting from domestic accounting standards to K-IFRS, the international accounting framework used by listed companies in South Korea. Read more

The company trimmed bitcoin holdings by 1,638 coins, while raising $290.6 million with sales of common stock.

MicroStrategy sold over 1,600 BTC last week. It also expanded its cash reserves and bought back more STRC.

Bernstein said Congress’ failure to pass the CLARITY Act’s could trigger another leg down for crypto valuations and accelerate policy support from US regulators. The odds of the Digital Asset Market Clarity Act’s (CLARITY) passage are dwindling as the US Senate is scheduled to begin summer recess at the end of this week, threatening another leg down for cryptocurrency valuations, according to wealth manager Bernstein. Bernstein said that the Senate’s failure to pass the legislation could trigger an immediate negative “industry knee-jerk reaction,” which may result in another leg down for Bitcoin and the broader crypto market. “From a tactical standpoint, we expect the crypto market to bottom and start showing momentum towards late Q3 and early Q4 prior to the mid-terms,” Bernstein analysts wrote in a Monday report shared with Cointelegraph. Read more

The crypto trading platform, ranked fifth on CoinGecko, stopped accepting new registrations on Sunday and plans to shut down all remaining positions by Dec. 31.

Ripple's xrpld 3.2.1 hotfix caps validator manifest handling after a flood attack risked resource exhaustion — node operators must complete a two-step upgrade now. The post XRP News: xrpld 3.2.1 Hotfix Patches Manifest Flood Draining XRPL Node Resources appeared first on Cryptonews.

Trump-linked Bitcoin miner produced a record 932 BTC in the second quarter, lifting mining revenue 8% as its net loss narrowed from the previous quarter. American Bitcoin posted record Bitcoin production in the second quarter, as higher mining output lifted revenue while the Trump family-linked miner remained in the red. The Nasdaq-listed company, co-founded by Eric Trump and Donald Trump Jr., reported Q2 results on Monday, with record production of 932 Bitcoin helping lift mining revenue 8% to $67 million from $62.1 million.  The company reported a net loss of $57.2 million, narrowing from a $81.8 million Q1 loss. Read more

Your day-ahead look for Aug. 3, 2026