Italy’s Intesa Sanpaolo cuts IBIT 94%, triples ETHB stake
Intesa Sanpaolo cut its IBIT shares 94%, added a 500,000 share put and tripled its staked Ethereum ETF holding during the second quarter.
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TRON crosses 15B transactions as TRX eyes breakout
TRON has surpassed 15 billion transactions as USDT supply tops $90 billion, while TRX remains below the $0.34 resistance level.
Japanese retailer Lawson adds USDC, USDT and JPYC to stablecoin payment trial
Lawson has expanded its stablecoin payment pilot to include USDC, USDT and JPYC through a second point-of-sale test at two Tokyo stores, while continuing to evaluate the technology for future retail use. According to an announcement from Lawson, the convenience…
Nigeria sets 1% crypto tax withholding for exchanges
Nigeria’s crypto tax rules require exchanges and P2P platforms to withhold levies, report users and remit some payments in tokens.
Bitcoin price nears $64K despite Strategy sale, Coldcard
Bitcoin rebounds above $63,000 despite Strategy’s 1,638 BTC sale, miner selling pressure and a fourth suspected Coldcard wallet sweep.
George Santos to pay $35K after CFTC finds Kalshi market manipulation
George Santos has settled CFTC case over Kalshi prediction market trades by accepting penalties and a three-year trading ban after regulators found he made misleading public statements while betting on his attendance at President Donald Trump’s State of the Union…
South Korea confirms Jan. 2027 launch for long delayed crypto tax
South Korea has finalized its 2026 tax reform package while keeping the planned 22% tax on cryptocurrency investment gains set to begin on Jan. 1, 2027. South Korea’s Ministry of Economy and Finance confirmed on Aug. 3 that it had…
Jump Capital bets on enterprise AI with new $350M Fund VIII
Jump Capital has closed its eighth institutional fund with $350 million in capital commitments, with the new vehicle dedicated to backing founders building AI applications, enterprise infrastructure, and cybersecurity technologies. In an official announcement, the venture firm said its latest…
South Korea’s Upbit lists HOME as Bithumb adds 2 tokens
Upbit adds HOME in KRW and USDT markets, while Bithumb opens won trading for META2 and Paxos stablecoin USDG on Aug. 4.
Galaxy estimates Coldcard exploit may have stolen up to 2,055 Bitcoin
Galaxy Research has estimated that losses tied to the Coldcard hardware wallet vulnerability have reached 1,596 Bitcoin across confirmed attack waves and could climb to about 2,055 BTC, or nearly $130 million, if a suspected fourth wave is verified. Galaxy…
BitGo Link unifies exchange accounts for institutions
BitGo launched Link to give institutions one dashboard for exchange balances, transfers, permissions and settlement across connected venues.
Tyler Williams exits Treasury as CLARITY stalls
Tyler Williams has left the U.S. Treasury as the CLARITY Act remains stalled and Bessent’s digital asset policy team faces a leadership gap.
Boltz halts swaps as AI attacks outpace its team
Boltz suspends Bitcoin swaps indefinitely as AI assisted attacks outpace fixes, while refunds remain open and user funds stay secure.
NEAR Protocol proposes 30M token fund to cut inflation
NEAR co-founder Illia Polosukhin proposes a 30 million NEAR sovereign fund to finance validators and public goods while reducing inflation.
POAP shuts down despite Coinbase and Amex adoption
POAP is winding down after more than five years, citing an unsustainable funding model while millions of existing badges remain onchain.
Kalshi CEO invokes Nasdaq in $36B New York lawsuit
Kalshi CEO Tarek Mansour compares the platform to Nasdaq as New York’s $36 billion gambling lawsuit shifts into federal court after removal.
CLARITY Act backers say sheriffs misread DeFi rules
Blockchain Association disputes sheriffs’ DeFi claims as the CLARITY Act remains unscheduled before the Senate’s August recess deadline.
FBI agent allegedly stole crypto, asked ChatGPT about escape
A former FBI supervisory agent allegedly stole about $1 million in cryptocurrency, mixed it with personal funds, and asked ChatGPT how to use the money and relocate to Europe. FBI agent allegedly transferred crypto using discovered keys Federal authorities arrested…
FalconX cuts 10% of staff amid crypto downturn
FalconX has reportedly cut about 10% of its global workforce as the digital asset prime broker prepares for an extended cryptocurrency market downturn. FalconX layoffs affect about 10% of staff FalconX implemented the workforce reduction across its global operations, Bloomberg…
Mastercard completes BVNK acquisition in stablecoin push
Mastercard has completed its acquisition of stablecoin infrastructure provider BVNK, bringing on-chain payment technology into its global network. Mastercard closes deal for BVNK Mastercard confirmed on Aug. 3 that it had completed the acquisition of BVNK, expanding its infrastructure for…