Bitcoin dropped nearly 2% to trade below $64,700, wiping out around $20 billion in market cap and triggering $42.3 million in liquidations of long positions. Morning Sell-Off Drives $42 Million in Long Liquidations Bitcoin reversed course on Thursday, tumbling from just over $66,000 to well under $65,000 as momentum driven by the CLARITY Act began […]
Bitcoin.com News•Terence Zimwara23 Jul
Brent crude futures broke above $100 a barrel on Thursday for the first time since late May, after Yemen’s Houthi movement claimed strikes on two Saudi Arabian oil tankers in the Red Sea and President Donald Trump warned Iran it would face “major military punishment” for further attacks. Oil Jumps as a Second Front Opens […]
Bitcoin.com News•Jamie Redman23 Jul
The Smarter Web Company sold nearly 178 bitcoin to repay a $11.7 million convertible instrument about two weeks ahead of schedule, becoming the latest public bitcoin treasury company to reduce its holdings during a difficult year for digital asset treasury (DAT) firms. Early Repayment Funded With Bitcoin Sale The London-listed company disclosed on Thursday that […]
Bitcoin.com News•Jamie Redman23 Jul
The Verus-Ethereum Bridge suffered its second exploit in two months, with attackers draining $7.3 million to $7.5 million in various digital assets. Flawed Logic Behind the Breach The Verus-Ethereum Bridge smart contract was exploited again on Thursday, with attackers draining $7.3 million to $7.5 million in different digital assets, according to blockchain security researchers. The […]
Bitcoin.com News•Terence Zimwara23 Jul
SpaceX shares fell to a fresh post-IPO low Thursday, extending a decline that has erased more than $1 trillion in market value and helped cut Elon Musk’s fortune by $35.2 billion in one day. SpaceX market data recorded at 11:30 a.m. EDT via Tradingview on July 23 showed SpaceX trading near $111, down from Wednesday’s […]
Bitcoin.com News•Jamie Redman23 Jul
Nine major financial and crypto companies have created a new alliance to help safeguard Bitcoin’s future, committing $15 million to support open-source developers, advance quantum-resistant security research, and strengthen the network’s long-term security. Wall Street and Crypto Leaders Back Bitcoin Security Blackrock, Coinbase, Strategy, Anchorage Digital, ARK Invest, Block, Blockstream, Fidelity Digital Assets and Galaxy […]
Bitcoin.com News•Kevin Helms23 Jul
Senate Democrats say the latest CLARITY Act draft leaves five ethics loopholes that could let President Donald Trump keep profiting from crypto while shaping digital asset policy. Republicans argue the bill imposes unprecedented federal restrictions. Democrats Release Five-Loophole Analysis Democratic staff on the Senate Banking, Housing, and Urban Affairs Committee released a two-page fact sheet […]
Bitcoin.com News•Kevin Helms23 Jul
BitMEX operator HDR Global Trading Limited announced the permanent closure of the exchange, effective Sept. 23, 2026. Wind-Down Timeline and Operational Limits BitMEX, the pioneer of cryptocurrency derivatives trading that once dominated digital asset markets, announced Thursday, July 23, it will permanently close its exchange operations on Sept. 23, 2026. The announcement sparked widespread reaction […]
Bitcoin.com News•Terence Zimwara23 Jul
Bitcoin slipped to the mid $65,000 range over the 24 hours ending the morning of July 23, 2026, as traders paused after a strong multi-week rebound and Cryptoquant founder Ki Young Ju flagged a widening gap between spot and futures demand. The leading cryptocurrency traded between roughly $65,300 and $66,360 during the 24 hours, according […]
Bitcoin.com News•Jamie Redman23 Jul
Threat actors stole $763.9 million across 67 incidents in Q2 2026, making it the most severe period for Web3 security since Q2 2025. Breaches in audited protocols highlighted an industry misconception: treating a point-in-time code audit as a complete security seal. Q2 2026 Security Breakdown The second quarter of 2026 was the most severe period […]
Bitcoin.com News•Terence Zimwara23 Jul
BitMEX, the exchange that invented the crypto perpetual swap, will shut down completely on September 23, 2026, at 04:00 UTC. HDR Global Trading Limited, the exchange’s parent company, announced the closure on July 23. New account registrations stopped the same day. The company cited a strategic review of its business and the broader crypto industry. […]
Bitcoin.com News•Jamie Redman23 Jul
Offering players worldwide the opportunity to bet on any world event: this is the promise of prediction markets platforms. With the massive success and traction of names such as Polymarket and Kalshi, one may wonder: how do these companies operate, behind the curtain? LegalBison is a global boutique legal and business services firm and licensed […]
Bitcoin.com News•Guest Author23 Jul
The launch of multiple corporate and fiat-backed digital Japanese yen assets risks siloing domestic liquidity. Startale advocates for “regulated access to open infrastructure”—using interoperable layers like Soneium to connect regulated assets with public Web3 rails. Beyond Speculation: Staking as Infrastructure For years, Japan’s Web3 ecosystem has balanced world-class institutional support against a tough domestic tax […]
Bitcoin.com News•Terence Zimwara23 Jul
Bitdeer (NASDAQ: BTDR) Technologies Group mined 990 bitcoin in June, up 7.5% from the previous month, as the company continued deploying its proprietary mining machines while expanding its artificial-intelligence cloud business. This article first appeared in The Energy Mag. The original article can be viewed here. The Energy Mag (formerly The Miner Mag) provides news, […]
Bitcoin.com News•Guest Author23 Jul
Physicists at the Simons Foundation’s Flatiron Institute’s Center for Computational Quantum Physics, working with collaborators at Boston University, solved a quantum physics problem long described as impossible for classical machines using a conventional laptop. They used tensor networks to compress the wave function of hundreds of entangled qubits, and the laptop results matched theoretical predictions […]
Bitcoin.com News•Guest Author23 Jul
Coinbase says a routine infrastructure update disabled a critical network gateway, disrupting transfers, debit card purchases, and onchain services for about 50 minutes. Its new postmortem explains the error and why the company’s normal recovery tools also failed. Coinbase Explains What Went Wrong Crypto exchange Coinbase (Nasdaq: COIN) has identified the software error behind last […]
Bitcoin.com News•Kevin Helms23 Jul
As financial institutions expand tokenized real-world asset (RWA) offerings, Franklin Templeton’s Chetan Karkhanis examines the market’s evolution, its remaining structural barriers, and what could bring blockchain-based investments into wider portfolio use. Fragmented Standards Restrict Scale Tokenized funds, securities, and cash instruments have moved beyond technical demonstrations, but differences among Layer 1 blockchains, interoperability systems, and […]
Bitcoin.com News•Kevin Helms23 Jul
CNBC says digital assets are becoming institutionalized as banks, asset managers, and payments companies adopt blockchain infrastructure, with Ripple recognized among firms developing technology for payments, custody, tokenization, and other financial services. Blockchain Moves Beyond the Crypto Hype Digital assets are moving from speculative markets into the infrastructure used to issue assets, transfer money, and […]
Bitcoin.com News•Kevin Helms23 Jul
Seven Senate Democrats rejected the latest CLARITY Act draft, saying it does not go far enough on ethics, consumer protection, and illicit finance, while Republicans argue the bill contains the strongest federal ethics rules ever proposed for digital assets. Democrats Say Draft Still Falls Short A bipartisan agreement on crypto market structure remained out of […]
Bitcoin.com News•Kevin Helms23 Jul
Kambi says its first entirely AI-traded World Cup processed more than $1.14 billion in stakes and over 100 million bets without manual trading intervention. The sportsbook supplier is also evaluating prediction-market partnerships and an internally developed product, but says licensing risks prevent an immediate US launch. Kambi Runs $1.14B World Cup, Now Weighs Prediction Markets […]
Bitcoin.com News•Luci Kelemen22 Jul