U.S. Senator Cynthia Lummis says the Senate will vote on the CLARITY Act before lawmakers begin their August recess. The bill would divide federal crypto oversight while addressing ethics, enforcement, consumer protection, and market certainty. Lummis Sees Vote Nearing After 11 Months of Negotiations U.S. Senator Cynthia Lummis (R-WY), chair of the Senate digital assets […]
Read MoreMoca Network CEO Explains Why AI Agents Will Need Provable Identity
Artificial intelligence (AI) agents will increasingly need verifiable proof of who they represent, what they may access and how far their authority extends as they begin spending money, sharing data and completing transactions for users, according to Moca Network CEO Kenneth Shek. Agents Move From Answering to Acting Kenneth Shek is the Project Lead of […]
Read MoreAbu Dhabi’s Crypto Blueprint Draws Miners, Funds and Global Giants
Abu Dhabi has built one of the world’s clearest paths for crypto and blockchain companies to set up shop, and sovereign money is following close behind. Regulators Write the Rulebook Early The emirate’s Financial Services Regulatory Authority, or FSRA, has licensed virtual asset activity since 2018 through the Abu Dhabi Global Market, a financial free […]
Read MoreBitcoin Options Flash $80K Max Pain as Wall Street Loads Up
Bitcoin traders have quietly stacked more than $41 billion into futures contracts, while the options market is flashing price targets thousands of dollars above where bitcoin actually trades. At $64,711 on Aug. 5, spot bitcoin looks almost cheap compared with the bets piling up across the derivatives market. Binance Dominates the Futures Battlefield Binance controls […]
Read MoreCircle Posts $701 Million Q2 Revenue as USDC Activity Accelerates
Circle reported stronger second-quarter earnings as USDC circulation and transaction activity expanded. The stablecoin issuer also set a September launch date for Arc, its institutional blockchain network. USDC Volume Jumps 151% to $14.8T as Circle Returns to Profit Circle Internet Group returned to profit in the second quarter as greater USDC adoption offset weaker returns […]
Read MoreMAGNE.AI Secures $2.64M Strategic Funding for Edge AI, Agentic Payments and On-Chain Infrastructure
Road Town, British Virgin Islands, August 5th, 2026, Chainwire. MAGNE.AI, an AI-native hardware and on-chain intelligence infrastructure company, today announced the completion of an additional US$2.64 million strategic financing round, with participation from GAEA Ventures, Titans Ventures and Go2Mars Labs. Following MAGNE.AI’s previously announced US$10 million strategic financing, the company’s total publicly disclosed funding now […]
Read MoreBitcoin Holds $64K as Polymarket Cuts CLARITY Odds to 15%
Bitcoin held firmly above $64,000 despite intraday swings between $63,900 and $64,706. The modest price gains triggered heavy losses for short sellers, driving $148 million in short liquidations out of $216 million across the total crypto market. Intra-Day Price Volatility and Resistance On Wednesday, bitcoin stubbornly anchored itself above the $64,000 baseline, though broader bullish […]
Read MoreBitwise CIO: Crypto Can Survive CLARITY Act Failure, Not the Wait
Bitwise chief investment officer Matt Hougan says crypto can absorb a Clarity Act defeat this week, but warned recently that the industry can’t thrive in a state of limbo. ‘Can’t Thrive in the in-Between’ As the Clarity Act limps toward the Senate’s Friday recess deadline, Bitwise chief investment officer Matt Hougan argued this week that […]
Read MoreBlackrock Pulls $170M Into IBIT as Bitcoin ETFs Add $211M
U.S. spot bitcoin exchange-traded funds (ETFs) drew $211.49 million on Tuesday, extending their strong start to the week. Ether funds returned to inflows with $53.75 million, while solana posted a smaller gain. XRP and HYPE remained flat for the day. Blackrock Plans 1-for-3 ETHA Split After $42M Inflow The institutional bid widened across the crypto […]
Read MoreStrategy Bets on Trump Accounts to Mint the Next Investor Class
Strategy will put money into Trump Accounts for eligible children of its U.S. employees, joining a widening corporate push to place young Americans inside the investment system before adulthood. The Tysons Corner, Virginia-based company told the public on Wednesday that it will deposit $250 annually for every eligible child under 18, regardless of the child’s […]
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