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Bitcoin fell below $115,000 on August 1, reaching its lowest level since July 11 after a sustained period of volatility. The drop marked a retracement from the asset’s July 14 peak, when it hit an all-time high of $123,000. The retreat to $114,000 punctuates a 7% pullback from the July high and reflects the broader instability characterizing the crypto market’s late July performance.
The early...
The developers behind Samourai Wallet pleaded guilty to a single count of conspiracy to operate an unlicensed money‑transmitting business.
The plea deal secures dismissal of the parallel money laundering conspiracy charge and caps potential prison time at five years. It also includes $237 million in forfeiture and a $400,000 fine.
As journalist Matthew Russell Lee reported on July 30, sentencing...
The Algorand Foundation has released a sweeping new roadmap to revive its ecosystem and push blockchain adoption into everyday life.
Announced on July 31, the 2025+ roadmap is a strategic pivot meant to reassert Algorand’s relevance in a market increasingly dominated by competitors like Solana and Ethereum.
According to CEO Staci Warden, the Foundation is laying the groundwork for digital...
The Philippine government has officially launched a blockchain-based system to verify government documents on the Polygon network as part of a broader initiative to modernize public services and improve trust in state-issued records, local media reported on July 31.
The new platform, introduced on July 30 by the Department of Budget and Management (DBM), allows users to confirm the authenticity...
Coinbase’s stock slid 8.4% after hours on July 31 as second-quarter results fell short of Wall Street expectations, before paring some losses into late trading.
COIN closed at $377.76 and fell to $346.01 immediately after the release, and later recovered to about $354.77 as of press time.
The exchange reported total revenue of $1.5 billion for the second quarter, versus a $1.59 billion consensus...
REX Shares announced in a July 31 post that its REX-Osprey SOL + Staking ETF (SSK) will make its first monthly distribution on Aug. 1, paying $0.12169 per share and passing through 100% of staking rewards.
With 5,075,000 shares outstanding, the inaugural payout totals approximately $618,000. The issuer described the event as the first time a US-listed ETF has distributed crypto staking rewards to...
Ethereum researcher Justin Drake unveiled the “Lean Ethereum” proposal on July 31 that reframes the base layer around the imperatives of survivability against nation-state and quantum threats and orders-of-magnitude performance gains without sacrificing decentralization.
The new guidelines were dubbed “fort mode” and “beast mode,” respectively.
Published on the Ethereum Foundation blog, the...
Blockstream launched Simplicity on the Liquid Network, enabling smart contract programability on Bitcoin’s infrastructure.
According to a July 31 announcement, the idea was first proposed in 2017 by researcher Russell O’Connor. Simplicity was designed as a clean-slate smart contract language that is more expressive than Bitcoin Script yet tighter and safer than general-purpose platforms.
With...
Global economic standards have been updated to formally recognize Bitcoin (BTC) and other crypto assets in national wealth statistics, marking a pivotal shift in how governments measure digital value and financial innovation.
The new System of National Accounts (SNA), approved by the United Nations Statistical Commission and coordinated by the IMF and other global institutions, classifies...
The Securities and Exchange Commission (SEC) will launch a commission-wide initiative called “Project Crypto” to modernize securities rules for blockchain-based activity and help shift US markets “on-chain.”
Chair Paul Atkins said in a July 31 speech at the America First Policy Institute that the initiative will execute recommendations made in the President’s Working Group (PWG) report released...