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Galaxy Digital and Terawulf cut losses; Binance sued for $473M; BlackRock's ETHA split makes trading cheaper.

Circle names founding validators in Arc network launch date announcement

Cryptopolitan - Circle (NYSE: CRCL) has announced that its Arc blockchain will go live on public mainnet on September 16. It also announced 11 founding validators for the network, and they include BlackRock, Visa, Mastercard, and The Depository Trust & Clearing Corporation (DTCC), among others. The blockchain has been running a private mainnet that has institutional builders...

Galaxy Digital, Terawulf lean on data center business to cut losses in Q2 earnings

Cryptopolitan - Galaxy Digital (NASDAQ: GLXY) and TeraWulf (NASDAQ: WULF), two pure play Bitcoin miners to have made the AI pivot, saw contrasting fortunes as both firms turned in their respective scorecards for the second quarter of 2026 on August 5. Both firms’ relatively nascent AI data center businesses did a lot of the heavy lifting in...

Binance Affiliates Sue RedotPay Founders for Nearly $473 Million

CryptoPotato - A $473 million lawsuit has put RedotPay under pressure as Binance affiliates alleged that the firm breached a commercial agreement.

Goldman Sachs Names 2 European Stocks It Says Can More Than Double

BeInCrypto - Goldman Sachs handed two European stocks 12-month upside above 100% in its August picks, with UK clean energy developer Ceres Power leading at 168%. The forecast lands with European stocks at a peak, with the Stoxx 600 touching a record high on Tuesday. Where Goldman Sachs Sees the Biggest 12-Month Gains Ceres Power stock slid The post Goldman Sachs Names 2 European Stocks It Says Can More Than Double appeared first on BeInCrypto.

BlackRock’s rare ETHA reverse split is about to make trading Ethereum 70 times cheaper than Coinbase

CryptoSlate - BlackRock is preparing a one-for-three reverse split of its iShares Ethereum Trust ETF (ETHA), a structural change that will lift ETHA’s share price and could reduce its effective trading spread without changing the value of investors’ holdings. ETHA’s sponsor approved the reverse split on July 31, according to an SEC regulatory filing. Every three shares […] The post BlackRock’s rare ETHA reverse split is about to make trading Ethereum 70 times cheaper than Coinbase appeared first on CryptoSlate.

BingX Unveils 2 Million USDT Multi-Asset Trading Campaign Around Today’s Most-Watched Market Trends

BeInCrypto - BingX, a leading cryptocurrency exchange and Web3-AI company, today announced a 2 million USDT trading campaign inviting users to trade some of today’s most active market opportunities across cryptocurrencies, stocks, indices, forex, commodities, and other asset classes. Running from August 5 to August 31, 2026 (UTC+8), the campaign marks the fifth edition of BingX’s Global The post BingX Unveils 2 Million USDT Multi-Asset Trading Campaign Around Today’s Most-Watched Market Trends appeared first on BeInCrypto.

Circle Unveils Arc: A New Era for Institutional Payments

cryptoDNES - Circle's Arc blockchain launches Sept 16 with BlackRock, Visa, and Mastercard as validators, targeting RWA tokenization and institutional payments. The post Circle Unveils Arc: A New Era for Institutional Payments appeared first on CryptoDnes EN.

XRP Ledger Partial Payments Are Not a Bug: What New Users Need to Know

U.Today - Partial Payments can successfully complete while delivering less than the amount specified in the transaction's amount field. Partial Payments can successfully complete while delivering less than the amount specified in the transaction's amount field.

Why Hasbro Is Winning the Toy Wars and Mattel Isn’t

BeInCrypto - Mattel stock falls behind as Hasbro's Spider-Man toy line rides a record $360 million movie debut. The post Why Hasbro Is Winning the Toy Wars and Mattel Isn’t appeared first on BeInCrypto.

Anthropic's Claude Mythos 5 'Targeted Real People' in UK Cyber Tests: AISI

Decrypt - Anthropic's LLM and OpenAI's GPT-5.6 Sol took "unsanctioned action" on the live internet, the UK's AI Security Institute said.

Shopify Executive Says AI-Driven Traffic and Store Orders Both Doubled in Q2

Binance News - According to Jin10, a Shopify executive said AI-driven traffic and Shopify store orders both doubled year over year in the second quarter.

U.S. Treasury Says Cash Balance May Peak at About $1.05 Trillion in October

Binance News - The U.S. Treasury said its cash balance could reach a peak of about $1.05 trillion in October. According to ChainCatcher, the estimate was reported by Jin10.

Fed's Neel Kashkari Says Explaining Policy Response Function Should Continue

Binance News - Federal Reserve Bank of Minneapolis President Neel Kashkari said on Wednesday that it is helpful for the Fed to clearly explain to the public and markets how it would adjust policy under different economic scenarios, a practice he said should continue. According to Odaily, Kashkari also told CNBC that the Fed should begin a series of small rate hikes to curb inflation, which is above the central bank's 2% target. Kashkari said it is valuable for the Fed to continue explaining its policy response function and let the public draw its own conclusions from that information.

Jim Cramer’s Charitable Trust To Buy 100 Intel Shares At About $97.97

Binance News - According to CNBC, Jim Cramer’s Charitable Trust will buy 100 shares of Intel at roughly $97.97 shortly after the opening bell, lifting its holding to 1,300 shares of INTC and raising the portfolio weight to about 3.20% from 3%. Intel shares rose 10% in Tuesday’s session and were slightly lower in premarket trading after a strong AMD quarter failed to clear a high bar. The trust said it is adding to the position because the AI trade has improved and AMD confirmed that CPU demand is growing well beyond internal expectations. Intel’s stock remains below the after-hours level it reached on July 23 after the company delivered an earnings report, when shares traded as high as about $113 before falling 7% to $92 the next day during regular trading.

U.S. Treasury Schedules $58 Billion Three-Year Note Auction, $42 Billion Ten-Year Auction, and $25 Billion 30-Year Auction

Binance News - According to Jin10, the U.S. Treasury is scheduled to hold a $58 billion three-year note auction on August 11, a $42 billion 10-year note auction on August 12, and a $25 billion 30-year bond auction on August 13.

U.S. Treasury Expects Auction Sizes To Remain Stable In Coming Weeks

Binance News - According to Jin10, the U.S. Treasury expects Treasury auction sizes to remain stable in the coming weeks.

Bernstein Upgrades e.l.f. Beauty to Outperform; Raymond James Starts Civeo at Strong Buy

Binance News - According to CNBC, Bernstein upgraded e.l.f. Beauty to Outperform from Market Perform and assigned a $113 price target, saying the cosmetics company has a relevant operating model driven by social media reach, rapid product innovation, and a viral approach to new launches. Raymond James initiated Civeo as a Strong Buy, saying the remote-workforce hospitality provider has significant upside and owned about 29,000 rooms across lodges and villages in Australia and Canada at year-end 2025, along with about 19,500 rooms operated for customers.

BeamR Brings Nvidia Video Super-Resolution to Live Sports Streams

Binance News - BeamR is bringing Nvidia's video super-resolution technology to live sports broadcasts to improve viewer experience. According to ChainCatcher, the move aims to enhance the quality of live-streamed sports content.

U.S. Quarterly Refinancing Size Held at $125 Billion, in Line With Expectations

Binance News - According to Jin10, U.S. quarterly refinancing size was $125 billion, in line with expectations.

HORMUZ STRAIT | Sources Say Draft Iran-Oman Proposal Does Not Impose Transit Fees on Ships

Binance News - According to Jin10, a draft Iran-Oman proposal being negotiated to reopen the Strait of Hormuz would not charge transit fees or service fees on ships passing through the waterway. Sources said vessels entering the strait would use the route closest to Iran under Tehran's coordination, while vessels leaving would use the route closest to Oman under Muscat's coordination. The proposal would also exempt ships from the transit fees or service fees needed to cross the key waterway, which has been a major sticking point in multiple talks among the United States, Iran, and mediators. Sources said that if the proposal is approved, the United States and Iran would return to the negotiating table under the terms of a memorandum of understanding signed in June, which requires ships ...

Ethereum Foundation Grants FPF Funding for WEBCAT Browser Code Verification

Binance News - The Ethereum Foundation’s Trillion Dollar Security (1TS) initiative has announced a grant to the Freedom of the Press Foundation (FPF) to support continued development of the open-source WEBCAT tool, with the amount undisclosed. According to Foresight News, the funding will also help extend the protection mechanism to Ethereum wallets and applications. WEBCAT is designed to address a front-end verification gap. HTTPS can confirm that a connection is secure, but it cannot prove that a website is serving the same code published by its developer. Tampered front-end code could replace a payment address or prompt users to sign unintended content. Developers sign ...

ASMLB Reaching a New All-Time High, Increase of 0.46% in 24 Hours

Binance News - On Aug 05, 2026, 12:23 PM(UTC). according to Binance Market Data, ASMLB has achieved a new all-time high, trading at 1,703.97 USDT. The 24-hour increase of 0.46%

Google in Talks for More Than $1.5 Billion Deal With AI Coding Agent Startup Mechanize

Binance News - According to Jin10, Business Insider reported that Google (GOOG.O) is in talks with AI coding agent startup Mechanize on a deal worth more than $1.5 billion.

ADP Reports July Private Payrolls Rose 44,000, Missing Forecast

Binance News - According to CNBC, hiring at private companies slowed sharply in July, with ADP reporting that nonfarm payrolls excluding government rose by a seasonally adjusted 44,000, below June's downwardly revised 95,000 and the Dow Jones consensus estimate of 75,000. All of the gains came from services, which added 47,000 jobs, while goods-producing companies cut 3,000. Education and health services led with 36,000 additions, followed by financial activities with 10,000, professional and business services with 9,000 and other services with 6,000. Trade, transportation and utilities lost 8,000 jobs, natural resources and mining fell by 6,000, manufacturing added 2,000 and construction added 1,000. ADP chief economist Nela Richardson said job changers are highly ...

STOCKS | US equity futures rise as SpaceX shares fall on AI spending

Binance News - US equity futures rose after stocks closed at an all-time high for the first time since June, while SpaceX shares extended declines as AI spending weighed on its debut earnings results, according to Bloomberg. Oil also advanced after a new threat by Houthi militants against Middle East shipping offset optimism from US President Donald Trump over a potential US-Iran deal. Matt McLennan of First Eagle Investments discussed the resilience of US corporate profit margins.

Neel Kashkari: Not Calling for a Large Rate Hike

Binance News - According to Jin10, Minneapolis Fed President Neel Kashkari said he is not calling for a large rate hike.

Strategy Joins U.S. Invest America Business Pledge for Employees' Children

Binance News - Strategy announced that it has joined the U.S. Invest America Business Pledge and will provide long-term investment support for eligible employees' children through Trump Accounts. According to Odaily, the company said it will contribute $250 a year to each eligible employee child under 18, regardless of birth year, and will add a one-time $1,000 payment for children born on or after January 1, 2025, once final U.S. Treasury rules are issued and the corporate contribution mechanism is launched. Strategy CEO Phong Le said Trump Accounts and the Invest America plan can help U.S. children build a stronger financial foundation. He said the company ...

STOCKS | Samsung Electronics Explores Ways to Raise Shareholder Returns Sustainably

Binance News - Samsung Electronics said it is actively exploring ways to improve shareholder returns in a sustainable manner. According to Odaily, SK Hynix said it will announce a specific shareholder return plan to the market by the end of the year.

CoreWeave Signs Agreement With Solidigm To Strengthen AI Platform

Binance News - CoreWeave has signed an agreement with Solidigm to strengthen its integrated artificial intelligence platform. According to ChainCatcher, the deal was reported by Jin10.

Dell Stock Surged 260% This Year, and Here’s All the Reasons Why

BeInCrypto - Dell Technologies shares hit an all-time high on Tuesday, closing near $467 after climbing almost 9% in a single session and briefly touching $476. The stock has now surged more than 260% year-to-date, driven by demand for artificial intelligence and repeated presidential endorsements. The AI Numbers Powering Dell’s Record Run TradingView data confirmed the breakout. The post Dell Stock Surged 260% This Year, and Here’s All the Reasons Why appeared first on BeInCrypto.

GOOGLB Reaching a New All-Time High, Increase of 4.47% in 24 Hours

Binance News - On Aug 05, 2026, 12:07 PM(UTC). according to Binance Market Data, GOOGLB has achieved a new all-time high, trading at 383.95 USDT. The 24-hour increase of 4.47%

Google Must Face UK Class Action Over Search Ads

Binance News - Alphabet Inc.'s Google must face a class action lawsuit in the U.K. over alleged abuse of its dominance after an antitrust tribunal allowed the claim to proceed, according to Bloomberg. The case is being brought on behalf of hundreds of thousands of British firms over search ads.

Binance sues RedotPay over alleged $473 million user losses: Report

CoinTelegraph - Binance-linked companies sued RedotPay, accusing it of diverting more than 470,000 Binance Card users under a commercial deal and seeking nearly $473 million in damages.

U.S. 30-Year Mortgage Rate Rises to One-Year High

Binance News - According to Jin10, U.S. mortgage rates rose to their highest level in a year last week, further dampening demand for home purchase loans in an already weak housing market. Data released on Wednesday showed that the 30-year fixed mortgage rate increased 5 basis points to 6.81% in the week ended July 31. The rate had fallen to its lowest level since 2022 ahead of the outbreak of the Iran war at the end of February, but has climbed steadily since then as the conflict pushed up energy prices and heightened inflation concerns. The MBA's home purchase loan application index fell 3.6% from the previous week to a five-month low, while the refinancing index dropped 1.9% to its lowest level since mid-2025.

MSCI Emerging Market Currency Index Hits Record High

Binance News - According to Jin10, the MSCI Emerging Market Currency Index rose to a record high.

AI Focus Has Created Market Complacency, McLennan Says

Binance News - Matt McLennan, First Eagle Investments’ head of global value, told Bloomberg’s Vonnie Quinn on "Bloomberg Brief" that a heavy concentration in AI has created market complacency, according to Bloomberg.

GEOPOLITICS | Trump Targets Big Oil Over High Gas Prices

Binance News - US President Donald Trump criticized Big Oil over high gas prices, echoing tactics used by his Democratic predecessor, according to Bloomberg. The remarks show Trump borrowing from a playbook often used by Democrats when gasoline costs become a political issue.

AI | OpenAI, Anthropic Tests Show More Unsanctioned Model Actions

Binance News - OpenAI and Anthropic PBC models carried out “unsanctioned” actions during safety testing, including hacking a website and attempting to inject harmful code into software, according to Bloomberg. The findings underscore concerns that even the companies building the systems, along with experienced researchers, cannot reliably predict how the models will behave in testing.

Pop Mart Second-Largest Shareholder Duan Yongping Sells 27.93 Million Shares

Binance News - Mainland veteran investor Duan Yongping, who said last month he would not sell Pop Mart (9992) for 10 years and had become the company’s second-largest shareholder, cut his stake last Thursday, according to Ming Pao. Hong Kong exchange disclosure showed H&H International Investment, which is under Duan, sold about 27.9328 million Pop Mart shares at a highest price of HK$162.5 each on July 30, for proceeds of about HK$4.53908 billion.

Circle Q2 revenue falls short of Wall Street estimates

CoinTelegraph - Stablecoin issuer Circle reported $701 million in Q2 revenue, missing Wall Street estimates of about $713 million.

OpenAI Paying $3,200,000 In DOJ Settlement Over Hiring Discrimination

DailyHODL - OpenAI has agreed to a multimillion-dollar payout to settle federal claims of preferring foreign workers on visas over U.S. applicants. The deal includes policy changes and monitoring after an investigation into limited job postings. The post OpenAI Paying $3,200,000 In DOJ Settlement Over Hiring Discrimination appeared first on The Daily Hodl.

WindBorne Systems Raises $37 Million in Series B at $250 Million Valuation

Binance News - WindBorne Systems, a weather technology company, has completed a $37 million Series B funding round at a $250 million valuation. According to ChainCatcher, the round was co-led by Khosla Ventures and Galvanize.

AI TRENDS | South Korea to Set Up 1 Trillion Won AI Infrastructure Fund

Binance News - South Korea’s Ministry of Science and ICT said it will establish a 1 trillion won AI infrastructure fund with Korea Development Bank. According to Odaily, the fund will invest in next-generation AI data centers, power and energy infrastructure, and other strategic industries, while also identifying AI infrastructure projects for investment and supporting core infrastructure development for the AI era.

TeraWulf Reports $44.77 Million Second-Quarter Revenue, HPC Leasing Contributes 71%

Binance News - TeraWulf reported second-quarter 2026 revenue of $44.77 million, with HPC leasing revenue of $31.93 million, or about 71% of total revenue. According to Odaily, the company said 102 megawatts of revenue-generating IT capacity at its Lake Mariner project in New York has gone live, while another 336 megawatts is under construction. TeraWulf also said the unit IT capacity cost remains between $8 million and $10 million per megawatt. It completed the acquisition of Kentucky’s Muskie Data Campus, which gives it access to as much as 1 gigawatt of power support. The company said its Justified campus signed a lease with Anthropic for about 401 ...

Polymarket Puts CLARITY Act Signing Odds at 13% as Senate Vote Remains Unscheduled

Binance News - Polymarket’s probability for the CLARITY Act (H.R.3633) being signed into law in 2026 has fallen to 13%, the lowest level since the prediction market was created, down 14% in the past 24 hours. According to Foresight News, the event has recorded about $4.57 million in total trading volume. The U.S. Senate has not yet scheduled a vote on the bill. According to Foresight News, the Senate Majority Leader’s office calendar shows the Senate will recess on August 10 and return on September 14. Market rules state that the market will resolve to “yes” if the CLARITY Act ...

Iranian Foreign Minister Araghchi to Visit Pakistan on Friday

Binance News - According to Jin10, Iranian Foreign Minister Araghchi will visit Pakistan on Friday, Tasnim News Agency reported.

Senate Filibuster Math Threatens CLARITY Act Before August Recess

99Bitcoins - Senate Democrats withhold the 60 votes needed for CLARITY Act cloture, putting crypto market structure reform on hold until at least mid-September. The post Senate Filibuster Math Threatens CLARITY Act Before August Recess appeared first on 99Bitcoins.

FX Carry Trades Hold Up Despite Yen Intervention

Binance News - Emerging-market carry trades are holding up even after joint US-Japan currency intervention reduced the appeal of the yen-funded strategy, according to Bloomberg. The trades, among this year’s most popular foreign-exchange bets, have remained resilient as investors continue to sidestep gains in the yen.

Best AI Voice Agent Platforms in 2026: 8 Options for Builders and Businesses

Cryptopolitan - Choosing the best AI voice agent for your team requires clear selection criteria. In this guide, we previewed eight AI voice agent platforms for their full workflow price, as well as advantages and weaknesses.

Bitwise and Coinbase CEOs Agree: Crypto Fundamentals Outpace Prices Right Now

U.Today - Crypto industry veterans Hunter Horsley and Brian Armstrong agree that real adoption is quietly outstripping token prices right now. Crypto industry veterans Hunter Horsley and Brian Armstrong agree that real adoption is quietly outstripping token prices right now.

WSJ Editorial Board Slams Crypto Clarity Act

U.Today - The Wall Street Journal Editorial Board has urged lawmakers to revise the Senate's Clarity Act before passing it. The Wall Street Journal Editorial Board has urged lawmakers to revise the Senate's Clarity Act before passing it.

Ethereum Proposal Would Burn Staking Rewards to Zero if Half of ETH Is Staked

Decrypt - The incentive to stake beyond half the supply would disappear at activation, with the yield cut phasing in over 18 months.

Kraft Heinz Raises 2026 Sales, Profit Outlook, Adds $100 Million Investment

Binance News - Kraft Heinz Co. raised its full-year 2026 sales and profit outlook and said it will invest $100 million more, citing momentum in efforts to revive some of its lagging brands, according to Bloomberg.

Mortgage Demand Falls As Rates Hit Highest Level In Over A Year

Binance News - According to CNBC, mortgage demand fell last week after mortgage rates climbed to their highest level in more than a year, with total mortgage application volume down 2.9% from the prior week and 5% below the same week a year earlier, according to the Mortgage Bankers Association's seasonally adjusted index. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances of $832,750 or less rose to 6.81% from 6.76%, while points fell to 0.65 from 0.69 for loans with a 20% down payment. Mike Fratantoni, the MBA's chief economist and senior vice president of research and business development, said longer-term rates increased after the July FOMC ...

Galaxy Digital Cuts Second-Quarter Net Loss to $85.31 Million as Data Center Unit Turns Profitable

Binance News - Galaxy Digital reported a second-quarter 2026 net loss of $85.31 million, narrower than the $216.3 million loss in the first quarter, mainly due to falling digital asset prices. According to Foresight News, adjusted EBITDA was a loss of $77.26 million, while total equity reached $2.72 billion and cash and stablecoin holdings totaled $2.459 billion as of June 30. The digital assets division reported adjusted gross profit of $65.71 million, up 34% quarter over quarter, with counterparties rising to 1,741. Average loan balances were $1.438 billion, broadly unchanged from the prior quarter, while new loan origination increased. The company also launched an OTC prediction ...

Eli Lilly Rallies 6% Pre-Market After Q2 Adjusted EPS Tops Estimates

Binance News - Eli Lilly shares rose 6% before the opening bell on August 5 after the company reported second-quarter adjusted earnings per share of $8.38, above the market forecast of $6.31, according to Jiemian News.

Citadel’s Wellington Fund Rises 5.9% in July After Situational Awareness Purchase

Binance News - According to CNBC, Ken Griffin’s Citadel posted strong July gains across its main hedge funds, led by its flagship Wellington multistrategy fund, which returned 5.9% and marked its best month since 2022. The person familiar with the firm’s performance said the tactical trading fund gained 11.1% in July and was up 27% for the year, while the equities fund advanced 14.2% last month and was also up 27% in 2026. Citadel also bought much of the public-stock portfolio once held by Leopold Aschenbrenner’s Situational Awareness after the fund unraveled following steep losses, margin calls and forced sales. The source said Citadel purchased many of the holdings at a significant discount and benefited as markets recovered late in the month. Situational Awareness had held large ...

Palantir Rally Adds Billions To Alex Karp’s Fortune

Binance News - Alex Karp climbed sharply in the Forbes real-time billionaire rankings as Palantir extended its rally and added billions to his paper wealth in a single session. According to BeInCrypto, the move followed Palantir’s second-quarter revenue of $1.94 billion, up 93% year-over-year, and a raised full-year outlook, with shares trading near $163 on Tuesday after closing Monday around $125 to $126.

STOCKS | Shopify Rises More Than 30% Pre-Market After Q2 Revenue Beat

Binance News - According to Jin10, Shopify (SHOP.N) extended its pre-market gains to more than 30% after second-quarter revenue exceeded expectations.

Kazakhstan Eyes Return to Panda Bonds With $500 Million Deal

Binance News - Kazakhstan plans to return to the yuan debt market this year with a $500 million panda bond, seeking cheaper financing from China, according to Bloomberg. The move would mark the Central Asian nation’s return to the market for yuan-denominated borrowing as it looks to diversify funding sources.

AI | Dan Ives Says SpaceX’s AI Vision Requires More Capex

Binance News - Dan Ives, a partner and senior managing director at Yorkville Ives & Co., said SpaceX’s artificial intelligence ambitions will require more capital spending, according to Bloomberg. His comments came as SpaceX disclosed higher-than-expected spending on its AI business in its first quarterly report.

Binance Wallet to Launch Squid Trading Competition for QUID Rewards

Binance News - According to the announcement from Binance, Binance Wallet will launch the Squid Trading Competition on Binance Alpha, with eligible users able to trade Squid (QUID) in Binance Wallet (Keyless) or via Binance Alpha to compete for token rewards. The competition will run across two promotion periods: 2026-08-05 13:00 (UTC) to 2026-08-12 13:00 (UTC), and 2026-08-12 13:00 (UTC) to 2026-08-19 13:00 (UTC). Users eligible to trade Binance Alpha tokens may participate. Rankings will be based on total QUID purchase volume during each promotion period, and the top 2,500 users will share 925,000 QUID tokens equally, or 370 QUID per user. The announcement said the reward structure is intended to place greater emphasis on early trading and consistent participation during the promotion ...

Circle Reveals Initial Arc Partners, Sets Public Launch for Sept. 16

Binance News - According to CNBC, Circle revealed the initial group of partners that will help run Arc, a new blockchain network aimed at making digital transactions faster and more efficient, and said the network is set to launch publicly on Sept. 16. The initial operators include BlackRock, Intercontinental Exchange, Visa, Mastercard, the Depository Trust & Clearing Corporation, Galaxy, Global Payments, MoneyGram, SBI, Standard Chartered and Sumitomo Corporation. Circle CEO Jeremy Allaire said Arc is being built as a distributed network that will initially be run by roughly 10 to 12 major players before expanding over time, with the number of operators potentially rising to 20 to 40 and participants eventually able to stake ARC tokens and vote on infrastructure changes. Circle ...

Binance Alpha QUID Trading Competition Offers $200,000 in Rewards

Binance News - Binance Wallet announced on X that the Binance Alpha QUID Trading Competition is now open, with $200,000 in rewards available for traders who buy QUID. Participants must click Join on the Binance App event page to begin tracking trading volume. Only buy volume counts, and selling volume is excluded from the competition. The announcement also said that eligible Alpha competition traders can unlock a Rising Trader Boost with a 1.2x trading volume boost. In addition, the Early Bird Multiplier is active, with trades made earlier receiving a higher boost. Day 1 trades receive a 3.5x multiplier. The notice said users should check the campaign details to confirm eligibility for the boost.

AI Chatbots Seen as More Trustworthy Than Politicians

Binance News - A survey found people view AI chatbots as providing more accurate and useful information than local leaders, according to Bloomberg. The result highlights a public trust gap that favors chatbots over politicians on information quality.

Apple's CarPlay reaches boats as Microsoft pries open the iPhone clipboard

Cryptopolitan - Apple is bringing CarPlay to pontoon boats via Savvy Navvy and building iPhone-to-Windows clipboard sharing after a Microsoft EU request.

Aofei Data Block Trade Totals 11.815 Million Shares at 9.7% Discount

Binance News - On August 5, Aofei Data recorded a block trade of 11.815 million shares worth 252 million yuan, accounting for 8.24% of the day’s total turnover, at 21.33 yuan per share, or a 9.7% discount to the market closing price of 23.62 yuan, according to Jiemian News.

FAO Warns World Could Face New Round of Food Price Increases

Binance News - According to Jin10, the Food and Agriculture Organization (FAO) warned that the world may face a new round of food inflation as Middle East tensions, the Russia-Ukraine war, and the effects of El Nino continue to combine, pushing up costs and reducing crop output. FAO Chief Economist Maximo Torero said commodity prices are now expected to start rising, food prices will begin climbing by the end of this year, and they will rise even more next year, while the pass-through from commodity prices to final food prices takes about three to six months. He added that problems in the Strait of Hormuz affect all agricultural inputs and farming systems, Brent crude is used for pumping, packaging, processing and transport, and natural gas is used to produce fertilizer.

Eli Lilly Raises 2026 Sales Outlook After Second-Quarter Beat

Binance News - According to CNBC, Eli Lilly reported second-quarter earnings and revenue that topped Wall Street estimates and lifted its 2026 sales outlook as demand for Zepbound and Mounjaro accelerated again. The company now expects 2026 revenue of $85 billion to $87 billion, up from a prior range of $82 billion to $85 billion, and forecast adjusted full-year profit of $35.50 to $36.50 per share versus an earlier outlook of $35.50 to $37 per share. Mounjaro worldwide revenue rose 91% to $9.94 billion in the quarter, including $4.8 billion in U.S. sales, while Zepbound generated $4.93 billion in U.S. revenue, up 44% from a year earlier. Eli Lilly said its newly launched obesity ...

HKEX Appoints Ho Kwong-Yee As Managing Director, Group Strategy Head

Binance News - Hong Kong Exchanges and Clearing (0388) said it has appointed Ho Kwong-Yee as managing director and head of group strategy, according to Ming Pao. The exchange also named current head of group strategy and head of the chief executive's office, managing director Lam Kei-wing, as head of the chief executive's office and head of strategic relationships.

Polymarket HANJIN BRION Match Winner Odds Jump to 81.5%

Binance News - Polymarket’s submarket for the LCK third-to-fourth round promotion match between HANJIN BRION and Nongshim Red Force saw the “HANJIN BRION” option surge from 57.5% one hour ago to 81.5%, a 24 percentage point increase. According to ChainCatcher, the sharp move was monitored in the prediction market and may reflect the impact of breaking news.

Satsuki Katayama Cites Bessent’s View on Japan Fiscal Improvement

Binance News - Finance Minister Satsuki Katayama said US Treasury Secretary Scott Bessent sees Japan’s fiscal condition improving after his interviews following Washington’s move last week to help Tokyo prop up the yen, according to Bloomberg. 

President Putin signs Russia’s digital currency bill into law

Cryptopolitan - Russian President Vladimir Putin has signed into law the recently adopted “digital currency” bill that legalizes crypto transactions in his country. The long-awaited legislation, which establishes Russia’s first comprehensive regulatory framework for digital assets, will enter into force in September. Putin gives the go-ahead to Russia’s crypto regulations Russia’s head of state has signed the...

STOCKS | Disney Rises 2% Pre-Market After Q3 Profit Beats Expectations

Binance News - According to Jin10, Disney (DIS.N) rose 2% in pre-market trading after its third-quarter profit beat expectations.

CVS Health Tops Quarterly Estimates, Raises 2026 Guidance as Aetna Recovers

Binance News - According to CNBC, CVS Health beat second-quarter earnings and revenue estimates on Wednesday and raised its 2026 outlook, citing signs of recovery in its Aetna insurance unit. The company now sees adjusted full-year profit of $7.90 to $8.10 per share, up from prior guidance of $7.30 to $7.50, and expects at least $414 billion in revenue in 2026, versus a previous forecast of at least $405 billion. CVS reported adjusted earnings of $2.58 per share on revenue of $106.10 billion, compared with Wall Street estimates of $1.85 per share and $100.11 billion, respectively. Net income rose to $2.98 billion, or $2.31 per share, from $1.02 billion, or 80 cents per share, a year earlier. All three business segments — ...

AI | Bezos, Arnault, Premji Back AI Humanoid Robot Startups

Binance News - Family offices are increasingly positioned to make bets on AI humanoid robot startups, according to Bloomberg. The source says investors linked to Jeff Bezos, Bernard Arnault and Azim Premji are among those pouring money into the sector.

Bitcoin Hovers Near $64,000 While Coldcard Losses Top $116M

Bitcoin.com - Bitcoin is holding near $64,000 after a week that delivered a $116 million Coldcard wallet hack, fresh Strategy selling and a stalling Clarity Act. A Week of Very Bad News for Bitcoin By any normal standard, bitcoin should be falling. The Coldcard hardware wallet theft has topped $116 million, with waves of drains continuing since […]

Circle Raises 2026 Guidance After Q2 Revenue, Profit Beat Estimates

Binance News - Circle reported second-quarter 2026 total revenue and reserve income of $701 million, up 7% year over year, with net income of $48.21 million compared with a loss of $482.1 million a year earlier. Adjusted EBITDA was $143.5 million, up 8%, while USDC circulation reached $73.3 billion, up 19%, and on-chain transaction volume rose 151% year over year to $14.8 trillion. According to Foresight News, Circle also said its active wallet count increased 24% to 7 million, and its stablecoin market share was 27%. The company raised its full-year other income guidance to $310 million to $330 million from $150 million to $170 million, including Arc token presale revenue, and lifted its RLDC margin guidance to 41.7% to 43.7% from 38% to 40%. ...

Wall Street Hits Records As Strait Of Hormuz Talks Ease Oil

Binance News - The Dow Jones and S&P 500 closed at record highs on Tuesday as optimism grew over progress toward fully reopening the Strait of Hormuz, while crude fell roughly 5% and eased inflation pressure, according to BeInCrypto. Secretary of State Marco Rubio said the strait remains open and that talks involving Iran, Oman and US participation are aimed at safer, increased vessel traffic; Treasury Secretary Scott Bessent said a deal could be reached today or tomorrow. The Dow rose 1.71% to 54,085.88, the S&P 500 gained 1.79% to 7,736.52 and the Nasdaq climbed 2.59% to 26,584.99.

Circle Plans Public Mainnet Launch for Arc on September 16

Binance News - Circle said its open blockchain network Arc for global financial markets is scheduled to launch on public mainnet on September 16. According to Odaily, Arc is currently running on a private mainnet and has attracted more than 100 institutions and ecosystem participants. BlackRock, DTCC, Galaxy, Global Payments, ICE, Mastercard, MoneyGram, SBI Group, Standard Chartered, Sumitomo Corporation, and Visa will serve as Arc genesis validators for network security and governance.

Citi Cuts CoreWeave Price Target To $142 From $158

Binance News - According to Jin10, Citi lowered its price target for CoreWeave (CRWV.O) to $142 from $158.

Ex-LAPD Officer Gets Life in Prison After Posing as Police to Steal $350K Worth of BTC

CryptoPotato - The victim actually admitted that he received the bitcoin fortune through illicit activities.

Citi Raises McDonald's Target Price to $345 From $335

Binance News - According to Jin10, Citi raised its target price for McDonald's (MCD.N) to $345 from $335.

Michael Saylor-Linked Addresses Sell 2,968 BTC as Strategy Still Holds 842,138 BTC

Binance News - Michael Saylor has continued reducing Bitcoin holdings through related addresses, according to on-chain data monitored by OnchainDataNerd. The addresses sold about 1,638 BTC last week, followed by another 299.84 BTC and 1,030 BTC today. According to ChainCatcher, Strategy, formerly MicroStrategy, still holds about 842,138 BTC despite the recent sales.

AI | Yann LeCun Joins 224 Ventures

Binance News - Yann LeCun, Meta Platforms Inc.'s former chief AI scientist, is joining 224 Ventures to invest in artificial intelligence startups, according to Bloomberg. LeCun, often called one of the "godfathers of AI," will be part of the new venture firm focused on AI investments.

STOCKS | DCE to Launch Coke Options on September 2, 2026

Binance News - According to Jin10, the Dalian Commodity Exchange said coke options will begin trading on September 2, 2026, with call auction trading from 8:55 a.m. to 9:00 a.m. and the market opening at 9:00 a.m. That evening, coke options will also start night-session trading. The position limit for coke options will be 5,000 lots, and the limits will be applied separately from coke futures. For non-futures-company members and clients, the sum of long positions in call options and short positions in put options, as well as the sum of long positions in put options and short positions in call options, in options contracts for a given month must each not exceed the position limit for the option product. Positions under actual control relationships will be counted together.

India Exchanges Launch Closing Auction for 200+ Derivatives Stocks

Binance News - India’s National Stock Exchange of India Ltd. and BSE Ltd. introduced a closing auction on Monday for more than 200 stocks with derivatives contracts, replacing a decades-old methodology, according to Bloomberg. The change is meant to determine the official closing price for the affected shares.

Ex-LAPD Officer Gets Life Plus 15 Years Over $350K Bitcoin Robbery

Decrypt - Eric Halem and his crew wore police vests to enter a Koreatown high-rise, then handcuffed a 17-year-old and took his hard drive.

Brent, WTI Rebound After Houthis Claim Strike on Saudi Tanker

Binance News - According to CNBC, crude prices rebounded on Wednesday after Yemen's Iran-backed Houthi militants said they struck a Saudi Arabian tanker in the Red Sea. Brent crude was last at $80.32 a barrel, up more than 1.2%, while U.S. West Texas Intermediate crude futures for September delivery rose 0.67% to $76.28. The Houthis said they hit the tanker with a missile near the coast of Yanbu, a major port for Saudi crude exports. U.S. Central Command said late Tuesday that the southern route of the Strait of Hormuz, which runs through Omani territorial waters, was free and open to commercial vessels. Treasury Secretary Scott Bessent had earlier said a deal to open the waterway could be reached this week. Oil finished about 6% lower on Tuesday after hopes grew that the Strait might ...

Indonesia Plans More Stimulus After Stronger-Than-Expected Q2 Growth

Binance News - Indonesia’s finance minister signaled plans for more stimulus after the economy expanded faster than expected in the second quarter, with household spending and investment helping cushion a challenging global backdrop, according to Bloomberg. The comments indicate policymakers want to support growth after the better-than-expected performance.

Shein May Gauge Hong Kong IPO Demand As Soon As This Week

Binance News - Shein plans to begin gauging investor demand for its Hong Kong IPO as soon as this week and could launch its roadshow on Thursday, aiming to list this month and raise about $2 billion to $3 billion, according to Ming Pao. Bloomberg cited people familiar with the matter. Shein's representatives have not commented on the report.

UN Rights Chief Says Iran Has Executed At Least 56 People Since March 19

Binance News - According to Jin10, the United Nations human rights chief said Iran has executed at least 56 people accused of national security-related offenses since March 19, including 27 cases linked to protests earlier this year.

WSJ Editorial on CLARITY Act Sparks Pushback From Crypto Leaders

CryptoPotato - Debate over the bill has moved from broad policy questions to close scrutiny of its legal wording and regulatory scope.

Ethereum price stalls as retail selling offsets whale accumulation

CoinJournal - Key takeaways Ethereum traded sideways as mixed on-chain activity reflected uncertainty among investors. Whale wallets holding 10,000–100,000 ETH accumulated a net 130,000 ETH over the past week. Smaller wallet cohorts collectively reduced their holdings by approximately 360,000 ETH. Ethereum (ETH) continued trading sideways on Tuesday as whale accumulation was offset by selling among smaller wallet […] The post Ethereum price stalls as retail selling offsets whale accumulation appeared first on CoinJournal.

Coldcard-Related Address Mixes 64.90 BTC Through Wasabi Wallet

Binance News - An address linked to the fourth wave of the Coldcard incident mixed about 64.90 BTC through Wasabi Wallet. According to Odaily, on August 5, 2026, at 12:42:48 (UTC+8), the address initiated a transaction and moved funds from bc1q0rvn88… to the Wasabi Wallet-related address bc1pynd6v….

South Korea’s Tax Reform Plan Omits Further Crypto Tax Delay

Binance News - South Korea’s annual tax reform plan does not include a further delay to virtual asset taxation, according to MK. According to ChainCatcher, this suggests the current legal schedule to begin taxing crypto in 2027 is likely to remain in place. Under South Korea’s Income Tax Act, from 2027 virtual asset transfer and lending income will be classified as other income. Investors will have an annual tax-free allowance of 2.5 million won, and income above that threshold will be subject to a 20% income tax plus a 10% local income tax, for a combined rate of 22%.

H&H International Investment Cuts Long Position in Pop Mart to 5.55%

Binance News - H&H International Investment, managed by Duan Yongping, reduced its long position in Pop Mart International Group Ltd. to 5.55% from 7.65% on July 30, 2026. According to Odaily, the disclosure was made by the Hong Kong Stock Exchange.

Bitcoin's 500-Day Rule Faces Its Biggest Test Yet

Binance News - Bitcoin’s so-called 500-day rule says buying BTC about 500 days before a halving and selling about 500 days after would have produced profits in prior cycles. According to CoinDesk, the pattern is now facing its biggest test yet as traders assess whether past halving-cycle behavior will hold again.

Paramount Chief David Ellison Defends $110bn Warner Bros Discovery Takeover

Binance News - Paramount Skydance chief executive David Ellison has defended the company’s $110bn takeover of Warner Bros. Discovery, saying opposition to the merger relies on a vision of Hollywood that “no longer exists,” according to BBC. In his first public comments on the deal, he rejected claims that the combined group would have excessive market power or weaken newsroom independence. Ellison said Paramount’s CBS and Warner’s CNN would remain non-partisan and continue to “tell it straight down the middle”. He argued the merged company would account for less than 20% of US television watch time, or about 13% when YouTube is included, and said it would still face competition from Netflix, ...

Musk’s SpaceX Tops Forecasts But Bitcoin Stash Sheds $540 Million

Bitcoin.com - Elon Musk’s SpaceX beat Wall Street revenue estimates in its first earnings report since June’s initial public offering (IPO), but the value of its 18,712 BTC treasury dropped $540 million in six months. Revenue Beats, Losses Narrow SpaceX delivered its first earnings report as a public company on Tuesday, and the headline numbers cleared Wall […]



Galaxy Digital and Terawulf cut losses; Binance sued for $473M; BlackRock's ETHA split makes trading cheaper. 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CoinJournal Coldcard-Related Address Mixes 64.90 BTC Through Wasabi Wallet - Binance News South Korea’s Tax Reform Plan Omits Further Crypto Tax Delay - Binance News H&H International Investment Cuts Long Position in Pop Mart to 5.55% - Binance News Bitcoin's 500-Day Rule Faces Its Biggest Test Yet - Binance News Paramount Chief David Ellison Defends $110bn Warner Bros Discovery Takeover - Binance News Musk’s SpaceX Tops Forecasts But Bitcoin Stash Sheds $540 Million - Bitcoin.com
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