Treasury Secretary Bessent Invokes Satoshi Nakamoto in Push for Senate Vote on Clarity Act
IRS Warns of Sophisticated Phishing Scam Targeting Crypto Holders
Bipartisan Senators Submit Ethics Compromise to White House for CLARITY Act
Tokenized Gold Passes DeFi Stress Test, But Adoption as Collateral Remains Minimal
CME CEO Duffy Flags Tax Classification Gap for US Perpetual Futures
Institutional Trading Hits Record 72% of Crypto Volume as Volatility Compresses
Australia Seeks AU$54.6 Million From Telegram Over Terror Content Failures
Bitriver Founder Igor Runets Detained in Moscow on $12.5M Fraud Charges
Robinhood Beats Earnings as Crypto Revenue Falls 38% and Stock Drops 4%
Safe Logs 130M Transactions in Q2, Deploying 63.4M Accounts Across Network
Ethereum Foundation Appoints Privacy Advocate pcaversaccio as Fourth Board Member
Crypto Hacks Hit Record 212 Incidents in H1 2026, Totaling $1.1B in Losses
Top Stories
IRS Warns of Sophisticated Phishing Scam Targeting Crypto Holders
Bipartisan Senators Submit Ethics Compromise to White House for CLARITY Act
Tokenized Gold Passes DeFi Stress Test, But Adoption as Collateral Remains Minimal
CME CEO Duffy Flags Tax Classification Gap for US Perpetual Futures
Institutional Trading Hits Record 72% of Crypto Volume as Volatility Compresses
Australia Seeks AU$54.6 Million From Telegram Over Terror Content Failures
Bitriver Founder Igor Runets Detained in Moscow on $12.5M Fraud Charges
Robinhood Beats Earnings as Crypto Revenue Falls 38% and Stock Drops 4%
Editor's Picks
Robinhood Beats Earnings as Crypto Revenue Falls 38% and Stock Drops 4%
Safe Logs 130M Transactions in Q2, Deploying 63.4M Accounts Across Network
Ethereum Foundation Appoints Privacy Advocate pcaversaccio as Fourth Board Member
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Markets
Institutional Trading Hits Record 72% of Crypto Volume as Volatility Compresses
Institutional players now account for 72% of cryptocurrency trading activity, a record high marking a structural shift from retail-dominated markets. This institutional dominance has compressed volatility and tightened correlations with traditional assets, but raises questions about systemic...
Robinhood Beats Earnings as Crypto Revenue Falls 38% and Stock Drops 4%
Robinhood posted $100 million in Q2 2026 crypto transaction revenue, beating Wall Street consensus of $86.6 million. Yet shares fell 4% anyway, signaling investor skepticism about the company's ability to offset a 38% year-over-year decline in crypto revenue through diversification into...
Safe Logs 130M Transactions in Q2, Deploying 63.4M Accounts Across Network
Safe posted 130 million transactions in Q2 2026, a new record for the smart account infrastructure provider. The protocol deployed 63.4 million Safes and launched SafeNet Beta with 54.8 million SAFE tokens staked, signaling utility-driven growth during a down market.
Ethereum Foundation Appoints Privacy Advocate pcaversaccio as Fourth Board Member
The Ethereum Foundation appointed pcaversaccio, author of the Ethereum Cypherpunk Manifesto and co-founder of SEAL 911, as its fourth board member. The move signals the Foundation's strategic emphasis on privacy and security amid broader leadership changes.
Regulation
Treasury Secretary Bessent Invokes Satoshi Nakamoto in Push for Senate Vote on Clarity Act
Treasury Secretary Scott Bessent urged the Senate to immediately vote on the Clarity Act on Wednesday, accusing Democrats of delaying the crypto market structure bill for political reasons and invoking Bitcoin's pseudonymous creator to underscore the stakes.
IRS Warns of Sophisticated Phishing Scam Targeting Crypto Holders
The IRS has issued a warning about fraudsters mailing counterfeit compliance letters to cryptocurrency holders, directing recipients to fake government portals built to harvest digital assets and personal information.
Bipartisan Senators Submit Ethics Compromise to White House for CLARITY Act
Senators Thom Tillis and Ruben Gallego submitted a revised ethics compromise proposal to the White House on Wednesday, seeking approval for language that could unblock the CLARITY Act from advancing through Congress.
CME CEO Duffy Flags Tax Classification Gap for US Perpetual Futures
Terry Duffy, CEO of CME Group, has flagged unresolved tax classifications for US perpetual futures as a significant barrier to institutional adoption. The structural ambiguity leaves traders uncertain about capital gains treatment and may push volume to offshore platforms.
DeFi
Tokenized Gold Passes DeFi Stress Test, But Adoption as Collateral Remains Minimal
Tokenized gold survived a real-world DeFi stress test during gold's sharp sell-off, with RedStone oracles maintaining accuracy and liquidations executing smoothly. Yet fewer than 2% of tokenized gold tokens are deployed as collateral, revealing a gap between technical validation and market adoption.
Morpho Deploys on HSK Chain as Hong Kong Official Onchain Credit Partner
Morpho has partnered with HSK Chain to deploy as Hong Kong's official onchain credit partner, marking the lending protocol's first Asia-Pacific foothold and reflecting broader institutional DeFi expansion into regulated markets.
Robinhood Chain Tops Solana in Tokenized Stock Volume After Three Weeks
Robinhood Chain has surpassed Solana in tokenized stock trading volume just three weeks after launch, averaging $29.7 million in daily DEX volume. The rapid ascent raises questions about whether the growth reflects genuine equity adoption or memecoin-driven speculation.
Lido Consolidates $16B in Staked ETH to CMv2, Reshaping Ethereum's Validator Landscape
Lido is consolidating more than $16 billion in staked ETH onto its new Curated Module v2, expected to reduce Ethereum's validator count by one-third. The migration requires node operators to post bonds for the first time, reshaping validator economics and raising questions about network...
Technology
Inception Labs' Mercury 2 Outperforms Google's DiffusionGemma in AI Showdown
Inception Labs released Mercury 2, an AI model that outperforms Google's DiffusionGemma while preserving model intelligence during the shift from sequential to parallel processing. The development marks a significant architectural transition in the post-autoregressive era.
Quantinuum Surges 13% on Nasdaq IPO Debut, Raising $1.68B
Quantinuum's shares opened at $68 on their first day of trading on Nasdaq, a 13% jump from the $60 IPO price, raising $1.68 billion in total proceeds and valuing the quantum computing company at approximately $17.63 billion market capitalization.
Starkware Cuts Jobs as Starknet Revenue Collapses 98%
StarkWare Cuts Staff as Starknet Fee Revenue Drops 98% From Peak StarkWare, the Israeli company behind the Starknet Ethereum Layer 2 network, has laid off a portion of its workforce as on-chain rev
Kraken Refuses Extortion Demand After Insider Data Breach Exposes 2,000 Accounts
Kraken Refuses Extortion Demand After Insider Data Breach Exposes 2,000 Accounts Cryptocurrency exchange Kraken has declined to pay an extortion demand following a data breach that exposed personal
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