Today's Crypto and Bitcoin News
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08-08
Trump Media Withdraws from CRO Token Reserve Plan, Ends Crypto.com Partnership
Huo Xing Cai Jing reports, according to CoinDesk, Trump Media (DJT) is gradually stepping back from certain areas of the cryptocurrency space, including abandoning plans to establish a publicly traded company focused on accumulating CRO tokens. The plan was proposed during the peak of the digital as
U.S. Treasury Sanctions Iranian-Linked Crypto Exchanges Shelbit and Aban Tether
PANews, August 8: According to The Block, the U.S. Treasury’s Office of Foreign Assets Control (OFAC) has imposed sanctions on the cryptocurrency exchanges Shelbit and Aban Tether, as well as on Siavash Kayvanpour, the operator of Shelbit, and multiple companies he owns and controls in Georgia, Pola
U.S. tech and optical communication stocks surge, Coherent rises over 13%
Odaily Planet Daily report: According to data from MSX.COM, the U.S. stock market closed with a significant rally in the optical communications sector—Coherent rose over 13%, Credo over 8%, Lumentum over 6%, Corning over 5%, and Marvell Technology over 3%. Additionally, major tech stocks broadly adv
BlackRock's IBIT Bitcoin ETF Adds 7,320 BTC Worth $478.5 Million This Week
Odaily Planet Daily reports, according to Onchain Lens monitoring, BlackRock’s IBIT Bitcoin ETF withdrew 1,840 BTC today from Coinbase Prime, valued at approximately $119 million; this week, it has accumulated a total of 7,320 BTC, valued at approximately $478.5 million.
X Launches Original Content Rewards Program, Closes Applications for New Earnings Shares
According to ME News, on August 8 (UTC+8), X announced the launch of the Original Content Rewards Program to reward creators who provide original insights, professional analysis, reporting, and creative content. Additionally, X will cease accepting new applications for its Revenue Sharing Program; e
China's AI L3 Certification for Smartphones: A New Benchmark for AI Agent Capabilities
A certificate will not currently affect your device replacement schedule.Article author and source: GeekParkBack in late July, if you were following the smartphone industry, you would have noticed that numerous smartphone manufacturers announced their devices had received National Artificial Intelli
Sharplink and Galaxy Launch a $125M Onchain Yield Fund
ChainCatcher report: Nasdaq-listed company Sharplink, Inc. (ticker: SBET) and Galaxy Digital Inc. (ticker: GLXY) jointly announced the launch of the Galaxy Sharplink Onchain Yield Fund, LP. This institutional-grade fund, managed by Galaxy, has an initial committed capital of $125 million, with $100
X Launches Original Content Rewards Program
Odaily Planet Daily reports that X has announced the launch of the Original Content Rewards Program, designed to reward creators who provide original insights, professional analysis, reporting, and creative content. In addition, X will no longer accept new applications for the Revenue Sharing Progra
American Bitcoin executive Justin Mateen buys $1.93 million worth of company stock.
PANews, August 8: According to CoinDesk, Justin Mateen, a member of the board of American Bitcoin (ticker: ABTC), purchased a total of 306,981 shares of the company between August 5 and 6, for a total value of approximately $1.93 million. Following the transaction, Mateen holds 492,297 Class A share
Citi Downgrades Micron, Forecasts Memory Prices to Peak in Q2 2027
Odaily Planet Daily reports: Citrini analyst Jukan posted on X that Citibank has downgraded Micron, expecting the price increases for DRAM and NAND over the next four quarters to gradually slow, with prices projected to peak in the second fiscal quarter of next year, corresponding to May. Citibank r
22.7% of Major Bitcoin Miners Now Operating at Daily Loss
The profitability clock is ticking louder for Bitcoin miners. On August 6, nearly one in four mainstream mining machines tracked by data centers was operating in the red. According to the original report from WuBlockchain Data Center, 22.7% of 22 major ASIC models were generating negative daily net
New Mexico Judge Orders Meta to Pay $567M for Child Harm Remediation
A New Mexico judge has handed Meta one of the most consequential legal defeats in the company’s history, ordering it to pay $567 million into a fund designed to repair the mental health damage its platforms inflicted on young users. The ruling, issued August 6, 2026 by Judge Bryan Biedscheid of the
08-07
Solana Perpetual DEX Flash Trade to Shut Down Unless Acquired
ChainCatcher report: Solana perpetuals DEX Flash Trade announced on Friday that it will shut down operations unless a buyer is found. The team stated that this decision is not due to financial reasons but rather based on market direction, declining participant numbers, and an assessment of the over.
Memecoins Drive Altcoin Season 2026 as SUI, ICP, RENDER, ONDO, and TAO Attract Attention
Memecoin activity is drawing fresh liquidity into the broader altcoin market.SUI, ICP, RENDER, ONDO, and TAO continue attracting attention due to ecosystem growth.Market participants are monitoring whether capital rotation extends beyond speculative tokens.The cryptocurrency market is now seeing ano
OpenAI Flags Critical Cybersecurity Risk in Upcoming Astra Model
OpenAI has hit what might be the most consequential alarm bell in the short history of frontier AI development. The company announced on August 7, 2026, that its upcoming model, Astra, may soon reach a “critical” level of cybersecurity capability, a designation that has never been triggered before u
