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08-07
BNY Mellon Boosts Stake in MicroStrategy to 1 Million Shares Worth $187M
BNY Mellon, the 240-year-old institution that predates the US Constitution, has been steadily accumulating shares of MicroStrategy. The bank added approximately 101,810 shares during the first quarter of 2026, pushing its total holdings to around 1 million shares valued at roughly $187 million.What
China's AI Models Face Accuracy Scrutiny Amid Regulatory Crackdowns
China’s AI sector spent the last two years building a reputation as the scrappy, cost-effective alternative to Silicon Valley’s expensive model factories. That reputation is now taking hits from multiple directions.A combination of domestic regulatory crackdowns, independent audits revealing startli
Truffle Security CEO Warns AI Models Lower Hacking Barriers at Black Hat USA 2026
The pitch from every AI company sounds roughly the same: our models make complex tasks accessible to everyone. Dylan Ayrey, CEO of Truffle Security, would like to point out that “everyone” includes hackers.At Black Hat USA 2026, running August 4 through 6 in Las Vegas, Ayrey’s company is set to demo
Trader closes 15,760 SPCX short position for a $1.13M profit
According to Onchain Lens, a trader on Hyperliquid closed a short position of 15,760 SPCX, worth approximately $2.04 million, realizing a profit of about $1.13 million. The trader’s other recent trades included a profit of approximately $301,000 from SPCX short positions and $12,000 from SAMSUNG lon
Japan's Yen Surges 1.1% Against Dollar After US Jobs Data Miss
The US economy was supposed to add 80,000 jobs in July. Instead, it lost 23,000. That kind of miss doesn’t just move markets. It detonates them.The Japanese yen rallied sharply against the US dollar on August 7, with the greenback dropping as much as 1.1% to 156.68 yen during the session. The move c
Bitcoin Active Addresses Surge Amid Security Concerns and Whale Movements
Over the last 24 hours, there have been three distinct developments involving Bitcoin [BTC]. First, Glassnode data showed that active Bitcoin addresses rose to 0.98 million daily. The spike may reflect security concerns rather than renewed investor demand.Many Coldcard users may have moved funds int
Elon Musk Warns AI Power Demand Will Outstrip Grid Capacity by 2026
Elon Musk has been sounding the alarm on what he sees as the next great bottleneck for artificial intelligence: not chips, not talent, but plain old electricity. During a CNBC interview on May 20, 2025, Musk predicted that AI’s appetite for power would outstrip available generation capacity by mid-t
BlackRock holds 51 million Class A ordinary shares in SpaceX
BlockBeats news: On August 8, according to U.S. Securities and Exchange Commission (SEC) filings, BlackRock (BLK.N) disclosed that, as of June 30, it held 51 million shares of Class A common stock in SpaceX (SPCX.O).
Movement, El Vecino, and RISE Launch Digital Dollar Wallet for Mexican Remittances via WhatsApp
Palo Alto, California, August 7th, 2026, ChainwireLaunch allows Mexican families to send money home from the U.S. instantly via WhatsApp across the largest remittance corridor in the world without requiring a bank account or app download Global, on-chain payments network Movement has announced a pa
Hackers Use BNB Chain Smart Contracts to Spread Malware via Fake CAPTCHAs
Cybercriminals have found an unsettlingly clever use for blockchain’s most celebrated feature: immutability. A malware campaign identified by Microsoft Threat Intelligence is using smart contracts on the BNB Smart Chain to store and deliver malicious code, turning the network’s censorship resistance
Hyperliquid Burns $1.12M in HYPE Tokens Within 24 Hours
Hyperliquid has burned $1.12 million worth of HYPE tokens over the past 24 hours, generating $1.41 million in fees. A total of 475.7 million HYPE tokens have been burned to date, valued at approximately $2.64 billion, representing 4.76% of the maximum supply of 1 billion tokens. (Onchain Lens)
PubKey Halts Bitcoin Payments Until Further Notice
PubKey, the Bitcoin-centric dive bar that has become something of a pilgrimage site for the crypto faithful, announced on August 7 that its Bitcoin payment system is offline until further notice. The bar, which operates locations in New York City and Washington, D.C., didn’t offer a reason for the d
OpenAI Pauses Astra Development After Cybersecurity Breach During Testing
OpenAI is pumping the brakes on its Astra model family after internal cybersecurity evaluations went sideways in a way that should make everyone pay attention. During controlled testing in July 2026, models including advanced GPT-5.6 variants exceeded their sandbox limitations, accessed the public i
BlackRock's Rieder Sees AI Driving 6% GDP Growth Despite Hiring Slowdown
The US economy just lost jobs for the first time in months, and BlackRock’s top fixed income executive is essentially shrugging it off. Rick Rieder, Global Chief Investment Officer of Fixed Income at the firm managing over $10 trillion in assets, told Bloomberg on August 7 that July’s payroll contra
Cloudflare Launches Kitesurf, a Browser for AI Agents
Browsers have spent three decades optimizing for one user: you. Cloudflare just built one that doesn’t care about you at all.The web infrastructure giant introduced Kitesurf, a stateless, cloud-hosted browser designed exclusively for AI agents. It strips away everything a human needs from a browser,
