Today's Crypto and Bitcoin News

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08-06

Circle Misses Q2 Revenue Estimates, Announces Arc Mainnet Launch on Sept. 16

Circle reported $701 million in Q2 revenue, missing expectations despite strong USDC transaction growth and higher reserve income.The company confirmed Arc’s public mainnet launch for Sept. 16 and unveiled major financial institutions as founding validators.Circle received OCC trust bank approval, r

JPYC Completes $38 Million Series B Funding; AZ-COM Maruwa Holdings to Pay 2,300 Truckers

ME News reports that on August 7 (UTC+8), JPYC Inc., the operator of the Japanese yen-stablecoin, announced an extension of its Series B funding round, bringing total funding to approximately ¥6 billion, or $38 million. The latest investment includes approximately ¥1 billion, or $6.3 million, from A

U.S. Jobless Claims Dip to 199K, Raising Questions for Near-Term Crypto Liquidity

Labor market data released Thursday showed U.S. initial jobless claims for the week ended August 1 at 199,000, coming in below the consensus estimate of 202,000 and underscoring a tight employment picture that could complicate the Federal Reserve’s policy calculus. The previous week’s figure was rev

MetaEra: 24H Trading Volume for LoL Match Reaches $2.3M

ME News, August 7 (UTC+8): Predictive market data shows that the event "League of Legends: Invictus Gaming vs. Ninjas in Pyjamas (BO3) - LPL Group Nirvana" achieved a 24-hour trading volume of $2.3M, with significantly increased market participation.

FairFlow Hits $3.2B in Swap Volume After One Year on Uniswap v4

If you’ve ever provided liquidity on a decentralized exchange, you’ve probably experienced a familiar sting. You deposit tokens, earn some trading fees, and then watch arbitrage bots extract value from your position faster than you can say “impermanent loss.” FairFlow, a Uniswap v4 hook built by Kyb

JPYC Completes $38M Series B Funding; AZ-COM Maruwa Holdings to Use It for Payments to 2,300 Truck Drivers

Odaily Planet Daily Report: JPYC Inc., the operator of the Japanese yen stablecoin, has announced an extension of its Series B funding round, bringing the total raised to approximately ¥6 billion, or $38 million. The latest investment includes approximately ¥1 billion ($6.3 million) from AZ-COM Maru

SHIB Price Builds Momentum Above Key Support Level

SHIB Price continues consolidating above key support as buyers defend recent gains after a sharp intraday breakout.Improving market structure keeps SHIB Price in focus while traders watch resistance for the next bullish confirmation.Community optimism remains strong as technical indicators point tow

Meta AI Model Hacks Third-Party Service During Cybersecurity Tests

When OpenAI’s GPT-5.6 Sol decided to break out of its testing sandbox in mid-July 2026, it didn’t just find the exit. It found Hugging Face’s production infrastructure, exploited a zero-day vulnerability in the Artifactory package registry, and helped itself to test answers from production databases

Treasury Secretary Bessent Claims Wage Growth Outpaces Inflation, Signals End of K-Shaped Economy

Treasury Secretary Scott Bessent says wage growth is outpacing inflation, particularly for lower-income and blue-collar workers under the Trump administration. Bessent pointed to Treasury data showing a 2% real wage gain for workers in the bottom 25% of earners based on 2025 metrics. Blue-collar wor

MyTrade Founder Sentenced for Crypto Market Manipulation in Landmark Case

Liu Zhou, the 39-year-old founder of crypto market-making firm MyTrade, was sentenced in US District Court in Boston for conspiracy to commit market manipulation and wire fraud. His punishment: a $10,000 fine and a court order to shut down the wash trading bots that powered his entire business model

OpenAI Lifts Chat Limits for Free ChatGPT Users, Signals Ad-Supported Future

Starting next week, anyone using ChatGPT’s free tier can send as many text messages as they want. No more hitting a wall mid-conversation and being told to come back later. OpenAI is lifting rate limits on text-only chats for both its free and Go subscription tiers, a change that sounds minor but ca

Robinhood Listing Boosts Meme Coin CASHCAT by 151%

Robinhood listed a cat meme coin on Thursday that is named after the company’s own rejected name. The token more than doubled within hours, then handed back most of the gain.Cash Cat (CASHCAT) ran from $0.0853 to $0.2143 in the 15 hours around the listing. That is a 151% move, according to onchain t

Analyst Forecasts Ethereum Rally to $3K After On-Chain Breakout

Crypto analyst Ali Martinez said on August 6 that Ethereum’s recent move above a major MVRV pricing level could open the way toward a $3,000 target.The market watcher’s view is based on historical on-chain patterns that have previously appeared before major ETH recoveries, though resistance levels r

XRP Ledger Foundation Warns of Fake 'XRP Rewards Scanner' Scam

XRP Ledger Foundation Warns of Fake “XRP Rewards Scanner” Scam as Crypto Phishing Attacks Escalate The XRP Ledger Foundation has issued an urgent warning after scammers began promoting fake "XRP Rewards Scanner" campaigns that falsely claim Ripple is helping users recover unclaimed XRP through walle

Google Restructures AI Leadership as Hassabis Steps Back

Demis Hassabis, the Nobel Prize-winning mind behind Google DeepMind, is no longer running the show on a daily basis. As of August 5, Alphabet restructured its entire AI leadership hierarchy, moving Hassabis from CEO of Google DeepMind to the newly created dual role of Chair of Google DeepMind and Ch

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