Today's Crypto and Bitcoin News

—from PoW to PoS and then to PoCR, blockchain consensus mechanisms are undergoing a profound evolution from "resource ownership" to "proof of contribution"The blockchain industry stands at a critical crossroads.Over the past decade, we have moved from Bitcoin’s PoW to Ethereum’s PoS, and each iterat

Odaily Planet Daily report: South Korea’s KOSPI index plunged more than 4.5%, falling into the 6,200-point range. Amid weak overnight performance by U.S. tech stocks on Wall Street, foreign and institutional investors simultaneously sold off, exerting significant downward pressure on the index. On t

Odaily Planet Daily reports: U.S. District Judge Robert J. Shelby ruled that the Commodity Exchange Act does not preempt Utah’s application of its anti-gambling laws to Kalshi’s sports event contracts, and granted Utah’s motion for summary judgment, denying Kalshi’s motion for a preliminary injuncti

BlockBeats news, on August 6, Uniswap founder Hayden Adams, in response to community concerns, stated that the 1% pool fee used by some token launch platforms equates to approximately a 2% bid-ask spread, serving as their primary method of revenue extraction. This not only increases costs for trader

SummaryQatar's Dukhan Bank has joined J.P. Morgan's Kinexys Blockchain Deposit Account network, becoming the first Islamic bank in Qatar to adopt the infrastructure, enabling 24/7 cross-border payments with near-instant settlement for corporate and institutional clients.Key TakeawaysDukhan Bank is t

Key PointU.S. Federal District Judge Robert J. Shelby ruled that the Commodity Exchange Act does not prevent Utah from applying anti-gambling laws to Kalshi's sports event contracts. Shelby granted Utah's motion for summary judgment and denied Kalshi's motion for a preliminary injunction. Shelby sta

According to Cowen Research, SpaceX's Q2 revenue exceeded Goldman Sachs' expectations by approximately 17%, and its GAAP operating profit exceeded expectations by about 92%. AI business revenue for the quarter reached $7.67 billion, surpassing Goldman Sachs’ forecast of $5.6 billion; Goldman Sachs r

Huo Xing Finance reports: On the morning of August 6, South Korea’s Deputy Prime Minister and Minister of Economy and Finance, Choi Sang-mok, stated that under external risk shocks, only the stock market suffered a severe decline—a rare occurrence unlike previous patterns—but the government and cent

According to ME News, on August 6 (UTC+8), traffic through the Strait of Mandeb and the Strait of Hormuz dropped significantly compared to the previous day. Data from maritime tracking firm Kpler showed that only two vessels passed through the Strait of Hormuz on Wednesday, down from eight the day b

Bitcoin hovered near $64,830 on Thursday, up 0.8% over 24 hours and 1.3% on the week, while trading inside a narrow band, CoinDesk data show. Ether rose 2.1%, but most other majors barely moved, leaving the market less in rally mode than in wait-and-see mode.The bid under bitcoin is coming from macr

The first spot bitcoin ETF will exit the market on August 17.It is a product from Hashdex under the ticker DEFI.The fund will sell its assets, liquidate shares, and shut down.Hashdex announced the liquidation of the Hashdex Bitcoin ETF (DEFI), with trading to cease and the delisting scheduled for Au

Citing Announcement, KuCoin Pay has partnered with MTrading, an international CFD broker, to allow users to fund their accounts with over 50 cryptocurrencies, including USDT, USDC, BTC, ETH, and KCS. The integration enables instant, low-cost, and borderless transactions, bridging Web3 payments with

Visa is taking another step toward mainstream stablecoin adoption.This involves a new deal with zerohash.Thanks to the partnership, Visa Direct clients will be able to use stablecoin services. Payments giant Visa and digital asset infrastructure provider zerohash announced a partnership under which

SummaryMastercard is testing Crypto Credential with Borderless.xyz to enhance verification in cross-border stablecoin payments.Key TakeawaysMastercard Crypto Credential provides standardized verification signals for blockchain transactions, with the pilot testing its use across a global stablecoin n

ChainThink reports that on August 6, according to a post on X by the KITE Foundation, it detected an attack targeting the KITE token. The attack has been identified and contained, with no funds lost.The official statement indicated that the security monitoring system flagged anomalous KITE token tra