Today's Crypto and Bitcoin News

A section of DeFi players across the Ethereum [ETH] ecosystem has opposed the recent inflation proposal. The new proposal aims to remove staking rewards if staked ETH surpasses half of its overall circulating supply. According to researcher Justin Drake and the team, the proposal (EIP-8361) would he

Citadel, Ken Griffin’s flagship hedge fund, just bought roughly $16 billion worth of public equities from Leopold Aschenbrenner’s Situational Awareness fund at a discount exceeding 10% to market value. The deal closed late on July 30 and into July 31, involving multiple prime brokers in what amounts

Odaily Planet Daily News: Michigan State Representative Donavan McKinney defeated incumbent U.S. Representative Shri Thanedar in the Democratic primary for Michigan’s 13th Congressional District. As of Wednesday, McKinney received 51.9% of the vote, compared to Thanedar’s 48.1%. During this primary

Proof of Play, the studio behind the on-chain RPG Pirate Nation, announced on August 5 that it’s shutting down operations and releasing everything it built into the public domain. The app, smart contracts, artwork, NFTs, and full intellectual property are now available under a CC0 license, meaning a

A group of Ethereum contributors has proposed EIP-8361 as a way to reduce staking incentives to ensure that no more than 50% of the supply is locked up by validators.That proposal has triggered a heated debate over whether Ethereum should prioritize lower issuance or maintain staking incentives for

Ajax is treating Barcelona’s roster like a clearance aisle. The Dutch club, already having locked down goalkeeper Marc-André ter Stegen on a season-long loan, is now reportedly pushing to sign at least one more Barcelona attacker as it reshapes its squad for the 2026-27 campaign.The most concrete ta

The US Treasury is sticking with its playbook. On August 5, the department confirmed it will keep auction sizes for nominal interest-bearing securities and floating-rate notes unchanged, extending forward guidance that has been in place since early 2024 through at least mid-2027.The T-bill trade-off

CYS's trading volume over the past 24 hours surged to 44.8 times the 7-day average, with the price rising cumulatively by 156.2%, currently trading at $0.7117 and ranking 8th on AiCoin’s Hot Search List. Significant volume expansion accompanied by price strength typically indicates increased capita

Western Union, in partnership with Rain, has launched Stablecard—a Visa card supporting the USD stablecoin USDPT—that is now available in 37 markets and will expand to over 60 markets by year-end, allowing users to hold U.S. dollar assets and spend them on the Visa network.

Imagine buying a house in a neighborhood where 143% more houses are suddenly listed for sale overnight. That’s roughly the situation facing SpaceX shareholders this Thursday, when 911.5 million shares worth an estimated $101B to $123B become tradable for the first time.It’s the largest single-day st

The ongoing U.S. corporate earnings boom is showing no signs of slowing, with CNBC reporting that the growth continues to gain momentum. This surge in earnings, particularly within the S&P 500, is attributed largely to significant AI-related capital investments by major tech firms. Analysts sugg...

Odaily Planet Daily reports that Western Union has partnered with stablecoin infrastructure provider Rain to launch Stablecard, a digital wallet and Visa-branded card that enables users to hold and spend USD-pegged stablecoins. The product is now available in 37 markets, with Western Union planning

Proof of Play, the studio behind the fully onchain game Pirate Nation, said on Tuesday that it is ceasing operations, telling players it "couldn't build a product and sustainable business that proved out this thesis at scale."The thesis, the studio said, was that "games using blockchain tech had the

Odaily Planet Daily reports that Strategy posted on X: "Our ambition is to become the world's most valuable company—holding the most capitalized Bitcoin (BTC), issuing the strongest credit instrument (STRC), and creating the best stock asset (MSTR)."The strategy indicates that its core consists of t

1alt HD: Cash conference highlights Bitcoin Cash advancements but price action lagsBitcoin Cash [BCH] saw some notable developments recently. At the Cash 3.0 conference between July 31 and August 2, Paytaca demonstrated a self-custodial NFC payment card.The conference featured merchant payment termi