Today's Crypto and Bitcoin News

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08-04

Michael Burry Exits Microsoft and Oracle, Rolls AI-Related Short Positions

Michael Burry, the investor who became a household name by predicting the 2008 housing collapse, just made his latest portfolio moves public. And they paint a picture of someone who thinks the AI trade still has a painful reckoning ahead.Burry disclosed that he has fully exited his long positions in

Denver Bitcoin Destroys ColdCard Q to Protest Firmware Vulnerability

Hardware wallets are supposed to be the gold standard of Bitcoin security. The whole pitch is simple: keep your keys offline, away from hackers, away from exchanges, away from anything that could go wrong. So when a firmware flaw undermines that promise, the community tends to notice. When someone r

Zerocap Scales Derivatives Trading to Tens of Millions Using Fireblocks' Off Exchange Custody

Zerocap, a regulated Australian market maker and liquidity provider, has dramatically scaled its derivatives trading operation by migrating collateral to Fireblocks’ Off Exchange custody solution. The move allowed Zerocap to grow its Deribit trading book from a value measured in the millions to one

SpaceX Reports $100B Cash and $48B Backlog Amid $15.8B AI Spending in Q2 2026

SpaceX is heading into its first-ever quarterly earnings report with the kind of balance sheet that makes even the most skeptical analyst pause. The company’s CFO has disclosed a $100 billion cash reserve and a $47.5 billion backlog heading into Q2, numbers that would look healthy for a company that

Kalshi's Stephen Curry Next-Team Market Hits $4M in Volume

A prediction market asking where Stephen Curry will play next has already attracted $4 million in trading volume on Kalshi, the CFTC-regulated event contract platform. Current odds price the likelihood of Curry staying with the Golden State Warriors or retiring somewhere between 84% and 94%.The mark

US and UK Strengthen Digital Asset Regulatory Cooperation, Focus on Stablecoin Policies and Cross-Border Payments

According to Cointelegraph, the United States and the United Kingdom reaffirmed their commitment to enhancing regulatory cooperation on digital assets during the 13th Financial Regulatory Working Group meeting on July 8, with key discussions on the implementation of the GENIUS Act, the regulatory fr

Intesa Sanpaolo Cuts IBIT by 94%, Triples Stake in BlackRock’s Staked-ETH ETF

Italy’s biggest bank, Intesa Sanpaolo, dramatically reshuffled its crypto ETF exposures in Q2, slashing its holding in BlackRock’s iShares Bitcoin Trust (IBIT) while substantially increasing its stake in BlackRock’s newly launched iShares Staked Ethereum Trust (ETHB), according to the lender’s lates

LINK Exchange Outflows Spike to 1.26M Amid Supply Tightening and Institutional Adoption

Exchange-held LINK supply just experienced its deepest single-day contraction in over a month. On-chain data shows 1.26 million LINK moved off exchanges in 24 hours, according to a market note from Santiment. It is the largest net outflow since June 29, and it arrives at a moment when Chainlink’s in

India Includes Crypto and CBDCs in FATCA/CRS Reporting, Tightens Scrutiny on $1M+ Accounts

Headline: India brings crypto, CBDCs and digital money into international tax-reporting rules India’s tax authority has widened its global reporting net to bring specified crypto-assets, central bank digital currencies (CBDCs) and other digital money products under FATCA and Common Reporting Standa

Bitcoin BIP-110 Supporters Prepare Last Resort Plan to Alter Mining Network

As discussions continue on the Bitcoin network regarding the BIP-110 proposal, its supporters have begun preparing a remarkable contingency plan that could be activated if miners block the update’s activation.Bitcoin developer Chris Guida announced that he has repurposed the proof-of-work code, orig

AMD Earnings Beat Estimates, Stock Drops 8% in After-Hours Trading

Advanced Micro Devices (AMD) reported earnings that beat Wall Street on revenue, profit, and operating margin. The stock then lost 8% in after-hours trading on Tuesday.The chipmaker posted record revenue of $11.54 billion and guided third-quarter sales to roughly $13 billion. Investors sold anyway,

Chris Guida Rebases 2017 Proof-of-Work Hard Fork Code for Bitcoin Knots as Miner Contingency Plan

Bitcoin’s governance debates have a long history of producing contingency plans that everyone hopes never get used. The latest entry: developer Chris Guida has rebased Luke Dashjr’s 2017 proof-of-work hard fork code onto the current version of Bitcoin Knots, positioning it as a ready-to-deploy emerg

AMD Earnings Beat Estimates, Stock Drops Amid AI Infrastructure Shift

AMD just delivered a quarter that most companies would frame and hang on the wall. Revenue hit $10.3 billion, up 38% year-over-year. Earnings per share came in at $1.37, beating consensus estimates by roughly 9-10%. The data-center segment surged 57% year-over-year to $5.8 billion in sales.And the s

Dollar Index falls 0.04% to 99.858 on August 4

ChainCatcher report, according to Jin10, the U.S. Dollar Index, which measures the dollar against six major currencies, fell 0.04% on August 4, closing at 99.858 in late forex trading. One euro exchanged for $1.1533, up from $1.1514 in the previous trading session; one British pound exchanged for $1

AI Drives 55% of Cybercrime in Africa, INTERPOL Report Reveals

Artificial intelligence has officially crossed a threshold that security experts have been warning about for years. More than half of all reported cybercrimes across Africa now involve AI in some capacity, according to a new INTERPOL assessment that paints a stark picture of how quickly the technolo

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