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08-04
Ripple Expands XRP's DeFi Role with RLUSD and XRPL Upgrades
While the market remains choppy, Ripple is making some major strategic moves.Interestingly, Ripple’s focus isn’t limited to just one sector. With back-to-back partnerships since the start of August, the company is clearly building the foundation for XRP’s year-end outlook and a possible early 2027 r
Wells Fargo Launches Tokenized Deposits for Global Business Payments
Wells Fargo launches tokenized deposits for business clients, enabling continuous cross-border payments using digital representations of traditional bank deposits.The platform supports multiple blockchain networks, while planned expansion into additional currencies depends on customer demand and mar
ARK Invest Buys $9.4M in Coinbase and Circle Amid CLARITY Act Uncertainty
Cathie Wood’s ARK Invest quietly pumped roughly $9.4 million into two high-profile crypto stocks on Aug. 3 — buying shares of Coinbase Global and stablecoin issuer Circle Internet Financial as Washington debated the fate of the CLARITY Act.
What ARK bought
- Coinbase: ARK purchased a total of 54,77
Coldcard Issues New Security Alert Over Bitcoin Hack Vulnerability
Hardware wallet manufacturer Coldcard has issued a new high-priority security alert, stating that the cryptographic threat affecting its users is far from over. The company advises all users to move their Bitcoin assets to newly created wallets and generate entirely new recovery words (seed phrases)
OpenUSD Not Meant to Replace USDC, Say Major Investors
Major investors in OpenStandard, the consortium behind the newly launched OpenUSD (OUSD) stablecoin, have clarified that the token is intended to work alongside existing stablecoins like USDC, not displace them. The statement comes amid a notable market reaction that saw Circle’s market capitalizati
Kalshi Partners with Comply to Monitor Institutional Trading Amid $36B NY Lawsuit
Kalshi is beefing up compliance as it pushes deeper into institutional markets — and it’s doing so amid a high-stakes legal battle that could reshape the future of prediction markets in the U.S.
The exchange has struck a partnership with compliance-technology provider Comply to feed Kalshi trading
CFTC Orders George Santos to Repay $17,000 and Pay a $17,500 Fine for Insider Trading
Renato Mariotti stated that the CFTC has ordered George Santos to return $17,000 in profits and pay a $17,500 fine for insider trading on the Kalshi prediction market. Santos had publicly stated he would attend the State of the Union address, then placed a bet on Kalshi that he would not attend. (Co
EdgeConneX Eyes $4B Debt Financing for Texas Data Center Expansion
EdgeConneX is exploring as much as $4 billion in debt financing for a data center project in Texas, according to people familiar with the matter.The financing would support the company’s aggressive expansion in Bastrop County, Texas, where EdgeConneX filed plans in June 2026 for two new data centers
Hyperliquid Burns $1.1M in HYPE Within 24 Hours, Total Burn Value Reaches $2.56B
Odaily Planet Daily reports, according to Onchain Lens monitoring, Hyperliquid burned approximately $1.11 million worth of HYPE in the past 24 hours. During the latest reporting period, $1.16 million in revenue was directed to the Assistance Fund. Historically, a total of 46.22 million HYPE tokens h
Morgan Stanley: Bitcoin's 2% Market Penetration Leaves Room for Growth
One of Wall Street’s most storied institutions just put a number on Bitcoin’s place in the global financial system. And that number is surprisingly small.Morgan Stanley’s Wealth Management division, through its Global Investment Office, published a framework assessing Bitcoin’s long-term return pote
A $20M Options Trade Bets SpaceX Stock Could Triple by Friday
A $20 million options trade pays off only if SpaceX stock nearly triples by Friday. More than 450,000 contracts sit at a $330 strike before Tuesday’s earnings.That price sits almost three times (3x) above where the stock trades now. Options analysts doubt small investors built the position, and poin
US and Japan Coordinate Yen Intervention, Yen Rises 4%
US Treasury Secretary Scott Bessent just confirmed something currency markets haven’t seen in over a decade: a coordinated foreign exchange intervention between the US and Japan to prop up the yen. The move came after the Japanese currency slid to its weakest level against the dollar in 40 years, an
Euro Stablecoins Expand to 20 Blockchains, Ethereum Dominates with 69.5%
The euro has quietly been colonizing the blockchain world. Euro-denominated stablecoins now operate across 20 different networks, with Ethereum hosting roughly 69.5% of the total supply. That’s a footprint that would have seemed absurd just two years ago, when the entire euro stablecoin market was w
GPU Rental Prices Double in Seven Months Amid AI Demand Surge
The price of renting a GPU just doubled. Gavin Baker, CIO of Atreides Management, flagged that spot rental prices for the same GPU cluster jumped from just under $2 per hour to nearly $4 over a seven-month stretch, with the observation landing on August 4, 2026.The numbers behind the squeezeSpot GPU
HYPE ETFs Record $29.8M Outflows Over 12 Days as Investor Inflows Dry Up
Hyperliquid's HYPE ETFs went 12 trading sessions without a single inflow from July 17 through Aug. 3, 2026, recording $29.8 million in reported net outflows. The drought counted nine negative sessions and three flat ones.According to Farside Investors, BHYP absorbed $22.5 million of the outflows, fa
