Today's Crypto and Bitcoin News
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08-04
Senator Jon Husted Backs CLARITY Act to Clarify Crypto Regulation
Senator Jon Husted wants Washington to stop treating crypto regulation like a perpetual homework assignment that never gets turned in. The Ohio Republican publicly endorsed the Digital Asset Market Clarity Act on July 28, pushing for the Senate to take up a bill that would finally draw clear jurisdi
Chain on the U.S. Treasury market reaches $16.2 billion as investors use DeFi to enhance returns.
ChainCatcher reports that market research firm The Kobeissi Letter states investors are accelerating their allocation to tokenized U.S. Treasuries, driving continued growth in the on-chain Treasury market. Data shows the total market capitalization of on-chain U.S. Treasury funds has reached a new a
New Evidence Links Coinkite CTO to Ignored RNG Code Warning Before BTC Theft
Odaily Planet Daily report: New evidence suggests that the anonymous switck account that wrote the LibNgU code may actually be Peter Gray, co-founder and CTO of Coinkite, whose code lies at the heart of the COLDCARD entropy failure incident. Researchers state that Gray’s GPG key signed dozens of swi
Bitcoin's $63,000 level becomes key support and accumulation zone
According to ChainCatcher, data from Glassnode indicates that the $63,000 level has emerged as a critical support zone and a key battleground between bulls and bears in the current Bitcoin (BTC) market. Over the past several weeks, Bitcoin has consistently traded within the $60,000–$67,000 range, wi
Crypto liquidations reach $153M in 24 hours, short positions hit hardest
According to CoinGlass data, the total cryptocurrency market liquidations over the past 24 hours reached $153 million, with long positions liquidated for $55.168 million and short positions liquidated for $97.39 million, affecting a total of 59,170 traders.
BTC liquidations amounted to approximate
Ethereum infrastructure firm Blockspace completes funding round led by BlueYard
ME News reports that on August 4 (UTC+8), Ethereum infrastructure company Blockspace completed a new funding round, with the amount undisclosed. The round was led by BlueYard, with participation from ether.fi Ventures, Quasar Builder, Sharplink, Breed VC, Luganodes, and Stakely. Blockspace aims to i
Hut 8 Q2 Revenue Doubles but Shares Drop 5% Amid $177M Net Loss and 8,375 MW AI Data Center Pipeline
Hut 8 reported $74.9 million in revenue for Q2 2026, nearly doubling its $41.3 million result from the same period a year ago. Instead, shares fell roughly 5% after the company also reported a $177.1 million net loss for the quarter.The gap between the revenue headline and the market reaction is mos
Anthropic Agrees $10 Billion Compute Deal with Volta and Bitdeer
Anthropic has reportedly agreed to spend $10 billion on computing capacity supplied by AI infrastructure startup Volta Infra and Bitcoin mining company Bitdeer Technologies.The six year contract gives the Claude developer access to a data center in Norway operated by Bitdeer, according to Bloomberg,
Ethereum community proposes EIP-8361 to cap ETH staking ratio at 50%
The Ethereum community has submitted EIP-8361 to adjust ETH issuance through a declining issuance and burn mechanism, aiming to keep the staking rate below 50%. The proposal notes that ETH’s staking ratio exceeded one-third of the total supply in April 2026. This mechanism burns a portion of validat
NVIDIA Launches Alpamayo 2 Super to Accelerate Autonomous Driving AI
Odaily Planet Daily report: NVIDIA CEO Jensen Huang announced on X the launch of Alpamayo 2 Super, a cutting-edge open reasoning model designed for autonomous driving, stating that the next phase of AI development will expand from software intelligence into robotics, with autonomous vehicles serving
DDN and Nvidia Collaborate to Enable GPU-Initiated Data Access for AI
Here’s a dirty secret about AI infrastructure: some of the most expensive hardware on the planet spends a surprising amount of time doing absolutely nothing. GPUs, the workhorses of modern AI training and inference, frequently sit idle while waiting for data to arrive from storage systems. DDN and N
Five Convicted in East London Torture Case of French Crypto Millionaires
Five men convicted after two French crypto millionaires were held and tortured in East London
Five men have been convicted in connection with the abduction, blackmail and 52-hour false imprisonment of two French cryptocurrency holders who were held in an East London flat last July, a case prosecuto
Galaxy: Coldcard RNG Bug Drains ≥1,596 BTC, Losses Could Reach ~$130M
Galaxy Research now says the Coldcard hardware-wallet bug has already cost users at least 1,596 BTC — and that total could swell to about 2,055 BTC (roughly $130 million) if a suspected fourth wave of thefts is confirmed.
In a post on X, Galaxy said it has traced 1,596 BTC stolen from roughly 7,300
Bitcoin's 2017, 2021 Macro Signal Returns Amid Strong PMI Data
History has a way of repeating itself, and right now, that’s exactly what the market seems to be pricing in. Of course, there’s no guarantee that past events will play out the same way again. But in trading, investors often look at historical patterns and previous cycles to guide their decisions. Th
CFPB Slows Enforcement Amid Budget Cuts and Staffing Challenges
The Consumer Financial Protection Bureau, once one of Washington’s most aggressive regulatory bodies, is telling its employees to pump the brakes. The agency’s leadership warned staff about potential negative consequences if they target financial firms too aggressively, a signal that the CFPB’s enfo
