Today's Crypto and Bitcoin News

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08-03

Crypto market sees $251M in liquidations over 24 hours

According to CoinGlass data, the total cryptocurrency market liquidations over the past 24 hours reached $251 million, with $112 million in long liquidations and $139 million in short liquidations, affecting 67,262 individuals. BTC liquidations amounted to approximately $79.58 million, while ETH l

Apple Sues OpenAI and Ex-Employees Over Trade Secrets, Valuation Prospects Deteriorate

Apple has filed a lawsuit against OpenAI and two former Apple employees, alleging the misappropriation of trade secrets related to Apple’s hardware and supplier information. The lawsuit, filed in the U.S. District Court in Northern California, accuses OpenAI of leveraging confidential Apple data to

AI security firm Zenity raises $125M in Series C led by Norwest

Huo Xing Cai Jing reports that Israeli cybersecurity startup Zenity has announced the completion of a $125 million Series C funding round led by Norwest, with participation from SoftBank Vision Fund 2, Hitachi Ventures, and LG Technology Ventures. The funds will be used to expand into the Asia-Pacif

Ripple Invests in ZILO and Licuido to Expand XRPL Institutional Capabilities

Ripple has quietly expanded its XRPL capital-markets push, announcing strategic investments in two UK firms—ZILO and Licuido—on Aug. 3. The deals are designed to beef up Ripple’s institutional stack on the XRP Ledger with transfer-agency services, token issuance, trading capabilities and tools to mo

BTC drops to $62,600 as spot demand weakens, but long-term holders remain resilient

Huoxing Finance reports that Glassnode’s “BTC Market Pulse: Week 32” indicates Bitcoin has recently retraced to approximately $62,600, with weak spot demand and rising defensive sentiment in the derivatives market, yet on-chain activity has strengthened, long-term holder confidence remains firm, and

BlackRock BRSRV Prospectus Confirms Support for Ethereum, Tempo, and Solana

ME News reports that on August 3 (UTC+8), according to the prospectus of BlackRock’s Daily Reinvestment Stablecoin Reserve Vehicle (BRSRV), the fund’s OnChain Shares currently support Ethereum, Tempo, and Solana, with potential future inclusion of other approved networks. The minimum initial investm

SpaceX to Release Post-IPO Q2 Earnings; Market Focus on AI and Share Lock-Up Expiry

SpaceX will release its first quarterly earnings report since going public after U.S. markets close on Tuesday, with investors closely evaluating performance in rocket launches, Starlink, and AI infrastructure businesses. SpaceX’s stock previously reached a high of $201.80, with a market capitalizat

Cardano Price Surges 12% Weekly as Whales Accumulate 14.5B ADA

Key Insights:Cardano price gained nearly 12% as whales accumulated 240 million ADA.Rising futures activity supports a breakout in ADA price above the $0.181 level.Holding $0.181 could keep the next resistance target near $0.20 active.The Cardano price strengthened this week after large holders added

UBS Downgrades NXP Amid China Automotive Slowdown and Limited AI Exposure

UBS cut its rating on NXP Semiconductors from Buy to Neutral on August 3, slashing the 12-month price target from $305 to $270. The reason boils down to two converging headwinds: a looming inventory correction in China’s automotive sector and NXP’s relatively thin exposure to the AI infrastructure b

Coldcard Hardware Wallet Vulnerability Drains 1,367 BTC Worth $89M

A vulnerability in Coldcard hardware wallets has led to the theft of approximately 1,367 BTC, worth around $89 million, from over 4,500 addresses since coordinated attacks began on July 30. The bug, quietly sitting in firmware since March 2021, weakened the randomness used to generate wallet seeds s

Fireblocks Report Shows European and UK Institutions Prefer Full-Stack Crypto Infrastructure

European banks and financial institutions are done shopping for crypto infrastructure one piece at a time. They want the whole thing, built by one provider, under one roof.That’s the core finding from Fireblocks’ latest report, “The Financial Grid Europe + UK,” published on May 13. The survey reveal

Palantir Q2 Earnings Beat Expected, Stock Could Move 11%

Palantir Technologies Inc. (PLTR) reports its second-quarter results after the US market closes on Monday. Wall Street expects revenue of about $1.81 billion and adjusted profit near 34 cents a share.Palantir usually does better than that. Its own record points to roughly $1.9 billion. Yet options t

ETHGas Rises 12% as Trading Volume Surges 218%

ETHGas [GWEI] may finally be finding its footing after weeks of relentless selling.The token’s price has climbed 12% over the past 24 hours, marking its strongest recovery since breaking below its previous all-time low on the 21st of July.While one day’s rally does not confirm a trend reversal, impr

3 Altcoins to Watch as Crypto Market Turns Bullish

Arbitrum records strong network growth despite continued token dilution and price weakness.Ethena gains institutional backing with potential revenue-sharing benefits for ENA holders.Ethereum tests critical support while oversold conditions hint at a possible recovery.The crypto market has started sh

AI security startup Zenity completes $125 million Series C financing.

Odaily Planet Daily reports: Israeli AI security startup Zenity has completed a $125 million Series C funding round, betting on the new security risks arising from enterprise deployment of AI agents. The round was led by Norwest Venture Partners, with participation from SoftBank Vision Fund 2, Hitac

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