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07-24

The U.S. Senate May Not Pass the CLARITY Act Before the Summer Recess

BlockBeats report: On July 24, U.S. Senate Majority Leader John Thune stated that the CLARITY Act may not be finalized before the summer recess, but he hopes to at least initiate full chamber consideration before the break. The industry had previously viewed August 7 as a critical window for the bil

Memecoin.Fun Completes $3.5M Series A Funding

PANews, July 24: According to CryptoRank data, Memecoin.Fun, a token issuance and memecoin launchpad platform, announced the completion of a $3.5 million Series A funding round with a valuation of approximately $5 million. The round was led by Becker Ventures, with participation from BitValue Capita

World Network Secures $52.5M in Funding to Combat AI Deepfakes

The World Foundation,the independent, nonprofit steward of the protocol, raised $52.5 million in a new funding round through a locked token sale to strategic investors to expand its digital verification infrastructure as artificial intelligence (AI) disrupts online ecosystems, the organization annou

World Foundation Completes $52.5M Token Sale Led by Pantera Capital

Odaily Planet Daily reports that the World Foundation has completed a $52.5 million funding round through the strategic sale of WLD tokens, led by Pantera Capital, with participation from Bain Capital Crypto, Eightco Holdings, Selini Capital, Susquehanna Crypto, and others. The World Foundation is t

AI Trading Divergence Worsens: Top U.S. Capital Spending Firms Near Zero Correlation with SOX

Kobeissi Letter stated that data shows a clear divergence in AI-themed trading. The 30-day correlation between the largest U.S. capital expenditure companies and the Philadelphia Semiconductor Index (SOX) has approached zero, reaching its lowest level in at least 4.5 years, a significant decline fro

World Foundation Completes $52.5M WLD Token Strategic Sale, Led by Pantera Capital

ChainThink reports that on July 24, according to official announcements, the World Foundation, the nonprofit organization behind the World protocol, completed a strategic sale of 52.5 million WLD tokens, with all sold tokens locked up for one year.Led by Pantera Capital, with participation from Bain

U.S. Senate Has Less Than Two Weeks to Pass CLARITY Act

The CLARITY Act is potentially entering the final stretch.It is important for the Senate to hold a vote within two weeks, before the summer recess.Ethics amendments have become the bill’s main obstacle.The U.S. Senate has less than two weeks to pass the CLARITY bill before Congress’ August recess be

World Foundation Raises $52.5M via WLD Token Sale to Expand World ID

According to ChainCatcher, citing The Block, the World Foundation, the entity behind the World project, raised $52.5 million through a strategic sale of WLD tokens, with all tokens locked up for one year. The initial tranche of this offering was led by Pantera Capital, with participation from Bain C

World Foundation Raises $52.5M via Token Sale, Led by Pantera Capital

BlockBeats news, on July 24, the World Foundation, the nonprofit organization behind the World protocol, announced that it has raised $52.5 million in new funding through a strategic sale of WLD tokens, with all tokens to be locked for one year.The initial token sale round was led by Pantera Capital

U.S. July S&P Global Manufacturing PMI Preliminary Reading at 53.8, Below Expectations

The U.S. S&P Global Manufacturing PMI preliminary reading for July was 53.8, compared to an expectation of 54.3 and a prior value of 53.9; the U.S. S&P Global Services PMI preliminary reading for July was 53.6, compared to an expectation of 51.5 and a prior value of 51.2; the U.S. S&P Global Composi

Charles Edwards: Bitcoin's Quantum Roadmap Could Reduce Risk Discount

Bitcoin’s quantum-computing threat is once again taking center stage among market watchers, with Capriole Investments founder Charles Edwards arguing that developers could quickly relieve a major uncertainty if they publicly set out a practical roadmap for quantum-resistant upgrades.In an interview

LMAX Considers Strategic Options Including Sale, SPAC Merger, or IPO

According to Huoxing Finance, institutional trading platform LMAX is collaborating with advisors Morgan Stanley and KBW, the investment banking arm of Stifel, to evaluate strategic alternatives. Sources familiar with the matter say potential options include a possible sale, a SPAC merger, or an IPO.

Philadelphia Semiconductor Index Falls 2% as Major Chip Stocks Decline

The U.S. stock market's Philadelphia Semiconductor Index fell 2% to 12,093.96. NVIDIA declined 0.77%, TSMC dropped 1.48%, Broadcom fell 2.38%, SK Hynix slid 5.42%, Micron Technology decreased 4.43%, AMD declined 0.92%, ASML fell 1.42%, Intel dropped 2.92%, Lam Research declined 1.51%, ARM fell 1.66%

Bitcoin Struggles to Break $68,000 as 3.55M BTC Cluster Adds Resistance

Bitcoin’s advance is running into heavy resistance near $68,000 as 3.55 million BTC approach their holders’ cost basis, creating a supply wall that is offsetting strong spot bitcoin ETF demand.Key TakeawaysA cluster of 3.55 million BTC has cost bases concentrated around $68,000.Bitfinex says ETF inf

Samsung and SK Hynix to Announce Major US Tech Deals During South Korean President's Visit

South Korea is bringing its A-game to Silicon Valley. Samsung Electronics and SK Hynix are set to unveil large-scale supply agreements with US technology companies during President Lee Jae Myung’s visit starting July 25, 2026, according to presidential policy chief Kim Yong-beom.The deals center on

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