Perspective: DeFi is Losing the Plot

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Everyone in DeFi is talking about the “Earn” Wars. Robinhood, Coinbase, Revolut, and Kraken are competing for retail balances. Protocols like Aave, Morpho, and Ethena are competing to be the borrowing strategy. Vault providers are competing to package it, and strategists like Steakhouse, Gauntlet, Sentora,… Read More

 

 




UK AI Security Institute Test Sees AI Agents Pursue Multiple Unsanctioned Actions, Mostly by Anthropic Mythos

A UK AI Security Institute (IASI) report shares that an AI test using various agents ended up in19 unsanctioned actions against real people and organizations. The models tested are not publicly available. The report was published yesterday and involved a test last month. IASI says… Read More

BitMart Faces Scrutiny from Scandic Coin Over Prolonged SNC and USDT Withdrawal Delays

Cryptocurrency project Scandic Coin (SNC) has issued a formal public demand for answers from the exchange BitMart regarding three long-pending withdrawal requests that remain unresolved. The requests, submitted from an approved institutional account, involve substantial amounts of USDT and SNC tokens that have stayed in… Read More

Down to the Wire: Time Runs Short on the CLARITY Act Vote in the Senate

The Senate is scheduled to go into recess at the end of business this Friday, leaving only a couple of days for the CLARITY Act to reach a floor vote. While a growing number of Americans hold crypto and there is an obvious need to… Read More

Cloudflare Integrates AI, Wallet and Stablecoins

Cloudflare (NYSE:NET), the internet infrastructure platform that just about everyone in the world uses, says it has integrated artificial intelligence (AI) agents, digital wallets, and the ability to use stablecoins. Cloudflare Wallets will enable agentic commerce in a secure environment. Cloudflare Wallets and Cloudflare.pay aim… Read More

Xapo Bank Reports Clients are Buying Bitcoin but Q2 Activity Has Slowed

In a challenging market for the world’s most popular crypto, Xapo Bank reports that its clients are buying more Bitcoin. According to a note from the bank, data from Q2 2026 (79%) shows an increase in the amount of Bitcoin held in accounts during the… Read More

Crypto Adoption Will Advance Regardless of the CLARITY Act Outcome According to Bitwise CIO

As the US Senate approaches its summer recess, attention remains fixed on the fate of the CLARITY Act, a major piece of digital asset market structure legislation. Bitwise Chief Investment Officer Matt Hougan has offered a measured perspective: while passage would represent the ideal outcome… Read More

Wells Fargo Plans Launch of Tokenized Deposits for Corporate Clients

Wells Fargo (NYSE: WFC) is preparing to introduce tokenized deposits for its corporate and commercial customers later this year, marking another major bank’s move into blockchain technology for payments and settlements. The initiative aims to modernize how businesses handle funds while remaining firmly within the… Read More

Fairshake Crypto PAC Backs Victorious Primary Candidates in Michigan and Washington

Candidates supported by the cryptocurrency industry’s political action committee network advanced through key party primaries in Michigan and Washington on Tuesday, according to results reported by the Associated Press. Affiliates of Fairshake provided hundreds of thousands of dollars in independent expenditures to several of the… Read More

NetCapital at Risk of Being Delisted from NASDAQ

NetCapital, an online capital formation platform transitioning “from a transaction-based capital formation marketplace into a comprehensive, data-driven capital markets infrastructure platform,” is at risk of losing its Nasdaq listing. According to a statement issued by Netcapital at the end of July, a pending rule for firms with… Read More

Ethereum (ETH) Research Teams Suggest Burning Validator Rewards to Limit Staking to 50% of Supply

A group of Ethereum researchers has put forward a draft proposal designed to reshape the network’s staking economics by progressively destroying a share of the rewards paid to validators. Known as the Tapered Issuance Burn and provisionally designated EIP-8361, the idea aims to remove the… Read More




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Pump.fun Reportedly Laid Off Staff Shortly Before PUMP Token Vesting Dates

Pump.fun, the Solana-based platform that allows users to quickly launch meme coins, has come under scrutiny following reports that it terminated employees just weeks or months before their company token grants were set to begin unlocking. An investigation by Sandmark, drawing on internal documents, emails,… Read More

BlackRock Plans Reverse Share Split for Spot Ethereum ETF

BlackRock (NYSE:BLK) is preparing to restructure the share structure of its flagship spot Ethereum exchange-traded fund through a one-for-three reverse share split. The adjustment, approved by the fund’s sponsor, is scheduled to take effect in early October and aims to recalibrate the product’s trading dynamics… Read More

CFTC Orders UBS Financial Services to Pay $8 Million Over Shortcomings in Anti-Money Laundering Oversight

On August 3, 2026, the Commodity Futures Trading Commission (CFTC) announced that it had filed and settled charges against UBS Financial Services Inc. (NYSE:UBS), a registered futures commission merchant. The action centered on the firm’s failure to properly oversee the setup and functioning of systems used… Read More

Bahrain based Fintech Infinios Activates Live Stablecoin Settlement with Mastercard

Bahrain-based fintech Infinios has launched operational stablecoin settlement services in partnership with Mastercard (NYSE:MA), reportedly becoming the first issuer in the Kingdom of Bahrain to do so. The move enables the use of regulated stable digital currencies for settlement processes and positions Bahrain more strongly as… Read More

Google Pay Introduces Gemini enabled AI Tool for Users in India

Google, part of Alphabet (NASDAQ:GOOG), has introduced a significant enhancement to its popular digital payments platform in India by incorporating advanced artificial intelligence capabilities directly into the Google Pay application. This development, aimed exclusively at consumers based in the country, centers on a new conversational tool… Read More

Sea’s MariBank Plans Digital Banking Expansion from Singapore Hub

A unit of one of Southeast Asia’s largest technology groups is exploring the development of a broader regional digital banking network, with Singapore serving as its operational and strategic base. MariBank, the digital banking arm of Sea Limited, is positioning the city-state as a launchpad… Read More

Kingscrowd Expands Into Europe

Kingscrowd, a securities crowdfunding intelligence platform, is expanding into the European market. According to an email distributed by the company, it has partnered with Over Ventures, a European investment crowdfunding advisory firm based in Italy, to launch services and further scale its data platform. Over… Read More

Iran Linked Crypto Platform Shelbit Reportedly Routed Hundreds of Millions to Binance Amid Sanctions Concerns

A Dubai-based cryptocurrency platform with ties to Iranian interests has been reported to have transferred substantial digital assets to Binance, raising questions about potential efforts to circumvent international financial restrictions. According to a detailed investigation, the unlicensed exchange known as Shelbit, operated by Iranian expatriate… Read More

Decentralized L3 Infrastructure focused Orbs Launches Community Vote on Establishing DAO Governance Framework

Orbs, a decentralized Layer-3 infrastructure project focused on advanced on-chain trading and DeFi capabilities, has opened its first formal community governance proposal, known as OIP-9. The proposal seeks community approval to formally create the Orbs DAO and define its starting governance structure, marking a key… Read More

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