August 3, 2026 @ 11:44 am By JD Alois  |  

The EU Commission’s AI Act transparency requirements went into force on 2nd August, 2026. The European Commission’s AI Office, together with national authorities, will begin enforcing the new rules. Under the rules, AI systems including chatbots must tell users they are dealing with AI. Images,… Read More

August 3, 2026 @ 11:22 am By JD Alois  |  

The US Senate is scheduled to convene at 3 PM today. The upper house of Congress will be in session this week, but the summer recess will kick in at the end of the week, with Senators not scheduled to return until September 14th. As… Read More

August 3, 2026 @ 8:18 am By Omar Faridi  |  

Following a significant security incident involving Coldcard hardware wallets, Binance founder Changpeng Zhao (CZ) has advised crypto holders to consider spreading their assets across multiple wallets. The event underscores that even reputable offline storage solutions are not immune to flaws and highlights the ongoing challenges… Read More

August 3, 2026 @ 8:15 am By Omar Faridi  |  

Michael Coates, the newly appointed chief information security officer at the Solana Foundation, has raised alarms about how artificial intelligence is transforming cryptocurrency-related fraud into something far more convincing and harder to detect. In a recent interview, Coates stressed that the industry’s most pressing risks… Read More

August 3, 2026 @ 6:12 am By Omar Faridi  |  

Chime (NASDAQ: CHYM), the consumer-focused fintech firm, has announced plans to reduce its staff by approximately 10 percent. The decision will impact nearly 150 employees at a company that employed about 1,500 people at the close of the previous year. Leadership at the Fintech firm has… Read More

August 3, 2026 @ 5:22 am By Omar Faridi  |  

Shares of Sezzle Inc. (NASDAQ: SEZL), the buy-now-pay-later (BNPL) fintech platform, have shown signs of technical recovery after a period of consolidation. The stock has recently moved back toward its 10-week moving average, following a steady year-to-date advance of approximately 144% in 2026. This performance… Read More

August 3, 2026 @ 5:16 am By Omar Faridi  |  

A critical vulnerability in certain Coldcard hardware wallets has led to substantial Bitcoin losses, with researchers tracking approximately 1,367 BTC drained from more than 4,500 addresses. The estimated value of the stolen funds has climbed toward $90 million as of early August 2026, according to… Read More

August 3, 2026 @ 1:20 am By Omar Faridi  |  

A recent analysis from JPMorgan (NYSE:JPM) has highlighted that the reduced likelihood of key US cryptocurrency market structure legislation advancing this year could exert downward pressure on the sector’s broader prospects. Analysts at the bank, led by managing director Nikolaos Panigirtzoglou, noted in a midweek… Read More

August 3, 2026 @ 1:02 am By Omar Faridi  |  

Wallets linked to Trump Media and Technology Group (NASDAQ: DJT), the operator of Truth Social, recently relocated a significant volume of bitcoin. On-chain records document two transactions totaling 2,628 BTC, valued at roughly $165 million at prevailing bitcoin prices near $63,000, sent to Crypto.com addresses… Read More

August 3, 2026 @ 12:10 am By Omar Faridi  |  

As August 2026 gets underway, Bitcoin and major cryptocurrencies have faced renewed downside pressure after a cooling in artificial intelligence and semiconductor shares. The episode illustrates the frequent correlation between these speculative segments of the market and points to broader fragility in risk assets that… Read More

August 2, 2026 @ 9:34 pm By Tony Zerucha  |  

Freehand lands $75M for AI agents Freehand’s AI agents manage supply-chain spend for Fortune 500 enterprises. The round was co-led by Battery Ventures and NewRoad Capital Partners, with participation from former U.S. Commerce Secretary Penny Pritzker’s venture capital PSP Growth, Nexus Venture Partners and others…. Read More

August 2, 2026 @ 9:32 pm By Omar Faridi  |  

Former US Representative George Santos has agreed to pay more than $35,000 to resolve allegations by the Commodity Futures Trading Commission (CFTC) that he engaged in manipulative trading on the prediction market platform Kalshi. The case centered on event contracts concerning whether he would attend… Read More

August 2, 2026 @ 7:38 pm By Michael Wong  |  

Singapore-based investment firm GMA Capital Partners and ACMF Group have launched a fund that will provide up to 7 billion baht, or about $207 million, in structured financing to companies listed on the Stock Exchange of Thailand and their principal shareholders. The Thai SET Fund… Read More

August 2, 2026 @ 6:01 pm By Michael Wong  |  

Total deposits held with Hong Kong’s authorized institutions rose 0.1% in June from the previous month, as growth in Hong Kong dollar deposits offset a decline in foreign currency deposits, while bank lending continued to strengthen, official data showed. Figures released by the Hong Kong… Read More

August 2, 2026 @ 5:33 pm By Michael Wong  |  

The Monetary Authority of Singapore (MAS) and the Association of Banks in Singapore (ABS) have launched an industry-wide taskforce to strengthen the financial sector’s cyber and technology resilience against threats posed by frontier artificial intelligence (AI) models. The AI-Driven Cyber and Technology Risk Taskforce (ACT),… Read More

August 2, 2026 @ 5:25 pm By Omar Faridi  |  

The XRP Ledger is advancing toward its next core software release, xrpld version 3.3.0, expected in the coming week. This update will place five proposed amendments before network validators, expanding support for tokenized assets, institutional operations, privacy protections, and more flexible transaction handling. Two of… Read More

August 2, 2026 @ 5:23 pm By Omar Faridi  |  

Elliptic has pointed out that A7A5 emerged as a specialized digital asset designed to help Russian firms navigate international restrictions. Pegged to the ruble and launched in early 2025 by entities tied to sanctioned Russian interests, including a state-linked bank and a controversial figure with… Read More

August 2, 2026 @ 5:20 pm By Omar Faridi  |  

Strategy (NASDAQ:MSTR), the Bitcoin treasury company led by Executive Chairman Michael Saylor, has confirmed it will keep the annual dividend rate on its Variable Rate Series A Perpetual Stretch Preferred Stock (STRC) steady at 12% for the August period. This decision comes even as the… Read More

August 2, 2026 @ 4:26 pm By Omar Faridi  |  

Blockchain security firm CertiK has noted that on July 23, 2026, an attacker successfully targeted the Ethereum cross-chain bridge of the Verus Protocol, extracting roughly $7.44 million in assets that included ETH, tBTC, various stablecoins, and MKR. The exploit hinged on a fundamental difference in… Read More