Omar Faridi

State Attorneys General Challenge CFTC Authority Over Sports Prediction Markets

A bipartisan alliance of attorneys general from 44 states has formally challenged the Commodity Futures Trading Commission’s (CFTC) efforts to oversee sports-linked prediction markets, asserting that the agency possesses no legal power to do so. In a detailed comment letter submitted as the public feedback… Read More

Privacy focused Zcash (ZEC) Launches Ironwood Upgrade following Orchard Security Vulnerability

Privacy-focused Zcash has activated its Ironwood network upgrade, introducing a new shielded pool in response to a soundness flaw previously identified in the Orchard protocol. The upgrade, formally designated NU6.3, went live on July 28, 2026, at block height 3,428,143. It establishes a fresh shielded… Read More

Morgan Stanley Unveils Lowest-Cost Ethereum (ETH) and Solana (SOL) ETFs

Morgan Stanley Investment Management (NYSE:MS) has expanded its digital asset offerings by introducing two new exchange-traded products focused on Ethereum and Solana. The Morgan Stanley Ethereum Trust, trading as MSSE on NYSE Arca, and the Morgan Stanley Solana Trust, under the ticker MSOL, began trading… Read More

Bitcoin (BTC) Spot Trading Volume on Course for Weakest Month Since Nearly 2 Years

Bitcoin’s trading activity has entered a notably subdued phase this summer, with recent analysis from research firm K33 indicating that July is shaping up as the weakest month for spot volume in the leading cryptocurrency since the closing stretch of 2023. According to the firm’s… Read More

AI Adoption Emerges as Key Factor Behind Rising Enterprise Cybersecurity Spending

A new global survey highlights how the rapid integration of artificial intelligence is reshaping corporate priorities around information security funding. According to findings released by Kaspersky’s Internal Research Center, 41 percent of enterprises now cite AI adoption as the primary reason for increasing their IT… Read More

Emirates Rolls Out Cryptocurrency Payment Option via Crypto.com Pay

Emirates has activated a new digital payment pathway that lets qualifying customers settle flight bookings with cryptocurrency via Crypto.com Pay. The feature is now live on the airline’s website and mobile application, giving travellers an additional method beyond traditional cards and transfers. The service is… Read More

Ionic Digital Shares Jump on Nasdaq Debut after Converting Celsius Bitcoin Mining Assets into AI Infrastructure

Ionic Digital (NASDAQ: IOND) shares rose substantially on their first day of public trading on the Nasdaq, as investors responded positively to the company’s conversion of assets originally acquired from Celsius Network’s bitcoin mining operations into long-term infrastructure supporting artificial intelligence and high-performance computing. Under… Read More

ARK Invest Adds $12 Million to SpaceX Position While Offloading in Sigfnificant Shares Block, Bullish, Robinhood

Cathie Wood’s ARK Invest continued adjusting its exchange-traded fund portfolios on Tuesday by increasing its stake in SpaceX (NASDAQ:SPCX)  while reducing exposure to several other companies. The firm’s official daily trading disclosures show that its funds collectively purchased 105,108 shares of SpaceX, a transaction valued… Read More

AI Trading Agents May Outperform Human Traders Soon According to Blockchain Industry Exec

Alex Svanevik, chief executive of the blockchain analytics firm Nansen, has predicted that AI trading agents will surpass human traders in both numbers and effectiveness within about two years. The forecast underpins a significant strategic redesign at the company he co-founded, as it transitions from… Read More

Anthropic Claims Claude Identifiied Certain Vulnerabilities in Cryptographic Algorithms

Anthropic has announced that its advanced AI model, Claude Mythos Preview, has uncovered novel mathematical weaknesses in certain cryptographic algorithms, marking a notable step forward in AI-assisted crypto-analysis. The findings, detailed in a recent research post from the company’s Frontier Red Team, highlight two primary… Read More

Major UK Banks Face Outages as Barclays, Halifax and Lloyds Clients Report Account Access Problems

Customers of several major UK high street banks faced disruptions to digital banking services on Monday, with widespread reports of difficulties completing online transfers and payments. Account holders at institutions including Lloyds Banking Group brands and Barclays encountered problems that began emerging around midday, according… Read More

Ethereum (ETH), Solana (SOL), Avalanche (AVAX) Networks Experience Increased Activity Despite Declining Token Prices

Large blockchain networks including Ethereum (ETH), Solana (SOL), and Avalanche (AVAX) have recorded notable increases in on-chain activity and reductions in transaction costs over the past year, even as the prices of their native tokens experienced substantial declines. This divergence between market prices and underlying… Read More

Strategy ($MSTR) Extends Bitcoin Purchasing Pause to Five Weeks as USD Reserves Hit $3.75B

Strategy Inc. (NASDAQ:MSTR), the Bitcoin-focused firm formerly known as MicroStrategy and led by Executive Chairman Michael Saylor, has prolonged its break from acquiring the cryptocurrency for a fifth consecutive week. In the seven-day period ending July 26, 2026, the company neither bought nor sold any… Read More

Ethereum (ETH) Liquid Staking Protocol Lido Initiates Overhaul by Shifting Billions in Staked Ether to Higher-Capacity Validators

Lido, a liquid staking protocol on Ethereum, has commenced a significant infrastructure update that involves consolidating more than 8 million ETH—valued at approximately $16 billion to $16.5 billion—into larger validators. This marks the protocol’s most substantial core change since its V2 release in 2023 and… Read More

TD Cowen Reduces Nakamoto Price Target Amid Revised Bitcoin (BTC) Market Outlook

TD Cowen has significantly revised downward its price objective for Nakamoto Inc., the bitcoin-focused treasury firm associated with David Bailey, in response to an updated assessment of the cryptocurrency’s trajectory. Analysts at the firm reduced the split-adjusted target from the equivalent of $40 to $17,… Read More

Moonshot AI Wraps Up Kimi K3 Rollout with Full Model Weight Release

Moonshot AI has finalized the rollout of its flagship Kimi K3 model by publicly releasing the complete set of open weights, marking the full availability of what the company positions as the first open-weight system in the three-trillion-parameter class. The weights became downloadable on July… Read More

New York AG Letitia James Cautions the CLARITY Act Risks Diluting States’ Power to Prosecute Crypto Fraud Amid Rising Pressure

New York Attorney General Letitia James has voiced strong concerns about the Digital Asset Market Clarity Act, commonly known as the CLARITY Act, arguing that the federal proposal risks weakening the capacity of states to combat cryptocurrency-related fraud and protect investors. In written testimony submitted… Read More

Securitize Strengthens Regulated Tokenization Platform via SEC Investment Adviser Registration

Tokenization-focused Securitize (NYSE: SECZ) has taken another significant step in building out its compliance infrastructure. On July 27, 2026, the company announced that its subsidiary, Securitize Capital LLC, has successfully registered with the U.S. Securities and Exchange Commission as an investment adviser. This development expands… Read More

Metaplanet Advances Exploration of Bitcoin (BTC) backed Digital Credit Products

Tokyo-listed Metaplanet Inc., one of the world’s largest public corporate holders of Bitcoin, is progressing efforts to develop credit instruments supported by its cryptocurrency reserves. These initiatives, which industry observers have described as potential Bitcoin-backed bonds or “Bitbonds,” form part of the company’s broader Project… Read More

NFL Presses CFTC for Stronger Safeguards on Sports Prediction Markets

The National Football League (NFL) has formally urged the Commodity Futures Trading Commission (CFTC) to significantly tighten its proposed framework governing sports-related event contracts, arguing that the current draft falls well short of safeguards needed to protect game integrity and market participants. In a letter dated… Read More

Send this to a friend