Another Stablecoin Bites the Dust as BLC Crashes From $1 to Near Worthless
Balance Coin, an algorithmic stablecoin built on BNB Chain, lost more than 99% of its value on July 22, 2026,...
Month: July 2026
Cathie Wood Says SpaceX Could Become ‘the Most Important Company in History’ Despite 48% Stock Slide
Ark Invest CEO Cathie Wood delivered a sweeping endorsement of SpaceX as shares traded 48% below their peak and 13%...
Tokenized Treasuries Cool as Wall Street Giants Wage a $35 Billion RWA War
The real-world asset (RWA) sector logged $34.67 billion in distributed value this week, down from the $35.2 billion peak recorded...
S&P launches blockchain fundamentals index for digital assets
The benchmark tracks blockchain networks using protocol revenue, offering an alternative to traditional market capitalization-weighted crypto indexes.S&P Dow Jones Indices...
Crypto PAC pours $1M into Michigan Democratic primary race
Donavan McKinney, running against Michigan incumbent Shri Thanedar, said that “the crypto lobby is paying my opponent back for helping...
US Wealth Gap Reaches Highest Level in 100 Years
Wealth concentration in the United States has reached extremes not witnessed in 100 years. The richest 0.00001% of Americans now...
US officials barred until 2029 from issuing or sponsoring tokens under CLARITY’s proposed ethics rules
According to Senator Cynthia Lummis, one of the bill’s advocates, the ethics language would apply to US presidents’ crypto ventures,...
Anthropic joins UK FCA’s AI regulatory sandbox as second cohort launches
Anthropic will provide Claude AI models to companies participating in the UK Financial Conduct Authority’s next Supercharged Sandbox cohort, as...
SEC’s Peirce says crypto vaults and onchain lending may fall under securities laws
The SEC commissioner said crypto vaults, onchain lending products and other asset management tools may trigger US securities laws depending...
Digital Chamber sues Illinois officials over new state 0.2% crypto tax
The group alleged that the tax signed into law in June “discriminates against people who transact in digital assets“ and...
MVMT Labs bankruptcy lists under $1 million in assets after $38M raise
Movement Labs raised $38 million in an April 2024 Series A led by Polychain Capital. By July 22 this year,...
US targets $26.4 million in five crypto scam cases as DOJ says $800 million recovered
U.S. prosecutors filed five civil-forfeiture complaints on July 21 seeking roughly $26.4 million in cryptocurrency traced through separate international fraud...
Celsius founders face permanent crypto bans that could cost more than their $16.5M obligations
The co-founders of Celsius, the bankrupt crypto lender, are now subject to permanent court orders that bar them from broad...
OpenAI’s model breach is not the singularity, but dismissing it as hype is dangerous
OpenAI models were asked to exploit software in a controlled test. According to OpenAI’s preliminary account, they found a flaw...
Bitcoin breaks $66,000 but 4 key signals show this rally is far from normal
Bitcoin surged past $66,000 for the first time since early June, extending a recovery that is beginning to repair some...
