Author: WebDesk

Trump Media entered the second quarter with the model of a media company, but its financial results were instead dominated by bets on digital assets. The parent company of Truth Social reported a net loss of $238.1 million in the second quarter of 2026, a sharp increase from the $20 million loss recorded in the same period last year, according to its 10-Q filing. Quarterly revenue reached just $1.7 million, while the majority of the loss stemmed from declines in the value of digital assets and bitcoin-related securities.Trump Media’s Q2 Loss Widens SharplySecond-quarter results showed that Trump Media’s revenue remained…

On-chain investigator ZachXBT on August 10 accused Tiffany Milanovich, an individual in the US, of involvement in at least $5 million in stolen crypto assets through hardware wallet and centralized exchange customer support impersonation scams. In a thread on X, ZachXBT described Milanovich as a “caller,” who made calls impersonating support personnel to convince victims to grant access or perform actions that led to assets being drained from their accounts.ZachXBT’s AllegationsAccording to ZachXBT, Milanovich not only participated in scam calls but also recorded, posted, or shared interactions with victims after funds were drained. The investigator accused her of publicly boasting…

Polymarket might soon be worth more than $20 billion.If you’ve been following us for a while, you know we spent a lot of time on Polymarket during the World Cup. We told you we were farming it heavily, looking for good markets and building volume ahead of the expected POLY airdrop.Those were fun times.Honestly, it’s too bad the World Cup is over.But while the football has stopped, Polymarket certainly hasn’t.The prediction market platform is reportedly discussing a new funding round of roughly $1 billion at a valuation above $20 billion.That’s an enormous number for a company that, not too long…

Key TakeawaysAbout 1,600 customers contributed at least $397 million.The SEC alleges at least $425 million was raised from over 1,300 investors.The CEO already pleaded guilty to federal criminal charges. Customers Put at Least $397 Million Into Alleged Crypto Scheme About 1,600 customers contributed at least $397 million through Goliath Ventures Inc., the Commodity Futures Trading Commission (CFTC) announced Aug. 11 in a federal civil case. The regulator charged Goliath Ventures and CEO Christopher Delgado with operating a Ponzi scheme tied to purported crypto asset trading, including bitcoin and ether. The CFTC stated: “The defendants engaged in a Ponzi scheme by…

Ethereum co-founder Vitalik Buterin has updated the network’s long-term roadmap, placing greater emphasis on privacy, post-quantum security, artificial intelligence and new approaches to scaling.In an Aug. 10 post on X, Buterin compared Ethereum’s current “Strawmap” with the roadmap published in 2023, outlining which priorities have remained, which have been downgraded and which new technologies have entered the network’s development plans.While much of Ethereum’s original roadmap remains intact, the latest version reflects major advances in cryptography and zero-knowledge technology over the past three years. Quantum security has moved higher on the priority list, while privacy and AI-assisted formal verification have emerged…

Melbourne, Australia, August 12th, 2026, ChainwirePalo Alto, Melbourne, 12 August 2026 – Zerocap, Australia’s premier digital asset firm and a leading institutional liquidity provider, has expanded its crypto and FX trading capabilities with Integral, the leading currency technology provider to financial markets. Regulated in Australia and serving institutions and sophisticated investors since 2017, Zerocap has integrated Integral Digital to scale its institutional offering globally as demand for digital asset trading accelerates across the region.Integral Digital provides Zerocap with a single, out-of-the-box point of connectivity to a broad network of liquidity providers across both digital assets and fiat currency markets. Combined with…

Coinbase has launched futures, options, and perpetuals for professional clients in the United Kingdom, expanding its derivatives offering through its MiFID authorization. The rollout is not for UK retail users. Eligibility is limited to users classified as Professional Clients, which means they must meet criteria tied to trading activity, portfolio size, or relevant professional experience. That is the most important detail. Crypto derivatives can offer hedging, leverage, and more sophisticated trading strategies, but regulators draw a clear line between professional and retail access. Coinbase’s UK expansion gives qualifying clients more tools, while keeping retail users outside the product set. For…

Riot Platforms has signed a long-term data center lease agreement tied to Anthropic, giving the Bitcoin miner another route into AI and high-performance computing as miners continue looking beyond block rewards. The company’s filing describes a 20-year lease agreement for 191 megawatts of critical IT capacity at its Rockdale campus. The deal carries total revenue potential of up to $16.1 billion if extension options are exercised. That is a huge number, but it needs careful framing. This does not mean Riot is abandoning Bitcoin mining. It means the company is using its power portfolio and data-center footprint to diversify into…

Coinbase has secured Abu Dhabi regulatory approval to arrange investment deals and provide custody as it prepares an international hub for tokenized securities and onchain capital markets. Summary Coinbase has received Financial Services Permission from Abu Dhabi Global Market’s financial regulator. The authorization covers arranging investment deals and providing custody for tokenized securities. Eligible token holders will receive shareholder rights, including dividends and voting rights. Coinbase plans to operate major tokenization and derivatives businesses from Abu Dhabi and Dubai. Coinbase secures approval for tokenized securities Coinbase said in an announcement published by Abu Dhabi Global Market that the Financial Services…

The long-awaited crypto Clarity Act has stalled and is due a September vote but regulators are ready to step in to advance crypto rules regardless, according to reports.  Bloomberg reported Tuesday that the Securities and Exchange Commission was preparing to roll out this week initiatives to help the crypto industry. The regulator has said that it will hold an open meeting Friday “to create a tailored offering regime for certain investment contracts involving crypto assets.”  And JD Supra reported Tuesday that Commodities and Futures Trading Commission Chairman Michael Selig was ready to proceed with “rulemaking whether or not the Clarity…