Author: WebDesk

The Clarity Act may be delayed — for now — but pro-crypto senators remain committed to the fight.  And not just Republicans: Democratic Senator Angela Alsobrooks accompanied conservative “Bitcoin Senator” Cynthia Lummis in assuring voters that work was being done on the bill.  Lawmakers were hoping a crucial vote on the long-awaited crypto market structure bill was to go ahead before a five-week recess but news dropped Friday that it was too little, too late. Now, the Senate will vote on the bill in September.  JUST IN: 🇺🇸 Senator Lummis releases statement now Clarity Act vote is delayed:”There will be…

U.S. authorities sanctioned crypto exchanges Shelbit and Aban Tether after alleging that the platforms helped Iran evade restrictions and move funds connected to the Islamic Revolutionary Guard Corps. Summary OFAC sanctioned Shelbit, Aban Tether and Siavash Kayvanpour over alleged sanctions evasion. IRGC-linked wallets allegedly sent more than $1 million in crypto to Shelbit addresses. Shelbit addresses reportedly transferred over $2 million to wallets controlled by the IRGC. Kayvanpour-linked wallets allegedly sent more than $2 million to sanctioned exchange Nobitex. OFAC targets Shelbit and Aban Tether The U.S. Treasury Department’s Office of Foreign Assets Control announced the sanctions on Aug. 7…

All news is rigorously fact-checked and reviewed by leading blockchain experts and seasoned industry insiders. Trump Media, Crypto.com and Yorkville have terminated their planned CRO treasury venture. The structure had contemplated more than $6 billion in funding capacity. Crypto.com will also step away from servicing planned Truth.Fi ETFs. Trump Media says market saturation, rather than regulation, drove the decision. According to Axios, Trump Media & Technology Group and Crypto.com are unwinding a major part of the crypto strategy they built during the 2025 digital asset treasury boom, mutually terminating plans to create a publicly traded company dedicated to accumulating Cronos…

Jessie A Ellis Aug 07, 2026 20:16 Crypto payment cards process $759M monthly, up 2.5x YoY. USDC dominates with 58% of spend; Visa powers most programs. Crypto payment cards are emerging as a significant driver for stablecoin adoption, with monthly transaction volumes soaring to $759 million in July 2026, according to Paymentscan data. That’s a 2.5x increase from $306 million a year earlier and a sharp rise from less than $1 million when tracking began in October 2023. These cards allow users to spend stablecoins like USDC and USDT through existing Visa and…

Los Angeles, United States, August 7th, 2026, PlayNewswireSpindex, a real-time data analytics platform for the iGaming industry, has surpassed 150 million tracked gaming events across its monitoring infrastructure, ingesting more than 2,000 new data points per minute from over 700 slot titles. The milestone highlights the scale of live data now flowing through independent, third-party tracking layers built on top of the online gaming industry — infrastructure that exists separately from any single operator’s own reporting.Built for Scale: A High-Throughput Data PipelineSpindex’s infrastructure ingests activity directly from a network of major online gaming platforms, including Stake, Stake.us, Rainbet, Roobet, Gamdom,…

The VET price continues to struggle after sinking to an all-time low of $0.00429 in June 2026, with little evidence that buyers are ready to step back in. While many expected historical support levels to trigger a rebound, those areas have instead given way to persistent selling pressure, leaving VeChain among several altcoins caught in a prolonged downturn.Price action has remained weak for months, and the token continues facing repeated rejection from the 50-day EMA that has capped upside attempts since 2025.VeChain’s Historical Support Failed To DeliverMarkets don’t always respect history and VeChain is a fine example. Many traders anticipated…

New analysis of Bitcoin theft reports reveals that stolen funds overwhelmingly came from long-dormant wallets, with victims reporting a median loss of over one coin. Data posted on X from Galaxy Research’s Alex Thorn looked at 250 victim reports and found the typical stolen coin had sat untouched for 3.5 years, and a striking 88% of pilfered funds were at least a year old.  By address, losses ranged from a median of 0.014 Bitcoin to a mean of 0.212 Bitcoin, while individual victims reported a median loss of 1.022 Bitcoin and an average of 4.04 Bitcoin — with one unlucky…

If you own a hardware wallet and you have spent the last few days worried, I completely understand. The recent Coldcard incident was serious, and real people lost real money, which is never something to wave away. One company made a serious mistake on one of the core jobs a hardware wallet has, generating solid randomness for the seed, and that has hurt a lot of real people. But at the same time, it was not a crack in the idea of self-custody, nor that hardware wallets in general can no longer be trusted. It is worth being clear about…

The sudden death of Ondo Finance founder Nathan Allman has triggered an escalating governance dispute that now threatens to overshadow one of the fastest-growing companies in the tokenized real-world asset (RWA) sector. Court filings in Delaware reveal a bitter legal battle between Allman’s estate and current CEO Ian De Bode over who has the legal authority to control the company following the founder’s passing.While Ondo continues operating and maintains support from key investors, the dispute introduces significant uncertainty at a time when the company has emerged as one of the leading issuers of tokenized financial products. The case also highlights…

The Grayscale staking strategy just became a lot more shareholder-friendly. Days before an important IRS deadline expired, the asset manager updated its trust agreement to make staking the default for nearly every eligible asset held in the fund while paving the way for regular cash distributions.Timing mattered here. The revised trust agreement was signed on August 6, just four days before the August 10 IRS deadline for funds seeking the new tax treatment.IRS Deadline Changed The Playing FieldThe latest update follows IRS rules published last November that allow crypto funds to stake assets without triggering fund-level tax.There’s one catch, though.…