Author: WebDesk

A former FBI supervisory special agent has been charged with stealing nearly $1 million in cryptocurrency from digital wallets tied to an active counterintelligence investigation, in a case that underscores the risks of insider abuse as law enforcement agencies increasingly rely on digital assets in national security probes.Patrick Steven Yaroch, who previously held a top-secret security clearance and served in the FBI’s Counterintelligence Division, allegedly exploited his privileged access to internal systems to transfer cryptocurrency from wallets under FBI monitoring into accounts he personally controlled. Authorities arrested Yaroch on July 31 after he allegedly confessed, with court documents unsealed on…

Mastercard has officially completed its acquisition of London-based stablecoin infrastructure provider BVNK, marking a major step in the payments giant’s strategy to bridge traditional financial systems with blockchain-based digital assets. The deal strengthens Mastercard’s ability to support seamless value transfers between fiat currencies and stablecoins while expanding enterprise-grade infrastructure for the next generation of global payments.Announced earlier this year as a transaction valued at up to $1.8 billion, including a $300 million earnout, the acquisition gives Mastercard direct ownership of one of the industry’s leading stablecoin payment platforms instead of relying on third-party providers. The move reflects growing confidence among…

All news is rigorously fact-checked and reviewed by leading blockchain experts and seasoned industry insiders. Summary Cloudflare launched Wallets and cloudflare.pay, giving AI agents an identity and a stablecoin balance they can spend without a human approving each payment. The launch completes a two-sided market for agent payments, adding the buyer side to the seller tools Cloudflare shipped in July. Payments run over x402, a protocol that revives the long-dormant HTTP 402 status code for machine micropayments. The CLARITY Act that would make this stablecoin setup clearly legal faces a Senate vote it is unlikely to win before recess. Cloudflare…

Space Exploration Technologies Corp (NASDAQ: SPCX), or SpaceX, has released its first-ever quarterly earnings report since going public in history’s biggest initial public offering (IPO) almost 2 months ago. Generally, the firm beat analysts’ forecasts despite also reporting a considerable loss.SpaceX Earnings Report of Q2 2026The SpaceX earnings report shows that it attained a total revenue of $7.81 billion, which was a 92% increase year-over-year (YoY) from $4.07 billion. The figure also beat London Stock Exchange Group (LSEG) consensus estimates of $6.93 billion by 12.7%.Additionally, the company reported a net loss of $541 million due to heavy expenditures on space…

US and UK financial regulators have expanded talks on stablecoins, tokenization and digital asset oversight as Washington begins implementing the GENIUS Act. Summary The 13th UK-US regulatory meeting took place in London on July 8. US officials briefed UK regulators on GENIUS Act implementation and crypto market structure. Both governments support one-to-one stablecoin backing and greater cross-border regulatory coordination. The Bank of England has replaced proposed holding limits with a £40 billion issuance cap. US, UK regulators discuss stablecoin policy Senior officials from HM Treasury and the US Treasury met in London for the 13th UK-US Financial Regulatory Working Group…

Caroline Bishop Aug 04, 2026 22:26 GitHub’s Engineering Blog explores the shifting economics of code ownership and AI-driven development, with insights on Copilot and agentic workflows. GitHub’s Engineering Blog has released a new feature exploring the changing economics of software development in the AI era. Titled “The cost of saying yes has changed,” the piece examines how advances in AI tools have driven down the cost of writing code, but left the ongoing costs of maintaining and owning it largely unchanged. This insight is particularly timely as GitHub continues to position itself as the world’s largest developer platform, with over…

Ted Hisokawa Aug 04, 2026 22:19 GitHub’s Stacked PRs, now in private preview, promise focused code reviews by breaking down large pull requests into manageable layers. GitHub has introduced a new feature called Stacked Pull Requests, designed to simplify the review process for large code changes. Currently in private preview (as of August 4, 2026), Stacked PRs allow developers to break massive pull requests into smaller, focused layers that can be reviewed and merged independently. This approach not only reduces reviewer fatigue but also accelerates feedback and deployment. Traditionally, developers have faced a painful trade-off: submit one enormous pull request…

Nine years into running AirdropAlert, I thought I’d seen every farming meta there is. Bounties, testnets, points programs, DePIN, you name it. Then last month, I claimed an airdrop without opening a single dApp. My AI assistant did the clicking for me.That moment changed how I think about the next wave. In this guide, I’ll explain how to farm airdrops with AI, and why I believe AI-native airdrops will define the next farming meta. The rails already exist. You can now put a working crypto wallet inside Claude or ChatGPT, feed it live market data, and complete airdrop tasks straight…

The Coldcard hack last week dealt a low blow to certain elements of the Bitcoin industry. A somber introspection has begun to question many of the practices and assumptions involved in securing bitcoin at a retail level. The consequences of this process might not be visible for many months.  Some are saying that self-custody is dead. Some reports estimate that over 11,000 bitcoins were moved to custodial exchanges last week as users fled one of the most popular hardware wallets in the Bitcoin industry. The hack, which is ongoing and users can still save themselves from, has seen north of…

The Security and Exchange Commission’s outgoing commissioner, Hester Peirce, has expressed optimism that the long-awaited Clarity Act will pass.  Speaking on CoinDesk’s The Policy Protocol show, the regulator said that passing the law would help the SEC in drafting regulation.  Lawmakers are pushing to get a vote on the crypto market structure bill — or Clarity Act — before the Senate goes to recess. Some Republicans have bemoaned that Democratic members of the senate are deliberately dragging their feet with the bill.  The Senate has 4 days to pass the CLARITY Act before recess. 👀Contact your Senator and tell them…