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BitMEX to Shut Down in September
BitMEX will close its crypto derivatives exchange in September and has urged users to withdraw funds as soon as possible. The shutdown follows a strategic review and comes after years of regulatory penalties and legal actions against the company and its founders.
Robinhood Chain racks up $1B DEX volume in debut week
Robinhood Chain has posted more than $1 billion in first-week DEX volume while its TVL soared millions of percent on memecoin momentum; Circle obtained a national trust bank charter and crypto legislation inches forward with a possible Clarity Act draft next week.
From the feed · 53
Sales of hardware wallets in Russia more than doubled ahead of new crypto rules. Wildberries cut average prices 13% to 7,900 rubles while M.Video expanded its lineup.
Brazil's central bank now requires exchanges to delay crypto transfers above $10,000 abroad, along with any smaller transactions they flag as risky.
$1.9 trillion asset manager T. Rowe Price added memecoins to its crypto ETF. Excluding established ones on principle would undermine its active approach to crypto investing.
The Senate failed to pass the Crypto Clarity Act before entering summer recess. The bill, aimed at establishing regulatory standards for digital assets, now awaits the fall session.
Trump Media is unwinding its two Crypto.com deals on crypto treasury and prediction markets. The company is redirecting focus to media operations, data licensing, and a planned merger with fusion firm TAE.
Trump Media reportedly terminated its planned crypto deals with Crypto.com.
OFAC sanctioned Shelbit and Aban Tether, two exchanges tied to Iran, as part of the ongoing effort to restrict Tehran's crypto access.
OKX executive Rafique says the Clarity Act has little chance of passing, as Democrats see no incentive to deliver Republicans a crypto win before midterms. He adds that bitcoin optimism is already priced in.
Bitcoin reclaims $65k even as the Clarity Act faces another delay. MetaMask rolled out an Agent Wallet that lets AI agents execute crypto trades on their own.
President Trump said the US does not want China to take over crypto. "We don't want see China take over crypto," he stated.
$247 million in crypto thefts made July the second-worst month of 2026, driven in part by the Coldcard exploit that exceeded $100 million in losses.
Senate reportedly delays the Crypto Clarity Act vote until after summer recess.
Wintermute launched a US broker-dealer. The registration lets the crypto market maker prepare for tokenized securities growth in the US.
Russia's first crypto law is now signed, creating a licensed central bank-supervised market for digital asset trading. Crypto remains barred from everyday payments.
$2 trillion is the value the S&P 500 added this month, matching crypto's full market cap. Bitcoin has barely moved.
Binance is suing RedotPay for $470 million in Hong Kong, alleging the firm poached its crypto customers. RedotPay says it will defend itself vigorously.
The White House is reportedly reviewing the ethics text of the Crypto Clarity Act ahead of the August deadline. Senators now have just days to vote on the bill.
Large holders of Bitcoin, Ethereum and XRP increased balances during market weakness. CryptoQuant sees them absorbing supply ahead of a possible bottom.
The Senate has 2 days to pass the Crypto Clarity Act before leaving for summer recess.
Mastercard and Borderless are testing shared identity verification for cross-border stablecoin transfers through the Crypto Credential framework. The effort aims to add compliance checks without naming specific transaction volumes or timelines.
Global equities hit record highs while Bitcoin and the broader crypto market failed to keep pace. Derivatives data show subdued activity in bitcoin and ether but aggressive positioning in select altcoins.
SEC Commissioner Hester Peirce voiced optimism that the Clarity Act will pass and deliver long-awaited crypto market structure rules.
An FBI agent faces charges for allegedly stealing $1 million in crypto from an adversarial nation, with court documents claiming he planned to take the funds abroad.
3 days remain for the Senate to pass the Crypto Clarity Act before summer recess.
BNY Mellon, the world's largest custodian bank, is said to be preparing a crypto staking service. The move would extend custody offerings into yield-generating activities for digital assets.
Coinbase CEO Brian Armstrong urged passage of the crypto Clarity Act, stating that "economic security is national security.
10% of FalconX's workforce is being cut as the crypto market slump persists. The firm is also refocusing its Singapore strategy and withdrawing its local license application.
Congress heads into a recess of more than one month this week, leaving the Crypto Clarity Act without a vote before lawmakers return.
Bitmine bought more ether and increased its stock buyback last week. Chairman Tom Lee tied ether's July outperformance versus the Nasdaq to stronger crypto fundamentals.
Robinhood's UK arm joined the FCA's list of registered cryptoasset companies on July 31. The move comes just before the new regulatory regime takes effect.
The Senate heads into summer recess in a week, leaving almost no August window to advance Clarity or other crypto priorities.
Trump Media sold another 2,628 BTC, bringing its seven-month total to 7,281 and cutting holdings to 4,261. The latest batch moved to Crypto.com.
Russia's crypto mining ban now extends through 2032 in Moscow, the Moscow Region, and parts of Kursk, citing power supply limits.
$125 million was liquidated from the crypto market in the past 60 minutes as Bitcoin fell back under $63,000.
A Dubai crypto exchange is allegedly tied to a $4 billion Iran sanctions-evasion network, routing hundreds of millions through Binance and other major platforms to connect sanctioned entities with global markets.
Senators reportedly sent revised ethics rules to the White House for the CLARITY Act. The window is closing on a crypto market structure bill before the Senate's month-long recess.
Coinbase reported lower quarterly revenue and a net loss for Q2 as crypto trading volumes declined. Subscription, stablecoin, and lending revenue continued to grow.
IBM claims it has reached trusted quantum advantage, advancing machines that could eventually break the cryptography securing Bitcoin. The progress continues IBM's push toward quantum systems capable of challenging today's encryption standards.
Treasury Secretary Bessent says Senate Democrats are blocking the Crypto Clarity Act.
Ark Invest sold Bitmine, Robinhood, Bullish, and Block shares during Wednesday's crypto pullback. • Boosted its Coinbase position • Added to Circle holdings
Ondo Finance is weighing an acquisition valued at $250 million to $500 million as consolidation accelerates across crypto infrastructure.
Crypto gains over $1,740 will face taxation in South Korea starting January 1, 2027. The measure now moves to parliament after multiple prior delays.
Coinbase CEO Brian Armstrong urged the US Senate to pass the crypto Clarity Act, writing that "clear rules are almost here.
Mythos has uncovered cryptographic weaknesses that remained undetected for years. The findings highlight gaps in long-standing implementations that standard audits missed.
Block has sent a letter to the US Senate urging passage of the crypto Clarity Act. The push comes from Jack Dorsey's payments company as lawmakers consider new digital asset rules.
Robinhood shares slid 4% after the brokerage posted $100 million in crypto trading revenue, down 38% from a year earlier, even as options, equities and prediction markets activity strengthened.
Researchers have detailed a cryptographic method that would let Bitcoin wallets add post-quantum security without breaking compatibility with existing addresses.
US prosecutors have proposed changes to the CLARITY Act as the voting window narrows. A White House crypto adviser called the revisions “not even close” to the administration’s position.
MoonPay's PayBox embeds a crypto wallet inside Claude and ChatGPT, letting the models execute payments autonomously while the user retains final approval. The integration works through secure API connections that keep private keys outside the AI environment.
Banking lobby CEO addressed the stalled Crypto Clarity Act as senators push to pass it before year end. The bill's progress has been slowed in part by banking industry opposition.
Coinbase faces trimmed Wall Street forecasts for a sluggish Q2 as spot trading volumes cool, with attention turning to pending U.S. crypto rules.