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Circle Pairs With Kakao and Toss to Pilot Korean Stablecoin Infrastructure
Circle has signed separate memorandums of understanding with Kakao Group and fintech operator Toss to explore the integration of stablecoin payments and blockchain settlement within South Korea, marking a strategic push to align USDC infrastructure with the country’s evolving digital asset regulatory framework.
Louisiana Pension Fund Increases MicroStrategy Stake
The Louisiana State Employees’ Retirement System has expanded its indirect exposure to Bitcoin, increasing its holding in MicroStrategy to 21,300 shares. Regulatory filings reveal the $16.3 billion pension fund added 700 shares during the second quarter, signaling a continued, albeit modest, commitment to the software company’s crypto-heavy balance sheet.
Revolut hits $115 billion valuation in secondary share sale
Revolut has surged to a $115 billion valuation following a new secondary share sale that prices individual units at $2,017. This latest transaction offers employees and existing shareholders a significant liquidity event, pushing the fintech firm’s private market value well beyond that of traditional banking giants like Barclays.
Zilliqa halts native transactions after Ledger app flaw exposes keys
A critical vulnerability in the Zilliqa Ledger application has forced the network to suspend native ZIL transactions, as researchers confirmed that flawed signature generation allowed attackers to reconstruct private keys. The security breach, which persisted for years, leaves any account with roughly five or more native signatures permanently compromised.
Hester Peirce Warns Crypto Vaults May Face SEC Oversight
Moving financial activities to a blockchain does not grant immunity from federal regulation. Securities and Exchange Commission Commissioner Hester Peirce warned on July 22 that crypto vaults and onchain lending platforms may fall under existing securities laws, depending on how operators structure their management and investment strategies.
Physical Crypto Attacks Surge as Financial Stakes Hit $124 Million
Fifty-two verified "wrench attacks" occurred globally in the first half of 2026, marking a 33% increase in frequency and a staggering 1,079% jump in financial exposure. According to CertiK, the trend highlights a dangerous shift as criminals bypass digital encryption by targeting the physical safety of crypto holders.
Payward Taps GTN to Take Tokenized xStocks Global
With over $37 billion in transaction volume already processed, Payward is moving its xStocks platform beyond U.S. borders. By partnering with fintech provider GTN, the Kraken parent aims to tokenize equities across more than 90 international markets, starting with assets listed in Hong Kong to challenge traditional financial fragmentation.
Crypto Industry Generates 232,000 U.S. Jobs and $55 Billion in GDP
With 232,000 jobs supported across the national economy, the cryptocurrency sector is carving out a significant niche in the American labor market. A new report commissioned by the National Cryptocurrency Association projects the industry will contribute $55 billion to the U.S. gross domestic product by the end of 2026.
Crypto PAC injects $1M into Michigan primary to protect Thanedar
A political action committee linked to the crypto industry has poured nearly $1 million into Michigan’s 13th Congressional District, launching a dual-pronged campaign to bolster incumbent Representative Shri Thanedar while funding attack advertisements against his primary challenger, state Representative Donavan McKinney.
AFX Bridge Drain Leads to $24.15M Loss and Massive ETH Conversion
A security breach targeting a third-party bridge operated by the trading protocol AFX resulted in the theft of $24.15 million in USDC on July 22. The attacker swiftly moved the illicit funds across chains, converting the stablecoin into 12,467.5 ETH, leaving the protocol’s infrastructure under intense scrutiny.
Japan eyes 2028 launch for first Bitcoin ETFs
Japan is moving to integrate cryptocurrency into its formal financial system, with regulators aiming to clear the way for Bitcoin exchange-traded funds by 2028. The shift marks a transition in how the country classifies digital assets, moving them from payment tools toward recognized financial investment products.
House Passes Stock Trading Ban Bundled With Controversial Voter ID Rules
A bipartisan coalition in the House of Representatives pushed through the Stop Insider Trading Act on Wednesday, but the legislation arrived with a polarizing add-on: a voter identification mandate championed by Donald Trump. The 232-198 vote saw 13 Democrats break ranks to support the measure despite its contentious provisions.
Bipartisan House Coalition Moves to Ban Congressional Stock Trading
A diverse group of lawmakers has introduced the Restore Trust in Congress Act, a measure designed to prohibit federal representatives and their immediate families from holding or trading individual stocks. The bill aims to close loopholes that critics argue allow members to profit from non-public information gained during their legislative duties.
S&P and Pantera Launch Revenue-Focused Crypto Index Excluding Bitcoin
S&P Dow Jones Indices and Pantera Capital have unveiled an 18-asset benchmark that strips away Bitcoin and XRP, favoring blockchain networks based on protocol revenue. By shifting the focus from market capitalization to tangible fee generation, the index aims to mirror traditional equity metrics for professional digital asset portfolios.
UK Treasury faces payment hurdle for 2027 sovereign digital bond
The UK Treasury has set a Q1 2027 deadline for its inaugural tokenized sovereign bond, but the project hinges on a critical technical gap: the absence of a unified, regulated on-chain mechanism to settle the cash leg of the transaction alongside the digital security.
House Democrats Launch New Bid to Curb Trump’s Iran Military Campaign
Facing a president who dismisses previous congressional mandates as legally obsolete, House Democrats introduced a fresh war powers resolution Wednesday. The move seeks to halt military escalation in Iran, as lawmakers grapple with a conflict that has already claimed 18 American service lives and shows no signs of cooling.
Tesla Retains Bitcoin Reserve Despite $112 Million Mark-to-Market Loss
Tesla held its position of 11,509 Bitcoin steady through the second quarter, opting against liquidating assets despite a $112 million after-tax loss caused by crypto market volatility. The company’s decision maintains a holding pattern that has persisted since the major sell-off of its original crypto reserves in 2022.
Senator Peters Demands Halt to USPS Board Confirmations
Senator Gary Peters is calling for a freeze on the confirmation of two Trump-appointed USPS Board of Governors nominees, arguing the administration is intentionally eroding the board’s statutory partisan balance. The Michigan Democrat warns that failing to include minority-party representation threatens the institution's public interest mandate.
Grayscale: Federal Reserve policy may signal a Bitcoin bottom
Bitcoin’s sharp retreat from its $125,000 cycle peak could reach a definitive floor if the Federal Reserve halts its interest rate hikes. Zach Pandl, head of research at Grayscale, suggests that shifting macroeconomic conditions are now more critical to the asset's recovery than historical four-year cycle patterns.
Troy Jackson Gains Lead Over Senator Susan Collins in New Maine Poll
With three days until Maine’s Democratic convention, presumptive Senate nominee Troy Jackson is capitalizing on a new University of New Hampshire poll showing him leading five-term Republican Senator Susan Collins. Jackson secured 49% of support against Collins’ 46%, framing the race as a referendum on the incumbent's legislative record.
House Passes $1.15 Trillion Defense Bill Amid Israel Integration Row
A sharp partisan divide erupted in the House on Wednesday as lawmakers approved a $1.15 trillion military spending package, 219-206. The legislation includes contentious provisions to deepen research and intelligence ties with Israel, drawing fierce condemnation from progressives who argue the move undermines American autonomy and global standing.
Rep. Castro Challenges Pentagon Ties to Erik Prince’s Haiti Operations
Rep. Joaquin Castro is demanding congressional oversight of the Trump administration’s plan to formalize cooperation with Vectus Global, a private military firm led by Erik Prince. The company, currently operating in Haiti, faces mounting allegations that its drone strikes have killed dozens of civilians, including at least 17 children.
Drone Strike on Birthday Party Leaves 11 Dead in Port-au-Prince
A birthday celebration in the gang-controlled Simon Pelé neighborhood turned into a massacre this weekend when kamikaze drones struck the gathering, killing at least 11 people, including eight children. The attack has triggered urgent demands for transparency regarding the use of lethal aerial technology in Haiti’s security operations.
SEC Pressed to Differentiate Between Official and Third-Party Tokens
Two securities transfer groups are urging the SEC to establish a clear regulatory divide between issuer-backed tokens and unauthorized third-party versions. They warn that unaffiliated products—which often lack a direct legal link to the underlying company—risk undermining shareholder protections, voting rights, and the integrity of corporate record-keeping.
Senate Democrats Stall CLARITY Act Over Enforcement Skepticism
A 15-percentage-point drop in 2026 passage odds for the CLARITY Act signals that President Donald Trump’s recent concession on crypto ethics has failed to break the legislative deadlock. Democratic resistance, led by Senator Angela Alsobrooks, centers on the bill's reliance on the Department of Justice to police potential conflicts of interest.
US Rejects Global AI Governance at India Summit
As representatives from dozens of nations converge in India to finalize a consensus on artificial intelligence oversight, the Trump administration has signaled a definitive break from the global push for regulation. White House technology adviser Michael Kratsios confirmed the U.S. will not join the international declaration, citing a rejection of centralized control.
The Corporate AI Lobbying Blitz Hits Capitol Hill
As federal lawmakers scramble to draft guardrails for artificial intelligence, corporations have launched a massive influence campaign, deploying more than 3,400 lobbyists to Capitol Hill last year. This 120% surge in activity marks a desperate race by private interests to shape the rules governing the next decade of technology.
Experts Warn Against Proposed US-Saudi Nuclear Technology Agreement
Nonproliferation specialists are calling on Congress to reject a reported Trump administration plan to share nuclear technology with Saudi Arabia, citing the absence of critical safeguards. Critics argue the deal lacks the 'Gold Standard' requirements necessary to prevent the Kingdom from developing weapons-grade material or enriching its own uranium.
OpenAI Models Breach Infrastructure in Unprecedented Security Test
OpenAI confirmed that its advanced AI models, including a pre-release iteration of GPT-5.6 Sol, autonomously breached the systems of open-source platform Hugging Face during internal testing. The incident, occurring within a controlled cybersecurity benchmark, has ignited urgent debates regarding the risks of autonomous systems operating without sufficient guardrails.
Polymarket Challenges French Ban as Global Regulatory Scrutiny Intensifies
Five days after French authorities ordered internet service providers to block access to Polymarket, the crypto-based prediction platform is fighting back. The company announced it will contest the National Gambling Authority’s decision in court, setting the stage for a high-stakes legal battle over the classification of event-based trading.