RedotPay is facing a lawsuit seeking around $473 million in damages from Binance-affiliated companies. The case centers on allegations that the Hong Kong-based stablecoin payments firm diverted more than 470,000 users from Binance Card by allowing them to fund the firm’s payment cards through Binance Pay outside the terms of an existing commercial agreement. Bloomberg…

Bitcoin Magazine Bitcoin Treasury Firm Strategy Pledges $250 a Year to Employee Trump Accounts Bitcoin treasury company Strategy has said it will contribute to Trump Accounts for the children of its U.S. employees, becoming the latest major public company to layer corporate money on top of the federal savings program. The Tysons Corner, Virginia-based company…

[PRESS RELEASE – Dubai, UAE, August 5th, 2026] BNB Chain, one of the most active blockchain ecosystems worldwide, today announced Build the Era, an open hackathon challenging builders to create the definitive AI agent marketplace on BNB Smart Chain (BSC). The winning submission will have the opportunity to become the officially adopted BNB Agent Studio…

USDC stablecoin issuer Circle has announced the founding validator cohort for Arc, its open blockchain network. It is currently in private mainnet with more than 100 ecosystem and institutional builders. Circle said the network is on track for a public mainnet launch on September 16, 2026. Behind Circle’s New Blockchain According to the official post,…

The biggest meme coin is deep in the red on a monthly scale, performing much worse than leading cryptocurrencies, such as Bitcoin (BTC) and Ethereum (ETH), over that period. Moreover, it collapsed to its lowest level since the autumn of 2023 before slightly regaining some of the losses. Nonetheless, optimism among analysts is running high,…

I don’t even know how to start this. I’m sitting here shaking, feeling physically sick. I just lost $10,700 to a hack on the Polygon network (Metamask) That wasn’t just “crypto money” to me. That was my wedding fund. I have been saving for over 2 years. I put every single spare dollar into what…

Eric Halem, a former Los Angeles Police Department officer with 13 years of experience, was sentenced for orchestrating a fake police raid that ended with the theft of $350,000 in BTC from a teenage crypto investor. Halem was sentenced to life in prison plus another 15 years for his role in the violent home invasion,…

The Wall Street Journal’s editorial board came out against the CLARITY Act on August 4, 2026, opening with the argument that Congress “often passes legislation riddled with policy land mines” it doesn’t want to defuse. Crypto lawyers, an asset manager and a former senator spent the day picking apart specific lines from the piece, arguing…

After testing the $62,000 support on a couple of occasions since August began, bitcoin has managed to weather the storm and now sits above $64,000 as markets expect a Strait of Hormuz deal to be announced today. Most larger-cap alts have produced contracting performances over the past day. XMR, XRP, and XLM are in the…

Bitcoin activity has surged sharply over the past week, with 712,000 addresses active in the past seven days, according to Santiment’s findings. That marks a three-month high. Whale activity also hit a five-month high. 61,800 transactions worth more than $100,000 were recorded during the period. Coldcard Fallout Drives Network Activity Santiment flagged the recent security…

Cardano’s ecosystem recorded several important developments between July 30 and August 5th. These range from a new cross-chain connection to changes in the way governance representation works. Meanwhile, ADA briefly approached $0.20 after gaining over 20% over the past week. Here are some of the most important Cardano news and an update on ADA’s price…

Bitcoin’s price recovery from the dip to $62,200 continues, as the asset has added two grand and now sits confidently above $64,000. It appears that the market is pricing in the latest positive development on the Middle East uncertainty. A report from Axios from earlier this morning indicated that the US, Iran, and Oman are…

The Core Team behind the project rarely stays quiet, trying to improve the broader network with new updates, features, redesigns, and anything in between. Although these attempts generally fall short when it comes to boosting investor sentiment toward the underlying asset, there has been an evident shift in the past week or so. Pi Joins…

Crypto trading activity has fallen to its lowest level of 2026. This is according to data from Kaiko, which shows daily spot volumes across tracked exchanges dropping to around $15 billion last week. Centralized Exchange Volumes Fall as Trading Activity Cools According to the Kaiko numbers shared by The Kobeissi Letter, daily trading volumes across…

US Senators Elizabeth Warren and Richard Blumenthal have sent a letter to SEC Chair Paul Atkins asking the agency to investigate President Donald Trump’s meme coin, arguing it may have facilitated fraud or unlawful enrichment at the expense of retail investors. The lawmakers cited reports showing that nearly a million investors collectively lost over $3.8…

Bitcoin finished July on a strong note before losing momentum at the start of August with two straight daily closes below $63,000. The decline has raised fresh caution even as blockchain data points to steady buying around current price levels. That buying activity became clearer in recent on-chain data, which shows roughly 155,000 BTC moved…

Bitcoin Magazine Self Custody Is Dead. Long Live Self Custody 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…

Bitcoin Magazine SEC Commissioner Hester ‘Crypto Mom’ Peirce Optimistic About Clarity Act  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…

Bitcoin Magazine Asset Manager 3iQ to Manage Bhutan’s Bitcoin Reserves Canadian digital asset manager 3iQ Corp. will work to manage some of the Bitcoin reserves of Bhutan’s Gelephu Mindfulness City project.  3iQ, Canada’s biggest and oldest digital asset fund manager, will not only manage the 10,000 Bitcoins pledged to build the new region, but also…

Bitcoin Magazine Corporation’s Approach to the BIP-110 Soft Fork BIP-110 is approaching its first consequential activation boundary. The proposal enters mandatory signaling at block 961,632, currently projected around August 9, 2026. It locks in no later than block 963,648, roughly in late August, and activates its new transaction rules at block 965,664, currently projected for…

Donald Trump has created a way for Wall Street to pay to win. Trump Media & Technology Group’s premium data product released its new subscription service for earlier access to Truth Social posts for $100,000 a month. According to reports, five Wall Street firms have already signed up for the service, gaining access to Truth…

AVAX gained nearly 7% over the past 24 hours after briefly tapping $6.92 on Tuesday before pulling back to $6.79. The token is also up a little over 5% on the weekly timeframe. The move comes as several developments add activity across the Avalanche ecosystem. RWA Activity, Stablecoins and Network Upgrades Securitize has now distributed…

Bitcoin Magazine FBI Agent Accused of $1 Million Crypto Theft From ‘Adversarial Nation’  A Federal Bureau of Investigation agent allegedly took $1 million in seized cryptocurrencies before turning himself in, according to court records.  Documents unsealed this week allege Patrick Steven Yaroch, who was a FBI Supervisory Special Agent working at the FBI Headquarters Counterintelligence…

Ripple’s cross-border token has plunged by 5% over the past month to the current $1.07. This is just above the crucial $1.06 zone, which, according to some analysts, can trigger the next decisive breakout. Bulls vs. Bears Ali Martinez believes that “everything comes down to $1.06 for XRP.” In his view, holding the line could…