Crypto News

Elon Musk says SpaceX will build exclusively with Nvidia, touts space-based AI servers Elon Musk's Plan for SpaceX and Nvidia Partnership Elon Musk announced that SpaceX will focus on building its technology infrastructure exclusively with Nvidia products. This move is part of a broader initiative by Musk to develop advanced space-based AI servers. Nvidia, known for its powerful graphics processing units (GPUs), will provide the technology necessary for SpaceX's ambitious projects. These servers are expected to handle the complex computations needed for space missions and AI developments. SpaceX's partnership with Nvidia highlights the growing importance of artificial intelligence in space exploration. This collaboration aims to...

This Bitcoin Bridge Shut Itself Down Because AI Was Finding Bugs Too Fast This Bitcoin Bridge Shut Itself Down Because AI Was Finding Bugs Too Fast A Bitcoin bridge known for facilitating fast, cross-chain transactions has temporarily shut down due to an unexpected challenge: artificial intelligence discovering bugs at an unprecedented speed. The bridge, used to transfer Bitcoin assets across various blockchains, became overwhelmed by the volume of vulnerabilities uncovered by AI analysis. The exponential increase in detected bugs posed a significant risk to the bridge's operational security. To prevent potential exploitation and security breaches, the decision was made to halt operations temporarily. This pause will allow the...

Billionaire reveals 'worst thing' to ever happen to Bitcoin Billionaire Reveals 'Worst Thing' to Ever Happen to Bitcoin Bitcoin, the pioneering cryptocurrency, has had its fair share of ups and downs since its inception. Recently, a well-known billionaire has voiced a stark opinion on what he believes is the most detrimental event to the digital asset's history. The billionaire contends that regulatory crackdowns, particularly those that stifle innovation and limit decentralized finance, pose the greatest threat to Bitcoin. According to him, the focus should be on encouraging positive regulation that supports the growth and development of the cryptocurrency ecosystem. In his view, overzealous regulation could hamper Bitcoin's...

Tom Lee’s Bitmine Buys More Ethereum, Adds to Stock Buyback Bitmine, led by Tom Lee, recently increased its Ethereum holdings with the acquisition of another $49 million worth of ETH, highlighting early interest in Robinhood's Ethereum-based layer-2 network, known as Robinhood Chain. The company now holds approximately 5.79 million ETH and continues to expand its staking operations and share buybacks. Over the past 30 days, the price of Ethereum has risen by about 6%, reaching approximately $1,880 per coin, with a market cap of $255 billion. On the prediction market platform Myriad, traders currently lean towards a bearish outlook, estimating a 75% chance that ETH will drop to $1,500 rather than rising to $3,000. This article has...

Bitcoin and ethereum prices today, Monday, August 3, 2026: Prices pulling back this morning despite de-escalation with Iran **Bitcoin and Ethereum Prices Today, Monday, August 3, 2026: Prices Pulling Back This Morning Despite De-escalation with Iran** The prices of major cryptocurrencies like Bitcoin and Ethereum pulled back this morning, despite positive developments in geopolitical tensions with Iran. After a weekend of bullish trading activity, where both Bitcoin and Ethereum rallied due to de-escalation talks, traders expected to see a continuation of upward momentum. However, the early hours of Monday trading have instead seen a reversal. Cryptocurrency Market Overview Bitcoin, which had been trading above $30,000 over the...

Korea Crypto News: Stablecoin Outflows and the 18-Month Streak Explained Upbit retains dominance in total crypto trading volume; CoinGecko data cited by the Korea Times placed Upbit at 60 percent and Bithumb at 32 percent of average daily volume in June – but the stablecoin segment increasingly functions as a transfer mechanism rather than a trading venue in its own right. Regulatory Pressure and What Comes Next In other South Korea crypto news, Rep. Lee, as reported by the Korea Times, urged the government to reevaluate investor protection and supervisory frameworks, emphasizing the need for improved regulations. Lawmakers raised concerns about Korean retail investors facing ultra-high-leverage products on offshore platforms...

Trump brothers-backed American Bitcoin swings to second-quarter loss Trump brothers-backed American Bitcoin swings to second-quarter loss American Bitcoin Mining Corp, backed by former President Donald Trump's brothers, reported a second-quarter loss due to increased operational costs and fluctuating cryptocurrency prices. The company, which focuses on mining Bitcoin and other cryptocurrencies, has been facing a volatile market environment. The downturn in the cryptocurrency market has impacted many mining firms, with rising energy costs and a dip in Bitcoin prices affecting profitability. American Bitcoin Mining has been no exception, experiencing a decrease in revenue compared to previous periods. The firm has been working to...

Coldcard Losses Near $114M as Small Bitcoin Transfers Spike Coldcard Losses Near $114M as Small Bitcoin Transfers Spike Percoco wants independent lab validation of entropy sources, bound to specific firmware versions and listed in a public registry, as payment terminals already require. He added that Coinkite's hotfix now fails the build unless the correct generator is linked in, a control he said took about 48 hours to write once the company knew what to look for. This article has been published in decrypt.co via Yahoo News. https://finance.yahoo.com/markets/crypto/articles/coldcard-losses-near-114m-small-101537900.html

BitMart Facing Formal Inquiry from Scandic Coin Over Extended Delays in SNC Token Withdrawal Processing Hamburg, Germany, August 3rd, 2026, Chainwire SCANDIC COIN (SNC) is once again calling on the cryptocurrency exchange BitMart to process three outstanding withdrawals from the approved institutional account without delay, or to provide a full, written and transaction-specific explanation for their continued non-execution. Four PDF documents captured on 3 August 2026 from the BitMart account interface: 1: https://image-hha.imageproxy.bid/uploads/FireShot_Capture_030_-_BitMart_-_Cryptocurrency_Exchange_-_Buy__sell_Bitcoin,_Ethereum,_Tet__-_www.bitmart.com.pdf 2...

Bitcoin slips below $63k as Coldcard hack overshadows U.S.-Iran hopes Investing.com-- Bitcoin fell on Monday, extending weekend losses as cryptocurrency markets grappled with a high-profile hack and weak June quarter earnings from major companies in the sector. Bitcoin fell 1% to $62,829.4 by 02:04 ET (06:04 GMT).  Get technical analysis and key trading cues on Bitcoin by subscribing to InvestingPro-- get 55% off! Optimism over more U.S.-Iran negotiations provided little support, even as oil prices slid up to 5%. U.S. President Donald Trump said more negotiations with Iran were set to occur later on Monday, after Washington canceled a major planned weekend attack on the country.  Coldcard hack results in nearly $90 mln Bitcoin...

Bitcoin's Coinbase Premium Logs Longest Negative Streak On Record Again As Capital Shifts Elsewhere Bitcoin's Coinbase Premium Logs Longest Negative Streak On Record Again As Capital Shifts Elsewhere Crypto exchanges processed $1.32 trillion in perpetual futures tied to stocks, indices, and commodities in the first five months of 2026, more than 12 times the $104.21 billion for all of 2025, according to a CoinGecko report. CoinDesk described the trend as a "reverse bridge," where Wall Street once entered crypto through ETFs and custody, crypto exchanges are now bringing stocks, commodities, and indices into their on-chain trading systems. Bitget CEO Gracy Chen said stock perpetuals went from zero to 28% of the exchange's total...

Democrats Reportedly Circulate Anti-Crypto Poll Ahead Of CLARITY Act Vote, Coinbase Exec Calls It A 'Message-Testing Memo' Democrats Reportedly Circulate Anti-Crypto Poll Ahead Of CLARITY Act Vote, Coinbase Exec Calls It A 'Message-Testing Memo' The dueling narratives come as lawmakers prepare for a first-floor vote on the CLARITY Act, the industry's top legislative priority, with disagreements still unresolved over multiple provisions. Read also: Why Google, Microsoft, And Meta Are Building In West Texas? According To Galaxy Digital Executive For updates and corrections, email newsroom[at]stocktwits[dot]com. This article has been published in stocktwits.com via Yahoo News...

Is Perella Weinberg (PWP) Quietly Redefining Its Advisory Franchise With Rising Earnings And New Partners? Is Perella Weinberg (PWP) Quietly Redefining Its Advisory Franchise With Rising Earnings And New Partners? Interested In Other Possibilities? Markets shift fast. These stocks won't stay hidden for long. Get the list while it matters. This article includes discussion about companies such as PWP. This article has been published in yahoo.com via Yahoo News. https://finance.yahoo.com/markets/stocks/articles/perella-weinberg-pwp-quietly-redefining-001606836.html

Wyoming Blockchain Symposium Puts Garlinghouse, Atkins, and CLARITY Act Debate Center Stage Wyoming Blockchain Symposium Puts Garlinghouse, Atkins, and CLARITY Act Debate Center Stage On July 22, Garlinghouse called on Congress to advance the Digital Asset Market Clarity Act (CLARITY Act), framing it as essential for consumer protection, a sentiment echoed by Coinbase CEO Brian Armstrong. Although the bill has bipartisan support, it still needs 60 votes to pass and faces opposition from seven Senate Democrats over ethics and consumer protections. Ripple's engagement in Wyoming enhances Garlinghouse's appearance, as the state is involved in blockchain initiatives, including its recently launched FRNT stablecoin. The upcoming Jackson...

Ark Invest Rotates $43.5M Into Coinbase and Circle as Bullish and Bitmine Exit Ark Invest Rotates $43.5M Into Coinbase and Circle as Bullish and Bitmine Exit This is not the first time Ark has shown it will act quickly when conditions deteriorate. Earlier in 2026, the firm sold roughly $11.2 million of its ARKB spot Bitcoin ETF, alongside about $84M in technology holdings during a broader risk-reduction move. The Ark invest daily trade disclosures remain the clearest signal of its direction. If Bitmine selling continues across multiple sessions without offsetting purchases, it would suggest a more meaningful reduction in risk appetite toward exchanges and stablecoin infrastructure. If Ark resumes buying BMNR on further weakness...

CZ Warns Bitcoin Holders After $70 Million Wallet Exploit: 'Nothing Is 100%' CZ Warns Bitcoin Holders After $70 Million Wallet Exploit: 'Nothing Is 100%' Binance CEO Changpeng Zhao, popularly known as CZ, has cautioned Bitcoin holders about the importance of security following a $70 million exploit involving a Bitcoin wallet. In a recent statement, CZ emphasized that no security system is infallible, underscoring the ongoing vulnerabilities in cryptocurrency storage solutions. The security breach in question involved a sophisticated attack on a Bitcoin cold wallet, which led to the theft of a substantial amount of cryptocurrency. Despite advances in wallet technologies, CZ noted that risks persist, and users must remain vigilant in...

3iQ Corp Named Institutional Manager of Bhutan’s Bitcoin Reserves Bhutan's BTC Position and the GMC Build-Out Bhutan's Bitcoin reserves were accumulated primarily through hydropower-backed mining and managed by Druk Holding and Investments (DHI), the kingdom's sovereign investment arm. Arkham Intelligence data shows Bhutan's sovereign holdings have shifted significantly over the past two years – from roughly 13,390 BTC in October 2024 to an estimated 5,600 BTC by mid-2026, with more than $237 million moved out of reserve addresses since January, likely to fund domestic infrastructure priorities, including GMC itself. The 3iQ partnership represents what the primary source calls "the next step" in deploying the Bitcoin earmarked...

Hackers Torch $940M In 6 Months: Why Audited Protocols are Being Breached Hackers Torch $940M In 6 Months: Why Audited Protocols are Being Breached Our research shows that audited projects lost $681 million through attack paths outside the identified audit scope, representing 94% of their losses. Smart contract reviews remain essential, but AI makes it easier to find weaknesses across integrations and combine them into cross-component attacks, so security reviews must now cover the whole system. Josef Gattermayer, Founder and CEO Ack3 The takeaway is brutal in its simplicity. "Audited" is a marketing word until you ask three questions: what exactly was reviewed, how long ago, and who controls the keys today. In H1 2026, the honest...

US Treasury Sanctions Iranian Firms Taking Bitcoin for Hormuz Passage US Treasury Sanctions Iranian Firms Taking Bitcoin for Hormuz Passage The US Treasury has imposed sanctions on several Iranian companies allegedly involved in accepting Bitcoin as a form of payment for facilitating the passage of oil tankers through the Strait of Hormuz. This strategic waterway is vital for global oil transportation, and the involvement of cryptocurrency in these transactions has drawn increased scrutiny from international authorities. The sanctions target companies believed to be part of Iran's attempt to bypass US economic restrictions. By accepting Bitcoin, these firms can conduct business without relying on conventional banking systems, which...

Bitcoin slips to trade above $63,000 but records 7.5% July gain Investing.com -- Bitcoin traded just above $63,000 on Saturday, August 1, falling around 1.3% over the previous 24 hours after ending July with a gain of roughly 7.5%, despite rising bond yields, interest-rate concerns and weakness in AI-related stocks. Analysts expect trading to remain volatile and range-bound in August as investors assess the prospect of Federal Reserve rate increases, upcoming U.S. employment data and spot Bitcoin exchange-traded fund flows. Bitcoin was trading down 1.13% at $6,3104.1 as of 04:51 ET (08:51 GMT). Bitfinex analysts said Bitcoin entered the latest Fed meeting with less leverage than equities after derivatives positions were cleared...