Strategy raised $544.5 million through MSTR stock sales as it repurchased $25 million of STRC shares and expanded its US dollar reserve to $3.75 billion. Strategy, the business intelligence firm that has built the largest corporate Bitcoin treasury, continued adjusting its capital structure last week through a combination of stock sales and preferred share repurchases....Continue Reading

BNY Mellon’s European subsidiary joined the MiCA register as ESMA added 15 CASPs, including banks and crypto platforms, in the third post-deadline update. European authorities added 15 crypto companies including a BNY Mellon unit to the Markets in Crypto-Assets (MiCA) framework register in the third update of regulated providers since the July 1 transitional deadline....Continue Reading

Brazilian police suspect the group of shipping around 6.5 metric tons of cocaine and laundering billions in Brazilian reals through crypto-enabled illicit money brokers. The Brazilian Federal Police last week busted an alleged international drug cartel thought to have trafficked around 6.5 metric tons of cocaine and laundered billions of reais in proceeds via methods...Continue Reading

Coinbase CEO Brian Armstrong says AI agents will expand crypto adoption, pointing to Base, USDC and x402 as key pieces of agentic finance. Coinbase CEO Brian Armstrong is pushing back against calls for crypto to pivot to artificial intelligence, arguing AI agents will instead stoke demand for crypto-based financial services. Armstrong took to X on...Continue Reading

The stablecoin payments company said client funds were unaffected and that the financial impact would be absorbed through its treasury reserves. Stablecoin payments firm Triple-A confirmed that unauthorized access to its treasury wallets resulted in the loss of company-owned digital assets. On Monday, the Singapore-based company said it detected the unauthorized access on Saturday and...Continue Reading

Users reported withdrawal delays and freeze notices as wallets attributed to BitMart fell to about $69 million and its BMX token extended an 81.5% weekly decline. Withdrawals from crypto exchange BitMart appeared to slow after it announced plans to wind down its operations.  On Monday, blockchain analytics account Lookonchain reported that only 58 wallets withdrew...Continue Reading

Blockaid said an attacker drained about $450,000 in USDT from Garden Finance’s HTLC contracts across Ethereum, Base, Arbitrum and BNB Smart Chain. Cross-chain bridging and atomic swap protocol Garden Finance temporarily took its app offline after blockchain security firm Blockaid reported an exploit targeting the protocol’s hash time-locked contracts (HTLC) across four blockchain networks. On...Continue Reading

Despite support from Goldman Sachs, Fidelity and law enforcement bodies, the Clarity Act’s chances dim. BitMEX to close as crypto consolidates into five big players. Despite wealthy memecoin entrepreneur Donald Trump agreeing to an ethics deal, the Clarity Act (CLARITY) is floundering as the August recess deadline looms. Senate Majority Leader John Thune doesn’t believe...Continue Reading

The decentralized storage provider says its network will continue operating during Chapter 11 as it explores a court-approved ownership mechanism for STORJ holders. Decentralized cloud storage provider Storj Labs has filed for Chapter 11 bankruptcy protection. The company said it plans to keep its network running while restructuring legacy liabilities and exploring an ownership pathway...Continue Reading

WEMIX suspended bridges, liquidity-pool trading and several services after an attacker compromised a WEMIX$-linked contract and moved 724,198 USDC.e. Layer-1 blockchain network WEMIX said an attacker moved about 724,000 in USDC.e tokens after compromising ownership of a contract linked to its WEMIX$ stablecoin and issuing tokens without authorization.  The abnormal transactions occurred on Sunday at...Continue Reading