Technology
Ethereum researchers are racing to close a zkEVM security gap before December
The better.codes contest puts Ethereum’s abstract security target against live certificates, but its score covers only koalaIRS12.
Sentiment: Neutral
Latest stories
Stablecoins
Trump-backed $4 billion USD1 stablecoin has wallet powers its own GitHub does not show
Justin Sun says USD1 can move funds from frozen wallets without holder consent as World Liberty seeks final bank approval.
ETF
The latest $1.61 billion crypto ETF surge risks grinding to a halt against a 30-year US Treasury yield spike
Four days of fund inflows now face a $183 billion Treasury auction window that can test the rally’s staying power.
Crime
US expands Iran-linked hacking case to 17 defendants over HBO’s $6 million Bitcoin ransom plot
US authorities say the alleged Iran network compromised thousands of academic accounts and caused millions in remediation costs.
Digital Asset Treasuries
This Nasdaq-listed crypto firm is swapping fresh Ethereum buys for an AI pivot
Intchains is betting a new mining chip and early-stage AI expansion can rebuild growth after revenue fell 94%.
Legal
Justin Sun keeps World Liberty fight public as its $4 billion stablecoin bank awaits final approval
Justin Sun’s lawsuit stays public as World Liberty moves its $4 billion USD1 stablecoin toward final federal bank approval.
Derivatives
US rule rewrite looms for $200B on-chain venue Hyperliquid as Trump signals onshore approval
The CFTC is exploring a legal path for Hyperliquid as Trump pushes to bring the $200 billion-a-month on-chain venue into the US.
Interview
SEC’s latest crypto rules only open a few of Wall Street’s ‘million doors’ – Bitwise CIO Matt Hougan
Bitwise CIO Matt Hougan says Wall Street’s crypto adoption now depends on fixing old trading rules and fragmented market infrastructure.
Mining
Zcash miner buys 9.4% of merger target that warns failed deal could end in liquidation
The private placement gives Zcash miner Fortitude 9.4% at a 22% premium while HeartSciences’ vote date remains unset.
Digital Asset Treasuries
Datavault wants to buy a bank and fund it with $35 million after reporting $1.4 million cash
The proposed BankWyse acquisition requires fresh closing finance while Datavault's going-concern warning remains unresolved.
AI
This Bitcoin miner just signed a $350 million AI deal, but it needs $185 million to make it work
HIVE must complete a massive Nvidia buildout before most of the contract can start generating revenue.
Bankruptcy
SEC faces Aug. 20 deadline to unlock $123 million recovery fund for Terra investors
The money has already been collected from Jump Crypto subsidiary Tai Mo Shan, but the regulator still has to decide who qualifies.
