Articles by Khal
Latest from Khal
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Dogecoin Co-Founder Markus Pays for Vegas Loop Ride with DOGE
Dogecoin co-founder Billy Markus said paying for a Las Vegas Loop ride with DOGE was the most crypto experience he's had, highlighting the 2022 integration Elon Musk's Boring Company announced.
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Bond market cools on rate hikes as inflation eases, shifting crypto risk calculus
A softer-than-expected inflation reading in mid-July unwound aggressive rate-hike bets, pulling Treasury yields lower and easing the opportunity cost of holding Bitcoin and other risk assets. The 10-year yield now sits near 4.40-4.48%, leaving crypto with limited cushion before risk-off conditions return.
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835B SHIB Moved Through Exchanges as Whales Rebalance Positions
Shiba Inu saw massive exchange activity in a single day, with approximately 835 billion SHIB moving through trading platforms. Large holders are actively managing positions around recent technical levels, though price momentum remains contested.
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Visa cuts 7% of workforce to accelerate digital payments strategy
Visa is eliminating roughly 2,600 jobs, or 7% of its workforce, to streamline operations and redirect resources toward high-growth areas including stablecoins and cross-border payments, CEO Ryan McInerney announced ahead of quarterly earnings.
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Binance routes law enforcement requests through government treaties, slowing investigations
Binance adopted a policy in April 2025 that routes most law enforcement requests through government treaties rather than direct cooperation, forcing investigators to navigate slower legal processes to obtain user information and combat crypto crime.
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EU AI Act mandates deepfake labeling from August 2, 2026
The EU's AI Act requires synthetic media labeling starting August 2, 2026, with fines up to €15 million for non-compliance. Blockchain-based systems are being positioned as technical infrastructure to verify content authenticity and metadata claims.
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Tesla signs power deal with KKR-backed Arizona solar and battery project
Tesla has agreed to purchase electricity from a 1 GW solar farm paired with battery storage in Arizona, developed by KKR's Stellar Renewable Power platform, signaling growing integration of large-scale renewable energy into corporate procurement strategies.
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MicroStrategy pauses Bitcoin buying, raises $525M cash instead
MicroStrategy ended a five-week streak of Bitcoin purchases, instead raising $525 million in cash and buying back $25 million of its own preferred stock as holdings sit underwater.
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Apple kept fake Sparrow Wallet app on App Store after $875K theft report
A federal lawsuit filed in July alleges Apple failed to remove a fraudulent bitcoin wallet app from its App Store despite a customer reporting an $875,000 theft, resulting in a second user losing roughly $840,000.
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Crypto traders rotate into AI and semiconductor stocks, draining memecoin liquidity
Retail traders from crypto are rotating capital into AI and semiconductor equities, causing a sharp liquidity squeeze in memecoin markets while amplifying volatility in semiconductor stocks as Korean and US exchanges see major shifts in trading activity.
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Myanmar Passes Death Penalty Law for Forced Online Scam Labor
Myanmar's military-backed parliament passed a law allowing the death penalty for forced online scam labor and life imprisonment for running scam centers or crypto fraud, marking the first bill under Min Aung Hlaing's civilian presidency amid a regional epidemic of scam operations.
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Bitcoin drops 2% as South Korea's Kospi tumbles 11%
Bitcoin shed roughly 2% overnight as South Korea's Kospi stock index fell 11% and the U.S. Senate postponed the Crypto Clarity Act, leaving the market awaiting the Fed's Wednesday rate decision.
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1inch launches Aqua shared liquidity protocol on 13 EVM chains
1inch opened Aqua, a shared liquidity protocol that lets providers use the same wallet balance to back multiple positions without splitting capital. The launch includes $1.37 million in incentives across 13 Ethereum-compatible chains.
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Hyperliquid volume doubles 100% in 24 hours; HYPE token falls below key moving averages
Hyperliquid's 24-hour trading volume surged roughly 100%, yet HYPE token declined 8% and slipped below critical technical levels, leaving the market uncertain whether the spike signals capitulation or further weakness.
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Cartoonist Sues Memes.ai Over Unauthorized Template Infringement
Elmer Saflor sued Memes.ai, alleging it sold subscribed access to his "Running Away Balloon" comic as an ad template searchable by name, sidestepping fair-use debates to target the platform supplier directly.
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BitMEX and BitMart shut down as crypto trading volume hits two-year low
BitMEX and BitMart announced closures as spot trading volume across major centralized exchanges fell to $1.05 trillion in April 2026, marking the lowest monthly total in 25 months. At least three other crypto firms filed for bankruptcy in the same period, signaling a broader contraction in the digital asset trading landscape.
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Judge Blocks Minnesota Prediction Market Ban for CFTC Exchanges
A federal judge blocked Minnesota's prediction market ban for CFTC-registered exchanges, finding that contracts on economic events likely qualify as regulated swaps—but sports and entertainment bets may not.
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Shiba Inu's 3rd Biggest 2026 Recovery Attempt Collapses at Resistance
Shiba Inu's strong recovery rally, marked by a 40% price surge and 12-fold volume spike, stalled near the 100-day moving average as sellers intervened. The breakdown canceled a bullish technical signal and left SHIB vulnerable to further losses.
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Ripple's RLUSD Stablecoin Launches on Upbit, South Korea's Largest Exchange
Upbit, which controls 70% of South Korea's crypto trading volume, has listed Ripple's RLUSD stablecoin across three trading pairs. The listing expands RLUSD's footprint following debuts on Kraken, Bitstamp, and OKX.
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Bitcoin ETF outflow vs. Ethereum inflow on July 27: $11.6M divergence
Bitcoin ETFs recorded an $11.6 million outflow while Ethereum funds saw a $9.2 million inflow on July 27, signaling divergent investor sentiment. Single-day movements like these can be volatile and may not reflect sustained shifts in market positioning.
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Bitcoin slides 2% as South Korea's Kospi crashes 10%
Bitcoin fell 2.7% to $63,200 following the U.S. market close Monday, while South Korea's Kospi index crashed 10% to its lowest level since mid-April, dragging the broader crypto market lower as macro stress dominates trading.
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TPG to acquire Netrality Data Centers from Macquarie in $2–$3B deal
TPG is negotiating to buy Netrality Data Centers, the largest privately held core network interconnection operator in the US, from Macquarie Asset Management in a deal valued between $2 billion and $3 billion. The transaction would rank among the largest data center deals of 2026 if finalized by fall.
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NYC Property Database Draws Crypto Executive Backlash Over Security Risks
A searchable database built from New York City's public property records has drawn criticism from prominent crypto figures, who warn it creates privacy and security risks for wealthy residents at a time when violent crypto-related attacks are surging globally.
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Prediction market traders raise July Fed rate hike odds to 27%
Traders on Polymarket and Myriad have pushed the probability of a Federal Reserve rate hike at the July 28-29 FOMC meeting to 27%, up sharply in 24 hours, as rising oil prices and inflation concerns reshape market expectations.