Latest news
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OpenAI releases emails to counter Apple trade secrets lawsuit
OpenAI published private messages and a detailed rebuttal challenging Apple's July lawsuit over alleged misappropriation of hardware trade secrets by former Apple employees, claiming the case rests on factual errors and employee confusion.
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AI drives over half of Africa's cybercrimes, INTERPOL 2026 report finds
INTERPOL's 2026 assessment reveals that AI is linked to 55% of reported cyber incidents in Africa, with losses surging to $484 million as organized scam centers proliferate and enforcement recovers only 20 cents per dollar lost.
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Clarity Act faces uncertain Senate vote as Toomey urges swift passage
Former Senator Pat Toomey publicly urged the Senate to pass the Clarity Act this week, legislation designed to divide regulatory authority between the SEC and CFTC. Market pricing for the bill's passage by end-2026 stands at 24.5%, down from 34% a week ago.
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37 Arrested in AI Data Center Protests as Movement Goes National
At least 37 people have been arrested during protests over AI data centers this year, according to reports. The arrests span communities nationwide where residents challenged projects over concerns about electricity, water, pollution, and transparency, signaling opposition expanding into a coordinated political movement.
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SpaceX Q2 2026 revenue hits $7.8B, 92% surge on Starlink growth
SpaceX posted Q2 2026 revenue of $7.8 billion, a 92% jump from Q1, exceeding analyst estimates. Starlink and its newly integrated AI division drove growth, though stock declines reflect investor concerns about spending discipline.
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Coldcard Bitcoin Exploit: $130M Stolen via Randomness Flaw
A flaw in Coldcard hardware wallets allowed attackers to brute-force private keys by exploiting weak entropy generation. More than 1,596 BTC have been stolen across confirmed waves, with a suspected fourth bringing the total to roughly 2,055 BTC worth approximately $130 million. Fixed firmware is now available.
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XRP Ledger launches native cross-chain transfers via Axelar
The XRP Ledger expanded its interoperability capabilities by integrating with Axelar Network, enabling native cross-chain asset transfers that settle in seconds. The move supports nine assets initially and reflects the ecosystem's shift toward production-grade tokenized finance infrastructure.
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Hyperliquid HYPE ETFs see $30M exodus after 12 sessions without inflows
Hyperliquid's HYPE ETFs recorded 12 consecutive trading sessions without inflows from mid-July through early August 2026, with $29.8 million in net outflows. BHYP absorbed the majority of redemptions as HYPE token declined 22.82% over 30 days.
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Coinbase, Visa, Mastercard back USDC alongside Open USD stablecoin
Executives at Coinbase, Visa and Mastercard said they plan to support multiple stablecoins, suggesting Open USD is another payments rail rather than a direct replacement for USDC. Circle's stock fell as much as 20% following the announcement.
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Coinbase Bullish on CLARITY Act as Passage Odds Plummet to 24%
Coinbase Vice Chair Ryan VanGrack told CBS News the CLARITY Act remains on track for passage before August recess, even as prediction markets show odds plummeting from 57% in June to 24% amid Senate Democratic delays.
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Spotify hits 300M paid subscribers despite price hikes in Q2 2026
Spotify crossed 300 million premium subscribers in Q2 2026, adding 7 million during the quarter despite price hikes across several regions. Revenue grew 14% year-over-year to €4.8 billion as the company expands into AI tools, fitness, and audiobooks.
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Hashdex shuts down Bitcoin ETF after failing to gain traction
Hashdex is liquidating its U.S. spot Bitcoin ETF (ticker: DEFI) after the fund accumulated only $14.7 million in assets under management. Trading will end August 17, with cash distributions to shareholders expected by August 28.
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Wells Fargo launches tokenized deposits for corporate payments
Wells Fargo will offer tokenized deposits to select corporate and commercial clients later this year, starting with dollar-to-pound transactions on its proprietary blockchain, joining JPMorgan and Citi in the institutional tokenization race.
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Fortitude Surpasses 60 MW Power Milestone With Nebraska Data Center Acquisition
Barry Silbert's DCG-backed mining platform Fortitude acquired a 12.5 MW data center in Nebraska for $4.7 million, pushing its total power portfolio beyond 60 MW. Silbert has stated that privacy coins like Zcash could achieve outsized returns if institutional adoption increases.
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Anthropic signs $10B compute deal with Volta and Bitdeer for Norway data center
Anthropic agreed to spend $10 billion on computing capacity from Volta Infra and Bitdeer Technologies over six years, securing access to a 133-megawatt Norwegian data center equipped with Nvidia's latest Vera Rubin chips. The deal underscores intensifying competition for AI infrastructure as Anthropic pursues an IPO.
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Dinari launches tokenized U.S. stocks for American investors
Dinari launched its blockchain-based stock offering to eligible U.S. investors, allowing them to trade 724 tokenized equities including all S&P 500 companies using USDC across multiple blockchains as competition in tokenized securities intensifies.
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Arizona, Pennsylvania, Illinois halt data center tax incentives over energy concerns
Three major US states have reversed or paused data center tax incentives, citing strain on energy grids and fairness concerns as hyperscalers expand operations nationwide.
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Runware Sonic Inference Pod deploys AI data center in three weeks
Runware unveiled the Sonic Inference Pod, a containerized compute unit housing over 1,000 GPUs that deploys in three weeks—roughly 50 times faster than traditional data centers. The company raised $50 million in its Series A, bringing total funding to $66 million.
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Apple's Vulnerability Cap Blocks $200K macOS Exploit Report
A Milan cybersecurity startup discovered a critical macOS privilege escalation worth $100K–$200K on the criminal market but couldn't file it after Apple capped submissions to combat AI-generated false reports.
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Binance delists ten crypto pairs in August citing low liquidity
Binance announced the removal of ten spot trading pairs in two waves this August, citing poor liquidity and trading volume. Four pairs delist August 7; six additional tokens follow August 17, with futures contracts settling August 8.
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Coldcard Firmware Flaw Exposes $114M Bitcoin Theft, Accelerates ETF Shift
A firmware vulnerability in Coldcard hardware wallets, active since March 2021, enabled attackers to drain over $114 million from more than 5,200 users by early August 2026. The incident is driving institutional and retail investors toward spot Bitcoin ETFs and regulated custodians as safer alternatives to self-custody.
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Tether Gold reserves surge 9.5% despite gold's worst quarter since 2013
Tether Gold's physical bullion backing grew 9.5% in Q2 even as gold fell 14.1%—its steepest quarterly decline since 2013. The tokenized commodity holder base expanded 6.5% to 253,000 users, signaling sustained demand during market weakness.
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BNY Mellon taps Galaxy for staking on crypto custody platform
Bank of New York Mellon has selected Galaxy to integrate staking capabilities into its digital asset custody service, allowing institutional clients to earn rewards on held assets pending regulatory approval.
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Treasury Secretary Bessent urges Fed rate cuts as core inflation cools to 2.6%
US Treasury Secretary Scott Bessent says core inflation is cooling and the Federal Reserve should cut rates to sustain economic growth. Core CPI dropped to 2.6% in June, down from 2.9% in May, with service inflation also easing.