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Bitcoin (BTC) News Today: August 3

Check out the latest and most interesting news related to the number 1 cryptocurrency. The primary cryptocurrency has experienced another pullback over the past few days. Potential reasons for the negative performance include the Coldcard exploit, waning institutional interest, and Strategy’s latest sell-off. Here’s everything you need to know. The Coldcard Drama Last week,…

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South Korea Unveils $14B AI, Data Center Fund Plan

The South Korean government said Friday it plans to establish a new strategic investment account within the state-run Korea Investment Corporation (KIC) with at least 20 trillion won, or about $14 billion, in initial funding. The fund is expected to begin operations next year after lawmakers consider amendments to the Korea Investment Corporation Act. According…

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Kalshi CEO invokes Nasdaq in $36B New York lawsuit

Kalshi CEO Tarek Mansour defended the prediction market operator on Aug. 3 after New York filed a lawsuit seeking at least $36 billion in damages, penalties and related relief.  Summary New York seeks at least $36 billion while alleging Kalshi operates an unlicensed gambling platform. Kalshi removed the case to federal court, temporarily sidelining New…

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