The most consequential crypto regulation bill in years is running out of runway. The CLARITY Act, formally the Digital Asset Market Clarity Act, is staring down a near-certain Senate defeat before lawmakers leave Washington for the August recess, and Bitcoin price is already absorbing the uncertainty, trading near $63,500, roughly -50% below its October 2025 all-time…
Indian electric vehicle startup River on Wednesday said it had raised $120 million to scale manufacturing for its next phase of growth. The Series C round was led by Indian investors Elev8 Venture Partners and Claypond Capital, with participation from Singularity AMC, Anicut Capital, 360 ONE Asset, JIF Capital, and HDFC AMC, alongside existing backers…
Key Takeaways South Korea’s KOSPI rebounded 18% on July 31, its biggest one-day jump ever, after a 33% crash over the rest of the month. Leopold Aschenbrenner’s AI fund sold to Citadel and a Microsoft earnings beat fueled the July 31 rebound. KOSPI still sits about 22% below its June close, and Four Pillar’s Steve…
The victim actually admitted that he received the bitcoin fortune through illicit activities. Eric Halem, a former Los Angeles Police Department officer with 13 years of experience, was sentenced for orchestrating a fake police raid that ended with the theft of $350,000 in BTC from a teenage crypto investor. Halem was sentenced to life…
Asia-Pacific companies are preparing to spend heavily on AI, but many still cannot prove what that spending is returning. A new KPMG survey found that 70% of companies in the region plan to invest more than US$50 million in AI over the next 12 months. At the same time, only 5% said they have established…
Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. Western Union is rolling out a dedicated digital wallet and Visa-backed payment card designed to let users store money in U.S. dollar stablecoins and spend it directly at traditional checkout counters. Dubbed Stablecard, the service…
Former LAPD reserve officer Eric Halem has been sentenced to life in prison plus 15 years for kidnapping and robbing a teenager of a hard drive containing about $350,000 worth of Bitcoin during a 2024 home invasion in Los Angeles. Summary Former LAPD reserve officer Eric Halem has been sentenced to life plus 15 years…
TL;DR: Wizards of the Coast revealed the first wave of commanders from Magic: The Gathering’s Mystery Booster: Commander Edition at Gen Con, displaying rule-breaking mechanics, deep MTG lore, and cards built around multiplayer chaos ahead of the set’s release. Magic: The Gathering has never shied away from weird card design, but Wizards of the Coast’s…
Key Takeaways SpaceX posted $7.8 billion in Q2 revenue, beating the $6.9 billion analysts expected. SPCX fell 6% to $118 after hours as capital spending hit $18.4 billion, above the $13 billion forecast. SpaceX’s bitcoin fell to $1.10 billion by June 30, and a 912 million-share unlock looms on Aug. 6. Revenue Beats, Losses Narrow…
PUMP is today’s top performer, followed by ZEC, LIT, and HYPE. After testing the $62,000 support on a couple of occasions since August began, bitcoin has managed to weather the storm and now sits above $64,000 as markets expect a Strait of Hormuz deal to be announced today. Most larger-cap alts have produced contracting…
