Coinbase Head of Institutional Strategy John D’Agostino says he remains “relentlessly optimistic” the CLARITY Act passes, even as Wall Street odds-makers put the bill’s chances well below 50%.

U.S. spot bitcoin ETFs posted $265.4 million in net outflows on July 31, led by Blackrock’s IBIT, while spot ether ETFs pulled in roughly $9 million the same day.

SUI traded near $0.68 on August 1 as roughly 13.72 million tokens, worth about $9.9 million, unlocked on schedule, while a popular trader called the current price range a setup for a run toward $20.

Bitcoin slipped below $63,000 this week as a major hardware wallet security incident rattled confidence just as traders are preparing for two separate August events that could influence sentiment across the network.

A five-year-old Coldcard software flaw may have allowed an attacker to reconstruct private keys and sweep more than 1,100 bitcoin, prompting the wallet’s maker to blame the discovery partly on artificial intelligence (AI).

President Donald Trump is weighing a bipartisan ethics counteroffer for the CLARITY Act as Senate negotiators race to finalize crypto conflict-of-interest rules before the chamber’s August first week recess.

Zurich-based Sygnum Bank has connected its regulated cryptocurrency services directly to Bancastato’s online banking system, giving clients in Switzerland’s Ticino region the ability to buy, hold, and sell four digital assets without opening an account at a separate exchange.

Federal prosecutors are seeking approximately $47,000 in cryptocurrency allegedly taken from five victims through a technology-support and government-impersonation fraud scheme. The case reflects expanding efforts to recover digital assets after scammers convert victims’ cash through cryptocurrency ATMs.

The WNBA removed a video from its own social accounts after it showed Angel Reese and Paige Bueckers agreeing to a $400 wager on their teams’ next game. The league called the exchange lighthearted and declined to discipline either player, despite a collective bargaining agreement that prohibits wagers and attempted wagers on WNBA competition.

Strategy Inc. and Michael Saylor declared support for the CLARITY Act on July 31 as Senate lawmakers faced mounting pressure to advance comprehensive cryptocurrency rules. Their support connects the legislation with institutional adoption, market growth, and clearer protections for digital asset ownership.

HIVE Executive Chairman Frank Holmes said the firm’s AI compute GPUs are generating far more revenue per hour than its bitcoin mining rigs, as the company’s fiscal 2026 revenue surged 158% to $297.8 million.

Grayscale says onchain vaults could become the next crypto product to gain broad adoption in traditional finance. The structures resemble collateralized loan obligations but use smart contracts to manage assets and distribute returns.

Federal prosecutors allege the chief executive of a cross-border currency exchange business converted $750,000 into cryptocurrency for undercover agents before arranging payments tied to an alleged murder-for-hire plot. Authorities also claim the executive sent 25,000 USDT as part of the final payment after agents staged the victim’s killing.

An attacker exploited weak seeds generated by certain Coldcard hardware wallets to steal bitcoin worth roughly tens of millions from hundreds of addresses on July 30.

Chainalysis found that the Coldcard attacker stole roughly $30 million within 10 minutes after prioritizing the largest wallets. The $38 million-plus sweep reached 500 wallets and exposed lasting risks for seeds created on vulnerable firmware.