Crypto-backed Michigan House incumbent loses primary despite $2M PAC support

A Midwest Democratic primary that raised accusations of payback from the cryptocurrency industry ended with the unseating of two-term incumbent Shri Thanedar.

Western Union brings stablecoin remittances to Visa network with Stablecard

The remittance giant is rolling out Stablecard across 37 markets, targeting cross-border payments and consumers seeking US dollar-denominated savings in volatile economies.

An AI data center firm just raised $25 million, but 90% of it vanishes in days to pay off one massive loan

Principal alone would absorb 89.5% of headline gross proceeds, while the warrant structure can add 11.7 million shares. The post An AI data center firm just raised $25 million, but 90% of it vanishes in days to pay off one massive loan appeared first on CryptoSlate.

Coldcard exploit could boost demand for regulated bitcoin exposure, analysts say

Circle Taps Visa, Mastercard and BlackRock as Validators for September Arc Launch

Circle's USDC distribution deal with Coinbase has been renewed on existing terms, and Arc's testnet has processed half a billion transactions.

Eliza Founder Declares AI Token 'Dead,' Shuts Down Foundation After Lawsuit Settlement

Shaw Walters says Eliza's token is no more after a class-action settlement drained the project's remaining funds.

How dumping 1,200 Bitcoin helped a cellular chipmaker completely erase its debt and double its cash

The chipmaker ended June with 314 unrestricted coins after sales helped erase convertible debt and lift cash to $21 million. The post How dumping 1,200 Bitcoin helped a cellular chipmaker completely erase its debt and double its cash appeared first on CryptoSlate.

Crypto Long & Short: Putting the bitcoin sizing question to the test

Gold hits 6-week highs on China demand as Bitcoin ignores fresh S&P 500 record

Gold and US stocks stole the limelight on Wednesday as Bitcoin failed to gain significantly beyond $64,000.

Strategy’s STRC rebounds 30% as company builds cash reserve, bitcoin price stabilizes

Crypto whales accumulate as bear market nears late stage: CryptoQuant

Bitcoin, Ethereum and XRP whales increased balances during market weakness, as CryptoQuant said large holders are absorbing supply ahead of a possible bottom.

BlackRock’s rare ETHA reverse split is about to make trading Ethereum 70 times cheaper than Coinbase

BlackRock is preparing a one-for-three reverse split of its iShares Ethereum Trust ETF (ETHA), a structural change that will lift ETHA’s share price and could reduce its effective trading spread without changing the value of investors’ holdings. ETHA’s sponsor approved the reverse split on July 31,

Do the Coldcard attacks mean all hardware wallets are now insecure?

The Coldcard entropy flaw caused a crisis of confidence in hardware wallets. Here’s the details you need to know before you entrust Ledger, Trezor or Foundation with your Bitcoin.

Nomura’s Laser Digital backs ZIGChain for onchain private credit push in UAE

Galaxy reports $85M net loss amid Q2 crypto market slump

Galaxy Digital reported an $85 million net loss driven by falling digital asset prices and $8.7 billion in revenue that missed Wall Street estimates.

Crypto may have institutionalized, but it still trades like a rumor mill

Ondo Finance hires former Blockchain.com CFO Adam Schlisman

Mastercard, Borderless test shared identity checks for stablecoin transfers

Mastercard and Borderless are exploring ways to bring more trust into cross-border stablecoin transfers through the payment processing giant’s Crypto Credential framework.

Anthropic's Claude Mythos 5 'Targeted Real People' in UK Cyber Tests: AISI

Anthropic's LLM and OpenAI's GPT-5.6 Sol took "unsanctioned action" on the live internet, the UK's AI Security Institute said.

Galaxy Digital shares slip 5% after second-quarter results