Recent headlines from the sources AlphaScala monitors. AlphaScala analysis is published in the main market section.
Stablecoin market cap fell $10B in June, the largest drop since Terra. But adjusted transaction volume hit a record $1.79T, up 63% from May. Velocity and real-world payments share tell the real story.
Hong Kong's banking regulator rated its own quantum defenses at 2.3 out of 10, with a four-year timeline to overhaul encryption as tokenized assets grow.
Armstrong pushes for Senate vote as Galaxy Research puts 2026 passage odds at 30%. Stand With Crypto will score votes, raising pressure on lawmakers.
HKMA's quantum preparedness index scores Hong Kong banks at 2.3/10, with half lacking post-quantum plans. The regulator targets full readiness by 2030 as tokenized assets grow.
The pivot to AI has failed to rescue digital-asset treasury companies, with K Wave Media down 71% since rebranding. Miners like Hut 8 and Coreweave, by contrast, have real infrastructure to repurpose for high-performance computing.
Crypto regulation: NY AG Letitia James warns CLARITY Act would strip state enforcement powers, as Senate weighs floor vote before August recess. Schwab backs bill.
The Senate prioritizes Russia sanctions, pushing the crypto clarity bill to the final days before the August 8 recess; an ethics provision on Trump's crypto ties remains unresolved.
Three users lost $1.8M in Bitcoin through a fake Sparrow Wallet on the iOS App Store. Apple faces a California lawsuit over false advertising claims.
SECZ approved seven fintech solutions including blockchain and tokenization platforms for its supervised sandbox, testing digital asset services under predefined parameters.
Dragonfly's managing partner Haseeb Qureshi says dedicated crypto venture capital could disappear before 2030 as the industry centralizes and fewer startups emerge. His firm just raised $650 million.
Siebert Financial partners with Kakao Pay Securities to tokenize South Korean equities for US investors, enabling after-hours trading and T+0 settlement. Regulatory hurdles remain.
Payward, parent of Kraken, acquires Magic Labs' wallet business, adding 60M wallets and 200K developers to its Web3 expansion, following $2B+ in recent deals.
Binance’s Android app disappeared from Google Play in Spain after the EU’s MiCA deadline. OKX Europe CEO says it’s tied to licensing. App still up in Poland.
Kraken parent Payward acquires Magic Labs' wallet-as-a-service business, adding embedded wallets to its enterprise platform. Magic has powered 60M+ wallets and $10B in stablecoin volume.
New York AG Letitia James warns the CLARITY Act would gut state fraud powers. The dispute over state authority, ethics rules and stablecoin rewards threatens Senate floor debate.
Claude AI chats leaked on Google search, exposing crypto wallet keys. Reddit users found shared conversations indexed by Google. Anthropic confirmed the gap. If you pasted a private key into a shared chat, assume it was public.
Coinbase CEO Brian Armstrong says AI agents will eventually complete more daily transactions than humans, making crypto programmable payment rails essential for autonomous software.
Franklin Templeton backed the CLARITY Act with BlackRock, Fidelity, and Goldman Sachs, pushing for federal crypto rules. Senate Republicans unveiled updated bill text.
The SOX index declined 20% from its highs as AMD dropped 7.8% and MARA and Riot fell 5%. Mining stocks correlated to chip weakness heading into a heavy tech earnings week.
Ondo targets $0.46 after breaking above Fibonacci resistance at $0.37. Ethena tests a descending trendline active since October. Audiera eyes $3.98 as Bitcoin steadies near $65,000.
BlackRock joined Fidelity and Goldman Sachs in backing the CLARITY Act. The Senate's crowded calendar and a 60-vote threshold leave passage uncertain as Congress faces a narrowing window.
Prime Minister Sanae Takaichi says she never approved the Sanae Token, as her chief secretary's communications with project backers draw scrutiny.
Procurify, BitGo, Cinchy, and Marqeta all launched new tools last week, with AI agents and stablecoin payments leading the charge into new markets.
New York AG Letitia James told a Senate committee the CLARITY Act would prevent states from prosecuting crypto fraud. Charles Schwab backed the bill. Thune may force a floor vote before recess.
Coinbase Chief Policy Officer Faryar Shirzad says the Clarity Act has bipartisan support and could get a House vote next week, despite opposition from some Democrats and banking lobbyists.
AMINA Bank is exploring a public listing with Cantor Fitzgerald's advisory support. The Swiss FINMA-supervised lender posted 69% revenue growth in fiscal 2024 and holds a MiCA license for EU market access.
SparkKitty malware found in Apple App Store and Google Play scans photos for wallet seed phrases. The SOEX app was downloaded over 10,000 times before removal.
The registration lets Securitize manage onchain vault strategies for clients, as tokenized assets near $37B in value.
Tether's gold-backed token XAUt received Shariah certification from Amanah Advisors, opening the door to Islamic banks and investors seeking compliant gold exposure. The token holds over $3.3B in reserves.
Tokenized assets hit $7.5B, triple the $2.7B from a year ago, led by Tether Gold and Pax Gold. Diversification into treasuries and real estate is underway, but concentration risk remains.