Blockchain Report

@blockchainreport.bsky.social

All the necessary news about blockchain and crypto market

CLARITY Act passage window narrowing in Senate. Only 2 days before summer recess. Talks on illicit finance, agri, crypto profits for officials continue. If no vote, bill could wait till Sept, then face midterm election delays. Tight timeline! #crypto #blockchain #news

Bitcoin spot ETFs saw $244M net inflow on Aug 5, 3rd day of positive trend! BlackRock's IBIT led with $197M. Ethereum spot ETFs also saw $60.86M inflow, with BlackRock's ETHA taking $50.34M. Strong interest in digital asset ETFs continues! #crypto #blockchain #news

HKMA remains cautious on 2nd stablecoin batch. No definitive plans for new licenses yet. Focus is on supporting existing issuers, observing launches, and market demand. Open but cautious approach. #HKMA #Stablecoin #HongKong

Binance is launching perpetual futures for Coca-Cola (KO) & Reddit (RDDT) stocks! KOUSDT goes live Aug 6th, 17:00 (UTC+8), RDDTUSDT at 17:05. Trade stock price movements via crypto derivatives. #crypto #blockchain #news

GSR notes significant year-to-date drops in BTC, ETH, & SOL (SOL down >40%!). Their Core3 portfolio fell 57.78%. In response, GSR is increasing BTC allocation & reducing ETH exposure, citing market shifts. #crypto #GSR #Bitcoin #Ethereum #Solana

US & UK boost digital asset regulation! Focus on stablecoins, tokenization, cross-border payments & AI in finance. Aiming for comparable standards for stablecoins, requiring 1:1 backing with liquid assets for currency use. Next meeting: early 2027. #DigitalAssets #Regulation #Stablecoins

CFTC vows to defend its exclusive jurisdiction over commodity derivatives, pushing back against state-specific exchange regulations. Chairman Selig warns such attempts would undermine the US unified market system and lead to a "race to the bottom" in standards. #CFTC #derivatives #regulation

South Korean cryptocurrency exchange Bithumb has announced the upcoming listing of the UB/KRW trading pair. The new trading pair will become available on August 6th at 1:00 PM KST, according to an official announcement from the exchange. #crypto #blockchain #news

Citigroup is hiring a Director of Digital Asset Client Solutions to lead crypto custody & tokenized assets! This move signals their strategy to scale digital asset services from pilot to commercial, meeting institutional client demand for compliant solutions. #crypto #blockchain #news

ARK Invest made significant purchases of Circle and SpaceX on Wednesday, acquiring $17.3 million in Circle shares and $19.7 million in SpaceX shares. While Circle saw a marginal increase of 0.05% to $63.28, SpaceX experienced a notable decline, falling by nearly 14% to $108.27.

HK police arrested a 67yo woman for a crypto scam. She allegedly tricked 2 victims into investing HK$4.3M by posing as a property/parking space rental agent. Victims were led to malicious links via apps, giving up control of digital wallets and losing funds. She's a key member of the syndicate.

Glassnode: Bitcoin in "boring accumulation" phase w/ low volatility. Coldcard exploit & ETF outflows didn't spark sell-offs. Implied vol at historic low. Market showing signs of a bottom (low vol, low vol), but a classic bear market bottom isn't confirmed yet, per Glassnode.

Sapiom raises $35M Series A led by Dragonfly Capital, bringing total to $50M! 🚀 Platform launch w/ model routing & Agent dev env. Integrates open payment standards like Coinbase x402 for seamless AI interoperability. #AI #Funding #Web3

Circle extends Coinbase partnership, keeping USDC central on their platform. They'll also expand USDC distribution. CFO Jeremy Fox-Geen confirms no plans for a quarterly dividend, prioritizing growth and investments for superior long-term shareholder returns. #crypto #blockchain #news

Bitcoin Red Team finds 4,962 vulnerabilities in 390 projects during rapid audit (27.5 hrs). 85 critical, 635 high-severity. AI + human team confirms many issues locally. Goal: bolster Bitcoin ecosystem security. #Bitcoin #Security #OpenSource

Sam Blackshear, creator of Move & co-founder of Mysten Labs, joins Anthropic for defensive security research. He'll advise Mysten Labs & Sui projects, and co-found the Move Foundation. Evan Cheng leads Mysten Labs' tech direction. #crypto #blockchain #news

ZEUS Lightning Network wallet temporarily offline due to cybersecurity incident. Company states attack contained, no customer funds at risk. Audit underway, services expected to restore soon. LSPs impacted will get new channels. #crypto #blockchain #news

Nikita Bier steps down as Head of Product for X, moving to an advisor role. X saw major overhauls & nearly 30 new products in the last 400 days. Benji Taylor, Mridul Singhai, & Jonah Katz will lead design, core engineering, & mobile engineering respectively. #crypto #blockchain #news

Block revises 2026 financial projections upward! Square & Cash App shine with strong Q2 results. Despite net profit dip due to charges, gross profit hits $3.2B. Bitcoin segment saw a decline. #Block #Fintech #Square #CashApp #Bitcoin

Hong Kong insurance payouts now taxed as foreign income, but no clear rules yet. Tax authorities may be flagging policies based on data processing capability, not just policy value. Expect more clarity soon. #crypto #blockchain #news

Coinbase Markets will suspend trading for LSETH-ETH, MINA-EUR, GRT-GBP, MASK-GBP, CHZ-USDT, and CRO-USDT pairs on August 6, 2026. MINA-EUR, GRT-GBP, MASK-GBP, CHZ-USDT, and CRO-USDT are currently limit order only. LSETH-ETH will be fully suspended. #crypto #blockchain #news

Kraken parent Payward partners with Broadridge to enable proxy voting for eligible xStocks holders. Previously, xStocks (issued by Backed) lacked voting rights. This gives fractional share owners more comprehensive shareholder rights. (US/UK investors excluded). #crypto #blockchain #news

Lido DAO is voting on an automated buyback for its NEST mechanism, converting staking revenue into LDO tokens. Vote ends Aug 8th. Also, Lido Alliance BORG proposes Bryce Howarth as a new director. Vote ends Aug 10th. #crypto #blockchain #news

NFT startup founder Taj Tarsha (Few and Far) charged with securities/wire fraud. Accused of misappropriating over $10M from 67 investors in FAR token sales. Funds allegedly used for gambling, crypto, personal expenses. Max 20 yrs prison per charge. Arrested June 6. #crypto #blockchain #news