Key Takeaways Russia banned crypto mining in Moscow and the Moscow region from August 15, 2026, to December 31, 2032. The ban addresses severe local power grid strain, targeting 65 data centers running on a 734 MW capacity. This follows similar restrictions in regions like Siberia, where previous bans successfully eased grid load. Russia Expands
Key Takeaways Brazil’s crypto purchases surged 135% to $14.68 billion in H1 2026, driven largely by stablecoin demand. Argentine banking groups are using subsidiaries to build peso-pegged stablecoins for institutional clients. The IMF urged Brazil to tighten its crypto regulations to address growing cross-border stablecoin flows. Stablecoins Eclipse Bitcoin in Brazil as Demand Hits $14.68B
Key Takeaways Fake IRS letters direct crypto holders toward a fraudulent portal. QR codes lead victims to websites built to resemble IRS.gov. Criminals seek wallet details, exchange logins, and personal data. Counterfeit Letters Exploit Growing Crypto Tax Anxiety The Internal Revenue Service (IRS) issued a fraud alert about fake letters targeting cryptocurrency holders on July
Key Takeaways Three suspects were arrested over a 12.3 billion won XRP scheme. The fake XRP platform promised monthly returns of up to 1.8%. Police traced 27.3 billion won through wallets linked to the case. Fake XRP Platform Vanished After Collecting Investor Funds The Seoul Metropolitan Police Agency announced July 30 that investigators had apprehended
Key Takeaways Grayscale pressed Senate leaders for a vote before the August recess. The CLARITY Act would create nationwide rules for digital asset markets. Supporters face a narrowing calendar and uncertain Senate vote count. Grayscale Presses Senate Leaders as Legislative Window Closes Digital asset manager Grayscale called on Senate leaders to bring the CLARITY Act
Key Takeaways Saylor identified the reported $5 billion authorization as old news. The June framework permits bitcoin sales but requires none. Earlier sales funded preferred dividends and rebuilt cash reserves. Saylor Pushes Back on Viral Bitcoin Sale Claim Strategy Executive Chairman Michael Saylor pushed back Aug. 1 on reports that Strategy Inc. (Nasdaq: MSTR) had
Key Takeaways Strategy held STRC’s dividend rate at 12% for August 2026, its highest rate since the July 2025 launch. STRC closed at $89.46 on July 31, about 10-11% below its $100 par value. Experts have warned the ratchet mechanism creates “a structure with a finite number of cycles.” A Rate That Keeps Climbing but
Key Takeaways A fair six-sided die roll supplies about 2.585 bits of entropy, per Claude Shannon’s formula. Coinkite’s documentation said that 50 dice rolls meet the 128-bit standard for a bitcoin wallet seed. Kevin Loaec’s Wizard Sardine analysis flagged risk in Coldcard tools beyond the main seed. Why a Die Roll Is So Difficult to
Key Takeaways U.S. spot bitcoin exchange-traded funds (ETFs) saw $265.4 million in net outflows on July 31, led by Blackrock’s IBIT. Spot ether ETFs bucked the trend with about $9 million in inflows on the same day. The reversal came a day after bitcoin ETFs pulled in $233.1 million on July 30. A Sharp One-Day
Key Takeaways Bitcoin traded near $63,000 after a Coldcard hardware wallet hack drained 1,082 BTC on July 30. Blackrock’s IBIT led $265 million in Bitcoin ETF outflows on July 31. Miners will decide on BIP-110 near block 961,632 as an eCash fork looms on August 21. The world’s largest cryptocurrency traded between roughly $62,300 and