NFT startup founder charged with misusing funds from $10 million fundraising
Federal prosecutors say Taj Tarsha misled backers and used investor funds for personal expenses. Source：CoinDesk
Bitcoin developers flag 85 critical bugs in an "extremely bad" situation
A volunteer group running AI models against bitcoin codebases says it is averaging roughly one critical bug per hour per person, at about $10,000 a day in…
S&P 500 has added crypto's $2 trillion market cap this month. Bitcoin is not impressed. Here's why
The S&P 500 just added roughly the entire crypto market's value this month. Bitcoin has barely moved, and the reasons go beyond the obvious. Source：CoinDesk
Bitcoin steadies above $64,000 as traders watch $100 billion SpaceX unlock
Korea's Kospi fell 4.4% as the AI trade wobbled, and $101 billion of SpaceX stock becomes tradable Thursday. Source：CoinDesk
Here are the possible outcomes for Clarity right now
The Senate has not yet indicated if it will advance the Digital Asset Market Clarity Act, and with its summer recess looming, here are the possible outcomes.…
Crypto firm RedotPay says it will defend itself ‘vigorously’ against Binance lawsuit
Binance alleged RedotPay poached customers from the crypto exchange in a lawsuit filed in Hong Kong. Source：CoinDesk
Crypto's campaign efforts see rare loss, but crypto roster in Congress likely to grow
The leading industry PAC, Fairshake, put $2 million into a Detroit Democratic primary but came up short, even as several PACbacked candidates won elsewhere.…
Coldcard exploit could boost demand for regulated bitcoin exposure, analysts say
Cantor sees positive readthrough for crypto custody providers, while FRNT says the breach could drive some investors toward bitcoin ETFs. Source：CoinDesk
Crypto Long & Short: Putting the bitcoin sizing question to the test
In a followup to his essay on sizing crypto risk, Lionsoul Global's Gregory Mall backtests bitcoin in a 60/40 across bull, bear and sideways regimes, showing…
Strategy’s STRC rebounds 30% as company builds cash reserve, bitcoin price stabilizes
Bitcoin sales, what is now a $4 billion cash reserve, and a $975 million repurchase program, have supported STRC’s recovery. Source：CoinDesk
Nomura’s Laser Digital backs ZIGChain for onchain private credit push in UAE
Laser’s investment in ZIGChain is understood to be in the high singledigit millions. Source：CoinDesk
Crypto may have institutionalized, but it still trades like a rumor mill
The more institutional crypto becomes, the more it prices on headlines. The edge now is reading the positioning data underneath, not reacting to the narrative…