‘Picks and shovels’ trade comes unstuck as AI hardware stocks plunge on competitive threat from China
Asian stocks sold off sharply on Tuesday amid reports that China is now capable of manufacturing DUV lithography machines. Source：MarketWatch
Lido upgrade aims to slash Ethereum’s validator count by one-third
Lido launched Curated Module v2, an upgrade that could reduce Ethereum’s validator count by onethird by consolidating validators and introducing new operator…
Lido begins moving $16.5 billion in staked ether to cut validator count by a third
The liquid staking protocol is consolidating 8 million ETH and requiring its professional node operators to post bonds for the first time. Source：CoinDesk
Garden Finance disables app as Blockaid reports $450,000 exploit
Garden Finance said no user funds or smart contracts were affected after an attacker compromised an independent solver’s offchain database and inserted…
CLARITY hopes fade, BitMEX shuts as lawsuit looms: Hodler’s Digest, July 26
Despite support from Goldman Sachs, Fidelity and law enforcement bodies, the Clarity Act’s chances dim. BitMEX to close as crypto consolidates into five big…
House passes bill on lawmakers using insider information for stock trading
According to Senator Elizabeth Warren, the House bill “won’t solve the problem“ of insider trading in Congress as lawmakers will still be allowed to own and…
World Foundation raises $52.5M in Pantera-led funding to expand World ID infrastructure
The organization sold locked WLD tokens to strategic investors as it seeks to grow its biometric identity network amid rising demand for human verification…
Pay raises keep shrinking. Here’s how much smaller they’ll be next year.
One solution is getting a different job — but that’s not so simple. Source：MarketWatch
‘I’m still confused’: I sold $80,000 in shares on June 30, so why didn’t I receive my dividend?
“To my surprise, the proceeds from the sale were credited to my moneymarket settlement fund.” Source：MarketWatch
As BitMEX exits, analysts warn crypto consolidation is accelerating
BitMEX’s shutdown marks the end of one of crypto’s earliest derivatives exchanges as analysts point to rising regulatory costs, market concentration and the…
Goldman Sachs CEO backs ‘not perfect’ CLARITY Act as vote expected soon
Goldman chief David Solomon will support the crypto market structure bill now in Congress, even as financial companies and banks are hesitant over provisions…
The SEC settles with Coinbase over its missing Gary Gensler texts
A new court status report reveals the agency will pay a flat fee to resolve a twoyear fight over what former Chair Gary Gensler knew about Ethereum.…