Digital Asset SPAC Delays Crucial Merger Vote, Leaving a Deeply Undercapitalized Old Glory Bank Waiting on a $50 Million Lifeline

Digital Asset Acquisition Corp. (DAAQ), a special purpose acquisition company (SPAC) aiming to merge with the parent of Old Glory Bank, has unexpectedly postponed its critical shareholder vote. The decision,…

Wife of former FTX executive seeks to preclude her husband’s guilty plea

In a significant legal maneuver within the Southern District of New York (SDNY), the legal defense for Michelle Bond has filed a motion to suppress evidence concerning the criminal conviction…

Crypto Industry Intensifies Political Spending as Protect Progress PAC Pours Millions Into Michigan Primary Race

The landscape of American electoral politics is undergoing a significant shift as digital asset stakeholders transition from passive observers to primary financial movers. Protect Progress, a political action committee (PAC)…

Bitcoin Just Slept Through Japan’s Rate Decision, But a Swollen Yen Short Is Quietly Threatening a Massive Margin Call

Bitcoin’s leverage gauges barely registered the Bank of Japan’s (BOJ) latest monetary policy announcement on Friday, August 1, 2026. Despite a notable increase in yen short positions leading up to…

Russia Extends Cryptocurrency Mining Ban to Moscow and Kursk Regions Amid Mounting Energy Grid Pressure

The Russian Federation has significantly expanded its regulatory crackdown on digital asset production, officially adding the federal city of Moscow, the surrounding Moscow Region, and strategic territories within the Kursk…

Solana Memecoin Launchpad Pump.fun Faces Backlash Over Layoffs Preceding Million Dollar Token Vesting

The Solana-based memecoin ecosystem has been thrust into a state of intense scrutiny following reports that Pump.fun, the industry’s leading launchpad for speculative assets, terminated several employees just months before…

VanEck Bitcoin ETF’s Zero-Fee Period Concludes, Setting New Fee Structure Amidst Market Dynamics

The zero-sponsor-fee period for VanEck’s Bitcoin ETF (HODL) officially concluded on July 31, marking a significant transition for the fund and its investors. As of July 30, HODL held $1.076…

Bank of Italy Study Reveals Fiat Frictions Neutralize Stablecoin Efficiency in Cross-Border Remittances

The promise of blockchain technology to revolutionize the global remittance market faces a significant hurdle in the form of traditional financial infrastructure, according to a comprehensive study released by the…

Ken Griffin’s Citadel Acquires Public Stock Portfolio of Situational Awareness Following Artificial Intelligence Market Downturn

In a move that underscores the ongoing volatility within the high-growth artificial intelligence sector, Ken Griffin’s Citadel has reportedly acquired a significant portion of the public stock portfolio belonging to…

How a PPE company’s highly publicized $32M Bitcoin strategy quietly expired without purchasing a single coin

Rectitude Holdings, a Singapore-based supplier of personal protective equipment (PPE), saw its ambitious $32.625 million financing facility, largely earmarked for Bitcoin acquisitions, expire on October 9, 2025, without a single…