Category: crypto

Fhenix and Canopy are integrating confidential computation into the Canopy Stack for building privacy-preserving onchain apps. The integration simplifies app development by allowing developers to add encrypted computation through a familiar TypeScript library. This approach keeps user data encrypted while being used, without the need for a separate cryptography stack.

Bitcoin price approached $65,000 after softer U.S. inflation data eased fears of a Federal Reserve rate hike. The total crypto market gained 0.9%, with BNB, Solana, and Hyperliquid rising. Gold and silver also advanced due to U.S.-Iran hostilities. Bitcoin miners saw significant gains. Traders remained cautious amid escalating U.S.-Iran conflict.

Evernorth Holdings, backed by Ripple, amended its SEC registration statement to include employment terms for three senior executives aiming for a Nasdaq listing and a $1 billion public XRP treasury. The company disclosed executive agreements worth up to $4.5 million in equity awards and plans to merge with Armada Acquisition Corp II.

The Major Cities Chiefs Association endorsed the CLARITY Act draft with new enforcement provisions. Police organizations support the bill, but unresolved disputes over political ethics, DeFi protections, and stablecoin rewards threaten its passage before the Senate recess. Banks want tighter restrictions on stablecoin rewards. Traders estimate a 30% chance of the bill becoming law in…

Binance has regained website access in the Philippines after PLDT restored the platform on its network following Globe Telecom’s similar move in May. The return is supervised by the SEC and subject to testing and compliance requirements. BlockShoals Technologies facilitates access through a sandbox license, with local payment channels pending integration.

Apple is facing pressure from US senators to reject memory chips from Chinese suppliers CXMT and YMTC due to concerns about their links to China’s military. The senators have given Apple until August 21 to confirm that it will not use components from these suppliers. Apple’s response will impact its future sourcing plans and financial…

U.S. Treasury Secretary Scott Bessent wants senators to vote on the CLARITY Act before the August recess. Disputes over ethics enforcement and the BRCA provision are hindering bipartisan support. Bessent supports the bill and urges Democrats to choose American leadership in digital assets over opposition. Traders are skeptical about the bill passing this year.

Crypto ownership in Canada has more than doubled since 2023, with 25% of Canadians owning crypto in 2026. Despite this increase, many investors still misunderstand platform protections and industry rules. The Ontario Securities Commission found that only about half of crypto owners checked if their trading platform was registered. Canada is also considering bans on…

Hyperscale Data sold 100 BTC to finance construction of an AI data center in Michigan. The Bitcoin-backed credit facility has a variable interest rate of 4.5% to 5%. The company retains 1,006 BTC. A 10-year contract with an AI provider could generate over $1.2 billion. Hyperscale Data’s stock rose 5% after the announcement.

Google is supporting a proposed $15 billion financing package for an Anthropic-linked data center in Texas. The project includes a 1.6 GW power plant and involves Google guaranteeing parts of Anthropic’s leases. This follows an AI infrastructure boom that has seen Bitcoin miners expanding into high-performance computing.