Three bitcoin investors say they lost nearly $1.8 million after downloading a fake Sparrow Wallet from Apple’s App Store and entering their recovery phrases. The lawsuit now challenges Apple’s app review practices as crypto scams continue targeting mobile users.

A group of 134 banking association officers and bank leaders from across the United States is urging the Senate to revise the CLARITY Act before final passage, warning that stablecoin incentives could challenge the role of bank deposits.

Thailand’s Securities and Exchange Commission (SEC) filed a criminal complaint against crypto exchange Bitkub Online and two former directors for allegedly making false entries in official reports between May and October 2021.

Dragonfly managing partner Haseeb Qureshi says crypto venture capital could lose relevance as dominant platforms capture more users and liquidity. The warning comes as the number of active crypto investors falls to its lowest level since late 2020.

SEC Chair Paul Atkins says he is optimistic Congress will pass the CLARITY Act, a landmark crypto market structure bill designed to create clearer digital asset rules. The Senate review now becomes the key test for whether the U.S. will establish its first comprehensive crypto market structure framework.

Michael Saylor says Bitcoin can grow 100-fold and become the foundation of global capital, but warns changes to consensus rules could threaten scarcity, security, and the network’s long-term value.

Zcash activated its Ironwood network upgrade on Tuesday, replacing its vulnerable Orchard shielded pool with a hardened system designed to restore independent verification of the cryptocurrency’s circulating supply.

Bitcoin experienced a sharp sell-off on Tuesday, briefly dropping to an intraday low of $62,684 before partially recovering to trade around $63,600.

U.S. District Judge Katherine Menendez blocked Minnesota from enforcing the first state felony ban on prediction markets days before its Aug. 1 start. The ruling gives Kalshi and Polymarket US broad temporary protection, even as the judge found that entertainment and other contracts may fall outside federal swap regulation.

Emirates has launched Crypto.com Pay on its website and mobile app, giving eligible UAE residents a new way to pay for flights priced and settled in Emirati dirhams.

More than 60 cryptocurrency companies, blockchains, and decentralized finance (DeFi) protocols shut down or filed for bankruptcy between January and July 2026, a pace that accelerated sharply in the final weeks of July.

Morgan Stanley has launched exchange-traded products tracking ether and solana, expanding a digital asset lineup that began with bitcoin. Their 0.14% fees and staking plans raise the competitive pressure on established crypto fund managers.

Galaxy Digital has acquired roughly 500 acres in McGregor, Texas, marking the company’s second major data center investment in the state.

Former BitMEX CEO Arthur Hayes bought another $6.39 million in ether (ETH), pushing his total purchases to 7,213 ETH even though the position sits roughly $301,000 underwater. The Maelstrom chief investment officer’s buying streak follows a $606,000 loss he booked on ETH just weeks earlier.

Real Vision CEO Raoul Pal said bitcoin carries an 87% correlation to global liquidity, arguing the asset tracks the amount of money moving through the financial system rather than corporate earnings or the news cycle.