Washington State Court Orders Kalshi to Halt Sports, Election Event Contracts

A Washington state court has issued a final order requiring prediction-market platform Kalshi to stop offering a broad range of event contracts, including those tied to sports and elections. The Block reported on Aug. 13 that the court found Kalshi w

Fake Crypto Tax Emails Impersonating Korea’s Tax Agency Spread, Prompting Warning Against Clicking Links

South Korea’s National Tax Service urged users to exercise caution after hacking emails posing as notices about virtual-asset taxation began circulating. The agency said on Aug. 14 that phishing emails with subject lines including “Advance Explanatio

Morgan Stanley Says Protracted Hormuz Talks May Keep Oil Prices Elevated

Negotiations between the U.S. and Iran over the Strait of Hormuz are unlikely to reach a quick resolution, raising the prospect that uncertainty over crude supply will persist. Morgan Stanley wrote in an Aug. 13 report that the talks will probably tu

S&P 500 Hits Record Close as Softer US Inflation, Lower Oil Prices Lift Stocks

U.S. stocks rose across the board on August 13 as easing inflation pressures and falling oil prices boosted sentiment. The S&P 500 closed at a record high. The S&P 500 ended up 0.65% at 7,798.99. The Dow Jones Industrial Average rose 0.13% to 53,839.

Michael Burry Warns of Overheating in AI Investment Market as Unusual Credit Structures Spread

Investor Michael Burry, known for predicting the 2008 global financial crisis, warned that unusual credit structures are spreading in the artificial intelligence investment market. On Aug. 13, Burry criticized a large AI infrastructure financing vent

Mara Holdings Hit by Bitcoin Slump, Posts $611.3 Million Second-Quarter Net Loss

Mara Holdings posted a steep net loss in the second quarter of 2026 as a drop in Bitcoin prices outweighed higher mining output. Cointelegraph reported on August 7 that the company recorded a net loss of $611.3 million in the quarter, reversing from

US Spot-Bitcoin ETFs Take In $128.69 Million, Led by BlackRock

US spot-Bitcoin exchange-traded funds recorded net inflows of $128.69 million in one day. Data from Trader T on Aug. 6 showed BlackRock’s IBIT led the gains with $128.33 million in net inflows. Fidelity’s FBTC added $11.2 million. Morgan Stanley’s MS

US Senate Path for Clarity Act Murky as Ethics, Yield Disputes Intensify

The US Senate’s path for the Clarity Act, a digital-asset market structure bill, is becoming increasingly uncertain. A White House review of proposed changes to the bill’s ethics provisions, along with disagreements over yield on stablecoins, has cas

Coinkite Hack Exposes Hardware Wallet Flaw, Causing $130 Million in Losses

A firmware vulnerability in a hardware wallet used to store Bitcoin was exploited in a hack that caused about $130 million in losses. Bloomberg reported on August 6 that hackers exploited a firmware flaw in Coldcard devices made by Canadian hardware

Wall Street Falls as Mideast Tensions Send Oil Higher, Pressure Chip Stocks

Wall Street closed lower on August 6 as renewed tensions in the Middle East drove oil prices sharply higher and weighed on semiconductor shares. The Dow Jones Industrial Average fell 0.85% to 53,885.10. The S&P 500 declined 0.18% to 7,709.95, while t

Kospi Jumps Nearly 15%, Briefly Tops 6,500 as Foreigners Buy W8.91 Trillion

South Korea’s Kospi surged nearly 15% intraday on foreign buying, briefly breaking above 6,500. Semiconductor shares including Samsung Electronics and SK Hynix led the rally. As of 1:30 p.m. on July 31, the Kospi was at 6,426.77, up 833.21 points, or

US Spot Bitcoin ETFs Draw $233.15 Million, Extending Institutional Buying

U.S. spot Bitcoin exchange-traded funds recorded net inflows of $233.15 million in a single day, extending institutional buying. Trader T data showed U.S. spot Bitcoin ETFs drew total net inflows of $233.15 million on July 30. BlackRock’s iShares Bit

Bhutan’s Gelephu Taps Canada’s 3iQ to Manage Part of Bitcoin Treasury

Bhutan’s special administrative region of Gelephu Mindfulness City has appointed Canadian digital-asset manager 3iQ to oversee part of its Bitcoin treasury. Cointelegraph reported on July 31 that Gelephu entered into a partnership with 3iQ and gave t

Samsung Electronics, SK Hynix Jump More Than 20% at Open; Kospi Soars 14%

Schumer Introduces Bill to Create Anti-Corruption Bureau Targeting Trump Crypto Gains

Senate Democratic Leader Chuck Schumer has introduced legislation to create an independent anti-corruption bureau that would investigate and punish corruption at the federal level, including President Donald Trump’s cryptocurrency business. Cointeleg

This Week’s Key Economic, Crypto Events: Fed Rate Decision in Focus

<This week's major economic events> ▶ July 27 (Mon.): U.S. June durable goods orders (9:30 p.m. Korea Standard Time) ▶ July 28 (Tue.): OPEC meeting (7 p.m. Korea Standard Time); U.S. trade balance (9:30 p.m. Korea Standard Time) ▶ July 29 (Wed.): U.S

Wise Weighs Renewed OCC Bid Under US GENIUS Act Framework

Wise may renew its push for approval from the Office of the Comptroller of the Currency under the framework of the GENIUS Act, after the US regulator rejected its earlier application to establish a national trust bank. Cointelegraph reported on July

Binance Runs Monthly Employee Phishing Drills, Repeat Failures Can Lead to Dismissal

Binance, the world’s largest cryptocurrency exchange, conducts monthly simulated phishing attacks on employees and can impose disciplinary measures, including dismissal, on workers who repeatedly fail the tests. Jimmy Su, Binance’s chief security off

Korbit Unveils AI Agent Trading Tool Tied to ChatGPT, Claude

South Korean cryptocurrency exchange Korbit has unveiled an AI agent trading environment that uses generative AI tools such as ChatGPT and Claude for tasks ranging from price checks to order execution. Korbit said July 24 that it had launched an inst

Bitcoin Falls Below $65,000 as US-Iran Tensions Escalate, Oil Tops $100

Bitcoin fell below $65,000 as military tensions between the US and Iran intensified. International oil prices climbed above $100 a barrel, while US Treasury yields surged. Cointelegraph reported that Bitcoin fell to as low as $64,799 on Bitstamp on J

Iran Intensifies Strikes on Kuwait, Bahrain and Jordan to Pressure US Bases in Middle East

Iran has stepped up attacks on Kuwait, Bahrain and Jordan, in what appears to be an effort to pressure US military infrastructure in the Middle East, as all three countries host American bases. CNN reported on July 20 that Iran has escalated military

US, Iran Trade Blame as Ceasefire Deal Unravels and Middle East Tensions Rise Again

The US and Iran have effectively declared their ceasefire agreement defunct, with each side accusing the other of breaching the deal. Military clashes continued, and a tanker was struck in the Strait of Hormuz, adding to renewed tensions across the M

Kospi Volatility Tops 60%, Exceeding Bitcoin as AI, Leveraged ETFs Stoke Swings

Volatility in South Korea’s Kospi index has become so extreme that it has surpassed Bitcoin, as an AI-driven rally centered on Samsung Electronics Co. and SK Hynix Inc. collides with a surge in leveraged exchange-traded funds. Bloomberg reported on J

Bitwise Says DeFi Tokens Are Holding Up Better Than Bitcoin as Market Reassesses Sector

Bitwise said decentralized finance tokens may be undergoing a quiet market reappraisal after recently showing unusual strength relative to Bitcoin. In a report published July 10 and cited the same day by Cointelegraph, the crypto index-fund manager s

Polymarket Seeks US Futures Broker License to Offer Margin Trading

Polymarket has begun the regulatory approval process to offer margin trading in the US. Bloomberg reported on July 9 that Polymarket, through its subsidiary Coming Home GBA LLC, filed an application on July 3 with the National Futures Association for

US, China Strategic Oil Reserve Refill May Put Floor Under Crude Prices

The US and China are moving to rebuild their strategic petroleum reserves, a shift that could help limit further declines in global oil prices. Reuters reported on July 10 that major economies including the US and China plan to buy crude gradually ov

X Money Rollout Fuels Expectations for Crypto Payments on X

X, the social media platform formerly known as Twitter, has begun rolling out its in-house payment service X Money, fueling expectations that it could eventually add cryptocurrency payment features. Catenaa reported on July 2 that X started a phased

US Black Law Enforcement Group Backs CLARITY Bill, Citing Stronger Financial Crime Tools

The National Organization of Black Law Enforcement Executives, or NOBLE, has formally endorsed the CLARITY Act, a US bill to establish a market-structure framework for digital assets. It marks the first public endorsement of the legislation by a majo

Semiconductor Stocks Slide for Second Day as Wall Street Watches Rotation Into Cyclicals

Semiconductor stocks tumbled for a second straight session in U.S. trading, and Wall Street is increasingly focused on a rotation out of technology shares and into economically sensitive sectors that could persist for some time. Concerns about a pull

Shinhan Securities to Launch Tokenized Bond RWA Product in July

Shinhan Securities plans to introduce a tokenized real-world asset, or RWA, product backed by bonds it holds. The launch would add bonds from a regulated financial institution to an on-chain investment product, extending efforts to link traditional f