Minimalist News

Simply the latest news, updated on the hour.

Fri, Jul 31, 2026, 6:00 PM EDT

Crypto

AI Summary

  • Major crypto players like Tether and Bybit reported significant Q2 profits and expanded services, with Tether earning $1.5 billion and Bybit adding tokenized stocks as collateral, despite a general market downturn that saw Bitcoin prices dip to two-week lows.
  • Ex-FTX users are seeing funds released in a substantial $900 million distribution round, marking a significant step in the aftermath of the exchange's collapse.
  • A critical security flaw in Coldcard hardware wallets has led to an exploit draining approximately $38 million in Bitcoin, raising concerns about the safety of self-custody solutions and potentially driving users towards more regulated options like ETFs.
  • The burgeoning field of tokenized real-world assets (RWAs) is gaining traction, with RWA perpetual futures volume nearing that of Bitcoin on major platforms like Hyperliquid and Binance, signaling a growing appetite for institutional adoption of tokenized traditional finance assets.
  • Regulatory scrutiny in the US continues, with New York suing Kalshi over alleged illegal gambling and Circle securing a New York trust charter for its subsidiary, indicating an ongoing push for clarity and compliance within the crypto ecosystem.

Cointelegraph


CoinDesk


Decrypt


AMBCrypto


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