Bitcoin
View all →Weak June Jobs Data Lifted Bitcoin to $62,000. Will Friday Send BTC Tumbling?
Bitcoin rallied to $62,000 following weak June employment data, but Friday's upcoming jobs report threatens to reverse the move. Softer-than-expected…
Bitcoin Is Now Calmer Than South Korea’s AI-Driven Stock Market
Bitcoin's annualized volatility has dropped below South Korea's KOSPI index in 2026, marking a notable shift in relative market stability. The Korean …
Bitcoin holds monthly gain, faces 'choppy' August as 'forced-selling' exhausted, analysts say
Bitcoin consolidated near $63,000 through late July, preserving a monthly gain despite sustained headwinds from economic uncertainty and rate-hike cha…
DeFi
View all →Why a DeFi platform ditched its consumer app to become the secret backend for tech giants
A major DeFi platform shifted strategy after revenue cratered during the bear market, abandoning its consumer-facing application to focus on infrastru…
Tokenized stock trading surged 288% in July, but one QQQ token drove most of it
Tokenized stock trading exploded in July with $2.9 billion in volume, a 288% jump from June. However, the surge masks heavy concentration risk. A sing…
Tether posts $1.5 billion operating profit in Q2 as reserve buffer falls by half
Tether reported a $1.5 billion operating profit for Q2 2024, driven by its core business of issuing USDT stablecoins. The company expanded its reserve…
Layer 2
View all →Exchanges
View all →Morning Minute: Coinbase Posts Surprise Loss as Crypto Trading Dries Up
Coinbase reported an unexpected quarterly loss as crypto trading volumes collapsed, signaling weakness across retail and institutional segments. The e…
Bank of Italy research suggests stablecoins aren't necessarily cheaper for remittances
Bank of Italy researchers conducted a mystery-shopping analysis comparing stablecoin remittances to traditional money transfer methods. The study foun…
Iran-linked exchange sent $676 million to Binance in alleged sanctions-evasion operation: Reuters
Shelbit, a Dubai-based cryptocurrency exchange, funneled $676 million to Binance as part of an alleged sanctions-evasion scheme involving Iranian enti…
Regulation
View all →Counting down the days: State of Crypto
The Senate's summer recess looms in one week, squeezing the legislative calendar for August and putting the Clarity Act's future in limbo. The bill, w…
What’s the Deal With Meta’s ‘Pervert Glasses’?
Meta's Ray-Ban smart glasses face mounting legal and regulatory pressure over privacy and recording capabilities. The devices, which integrate AI and …
AI Company Sues Town for Trying to Block Data Center Near National Park
An AI data center developer has filed suit against a Kentucky town blocking construction of a $4.8 billion facility near Mammoth Cave National Park. T…
Institutional
View all →Michael Saylor’s Strategy is now tracking bitcoin’s 200-week moving average
Michael Saylor's MicroStrategy has shifted its treasury management focus to track Bitcoin's 200-week moving average, signaling heightened attention to…
The reverse bridge: Crypto meets Wall Street using perps
Crypto exchanges have weaponized perpetual futures to blur the line between digital and traditional assets. Platforms like Bybit, Binance, and OKX now…
Strategy leaves preferred STRC dividend at 12% as price still below par
MicroStrategy's preferred STRC shares continue yielding a 12% dividend despite trading below their $100 par value. The company maintains this payout r…
Mining & Staking
View all →Bitcoin mining difficulty shrinks 14% from this year's high as plunging revenues force operators to pivot
Bitcoin mining difficulty dropped 14% from its 2024 high, reflecting a sharp contraction in mining economics that's forcing operators to shut down or …
Bitcoin Miner IREN Stock Surges 30% After CEO Says Demand Outstrips Supply
IREN stock rocketed 30% after CEO Daniel Roberts announced that demand for the company's AI computing capacity far exceeds production capacity. The bi…
Celsius-linked Bitcoin miner Ionic Digital gains 26% in Nasdaq debut
Ionic Digital, a Bitcoin miner with ties to the collapsed Celsius Network, surged 26% on its Nasdaq debut, closing at $62.90 and valuing the company a…
Security
View all →Coldcard’s 5-year flaw reveals hardware wallet testing gap: Kraken’s security chief
A critical vulnerability in Coldcard hardware wallets remained undetected for five years, exposing a systematic gap in how the security industry tests…
South Korean stablecoin outflows top $367M in June: Report
South Korean exchanges experienced $367 million in stablecoin outflows during June, extending an 18-month pattern of capital flight from the region. T…
Suspected 4th Coldcard attack wave sweeps 448 Bitcoin: Galaxy’s Thorn
A fourth wave of attacks targeting Coldcard hardware wallet users has compromised approximately 448 BTC, according to Galaxy Digital research head Ale…
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Proof of News covers Bitcoin, DeFi, regulation, and the crypto market — concise daily summaries for people who hold and follow the space.
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Articles retain original source links, separate summary from source reporting, and prioritize context over volume.