FTX Creditors Near $10Bn Total Recovery as July 31 Distribution Approaches
The FTX Recovery Trust will distribute approximately $900M to creditors on July 31, 2026, its fifth payout round, pushing total recoveries to nearly $10Bn since the exchange’s November 2022 collapse. For creditors who have not yet completed verification, a hard six-month countdown to claim eligibility begins on the same date, according to the FTX Recovery…
Chinese AI Researchers Are Finding Their Voice on X
The prevailing narrative in Silicon Valley is that Chinese AI models like Kimi K3 and DeepSeek R1 came out of nowhere. But the truth is that even if you never travel to China, there’s an easy way to get a sense of what Chinese AI researchers are up to: log on to X. In the…
CLARITY Act Push Hits 1 Million With 7 Days Before Senate Recess
Key Takeaways Stand With Crypto reports one million contacts supporting the bill. Officials warn the proposal could weaken safeguards and oversight. The widening dispute threatens action before the August recess. Million-Contact Campaign Intensifies Senate Pressure Stand With Crypto, a nonprofit crypto advocacy organization that mobilizes digital asset owners around legislation and elections, announced July 31…
SBI values Ripple stake at $41.2B despite XRP price slump
SBI Holdings has reaffirmed its exposure to Ripple, telling investors that its Ripple shareholding carries an estimated value of $41.2 billion despite weaker XRP prices and sluggish crypto market conditions. Summary SBI cited a ¥6.6 trillion valuation for its Ripple shareholding during its first-quarter earnings presentation. SBI’s crypto asset business posted a ¥1.4 billion pretax…
VC-backed startups commit more fraud, and researchers think they know why
A new report from the U.K.’s Imperial College and France’s Emlyon Business School has mapped out the ways Silicon Valley’s VC-backed founders commit fraud — and the role investors play. For the report, published online in June, researchers built a database of tech founders and companies who faced civil and criminal securities fraud prosecutions from…
Crypto News Today (July 31): BTC On a Knife Edge, Australia Sues Telegram, and Binance US Eyes Prediction Markets
In crypto news today (July 31), Bitcoin climbed -0.4% overnight and is sitting just below $64,000 following a turbulent week that saw the Fed freeze interest rates on Wednesday, although SEC Chair Paul Atkins hinted at hikes to come, which has caused a slight weakening of crypto assets and stocks alike. However, Bitcoin ETF flows…
GitHub Automatically Holds Suspicious Actions Runs, but Repository Owners Must Approve Them
GitHub is adding a human checkpoint before certain suspicious Actions workflows can run in public repositories. The company announced on July 28, 2026, that workflow runs it identifies as potentially malicious will be held before execution. A repository collaborator with write access must review and approve the run through an authenticated GitHub web session before…
Bitcoin Traders Lose $100M as BTC Drops $3K in 12 Hours
Key Takeaways Bitcoin fell nearly $3,000 on July 31, dropping to $62,369 after failing to hold $65,000. The crash wiped out $360 million in crypto bets, reducing Bitcoin’s monthly gains to 4.5%. Senate delays dropped the 2026 passage odds for Senator Lummis’s CLARITY Act to 30%. Federal Reserve Momentum Fades Bitcoin tumbled on the last…
Japan’s Bond-vs-Yen Dilemma Could Shake Bitcoin and Crypto: Analyst
A rapid unwind of yen-funded trades could trigger forced selling across markets, including cryptocurrencies. Bitcoin’s reaction to the Bank of Japan’s latest policy decision may look calm on the surface, but one analyst believes a much bigger liquidity risk is building beneath global markets. His warning came after the BOJ left its benchmark interest…
T-Mobile outage: You might be able to get credit on your bill
If your T-Mobile service was disrupted on Monday, you may be able to get some compensation for your troubles. Multiple outlets, including KTLA in Los Angeles, have reported that some T-Mobile customers have been able to get at least $20 off their next bill because of the outage. One Reddit user said they were able…
