Headlines

CFTC Polymarket case paused over soldier’s $400K bets

A federal judge has paused the CFTC’s civil case against a US Army soldier accused of using classified information to earn more than $400,000 from Polymarket contracts tied to Nicolás Maduro’s removal. Summary Judge Andrew Carter stayed the CFTC’s civil enforcement case until the related criminal proceeding concludes. Prosecutors allege Gannon Van Dyke earned about…

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Keith Grossman Warns Crypto Must Prove Its Value as 100+ Projects Fold in 2026

Some projects attracted significant usage before closing, raising questions about whether activity alone can support viable businesses. Crypto is now experiencing a dot-com-style shakeout, with more than 100 projects reportedly shutting down, filing for bankruptcy, or disappearing in 2026, MoonPay President Keith Grossman warned on August 10. According to him, the slump is forcing…

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Bitcoin defenders seek frontier AI access in 40-group push

Bitcoin Policy Institute and more than 40 digital-asset organizations have called on leading AI laboratories to give qualified open-source security researchers controlled access to frontier models as AI-assisted cyberattacks grow more capable. Summary More than 40 organizations signed the appeal for trusted access to advanced AI models. The coalition requested early model access, computing power,…

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Strategy sells $108.6M Bitcoin to fund STRC buyback

Strategy sold another 1,690 Bitcoin last week and directed the entire $108.6 million in proceeds toward repurchasing its STRC preferred stock. Summary Strategy sold 1,690 BTC for $108.6 million at an average price of $64,262. The company repurchased 1.15 million STRC shares using the sale proceeds. Strategy raised another $653.1 million by selling 6.59 million…

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