On Forge Global, Anthropic shares are hovering around $1 trillion while OpenAI trades at $880 billion — a reversal nobody saw coming three months ago.
SBI Crypto ceased operations of its Bitcoin mining pool in Japan on July 31, following a 64% drop in its seven-day average hashrate. This shutdown led to a temporary shift in block attribution, with Foundry USA, AntPool, and F2Pool collectively holding 60% of recent blocks, though the full impact remains unmeasured.
Coinbase CEO Brian Armstrong expects a consolidation of corporate blockchains, predicting that network effects will force weaker platforms to combine or retreat despite initial growth. He compares this to the stablecoin market, with Coinbase exploring a Base token to enhance neutrality.
Russia has expanded its cryptocurrency mining restrictions to Moscow, the Moscow Region, and parts of the Kursk Region, with the ban taking effect on August 15, 2026, and lasting until December 31, 2032, citing growing electricity demand.
Binance founder Changpeng "CZ" Zhao warned crypto owners about hardware wallet vulnerabilities after a Coldcard exploit drained over $70 million in Bitcoin. A flaw in firmware shipped in March 2021 allowed private keys to be guessed, affecting 1,196 addresses, prompting Coinkite to issue hotfixes.
Galaxy Research identified 1,196 addresses linked to a Coldcard wallet incident where 1,082.65 Bitcoin ($70.2 million) was lost on July 30. Coinkite, Coldcard's maker, acknowledged a firmware bug and released a hotfix, advising affected users to move funds to a new seed.
Bitcoin (BTC) dropped to a two-week low of $62,369 on Friday, facing pressure as US stocks closed the month. This decline occurred despite a rebound in Asian markets, with analysts warning of a potential August rollover mirroring 2022 bear market trends.
