The US Court of Appeals for the Second Circuit issued a formal mandate upholding former FTX CEO Sam Bankman-Fried's conviction on seven felony counts and his 25-year prison sentence.
US spot Bitcoin ETFs recorded $620 million in inflows over consecutive days following a $116 million Coldcard wallet hack, sparking renewed debate among investors regarding the risks and security of self-custody versus institutional funds.
Next Technology Holding Inc. will execute a 1-for-100 reverse stock split on August 10, 2026, marking its second reverse split in under 11 months as outstanding shares rapidly expanded.
Defense tech company Hadrian announced a $1.37 billion funding round at a $7.87 billion valuation, backed by major investors to support its automated manufacturing facilities for military vehicle parts.
Two former Standard Chartered Bank relationship managers in Hong Kong were jailed for three years for swindling HK$28 million from 21 Japanese investors in a fake African development project scam.
Russian President Vladimir Putin signed bill No. 1194918-8, creating a regulated framework for cryptocurrency markets, exchanges, and service providers, while capping retail investments and maintaining payment bans.
China's upstream supply chain for multilayer ceramic capacitors is rapidly expanding capacity to meet surging global orders driven by the artificial intelligence boom.
Experts and insiders outline six key reforms for Fifa, including separating commercial and regulatory arms, introducing external EU-style regulation, curbing presidential powers, increasing financial transparency, rethinking development funding, and diversifying the electorate.
SpaceX shares fell 10 percent after Elon Musk announced massive capital expenditures of nearly $16 billion on AI infrastructure and data centers, despite posting stronger-than-expected quarterly revenues of $7.8 billion.
BlackRock announced a one-for-three reverse split for its iShares Ethereum Trust ETF (ETHA) to lift its nominal share price and potentially reduce trading spreads, as Ethereum's price declines weigh on the fund.
CNBC host Jim Cramer advised SpaceX investors to adopt a decades-long horizon following a 13.6% stock drop after the company's first earnings report. Cramer expressed confidence in Elon Musk's fundraising abilities and long-term growth projects like Starship and Starlink.
Grayscale XRP Trust ETF recovered 480,000 shares in Q2, covering 12.2% of its Q1 contraction. Despite positive share activity adding $12.743 million, $16.846 million in operating losses reduced net assets to $57.413 million.
Global markets react to corporate earnings, Fed rate hike warnings, diplomatic shifts in the Strait of Hormuz, and severe European drought impacts on nuclear energy.
JPMorgan CEO Jamie Dimon warned that financial market leverage is at record highs, cautioning that hidden borrowing could amplify disruptions. He also noted that structural demands could reignite inflation, while distinguishing current conditions from 2008.
SpaceX reported a smaller-than-expected loss of $541 million and a 90% jump in quarterly revenue to $7.8 billion in its first results as a public company, driven by soaring Starlink subscribers and increased AI spending.
Israel's resumption of strikes on the Gaza Strip aims to clear the region for US investor access to ports and offshore fields, according to Russian military expert Alexander Stepanov.
Robinhood unveiled Robinhood Venture Fund II (RVII), a publicly traded fund debuting August 13 at $25 per share, aiming to raise $200 million to invest in Y Combinator startups while charging traditional VC-style fees.
SpaceX shares fell nearly 9% in after-hours trading after its first earnings report revealed a net loss of $143m driven by a massive surge in artificial intelligence spending.
SpaceX shares fell 12% in premarket trading on Wednesday after the company reported a sixfold jump in second-quarter capital expenditures to $18.4 billion, largely driven by AI spending, in its first earnings report as a public company.
Former hedge fund manager Jim Cramer plans to sell his Bitcoin holdings, citing quantum computing threats highlighted by IBM CEO Arvind Krishna, while crypto investors reacted with the inverse Cramer meme.
HYPE ETFs (BHYP, THYP, HYPG) experienced $29.8M in net outflows over 12 trading sessions (July 17 - Aug 3, 2026), with BHYP absorbing the majority ($22.5M). Despite earlier strong inflows totaling $283M, recent outflows and a declining HYPE token price (-22.82% in 30 days) pose a durability test.
Hashdex is shutting down its $14.7 million Hashdex Bitcoin ETF (DEFI), giving holders until August 17 to sell before liquidation begins August 18 due to operating cost pressures.
BlackRock has launched tokenized share classes for six European money market funds, totaling $311 billion in assets. This move offers on-chain access to these funds via tokens minted on Ethereum by J.P. Morgan's Kinexys, targeting professional investors.
Seoul shares ended higher Tuesday as retail investors bought stocks following the previous session's plunge, while uncertainty over AI and the Middle East capped gains.
