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Author: James Wilson
Nigel Farage has returned to the UK Parliament with 63.34% of the Clacton by-election vote, restarting an investigation into a $6.7 million gift and other support from two crypto-linked figures. Summary Farage won 22,239 votes after the UK’s main political parties stayed out of the contest. Parliament is investigating whether he failed to register financial interests under House of Commons rules. The inquiry covers a $6.7 million gift from Christopher Harborne and benefits funded by George Cottrell. Labour lawmakers have proposed turning the UK’s temporary ban on political crypto donations into permanent law. The UK Parliament’s Parliamentary Commissioner for Standards…
Ireland has introduced its first national anti-money laundering strategy through 2030, placing enhanced checks on private-wallet transfers and overseas crypto firms among its main digital-asset controls. Summary Ireland’s first national AML strategy will guide financial crime policy through 2030. Crypto firms must apply enhanced checks to certain transfers involving self-hosted wallets. Ireland ended its 12-month MiCA transition period in December 2025. Gambling regulators must develop crypto source-of-funds standards by the second quarter of 2027. Ireland’s crypto strategy increases transfer checks Ireland’s Department of Finance said on Thursday that the national AML strategy will coordinate the country’s response to money laundering,…
SpaceX has completed its $60 billion stock-based acquisition of Anysphere, bringing the Cursor coding platform into its SpaceXAI business as SPCX shares fell during Friday trading. Summary Cursor has become a wholly owned SpaceX subsidiary after the merger took effect on Aug. 14. Cursor investors will receive 389.3 million SpaceX Class A shares under the transaction. SpaceX shares traded as low as $135.53 before recovering to about $140. Morgan Stanley has retained a $300 target and a $600 bull case for SPCX. An SEC filing dated Aug. 14 showed that SpaceX completed the acquisition through X67 Inc., a subsidiary formed…
Coinbase and Ripple executives have been named among the expected attendees at an Aug. 19 White House meeting involving at least six crypto and prediction market companies. Summary Six crypto and prediction market firms are expected to have representatives at the White House meeting. Coinbase, Ripple, a16z, Chainlink, Paradigm, and Kalshi are among the reported participants. The CLARITY Act faces a Sept. 15 procedural vote requiring at least 60 Senate votes. CFTC advisers will meet one day later to discuss crypto, AI, and prediction markets. Semafor reporter Eleanor Mueller said executives from Coinbase, Ripple, a16z, Chainlink, Paradigm and Kalshi were…
BNB Chain has scheduled its Pasteur hard fork for Aug. 25, introducing three changes intended to strengthen cross-chain transfers, tighten validator controls, and raise tested transaction capacity from 1,237 to 2,324 transactions per second. Summary Pasteur will activate on BNB Smart Chain at 2:30 a.m. UTC on Aug. 25. Node operators must install BSC software version v1.7.7 before the upgrade. Two changes address cross-chain security, validator permissions, and governance voting. Internal tests raised transaction capacity from 1,237 to 2,324 TPS. BNB Chain said in an Aug. 14 announcement that Pasteur will go live on BNB Smart Chain at 2:30 a.m.…
Tokenization-linked stocks have fallen as much as 11.2% after legal and market concerns reportedly delayed the SEC’s planned innovation exemption for blockchain-based securities. Summary Bullish fell 11.2%, extending its decline from about 8% earlier in Friday’s session. Coinbase and Circle dropped 3% and 4.8%, respectively, as tokenization-linked shares weakened. The SEC reportedly faces questions about its authority and the exemption’s effect on existing market rules. Uniswap’s UNI also fell as the regulatory delay reached beyond publicly traded companies. According to fresh reports on Friday, the Securities and Exchange Commission was preparing to delay its innovation exemption again after the White…
Bitcoin price is down nearly 48% from its peak; SHR Miner gives BTC holders another way to put idle crypto to work
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Bitcoin’s 48% decline from its 2025 peak has holders exploring alternatives to selling, with SHR Miner promoting cloud mining as another option. Summary SHR Miner allows BTC holders to rent cloud computing power without buying or operating mining hardware. Users can select defined computing periods, monitor daily mining output and manage the process entirely online. SHR Miner says its AI-driven infrastructure spans 150+ data centers and serves more than 5 million users across 180+ countries and regions. Bitcoin remains…
StablecoinX shares have climbed more than 12% after the Nasdaq-listed company disclosed a 3-billion-token ENA treasury and reported its first quarterly results since going public. Summary StablecoinX held approximately 3 billion ENA tokens, equal to about 20% of the total supply. The ENA treasury was valued at $218.4 million, or about $9.09 per Class A share. StablecoinX recorded a $34.2 million quarterly net loss, largely caused by a non-cash impairment charge. Infrastructure services produced $62,372 in revenue during the final two weeks of June. StablecoinX values its ENA treasury at $218.4 million StablecoinX said in its Aug. 14 quarterly results…
Hyperscale Data has sold about 685 Bitcoin for approximately $43 million, cutting its holdings to around 275 BTC as it directs more capital toward its Michigan data center. Summary Hyperscale Data sold about 685 Bitcoin for approximately $43 million. The proceeds will primarily fund the continued development of its Michigan data center. The company retains about 275 BTC and plans to continue Bitcoin mining. Hyperscale Data expects to rebuild its Bitcoin holdings over time using mining production and available capital. Hyperscale Data said Friday that most of the proceeds will be used for the continued development and expansion of the…
Ethereum price has slipped to about $1,875 after sellers rejected its latest move above $1,900, leaving the $1,850 support zone and nearby liquidation clusters in focus. Summary Ethereum price traded near $1,875 after failing to hold above the psychological $1,900 level. Daily RSI fell to 49.72, while ETH remained below its 20-day and 50-day averages. Liquidation liquidity is concentrated near $1,925–$1,950, with downside clusters around $1,840–$1,860. U.S. spot Ethereum ETFs attracted $245 million during their fifth consecutive week of inflows. Ethereum price loses momentum below $1,900 According to data from crypto.news, Ethereum (ETH) price traded at $1,874.90 on Aug. 14…