Citadel Securities backs two rival crypto exchanges with $600 million as both chase the same Wall Street prize

Citadel Securities, the Wall Street market maker, now has $600 million in announced strategic investments across two rival crypto exchanges, each valued at $20 billion. Crypto.com announced its $400 million deal on July 16, 2026. Previously, on Nov. 18, 2025, Kraken disclosed an executed agreement for a $200 million investment at the same valuation. Together, … Read more

White House pushes back as key Democrats rejects CLARITY Act’s crypto ethics

The White House pushed back against the Senate Democrats’ rejection of the latest version of the CLARITY Act, with ethics remaining a major sticking point. The clash comes despite President Donald Trump’s decision this week to accept new ethics limits, reflecting how far apart negotiators remain as lawmakers try to advance sweeping crypto market legislation. … Read more

Galaxy puts $5 million behind Bitcoin’s race to migrate before quantum risk arrives

Galaxy Digital pledged up to $5 million on July 21 to help Bitcoin prepare for the quantum era. The initiative will back developers as they reach key milestones, while supporting research and a Quantum Advisory Council. Quantum computers cannot crack Bitcoin’s signature security today, but the program aims to get migration work moving before that … Read more

BitMine gets 98% of revenue from staking as a decade-long contract complicates an early exit

BitMine generated $45.743 million from staking and validation in the three months ended May 31, 2026, equal to 98.3% of its $46.535 million in total revenue, according to a Form 10-Q filed July 14. MAVAN, the company’s Ethereum validator network, therefore produced nearly all revenue reported for the quarter. BitMine held 5,416,945 ETH valued at … Read more

Louisiana just armed crypto ATM users with a legal cheat code to demand full refunds from unlicensed operators

Starting Aug. 1, Louisiana users may cancel a virtual-currency-kiosk transaction made on or after that date and demand a full refund at any time if the machine’s owner or operator was unlicensed when the transaction occurred. Act 482 puts the cost of an eligible refund on the operator. Eligibility depends on the operator’s license status … Read more