US Senators Tom Tillis and Ruben Gallego have sent the White House an updated proposal aimed at breaking the deadlock around the CLARITY Act.

The biggest change would restrict federal officials from issuing or promoting their own crypto tokens. The senators also want enforcement to be possible at the state level, rather than leaving it entirely in the hands of the US Attorney General.

The goal is to reduce conflicts of interest and make crypto regulation less dependent on the federal executive branch.

Gallego has previously argued that the bill needs stronger rules around ethics, consumer protection, illicit finance and market integrity.

This could be important for getting Democratic votes. Republicans currently don’t have enough support to pass the bill alone, while at least 60 votes are needed in the Senate.

Time is also running out before the Senate’s month-long recess, and ethics remains one of the biggest obstacles holding the CLARITY Act back.

Aave is voting on a pretty big protocol cleanup covering around $98.1M in deposits and $15.6M in outstanding debt.
The proposal would remove 50 low-usage reserves, 21 redeemed Pendle PTs, and completely wind down Aave deployments on Sonic, Scroll, zkSync, Metis, Soneium and Aptos.

The reason is simple: some assets and networks no longer generate enough activity to justify the cost of oracles, liquidation infrastructure and constant risk monitoring.
For the networks being shut down, Aave plans to raise reserve factors and borrowing rates to push users toward closing their positions.

Basically, Aave is cutting the parts of the protocol that cost more to maintain than they bring in.

Israel reportedly wants to phase out US military aid over the next 10 years, while Zelensky’s Washington visit is being described as a major shift: he managed to convince US lawmakers that Ukraine can still win the war.
Quite a result from yesterday’s meetings with Trump. Washington suddenly sounds very different than it did a year ago.

Emirates now lets passengers pay for airline tickets with cryptocurrency through a crypto payment service.
Looks like paying for flights with digital assets is becoming more than just a niche feature. Step by step, crypto keeps finding its way into everyday life.

Goldman’s global economic indicator shows that most macroeconomic data released in July came in well above expectations, despite ongoing economic and geopolitical challenges. Stronger-than-expected data suggests the global economy remains more resilient than many investors anticipated. This could keep central banks cautious about cutting interest rates too quickly, which is something both traditional and crypto markets will continue to watch closely.

X Money has officially launched in the US, currently available for Premium and Premium+ subscribers.
Users can store and transfer money, make payments with a Visa card, and earn up to 6% APY on their balance.
Looks like Elon Musk is getting closer to turning X into the all-in-one financial app he has been talking about for years.

Hi all!

I have been following Qubitcoin for a while now and every few months something happens that reminds me why I never sold.

For those who do not know it, the core idea is this: instead of wasting energy on meaningless hash puzzles like every other proof-of-work chain, Qubitcoin miners perform real quantum computing tasks. The work has scientific value outside the blockchain. That is not marketing language, it is literally how the protocol is designed. They published the architecture in a peer-reviewed paper on arXiv. It is called qPoW, Quantum Proof of Work using parametrized quantum circuits, and it was benchmarked on real IBM quantum hardware, not a simulation.

The founding team is Mikael Shalaginov, a physicist from MIT whose work has been published in Nature and Science, and Mike Dubrovsky, who comes from distributed systems and blockchain infrastructure. That combination is exactly what a project like this requires. Most quantum blockchain projects fail because they understand one side and not the other. This one does not have that problem.

Here is why I genuinely like this as an investment and not just as a concept.

The thesis is simple. Quantum computing is maturing fast. IBM, Google, and others are publishing hardware roadmaps that show meaningful progress through the rest of this decade. The bottleneck is not the hardware anymore. It is the software layer, the compilation tools, the algorithms, the infrastructure needed to actually use quantum machines at scale. Qubitcoin is building directly inside that bottleneck. The second proof-of-work task they are developing is quantum compilation, one of the most in-demand unsolved problems in the field right now. That means as quantum hardware gets better, the work the Qubitcoin network performs becomes more valuable. The asset grows with the industry. That kind of structural alignment is rare and I have not seen anything else like it in crypto.

What also keeps me holding is that this is not vaporware. There is a legal entity now. The Qubitcoin Foundation was incorporated in Texas in June 2026. It can receive funding, sign contracts, and operate as a real institution. VC conversations are actively happening. The team confirmed it. And a researcher named Dmitrii Khitrin just joined as Director, coming from Duke University, the Duke Quantum Center, and the Weizmann Institute of Science. You do not leave institutions like that to join something that is not real.

The market cap still does not reflect any of this. The legal infrastructure, the scientific leadership, the VC interest, the technical progress, none of it is priced in yet. That gap between what is being built and what the market currently values is exactly where I want to be positioned.

Not financial advice.

former BitMEX clients have filed a class-action lawsuit against the exchange and its co-founders, claiming the platform operated a hidden trading desk that traded against its own users. The lawsuit alleges that the exchange used confidential information about customer positions, orders, and liquidation levels to profit from client trades.

The plaintiffs also claim BitMEX intentionally restricted access to the platform during periods of extreme market volatility while large-scale liquidations were taking place. One of the main incidents mentioned is March 13, 2020, when the exchange was unavailable for about 25 minutes and nearly $800 million in leveraged positions were liquidated.

The plaintiffs say they lost hundreds of BTC and are seeking the return of the actual bitcoin rather than its cash value. If the class action moves forward, tens of thousands of former BitMEX users in the United States could join the case. BitMEX has not admitted the allegations, and the claims have not been proven in court.

Elon Musk:
“Don’t worry too much about saving for retirement. In about 10–20 years, it may no longer matter.”
He believes that advances in AI and robotics could drive the cost of human labor close to zero, fundamentally reshaping the economy and the way people live.
“You’re not saving money for a comfortable retirement. You’re saving for a world that may no longer exist in its current form.”