The implementation of the Markets in Crypto-Assets (MiCA) regulation in the European Union has had a significant impact on the euro stablecoin market. MiCA, which came into force on June 30, 2024, has introduced new transparency and compliance standards for stablecoins across all 27 EU member countries 

 the Ronin Network, a popular gaming blockchain and the backbone of the play-to-earn game Axie Infinity, has experienced a major security breach. The network lost approximately $9.8 million worth of Ether (ETH) in a potential exploit . However, there is speculation that the exploit may have been carried out by a white hat hacker, also known as an ethical hacker, who performs exploits to identify vulnerabilities in crypto protocols 

 Galaxy Research has raised concerns about the long-term sustainability of Bitcoin layer-2 scaling networks, particularly rollups. While rollups have gained popularity as a promising method to maintain cheap, fast, and decentralized Bitcoin payments, the report suggests that they may face sustainability challenges in the future 

 The decision to reduce its Apple stake is surprising, as Buffett has been known for his long-term investment approach. Berkshire Hathaway's holdings in Apple were valued at $84.2 billion at the end of the second quarter, down from 790 million shares to 400 million shares  . Buffett has previously mentioned that selling "a little Apple" this year could benefit Berkshire shareholders if capital gains taxes are raised in the future 

 Sony Music, Universal Music Group, and Warner Music have filed lawsuits against AI music companies Udio and Suno, alleging copyright violations. These lawsuits mark the music industry's entry into high-stakes legal disputes over AI-generated content 

 Nvidia's upcoming artificial intelligence chips are facing a delay of three months or more due to design flaws. This setback could potentially affect major customers such as Meta Platforms, Google, and Microsoft, who have collectively ordered tens of billions of dollars' worth of these chips 

 Bitcoin miners have been facing significant challenges as their revenues have diminished since the fourth block reward halving. The drop in mining revenue has led to struggles for miners, with many finding it difficult to stay afloat in the industry 

 One of the main concerns highlighted in the report is the potential rise in base-layer fees due to the frequent posting of data by multiple rollups every six to eight blocks. This increase in fees could make smaller transactions less affordable and potentially impact the overall usability of rollups. To remain viable, rollups must generate sufficient fee revenue to secure their priority in the blocks, creating a competitive environment among them 

 Jersey City Mayor Steven Fulop has announced plans to allocate a portion of the city's pension fund to Bitcoin exchange-traded funds (ETFs) 
 
 
 
 
 
 
 
 
 
. Fulop, who has been a long-time believer in cryptocurrencies, expressed his intention to update the pension fund's paperwork with the United States Securities and Exchange Commission (SEC) to reflect the investment in Bitcoin ETFs 

 the US economy experienced a rebound in the second quarter, defying recession fears and showing signs of growth. The economy grew faster than expected, driven by a resilient labor market that supported consumer spending and increased business investment in equipment and factories 

 OpenAI recently announced the launch of SearchGPT, a prototype of its new AI-powered search tool. SearchGPT aims to combine the strength of OpenAI's AI models with information from the web to provide users with fast and relevant answers, along with clear and credible sources https://openai.com/index/searchgpt-prototype/ 

 Amazon is racing to develop its own AI chips that are cheaper and faster than those offered by Nvidia, a market leader in AI chips. The development of these custom chips is part of Amazon's strategy to reduce its reliance on costly Nvidia chips and gain more control over its AI infrastructure 

 TON (The Open Network) has introduced a new smart wallet standard called W5, which enables gasless transactions on the TON blockchain. This upgrade to the layer-1 blockchain's existing wallet smart contract allows users to use Tether (USDT) for gas fees when transferring USDT and Notcoin (NOT) for gas fees when transferring Notcoin. The W5 smart wallet is live in Tonkeeper and will soon roll out to TON Space and MyTonWallet 

 Efficiency and Innovation: The fusion of AI and blockchain platforms offers the potential for increased efficiency and innovation. AI can automate processes, analyze data, and generate insights, while blockchain provides a secure and transparent decentralized ledger. This combination can streamline operations and make the complex world of crypto more accessible to all 

 Fireblocks, a Web3 infrastructure platform, has recently launched a suite of tools specifically designed for startups in response to the growing number of early-stage blockchain ventures . The toolkit, called "Fireblocks for Startups," aims to provide startups with a robust and accessible infrastructure for building on the blockchain without the technical and operational complexities 

 Federal Election Commission (FEC) filings for the second quarter of 2024, the Trump 47 Committee, associated with Donald Trump's reelection campaign, received approximately $3 million in cryptocurrency donations from around 20 individuals since May. This surge in crypto donations came after Trump announced that his campaign would accept digital assets as contributions 

 Google Cloud is the first hyperscaler to introduce Codestral, Mistral AI's generative AI model explicitly designed for code generation tasks, as a fully-managed service Codestral helps developers write and interact with code through a shared instruction and completion API endpoint. 

 FBI Director Christopher Wray is currently testifying at a hearing before the House Judiciary Committee. The hearing is titled "Oversight of the Federal Bureau of Investigation" and focuses on the FBI's investigation into the assassination attempt against former President Trump and the alleged politicization of the agency under Director Wray's leadership 

 Kraken, a prominent cryptocurrency exchange, has successfully completed the distribution of Bitcoin (BTC) and Bitcoin Cash (BCH) to the creditors of Mt. Gox, a now-defunct Bitcoin exchange. However, despite initial concerns about potential selling pressure, creditors have not been actively selling their BTC holdings 

 The fund claims to be the first of its kind to be eligible for the Portuguese Golden Residence Permit Program, also known as the Golden Visa program. This program allows non-EU nationals to obtain a five-year residence permit in Portugal by making qualifying investments . By indirectly holding Bitcoin worth 500,000 euros (approximately $542,000) through the Unbound Fund, investors may become eligible for the Portugal Golden Residence Permit Program 

 President Biden framed his decision as a matter of saving democracy and passing the torch to a new generation Vice President Kamala Harris, who quickly secured enough delegates to win the Democratic nomination, is gaining support and hitting the campaign trail 

 Bitget Wallet has experienced significant growth in Japan and has become the second most popular cryptocurrency wallet in the country, following MetaMask. The introduction of Bitget Wallet Token (BWB) played a crucial role in this growth. Users earned BWB through various activities such as depositing coins, performing swap transactions, and completing referrals. The popularity of BWB was further boosted by Japanese influencers promoting the wallet 

 OpenAI, the company behind ChatGPT, has assigned a new research project to Aleksander Madry, who is a leader in AI safety. This move is part of a revamp of OpenAI's preparedness team, which evaluates the readiness of the company's AI models for artificial general intelligence (AGI) 

 Microsoft has announced a partnership with Lumen Technologies to expand its capacity for AI workloads. The collaboration aims to address the growing demand for AI capabilities at Microsoft's data centers. The shortage of data center infrastructure needed to deploy AI models has been a challenge for Microsoft, hindering its ability to fully capitalize on the technology's boom. 

 Ferrari has announced that it will be extending its cryptocurrency payment system to Europe after a successful launch in the United States. Starting from the end of this month, Ferrari's European dealers network will accept payments in cryptocurrency for its luxury sports cars 

 CryptoSlam, a Web3 data provider, has introduced a project called SlamNet to address the issue of fragmentation within the Web3 ecosystem. The collaboration involves CryptoSlam, Animoca Brands (a gaming and venture capital firm), and other contributors who will be announced later 
. The goal of SlamNet is to enhance the existing infrastructure within the crypto space and bring the Web3 ecosystem together, rather than further fragmenting it 

 Bitcoin miner IREN, formerly known as Iris Energy, has announced its venture into the artificial intelligence (AI) market. According to its July 23 Analyst & Investor Day presentation, IREN plans to launch a GPU pilot at its Childress site in Prince George. Additionally, the company has appointed Morgan Stanley as its financial advisor to evaluate monetization opportunities in the AI data center market. This move comes as other crypto mining companies seek to diversify their earnings 

 The conflicting statements from Trump regarding Dimon's potential appointment as Treasury Secretary have generated some confusion. While Trump initially expressed openness to considering Dimon for the role, he later denied having discussed or thought of Dimon or Larry Fink, CEO of BlackRock, for the position 

 Bitlayer Labs, a Bitcoin layer-2 chain, has successfully raised $11 million in a Series A funding round. The investment was led by Franklin Templeton, a trillion-dollar asset manager and one of the issuers of a spot Bitcoin exchange-traded fund (ETF) in the U.S. This funding round values Bitlayer at $300 million and brings its total funding to $16 million 

 Former President Donald Trump has denied considering JPMorgan CEO Jamie Dimon or BlackRock CEO Larry Fink for the role of Treasury Secretary if he were to be reelected. Trump stated that he doesn't know who suggested Dimon or Fink for the position and claimed that the idea may have come from the "Radical Left" 

 Senator Cynthia Lummis has released a report criticizing the Biden administration's proposed 30% excise tax on the energy consumed by Bitcoin miners. In her report, Lummis argues that increasing taxes on Bitcoin miners could lead to the industry leaving the United States, resulting in a reduction in tax revenues. She points out that Bitcoin miners have been able to sell excess energy back to the grid during peak demand, acting as a Controllable Load Resource for the grid. 

 Mt. Gox bankruptcy estate has begun making repayments in Bitcoin and Bitcoin Cash to some of the creditors . The repayments are being made through designated crypto exchanges as part of the rehabilitation plan . It is worth noting that the trustee is working to ensure that the repayments can be made safely and securely 

 political action committee (PAC) called Protect Progress, which is affiliated with Fairshake and backed by crypto companies, has spent at least $1.7 million on media buys to support Democratic candidates running for Congress in Arizona  . The PAC allocated over $1.3 million for a media buy to support Yassamin Ansari, who is competing for a seat representing Arizona's 3rd Congressional District . Additionally, approximately $415,000 was used for a media buy to support Andrei Cherny, who is runni 

 advisers to Kamala Harris's campaign have reached out to key players in the crypto industry, including Coinbase, Circle, and Ripple Labs, to develop relationships and gather input for a potential regulatory framework . The campaign's outreach efforts aim to present Democrats as pro-business and responsible in their approach to the crypto industry 

 Lucidworks, manufacturers are deploying planned Generative AI initiatives at a slower pace than anticipated due to concerns around accuracy 
. The study surveyed over 2,500 leaders worldwide involved in AI technology decision-making and found that 58% of manufacturing leaders plan to increase spending on AI in 2024, which is lower than the global consensus of 63% 

 Microsoft has decided to relinquish its board observer seat at OpenAI, a move aimed at addressing concerns related to antitrust scrutiny. The decision comes as regulatory authorities in the United States and the United Kingdom have raised questions about the extent of Microsoft's control over the AI startup 

 President Joe Biden's reelection campaign has faced challenges and concerns, with some analysts warning that he is losing ground in competitive states that will determine the outcome of the election . Democratic strategist Doug Sosnik wrote in the New York Times that if current trends continue, Donald Trump could potentially secure one of the most decisive presidential 

 The Stand With Crypto initiative in the United States involves listing the pro- and anti-crypto statements made by prospective candidates for federal, state, and local offices. Coinbase also launched a political action committee in May to support candidates in the 2024 election. The Canadian campaign is expected to advocate for crypto regulation and updates to the country's financial system, reflecting the appetite for change among Canadian residents 

 Ethereum exchange-traded funds (ETFs) are nearing launch as the U.S. Securities and Exchange Commission (SEC) engages in discussions about ETFs beyond just Bitcoin and Ethereum. The launch of spot Ethereum ETFs in the United States is expected to happen soon, with some sources suggesting that up to eight spot ETH ETFs could begin trading in the near future 

 A tech industry coalition called the Chamber of Progress has urged President Joe Biden to support comprehensive crypto regulation ahead of the upcoming U.S. presidential election. The coalition believes that backing positive crypto regulations would resonate strongly with young voters, particularly Gen Z and Millennial demographics, who show support for federal policies encouraging the use of digital assets 

 the CEO of the Singapore Exchange (SGX), Loh Boon Chye, stated that the exchange is currently not ready to allow cryptocurrency listings. In response to a question about accepting crypto listings, Loh mentioned that the ecosystem in Singapore is not prepared for such products at the moment. However, he also acknowledged that things could change over time as the ecosystem evolves and comes together, highlighting SGX's reputation as an innovative exchange or platform in the world 

 Residents in the town of Granbury, Texas, have raised concerns about noise pollution caused by a local Bitcoin mine. The continuous operation of the mine has led to disturbances, including ringing ears and rattling windows for the locals. Additionally, state lawmakers are worried about the immense energy consumption of these facilities and the potential for blackouts during peak demand periods 

 Bit Digital (NASDAQ: BTBT), a company engaged in bitcoin mining and digital asset activities, has recently shown signs of a significant bullish trend. Key technical indicators, such as the Golden Cross and bullish momentum, suggest a potential upside for the company's stock price. Despite facing challenges over the past year, Bit Digital's recent price movements indicate strong market potential and ongoing success in bitcoin mining 

 The collaboration between Block and Core Scientific involves the deployment of Block's new 3-nanometer (3nm) ASIC mining chips. This deal represents one of the largest ASIC procurement deals in terms of hashrate. The companies aim to deliver approximately 15 exahashes per second (EH/s) of hashrate, making it a significant Bitcoin mining ASIC deal 

 Mark Rutte, the former Dutch prime minister, is being considered as NATO's next leader. Rutte is experienced in dealing with Trump and has been praised for his tact in managing sometimes tense interactions with the former president . It is worth noting that Trump's stance on NATO was not necessarily against the alliance itself but rather against a NATO that he felt the Europeans didn't fully support 

 The move comes after Cboe successfully listed the first U.S. spot Bitcoin ETFs and secured SEC approval for rule filings to list spot Ether ETFs . The increasing investor interest in Solana, which is one of the most actively traded cryptocurrencies after Bitcoin and Ether, has prompted Cboe to address this demand 

 the crypto market experienced a recovery as the German government received back over $200 million worth of Bitcoin (BTC) from various exchanges. The German government entity, known as the BKA (Bundeskriminalamt), had previously seized almost 50,000 BTC in 2013 from the operators of Movie2k.to, a film piracy website 

 The MetaMask Delegation Toolkit offers a package of developer tools and smart contracts that enable dapps and protocols to build new experiences. It aims to streamline user experiences in various areas, including gaming and social networking, by automating complex user actions within decentralized applications (dapps) 

 The decision comes as part of Microsoft's global Secure Future Initiative, which aims to standardize employee cybersecurity practices. By requiring employees to use iPhones, Microsoft aims to ensure that all staff can use the Microsoft Authenticator password manager and Identity Pass app for identity verification when logging into work devices 

 spot Bitcoin exchange-traded funds (ETFs) have experienced significant inflows, with a total of $438 million invested in just two days. This surge in buying activity comes after a dip in the Bitcoin price, indicating that institutional investors and large-scale buyers are taking advantage of the opportunity to accumulate BTC at lower prices 

 a wallet associated with the Ethereum Foundation has made a significant move by transferring approximately 92,500 Ether (ETH) after seven years of no movement. The transaction, which took place on July 25, involved the transfer of roughly $290 million worth of ETH 

 Kraken, a prominent cryptocurrency exchange, has completed the distribution of Bitcoin (BTC) and Bitcoin Cash (BCH) to creditors of the defunct Mt. Gox exchange. However, despite the completion of the distribution, there has been no significant selling pressure on Bitcoin from the creditors. This observation is based on the trading volume data on Kraken, which suggests that the creditors are not actively selling their BTC holdings 

 Wall Street brokerages often provide coverage and analysis of various companies, including those backed by SoftBank Group. SoftBank Group is a Japanese conglomerate that has made significant investments in technology companies through its SoftBank Vision Fund. While I don't have access to the most up-to-date information on specific brokerages covering SoftBank-backed companies, I can provide some general insights.