The Bitcoin network is expanding on an industrial scale, with power-hungry mining rigs driving energy consumption to unprecedented highs even as the flow of transactions slows to a trickle. Yet, the network seems to be under tension as rising hashrate and infrastructure collide with weak fee revenue and rare mempool clearings that leave miners earning little beyond the block subsidy. Summary Bitcoins mining network is growing into an energy-intensive giant, drawing more

The Hong Kong stablecoin bill officially takes effect. Financial authorities say they will start granting stablecoin issuer licenses early next year. Heres everything we know about the bill. Summary Hong Kongs stablecoin bill comees into effect on August 1, marking its historic debut.Stablecoin issuer licenses are expected to be granted by the HKMA starting early 2026. The license allows companies to issue stablecoins pegged to the HKD and USD as well as offer stablecoi

PLUME crypto could be headed toward a 40% rally as smart money accumulation intensifies, as its dominance in the RWA sector is on the rise. Summary Smart money wallets increased PLUME holdings by 56% in the past 30 days.A falling wedge pattern has formed on PLUME’s daily chart, with price nearing a breakout at the 50-day moving average. According to on-chain data from Nansen, wallets tagged as “smart money”, including high-performing funds, early adopters, and active

Crypto hacks and security threats are escalating again, with hackers stealing over $140 million across multiple platforms in July alone.  Summary Crypto platforms lost over $142M in July across 17 confirmed hacks.Attackers are laundering funds faster, often within minutes.CoinDCX and GMX were among the month’s largest exploit targets. According to data shared by blockchain security firm PeckShield on Aug. 1, total losses hit $142 million last month, up 27% from $111.

At least seven asset managers have filed amended registration statements for their proposed spot Solana ETFs with the U.S. Securities and Exchange Commission as potential approval draws closer.As of August 1, firms including Bitwise, Canary Capital, Fidelity, CoinShares, Grayscale, Franklin Templeton, and VanEck have submitted updates to their S-1 registration statements.What is an amended S-1 registration?For those unaware, an S-1 is a document filed with the SEC that companies use to register