Binance users can now trade options with expirations as short as one day on gold and silver settled in USDT without owning either metal. The launch pushes the exchange deeper into traditional markets as crypto platforms compete for commodity trading activity.
Key Takeaways
Binance launched USDT-settled options tied to gold and silver prices.
Retail users can buy calls and puts but cannot sell…
Federal prosecutors allege a crypto investor orchestrated a scheme that caused about $20 million in losses. The case now heads toward a trial as investigators highlight the alleged misuse of investor funds and cryptocurrency exchanges.
Key Takeaways
Federal prosecutors…
Luno Eliminates 20% of Global Workforce as Automation Changes Crypto Exchange Priorities
July 30, 2026
Crypto exchange Luno is reducing its global workforce by 20%, though the exact number of impacted employees—including those in South Africa—has not been disclosed.
Key Takeaways
Digital Currency Group subsidiary Luno reduced its staff by 20% to build a leaner…
A group of 134 banking association officers and bank leaders from across the United States is urging the Senate to revise the CLARITY Act before final passage, warning that stablecoin incentives could challenge the role of bank deposits.
Key Takeaways
134 bank leaders urged Senate lawmakers to strengthen stablecoin interest and yield restrictions in the CLARITY Act.
Bankers warned incentives tied…
A Fake Crypto Wallet Reached Apple’s App Store — Three Users Say It Cost Them $1.8 Million
July 29, 2026
Three bitcoin investors say they lost nearly $1.8 million after downloading a fake Sparrow Wallet from Apple’s App Store and entering their recovery phrases. The lawsuit now challenges Apple’s app review practices as crypto scams continue targeting mobile users.
Key…
A Darknet Drug Ring Used Crypto to Hide Its Money—Binance Helped India Freeze Its Assets
July 29, 2026
India’s Narcotics Control Bureau dismantled the alleged “Team Kalki” darknet drug network with blockchain intelligence from Binance and the Data Security Council of India. The investigation helped authorities trace illicit crypto transactions, freeze cryptocurrency…
Coinbase CEO Brian Armstrong says artificial intelligence will strengthen crypto’s role rather than replace it. He expects autonomous agents to rely on stablecoins and blockchain networks for payments, trading and financial services.
Key Takeaways
Coinbase’s Brian Armstrong said AI agents will use USDC and Base for real-time payments.
Coinbase says 24/7 agent payments could deepen demand for…
A growing number of digital-asset treasury companies are pivoting toward artificial intelligence after crypto losses crushed their share prices. The strategy has yet to revive investor confidence, while former bitcoin miners have found more success repurposing infrastructure…
The CLARITY Act Is at the One-Yard Line: Coinbase Says ‘It’s Time to Get It Over the Finish Line’
July 28, 2026
Coinbase CEO Brian Armstrong intensified pressure for a Senate vote, portraying the CLARITY Act as a bipartisan breakthrough that could strengthen consumer protections, law enforcement authority, and American leadership in digital assets.
Key Takeaways
Brian Armstrong urged…
‘To Protect Them’: Bank of Russia Governor Defends Controversial New Crypto Purchasing Caps
July 27, 2026
Bank of Russia Governor Elvira Nabiullina rejected the notion of a divide created by the recently passed Bill No. 1194918-8, which establishes a framework for cryptocurrency regulation. She stressed that withdrawal of crypto abroad had no limitations for both qualified and non-qualified investors.
Key Takeaways
Russia’s new crypto bill caps non-qualified investors at a $3,800 limit to mitigate…
