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…
Betelgeuse, Betelgeuse! Astronomers capture clearest image yet of famous star's elusive companion
July 29, 2026
Astronomers have used the Very Large Telescope (VLT) in the Atacama Desert region of Northern Chile to discover the strongest evidence yet that the famous star Betelgeuse has a companion star. That means after a century of investigation, scientists are closer than ever before to conclusively identifying Betelgeuse as a binary system composed of two stars, Betelgeuse A and Betelgeuse B.
Betelgeuse…
Radio telescopes are designed to listen for signals from the stars and from distant galaxies, but scientists are also pointing out that these instruments can also track objects somewhat closer to home: junk in Earth’s orbit.
Engineers have used the famed radio…
The unique DJI Lito X1 drone is packed full of functionality and you can't buy it in the USA
July 29, 2026
Drones are more accessible than ever before, and DJI shows no signs of slowing down in its aggressive drive to take over the beginner drone market. The DJI Neo 2 is both affordable and impressive as a selfie, camera and FPV drone, but with the new DJI Lito X1, high-end…
Samsung Electronics has indicated it could eventually bring a more affordable foldable smartphone under its Fan Edition (FE) portfolio, but only when the category matures enough to justify such a move.
The comments suggest Samsung is keeping its options open even as competition in foldables is expected to intensify over the next few years. While the company currently dominates the premium foldable…
Sam Altman is ready to decelerate
July 29, 2026
OpenAI CEO Sam Altman says that it may be time to “pace” AI development so the world will be ready for it.
“We may have to pace the rate of AI development to give ourselves enough time for society to harden around some of these new capability levels,”…
The market for AI-generated voice models is massive. Creative use cases require AI voice models to be more expressive, while enterprises looking to automate customer support and sales ops need them to be more steerable.
Palo Alto-based Fish Audio wants to cater to all of…
Cursor makes its biggest India push yet ahead of SpaceX acquisition with localized pricing
July 29, 2026
Weeks before its expected acquisition by SpaceX closes, AI coding startup Cursor is making its biggest push into India yet, launching its first country-specific subscription as the company bets on one of the world’s largest developer markets to drive its next stage of growth.
On Monday, the startup introduced Cursor Start, a ₹649-a-month (about $7) subscription built specifically for India…
