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U.S. tech firms vie for shrinking energy assets held by BTC miners who secure their share of the electricity supply for their AI and cloud computing data centers.

It's definitely a first in British history. Digital assets such as crypto and NFTs will now be considered as personal property by UK law.

Now that's overwhelming!

Spearheaded by Trump’s sons, Eric Trump, Donald Trump Jr, and 18-year-old Barron Trump, the DeFi project will be built on AAVE and Ethereum. It is built to facilitate decentralised borrowing and lending.

Over 65% of all Bitcoin in circulation has remained unmoved for over a year, highlighting a major trend of long-term holding. This suggests strong investor confidence in Bitcoin's future potential and stability as a store of value, despite market volatility.

On Aug. 21, crypto scammers were able to get over $700k in Solana after using McDonald’s Instagram page to promote and rug a memecoin called "Grimace." The coin was described as a “McDonald’s experiment on Solana,” which was exposed to the fast food titan's 5.1m followers.

Blockchain analytics platform Arkham Intelligence reported that the Salvadoran government has added 162 Bitcoin to the country’s holdings, amounting to 5,851 BTC or $356.4M.

As the U.S. struggles with the stagnation on crypto regulation, the Brazilian Securities and Exchange Commission raised the go signal for its 2nd Solana ETF which is being offered by Hashdex. The news comes just 2 weeks after the investment vehicle was greenlit.

While there is a 12% drop in BTC's price during Q2, institutional investors are actively looking into BTC ETFs. Bitwise reported a 14% surge in institutional holders, a climb from 965 to 1,100 in the previous quarter. Said institutions are now managing over $11B in BTC ETFs.

Institutional interest in Bitcoin ETFs surged in Q2 2024, with 1,008 institutions now holding them, up from 874 in Q1. Despite sluggish price action and fading retail interest, institutions are doubling down, reflecting growing confidence in Bitcoin's long-term potential.

Dubai's Court of First Instance has recognized cryptocurrency payments for salaries under employment contracts. The ruling, based on UAE law, highlights the importance of clear contracts, as long as they comply with public policy and legal standards.

Apple announced Tap to Pay on iPhone, allowing merchants across the US to accept Apple Pay, contactless cards, and digital wallets with a simple tap, without extra hardware. Stripe will be the first platform to integrate this feature, with others to follow later this year.