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MAGNE.AI Secures $2.64M Strategic Funding for Edge AI, Agentic Payments and On-Chain Infrastructure

Coins Legend August 5, 2026 0

Road Town, British Virgin Islands, August 5th, 2026, Chainwire. MAGNE.AI, an AI-native hardware and on-chain intelligence infrastructure company, today announced the completion of an additional US$2.64 million strategic financing round, with participation from GAEA Ventures, Titans Ventures and

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Bitcoin Holds $64K as Polymarket Cuts CLARITY Odds to 15%

Coins Legend August 5, 2026 0

Bitcoin held firmly above $64,000 despite intraday swings between $63,900 and $64,706. The modest price gains triggered heavy losses for short sellers, driving $148 million in short liquidations out of $216 million across the total crypto market. Intra-Day Price Volatility and Resistance On Wednesday, bitcoin stubbornly anchored itself above the $64,000 baseline, though

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Circle Posts $701 Million Q2 Revenue as USDC Activity Accelerates

Coins Legend August 5, 2026 0

Circle reported stronger second-quarter earnings as USDC circulation and transaction activity expanded. The stablecoin issuer also set a September launch date for Arc, its institutional blockchain network. USDC Volume Jumps 151% to $14.8T as Circle Returns to Profit Circle Internet Group returned to profit in the second quarter as greater USDC adoption offset weaker

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Blackrock Pulls $170M Into IBIT as Bitcoin ETFs Add $211M

Coins Legend August 5, 2026 0

U.S. spot bitcoin exchange-traded funds (ETFs) drew $211.49 million on Tuesday, extending their strong start to the week. Ether funds returned to inflows with $53.75 million, while solana posted a smaller gain. XRP and HYPE remained flat for the day. Blackrock Plans 1-for-3 ETHA Split After $42M Inflow The institutional bid widened across the crypto […]

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Bitwise CIO: Crypto Can Survive CLARITY Act Failure, Not the Wait

Coins Legend August 5, 2026 0

Bitwise chief investment officer Matt Hougan says crypto can absorb a Clarity Act defeat this week, but warned recently that the industry can’t thrive in a state of limbo. ‘Can’t Thrive in the in-Between’ As the Clarity Act limps toward the Senate’s Friday recess deadline, Bitwise chief investment officer Matt Hougan argued this week that […]

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Onchain Data: Coldcard Crisis Doubles Bitcoin’s Hot Supply in Just One Week

Coins Legend August 5, 2026 0

The Coldcard exploit has unleashed a wave of bitcoin movement, sending dormant coins into exchanges, multi-signature wallets, and new addresses while the market price barely reacts. Coldcard Panic Breaks Through a Quiet Market In a recent research report called “Textbook summer doldrums,” K33 Head of Research Vetle Lunde identified onchain transfers as the glaring

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Strategy Bets on Trump Accounts to Mint the Next Investor Class

Coins Legend August 5, 2026 0

Strategy will put money into Trump Accounts for eligible children of its U.S. employees, joining a widening corporate push to place young Americans inside the investment system before adulthood. The Tysons Corner, Virginia-based company told the public on Wednesday that it will deposit $250 annually for every eligible child under 18, regardless of the child’s […]

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Luxembourg Expands FIU Alerts to Crypto Exchanges

Coins Legend August 5, 2026 0

Luxembourg is enacting new legislation that empowers its Financial Intelligence Unit to issue cross-institution fraud alerts to both traditional banks and cryptocurrency exchanges. Targeting Crypto Loopholes Luxembourg is adding cryptocurrency exchanges to its emergency financial alert system under new anti-fraud legislation taking effect Aug. 8, extending broad

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Bitcoin Hovers Near $64,000 While Coldcard Losses Top $116M

Coins Legend August 5, 2026 0

Bitcoin is holding near $64,000 after a week that delivered a $116 million Coldcard wallet hack, fresh Strategy selling and a stalling Clarity Act. A Week of Very Bad News for Bitcoin By any normal standard, bitcoin should be falling. The Coldcard hardware wallet theft has topped $116 million, with waves of drains continuing since […]

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Korea’s Stock Market Crashed 33%, Then Jumped 18%: Crypto Traders Still Broke

Coins Legend August 5, 2026 0

South Korea’s KOSPI crashed more than 33% in July, its worst monthly drop on record, then reversed it with an 18% single-day surge on the last day of the month. A Historic Crash, Triggered by a Chip Shock The KOSPI’s July decline surpassed the single-month drops recorded during the 1997 Asian Financial Crisis and the […]