Thursday August 6, 2026

The rhetoric is increasing as Senate Republicans face the same 60 vote hurdle they have faced all summer. Majority Leader Thune said the CLARITY Act will get a floor vote before the August 10th summer recess, but no cloture motion has been filed and the bill still has no date on the calendar.

To pass the bill Republicans need at least seven Democrats to cross over, and the ethics provisions on crypto holdings by government officials remains the sticking point.

Leading proponents are already planning to stay in DC through the weekend to push it over the line. If the Senate misses this window, the bill will likely slide into September, where it would compete with appropriations fights and the midterms for floor time.

◾ Putin signs Russia’s first comprehensive crypto regulation into law (TASS)

◾ Meta $META says its own model hacked another company during testing (The Information)

◾ Jamie Dimon pushes to grow White House-backed alliance on AI risk management (Reuters)

◾ Sen Warren questions Commerce Department’s UAE tech export easing following World Liberty investment (CNBC)

◾ Financial updates:

• Galaxy Digital $GLXY Q2'26: Revenue $8.7B | Net loss $85.3M | aEBITDA loss $77.3M (Galaxy Digital)

• Block $XYZ Q2'26: Revenue $6.6B | Op income $446.9M | Net income $88.5M | aEBITDA $1.2B (Block)

• Nintendo $NTDOY Q1'27: Revenue ¥517.8B -9.5% y/y | Op income ¥142.6B +150.5% y/y | Net income ¥147.4B +53.5% y/y (Nintendo)

• Circle $CRCL Q2'26: Revenue $701M +7% y/y | Op income $34.4M | Net income $48.0M | aEBITDA $143M +8% y/y (Circle)

• TeraWulf $WULF Q2'26: Revenue $44.8M | Op loss $140.5M | Net loss $939.9M | aEBITDA loss $18.3M (TeraWulf)

◾ OpenAI generated $24.1B in $MSFT sales last year, 70% of AI revenue (Bloomberg)

◾ Softbank $SFTBY secures $10B margin loan backed by OpenAI stake (Bloomberg)

◾ Binance sues RedotPay for $470M over user poaching (Bloomberg)

◾ Novig sues New York over prediction market enforcement actions (Sports Betting Dime)

◾ OpenAI pays $3.2M to settle US hiring-discrimination probe (Reuters)

◾ Scammers impersonate EU regulators, crypto exchanges to steal customer funds (FT)

◾ NFT founder indicted for stealing $10M+ from investors (DOJ)

◾ Coinbase $COIN launches 24-5 US stock trading in UK (Coinbase)

◾ KuCoin Pay unveils stablecoin gift card for businesses (PR Newswire)

◾ Western Union $WU launches stablecoin-backed Visa card (Western Union)

◾ Borderless.xyz, Mastercard $MA pilot Mastercard Crypto Credential for cross-border stablecoin payments (FinanceWire)

◾ Visa adds stablecoin payouts with Zerohash (Crypto News)

◾ Anthropic planning to build in-house AI chips (Business Insider)

◾ Meta $META launches low-cost coding agent, Muse Code (WSJ)

◾ OpenAI introduces multi-product carousel ads in ChatGPT (Digiday)

◾ OpenAI models secretly coordinated Hugging Face exploit on message boards (Bloomberg)

◾ DeepSeek resumes funding talks, seeks $7.4B at $74B valuation (The Information)

◾ Anthropic models used fake identities to fool humans during safety tests (CNBC)

◾ Devolver Digital plans to delist, go private by mid-September (GamesIndustry.biz)

◾ Blue Origin says New Glenn explosion originated at main oxygen valve (X)

◾ SpaceX $SPCX not planning to build additional Crew Dragon capsules (SpaceNews)

◾ SpaceX $SPCX planning Starship’s first orbital flight, chopsticks-catch later this month (SpaceNews)