GameStop has agreed to swap $1.4 billion of zero-coupon convertible notes for stock, a deal that would retire about one-third of its note principal if it closes. The resulting shareholder dilution will remain unknown until the company discloses the final share count. The company’s Aug. 3, 2026 filing covers about $400 million of notes due…
California has the highest gas prices in the country as well as the busiest containership port, meaning consumers across the country could feel the impact of higher diesel. Source: www.cnbc.com Read Full Story
Galaxy Research says a third wave of thefts from Coldcard Bitcoin wallets has pushed observed losses to roughly 1,367 BTC across 4,585 addresses. Source: decrypt.co Read Full Story
Friday, July 31, was the final trading day for six Bitwise option-income ETFs. Shareholders still holding shares as of Aug. 3 face automatic cash redemption rather than an exchange sale. The Bitwise Funds Trust board voted June 30 to liquidate ICOI, IMRA, IMST, IGME, ICRC, and IETH, according to an SEC prospectus supplement. The products…
Fintech brokerage Clear Street is launching a private markets platform, beginning with Databricks stakes, to give investors more access to late-stage startups. Source: www.cnbc.com Read Full Story
The exchange reported lower quarterly revenue and a net loss as crypto trading activity declined, while subscription, stablecoin, and lending businesses continued to grow. Source: decrypt.co Read Full Story
Bitcoin entered today (July 29) with three demand channels losing momentum near $64,000. Four consecutive US spot Bitcoin ETF sessions saw a combined $526.5 million in net outflows, while Glassnode reported weaker perpetual futures buying and stagnant broader on-chain capital inflows. Bitcoin traded near $64,200, leaving $64,000 as an immediate market test rather than a…
The letter is part of the commission’s public comment period for the first draft of its proposed rule on regulating prediction markets. Source: www.cnbc.com Read Full Story
The SpaceX founder says artificial intelligence is advancing too quickly to stop and is urging leading AI companies to coordinate on safety before releasing their most powerful models. Source: decrypt.co Read Full Story
Hashdex plans to put some of the crypto held by its Nasdaq CME Crypto Index ETF (NCIQ) to work through staking. The sponsor takes the first slice of net income, while common shareholders begin sharing in the rewards after an annual threshold is cleared. The framework is prospective. A July 23 Form 8-K named Coinbase…