The Crypto Clarity Act's chances of becoming law in 2026 dropped to 35% after Senate Democrats opposed the bill's current ethics language, citing insufficient conflict-of-interest and consumer protections. Key Democrat Senator Ruben Gallego criticized the bill for allowing too much leeway in President Trump's crypto dealings. Without bipartisan support, the bill cannot reach the 60 votes needed to pass the Senate before the August recess. The legislation aims to clarify crypto regulation between the SEC and CFTC, which is crucial for reducing regulatory uncertainty and encouraging institutional crypto adoption. The delay prolongs uncertainty in crypto markets, maintaining a regulatory risk premium into the latter half of 2026.
During SpaceX's Q2 2026 earnings call, Elon Musk identified memory as the main bottleneck for AI compute expansion, surpassing power and GPU constraints. He highlighted that memory supply grows 20% annually while demand surges 200%, driving prices up...
Harmony is rolling back its blockchain to two checkpoints from August 11 to undo a forged mint of 2.385 trillion ONE tokens. This recovery will discard over 109,000 regular and 315 staking transactions processed after the checkpoints. The rollback re...
IM Cannabis Corp. has agreed to sell all shares of IMC Holdings to Slil.com Holding Ltd., aiming to improve shareholders' equity by approximately CAD$3 million. The transaction includes a pre-closing reorganization to retain Israeli operations within...
Perpetua Resources announced a $2.9 billion senior secured loan approval from the U.S. EXIM board to fund its Stibnite Gold Project, aiming to develop a major gold and antimony mine in Idaho. The company reported a Q2 2026 net loss of $97.5 million d...
Year-to-date, the iShares MSCI Canada ETF has outperformed the iShares Core S&P 500 ETF with returns of 15.1% versus 13.9%. The Canadian fund's strength is attributed to its focus on financials, materials, and energy sectors, while the US ETF is more...
