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The latest U.S. congressional primary elections this week saw another unusual setback for the crypto industry’s largest campaign fund when incumbent Representative Shri Thanedar got shut down by progressive challenger Donavan McKinney for a Democratic nomination in Detroit.It cost the Fairshake political action committee more than $2 million, and the industry loses an incumbent ally in the House of Representatives who co-sponsored its version of the Digital Asset Market Clarity Act and had also been active in other crypto legislation. His democratic socialist opponent is a blank slate on crypto issues, but he drew endorsements from Senator Bernie Sanders and…

Michigan State Representative Donavan McKinney won a Democratic primary against incumbent House Representative Shri Thanedar in a race that raised accusations of payback by the cryptocurrency industry.McKinney won the primary for Michigan’s 13th Congressional District with 51.9% of the vote against Thanedar’s 48.1% as of Wednesday, the New York Times reported. The primary saw a cryptocurrency-backed political action committee (PAC) spending more than $2 million on media in an attempt to re-elect Thanedar, who has voted in favor of many bills favoring the industry while in Congress. Election results for Democratic primary in Michigan’s 13th congressional district. Source: The New York…

Kingstown, Saint Vincent and the Grenadines, August 5th, 2026, Chainwire The former TON executive joins as Director of Strategic Partnerships to form the connections behind ChangeNOW’s next phase. Former TON executive Martin Masser joins ChangeNOW to build strategic partnerships, ecosystem relationships, and media momentum behind its next phase. Masser comes with experience across traditional banking, Web2 and Web3, including senior growth and business development roles within the TON space. At ChangeNOW, he will lead strategic relationships with blockchain networks, wallets, fintech companies, payment providers and other infrastructure partners. His appointment comes as ChangeNOW grows beyond standalone crypto services, transitioning to…

Mutsamudu, Comoros, August 5, 2026 – MEXC, a pioneer in 0-fee digital asset trading, today unveiled MEXC 0808: Stock Season, the inaugural edition of its annual brand celebration centered on 0 Fees and Infinite Opportunities. Early bird registration is now open, ahead of the main campaign launch on August 8, offering participants the opportunity to compete for a share of a $500,000 prize pool. The launch establishes MEXC 0808 as an annual brand milestone built around 0 Fees and Infinite Opportunities. Zero fees are not limited to a single campaign period. They represent a value that MEXC continues to deliver…

New York City, United States, August 5th, 2026, Chainwire Fourteen-day event with Decibel will pit tokenized stocks, gold and oil against BTC, ETH and SOL in a first-of-its-kind self-custodial competition with a $25,000 USDC prize pool One of the fastest-growing narratives in digital assets is about to face its biggest public test. Tria, the self-custodial neofinance platform, today launched TradFi vs Crypto, the industry’s first trading competition to pit tokenized real-world assets directly against cryptocurrencies under identical conditions on a self-custodial platform. Developed in partnership with Decibel, the Aptos Labs-incubated perpetuals exchange, the fourteen-day competition allows traders to compete across…

The $TRUMP coin was worth more than $46 at its height, but it steadily declined to its current price of $1.47. The token saw brief spikes in value when the company behind it announced it would host dinners — including at Trump’s Mar-a-Lago, with the president as the keynote speaker — but that price action was temporary both times.In what’s likely to pack more political needling than actual regulatory results, the letter comes as negotiators hoping to finish the Digital Asset Market Clarity Act are awaiting the White House’s response to the latest revamping of the contentious section that would…

The licence will support regulated e-money and payment services on the Bybit.eu platform, alongside the crypto-asset services. VIENNA, Aug. 4, 2026 /PRNewswire/ — Bybit.eu today announced that Bybit Payments GmbH has been granted an Electronic Money Institution (EMI) licence by Austria’s Financial Market Authority (FMA). Bybit Payments GmbH will provide regulated e-money and payment services through the Bybit.eu platform. Crypto-asset services on the same platform are provided separately by Bybit EU GmbH, an Austrian crypto-asset service provider authorised under the Markets in Crypto-Assets Regulation (MiCAR) since May 2025. To comply with regulatory requirements, the two Austrian entities have distinct regulatory…

Bitcoin may have already erased half of its market cap, but veteran crypto investor Michael Terpin says the asset still has further to fall before hitting rock bottom.“We still have more pain to go,” Terpin tells Cointelegraph on the Trade Secrets show. Terpin believes that Bitcoin will ultimately fall “66%” from its October 2025 all-time high of $126,100. “I think that brings us down into the 40s, and I think that’s about where we’re gonna go,” Terpin says. To be precise, a 66% drop from the ATH would see Bitcoin changing hands for $43,500, a price the asset has not seen…

Willemstad, Curaçao, August 4th, 2026, PlayNewswire 1win, a crypto entertainment platform, has launched a new Web3 authentication system that allows users to register, sign in, and deposit funds using a crypto wallet. The new verification mechanism eliminates the need for email registration, passwords, or manually copying wallet addresses.  The feature is now available to all 1win users and supports Trust Wallet, MetaMask, and other wallets via WalletConnect. EVM-compatible networks are supported across all options, while TRON connections are available through Trust Wallet and WalletConnect-enabled TRON options. 1win is among the first crypto entertainment platforms to introduce seamless wallet onboarding for…

Conflux (CFX) has announced the rollout of its v3.1.0 testnet hardfork, scheduled to go live before the network reaches epoch 259240000, estimated on August 7, 2026. The upgrade introduces modifications across seven Conflux Improvement Proposals (CIPs), a security patch withheld until post-activation, and significant RPC changes. Node operators must upgrade their software or risk incompatibility with the network. The most notable technical updates include CIP-173, which addresses Proof-of-Stake (PoS) dispute evidence verification and extends stake lock mechanisms. Additionally, CIP-166 and CIP-167 enhance Ethereum Virtual Machine (EVM) compatibility, while CIP-172 through CIP-176 resolve bugs impacting transaction encoding, gas pricing, and cross-space…