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The president’s company will unwind an agreement with Crypto.com to create a multibillion-dollar CRO treasury and reportedly not integrate prediction markets onto Truth Social.

Trump Media (DJT) is unwinding parts of its crypto push, including scrapping plans to establish a publicly traded CRO token accumulation company, which it unveiled near the height of last year’s digital asset treasury boom. Trump Media, Crypto.com and special purpose acquisition company Yorkville Acquisition mutually terminated plans for Trump Media Group CRO Strategy, the firms said Friday, citing “prevailing market conditions, and shifting business and stakeholder priorities.”The proposed venture would have created a publicly traded company focused on accumulating the native token of Cronos CRO$0.05142 and earning additional returns by staking those holdings. Trump Media itself bought $105 million…

Road Town, British Virgin Islands, August 7th, 2026, Chainwire 250+ TradFi markets join Carbon’s 530+ crypto perpetuals & 150 24/7 RWAs in one venue. Wall Street depth at listing, stable overnight rates, and on-chain settlement. Carbon, the on-chain prime broker for global markets, today opened public trading on 250+ Carbon TradFi markets spanning equities, indices, forex, and commodities. Each position is hedged 1:1 at regulated TradFi venues, making Carbon the largest TradFi-native on-chain derivatives venue. Alongside 530+ crypto perpetuals and 150 24/7 RWAs, total tradeable instruments now exceed 950 in one account.  Carbon TradFi is Carbon’s own on-chain instrument. A…

Mutsamudu, Comoros, August 7th, 2026, Chainwire MEXC, a pioneer in 0-fee digital asset trading, has listed five new Ondo tokenized stock trading pairs on Spot, expanding user access to stocks spanning AI infrastructure, semiconductors, enterprise software and rare earth materials. The new pairs are AXTION/USDT (AXT Inc), AEHRON/USDT (Aehr Test Systems), APLDON/USDT (Applied Digital), USARON/USDT (USA Rare Earth) and SAPON/USDT (SAP SE). The pairs went live on Spot on August 6, 2026, at 13:30 (UTC), with deposits now open. Withdrawals will open on August 7, 2026, at 13:30 (UTC). Report data jointly published by MEXC and CoinGecko shows that demand…

Wintermute, a leading algorithmic trading and liquidity provider in the crypto space, has launched a U.S. broker-dealer entity, securing registration with the SEC and membership with FINRA. This move positions Wintermute to operate within the highly regulated U.S. market, offering institutional clients compliant access to securities and tokenized securities. The launch builds on Wintermute’s 2025 expansion into the U.S., when it established a New York City headquarters and appointed Ron Hammond, a former Blockchain Association executive, as its Head of Policy and Advocacy. The broker-dealer registration marks a significant milestone in the firm’s strategy to grow its institutional footprint in…

According to the complaint, Allman appointed herself to the board, adopted an interim policy allowing ordinary business operations to continue, reaffirmed De Bode as president and requested basic corporate information, including a shareholder list, while expressing a desire to work collaboratively.The estate said those efforts failed after De Bode and the company’s outside counsel refused to recognize her actions or provide the requested corporate records. Kathleen Allman subsequently expanded the board, appointed new directors and, at a July 24 board meeting, voted to remove De Bode from all company positions while appointing herself chair and interim CEO.The filings characterize Kathleen…

Two groups affiliated with the cryptocurrency company-backed political action committee (PAC) Fairshake disclosed spending more than $1.5 million on media to support House of Representatives and Senate candidates in Florida, Alaska and Wyoming after suffering a primary loss in Michigan on Tuesday. According to Federal Election Commission (FEC) filings as of Thursday, Fairshake PAC affiliates Defend American Jobs and Protect Progress spent a combined $1.5 million on ads for Republican and Democratic candidates, many of whom voted in favor of the Digital Asset Market Clarity (CLARITY) Act while serving in Congress. In Alaska’s at-large congressional district, scheduled to hold a primary on…

Eightco treasury composition as of August 5, 2026: $90M OpenAI equity (indirect), $18M Beast Industries equity, 16,278 ETH, nearly 302 million WLD holdings, and $142M cash and equivalents, totaling approximately $378 million Eightco recently participated in World Foundation’s $52.5M funding round, led by Pantera with participation from Bain Capital Crypto, Selini Capital, Susquehanna Crypto, and additional investors OpenAI recently announced that it submitted a confidential S-1, setting itself up for a potential future initial public offering Eightco provides indirect exposure to some of the most innovative private companies including OpenAI and Beast Industries EASTON, Pa., Aug. 6, 2026 /PRNewswire/ — Eightco…

X402, an open payment protocol developed by Coinbase, has processed $50 billion in stablecoin transactions across 200 million payments, according to a webinar recap by the Solana (SOL) Foundation. The protocol provides AI agents with a native way to pay for web resources, eliminating the need for human intervention in transactions. The protocol leverages the rarely-used HTTP 402 status code, originally intended for “Payment Required,” to enable seamless micropayments for APIs, web services, and other digital tools. This approach is particularly suited to AI agents, which increasingly navigate the web autonomously but require scalable and fast payment mechanisms. Stablecoins Powering…

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…