USDC issuer Circle to acquire nearly 1,000 IBM blockchain patents
IBM’s blockchain portfolio includes more than 680 patent families and nearly 1,000 issued patents worldwide, with a particular focus in supply chain applications.
Strategy sells MSTR shares, buys back $25M in STRC preferred stock
Strategy raised $544.5 million through MSTR stock sales as it repurchased $25 million of STRC shares and expanded its US dollar reserve to $3.75 billion.
BNY Mellon unit joins MiCA register as ESMA adds 15 providers
BNY Mellon’s European subsidiary joined the MiCA register as ESMA added 15 CASPs, including banks and crypto platforms, in the third post-deadline update.
Brazilian police bust cocaine traffickers in crypto-linked transnational probe
Brazilian police suspect the group of shipping around 6.5 metric tons of cocaine and laundering billions in Brazilian reals through crypto-enabled illicit money brokers.
BitMart withdrawals appear to slow following wind-down announcement
Users reported withdrawal delays and freeze notices as wallets attributed to BitMart fell to about $69 million and its BMX token extended an 81.5% weekly decline.
Garden Finance disables app as Blockaid reports $450,000 exploit
Garden Finance said no user funds or smart contracts were affected after an attacker compromised an independent solver’s off-chain database and inserted fraudulent swap records.
Storj files for bankruptcy, explores equity path for tokenholders
The decentralized storage provider says its network will continue operating during Chapter 11 as it explores a court-approved ownership mechanism for STORJ holders.
CLARITY hopes fade, BitMEX shuts as lawsuit looms: Hodler’s Digest, July 26
Despite support from Goldman Sachs, Fidelity and law enforcement bodies, the Clarity Act’s chances dim. BitMEX to close as crypto consolidates into five big players.