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Main news about crypto world from @Major team.
⚠️ The Second Circuit formally closed Sam Bankman-Fried’s appeal, keeping his FTX fraud convictions, 25-year sentence, and $11 billion forfeiture in place
The court rejected Bankman-Fried’s bid for a new trial in June, leaving the Supreme Court as his only remaining option for review.
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📢 Bessent said a deal on Hormuz could be reached as soon as Tuesday or Wednesday
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✔️ Major unveils 7-step $MAJOR growth strategy
The team has launched a seven-step token development plan, starting with free unlimited VPN in @need access for holders of 10,000 $MAJOR, followed by buybacks and further token burns.
⭐️⭐️⭐️⭐️⭐️ to $0.048 (+42.42% in 24H)
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💲 A wallet linked to Strategy moved nearly $19 million in BTC on Sunday
Michael Saylor shared his regular Sunday chart on X the same day, captioning it: "Bitcoin Drive engaged."
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📢 CZ said the market may be bearish, but significant capital is still seeking investment opportunities
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💲 Tether announced quarterly USDT attestation for Q2 2026, reporting approximately $1.5B net operating profit and record user growth despite global market volatility
Tether reported over 184.6B USDT issued and around $4.1B in excess reserves by the end of Q2 2026, emphasizing ongoing financial inclusion in developing markets.
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📉 Glassnode reported the current bear market is 49% deep — making it the mildest by depth so far
Previous bear markets bottomed at lower levels and typically lasted about one third longer before reaching their lows.
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💻 Pavel Durov said Russia has labeled him a “terrorist” after he refused to comply with demands for mass surveillance and censorship on Telegram
He added that Russian law also bans him from “publishing information on the Internet.”
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⚪️ South Korea will implement a 22% capital gains tax on Bitcoin and crypto starting in 2027
Profits from selling, swapping, or lending crypto will be taxed, with the first $1,740 of yearly net gains remaining tax-free and no additional Assembly vote required.
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📢 Block stated support for the Digital Asset Market (Clarity) Act
Block wrote, "I'm writing to express our strong support for the Digital Asset Market (Clarity) Act, and to respectfully urge Senate floor consideration of this bill."
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⚠️ US Treasury sanctioned two firms linked to Iran’s Islamic Revolutionary Guard Corps for a crypto insurance scheme
US Treasury stated the entities used maritime services and digital asset payments to bypass sanctions.
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❕ Russia's Federal Security Service has charged Telegram founder Pavel Durov with facilitating terrorist activities
An international warrant has been issued for Durov's arrest.
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💻 Circle acquired IBM's blockchain patent portfolio, covering over 680 patent families and nearly 1,000 granted patents
Circle stated that this move positions it as the largest US blockchain patent holder and enhances the intellectual property supporting USDC, its payments network, and Arc.
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⚪️ BitMart announced it will shut down its crypto exchange operations
Operations are set to cease, making BitMart the latest platform to stop serving users.
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🔥 Michael Saylor hinted at a new Bitcoin announcement tomorrow
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💻 Apple briefly removed Telegram from the App Store due to an incident involving illegal content planted by an attacker
Telegram said its moderation rapidly removes such material, and the event was caused by a takedown extortionist exploiting message editing to bypass group members’ visibility.
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⚠️ Former FBI agent was charged with stealing nearly $1 million in crypto and using ChatGPT for investment advice
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🔽 MicroStrategy sold 1,637 BTC, reducing its bitcoin holdings to 842,138 BTC
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📢 President Trump said the US will pause a planned strike on Iran if a swift agreement is reached on Iran’s nuclear program and reopening the Strait of Hormuz
Iran rejected requesting a pause and stated its forces are at maximum readiness, while Israel supports the delay and Saudi Arabia called for dialogue and de-escalation.
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⭐️ Just Rise & Fall of the selected tokens over the past week.
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✅ Circle has won a limited-purpose trust charter from the New York Department of Financial Services for Circle Internet Trust Company
This state-level approval follows the federal OCC national trust bank authorization Circle received earlier in the month, establishing regulatory compliance at both the state and federal level.
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💲 Strategy reported an $8 billion loss in Q2 as its BTC holdings grew by 11%
The company has sold around $218 million worth of bitcoin year-to-date to pay preferred stock dividends.
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💎 Australia's eSafety regulator sued Telegram in Federal Court, alleging the platform kept videos of terrorist executions online for up to three weeks after user reports
The regulator is seeking penalties up to A$54.6 million, and the lawsuit was filed a day after Russia charged Pavel Durov with aiding terrorism.
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⚡️ South Korean lawmakers proposed amendments to let regulators freeze crypto exchange accounts tied to illegal transfers
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✔️ The Federal Reserve has left interest rates unchanged at 3.50 % – 3.75 %
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📢 Trump said US strikes will take place against Iran in response to attacks on US targets in Jordan
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📢 US SEC Chair Paul Atkins said he is optimistic that Congress will pass the Clarity Act
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💲 MicroStrategy reported it sold $544.5 million worth of stock and paused Bitcoin purchases
The company kept its Bitcoin holdings at 843,775 BTC, did not acquire more, and repurchased $25 million in STRC preferred shares last week.
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⭐ The Most Important Only.
— Telegram announced the largest rollout of a non-custodial crypto wallet in history this summer
— BitMEX announced it will permanently be closed
— Strategy, BlackRock, Fidelity and Coinbase will commit $15M to open-source Bitcoin development
— South Korea's Mirae Asset has acquired crypto exchange Korbit
— Republicans updated the CLARITY Act to bar US presidents and federal officials from issuing or endorsing digital assets
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❗️ Trump ordered a halt to planned US military strikes on Iran
Talks to reopen the Strait of Hormuz, mediated by Oman, had resumed just hours earlier, and Axios reported the negotiations were making progress.
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