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Aug. 5, 2026, 10:05 p.m.

Mostly Bitcoin — Daily Digest (Aug 5, 2026)

Mostly Bitcoin Mostly Bitcoin

Mostly Bitcoin — Daily Digest

Last 24 hours of mainstream crypto coverage

August 5, 2026


Feds accuse crypto founder of stealing $10 million from NFT investors, spending it on Miami condo and DJ hobby — fortune.com

Four years after the collapse in the market for NFTs, the crypto world is still reckoning with the fallout. The latest example came on Wednesday when the Department of Justice indicted a man on securities and wire fraud charges for allegedly orchestrating


Clarity Act Won’t Be Enough to Bring Crypto Boom Back — theinformation.com

After helping elect President Trump in 2024, the crypto industry had high hopes for getting legislation providing a clear regulatory framework for the sector—which the industry hoped would unlock a huge wave of new interest from big money and mainstream


Dave Portnoy has message for 'trashy, ratchet influencers' amid viral Nantucket sign controversy — foxbusiness.com

A small Nantucket business is at the center of a social media storm after posting a sign declaring "No Influencers," igniting a fierce online debate over tourism, entitlement and the growing power of social media personalities. Barstool Sports founder and


Socialist Hugo Chávez Destroyed Venezuela's Power Grid. Now the Regime Hopes Private Capital Will Rebuild It. — reason.com

Venezuela's electric grid was once the envy of Latin America. The Guri Dam, completed in 1986, was one of the world's largest hydroelectric plants, and the nation's grid reached 96 percent of households by the early 2000s. Today, after more than two


Hacked Canadian bitcoin company warns others relying ‘on open-source code’ that AI security failed — nationalpost.com

The company at the center of a Bitcoin hack has warned that artificial intelligence failed to detect the software flaw that was exploited to steal users’ funds, now estimated at US$130 million. Read More


Cloud startup Volta claims $10B AI lab deal for Norway bit barn — theregister.com

An AI cloud startup with backing from Nvidia and Michael Dell plans to open AI factories in Norway and elsewhere, targeting multiple gigawatts of capacity by 2030. Volta describes itself as a vertically integrated AI infrastructure business set up to


Galaxy Digital Misses Revenue Estimates, Shares Fall After Q2 Results — bloomberg.com

Billionaire Michael Novogratz downplayed the consequences of another delay to US cryptocurrency legislation, saying the digital industry has managed without a market structure bill for years and would continue to do so if Congress fails to pass it.


The Roll Call and 535 deep dive on cryptocurrency — rollcall.com

Roll Call Editor in Chief Jason Dick and 535 Editor in Chief Brody Mullins discuss major cryptocurrency legislation in the 119th Congress with CQ Roll Call financial services staff writer Mark Schoeff Jr. for the Roll Call/535 Policy Podcast Series. Show


Hacked Bitcoin Wallet Maker Warns of AI Failure to Detect Bug — bloomberg.com

The company at the center of a Bitcoin hack has warned that artificial intelligence failed to detect the software flaw that was exploited to steal users’ funds, now estimated at $130 million.


Trump Tests the Definition of Insider Trading — theatlantic.com

This is an edition of The Atlantic Daily, a newsletter that guides you through the biggest stories of the day, helps you discover new ideas, and recommends the best in culture. Sign up for it here. For Donald Trump, social media is a fundamental component


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