Author: CryptoDigestAlert.com

Key TakeawaysBIND and Petersen Groups are developing peso-pegged stablecoins to offer programmable money to institutions.Subsidiaries lead the projects to bypass a 2022 central bank ban on private banks offering crypto services.These digital pesos aim to streamline institutional treasury management and collateralized credit operations. Digital Peso Stablecoins in Development in Argentina While dollar-pegged stablecoins, like USDC and USDT, are popular in Argentina as dollar proxies, local stablecoins are in the sights of fintech companies. A recent report from Iproup stresses that two banking holding groups are developing stablecoins pegged to the Argentine peso, focusing on offering programmable money services to institutions.…

Fanatics agreed on July 27 to acquire Water Street Labs and CX Clearinghouse from BGC Group, giving the sports platform a federally regulated exchange and clearinghouse for its prediction markets business.  Summary Fanatics agreed to buy two CFTC-registered entities, gaining direct control of exchange and clearing infrastructure. Water Street Labs received CFTC designated contract market status on July 16, 2026, records show. Fanatics Markets currently operates across 23 states and four U.S. territories, according to company disclosures. Financial terms and a closing date were not disclosed. The deal has been announced but has not been described as completed.  Once ownership…

SpaceX just dropped another bombshell. Days after closing the largest IPO in history, the company has exercised its option to acquire Cursor, the world’s fastest growing AI coding tool, in an all-stock transaction valued at $60 billion. The deal is the largest software acquisition ever recorded, and it lands at a moment when SpaceX is already rewriting records in almost every direction it turns. The acquisition was announced via an official filing and confirmed by the SpaceX team, with the stated goal of building the world’s most useful AI models. Cursor, developed by Anysphere, has over one million paying customers,…

BitMEX is facing a proposed class action in the Southern District of New York seeking the return of 622.66 BTC over alleged forced liquidations and platform misconduct. The complaint was filed on July 23, 2026, by BKX Services Inc. and David Namdar against HDR Global Trading Limited, Arthur Hayes, Benjamin Delo, Samuel Reed, and Gregory Dwyer, according to public court-monitoring records and related reports. The case is listed under No. 1:26-cv-06259. The allegations are serious. The plaintiffs claim BitMEX operated an internal trading desk that had access to customer data and traded against users, while platform freezes allegedly contributed to…

OKX Wallet’s Trader Mode was supposed to be just another false promise, so I went digging for the inevitable catch. Having tested countess “self-custodial trading” pitches, only to find custody quietly moved somewhere it shouldn’t be, I expected to expose this one just as fast.The moment that changed my mind was realizing my key never actually left a hardware enclave OKX itself claims it can’t read, even while the wallet was placing limit orders and running stop-losses on my behalf. That’s not a small engineering detail. That’s the entire promise of self-custody being tested against the one feature that usually…

Cake Wallet is one of the few multi-currency wallets that doesn’t just quietly mean “we support five coins and call it a day,” and the feature that actually convinced me to keep digging deeper into it is one most people scroll right past: the ability to send crypto to multiple addresses in a single transaction. Once I understood what that actually saves you in fees and time, I couldn’t unsee how much friction other wallets are still asking users to tolerate.Once I understood what that actually saves you in fees and time, I couldn’t unsee how much friction other wallets…

Key highlights:The total cryptocurrency market cap increased from $ 2.18T to $ 2.20T in the past 24 hours, representing a 0.79% changeThe Bitcoin price at press time is $ 64,420 after growing by 0.61% in the last 24 hoursThe total crypto trading volume decreased by -71.19% in the past 24 hours, and is currently at $ 145.42BAll prices and changes are presented at the time of publication: July 26, 2026, at 06:00 UTCMarket OverviewThe total cryptocurrency market cap is currently $ 2.20T after a 0.79% increase on the day. The total crypto trading volume declined by -71.19% in the same time frame.Bitcoin is trading at…

TLDR: The Clarity Act faces a Senate delay as Democrats demand stronger ethics restrictions covering presidential crypto profits and enforcement. Republicans need at least seven Democratic votes, making bipartisan support essential before the digital asset bill can reach the president. Critics say the draft may let Trump retain indirect crypto interests while his children continue operating separate digital asset ventures. Stablecoin reward rules, bank deposit risks, campaign spending, and weaker prediction market odds add pressure to the ethics dispute. The Clarity Act faces a new Senate roadblock as Donald Trump’s family crypto interests intensify an ethics dispute. Bloomberg reports that…

I’ve been tracking exchange collapses for years, and 2026 has quietly become one of the worst years for platform closures I can remember. Five exchanges, from an industry pioneer to a mid-sized regional platform, shut their doors this year alone, and what strikes me most isn’t that they failed. It’s how differently each one failed, and how each failure exposes a different structural weakness that plenty of exchanges still standing haven’t fixed.BitMEX Ends An 11-Year Run Under A Cloud Of Legal TroubleBitMEX announced on July 23, 2026, that it will permanently shut down at 04:00 UTC on September 23, with…

Ethereum wallet known as “Drift Exploiter 4” on Etherscan started transferring money associated with the hacking of Drift Protocol, amounting to $285 million in April. According to blockchain security company PeckShield, an address linked with the Drift exploiter sent out about $44.4 million in 23,095.1 ETH to Tornado Cash, with an additional transfer of 0.85 ETH to Bybit. According to Etherscan transaction records, the wallet is identified as 0xbDdAE987FEe930910fCC5aa403D5688fB440561B and it is seen that the Tornado Cash deposits were segregated into several transactions. The address also belongs to Arkham Intelligence’s “Drift Protocol Exploiter” group which comprises nearly twenty wallets suspected…