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Wells Fargo Brings 24/7 Tokenized Payments to Corporate Clients

Wells Fargo will launch tokenized deposits for corporate clients this fall, starting with US dollar-to-pound transactions. The move has won support from blockchain infrastructure advocates, while critics argue that banks are using distributed ledgers where conventional databases may work better. Cosmos Labs Backs Wells Fargo’s 24/7 Blockchain Payment Push Wells Fargo is preparing to move […] from Bitcoin News https://ift.tt/clVrbe5
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Bitcoin Options Flash $80K Max Pain as Wall Street Loads Up

Bitcoin traders have quietly stacked more than $41 billion into futures contracts, while the options market is flashing price targets thousands of dollars above where bitcoin actually trades. At $64,711 on Aug. 5, spot bitcoin looks almost cheap compared with the bets piling up across the derivatives market. Binance Dominates the Futures Battlefield Binance controls […] from Bitcoin News https://ift.tt/OqS7dYi
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MAGNE.AI Secures $2.64M Strategic Funding for Edge AI, Agentic Payments and On-Chain Infrastructure

Road Town, British Virgin Islands, August 5th, 2026, Chainwire. MAGNE.AI, an AI-native hardware and on-chain intelligence infrastructure company, today announced the completion of an additional US$2.64 million strategic financing round, with participation from GAEA Ventures, Titans Ventures and Go2Mars Labs. Following MAGNE.AI’s previously announced US$10 million strategic financing, the company’s total publicly disclosed funding now […] from Bitcoin News https://ift.tt/IJToNDt
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Bitcoin Holds $64K as Polymarket Cuts CLARITY Odds to 15%

Bitcoin held firmly above $64,000 despite intraday swings between $63,900 and $64,706. The modest price gains triggered heavy losses for short sellers, driving $148 million in short liquidations out of $216 million across the total crypto market. Intra-Day Price Volatility and Resistance On Wednesday, bitcoin stubbornly anchored itself above the $64,000 baseline, though broader bullish […] from Bitcoin News https://ift.tt/uB3kQtG
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BTC Hits $64,360, but Bitfinex Warns of Downside Risks

Bitcoin posted a 0.8% gain, trading between $63,300 and a session high of $64,360, while holding support above $63,500 and keeping market cap at $1.29 trillion. A sudden rally triggered a heavy short squeeze, wiping out $35 million in short positions. Bitcoin Defends $63,500 Support Bitcoin oscillated between $63,300 and $64,300 on Tuesday amid reports […] from Bitcoin News https://ift.tt/s2oZwaU
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Bybit Expands European Footprint With Austrian EMI License

Austria’s Financial Market Authority (FMA) has granted Bybit a license enabling it to build future payment features, including peer-to-peer transfers and card initiatives. Regulatory Dual Framework Cryptocurrency platform Bybit announced Aug. 4 that its local subsidiary, Bybit Payments GmbH, has been granted an electronic money institution (EMI) license by Austria’s Financial Market Authority (FMA). The […] from Bitcoin News https://ift.tt/C0nxzgR
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Bitdeer Lands $4.7 Billion AI Deal as Shares Surge 12%

Bitdeer has signed a 16-year agreement to provide 121 megawatts of AI computing capacity at its Tydal campus in Norway. The contract could generate as much as $8 billion if an eight-year extension is exercised. Bitdeer Secures 121 MW AI Contract at Norway Campus Bitdeer Technologies shares surged 12% on Tuesday, Aug. 4, after the […] from Bitcoin News https://ift.tt/9EkB7qs
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