Author: CryptoGlobeToday.com

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…

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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…

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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…

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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…

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Key highlights:The total cryptocurrency market cap decreased from $ 2.22T to $ 2.18T in the past 24 hours, representing a -1.47% changeThe Bitcoin price at press time is $ 64,028 after falling by -1.99% in the last 24 hoursThe total crypto trading volume decreased by -8.81% in the past 24 hours, and is currently at $ 522.15BAll prices and changes are presented at the time of publication: July 25, 2026, at 06:00 UTCMarket OverviewThe total cryptocurrency market cap is currently $ 2.18T after a -1.47% decrease on the day. The total crypto trading volume declined by -8.81% in the same time frame.Bitcoin is trading at…

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In the world of digital money, a quiet war is brewing over what a “dollar” should be. For a long time, the deal in crypto was simple – You held stablecoins like USDT or USDC because they were stable and liquid. However, as central banks cranked up interest rates, a nagging question emerged – Why isn’t my digital dollar earning me anything? This opened the door for a new challenger – Tokens backed by actual U.S. Treasury Bills. Now, anyone with a crypto wallet has a real choice to make. Do you stick with the familiar, deeply connected stablecoins, or…

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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…

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Goldman Sachs (NYSE: GS) Chairman and CEO David Solomon stepped out ahead of Wall Street this week, voicing his support for a sweeping piece of crypto legislation even as the bill’s chances of becoming law this year take a serious hit. “I’m very supportive of moving the Clarity Act forward, so we can get some market structure in place and start to move the innovation process along,” Solomon told Politico. The Digital Asset Market Clarity Act, if enacted, would formally bring most crypto activity within a legal framework in the United States. It would classify the majority of crypto tokens…

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A US police union representing more than 382,000 members has reversed its position and endorsed the latest CLARITY Act after lawmakers added language addressing its concerns about cryptocurrency investigations. Summary The National Fraternal Order of Police has reversed course and endorsed the latest CLARITY Act. The union says revised provisions preserve law enforcement powers to investigate crimes involving digital assets. Senate delays and election-year disputes have pushed Polymarket’s 2026 passage odds down to 33%. According to former Fox Business reporter Eleanor Terrett, the National Fraternal Order of Police now supports the bill after reviewing provisions tied to the Blockchain Regulatory…

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TLDR Goldman Sachs CEO David Solomon publicly backed the CLARITY Act, calling for clear digital asset market rules. Solomon said the bill would help create a level playing field and support responsible market development. His comments came as lawmakers prepared updated bill text ahead of a possible Senate floor vote. JPMorgan CEO Jamie Dimon opposed parts of the legislation, citing concerns over yield-bearing stablecoins. Dimon argued that crypto firms offering bank-like products should face similar regulatory standards as banks. JPMorgan reiterated that comparable financial services should have comparable oversight and consumer protections. Goldman Sachs CEO David Solomon has voiced support…

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