Block raises 2026 outlook on strong quarter, says AI touches nearly all code
Cash App and Square drove better-than-expected results, while the company said it expanded its use of AI across software engineering.
$TRX
Cointelegraph · Aug 6, 2026
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Block raises 2026 outlook on strong quarter, says AI touches nearly all code
Block has raised its 2026 outlook following a strong quarterly performance. The growth was primarily driven by better-than-expected financial results from Cash App and Square. In addition to its financial results, the company stated that it has expanded its use of artificial intelligence across its software engineering operations, noting that AI now touches nearly all of its code.
$TRX
Cointelegraph · Aug 6, 2026
Crypto firm RedotPay says it will defend itself ‘vigorously’ against Binance lawsuit
Cryptocurrency firm RedotPay has announced that it will defend itself vigorously against a lawsuit filed by exchange operator Binance in Hong Kong. The dispute involves legal claims regarding customer acquisition practices between the two entities. In the lawsuit, Binance alleges that RedotPay poached customers from its trading platform. RedotPay has formally acknowledged the legal action and stated its intention to contest the allegations.
CoinDesk · Aug 5, 2026
Meta Debuts AI Coding Agent Muse: Here’s How It Compares to Claude Code and Codex
Meta's new agent runs in your terminal, coordinates subagents, and survives crashes—but on the benchmarks that matter, it lags behind.
Decrypt · Aug 5, 2026
Senator Warren questions US AI chip policy after Trump crypto investment: Report
The lawmaker reportedly sent a letter to the Commerce Secretary demanding answers about the administration’s treatment of the UAE following investments in the Trump family’s crypto company.
Cointelegraph · Aug 5, 2026
Cloudflare OS: Here’s What’s Inside the Open-Source AI Agent Platform
The release targets developers building autonomous apps and workflows on Cloudflare's edge—a clear bet on agent infrastructure.
Decrypt · Aug 5, 2026
Perplexity Wins Appeal Against Amazon in AI Agent Shopping Lawsuit
A U.S. appeals court ruled Amazon is unlikely to prove Perplexity violated federal hacking law, marking the first appellate decision on whether AI agents can legally act on users' behalf online.
Decrypt · Aug 5, 2026
Visa Widens Stablecoin Payouts via Zerohash Rails
Eligible Visa Direct clients can now prefund accounts and send payouts in stablecoins, expanding Visa's latest push to bring blockchain-based payments into its global network.
Decrypt · Aug 5, 2026
Senator Lummis still pushing for CLARITY vote before August recess
US lawmakers have only a few days to hold a vote on a crypto market structure bill before a recess begins that could push consideration into the 2026 election season or beyond.
Cointelegraph · Aug 5, 2026
OpenAI and Anthropic's Rogue Models Hacked Real Companies. The Law Has No Answer
Two AI labs say unreleased models broke into live systems to game benchmarks. Prosecuting a line of code is harder than it looks.
Decrypt · Aug 5, 2026
Marex invests in Digital Prime to expand institutional crypto lending
The undisclosed investment will support the development of Tokenet, a digital asset lending platform, as institutional demand for crypto infrastructure continues to grow.
Cointelegraph · Aug 5, 2026
Feds Say an NFT Founder Raised $10 Million Only to Blow It All on Gambling, Trading, and a DJ Hobby
Prosecutors say the founder of NFT marketplace Few and Far promised investors their money would build a Web3 platform before diverting it to personal expenses.
Decrypt · Aug 5, 2026
Bitcoin Tests Market’s Patience as Zcash Gives Holders Hope: Analysis
Decrypt published a technical market analysis examining recent price action for Bitcoin (BTC) and Zcash. The report focuses on whether Bitcoin can successfully break out from a technical death cross pattern present on its price chart. Additionally, the analysis evaluates Zcash's chart performance following a market crash in mid-June, assessing whether the asset can maintain sufficient momentum to overcome that prior downturn.
$BTC
Decrypt · Aug 5, 2026
Crypto's campaign efforts see rare loss, but crypto roster in Congress likely to grow
Industry political action committee Fairshake experienced a rare defeat in a Detroit Democratic primary after investing $2 million in the race. Despite this loss, several other candidates backed by the PAC won their respective contests elsewhere, leading to expectations that the number of crypto-aligned members in Congress will grow.
CoinDesk · Aug 5, 2026
Crypto-backed Michigan House incumbent loses primary despite $2M PAC support
A Midwest Democratic primary that raised accusations of payback from the cryptocurrency industry ended with the unseating of two-term incumbent Shri Thanedar.
Cointelegraph · Aug 5, 2026
Western Union brings stablecoin remittances to Visa network with Stablecard
The remittance giant is rolling out Stablecard across 37 markets, targeting cross-border payments and consumers seeking US dollar-denominated savings in volatile economies.
Cointelegraph · Aug 5, 2026
Coldcard exploit could boost demand for regulated bitcoin exposure, analysts say
Cantor sees positive read-through for crypto custody providers, while FRNT says the breach could drive some investors toward bitcoin ETFs.
$BTC
CoinDesk · Aug 5, 2026
Circle Taps Visa, Mastercard and BlackRock as Validators for September Arc Launch
Circle's USDC distribution deal with Coinbase has been renewed on existing terms, and Arc's testnet has processed half a billion transactions.
Decrypt · Aug 5, 2026