CryptoPress

Bitcoin traded near $65,200 on July 27, 2026, up roughly 1.9% over the prior week, as the market stabilized ahead of this week’s Federal Reserve meeting. Ethereum hovered near $1,950. Spot Bitcoin ETFs recorded net weekly inflows of about $33.8 million after a seven-day streak was interrupted by roughly $465 million in outflows over two sessions late in the week; Ethereum ETFs attracted stronger net inflows near $104 million. Geopolitical tensions, particularly U.S.-Iran developments that briefly pressured oil before easing, and rising odds of a rate hike (near 38%) kept risk appetite restrained, while reduced long-term holder selling provided a floor.
The CLARITY Act remained a central catalyst. On July 22 Senate Republicans released updated text merging Banking and Agriculture committee versions. The draft includes ethics rules barring the president, vice president, members of Congress and other federal officials (plus spouses) from issuing or sponsoring digital assets in exchange for consideration, with a sunset on January 20, 2029, and Department of Justice enforcement. Supporters view passage as unlocking clearer SEC-CFTC oversight and broader institutional adoption; Democrats criticized the text as insufficient on ethics and other provisions, leaving floor prospects uncertain before the August recess.
Other news:
Positive
Ethereum ETFs posted stronger weekly net inflows (~$104 million) than Bitcoin counterparts, with ETH outperforming BTC month-to-date.
Shiba Inu (SHIB) rallied approximately 25-35% over seven days on elevated spot volume and accumulation.
Audiera (BEAT) led weekly gainers with gains exceeding 50%.
Crypto.com secured a $400 million investment from Citadel Securities at a $20 billion valuation, earmarked for tokenized securities and derivatives expansion.
Crypto assets showed relative strength versus U.S. equities amid tech-sector weakness; lower oil prices improved near-term sentiment.
Neutral
BitMEX announced plans to cease exchange operations on September 23, 2026, after reviewing its business model.
Meme-coin performance diverged sharply, with DOGE holding relatively constructive charts while some peers lagged.
Total crypto market capitalization fluctuated near $2.22-2.25 trillion with Bitcoin dominance around 58%.
Negative
Two crypto bridge attacks within seven hours resulted in approximately $31.6 million in losses.
Bitcoin ETF outflows of roughly $225 million and $240 million on consecutive days ended a multi-session inflow streak.
Rate-hike probability for the Fed meeting rose to around 38% from 13% the prior week, adding macro caution.
Some altcoins and tokens posted double-digit weekly declines amid selective risk rotation.
Bitcoin, Ethereum and select memes led recent price action. SHIB and BEAT posted the strongest weekly percentage gains among larger-cap names on elevated volume; Ethereum continued to outperform Bitcoin on a relative basis. No broad confirmed buying opportunity exists amid pre-FOMC uncertainty, though sustained holds above $65,000 keep near-term structure constructive and a break above $66,000 could target higher levels if regulatory or rate signals turn dovish. Support near $63,000-$61,000 remains relevant on hawkish outcomes.
Bitcoin 7-day price path (USD closes/highs drawn from market data).
The post Bitcoin Steadies Near $65,200 Ahead of Fed Meeting and CLARITY Act Progress appeared first on Cryptopress.

Storj Labs voluntarily filed Chapter 11 on July 26 in the U.S. Bankruptcy Court for the Northern District of West Virginia under case No. 5:26-bk-00512.
Operations, customer service and the decentralized storage network continue without interruption, with parent Inveniam supporting the process.
The company intends to propose a mechanism allowing STORJ token holders to participate in equity of the restructured firm, subject to court approval and creditor priorities.
STORJ token declined sharply after the announcement, trading near $0.06.
Storj Labs, Inc. voluntarily filed for Chapter 11 bankruptcy protection on July 26 in the United States Bankruptcy Court for the Northern District of West Virginia, Case No. 5:26-bk-00512, to address certain legacy obligations while preserving ongoing business operations.
The decentralized cloud storage provider stated that its operations, service and network will continue as normal throughout the court-supervised process. Customer services are not expected to face interruptions, and ordinary-course obligations arising during the restructuring are expected to be met, subject to court approvals, according to the company’s restructuring FAQ.
“This is a decisive, positive step,” said Kaloyan Raev, Director of Software Engineering of Storj, in the official announcement. “The business underneath is strong and right-sized. What holds it back are legacy obligations from an earlier chapter. This process lets us resolve them in an orderly way and come out the other side with a clean foundation — and with a plan for management, our token community, and our investors to share in the ownership of the restructured company, taking Storj back to its strong decentralized roots, serving our clients.”
Parent company Inveniam, which acquired Storj in October 2025, has continued to support the business and endorses the reorganization. Storj has focused on its core operations while dispositioning previous acquisitions and non-essential activities.
In an open letter to the token community, the company said the network continues to operate normally and the token’s utility remains unchanged. It intends to propose, as part of a plan of reorganization, a mechanism for token holders to participate in the equity of the restructured company. Eligibility, mechanics and terms will be developed during the process and disclosed formally. Any such plan remains subject to court approval, legal priorities and definitive documentation, with creditors paid first under standard bankruptcy rules.
According to BeInCrypto, approximately 143.8 million STORJ tokens trade freely out of a total supply of 425 million. The token fell about 15-19% following the filing, trading near $0.06 as of July 27, after earlier sitting near $0.074. The token has declined roughly 60% since the Inveniam acquisition announcement when it traded near $0.1872.
Storj described the Chapter 11 case as an accelerated reorganization rather than a shutdown, aimed at resolving liabilities that predate the current strategy and cannot be outgrown through normal business expansion. The company is pursuing an accelerated timeline and will publish court milestones as they are set.
The post Storj Labs Files Chapter 11 to Resolve Legacy Debts, Eyes Equity for Token Holders appeared first on Cryptopress.

Just when you think you know pretty much all the security options out there in crypto, new ones pop up (along with acronyms to add to the glossary—which I absolutely love! ).
Now it’s MPC’s turn. Let’s see what it’s all about and how it compares to multi-sig and hardware wallet security.
MPC in crypto stands for Multi-Party Computation (also called secure multi-party computation). It is a cryptographic technique that eliminates the single private key as a point of failure by splitting control of a wallet into independent encrypted “shares” held by different devices or parties. The full private key is never created, never stored in one place, and never reconstructed—even during signing.
How MPC Works
Traditional wallets generate one complete private key (and usually a seed phrase that derives it). MPC replaces that model with distributed key generation and threshold signatures.
Key generation Multiple parties (your phone, a secure server, a hardware module, etc.) collaboratively create mathematical key shares using protocols such as distributed key generation (DKG) and threshold signature schemes (TSS). Each share is random and useless on its own. The corresponding public key (and therefore the blockchain address) is computed without any party ever seeing the full private key.
Distributed signing When you want to move funds, a predefined threshold of shares (for example 2-of-3) run a joint cryptographic protocol offline. Each participant contributes a partial signature using only its own share. The shares never leave their devices and are never combined into a full key. The output is a single, standard ECDSA or EdDSA signature.
Invisible to the blockchain The network receives a normal-looking single-signature transaction. There is no on-chain evidence that multiple parties or devices were involved, no extra gas costs from multiple signatures, and no smart-contract dependency.
Key Benefits
No single point of failure — Compromising one device or server yields only a useless share. An attacker needs the threshold number of shares simultaneously.
Seedless operation — Many consumer MPC wallets (Zengo is the best-known example) never generate a 12- or 24-word seed phrase. Recovery relies on encrypted backups, biometrics, and multi-factor checks instead of a single recoverable secret.
Chain-agnostic — Because the final output is a standard signature, the same MPC setup works across Bitcoin, Ethereum, Solana, and virtually any chain that uses ECDSA or EdDSA without needing per-chain smart contracts.
Operational flexibility — Shares can be refreshed (rotated) without changing the wallet address, and policies (limits, approvals, time locks) can be enforced off-chain.
MPC vs Multi-Sig
Aspect Multi-Sig MPC Key model Multiple complete private keys Distributed shares; full key never exists Enforcement On-chain (scripts or smart contracts) Off-chain cryptographic protocol On-chain appearance Multiple signatures or contract call Single normal signature Fees & speed Higher gas / larger transactions Standard single-signature cost Chain support Requires native or contract support per chain Works on any standard-signature chain Visibility Quorum and signers often visible Completely private
Multi-sig is excellent when transparent on-chain governance is the priority (DAOs, public treasuries). MPC is preferred when you want lower fees, broader chain coverage, operational privacy, and no complete key ever existing.
Real-World Examples
Consumer wallets such as Zengo use a simple 2-share model (device + server) with biometric and cloud-encrypted recovery so users never handle a seed phrase. Institutional platforms (Fireblocks and others) run higher-threshold MPC across multiple secure enclaves, often combined with policy engines for trading desks and custodians.
MPC does not make wallets unhackable—implementation quality, share storage, and recovery design still matter—but it removes the classic “one key or one seed equals total loss” risk that has defined crypto security for more than a decade.
If you want a deeper look at seedless recovery mechanics, a comparison of specific MPC wallet providers, or how institutions layer MPC with hardware security modules, just say the word.
MPC vs Hardware Security Modules (HSMs) in Crypto
Both Multi-Party Computation (MPC) and Hardware Security Modules (HSMs) aim to protect private keys for digital assets, but they solve the problem from opposite directions. One is cryptographic and distributed; the other is physical and centralized inside certified hardware.
Quick Definitions
Hardware Security Module (HSM) A dedicated, tamper-resistant physical device (or cloud equivalent) that generates, stores, and performs cryptographic operations on private keys inside a hardened boundary. The full private key never leaves the HSM. Keys are typically non-exportable by design. HSMs have decades of use in traditional banking and carry certifications such as FIPS 140-2/3 Level 3 or higher.
Multi-Party Computation (MPC) A cryptographic protocol that splits a private key into independent mathematical shares distributed across multiple parties or devices. The complete key is never assembled at any point—during generation, storage, or signing. A threshold of shares collaborates offline to produce a single standard signature that the blockchain sees as normal.
Side-by-Side Comparison
Aspect HSM MPC Core model Full key lives inside hardware Key shares only; full key never exists Single point of failure The HSM itself (or its cluster) Eliminated at the key level Security boundary Physical + certified firmware Cryptographic protocol + share distribution Signing location Inside the hardware Collaborative off-chain computation On-chain appearance Standard single signature Standard single signature Chain support Broad, but new algorithms may lag Native and fast for any ECDSA/EdDSA chain Key rotation Requires careful ceremony; address change often needed Shares can be refreshed without changing address Latency Very low once online (~100–500 ms) Network-dependent (typically 1–3+ seconds) Geographic distribution Limited by physical devices Easy and natural Regulatory familiarity Extremely high (banking standard) Growing rapidly; now institutional standard Cost profile High CapEx / ongoing hardware costs Lower entry (especially SaaS); scales differently Best natural fit Cold storage, high-assurance long-term holdings Hot/warm operational wallets, multi-chain activity
Strengths of Each
HSM advantages
Proven physical isolation and resistance to extraction, side-channel, and many software attacks.
Strong audit trail and certifications that regulators and insurers already understand.
Excellent throughput for high-volume signing once the device is online.
Ideal for true cold or air-gapped environments.
MPC advantages
No complete private key ever exists, removing the classic single-key compromise risk.
Flexible policies, role-based controls, and automated workflows without moving physical hardware.
Seamless multi-chain support and the ability to rotate or revoke shares without changing wallet addresses.
Natural geographic and organizational distribution of control.
Limitations and Trade-offs
HSM drawbacks
Physical or cluster failure can lock funds until recovery procedures are executed.
Operational rigidity: scaling, geographic redundancy, and new chain support often require additional hardware and process.
Higher capital and maintenance costs; less cloud-native by nature.
MPC drawbacks
Security depends on the correctness of the protocol implementation and the operational security of every share holder.
Requires coordination (online parties, network latency) for every signing ceremony.
Regulatory comfort is still maturing in some traditional banking environments compared with certified HSMs.
Vendor or self-hosted implementation quality becomes a critical variable.
Real-World Practice: Hybrids Dominate
Most sophisticated institutional setups do not treat the two as mutually exclusive. Common patterns include:
MPC for hot and warm wallets (speed + distributed control)
HSMs protecting individual MPC shares or for pure cold storage
Policy engines layered on top of either technology
Providers such as Fireblocks (MPC-first with secure enclaves), BitGo, and others frequently combine elements of both to match different liquidity tiers.
Which Should You Choose?
Choose HSM-centric when regulatory familiarity, physical air-gapping, and long-term cold storage of large static holdings are the priority.
Choose MPC-centric when you need operational speed, multi-chain flexibility, geographic distribution of control, and the ability to rotate authority without moving funds.
Choose a hybrid when you want the mathematical distribution of MPC plus the physical root of trust of certified hardware—this is increasingly the institutional default.
Neither technology is magic. Implementation quality, share/device management, recovery procedures, and operational discipline still determine real-world security. The right architecture matches the threat model, regulatory environment, and transaction velocity of the specific use case.
Ready for more crypto security deep-dives and practical ideas? Subscribe free at https://cryptopress.substack.com/subscribe
The post What is MPC in Crypto and How Does It Work? appeared first on Cryptopress.

<hr><ul><li>BitMEX will cease exchange operations on <strong>September 23, 2026 at 04:00 UTC</strong>.</li><li>New account registrations halted immediately; reduce-only mode starts <strong>August 26</strong>.</li><li>The exchange pioneered the 100x leverage perpetual swap in 2016.</li><li>Users who leave funds after closure face monthly fees of $50 or 1% per year.</li></ul><hr><p class="has-drop-cap">Crypto derivatives exchange BitMEX will permanently shut down its trading platform on <strong>September 23, 2026, at 04:00 UTC</strong>, ending an 11-year run, according to an <a href="https://www.bitmex.com/blog/bitmex-closure" target="_blank" rel="noopener">official announcement</a> from its owner and operator, HDR Global Trading Limited.</p><p>The decision follows a strategic review of the business and the broader crypto industry. New account registrations have been stopped with immediate effect. BitMEX said the move “comes with a heavy heart” and was not taken lightly.</p><p>Founded in 2014 by Arthur Hayes, Benjamin Delo and Samuel Reed, BitMEX popularized the perpetual swap contract with up to 100x leverage, a product that has since become the most widely traded instrument in crypto and been adopted across thousands of venues. The exchange maintained a record of zero customer funds lost to hacks throughout its history.</p><p>Trading will continue as normal until <strong>August 26, 2026, at 04:00 UTC</strong>, when risk limits will prevent users from opening new positions and allow only reductions of existing ones. The platform plans to force-close remaining open positions in an orderly manner ahead of the final closure date. Any positions still open at the deadline will be closed automatically.</p><p>Users can still log in after the closure to view balances and withdraw assets. However, KYC-verified customers who leave funds on the platform will incur a monthly account fee equal to the greater of <strong>$50 equivalent or 1% per annum</strong> on remaining balances. The fee may increase with prior notice. All staked BMEX tokens have already been unstaked and returned to holders.</p><p>BitMEX had explored a sale process since February 2025 with Broadhaven Capital Partners but ultimately opted for closure. The exchange previously pleaded guilty to Bank Secrecy Act violations in 2024 and paid related fines, with its co-founders receiving a presidential pardon in 2025.</p><p>In the <a href="https://www.bitmex.com/blog/bitmex-closure" target="_blank" rel="noopener">announcement</a>, BitMEX encouraged users to close positions and withdraw funds as soon as practical, while warning of potential phishing attempts tied to the news. The company also noted that assets continue to exceed liabilities, as shown on its proof-of-reserves page.</p><p>The shutdown marks the end of one of crypto’s earliest and most influential derivatives venues, which once commanded a dominant share of the market before competition from both centralized and decentralized platforms intensified.</p>

The CLARITY Act updated draft, a key bill to establish U.S. crypto market structure rules by clarifying SEC and CFTC jurisdictions, was released on July 23, 2026.
Senate Majority Leader John Thune signaled on July 24, 2026, that passage before the August 7 recess is unlikely, though floor proceedings may begin sooner.
Ethics provisions in the bill, which would bar federal officials including the president from crypto activities, have sparked opposition from some Democrats over adequacy of guardrails.
Industry advocates including the Blockchain Association, Crypto Council for Innovation and Digital Chamber called for immediate Senate floor consideration in a joint letter dated July 24, 2026.
The Fraternal Order of Police endorsed the revised bill, confirming it maintains strong tools for investigating illicit crypto finance.
Efforts to advance comprehensive crypto legislation in the United States encountered fresh obstacles this week, with the CLARITY Act caught between a narrowing Senate calendar and contentious debates over ethics safeguards. The bill, which seeks to draw clear lines between the SEC and CFTC on digital asset oversight while tackling stablecoin and conflict-of-interest issues, represents one of the most significant regulatory developments for the sector in years.
According to Decrypt, an updated 616-page draft emerged on July 23, 2026. Yet Senate Majority Leader John Thune indicated the following day that he does not anticipate enough time for full passage ahead of the August recess beginning August 7, 2026. Thune expressed hope of initiating floor debate beforehand, noting that missing this window could jeopardize enactment this year amid fall midterm campaigning.
The ethics provisions have proven particularly divisive. The draft includes language prohibiting federal officials, including the president, from issuing or sponsoring digital assets, with enforcement limited to the Department of Justice. Democrats have pushed back, arguing the measures fall short. Sen. Ruben Gallego described the GOP proposal as “a piece of shit” in comments reported via Politico and is collaborating with Sen. Thom Tillis on alternative language to strengthen protections against officials profiting from crypto. Several other Democratic senators, including Angela Alsobrooks, Mark Warner and Catherine Cortez Masto, have signaled they cannot back the current version due to lingering concerns on ethics and illicit finance provisions.
Despite these headwinds, crypto industry groups remain optimistic and active. In a joint letter sent July 24, 2026, the Blockchain Association, Crypto Council for Innovation and Digital Chamber urged Senate leaders John Thune and Chuck Schumer to commence floor consideration without delay, emphasizing that there is no substitute for durable market-structure law.
Kristin Smith, President of the Solana Institute and former Blockchain Association CEO, posted that conversations since the draft’s release show “a clear path to pass the Clarity Act before the recess on August 7—and we must seize it. To the crypto community: This is our moment. We can get this done.” The Crypto Council for Innovation and allies echoed calls for swift action.
Adding momentum, the Fraternal Order of Police, America’s largest police union, endorsed the revised bill. The endorsement highlights that updated provisions resolve prior concerns, allowing law enforcement to retain full authority to probe illicit crypto activity without impeding legitimate market growth.
For crypto investors and traders, passage of the CLARITY Act would deliver long-sought regulatory certainty, potentially accelerating institutional adoption, stablecoin innovation and on-chain activity within clear legal bounds. However, the combination of partisan ethics disputes and the ticking clock before recess introduces meaningful risk of delay. With prediction markets reflecting tempered odds and ongoing bipartisan negotiations expected through the weekend, the coming days will be critical in determining whether this legislative window closes or yields a landmark framework.
The post CLARITY Act’s Senate Push Stalls Amid Ethics Clash and Tight Legislative Calendar appeared first on Cryptopress.

Institutional alliance formed: Nine major digital asset leaders, including BlackRock, Coinbase, and Strategy, launched the Bitcoin Security Consortium to fund open-source Bitcoin research and development. $15 million commitment: Founding members pledged an aggregate $15 million over the next three years to strengthen network defenses, prioritizing potential threats posed by quantum computing. Decentralized focus: The consortium will independently distribute funds to developers and researchers without directing protocol changes or speaking on behalf of the Bitcoin network. Nine major institutional players in the digital asset ecosystem—led by BlackRock, Coinbase, and Strategy—have launched the Bitcoin Security Consortium to support the long-term security and resilience of the Bitcoin network. The group has pledged an aggregate $15 million over the next three years to independently fund open-source developers and researchers, with a primary focus on preparing the protocol for potential risks posed by quantum computing. Founding members also include Anchorage Digital, ARK Invest, Block, Blockstream, Fidelity Digital Assets, and Galaxy Digital. Rather than pooling capital into a centralized fund, each participating firm will directly allocate its own contributions to developers, researchers, or non-profit organizations of its choosing. Day-to-day coordination for the group will be handled in a volunteer capacity by Mike Schmidt, executive director of Brink, a non-profit organization that funds Bitcoin core development. The consortium explicitly noted that it will not develop code, mandate protocol changes, or act as an official voice for Bitcoin, leaving network development entirely to the global decentralized community. While quantum computers capable of cracking Bitcoin’s underlying elliptic curve cryptography do not currently exist, security experts note that developing and deploying post-quantum signature schemes across the decentralized ecosystem could require years of effort. In addition to funding technical research, the consortium plans to publish credible, updated educational materials to inform investors, policymakers, and the public about the state of Bitcoin’s cryptographic security. Bitcoin Core developers do incredibly important work, and we’re pleased that our firm and the others in this group will now be making significant additional funding available to support Bitcoin’s long-term security needs, said Robert Mitchnick, global head of digital assets at BlackRock. The announcement reflects a broader push among major financial institutions to safeguard the core infrastructure supporting billions of dollars in digital asset products. By establishing dedicated funding pipelines for security research, institutional custodians and asset managers aim to ensure the protocol remains resilient against emerging technological shifts for generations to come. Disclaimer: This article is for informational purposes only and does not constitute advice of any kind. Readers should conduct their own research before making any decisions.
The post BlackRock, Coinbase and Strategy back $15 million initiative to secure Bitcoin against quantum threats appeared first on Cryptopress.

Institutional alliance formed: Nine major digital asset leaders, including BlackRock, Coinbase, and Strategy, launched the Bitcoin Security Consortium to fund open-source Bitcoin research and development. $15 million commitment: Founding members pledged an aggregate $15 million over the next three years to strengthen network defenses, prioritizing potential threats posed by quantum computing. Decentralized focus: The consortium will independently distribute funds to developers and researchers without directing protocol changes or speaking on behalf of the Bitcoin network. Nine major institutional players in the digital asset ecosystem—led by BlackRock, Coinbase, and Strategy—have launched the Bitcoin Security Consortium to support the long-term security and resilience of the Bitcoin network. The group has pledged an aggregate $15 million over the next three years to independently fund open-source developers and researchers, with a primary focus on preparing the protocol for potential risks posed by quantum computing. Founding members also include Anchorage Digital, ARK Invest, Block, Blockstream, Fidelity Digital Assets, and Galaxy Digital. Rather than pooling capital into a centralized fund, each participating firm will directly allocate its own contributions to developers, researchers, or non-profit organizations of its choosing. Day-to-day coordination for the group will be handled in a volunteer capacity by Mike Schmidt, executive director of Brink, a non-profit organization that funds Bitcoin core development. The consortium explicitly noted that it will not develop code, mandate protocol changes, or act as an official voice for Bitcoin, leaving network development entirely to the global decentralized community. While quantum computers capable of cracking Bitcoin's underlying elliptic curve cryptography do not currently exist, security experts note that developing and deploying post-quantum signature schemes across the decentralized ecosystem could require years of effort. In addition to funding technical research, the consortium plans to publish credible, updated educational materials to inform investors, policymakers, and the public about the state of Bitcoin's cryptographic security. Bitcoin Core developers do incredibly important work, and we're pleased that our firm and the others in this group will now be making significant additional funding available to support Bitcoin's long-term security needs, said Robert Mitchnick, global head of digital assets at BlackRock. The announcement reflects a broader push among major financial institutions to safeguard the core infrastructure supporting billions of dollars in digital asset products. By establishing dedicated funding pipelines for security research, institutional custodians and asset managers aim to ensure the protocol remains resilient against emerging technological shifts for generations to come. Disclaimer: This article is for informational purposes only and does not constitute advice of any kind. Readers should conduct their own research before making any decisions.

Nine major institutions including BlackRock, Strategy and Coinbase launched the Bitcoin Security Consortium on July 23, 2026
Members pledged a combined $15 million over three years to support long-term Bitcoin security research
Primary focus includes preparations for potential quantum computing threats to Bitcoin cryptography
Funds directed independently by each member; consortium takes no role in protocol development or governance
A group of nine leading financial institutions and Bitcoin companies announced the launch of the Bitcoin Security Consortium on July 23, 2026, committing resources to strengthen the network’s long-term security and resilience.
The founding members are Anchorage Digital, ARK Invest, BlackRock, Block, Blockstream, Coinbase, Fidelity Digital Assets, Galaxy and Strategy. They have independently pledged an aggregate of $15 million over the next three years to fund developers and researchers already working on Bitcoin’s security, including post-quantum cryptography efforts, according to the official press release.
“As long-term holders, we have every incentive to see Bitcoin remain secure for generations. Funding the people who do this work, and helping inform the conversation around it, is a natural way for us to contribute,” said Phong Le, Chief Executive Officer of Strategy, in the announcement.
Robert Mitchnick, Global Head of Digital Assets at BlackRock, added: “Bitcoin Core developers do incredibly important work, and we’re pleased that our firm and the others in this group will now be making significant additional funding available to support Bitcoin’s long-term security needs.”
Day-to-day coordination of the consortium is handled on a volunteer basis by Mike Schmidt, executive director of Brink, a nonprofit that funds Bitcoin open-source developers. The group emphasizes that it will not develop, direct or speak for the Bitcoin protocol or its decentralized developer community, and takes no position on specific protocol changes, as reported by CoinDesk.
While large-scale quantum computers capable of breaking Bitcoin’s current cryptography do not exist today and are estimated to be years away, the consortium views preparation for post-quantum protections as a long-term priority already underway in the technical community. In the coming months, the group intends to publish and maintain materials tracking the state of Bitcoin security work for investors, the public and media, per details shared in coverage by Decrypt and Bitcoin.com News.
The initiative is modeled on traditional industry support for open-source software, providing resources and awareness without exerting control. Individual members will direct their contributions to selected developers, researchers or organizations rather than pooling funds through the consortium.
The post BlackRock, Strategy and Coinbase Launch $15M Bitcoin Security Consortium to Counter Quantum Threats appeared first on Cryptopress.

Nine firms including BlackRock, Strategy and Coinbase form Bitcoin Security Consortium, pledging $15 million over three years to fund post-quantum research and Bitcoin open-source security.
Agroup of nine leading financial institutions and Bitcoin companies announced the launch of the Bitcoin Security Consortium on July 23, 2026, committing resources to strengthen the network’s long-term security and resilience.
The founding members are Anchorage Digital, ARK Invest, BlackRock, Block, Blockstream, Coinbase, Fidelity Digital Assets, Galaxy and Strategy. They have independently pledged an aggregate of $15 million over the next three years to fund developers and researchers already working on Bitcoin’s security, including post-quantum cryptography efforts, according to the official press release.
“As long-term holders, we have every incentive to see Bitcoin remain secure for generations. Funding the people who do this work, and helping inform the conversation around it, is a natural way for us to contribute,” said Phong Le, Chief Executive Officer of Strategy, in the announcement.
Robert Mitchnick, Global Head of Digital Assets at BlackRock, added: “Bitcoin Core developers do incredibly important work, and we’re pleased that our firm and the others in this group will now be making significant additional funding available to support Bitcoin’s long-term security needs.”
Day-to-day coordination of the consortium is handled on a volunteer basis by Mike Schmidt, executive director of Brink, a nonprofit that funds Bitcoin open-source developers. The group emphasizes that it will not develop, direct or speak for the Bitcoin protocol or its decentralized developer community, and takes no position on specific protocol changes, as reported by CoinDesk.
While large-scale quantum computers capable of breaking Bitcoin’s current cryptography do not exist today and are estimated to be years away, the consortium views preparation for post-quantum protections as a long-term priority already underway in the technical community. In the coming months, the group intends to publish and maintain materials tracking the state of Bitcoin security work for investors, the public and media, per details shared in coverage by Decrypt and Bitcoin.com News.
The initiative is modeled on traditional industry support for open-source software, providing resources and awareness without exerting control. Individual members will direct their contributions to selected developers, researchers or organizations rather than pooling funds through the consortium.

The number of U.S. merchants accepting Bitcoin has tripled over the past year, driven by businesses seeking alternatives to traditional credit card processing fees through layer-2 settlement rails. U.S. merchant Bitcoin acceptance tripled as retailers look to lower payment processing overhead. Lightning Network transactions allow businesses to bypass standard 2% to 3% credit card interchange fees for costs under a penny. Global retail Bitcoin usage increased 74%, reflecting broader worldwide adoption across point-of-sale systems. The acceleration in merchant adoption across the United States highlights a pivotal shift in how brick-and-mortar and e-commerce retailers view digital assets. Rather than treating cryptocurrency solely as a speculative asset or treasury reserve, merchants are increasingly deploying Bitcoin (BTC) as an operational payment tool to reduce transaction overhead. Traditional legacy payment rails, including major card networks, typically charge merchants between 2% and 3% in interchange and interchange-related processing fees on every sale. By contrast, transactions routed through the Bitcoin Lightning Network settle near-instantaneously and cost fractions of a cent, allowing merchants to preserve profit margins—especially in high-volume, low-margin retail sectors. This cost advantage has driven broader adoption beyond the U.S. border. Global retail usage of Bitcoin for merchant payments surged 74% over the same period. Modern point-of-sale (POS) integrations and turn-key checkout tools—which automatically convert received Bitcoin to local fiat currency—have eliminated volatility risks for merchants while offering total immunity from traditional payment chargeback fraud. Swapping out a 3% transaction tax for instant Lightning settlement provides an immediate boost to retail operating margins that businesses simply cannot ignore, noted payment integration analysts. As major e-commerce platforms like Shopify and specialized POS providers continue streamlining plug-and-play payment infrastructure, market observers expect merchant integration rates and everyday transaction volume to remain on an upward trajectory. Disclaimer: This article is for informational purposes only and does not constitute advice of any kind. Readers should conduct their own research before making any decisions.
The post US Merchant Bitcoin Acceptance Triples as Lightning Network Cuts Processing Fees appeared first on Cryptopress.

When Pavel Durov announced that Telegram would embed a non-custodial crypto wallet directly into every version of its billion-user app, the industry felt the tremor. This isn’t another incremental feature rollout—it’s a tectonic shift in how mainstream audiences will interact with digital assets.
For years, crypto adoption has been hampered by friction. Custodial wallets, clunky interfaces, and opaque fees kept the promise of peer-to-peer finance locked behind technical barriers. Telegram’s move obliterates those barriers. By offering instant, zero-fee transactions through the Gram token, the company is positioning itself as the gateway to mass crypto utility.
The contrast with Telegram’s existing custodial @wallet bot is stark. Custody has always been crypto’s Achilles’ heel—users trade convenience for vulnerability, trusting third parties with private keys. Embedding self-custody into the app flips that equation. It democratizes control, ensuring that ownership is not a service but a right.
Markets reacted predictably. Gram surged to an intraday high of $1.59, though it remains down nearly half from its May peak of $2.88. Skeptics will point to volatility as proof of fragility. But volatility is not the story here—distribution is. Telegram is about to put a crypto wallet in the hands of more people than any other company in history. That scale changes the narrative.
The implications ripple across the ecosystem. Exchanges, payment processors, and even banks will need to reckon with a world where a billion people can transact instantly without intermediaries. Stablecoins may dominate liquidity today, but Gram’s integration into a social platform with unparalleled reach could redefine settlement itself.
Critics will argue that Telegram is walking a regulatory tightrope. Governments are already wary of messaging apps doubling as financial platforms. Embedding a non-custodial wallet raises questions about compliance, anti-money laundering, and systemic risk. Yet, history suggests that innovation rarely waits for permission. Just as PayPal forced regulators to adapt in the early 2000s, Telegram may compel a new framework for digital self-custody.
There is also the philosophical dimension. Crypto was born to decentralize power, but adoption has often meant compromise—centralized exchanges, custodial services, and corporate intermediaries. Telegram’s wallet rollout is a return to first principles. It is a reminder that the true revolution lies not in speculation but in sovereignty.
Still, challenges loom. Gram must prove it can sustain utility beyond hype. Liquidity, developer adoption, and integration with broader DeFi ecosystems will determine whether Telegram’s wallet is a novelty or a cornerstone. If Gram becomes the default medium of exchange within Telegram’s social graph, it could evolve into the most widely used token in the world.
The stakes are enormous. Telegram is not just launching a wallet; it is redefining the relationship between communication and commerce. In one stroke, it is collapsing the distance between social interaction and financial transaction. That fusion could unlock a new era of digital economies—where sending a meme and sending money are indistinguishable acts.
Whether Gram stabilizes or stumbles, the precedent is set. Crypto is no longer a niche pursuit—it is becoming a native feature of global platforms. Telegram’s gamble is audacious, but audacity is often the catalyst of transformation.
The largest rollout of a non-custodial wallet in human history is not just a milestone—it is a manifesto. Telegram is declaring that the future of finance belongs not to institutions, but to individuals. And in doing so, it may have just rewritten the playbook for crypto adoption.
The post Telegram’s Billion-User Bet: The Gram Wallet Revolution appeared first on Cryptopress.

Coinbase CEO Brian Armstrong confirmed that the CLARITY Act is ready for a full U.S. Senate floor vote following extensive bipartisan negotiations.
The revised market structure legislation incorporates key compromises on stablecoin rewards, non-custodial developer protections, and regulatory oversight split between the SEC and CFTC.
Key amendments include strict ethics rules prohibiting federal officials, including the U.S. President, from issuing or sponsoring digital assets for profit.
Coinbase Chief Executive Officer Brian Armstrong announced that the Digital Asset Market Clarity Act (CLARITY Act) is finalized and prepared for a full floor vote in the U.S. Senate, signaling a potential breakthrough for digital asset market structure regulation in the United States.
Speaking in a public video update, Armstrong emphasized that the proposed legislation represents a bipartisan compromise achieved after thousands of hours of negotiation between lawmakers, banking executives, and crypto industry advocates. According to Armstrong, the bill establishes a clear federal regulatory framework designed to foster domestic innovation while providing essential consumer protections and tools for federal law enforcement.
“We, with fingers crossed, think in the next few weeks we have a good chance of getting this bill to the full Senate floor,” Armstrong stated, describing the current draft as a balanced outcome where both the traditional banking sector and digital asset firms made significant concessions.
Legislative momentum picked up momentum after Senator Cynthia Lummis released an updated draft of the bill incorporating new ethics provisions sought by Senate Democrats. The amended text explicitly bans all federal officials, including the President, from issuing or sponsoring digital assets for personal financial gain, addressing key regulatory and political hurdles that previously threatened to stall the bill before the congressional recess.
A core element of the legislative compromise focuses on stablecoin reward models, which had drawn pushback from commercial banking lobbies. Under the updated agreement, passive yields paid to users merely for holding idle stablecoin balances are banned, whereas rewards linked to active transactions, network usage, or payments remain allowed. Furthermore, the framework formalizes regulatory division by allocating oversight between the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC), while granting statutory clarity to non-custodial software developers.
Following its 15-9 approval by the Senate Banking Committee, the CLARITY Act now awaits scheduling for a final Senate vote, representing the most advanced effort by U.S. lawmakers to establish comprehensive market rules for digital assets.
Disclaimer: This article is for informational purposes only and does not constitute advice of any kind. Readers should conduct their own research before making any decisions.
The post Coinbase CEO Brian Armstrong Declares Crypto CLARITY Act Ready for Full Senate Floor Vote appeared first on Cryptopress.

The number of U.S. merchants accepting Bitcoin has tripled over the past year, driven by businesses seeking alternatives to traditional credit card processing fees through layer-2 settlement rails. U.S. merchant Bitcoin acceptance tripled as retailers look to lower payment processing overhead. Lightning Network transactions allow businesses to bypass standard 2% to 3% credit card interchange fees for costs under a penny. Global retail Bitcoin usage increased 74%, reflecting broader worldwide adoption across point-of-sale systems. The acceleration in merchant adoption across the United States highlights a pivotal shift in how brick-and-mortar and e-commerce retailers view digital assets. Rather than treating cryptocurrency solely as a speculative asset or treasury reserve, merchants are increasingly deploying Bitcoin (BTC) as an operational payment tool to reduce transaction overhead. Traditional legacy payment rails, including major card networks, typically charge merchants between 2% and 3% in interchange and interchange-related processing fees on every sale. By contrast, transactions routed through the Bitcoin Lightning Network settle near-instantaneously and cost fractions of a cent, allowing merchants to preserve profit margins—especially in high-volume, low-margin retail sectors. This cost advantage has driven broader adoption beyond the U.S. border. Global retail usage of Bitcoin for merchant payments surged 74% over the same period. Modern point-of-sale (POS) integrations and turn-key checkout tools—which automatically convert received Bitcoin to local fiat currency—have eliminated volatility risks for merchants while offering total immunity from traditional payment chargeback fraud. Swapping out a 3% transaction tax for instant Lightning settlement provides an immediate boost to retail operating margins that businesses simply cannot ignore, noted payment integration analysts. As major e-commerce platforms like Shopify and specialized POS providers continue streamlining plug-and-play payment infrastructure, market observers expect merchant integration rates and everyday transaction volume to remain on an upward trajectory. Disclaimer: This article is for informational purposes only and does not constitute advice of any kind. Readers should conduct their own research before making any decisions.

<hr><ul> <li><strong>Robinhood Chain recorded 323,969 daily active users</strong> on July 21, surpassing Coinbase-incubated Layer-2 Base's 274,520 users.</li> <li><strong>Total value locked (TVL) on the network surged to $588.9 million</strong>, driven by strong inflows into lending protocols like Morpho and Ethena.</li> <li><strong>Memecoin trading accounted for the bulk of spot DEX volume</strong>, despite the chain's core focus on tokenized real-world assets and stock tokens.</li></ul><hr><p>Robinhood Chain has overtaken Coinbase’s Base in daily active users (DAUs) just three weeks after opening its mainnet to the public, marking a major shift in retail Layer-2 dominance.</p><p>On July 21, <strong>Robinhood Chain registered 323,969 daily active users</strong> compared to Base's 274,520, according to on-chain tracking data from Artemis. The Arbitrum Orbit-based Layer-2 network also set a fresh record high in <strong>total value locked (TVL) at $588.9 million</strong>, representing a 14% single-day jump from $514 million on July 20.</p><p>The network's daily active addresses first crossed above Base on July 11 before trading places throughout mid-July. Activity on the retail-focused chain has surged rapidly since its public mainnet launch on July 1, up from fewer than 1,500 daily active users in late June.</p><p>Spot decentralized exchange (DEX) volume on Robinhood Chain also edged ahead of Base, reaching <strong>$624 million in 24-hour volume</strong> compared to Base’s $603 million. Decentralized lending protocol Morpho currently commands the largest share of liquidity on the network, holding $260.6 million—or roughly 44%—of total TVL, followed by synthetic dollar issuer Ethena at 26%.</p><p>Despite being built to support tokenized stocks and real-world assets (RWAs), early transaction volume on the chain has been largely fueled by speculative activity. On-chain analysts estimate that <strong>memecoins represented nearly 80% of spot DEX activity</strong> across the network over the past week, while tokenized stock market capitalization stands at a modest $19.3 million across 36,170 holders.</p><p>While Robinhood Chain leads in recent daily user activity, Base maintains a significant advantage across core structural metrics. Base holds approximately <strong>$4.64 billion in DeFi TVL</strong>—roughly eight times that of Robinhood Chain—along with $4.84 billion in stablecoin supply and over $255 million in daily perpetual futures volume.</p><p><small>Disclaimer: This article is for informational purposes only and does not constitute advice of any kind. Readers should conduct their own research before making any decisions.</small></p>

BitMEX will cease all exchange operations on September 23, 2026, at 04:00:00 UTC.
New account sign-ups halted immediately; from August 26, 2026, users can only reduce existing positions with risk limits applied.
All open positions will be force-closed in an orderly manner ahead of the final shutdown deadline.
Users are strongly encouraged to close positions and withdraw funds as soon as possible to avoid post-closure account fees on remaining balances.
The platform, which invented the 100x leverage perpetual swap, reported no loss of customer funds to hacks in over 11 years of operation.
BitMEX, a foundational player in crypto derivatives trading since its launch in 2014, revealed on July 23 that it will permanently shut down its exchange operations effective September 23, 2026, at 04:00:00 UTC, following a strategic review by its owner, HDR Global Trading Limited. The official announcement described the move as a difficult decision made “with a heavy heart.”
In a post on X, the exchange stated: “Today, we share with a very heavy heart that BitMEX exchange will shut down its operations, effective 23 September 2026 at 04:00:00 UTC. … We want to reassure you that your assets remain fully safe and under your control during this transition period.” @BitMEX urged users to close positions and withdraw promptly, linking to the detailed blog post for the full wind-down process.
The timeline includes an immediate halt to new registrations. Starting August 26, 2026, at 04:00 UTC, risk limits will prevent new positions, allowing only reductions of existing ones. Open positions will then be force closed gradually to ensure an orderly exit, with any remaining automatically closed at the closure time. BitMEX emphasized that it may force close positions at its discretion and holds no responsibility for losses if users fail to act.
Post-closure, users can still log in to withdraw balances, but KYC’d accounts with funds left will face monthly fees of the greater of a USD 50 equivalent or 1% per annum on remaining balances. The company highlighted its long-standing commitment to security, noting it has never lost user funds to hacks in its entire history.
BitMEX’s legacy includes pioneering the perpetual swap contract with up to 100x leverage, a product that has since been adopted industry-wide. Data shows crypto perpetual swap volumes reached $61.7 trillion in 2025, an increase of $13.8 trillion from the prior year. Decrypt reported, citing CryptoQuant figures. While BitMEX’s prominence has waned relative to larger competitors, its closure represents a notable shift for traders who valued its early innovations in derivatives.
The announcement comes as the broader crypto trading ecosystem continues to evolve, with numerous platforms now offering similar leveraged products. BitMEX expressed pride in its contributions and encouraged users to explore other established venues for ongoing trading needs. All assets are stated to exceed liabilities per the platform’s Proof of Reserves.
The post BitMEX to Shut Down on September 23, 2026, Citing Strategic Review appeared first on Cryptopress.

BitMEX, pioneer of perpetual swaps, will close its crypto derivatives exchange Sept. 23, 2026, at 04:00 UTC. New sign-ups halted; close positions and withdraw funds by Aug. 26.
BitMEX, a foundational player in crypto derivatives trading since its launch in 2014, revealed on July 23 that it will permanently shut down its exchange operations effective September 23, 2026, at 04:00:00 UTC, following a strategic review by its owner, HDR Global Trading Limited. The official announcement described the move as a difficult decision made “with a heavy heart.”
In a post on X, the exchange stated: “Today, we share with a very heavy heart that BitMEX exchange will shut down its operations, effective 23 September 2026 at 04:00:00 UTC. … We want to reassure you that your assets remain fully safe and under your control during this transition period.” @BitMEX urged users to close positions and withdraw promptly, linking to the detailed blog post for the full wind-down process.
The timeline includes an immediate halt to new registrations. Starting August 26, 2026, at 04:00 UTC, risk limits will prevent new positions, allowing only reductions of existing ones. Open positions will then be force closed gradually to ensure an orderly exit, with any remaining automatically closed at the closure time. BitMEX emphasized that it may force close positions at its discretion and holds no responsibility for losses if users fail to act.
Post-closure, users can still log in to withdraw balances, but KYC’d accounts with funds left will face monthly fees of the greater of a USD 50 equivalent or 1% per annum on remaining balances. The company highlighted its long-standing commitment to security, noting it has never lost user funds to hacks in its entire history.
BitMEX’s legacy includes pioneering the perpetual swap contract with up to 100x leverage, a product that has since been adopted industry-wide. Data shows crypto perpetual swap volumes reached $61.7 trillion in 2025, an increase of $13.8 trillion from the prior year. Decrypt reported, citing CryptoQuant figures. While BitMEX’s prominence has waned relative to larger competitors, its closure represents a notable shift for traders who valued its early innovations in derivatives.
The announcement comes as the broader crypto trading ecosystem continues to evolve, with numerous platforms now offering similar leveraged products. BitMEX expressed pride in its contributions and encouraged users to explore other established venues for ongoing trading needs. All assets are stated to exceed liabilities per the platform’s Proof of Reserves.
2026 © Cryptopress. For informational purposes only, not offered as advice of any kind.

Telegram plans to introduce a native non-custodial Gram wallet across every version of its messaging app this summer, targeting more than 1 billion users with instant, zero-fee crypto transactions.
The initiative expands on the existing @wallet bot, which has already attracted over 150 million registered users operating in a partly custodial model.
Founder Pavel Durov described the development as the largest rollout of a non-custodial crypto wallet in human history, with the Gram token rising roughly 7% following the announcement.
The move leverages recent performance upgrades to The Open Network (TON) blockchain and positions Telegram as a key on-ramp for mainstream crypto adoption and payments.
Telegram founder Pavel Durov announced plans to roll out a native non-custodial Gram wallet to every version of the Telegram app this summer, potentially bringing self-custodial cryptocurrency access and instant zero-fee transactions to more than 1 billion users worldwide.
The development, revealed on July 21, 2026, builds directly on Telegram’s existing Wallet bot (@wallet), which is operated by The Open Platform and currently serves over 150 million registered users in a partly custodial capacity. The new native implementation will be fully non-custodial, allowing users to retain full control of their private keys.
In a post on X, Durov stated: “This summer will see the largest rollout of a non-custodial crypto wallet in human history. Instant zero-fee crypto transactions for over a billion users are about to become reality. We’re bringing a native non-custodial Gram wallet to every Telegram app! ” posted on X.
The wallet will support Gram, the native token of The Open Network (TON) blockchain, which was rebranded from Toncoin in June 2026. The announcement triggered a positive market response, with Gram’s price increasing by roughly 7% to trade above $1.52, resulting in a market capitalization of approximately $4.18 billion, according to reports.
Decrypt reported that the rollout aims to facilitate seamless crypto payments for small businesses and retailers within the app ecosystem, capitalizing on Telegram’s vast global user base, particularly in emerging markets where the platform is dominant.
Recent upgrades to the TON blockchain, including a 6x increase in block rate and faster transaction finality, have paved the way for this scale of adoption. Durov has previously outlined a multi-step plan to enhance the network’s performance and reduce fees further.
While the precise rollout timeline within summer 2026 has not been detailed, the phased deployment is anticipated to commence imminently. Observers highlight the potential for substantial growth in on-chain activity and user onboarding to non-custodial solutions, though success will depend on user experience, security measures, and navigating evolving regulatory landscapes across jurisdictions.
The post Pavel Durov Announces Native Non-Custodial Gram Wallet Rollout for Over 1 Billion Telegram Users appeared first on Cryptopress.

An estimated 50 million Americans now hold Bitcoin, surpassing the roughly 37 million who own physical gold, according to a report by Bitcoin financial services company River. The milestone highlights a dramatic generational pivot toward digital hard assets across the United States. U.S. Bitcoin ownership has reached approximately 50 million individuals (18.6% of American adults), compared to 37 million (10.8%) holding gold. The United States accounts for roughly 40% of the total global Bitcoin supply and 94.8% of all public corporate Bitcoin holdings worldwide. Four out of five Americans support converting a portion of national gold reserves into Bitcoin, with median recommendations ranging from 10% to 24% among younger cohorts. Data compiled by River—drawing on survey metrics from The Nakamoto Project and the Gold IRA Guide—indicates that roughly 18.6% of American adults now possess Bitcoin. By contrast, traditional physical gold ownership stands at 10.8%. The roughly 35% gap underscores how rapidly digital assets have achieved mainstream penetration compared to an asset class with a 5,000-year head start. America’s dominant position extends far beyond individual retail investors. U.S. entities currently control 40% of global circulating Bitcoin. Furthermore, U.S. publicly traded companies hold 94.8% of all corporate-owned Bitcoin on global balance sheets, led by major treasury accumulators. The federal government itself holds approximately 198,000 BTC, representing nearly two-thirds of all nation-state Bitcoin reserves globally. The acceleration in adoption is largely attributed to friction-free mobile access, regulatory developments, and broader distribution via spot exchange-traded funds (ETFs) introduced by legacy financial institutions like Bank of America, Fidelity, and Vanguard. While gold still retains dominance among central banks and institutional balance sheets, Bitcoin’s monetization curve has outpaced gold’s early fund vehicles; Bitcoin ETFs reached $10 billion in assets within seven weeks, a benchmark that took gold ETFs over two years. “America’s story began with sound money. Hard-working Americans saved their wealth in gold-backed money. Today, Bitcoin carries that torch forward,” River stated in its adoption analysis. Public sentiment is also tracking the shift. A survey of 3,345 Americans conducted by The Nakamoto Project and Qualtrics found that 80% of respondents favor reallocating a portion of the U.S. national gold reserve into Bitcoin. Among investors under the age of 45, the median recommended allocation rose to 24%, emphasizing a structural demographic divide in perception of reserve assets. Disclaimer: This article is for informational purposes only and does not constitute advice of any kind. Readers should conduct their own research before making any decisions.
The post More Americans Now Own Bitcoin Than Gold as U.S. Dominates Global Crypto Holdings appeared first on Cryptopress.

An estimated 50 million Americans now hold Bitcoin, surpassing the roughly 37 million who own physical gold, according to a report by Bitcoin financial services company River. The milestone highlights a dramatic generational pivot toward digital hard assets across the United States. U.S. Bitcoin ownership has reached approximately 50 million individuals (18.6% of American adults), compared to 37 million (10.8%) holding gold. The United States accounts for roughly 40% of the total global Bitcoin supply and 94.8% of all public corporate Bitcoin holdings worldwide. Four out of five Americans support converting a portion of national gold reserves into Bitcoin, with median recommendations ranging from 10% to 24% among younger cohorts. Data compiled by River—drawing on survey metrics from The Nakamoto Project and the Gold IRA Guide—indicates that roughly 18.6% of American adults now possess Bitcoin. By contrast, traditional physical gold ownership stands at 10.8%. The roughly 35% gap underscores how rapidly digital assets have achieved mainstream penetration compared to an asset class with a 5,000-year head start. America's dominant position extends far beyond individual retail investors. U.S. entities currently control 40% of global circulating Bitcoin. Furthermore, U.S. publicly traded companies hold 94.8% of all corporate-owned Bitcoin on global balance sheets, led by major treasury accumulators. The federal government itself holds approximately 198,000 BTC, representing nearly two-thirds of all nation-state Bitcoin reserves globally. The acceleration in adoption is largely attributed to friction-free mobile access, regulatory developments, and broader distribution via spot exchange-traded funds (ETFs) introduced by legacy financial institutions like Bank of America, Fidelity, and Vanguard. While gold still retains dominance among central banks and institutional balance sheets, Bitcoin's monetization curve has outpaced gold's early fund vehicles; Bitcoin ETFs reached $10 billion in assets within seven weeks, a benchmark that took gold ETFs over two years. "America's story began with sound money. Hard-working Americans saved their wealth in gold-backed money. Today, Bitcoin carries that torch forward," River stated in its adoption analysis. Public sentiment is also tracking the shift. A survey of 3,345 Americans conducted by The Nakamoto Project and Qualtrics found that 80% of respondents favor reallocating a portion of the U.S. national gold reserve into Bitcoin. Among investors under the age of 45, the median recommended allocation rose to 24%, emphasizing a structural demographic divide in perception of reserve assets. Disclaimer: This article is for informational purposes only and does not constitute advice of any kind. Readers should conduct their own research before making any decisions.

Pavel Durov announces a native non-custodial Gram crypto wallet for 1B+ Telegram users this summer, enabling instant zero-fee transactions and boosting crypto adoption.
Telegram founder Pavel Durov announced plans to roll out a native non-custodial Gram wallet to every version of the Telegram app this summer, potentially bringing self-custodial cryptocurrency access and instant zero-fee transactions to more than 1 billion users worldwide.
The development, revealed on July 21, 2026, builds directly on Telegram’s existing Wallet bot (@wallet), which is operated by The Open Platform and currently serves over 150 million registered users in a partly custodial capacity. The new native implementation will be fully non-custodial, allowing users to retain full control of their private keys.
In a post on X, Durov stated: “This summer will see the largest rollout of a non-custodial crypto wallet in human history. ⚡️Instant zero-fee crypto transactions for over a billion users are about to become reality. We’re bringing a native non-custodial Gram wallet to every Telegram app! 💎” posted on X.
The wallet will support Gram, the native token of The Open Network (TON) blockchain, which was rebranded from Toncoin in June 2026. The announcement triggered a positive market response, with Gram’s price increasing by roughly 7% to trade above $1.52, resulting in a market capitalization of approximately $4.18 billion, according to reports.
Decrypt reported that the rollout aims to facilitate seamless crypto payments for small businesses and retailers within the app ecosystem, capitalizing on Telegram’s vast global user base, particularly in emerging markets where the platform is dominant.
Recent upgrades to the TON blockchain, including a 6x increase in block rate and faster transaction finality, have paved the way for this scale of adoption. Durov has previously outlined a multi-step plan to enhance the network’s performance and reduce fees further.
While the precise rollout timeline within summer 2026 has not been detailed, the phased deployment is anticipated to commence imminently. Observers highlight the potential for substantial growth in on-chain activity and user onboarding to non-custodial solutions, though success will depend on user experience, security measures, and navigating evolving regulatory landscapes across jurisdictions.
2026 © Cryptopress. For informational purposes only, not offered as advice of any kind.