CoinDesk - 2026-08-02 ​
5 items collected.
1. Counting down the days: State of Crypto ​
Author: Nikhilesh De
Published: 8/2/2026, 6:30:00 PM
Categories: Policy, Newsletters, State of Crypto, News
The Senate is going on its summer break in a week, leaving next to no time left to sort out its remaining priorities in August. And obviously, the fate of Clarity is one of those priorities.
2. Why a DeFi platform ditched its consumer app to become the secret backend for tech giants ​
Author: Francisco Rodrigues
Published: 8/2/2026, 5:00:00 PM
Categories: Web3, DeFi, Stablecoins, Web3, News
Revenue fell from $80 million to $20 million in the bear market. OTC lending at $260 million outstanding is the fastest-growing line, targeting $1 billion by year-end.
3. The future of crypto payments won't include on-ramps or bridges, Fun CEO says ​
Author: Will Canny,AI Boost
Published: 8/2/2026, 4:00:00 PM
Categories: Tech, Prediction Markets, Exclusive, News
Alex Fine said standalone crypto payment rails are becoming obsolete as platforms shift toward unified funding flows that abstract away blockchain complexity for users.
4. The reverse bridge: Crypto meets Wall Street using perps ​
Author: Olivier Acuna
Published: 8/2/2026, 1:00:00 PM
Categories: Finance, Perps Week 2026, News
Crypto exchanges built perpetual futures for digital assets. Now they are using them to offer 24/7 exposure to stocks, commodities and indexes.
5. Unlike the FTX collapse, the $89 million Coldcard exploit has investors sending bitcoin back to exchanges ​
Author: Omkar Godbole
Published: 8/2/2026, 12:03:51 PM
Categories: Markets, Bitcoin News, News
The Coldcard vulnerability has smaller bitcoin holders moving funds onto exchanges for safety, according to blockchain analytics firms. This is opposite of the trend seen following the FTX collapse in late 2022.