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Bitcoin mining companies that saw their stock prices surge after pivoting to the artificial intelligence (AI) infrastructure business are now drawing market attention for stock sales by insiders and major investors as AI-related stocks undergo a correction, according to an analysis by Blocksbridge. The report notes that these miners significantly increased their corporate value by restructuring their operations around data centers and power infrastructure. However, with the recent weakness in the AI and semiconductor sectors, the TEM AI Infrastructure Growth Index has fallen 16% over the past month. Amid this downturn, executives at TeraWulf, Cipher Digital, Riot Platforms, and Core Scientific have all disclosed sales of their company stock. While most of these transactions were conducted under pre-arranged trading plans based on U.S. Securities and Exchange Commission (SEC) guidelines, the timing of the sales has attracted heightened market interest following the decline in AI-related stock prices. In addition to executives, investors are also reducing their holdings, with Tether notably trimming its stake in Bitdeer, another company that saw its stock rise on its AI business pivot.

Bitwise has added HYPE and XLM to its flagship crypto index ETF (BITW) while removing DOT and AVAX, BeInCrypto reported. HYPE was incorporated with a weighting of 0.93% and XLM with 0.38%, making HYPE the fifth-largest holding in the fund after BTC, ETH, XRP, and SOL. BITW operates similarly to a stock market index fund, automatically holding the top 10 eligible cryptocurrencies by market capitalization. This allows investors to gain exposure to the assets without purchasing them directly.

Cosmos (ATOM) announced a partnership with Spain-based IT firm Peersyst to expand its digital ledger infrastructure in Latin America and Spain. The agreement builds on a long-standing collaboration between the two companies. Peersyst will now serve as a key partner in supplying Cosmos-based blockchain solutions within the region.

Cryptocurrency projects lost $972 million to hacking in the first half of this year, according to a recent report from Web3 security firm Immunefi. While the number of incidents hit a record high of 207, the total value of the losses was roughly half that of the same period last year.

Shares of MARA Holdings (MARA) have surged more than 15% after the company acquired a large site in Texas to serve as a power hub for its expanding mining and AI operations. The stock is currently trading at $13.76, up 14.60%.

U.S. investment bank Compass Point argued in a report that the value of Bitcoin mining companies is now being driven by artificial intelligence (AI) contracts rather than crypto, and that these firms are currently undervalued, CoinDesk reported. The bank suggested that miners transitioning into AI data centers should be assessed like landlords generating rental income, not by metrics tied to cryptocurrency prices. Compass Point identified Applied Digital (APLD), TeraWulf (WULF), and Cipher Digital (CIFR) as undervalued, noting that the market assigns little to no value to their unleased capacity despite its potential to generate significant rental income. The report explained that the next two years will be a turning point as these companies shift from announcing AI infrastructure deals to actual construction. Once projects are complete and rent payments begin, investors will gain a clearer view of the sustainable cash flow these facilities can produce.

Binance Pay has partnered with Kazakhstan's Alatau City Bank to support payment services on 5,000 point-of-sale (POS) terminals, Cointelegraph reported. This will enable cryptocurrency payments at merchants across Kazakhstan.

U.S. President Donald Trump stated that the U.S. has "already won" against Iran, particularly in the military sphere.

The Hyperliquid Policy Center (HPC) and Phantom have submitted a joint letter to the U.S. Commodity Futures Trading Commission (CFTC), arguing that on-chain regulation must clearly distinguish between infrastructure developers and financial service providers. They contended that U.S. financial regulation has long treated these as separate domains, citing the example of internet service providers who are not regulated as financial firms despite providing essential infrastructure. The letter stated that regulations should target the financial companies operating services, not the developers creating the technology. HPC and Phantom emphasized that the regulatory framework needs to be re-examined to foster innovation, drawing a parallel to how a software engineer who builds a matching engine is not involved in the operations of a futures exchange.

MARA Holdings (MARA) has acquired a large site in Texas to serve as a power hub for expanding its mining and AI businesses, BeInCrypto reported. The acquisition provides the company with a site that has access rights to up to 2,000 megawatts (MW) of the Texas power grid.

Circle Ventures has invested an undisclosed amount in blockchain analytics firm Elliptic. As part of the investment, Circle has joined Elliptic's agent-based design partner program, which brings together infrastructure providers, compliance specialists, and technology teams to develop next-generation compliance solutions. This follows Elliptic's $120 million Series D funding round in May, which was led by One Peak and included participation from Nasdaq Ventures, Deutsche Bank, and the British Business Bank.

According to Bitcoin Magazine, New Hampshire Governor Kelly Ayotte described Bitcoin as an issue that warrants serious consideration. She added that the state can continue to prosper by continuing to innovate.

Hong Kong's Securities and Futures Commission (SFC) has directed online brokerages and cryptocurrency trading platforms to discontinue the use of one-time password (OTP) authentication for logins and device registration, urging them to adopt new security frameworks. According to The Block, the move is designed to prevent account takeovers, financial fraud, and spoofing attacks. The SFC stated that companies must adopt authentication methods that prevent identity forgery, such as passkeys and device binding, in place of OTP for customer logins and device registrations.

Global publicly traded companies purchased a total of 110,000 BTC in the second quarter of this year, according to a monthly report from BitcoinTreasuries. The report noted that this volume is approximately 1.8 times the amount acquired over the previous two quarters combined, indicating a significant acceleration in the pace of Bitcoin purchases by listed firms.

The White House has sent a letter to the Senate stating it requested recommendations from Democrats for vacant commissioner seats at the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) but received no response, reported Eleanor Terrett, host of the crypto policy outlet Crypto in America. This refutes earlier claims from some Democratic senators that the Trump administration was rejecting their nominations. Terrett added that the demand to fill the regulatory vacancies is growing from both parties ahead of a Senate vote on the CLARITY Act. The personnel dispute between the Trump administration and Senate Democrats is now expected to potentially impact cryptocurrency policy.

Robinhood announced that it has listed SENT for spot trading.

The three major U.S. stock indices opened higher today. - S&P 500: +0.09% - Nasdaq: +0.20% - Dow Jones: +0.08%

PayPal now supports issuing its PYUSD stablecoin on the Polygon (POL) network, Polygon announced through its official X account.

Trade.xyz, the largest perpetual futures trading platform on Hyperliquid (HYPE), has listed SK Hynix American Depositary Receipts (ADRs) under the ticker SKHY. Each ADR represents 0.1 of a common share, meaning one common share is equivalent to 10 ADRs. The SKHY/USDC pair is currently trading at around $157. Meanwhile, Bloomberg reports that the offering price for the ADR listing was $149 per share, a 3.1% premium over the closing price of the common stock in South Korea.

Cryptocurrency payments firm MoonPay has integrated its AI crypto agent, MoonAgents, into Telegram, Decrypt reported. This allows users to chat with the AI agent on Telegram to perform market analysis, prepare trades, and monitor blockchain activity. MoonAgents utilizes Telegram as an AI interface, similar to OpenClaw and Hermes Agent.

New York Fed President John Williams stated that the Federal Reserve's ample reserves framework is designed for flexible responses, enabling it to handle the potential impact of stablecoins. He added that stablecoins are more of a payment method than a store of value and that the issue is still in its early stages.

On-chain analytics firm Glassnode noted that Bitcoin continues to be in an undervalued phase, trading below the average cost basis of key investors for the fifth consecutive month. According to Glassnode, the bottom formation process is ongoing but not yet complete. The firm highlighted that capitulation by BTC long-term holders (LTH) has reached an all-time high of $280 million per day, while spot BTC ETFs continue to see net outflows. Although investors in the derivatives market are maintaining long positions, the options market is still pricing in the possibility of further declines.

Aave Labs, the developer behind Aave (AAVE), announced the launch of Stable Vaults, a smart contract infrastructure designed to convert the complex variable interest rates of DeFi into fixed rates. According to a post on its official blog, the tool automates the process of managing fluctuating rates and blockchain infrastructure, which has traditionally been a challenge for those seeking to leverage DeFi interest income. Stable Vaults also includes a feature for general fintech and payment companies to integrate Aave-based yield models. The infrastructure utilizes Chainlink's (LINK) price feeds and its Cross-Chain Interoperability Protocol (CCIP).

Privy, a subsidiary of online payment firm Stripe, has co-developed a tool with Solana infrastructure company Jito Labs to improve the Solana chain's transaction processing speed and stability, The Block reported. The tool, called Fullsend, reduces Solana's transaction latency from 200ms to 50ms and includes features to block MEV risks such as bot front-running and sandwich attacks. Privy, which provides embedded wallet infrastructure that creates a cryptocurrency address upon login, has been operating the tool since early this year without a formal announcement. Meanwhile, Stripe is also developing Tempo, a stablecoin-focused Layer 1 chain, in partnership with crypto venture capital firm Paradigm.

Global crypto exchange Gate.io announced that its investigation into a user's claim of a $1.7 million hack found no evidence of information leaks or abnormal access. The announcement follows a claim by a Chinese user on X, who stated that their Gate.io account had been compromised for $1.7 million despite having enabled multiple security measures, including real-name verification and mobile, Google, and email authentication. The user said they had not changed their password but received a notification that it had been altered along with other security settings. Gate.io stated that the data provided by the user showed no issues and that a video submitted to alter security settings appeared to feature the user themselves. The exchange added that it is cooperating with a third party to freeze the assets and proceed with compensation, and will assist with any future investigations.