☕️ White House Outlines Crypto Policy Roadmap A presidential task force proposes restructuring digital asset oversight, while corporate treasuries and security exploits absorb major bitcoin supplies.
1. White House Group Recommends CFTC Spot Market Authority — A presidential task force advised Congress to grant the CFTC oversight of non-security digital asset spot markets [5]. The group also recommended banning central bank digital currencies and applying wash-sale rules to the sector [5]. 2. Strategy Acquires 24,869 Bitcoin for $2.01 Billion — The firm purchased the $BTC between May 11 and May 17, 2026, at an average price of $80,985 [3]. Strategy used proceeds from selling 19.5 million preferred shares to increase its treasury to 843,738 tokens [3]. 3. Coldcard Firmware Defect Results in $116 Million Theft — Attackers drained roughly 1,816 bitcoin from over 5,200 addresses starting July 30, 2026 [2]. A March 2021 software bug reduced seed entropy, enabling remote brute-force attacks that require users to migrate to new wallets [2]. 4. Visa Launches Institutional Stablecoin Platform in Beta — The payment network debuted a wallet-as-a-service platform with minting, burning, and custody support for Open USD [6]. Access is currently restricted to selected institutional clients during the testing phase [6]. 5. Securitize Deploys Tokenized US Equities on Solana — The issuer launched $USDC settled tokens backed one-to-one by Apple, Nvidia, and Tesla shares on the $SOL network [7]. The underlying assets maintain voting rights and cannot be lent out [7].
📊 Bitcoin trades at $82,142 with total market capitalization reaching $2.74 trillion, while Injective leads top gainers up 30.3 percent.
