Today's top 10 stories: NEAR's Illia Polosukhin floats a protocol sovereign fund; Telegram returns to the App Store; OpenAI claims new math breakthroughs
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Today's headlines are BTC-centric: Galaxy Research estimates COLDCARD hack losses above $100M with 1,596 BTC confirmed stolen, raising security and counterparty-risk focus. Strategy's sale of 1,638 BTC adds notable, identifiable supply to the market narrative. In parallel, U.S. legislative uncertainty persists as the Senate nears a CLARITY Act vote but ethics provisions remain unresolved, keeping regulatory risk elevated across crypto.
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Need a quick catch-up? Here are today's top 10 stories.
1) NEAR Protocol cofounder Illia Polosukhin proposed creating a protocol sovereign fund to finance public goods such as network security.
2) Telegram said its app has been restored on Apple's App Store after briefly disappearing.
3) OpenAI said an internal version of its next major model generated 10 new results on unsolved math and computer science problems using about $2,000 worth of tokens.
4) China is increasingly concerned that Anthropic's Mythos could be used against its economy, creating a new flashpoint ahead of the planned Xi–Trump summit, Bloomberg reported.
5) Galaxy Research said losses tied to the COLDCARD hack have surpassed $100 million, with 1,596 BTC confirmed stolen and a potential total rising to $130 million.
6) An FBI agent is accused of stealing roughly $1 million in crypto from a suspect's accounts and later confessed it was "eating him up inside," according to court documents.
7) The White House has not responded to Senators Thom Tillis and Ruben Gallego's ethics counterproposal, leaving the biggest sticking point in the Clarity Act unresolved, Eleanor Terrett reported.
8) President Donald Trump said Iran faces "decapitation" if it does not strike a deal, calling it Iran's last chance before a major attack.
9) Senate Majority Leader John Thune said he still expects the Senate to vote on the crypto CLARITY Act within the next four days, before lawmakers depart for the August recess.
10) Strategy sold 1,638 BTC, cutting its holdings to 842,138 BTC.