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AVAX One reported Q2 2026 revenue of $2.8 million, up about 460% year over year, with Avalanche staking rewards accounting for roughly 75% of revenue. However, the company posted a $35.1 million net loss, largely due to non-cash digital-asset charges.

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President Donald Trump is facing a federal lawsuit over Truth API, a paid service from Trump Media that offers faster access to Truth Social posts from influential accounts, including his own. The Intercept and Freedom of the Press Foundation argue the setup gives paying clients preferential access to official, market-moving statements. The case raises questions over public information, trading advantages, and constitutional limits.

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Harmony confirmed a suspected exploit involving the unauthorized minting of roughly 4 billion ONE tokens, equal to more than 26% of existing supply. The attacker reportedly moved most of the tokens to exchanges as ONE’s price plunged, while Harmony works on a patch and rollback options.

Brazil’s largest bank, Itaú Unibanco, has partnered with tokenization firm OpenAssets to participate in an ANBIMA-led pilot testing the issuance, trading and settlement of tokenized fixed-income securities and investment funds.

Trump-backed candidate Mike Lindell lost the Minnesota Republican governor primary to state House Speaker Lisa Demuth. Demuth led with about 44% of counted votes, while Lindell received roughly 32%, according to the Associated Press. The state GOP had endorsed Kendall Qualls, who also failed to win. Demuth will now represent Republicans in the November general election.

The Trump administration is again leaning on sanctions and financial pressure as negotiations with Iran remain stalled. Trump says Iran’s economic weakness could push its leadership toward concessions on its nuclear program and reopening the Strait of Hormuz. The renewed focus comes as U.S. weapons stockpiles face pressure and restricted shipping through the key waterway continues to support higher oil prices.

Aster burned another 2.85 million ASTER tokens, worth approximately $1.74 million, according to Onchain Lens. The latest burn brings Aster’s cumulative token destruction to 188.87 million, representing about 3.78% of its progress toward the lower supply limit of 3 billion tokens.

Cardano Foundation CTO Giorgio Zinetti will leave the organization on August 31, after joining as CTO in 2024. The Foundation thanked him for his contributions and said its Board and executive team will continue focusing on technical development and enterprise adoption.

A New York Times investigation found that Guren “Bobby” Zhou, a businessman previously investigated for money laundering in Britain, invested $100 million in Trump-linked World Liberty Financial through Aqua 1. The source of the funds remains unclear, raising questions over AML compliance.

CoinMarketCap’s India trending list shows Beldex (BDX), Pons (PONS) and Tutorial (TUT) among the most-watched cryptocurrencies over the past 24 hours. PONS gained 27.06%, while TUT surged 32.94%, with TUT up more than 925% over seven days.