According to an article published on the X platform by a Fox Business crypto reporter, multiple sources outside Capitol Hill indicate that the latest ethics proposal, coordinated by Sen.Thom Tillis and Sen.Ruben Gallego, includes the role of state attorneys general, but the full details and additional clauses in response to White House concerns remain unclear. The White House is currently reviewing the latest draft received this morning. It is also understood that industry representatives spent much of yesterday calling the White House, arguing that reaching an ethical compromise is crucial to advancing the Clarity Act's legislative process. The White House's response could largely determine whether the Senate moves on to a vote on the bill next week.

According to a report published on the X platform by Bitcoin News, Strategy plans to raise $17.06 billion through its 2026 capital plan, with $7.53 billion coming from STRC, and will increase its holdings to 843,800 BTC. The company has established a $3.75 billion USD Reserve, sufficient to cover preferred stock dividend and interest payments for over 2.1 years. Strategy will repurchase $1.5 billion in convertible notes at an 8% discount and repurchase STRC below par value, while also selling $218 million in Bitcoin to help pay preferred stock dividends. Future Bitcoin sales may also be used to replenish reserves and fund share buybacks. The report also introduces two new metrics. The BTC Hurdle ARR is currently 10.8%, representing Strategy's effective cost of credit. CFO Andrew Kang stated that when Bitcoin's annualized return exceeds this threshold, the net growth rate per Bitcoin will outpace Bitcoin itself. The document outlines the financial system Strategy has built around its Bitcoin treasury. The USD Reserve, Bitcoin Monetization Program, Digital Credit Framework, debt buybacks, and new KPIs all belong to the same structure. The company is creating a model that raises capital, manages liabilities, pays investors, and measures performance from the perspective of each Bitcoin.

Odaily Planet Daily reports that cryptocurrency exchange Coinbase released its second-quarter results, which fell short of expectations due to reduced trading activity caused by the crypto market sell-off in the second quarter. Its stock price fell approximately 5% in after-hours trading, with investors focusing on whether subscription revenue could offset the weaker trading fees.

According to Bitcoin News, approximately 594 BTC, worth about $38 million, were transferred from 500 addresses within 25 minutes on Thursday, before being consolidated into another wallet. The affected holdings all used single-signature addresses, with balances ranging from approximately 0.15 to 0.26 BTC. Many of these UTXOs had been dormant for years. Early speculation focused on Coldcard, as at least one victim used the device. Coldcard CEO NVK denied a device-wide vulnerability, stating that the user may have imported a previously leaked or weakened seed, and noted that the transfer involved keys from different wallets. Jameson Lopp stated that another victim only lost a portion of their UTXOs, not their entire wallet balance, which may indicate the exposure of individual private keys rather than a complete seed leak. The coordinated transfer is confirmed, but the source remains unknown, and there is no evidence of a Coldcard RNG defect, supply chain vulnerability, or Bitcoin cryptographic flaw.

Odaily Planet Daily reports that U.S. Treasury Secretary Scott Bessent urged the Senate on Thursday to pass the Clarity Act, stating that the House of Representatives passed the bill over a year ago, and Senate Banking and Agriculture Committee staff have since spent thousands of hours negotiating bipartisan revisions. Bessent said the bill would strengthen consumer protection and anti-money laundering requirements, and provide regulatory certainty for digital assets. He also stated that the Blockchain Regulatory Certainty Act provision in the Clarity Act would protect decentralized software developers, clarifying that they are not subject to the Bank Secrecy Act registration requirements. Bessent criticized Senate Democrats for delaying the vote for political reasons, saying the vote would determine whether the U.S. continues to maintain global leadership in digital assets. He concluded his post by quoting Bitcoin creator Satoshi Nakamoto: “If you don’t believe me or don’t understand, I don’t have time to try to convince you, sorry.” The Clarity Act aims to establish a federal framework for the U.S. digital asset market and divide regulatory responsibilities between the SEC and CFTC, with most crypto assets typically falling under CFTC jurisdiction. Senate Majority Leader John Thune recently stated that he does not expect the bill to pass the Senate before the August recess.