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Google co-founder Sergey Brin has donated another $20 million to Build a Better California, an organization advocating against California’s proposed billionaire tax, according to a new filing. That means that the world’s fourth-richest man, whose net worth hovers around $267 billion, has now spent more than $100 million to avoid an estimated $13.3 billion tax payment. California’s Prop 40, known as the billionaire tax, would impose a one-time 5% tax on the net worth of around 200 billionaires that live in the state. The windfall from this proposed tax would mostly go toward funding California’s healthcare programs. The state’s Medicaid…

Bitcoin (BTC) slipped below $64,500 after Monday’s Wall Street open as markets digested more US-Iran uncertainty.Key points:Bitcoin joins US stocks in selling off amid uncertainty over whether the Strait of Hormuz will reopen.The Japanese yen commands attention as it slides back toward historic lows against the dollar.Bitcoin analysis doubts market strength despite “exceptionally strong” institutional inflows.Iran warns “no military solution” to Hormuz closureData from TradingView showed BTC/USD hitting $64,447 on Bitstamp, its lowest since Friday, before a modest rebound. BTC/USD one-hour chart. Source: Cointelegraph/TradingViewThis mirrored US stocks, which initially fell as the odds of the Strait of Hormuz oil route reopening…

The amount of Ether bridged to Robinhood’s new layer-2 blockchain exceeded $70 million in just the first week, according to Token Terminal. Robinhood Chain, an EVM-compatible Arbitrum-based layer-2 network that uses ETH as its native gas token, launched on July 1 with the company describing it as “AI-native and purpose-built for real-world assets.” “If adoption continues, the chain could become a meaningful new source of demand for ETH,” said Token Terminal on Thursday. Robinhood has also offered tokenized stocks to customers in more than 120 countries, responding to a surging demand for tokenized US equities. Ethereum and its layer-2 scaling networks have been a…

TRON, the layer-1 blockchain founded by Justin Sun, ended the second quarter with $87.9 billion in circulating USDT (USDT), surpassing Ethereum (ETH) while processing $2.1 trillion in USDT transfers during the period.According to a Messari report, USDT accounted for 98.5% of TRON’s stablecoin market, which grew 4.1% quarter-over-quarter to a record $89.2 billion. Average daily USDT transfer volume also returned to growth, rising 4.3% to $22.8 billion after declining in the first quarter. The increase coincided with record network usage. TRON averaged 11.8 million daily transactions during the quarter, up 8.7%, while average daily active addresses climbed 11.7% to 3.6 million.…

Latest NewsPublishedAug 10, 2026The LINK token may see a 25-fold increase to $200 by the end of 2030, as the growing real world asset market increases demand for the industry’s largest oracle services provider, according to Standard Chartered. The Chainlink (LINK) token may see an more than 25-fold increase by the end of the decade, as tokenized real world assets (RWA) will reach $4 trillion by the end of 2028, according to a forecast by Geoff Kendrick, the global head of digital asset research at Standard Chartered.Kendrick said that the growth in tokenized assets will require more external data to…

For resource-rich developing countries, decades of resource extraction have produced income concentration, economic dependency, external vulnerabilities, and the weakening of other productive sectors. Achieving broad-based prosperity requires a new approach, one which leverages South-South cooperation to build green industries. DAKAR/RIO DE JANEIRO—For five centuries, raw materials have flowed out of Africa and Brazil at low cost to be used as inputs elsewhere—often returning to their source countries embedded in expensive finished goods. The energy transition offers a critical opportunity to escape this extractive dynamic. The key for these economies is to leverage their vast resources, as well as mutual…

Rep. Gerald Connolly, ranking member of the U.S. House Oversight Committee, has initiated an investigation into whether expense management startup Ramp is receiving preferential treatment in its bid for a $25 million government contract. Connolly sent a letter to General Services Administration (GSA) Acting Administrator Stephen Ehikian demanding information and documents related to the GSA’s reported plans to award a contract for a pilot program to Ramp. News of the probe was first reported by ProPublica. Among Connolly’s biggest concerns are that Ramp allegedly has “zero federal contracting experience” and its investors include a number of Trump allies and supporters.…

Bitcoin (BTC) dropped below $64,000, down 2% on Monday, as it erased much of the momentum seen over the weekend. The decline follows reports of selling pressure from crypto-focused companies MARA Holdings (MARA) and Strategy (MSTR).MARA offloads $1.63 billion worth of BTC in H1, retains $2.1 billion holdingMARA Holdings depleted its digital asset reserves in the first half of the year, offloading roughly 23,093 Bitcoin (BTC) for $1.627 billion, according to a quarterly Form 10-Q submitted to the Securities & Exchange Commission (SEC) on Friday.The sales marked an expansion of MARA’s digital asset management strategy. In 2025, the company adjusted…

President Donald J. Trump’s unpredictable approach to trade policy makes it difficult for businesses and consumers to know what happens next. But his upcoming round of tariffs on 16 trading partners, as well as the agreement with China to lower tariffs on some “nonsensitive” products, could lead to an ironic result. If Trump’s tariffs on other countries end up too high compared with those on China, some supply chains that moved out of China in the past year might find it advantageous to move back. Convincing companies to source from outside of China has seemed to be a Trump administration…

The following companies are expected to report earnings prior to market open on 08/11/2026. Visit our Earnings Calendar for a full list of expected earnings releases.Cardinal Health, Inc. (CAH)is reporting for the quarter ending June 30, 2026. The medical/dental supplies company’s consensus earnings per share forecast from the 7 analysts that follow the stock is $2.42. This value represents a 16.35% increase compared to the same quarter last year. In the past year CAH has beat the expectations every quarter. The highest one was in the 1st calendar quarter where they beat the consensus by 13.21%. Zacks Investment Research reports…