THE BLOCK: U.S. and UK financial regulators reaffirmed support for responsible digital asset innovation in a joint statement, highlighting ongoing work on stablecoins, tokenization, and payment modernization.
The statement follows the latest meeting of the U.S.-UK Financial
Educating the world on crypto.
- THE BLOCK: Cipher Digital shares fell 15.7% on Tuesday after the bitcoin miner reported wider Q2 losses. $CIFR Bernstein maintained its Outperform rating and $32 price target, saying execution remains on track across Cipher's three contracted AI data center sites.
- NEW: Former LAPD officer Eric Halem was sentenced to life plus 15 years over $350K crypto home invasion robbery, the L.A. Times reports. Halem was convicted in March of kidnapping and robbing a teenager of a hard drive containing bitcoin during a fake police raid in Koreatown.
- THE BLOCK: Eliza Labs founder Shaw Walters declared the ai16z/ElizaOS token "dead" and said the related foundation is winding down after settling with a group of holders following a class-action lawsuit filed by Burwick Law.




