Policy heat, miner earnings, and agent wallets set the overnight desk. Nine Democratic senators pressed the CFTC to curb wildfire event contracts on prediction markets. MARA and CleanSpark filed softer quarterly prints even as both leaned harder into AI and HPC buildouts. MetaMask shipped a self-custodial Agent Wallet for rule-bound autonomous trading, while ether.fi peeled restaking off weETH.
As of the 00:25 UTC on August 7, 2026 market snapshot, Bitcoin traded near $64,218 (-0.4% 24h), Ethereum near $1,900 (-0.1%), Solana near $72.58 (-1.7%), and XRP near $1.031 (-2.5%). Physical-security risk also stayed in the frame: Chainalysis put violent crypto thefts above $30 million so far in 2026. Ondo’s Delaware control fight and Coinbase’s UK equities rollout rounded out a busy tape.
Senators press CFTC to ban wildfire bets on prediction markets
Sen. Jeff Merkley led eight colleagues in a letter to CFTC Chair Michael Selig asking the agency to rein in wildfire-related event contracts before next year’s fire season. The senators cited more than $1.2 million in Polymarket bets tied to California’s Palisades and Eaton fires in 2025 and warned about arson incentives, insider trading, and disaster profiteering. They requested answers by August 14, 2026, arguing offshore markets today could migrate to U.S. designated contract markets tomorrow.
MARA Q2 revenue falls 27% as fair-value hit widens net loss
MARA Holdings’ August 6 Form 8-K pointed investors to a Q2 2026 shareholder letter showing revenue of $174.9 million, down 27% from $238.5 million a year earlier. Net loss was $611.3 million, or $1.60 per diluted share, including a $343 million fair-value loss on digital assets, versus year-ago net income of $808.2 million. Energized hashrate rose 22% to 70.3 EH/s; the company mined 2,422 BTC and reported holdings of 35,577 BTC.
CleanSpark’s August 6 Form 8-K exhibit put third fiscal quarter 2026 revenue at $138.0 million, down 30.5% from $198.6 million a year earlier. Net loss was $239.8 million, or $0.89 per basic share, with Adjusted EBITDA of about negative $113 million and a $116.3 million fair-value loss on bitcoin. Management stressed progress on the Sandersville HPC lease and said working capital stood at $761 million as of June 30, with bitcoin holdings valued at $814.9 million.
MetaMask launches self-custodial Agent Wallet for AI trading
Consensys’ MetaMask said Agent Wallet is live, letting traders and builders connect agent frameworks to a self-custodial wallet that enforces user-defined spending caps, protocol allowlists, and Guard versus Beast automation modes. Supported stacks include Claude Code, Codex, Cursor, and EVM plus Hyperliquid networks, with gas abstraction so agents can pay fees in the asset being moved. MetaMask frames the product as rules at the wallet layer, not blind key delegation, after a June early-access cohort of about 200 users.
ether.fi strips restaking from weETH, points risk to weETHs
ether.fi removed restaking exposure from flagship weETH, turning it into a plain liquid staking token and confining restaking to weETHs on Symbiotic. CEO Mike Silagadze called it the end of an era and said restaking may return later after arriving too early. DefiLlama still shows ether.fi’s staking arm near $3.3 billion of TVL, while weETHs supply remains a thin slice of that base, so the product split is as much about clarity as it is about EigenLayer unwind.
EF research maps Glamsterdam fee elasticities by resource
An Ethereum Foundation internship paper on Ethresear.ch estimates separate demand elasticities for execution, data, and state creation ahead of Glamsterdam’s multi-dimensional metering. Under an independent-demand benchmark, state looks most price-responsive and execution least, with Glamsterdam accounting multipliers of about 1.54× for execution, 1.97× for data, and 5.66× for state on recent activity. The work is analysis, not a hard fork schedule, but it gives fee-market readers a concrete way to stress-test EIP-8037 and later EIP-7999 designs.
Chainalysis: violent crypto thefts top $30M mid-2026
Chainalysis estimated more than $30 million stolen in successful violent crypto attacks through mid-2026, after a record $58 million in 2025. Home invasions rose to 37% of documented incidents from 26% in 2023, and France emerged as the leading hotspot amid reports of tax-record exposure of high-net-worth holders. On-chain trails still span crude exchange cash-outs and more sophisticated DeFi laundering paths, which is a physical-security story as much as a compliance one.
Ondo control fight hits Delaware court after founder’s death
CoinDesk reported three Delaware Chancery filings over who controls Ondo Finance after founder Nathan Allman’s death. Allman’s estate alleges Ian De Bode improperly claimed CEO and sole-director powers while the controlling stake sat in probate, then took corporate actions the estate calls invalid. Kathleen Allman was appointed personal representative on June 26; the estate now asks the court to decide lawful control and freeze extraordinary moves while the fight plays out.
Coinbase rolls out 24/5 U.S. stock trading for UK users
Coinbase told The Block it is progressively enabling eligible UK customers to trade nearly 4,000 U.S. stocks inside the Coinbase app starting August 6, with GBP or USDC funding, fractional shares from £1, and zero-commission trading. UK and Europe MD Keith Grose framed the launch as part of an “Everything Exchange” push alongside savings and crypto-backed borrowing already live in the UK. It is another venue bet that equities and crypto wallets will share one retail shell.
