# Trenches Today — July 31, 2026

Canonical edition: https://trenchestoday.xyz/editions/2026-07-31
Published: 2026-07-31T09:14:45.229Z
Updated: 2026-07-31T09:47:58.190Z
Edition: 20260731
Revision: 4
Content hash: 1f8c973dfb0d9f52237ab8e9497782fbf1614f14994af732c33f8d4261808288

> The Ethereum Foundation officially announced that pcaversaccio (pc), co-founder of SEAL 911 and Silviculture Society advisor, joined its board of directors.

## Lead story: Ethereum Foundation names SEAL 911 co-founder pcaversaccio to board

The Ethereum Foundation officially announced that pcaversaccio (pc), co-founder of SEAL 911 and Silviculture Society advisor, joined its board of directors.

- The Ethereum Foundation officially added SEAL 911 co-founder pcaversaccio to its board of directors.

Original source: [ethereum-foundation](https://blog.ethereum.org/en/2026/07/29/ef-board-update)

## Complete edition

### Bitcoin

#### Hyperscale Data sells 100 bitcoin to fund Michigan AI data center

Topic: Bitcoin · Signal: rails

Hyperscale Data sold 100 bitcoin and opened a credit facility to fund its Michigan AI data center campus project.

Edition link: https://trenchestoday.xyz/editions/2026-07-31#story-story_8f4e38efdb5681ecab32
Original source: [the-block](https://www.theblock.co/post/410148/hyperscale-data-sells-100-bitcoin-to-fund-michigan-ai-data-center-build)

### DeFi & Stablecoins

#### MoonPay introduces PayBox AI vault for ChatGPT and Claude transactions

Topic: DeFi & Stablecoins · Signal: rails

MoonPay launched PayBox, an AI payment vault enabling ChatGPT and Claude users to authorize crypto purchases, token swaps, and cross-chain transactions while maintaining self-custody.

Edition link: https://trenchestoday.xyz/editions/2026-07-31#story-story_6da0b7811667417a835e
Original source: [decrypt](https://decrypt.co/374687/moonpays-paybox-crypto-wallet-claude-chatgpt)

### Regulation & Policy

#### SEC schedules continuation of small business advisory committee meeting

Topic: Regulation & Policy · Signal: rules

The SEC announced that its Small Business Capital Formation Advisory Committee meeting will reconvene virtually on August 6, 2026.

Edition link: https://trenchestoday.xyz/editions/2026-07-31#story-story_4846446455e959e4e499
Original source: [sec](https://www.sec.gov/newsroom/press-releases/2026-71-sec-announces-continuation-small-business-advisory-committee-meeting)

### Markets & Macro

#### Ark Invest rebalances portfolio selling Bitmine while adding Coinbase and Circle

Topic: Markets & Macro · Signal: rails

Cathie Wood's Ark Invest sold shares of Bitmine, Robinhood, Bullish, and Block while increasing holdings in Coinbase and Circle.

Edition link: https://trenchestoday.xyz/editions/2026-07-31#story-story_56bbfb37d585491aa328
Original source: [decrypt](https://decrypt.co/374738/cathie-wood-ark-invest-sells-bitmine-adds-coinbase-circle)

#### Strategy reports Q2 loss of $8.2B while building dividend reserve

Topic: Markets & Macro · Signal: rails

MicroStrategy posted an $8.2 billion Q2 loss while building a cash reserve covering over two years of dividend payments.

Edition link: https://trenchestoday.xyz/editions/2026-07-31#story-story_560bcf9009ba220746d6
Original source: [coindesk](https://www.coindesk.com/markets/2026/07/30/strategy-books-usd8-2-billion-second-quarter-loss-on-bitcoin-price-decline)

#### Coinbase non-bitcoin revenue hits 88 percent as stock slips after earnings

Topic: Markets & Macro · Signal: rails

Coinbase net revenue from non-bitcoin spot trading reached 88% in Q2 as share price slipped after earnings.

Edition link: https://trenchestoday.xyz/editions/2026-07-31#story-story_1a243c53194ffe543629
Original source: [the-block](https://www.theblock.co/post/410208/coinbase-shares-slip-after-q2-results-despite-prediction-markets-doubling-and-record-trading-market-share)

### Industry & Other

#### BNY launches blockchain transfer agency platform for fund records

Topic: Industry & Other · Signal: rails

BNY is launching a blockchain-based transfer agency platform to move core financial and fund ownership records onchain.

Edition link: https://trenchestoday.xyz/editions/2026-07-31#story-story_00ec3c280ca398b32801
Original source: [cointelegraph](https://cointelegraph.com/news/bny-transfer-agency-records-blockchain)

#### Luno cuts global staff by 20 percent in automation shift

Topic: Industry & Other · Signal: rails

Crypto exchange Luno is reducing its global workforce by 20% as part of a pivot toward automation and institutional infrastructure.

Edition link: https://trenchestoday.xyz/editions/2026-07-31#story-story_f09ad9a3374848d5e560
Original source: [decrypt](https://decrypt.co/374699/crypto-exchange-luno-cuts-global-staff-by-a-fifth-citing-automation)

## Corrections

No corrections recorded for this revision.

## Use and attribution

Trenches Today is a source-linked editorial synthesis. Cite the canonical edition URL and retain links to the original reporting when referring to a specific claim.