Morgan Stanley said in a report released on Aug. 3 that June HDD and SSD data continued to point to strong demand from data centers. Citing TSR estimates, the bank said enterprise SSD shipment capacity for data center use is projected to reach 525 exabytes in 2026, up 100% year over year, while nearline HDD shipment capacity is expected to reach 1,845 exabytes, up 30.4%. The report said June data center enterprise SSD shipment capacity came in at 46.33 exabytes, rising 124.5% from a year earlier and 12.0% from the prior month. Unit shipments of enterprise SSDs reached 6.35 million, up 41.1% year over year and 8.9% month over month. Morgan Stanley said the mix shift toward higher-capacity products should keep shipment-capacity growth ahead of unit growth. On the HDD side, June nearline HDD production totaled 7.03 million units, up 12.3% year over year and down 0.6% from the previous month. TSR expects nearline HDD production to reach 84.39 million units in 2026, up 12.8%. The report also warned that further nearline HDD output increases could be constrained by head supply and testing capacity. Overall, Morgan Stanley said AI spending and data center capital expenditure are still driving storage-capacity demand, while supply-chain bottlenecks are spreading from end devices to key component links.

The UAE central bank has approved USDU, the country’s first foreign-currency payment token registered under a central bank framework, for cross-border settlement, derivatives trading, and virtual asset purchases.

A Bitcoin wallet dormant since late 2017 became active on Thursday, moving 5,907.56 BTC worth about $383.6 million to a new address after more than 8.5 years. Galaxy Research said the coins were originally received on Dec. 14, 2017 and later transferred in Bitcoin block 958217 at around 00:15 UTC. The firm estimated the stash had gained roughly $285.5 million, or 291%, based on an average acquisition price of about $17,000 per Bitcoin. The receiving address was not identified as a known exchange deposit wallet, leaving no on-chain sign that the holder had sold the coins. Galaxy Research also linked the sending address to addresses examined in its earlier investigation into the Noah Doe litigation, a case involving an anonymous plaintiff seeking ownership of about 3.8 million dormant Bitcoin across more than 39,000 inactive addresses. The transfer also shifted the funds from a legacy address starting with "1" to a newer bc1q format that supports lower fees and newer wallet standards.

Trump Media and Yorkville America Equities have launched five Truth Social-themed ETFs on the NYSE, focused on defense, innovation, energy, brands, and real estate. The companies also plan to introduce equity and digital asset funds in 2026.

Trump Media and Yorkville America Equities have launched five Truth Social-themed ETFs on the NYSE. The firm also said it plans to introduce equity and digital asset-based funds in 2026 with partners including MarkerVector Indexes and Crypto.com’s broker-dealer Foris Capital US.

USDU, a USD-backed stablecoin regulated by Abu Dhabi's FSRA, has gone live on Crypto.com. It's the first registered foreign payment token open to the public in the UAE, enabling compliant settlements for institutions and retail users.

USDU, a USD-backed stablecoin regulated by Abu Dhabi FSRA and issued by Universal Digital Intl Limited, is now listed on Crypto.com. It is the first registered foreign payment token in UAE, enabling compliant digital asset settlement for institutions and the public.

Universal Digital Intl Limited's USDU, the first foreign payment token regulated by ADGM's FSRA in the UAE, is now listed on Crypto.com. Fully USD-backed and open to the general public, it represents a milestone for compliant stablecoin adoption globally.