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As the chairman of the Reform UK calls for an investigation into a FTX-linked political donation, the party’s leader prepares to face voters amid his own crypto-related scandal. The chairman of the UK’s Reform party has called for an investigation following reports of a $50,000 political donation linked to former FTX CEO Sam “SBF” Bankman-Fried. According to a Friday report from the Telegraph, Reform UK chair Lee Anderson called for the parliamentary commissioner for standards to probe Defense Secretary Wes Streeting over reported $50,000 in donations from a think tank in 2022 and 2023. The reported donations came from Labour for the Long Term, whose founder reportedly accepted a $675,000 gift from Bankman-Fried before sending funds to Streeting. Notably, Reform leader Nigel Farage is set to face voters next week in a by-election triggered by his resignation as a member of parliament amid his own crypto scandal. The UK politician received $6.7 million in donations from crypto billionaire Christopher Harborne ...

Situational Awareness reportedly made a $400 million investment in an undisclosed company, days after the hedge fund nearly collapsed following July’s AI stock crash. Situational Awareness, the hedge fund founded by former OpenAI researcher Leopold Aschenbrenner, reportedly invested $400 million in a privately held company days after it nearly collapsed under margin calls. The fund invested $100 million in the same unnamed company in July, Bloomberg reported Thursday, citing people familiar with the matter. The latest investment was completed on Tuesday. Cointelegraph has approached Situational Awareness for comment. Read more

The lawmaker reportedly sent a letter to the Commerce Secretary demanding answers about the administration’s treatment of the UAE following investments in the Trump family’s crypto company. Senator Elizabeth Warren has reportedly asked the US Commerce Department to explain the administration’s policy toward the United Arab Emirates following the country’s investment in President Donald Trump’s family-backed cryptocurrency venture, World Liberty Financial. Read more

Binance-linked companies sued RedotPay, accusing it of diverting more than 470,000 Binance Card users under a commercial deal and seeking nearly $473 million in damages. Binance-affiliated companies have sued the founders of Hong Kong-based cryptocurrency payments company RedotPay, alleging it diverted more than 470,000 users from Binance Card in breach of their commercial agreement. The plaintiffs seek nearly $473 million in damages, alleging the conduct contributed to RedotPay’s valuation as the company considers a potential initial public offering, Bloomberg reported Wednesday, citing a Hong Kong court filing it obtained. RedotPay said it is defending the proceedings and rejected what it described as “unfounded allegations” against the company and its co-founders. “RedotPay is strenuously defending the proceedings,” a RedotPay spokesperson told Cointelegraph, adding that it will respond through the appropriate legal process. Read more

A key architect of the Trump administration’s digital asset agenda is leaving the Treasury Department as Congress struggles to advance landmark crypto legislation. Tyler Williams, a senior US Treasury official overseeing digital asset policy and a key adviser to Treasury Secretary Scott Bessent, has left the department, according to a Monday report by Punchbowl News. In a statement shared with Punchbowl, Bessent confirmed that Williams’ last day at the Treasury Department was Friday, saying he had been “instrumental” in advancing the Trump administration’s vision of making the US the “crypto capital of the world.” Williams joined the Treasury Department in early 2025 after serving as head of policy at Galaxy Digital. During his tenure, he played a central role in shaping the administration’s digital asset agenda. According to the report, Williams is expected to return to the private sector. Read more

According to Bloomberg, the digital asset prime broker is refocusing its Singapore strategy and withdrawing its local license application as crypto companies continue to trim costs. FalconX, the digital asset prime brokerage that acquired crypto ETF issuer 21shares last November, has laid off roughly 10% of its global workforce as it prepares for a prolonged downturn in the cryptocurrency market, Bloomberg reported Monday. Citing people familiar with the matter, Bloomberg said FalconX is also reshaping its strategy in Singapore by focusing on crypto derivatives trading and plans to withdraw its license application with the Monetary Authority of Singapore. The company intends to maintain its presence in Asia while expanding its European business. FalconX employed about 350 people across the United States, the United Kingdom, Singapore and Hong Kong before the layoffs. Read more

Stablecoins have been flowing out of South Korean exchanges for 18 consecutive months as regulators weigh tighter oversight of cross-border crypto activity. South Korea saw 560.3 billion won ($367 million) in stablecoin outflows to overseas exchanges in June, extending the country’s streak of monthly net stablecoin outflows to 18 consecutive months.  The figure comes from Financial Supervisory Service (FSS) data obtained by Yonhap News Agency through People Power Party lawmaker Lee Jong-wook. South Korea’s five major crypto exchanges — Upbit, Bithumb, Coinone, Korbit and Gopax — transferred 2.7 trillion won ($1.81 billion) in stablecoins offshore in June and received 2.2 trillion won ($1.44 billion) from foreign platforms. Market participants cited by Yonhap attributed the transfers to demand for products restricted or unavailable on domestic exchanges, such as overseas derivatives, tokenized real-world assets (RWAs), decentralized finance and staking products.  Read more

L’examen du dossier Madagascar par le Conseil d’administration du FMI est reporté, mais les discussions, dans le cadre des troisième et quatrième revues de la Facilité élargie de crédit (FEC), combinées avec la Facilité pour la résilience et la durabilité (FRD), se poursuivent. Selon nos informations, le report de l’examen du dossier par le Conseil […] L’article FEC – FRD : Report de l’examen du dossier Madagascar est apparu en premier sur Midi Madagasikara.

Pump.fun co-founder Noah Tweedale reportedly attributed the layoffs to the company growing too quickly. Solana-based memecoin launchpad Pump.fun reportedly fired employees two months before they were due to receive PUMP tokens worth millions of dollars. According to a Friday Sandmark report, at least one Pump.fun worker was due to receive PUMP tokens worth in the seven-figure range. The news outlet reported that Pump.fun co-founder Noah Tweedale said the company “grew too quickly,” resulting in layoffs of an undisclosed number of employees.  The employees were reportedly fired in April, just two months before they were due to start receiving the company’s tokens based on agreements signed in 2025. The agreements, according to documents viewed by Sandmark, said that Pump.fun would unlock a quarter of the employees’ allocated tokens in one year, scheduled for June 2026. Read more

The window to pass a comprehensive crypto market structure bill before the Senate breaks for a month-long recess is closing, with ethics a dividing issue for many lawmakers. Two US senators on opposite sides of the political aisle have reportedly sent revised ethics guidelines to the White House as part of discussions over a cryptocurrency market structure bill in Congress. According to a Thursday PunchBowl report, Senator Thom Tillis and Senator Ruben Gallego submitted a counteroffer to the Trump administration that included a change to ethics provisions in the Digital Asset Market Clarity (CLARITY) Act. The changes would reportedly address concerns from many lawmakers in the first draft by allowing state authorities to enforce a ban on federal officials issuing or sponsoring tokens rather than the US Attorney General. Gallego, a Democrat, previously said that provisions around ethics, consumer protection, illicit finance, conflicts of interest and market integrity “must be strengthened” and he would continu...

A White House crypto adviser said that the proposed changes to the CLARITY Act were “not even close” to the administration’s position, signaling another fight over the bill. Organizations representing law enforcement officials in the US have reportedly proposed changes to a comprehensive cryptocurrency market structure bill under consideration in the Senate, with only days left until the chamber breaks for a month-long recess. According to a Tuesday Politico report, the National Association of Assistant US Attorneys and the National District Attorneys Association sent a letter to the White House asking for changes on provisions regarding developers in the Digital Asset Market Clarity (CLARITY) Act. The changes proposed to the Blockchain Regulatory Certainty Act (BRCA) within the CLARITY Act included that guidelines on developers not “create, expand, or modify criminal liability under Federal law.” In response to reports on the proposed changes, White House crypto adviser Patrick Witt said that the provisions ...

A CoinGecko study points to rising demand for tokenized equities and commodities on centralized exchanges, with perpetual futures driving most of the market’s trading activity. Intense competition from traditional brokerage and decentralized exchanges is pushing crypto exchanges to expand beyond digital assets into tokenized stocks, commodities and precious metals, CoinGecko said. A study, released by the crypto data provider on Wednesday, found that the market capitalization of tokenized traditional assets, including precious metals, US stocks, commodities, global indexes and forex, grew to $6.6 billion in June 2026 from $1.4 billion in January 2025. The analysis covers activity across Binance, OKX, Bybit, Bitget, Gate and MEXC. The market’s initial growth was fueled largely by tokenized precious metals before expanding into US equities. By mid-2026, US stock perpetual futures had overtaken precious metals in both trading volume and open interest, driven by investor interest in semiconductor stocks and antic...

Daily NK reported that North Korea arrested former state cyber operators accused of hacking two state banks and laundering funds through crypto. North Korean authorities have reportedly arrested a group of former state cyber operators and IT specialists accused of hacking two state banks and laundering stolen funds through cryptocurrency. South Korean outlet Daily NK reported Thursday, citing an anonymous source in Pyongyang, that the group allegedly hacked the internal networks of North Korea’s central bank and the Foreign Trade Bank, converting stolen state funds into cryptocurrency before laundering them through China-based brokers. Cointelegraph could not independently verify the report. Read more

La 35e édition du concert Manala Azy Vita Bac d’Olombelo Ricky, prévue comme chaque année juste après les dernières épreuves du baccalauréat, n’a pas pu se tenir hier, 24 juillet. La raison en est le deuil national décrété par les autorités malgaches à la suite des tragiques événements qui ont endeuillé le pays. Olombelo Ricky […] L’article Manala azy vita Bac – 35e édition : Reporté au 1er août en raison du deuil national est apparu en premier sur Midi Madagasikara.

Ten tokenized dairy cows backed a $19,600 loan registered on Brazil’s B3, in one of Brazil’s first uses of tokenized livestock as loan collateral. Brazil’s B3 stock exchange has reportedly found a new use for dairy cows by backing a loan with tokenized cattle. The transaction involved a loan of 100,000 Brazilian reais ($19,600) secured by 10 dairy cows from Fazenda Engenho Velho in the southern Brazilian state of Paraná, valued at about 120,000 Brazilian reais ($23,500). The deal was structured by Brazilian investment fund Target FIDC, according to CNN Brasil. Each cow received a unique digital token linked to an encrypted digital identity, while AI-powered smart collars from agriculture tech company Cowmed monitor each animal’s health, reducing the need for physical inspections. Read more

Mirae Asset reportedly plans to use the South Korean crypto exchange as a hub for tokenized assets, stablecoins and digital finance. South Korean crypto exchange Korbit will reportedly rebrand as Digital X after becoming part of Mirae Asset Group.  Mirae Asset founder and global strategy officer Park Hyeon-joo announced the new name in an internal email to employees on Thursday, according to a Herald Business report. Park reportedly described Digital X as central to the group’s “Mirae Asset 3.0” strategy, which aims to combine digital assets with traditional finance.  The company plans to expand into real-world asset (RWA) tokenization, security token offerings, stablecoins and traditional asset products. Park said the exchange would prioritize anti-money laundering controls, customer verification, information security and fraud detection as South Korea develops its crypto and tokenized securities rules. Read more

Coinbase plans to expand its Singapore office from 150 to about 200 employees by the end of 2026 as it expands its presence in the Lion City. Cryptocurrency exchange Coinbase reportedly plans to expand its presence in Singapore and grow its headcount from 150 to about 200 staff members by the end of 2026.  The cryptocurrency exchange is mainly looking to hire more engineers, customer service, relationship management staff and institutional sales representatives for its Singapore office, which opened at One Raffles Quay on Wednesday, Hassan Ahmed, Coinbase’s country director for Singapore, told the Business Times in an interview. Ahmed said that Singapore is increasingly becoming a strategic hub for cryptocurrency innovation. Coinbase received a major payment institution license from the Monetary Authority of Singapore (MAS), the city-state’s central bank, in October 2023, enabling it to expand its services to Singaporean individuals and institutions. Read more

The Bank of Korea’s CBDC pilot will add two regional banks, new payment features and tests of government subsidy payments using tokenized bank deposits The Bank of Korea may launch the second phase of Project Hangang, its wholesale central bank digital currency (CBDC) pilot, as early as September, according to Yonhap News. The next stage expands participation to nine banks from seven, introduces new payment features and tests government subsidy disbursements through tokenized bank deposits. Regional lenders Kyongnam Bank and iM Bank will join the existing group of participants. Project Hangang uses a blockchain-based wholesale CBDC issued by the central bank as the settlement asset for deposit tokens issued by commercial banks. Consumers can then use the bank-issued tokens for everyday payments. Read more

The proceedings come as South Korea’s Virtual Asset User Protection Act lacks explicit sanctions provisions for hacking and computer system incidents, leaving the scope of penalties uncertain. South Korea’s Financial Supervisory Service (FSS) has reportedly sent an inspection opinion letter to Dunamu, the operator of crypto exchange Upbit, regarding the $36 million hack from November 2025. Local news outlet Yonhap News reported Sunday that the FSS had recently sent Dunamu an inspection opinion letter. The letter marks the formal start of a sanctions procedure by the financial authorities. It provides Dunamu with an opportunity to respond to the inspection’s findings before the regulator notifies the company of its proposed sanctions. Read more

Stripe and Advent reportedly offered to buy PayPal for $53 billion, at a 28% premium compared to the company’s Tuesday closing price. Payments company Stripe and private equity firm Advent International reportedly made a joint offer to acquire PayPal Holdings. The offer includes about $50 billion in committed financing, Reuters reported Wednesday, citing sources familiar with the matter. The joint offer seeks to acquire PayPal at $60.50 per share, which would value the company at a 28% premium to PayPal’s Tuesday closing price. This is Stripe’s second attempt to acquire PayPal. According to a February Bloomberg report, the payment processing company held early acquisition talks with PayPal, which was facing growing competition from smartphone-based payment services such as Google Pay and Apple Pay. Read more