Crypto

Meanwhile, FTX's ex-CEO requested a pardon but it was unanimously rejected by the US Senate.

[PRESS RELEASE – San Francisco, CA, July 17th, 2026] Crowdsourced Hedge Fund Completes Third Open-Market Purchase as Contributor Network and Assets Continue to Grow Numerai, the decentralized hedge fund powered by crowdsourced machine learning, today announced the completion of a third strategic purchase of Numeraire (NMR), acquiring an additional $1.2 million of the token from […]

Is this XRP's path forward and toward a $1 trillion market cap?

The FTX Recovery Trust and company have distributed about $10 billion since the exchange filed for bankruptcy in November 2022, leaving users cut off from their funds. The trust behind reimbursing creditors with ties to defunct cryptocurrency exchange FTX announced that its next distribution of funds would start on July 31. In a Friday notice, the FTX Recovery Trust and crypto exchange said that they would distribute about $900 million to claimants in the recovery plan’s “convenience and non-convenience classes.” Eligible creditors can receive funds through their BitGo, Kraken or Payoneer accounts within one to three business days starting from July 31. The distribution will mark the fifth round of attempts of repaying FTX’s creditors. Convenience claims under $50,000 will receive a 120% reimbursement under FTX’s recovery plan, while others will receive between a 103-105% distribution. Read more

Mobile wallets may offer a smoother experience, but critics warn they introduce a much broader attack surface than dedicated hardware.

ECB board member Piero Cipollone laid out the three-layer threat banks face from digital payments, and pitched the digital euro as the only structural answer.

Galaxy Digital will rename Texas Tech’s football stadium under a 15-year agreement, expanding its West Texas presence as the state attracts growing crypto investment. Digital asset and AI infrastructure company Galaxy Digital has signed a 15-year naming rights agreement with Texas Tech, renaming the university’s football stadium Galaxy Stadium beginning with the 2026 season. The partnership also makes Galaxy the official data center and digital assets partner of Texas Tech Athletics, with the companies planning to collaborate on student-athlete name, image and likeness opportunities, artificial intelligence initiatives and workforce development programs. According to Friday’s announcement, the stadium will debut under its new name on Sept. 5, when Texas Tech opens its season against Abilene Christian. Financial terms of the agreement were not disclosed. Read more

Through an introduction with a “reputable third-party service provider,“ the company took on a developer who, as part of an investigation, was revealed to be tied to North Korea. Blockchain company Consensys accidentally used a software developer linked to North Korea who had access to some of its systems for a month. First reported on Friday by Drop Site, Consensys earlier this year took on a software developer under the alias Tyler Knapp who was later discovered to have ties to the Democratic People’s Republic of Korea, or North Korea. The move caused the company to temporarily suspend product releases and conduct an investigation into the matter “‘Knapp’ was introduced to us through an existing relationship with a reputable third-party service provider and collaborated with Consensys as a consultant,” Consensys general counsel Matt Corva stold Cointelegraph. “He was never hired as a Consensys employee. Very quickly after being introduced, we discovered the threat, followed our security protocols, immediate...

Crypto.com and Kraken are pursuing the same tokenized-market expansion, while only one has disclosed Citadel’s operational role. The post Citadel backs two rival crypto exchanges with $600 million as both chase the same Wall Street prize appeared first on CryptoSlate.

Bolivia moves to recognize USDT amid a dollar shortage, while Bitcoin miners’ AI ambitions face fresh investor scrutiny. Stablecoins have long been pitched as a faster way to move dollars across borders. In Bolivia, they’re increasingly becoming a way to access dollars in the first place. The country’s recent proposal to recognize Tether’s USDt (USDT) for payments underscores how economic instability is driving adoption in many emerging markets.  Elsewhere, Bitcoin miners are discovering that pivoting to AI infrastructure may unlock new revenue streams, but it doesn’t shield them from investor scrutiny. Bolivia is considering a regulatory framework that would recognize Tether’s USDT as a payment currency, marking another step in the country’s push to integrate digital assets into its financial system. Read more

Summary: The fourth round of JST's buyback and burn has concluded with higher-than-expected results. A total of over 355 million JST tokens—valued at more than $34.59 million—were burned in this round, marking the highest single-round burn by value to date. On July 17, JST—the native token of TRON's decentralized finance (DeFi) infrastructure JUST—completed its fourth […] The post JST Hits Record Deflationary Milestone: Over 355M Tokens Burned as JustLend DAO Revenue Fuels Value Appreciation appeared first on CryptoSlate.

Input Output is handing its core infrastructure to outside teams as ADA gets a lift from an imminent protocol upgrade.

BTC tends to move south after such reports come out, but there's more to the story now.

Gemini AI predicts remarkable Solana price increases ahead. Find out how market dynamics play a crucial role in these predictions. The post Google Gemini AI Reveals Shocking Solana Price Target for 2026 appeared first on Cryptonews.

Several market observers have labeled the meme coin a scam, warning investors to stay away from it.

Polymarket bettors have cut the odds of the CLARITY Act passing this year to a record low as Senate negotiations over ethics provisions remain unresolved.

Moonshot AI's 2.8-trillion-parameter open-weight model sent chip stocks tumbling and gave Wall Street a Friday it would rather forget.

BTC PREF is expected to begin trading July 20, with any discount to SEK 120 lifting the indicated cash yield above 10%. The post Bitcoin treasury company offers 10% income and still can’t sell nearly half its shares appeared first on CryptoSlate.

Moonshot AI's 2.8-trillion-parameter model tops Fable 5 on a creative writing benchmark and leads Arena AI's frontend code leaderboard—at Claude Sonnet pricing.

Crypto and blockchain experts say this week's moves show the two established finance companies are increasingly competing for control of the infrastructure behind digital payments.