Crypto

The HKMA completed stablecoin regulations set to take effect Aug. 1, warning no licenses have been issued and urging caution against hype and scams. The Hong Kong Monetary Authority (HKMA), the special administrative region’s central banking authority, has finalized its regulatory framework for stablecoin issuers, releasing two sets of guidelines that will take effect on Aug. 1.  On Tuesday, the HKMA released completed guidelines and consultation conclusions to clarify the upcoming rules.  The documents addressed the supervision of licensed stablecoin issuers and Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF) rules for licensed stablecoin issuers.  Read more

The Tom Lee-led company signaled an intent to possibly repurchase stock should the share value decline below the net asset value of its ether holdings.

In the first quarter of this year alone, Coinbase earned roughly $300 million in distribution payments from Circle, and that's just the start.

U.S. dollar stablecoins will cement their dominance unless alternatives like the digital euro arise, an adviser to the European Central Bank said.

A LINEA token is coming for Ethereum layer-2 network Linea, with builders promising strong alignment with ETH and the ecosystem.

Declan Fox, global product lead for Linea, said there is no exact date for the token generation event yet, but details will be shared a week before. The Consensys-developed Linea network says it will become one of the first Ethereum layer-2 networks to commit to burning Ether as part of its network design, as it shared new details of its upcoming token generation event and airdrop. Linea announced new staking and burning mechanisms for its upcoming token launch in an effort to become more aligned with the layer-1 blockchain, which it hopes will make the network the “home for ETH capital,” according to a statement sent to Cointelegraph. The move comes amid growing concern that layer-2 networks have been leeching chain activity and fee income from the Ethereum mainnet.  Read more

The exchange's CEO Sumit Gupta stated that CoinDCX is "not up for sale," amid talk of a Coinbase acquisition deal.

The scammers created a fake “Federal Crypto Reserve” to re-target victims, charging bogus fees to investigate their own scams.

Ethereum shows signs of strength as ETF inflows climb, while Bitcoin and XRP struggle to sustain momentum amid mixed market signals.

South Korea’s rival stablecoin bills hint at a divide over regulation as the country seeks a stronger foothold in the global crypto market.

CryptoPunks floor prices surge amid rising Ethereum, renewed high-value buying, and the NFT market’s busiest trading days in months.

Now called Tron Inc., the toy firm has pivoted into a crypto proxy tied to the Tron blockchain, with Justin Sun’s father as board chair.

ETH price corrected at the weekly open, but futures data pinpoints the possibility of a breakout to $5,000. Key takeaways: ETH futures and options data show no signs of defensive positioning despite Ether's 7-month price high. Ether ETF inflows and corporate holdings signal growing conviction from institutional investors. Read more

The Pentagon has tapped Swiss firm Auterion to supply 33,000 AI-guided drone “strike kits” to Ukraine as the battlefield continues to evolve.

ETF inflows collapse while leverage stays high. With altcoin appetite uncertain, market observers say ETH may decide if markets rebound or cool further.

Hedge fund manager Ray Dalio suggests investors put 15% into store-of-value assets amid America’s debt crisis. American billionaire and hedge fund manager Ray Dalio has recommended a 15% portfolio allocation into Bitcoin or gold to optimize for the “best return-to-risk ratio” in light of America’s crippling debt problem and currency devaluation. “[If] you were optimizing your portfolio for the best return-to-risk ratio, you would have about 15% of your money in gold or Bitcoin,” the founder of hedge fund firm Bridgewater Associates said during an appearance on the Master Investor podcast on Sunday. Dalio said he has “some Bitcoin, but not much,” and is still “strongly preferring gold to Bitcoin,” however.  Read more

Z.ai’s new open-source models rank third globally, as the firm eyes a Hong Kong IPO and navigates around U.S. export controls.

Lawmakers from South Korea’s two biggest political parties have unveiled stablecoin bills. The bills’ authors concur on many points, but interest payment plans appear to be a sticking point. The post South Korea’s Biggest Parties Roll Out Stablecoin Bills, Clash on Interest Payment Plans appeared first on Cryptonews.

The SEC has pushed back its deadline on the Truth Social Bitcoin ETF and Grayscale Solana Trust by several weeks. 

Spot Ethereum (ETH) exchange-traded funds (ETFs) are close to breaking the $10 billion mark in inflows this month, as BlackRock’s ETHA makes its way to the spot of fourth-largest ETF by inflows in the last 30 days. According to Farside Investors’ data, spot Ethereum ETFs accumulated $9.3 billion in inflows as of July 25. This […] The post BlackRock’s ETHA becomes 4th-largest ETF by 30‑day inflows as Ethereum funds aim for $10B appeared first on CryptoSlate.