Crypto

A software engineer working for CoinDCX has been arrested for alleged involvement in the breach after hackers allegedly exploited his credentials to siphon funds to six wallets.

Solana, XRP, and Dogecoin are experiencing sharp downturns as investor sentiment turns cautious, Decrypt was told.

Bitcoin-backed yield products may appeal to retirees seeking alternative income, but only if structured with safeguards, sources told Decrypt.

XRP edged out Ethereum in Coinbase’s Q2 retail revenue even as ETH regained ground from a weaker first quarter.

Major cryptocurrencies, including BTC and ETH, experienced volatile trading as the dollar strengthened following new U.S. tariffs.

Bitcoin faces near-term pressure from whales and miners cashing out, even as long-term models and seasonal trends point to renewed upside.

Hong Kong’s new stablecoin licensing regime takes effect, tightening rules as the city vies for a global crypto edge.

Meme token DOGE fell sharply over the past 24 hours as a dramatic increase in volume drove prices down to key support levels. Despite the selloff, data suggests large holders may be quietly accumulating.

Momentum indicators remain skewed bearish, though recovering volume profiles suggest some exhaustion in the sell-off.

Strategy CEO Phong Le says the market still misunderstands and undervalues its Bitcoin play, as it posted $10 billion profit in the second quarter and plans to raise $4.2 billion to buy more. Strategy’s shares fell 1.4% in after-hours trading despite posting a company-record $10 billion in profit in the second quarter, as CEO Phong Le called the Bitcoin-holding company the “most misunderstood and undervalued stock” in the market. Strategy’s operating income rose 7,100% year-on-year (YOY) to $14 billion, the company Michael Saylor co-founded said in its earnings statement on Thursday. It marked the second reporting period in which the firm applied fair value accounting, which includes unrealized gains from Bitcoin (BTC). Strategy also announced plans to raise another $4.2 billion worth of shares through one of its preferred stock offerings to buy more Bitcoin, part of its long-term goal to buy $84 billion worth of the cryptocurrency under its upgraded “42/42” plan. Read more

Trump reaffirms $23B Bitcoin reserve strategy as BTC breaks triangle support. SEC reforms, whale moves, and bearish signals shape Q3 crypto outlook. The post Trump Backs $23B Bitcoin Plan as BTC Dips Below $116K: Is $110K Next? appeared first on Cryptonews.

The developers behind Samourai Wallet pleaded guilty to a single count of conspiracy to operate an unlicensed money‑transmitting business. The plea deal secures dismissal of the parallel money laundering conspiracy charge and caps potential prison time at five years. It also includes $237 million in forfeiture and a $400,000 fine. As journalist Matthew Russell Lee […] The post Samourai Wallet founders plead guilty to unlicensed money transmission; DOJ drops laundering, conspiracy charges appeared first on CryptoSlate.

The Algorand Foundation has released a sweeping new roadmap to revive its ecosystem and push blockchain adoption into everyday life. Announced on July 31, the 2025+ roadmap is a strategic pivot meant to reassert Algorand’s relevance in a market increasingly dominated by competitors like Solana and Ethereum. According to CEO Staci Warden, the Foundation is […] The post New Algorand roadmap shifts power to users, targets $18.9T tokenized market appeared first on CryptoSlate.

Illegal miners in the Russian Bitcoin mining hotspot of Ingushetia stole some $4.3 million worth of electricity in the first half of 2025, the state-controlled power firm Rosseti claims. The post Illegal Miners in Russian Bitcoin Mining Hotspot Stole $4.3M of Electricity in H1 2025 appeared first on Cryptonews.

JP Morgan Chase CEO and former crypto critic Jamie Dimon has praised stablecoins but still says he doesn't believe in Bitcoin.

Though it has weighed in on traditional staking, the US Securities and Exchange Commission has not issued guidance on liquid staking. Solana infrastructure provider Jito Labs, asset managers VanEck and Bitwise and two other stakeholders are appealing to the US Securities and Exchange Commission (SEC) to allow liquid staking for Solana exchange-traded products (ETPs). Liquid staking is a form of allocating tokens to a validator while receiving a derivative token in return, effectively meaning the staked tokens aren’t “locked up.” Liquid staked tokens (LSTs) can be traded, used in decentralized finance or even loaned. However, the process introduces additional risks not seen in traditional staking processes. Groups appealing to the SEC, including the Solana Policy Institute and Multicoin Capital Management, argue that liquid staking could improve capital efficiency by allowing ETP issuers to avoid forced rebalancing. Read more

Visa has grown its stablecoin settlement infrastructure to support three new tokens and two extra blockchains in its latest crypto push.

The Philippine government has officially launched a blockchain-based system to verify government documents on the Polygon network as part of a broader initiative to modernize public services and improve trust in state-issued records, local media reported on July 31. The new platform, introduced on July 30 by the Department of Budget and Management (DBM), allows […] The post Philippines turns to Polygon to secure government records on blockchain appeared first on CryptoSlate.

Once one of crypto’s loudest critics, Jamie Dimon now says he’s a “believer” in stablecoins as JPMorgan deepens its push into digital assets. JPMorgan CEO Jamie Dimon appeared to moderate his long-held skepticism toward digital assets in a CNBC interview Tuesday morning, saying he’s now “a believer in stablecoins” and sees value in blockchain technology. During the interview, Dimon suggested JPMorgan’s shift toward crypto is being driven by customer demand, not conviction. “We’re going to accommodate… It’s what the customer wants, not what JPMorgan wants,” he said, adding that all new financial products come with risk: “There’s never been a new financial product that didn’t entail risk.” JPMorgan has been sharply expanding its footprint in crypto. Dimon confirmed in mid‑July that the bank plans to participate in the space with its deposit coin and broader stablecoin issuance to “understand it and be good at it.” Read more

Claude predicts has examined crypto momentum since Bitcoin’s leap above $122,838 and has projected outsized 2025 returns for leading altcoins: XRP could rise to $7, Solana may touch $1,000 and Dogecoin might quintuple, while meme token T6900 has drawn early interest during its presale. The post Leading AI Claude Predicts the Price of XRP, Dogecoin and Solana appeared first on Cryptonews.