Crypto

The proposed policies under Ireland’s AML framework included stricter measures on transfers from private crypto wallets and overseas digital asset companies. The government of Ireland published a comprehensive anti-money laundering strategy, detailing how the country would address digital assets potentially used for illicit purposes. In a Thursday notice, Ireland’s government released its first National Anti-Money Laundering, Countering Financing of Terrorism and Countering Proliferation Financing Strategy. The document included proposed reforms on cryptocurrency-related policies related to strengthening Anti-Money Laundering (AML) and Countering the Financing of Terrorism (CFTC) measures. “The bulk of this has been implemented with these final elements introducing new anti-money laundering obligations for crypto-asset service providers, requiring enhanced checks on transfers involving private crypto wallets and stricter due diligence when dealing with overseas crypto firms,” said the Irish government. Read m...

The Office of the Comptroller of the Currency said it granted "preliminary conditional approval" to World Liberty Trust Co. on Friday.

A hacker is reportedly selling personal and financial records tied to more than 678,000 taxpayers and businesses in France.

A broad Aug. 13 retreat left only MSBT and Grayscale's Bitcoin Mini Trust attracting money. The post Bitcoin’s ETF rebound just lost 38% of its gains in four sessions as BTC fell below $63,000 appeared first on CryptoSlate.

The Chinese lab says the release beats comparably sized open models on code benchmarks. The blog's own numbers show it trails the closed frontier and at least one open rival.

Kalshi and Polymarket are offering bets on winners, spreads, totals, and player stats, but Baltimore says they lack the required licenses.

Sharplink plans to stake roughly 12% of its total Ethereum holdings through Lido, earning yield while staying active in DeFi.

The value of the university endowment’s holdings in the Bitwise Solana staking ETF, Grayscale Ethereum staking ETF and BlackRock’s iShares Bitcoin ETF dropped to about $12 million. The value of crypto-related investments held by Ivy League university Dartmouth College’s $9 billion endowment fell by more than $2 million in three months. In a Thursday filing with the US Securities and Exchange Commission (SEC), the trustees of Dartmouth College reported that the university endowment held about $12.4 million worth of the Bitwise Solana staking exchange-traded fund (ETF), the Grayscale Ethereum staking ETF and BlackRock’s iShares Bitcoin ETF as of June 30. The endowment held the same number of shares of each ETF, but the overall value dropped by about 15% since it reported holding $14.6 million as of March 31. The drop in value roughly corresponded to falling crypto prices tied to each ETF. Since March 31, the price of Bitcoin (BTC) fell 7.7% to $62,915, Solana (SOL) by 9.6% to $75.11 and Ether (ETH) by 10.8% to ...

The company cleared its Coinbase debt and reported about 760 BTC as of July 23, the latest point balance in its disclosures. The post Another public company abandons Bitcoin playbook after treasury volatility drove $22 million loss appeared first on CryptoSlate.

Payward grew revenue despite weaker crypto spot activity, as funded accounts jumped 42% and a growing share of revenue came from outside transaction-based activity. Kraken parent Payward reported $508 million in adjusted revenue for the second quarter, up 17% year over year despite a decline in crypto spot trading and overall transaction volume. According to Friday’s earnings report, total transaction volume fell 13% year over year to $310 billion, while funded accounts increased 42% to 6.6 million. Payward remained adjusted EBITDA positive at $23 million. Asset-based and other revenue accounted for 60% of total revenue, up from 55% a year earlier, as the company generated a growing share of its revenue outside transaction-based activity. Read more

Current and former OpenAI employees reportedly say pressure to release new AI products made it harder to prioritize safety.

Security expert Nick Neuman warned that leaked home addresses could enable criminals to more easily target people for wrench attacks.

Bullish, Coinbase, and Circle were among the names lower on Friday after the regulatory setback.

Galaxy Research says the lull likely means vulnerable holders migrated, or were already emptied.

Strategy faces a renewed threat of removal from major MSCI equity indexes under a broader screening proposal that could trigger an estimated $2.8 billion in passive selling. MSCI opened a consultation this month on rules designed to identify “non-operating companies” through their financial statements. The firm noted that applying the proposed methodology to the MSCI […] The post Strategy tells MSCI ‘Bitcoin doesn’t need you’ as $2.8 billion index risk hangs over MSTR appeared first on CryptoSlate.

Bank Leumi's 2022 attempt died at the Bank of Israel. A softer regulatory line and Galaxy's custody stack now give it another shot in early 2027.

The UK lawmaker declared victory following a by-election, triggering a resumption of an investigation from the parliamentary commissioner for standards into his crypto donations. UK Reform leader Nigel Farage will face an investigation that had been briefly paused following his resignation from Parliament after winning a by-election on Thursday with no major party candidates participating. As of Friday, the UK Parliamentary Commissioner for Standards website showed that Farage was currently under investigation for “failure to register an interest” related to the Reform leader receiving millions of dollars’ worth of donations and gifts from two figures tied to the crypto industry. The investigation was halted in July after Farage resigned as a member of Parliament, but resumed following his reelection as Clacton’s MP.  The commission will probe cryptocurrency billionaire Christopher Harborne giving Farage $6.7 million as well as the Reform leader’s staff and security funded by George Cottrell, a convicted frau...

Further increase or a move south: what's next for CRO?

Bitcoin miner Hyperscale sold most of its Bitcoin but said it plans to rebuild its holdings through mining and future purchases.

Card growth lifted total revenue, but trading volume fell about 66% and year-over-year operating costs remained elevated. The post Latest Gemini earnings expose crypto’s new exchange reality – more total revenue, less crypto trading appeared first on CryptoSlate.