Crypto

BIP-110 supporters insist the proposal remains viable, despite the minority chain falling dozens of blocks behind Bitcoin's main chain.

The UK’s FCA is reportedly preparing a regulatory framework for tokenized gold and how these products may be used as collateral assets in wholesale markets. The UK’s Financial Conduct Authority (FCA) has reportedly held talks with banks and other industry participants over potential rules for tokenized gold. The FCA has also sought feedback on the use of tokenized gold as collateral in wholesale markets, people familiar with the matter told the Financial Times. The regulator is reportedly preparing to outline plans for new regulatory standards for tokenized gold. Cointelegraph has approached the FCA for comment on the matter. Read more

The buyer owes $11 million later, while 3.58 billion WLFI still need registration effectiveness to become transferable. The post Swapping a $23M business for $1M cash while banking on locked WLFI tokens shows how dire crypto balance sheets have become appeared first on CryptoSlate.

The trading firm is also introducing “Robinhood Cortex Digests for Crypto,” a generative AI-powered widget that analyses breaking news and other data.

The market rose even as the Senate left the crypto bill unpassed before its recess, with steady ETF inflows and a softer dollar doing more for prices than Washington.

Ocean, a bitcoin mining pool, had been backing BIP-110 by default. Simple Mining, a company that runs mining machines through Ocean, used software from the pool that lets individual miners choose for themselves and went the other way.

There's a catch, though; the actual surge came before the listing was announced.

Three sales meet CPI and PPI, creating measurable tests of bond demand, yields and Bitcoin pressure. The post Yields are spiking toward 5.2%, but history shows Bitcoin might completely ignore Wall Street’s $125 billion stress test appeared first on CryptoSlate.

BTC and the crypto market are entering another potentially volatile trading week because of these factors.

Bitcoin Red Team has now found 1,288 critical and high-level vulnerabilities in the Bitcoin ecosystem as of Saturday. A Bitcoin security researcher says he has been forced to go back to using open-source Chinese AI models after finding himself restricted from analyzing further codebases by OpenAI, highlighting a growing concern that the most capable AI tools aren’t being made available to defenders.  In an X post on Tuesday, AnchorWatch CEO Rob Hamilton said he had begun integrating OpenAI’s Trust & Cyber capabilities into his Bitcoin Red Team work on Saturday, only to find his access restricted the following morning.  “It absolutely guts me as a patriotic American to have to do this, but I will be going back to using Chinese open source models to conduct my research to protect Bitcoin infrastructure,” he added.  Read more

Every major except XRP is green on the week, with BTC, ether and BNB each up nearly 3% as global stocks trade near a record.

Australia’s financial watchdog has suspended Cryptolink’s registration for three months, adding to a crackdown that previously saw the Bitcoin ATM operator fined $56,340. Australia’s anti-money laundering watchdog has suspended the operation of Cryptolink’s Bitcoin ATMs for three months, citing “ongoing concerns” about its compliance with anti-money laundering obligations.  Australia has the highest number of crypto ATMs of all countries in the Asia-Pacific region. Australian authorities have been cracking down on the criminal use of crypto ATMs since at least late 2024.  AUSTRAC CEO Brendan Thomas said Monday the company’s Virtual Asset Service Provider (VASP) registration has been suspended for three months starting Sunday, meaning its crypto ATMs will not be allowed to operate during that time. Read more

The token fell 5% last week while BTC, ETH and SOL climbed.

The firm said whale accumulation near realized prices aligns with the late stage of a bear market.

Bad actors with access to a cryptography-breaking quantum computer probably won’t try to announce it to the world by hacking Satoshi Nakamoto’s high-profile Bitcoin wallets, crypto executives say. The first sign that quantum computing has broken modern cryptography probably won’t be a splashy theft of Satoshi Nakamoto’s dormant Bitcoin. It could just be a wave of unrelated crypto wallet breaches with no trace of how an attacker did it, according to the founder of blockchain startup Quantus.  “When someone cracks your key, you don’t get a memo saying how they did it,” Christopher Smith, CEO and co-founder of Quantus Network, told Cointelegraph. A sufficiently powerful quantum computer could derive a private key from public keys exposed onchain, allowing an attacker to move funds without compromising a wallet, device or exchange’s internal systems.  This makes the arrival of “Q-day” — a hypothetical future moment when quantum computers become powerful enough to break standard public-key cryptography — unusually...

Unrealized XRP depreciation erased nearly twice the value added by net capital-share activity as token holdings rose 31.7%. The post Investors poured $82 million into Canary’s XRP ETF, but falling prices erased double what they put in appeared first on CryptoSlate.

BIP-110 forks itself into oblivion with a “2-block chain” and CLARITY will finally get a Senate vote in September. The odds say that vote will be a No. Supporters of the BIP-110 soft fork hoped to eradicate spam from the blockchain, but after a lengthy and heated debate the proposal has been pronounced DOA or Dead On Arrival. After securing just 2.5% support ahead of entering mandatory signaling on Saturday, it split off into a minority chain that mined just two blocks in eight hours before stalling. This is probably no surprise given it’s just as difficult and expensive to mine on the new chain as it is on Bitcoin — but without any hope of being able to sell the block reward to recoup the costs. The difficulty would have adjusted downward if they’d managed to mine through another 2,014 blocks. BIP-110 aimed to rid Bitcoin of non financial transactions, such as Ordinals, but opponents saw it as imposing censorship on the chain and it faced opposition from prominent Bitcoin advocates. Strategy executive chairm...

Former US Defense Secretary Mark Esper says the CLARITY Act is not merely a financial services bill, its a national security one. A former US defense secretary has urged the Senate to pass the CLARITY Act, arguing that weak digital asset rules create openings for North Korea and China to undermine American financial power. In an op-ed in the Financial Times on Saturday, former US Secretary of Defense Mark Esper said Beijing is already investing in state-directed payment systems to sidestep American supervision and erode the US dollar’s central role.  “I have long argued that China is the greatest strategic threat of our lifetime,” said Esper, who also serves as a member of the Coinbase Global Advisory Council.  Read more

Cardano, Hedera and Polkadot registration withdrawals gave no reason for the retreat, while five other Grayscale altcoin filings remained preliminary. The post In just 190 seconds, Grayscale quietly pulled the plug on three major altcoin ETFs appeared first on CryptoSlate.

The pre-revenue company ended June with $577,328 in cash while its RoboShare pilot and discounted equity facility remained conditional. The post A pre-revenue AI crypto startup funneled $12 million into EV as bad crypto trades erased 97% of cash in six months appeared first on CryptoSlate.