Crypto

Daily NK reported that North Korea arrested former state cyber operators accused of hacking two state banks and laundering funds through crypto. North Korean authorities have reportedly arrested a group of former state cyber operators and IT specialists accused of hacking two state banks and laundering stolen funds through cryptocurrency. South Korean outlet Daily NK reported Thursday, citing an anonymous source in Pyongyang, that the group allegedly hacked the internal networks of North Korea’s central bank and the Foreign Trade Bank, converting stolen state funds into cryptocurrency before laundering them through China-based brokers. Cointelegraph could not independently verify the report. Read more

Main Street, which faces the most significant climate-related financial risk, currently lacks an avenue to hedge weather-related risks, argues CoinDesk’s Omkar Godbole.

Stablecoin supply has roughly doubled since January 2024, while entity-adjusted transaction volume has grown fourfold to fivefold, according to Coinbase Institutional, opening a wide gap between the amount of dollar liquidity held onchain and the volume of activity that liquidity supports. Market capitalization records the stock of stablecoins in circulation, which captures available liquidity, reserve […] The post 8x faster than US cash: The $1T network settling millions while banks sleep on weekends appeared first on CryptoSlate.

Ten once-prominent cryptocurrency networks now carry a combined market value of $12.06 billion, trading an average of 97.13% below their all-time highs. A recent report by Taurex noted that recovery needs across the group range from roughly 21.5x for Avalanche, the largest of the ten at $2.91 billion, to roughly 323x for Internet Computer, which […] The post These 10 altcoins are still worth $12B after a 97% collapse – but do users pay enough to them keep running? appeared first on CryptoSlate.

Fidelity called on the US Senate to pass the CLARITY Act, joining industry groups and crypto firms pushing for market structure legislation. Fidelity called on the US Senate to pass the CLARITY Act on Friday, saying clear digital asset regulations are needed to strengthen investor confidence, provide certainty for market participants and reinforce US leadership in global crypto markets. The company joins a growing coalition of financial firms and crypto organizations urging US lawmakers to advance digital asset market structure legislation. Earlier Friday, the Crypto Council for Innovation, the Digital Chamber and the Blockchain Association called on Senate leaders to bring the bill to the floor. Coinbase CEO Brian Armstrong also called for a full Senate floor vote on Wednesday. Read more

The Bitcoin treasury strategy is no longer moving in only one direction. Who's the next to pivot?

Bitcoin's daily correlation with the S&P 500 fell to 0.12 during the second quarter, down from 0.58 in the fourth quarter of 2025, according to a joint report from Coinbase Institutional and Glassnode covering data through June 30. Its correlation with the Nasdaq sat at 0.21 over the same window, and gold moved in the […] The post Bitcoin broke away from AI stocks but now $96 oil could turn its escape into a trap appeared first on CryptoSlate.

Some of the rewards exceed 22%, the company said.

Dango will close its network on Aug. 13, joining BitMEX, Odos and Satori Finance in a wave of recent crypto shutdowns. Layer-1 blockchain Dango will wind down operations by halting trading on its perpetual decentralized exchange (DEX) on Wednesday and shutting down its network on Aug. 13. “Despite our best effort, various reasons have led us to conclude there is no viable path to a lasting commercial success,” Dango said in a Friday X announcement. Dango founder Larry Liu added that the team faced cash shortages, legal challenges that slowed momentum, the loss of team members, and broader market conditions. Read more

The chain built to put equities onchain has tripled in size since mid-July, and a dozen tokenized stocks are now each clearing $500,000 a day. Real-world assets are growing fast, though memecoins and stablecoins still dominate the chain.

XRP spot demand hits its highest level since June while RSI signals overbought conditions at $1.14. Key support at $1.10, resistance stacked to $1.21. Full price analysis and scenarios. The post XRP Price Prediction: Ripple Token Spot Demand Hits Highest Since June appeared first on Cryptonews.

About $31.69M in combined bridge losses and B²'s July 22 staking suspension reveal three distinct control failures. The post Two Ethereum bridges lose $31.7M within hours as third protocol halts staking appeared first on CryptoSlate.

Is it all about XRP and its price or all Ripple moves matter to investors?

Ethereum ETFs snapped a five-day inflow streak and Bitcoin ETFs logged a second day of outflows, though both funds extended their weekly inflow streaks to three. US-listed spot Ethereum exchange-traded funds (ETFs) logged $70.62 million in net outflows on Friday, ending a five-day inflow streak. Ethereum funds saw $211.25 million in net inflows over the previous five sessions from July 17 to Thursday, according to SoSoValue data. They still posted $103.9 million in net inflows for the week ended Friday. Despite the outflows, Ethereum ETFs extended their weekly inflow streak to three straight and have attracted $337.74 million in net inflows so far in July. Read more

ONDO and LIT are today's largest losers once agian, while ZEC has decisively broken below $500.

Here's the latest from the Core Team amid the struggles of the project's native token.

Will history repeat in August with another leg down?

For the first time, real-world assets—stocks, commodities, and market indices—outpaced crypto on the world's biggest decentralized derivatives exchange.

The exchange, already sanctioned by the UK, is now on a list of 18 entities “providing crypto-assets services or payment services“ in defiance of the EU’s measures against Russia. The European Union has listed cryptocurrency exchange HTX, formerly Huobi Global, as part of a package of sanctions targeting Russia amid the country’s war on Ukraine. In a Thursday decision, the European Council amended its previous measures “in view of Russia’s actions destabilizing the situation in Ukraine” to include HTX in a list of 18 entities “providing crypto-assets services or payment services established outside of the Union that are significantly frustrating the purpose of the prohibitions” against Russia. The country continues to face sanctions globally over its war in Ukraine following a military invasion in 2022.  “The Union has repeatedly taken measures to identify financial institutions, credit institutions or entities providing crypto-asset services or payment services that facilitate a continued financial lifeline ...

Some traders still see a rally toward $2,000 as a potential bull trap before ETH makes one final move lower.