Crypto

China Business Journal says fraudsters impersonated the publication, demanding Bitcoin to suppress purported investigative reports about targeted companies. China Business Journal, a state-affiliated newspaper, has warned that fraudsters have been impersonating the publication to extort companies by demanding Bitcoin in exchange for suppressing damaging reports. In a statement issued Thursday, the newspaper said scammers used a Proton Mail address to contact businesses, falsely claiming they had uncovered negative information through undercover investigations and threatening to publish the material unless paid in Bitcoin. The publication said the emails were unauthorized and that the scheme appeared to constitute fraud. Read more

US spot Bitcoin ETFs recorded $32.1 million in inflows on Wednesday despite Bitcoin dipping below $64,000, ending a four-session outflow streak. US-listed spot Bitcoin exchange-traded funds (ETFs) ended a four-session outflow streak on Wednesday, recording $32.1 million in net inflows. After posting more than $500 million in combined outflows over four straight trading sessions, spot Bitcoin ETFs returned to positive territory despite Bitcoin briefly falling to around $63,300 during US trading hours, according to data from SoSoValue and CoinGecko. So far this week, US spot Bitcoin ETFs have recorded net outflows of $29.29 million, while monthly net inflows have reached $204.7 million. Cumulative net inflows across the funds stand at $51.36 billion. Read more

Here's what needs to happen by August 11 in the Pi Network ecosystem.

Price volatility around the Federal Reserve's rate decision cleared positions for roughly 90,000 traders, with unusually equal losses for bulls and bears.

Four analysts agree the Fed's hawkish hold changes the calculus for risk assets, but they split on whether bitcoin's real test is already here or still six weeks away.

Peter Mintzberg filed a Form 144 on July 28 to sell 2,611 shares of the Grayscale XRP Trust ETF, the entire block he bought privately from the trust in October 2024.

Policy report recommends interim licensing guidance, greater flexibility for stablecoin issuers and rules ahead of the Digital Asset Basic Act. South Korea should allow greater flexibility for stablecoin issuers, provide interim licensing guidance and phase in stablecoin regulation before completing its Digital Asset Basic Act, according to a policy report published Wednesday by Hashed Open Research and the Solana Policy Institute. The report summarizes a June 23 symposium attended by lawmakers, legal experts and industry participants. The Digital Asset Basic Act would establish South Korea’s first comprehensive digital asset framework, covering stablecoins, issuance, disclosures and market rules. However, lawmakers have yet to reconcile multiple bills, with disagreements over stablecoin issuance delaying the legislation. Read more

The US Treasury said HormuzSafe accepted Bitcoin and other digital assets to evade sanctions and generate revenue for Iran’s Islamic Revolutionary Guard Corps. The US Treasury has sanctioned two Iranian maritime firms involved in an alleged Islamic Revolutionary Guard Corps (IRGC)-backed insurance network, saying one accepted Bitcoin (BTC) and other digital assets to bypass Western sanctions.  On Wednesday, the Treasury’s Office of Foreign Assets Control (OFAC) said that Persian Gulf Marine Insurance Company and HormuzSafe Marine Services Authority were integral to what it described as an IRGC-backed insurance network that required commercial vessels to buy approved coverage before transiting the Strait of Hormuz. The firms were designated for operating in Iran’s financial sector. The action comes after earlier reports that Iran was considering a Bitcoin-based maritime insurance platform. US authorities now allege the network generated revenue for the IRGC. Treasury also sanctioned eight companies linked to I...

Crypto's majors barely moved as Asia's semiconductor selloff eased. Most are still lower over the week, with HYPE down 8%.

The HAWK system isn't deployed anywhere, and Bitcoin doesn't use it. But is sitting in the same quantum race that Bitcoin developers are scrambling to finish.

Luno and Gnosis joined a widening round of crypto restructurings in July, when at least 12 companies reported job cuts. Crypto exchange Luno is reportedly cutting about 20% of its global workforce as it restructures operations and shifts more resources toward institutional clients, financial infrastructure and business-to-business services.  According to a Bloomberg report on Tuesday, Luno CEO James Lanigan said the company had invested in automation and broader operational improvements that changed the resources needed to run the business. Luno will also trim costs in line with market conditions while investing in compliance, core infrastructure and retail products.  Luno has previously made larger workforce reductions. In January 2023, the exchange cut 35% of its staff, affecting nearly 330 employees, as turbulence across the technology and crypto sectors weighed on its growth and revenue. Read more

Critics have challenged the forecast, arguing that BTC's historical tops have consistently arrived after, not before, halvings.

The Bitcoin and altcoin fund builds on Gumi’s growing crypto business centered around XRP, with the company nearly doubling its crypto holdings over the past year. Japanese game developer Gumi said it will begin operating a 3 billion yen (about $18.3 million) crypto asset fund on Saturday with SBI Financial Services and backing from Daiwa Securities Group and other investors. The fund is operated by SBI Crypto Fund, a joint venture owned 51% by SBI Financial Services and 49% by Gumi subsidiary gC Labs. According to Gumi’s Tuesday announcement, the fund will invest primarily in Bitcoin and major altcoins, using staking, portfolio rebalancing and hedging strategies.  Read more

Pascal Caversaccio joins the Ethereum Foundation’s four-member board as the organization elevates privacy and security in its protocol strategy. The Ethereum Foundation (EF) has appointed Pascal Caversaccio, also known as “pcaversaccio,” a co-founder and lead of crypto security response group SEAL 911, to its board as the organization deepens its focus on privacy and security. On Wednesday, the EF said Caversaccio joined for an initial one-year term voluntarily. He joins President Aya Miyaguchi, Ethereum co-founder Vitalik Buterin and Swiss counsel Patrick Storchenegger on the four-member board. Caversaccio is a longtime Ethereum contributor and a member of the Foundation’s Silviculture Society, an informal advisory group focused on censorship resistance, open-source development, privacy and security. He also authored The Ethereum Cypherpunk Manifesto in 2024 and Ethereum Privacy: The Road to Self-Sovereignty in 2025. The board sets the Foundation’s vision and oversees whether management’s strategies and deci...

The American Arbitration Association’s Web3 Panel brings together specialists in blockchain, smart contracts, digital assets and autonomous transactions. The American Arbitration Association (AAA), one of the world’s largest providers of private dispute-resolution services, has launched a specialist panel for blockchain and digital-asset cases, giving companies access to arbitrators with expertise in the technical and legal complexities of crypto disputes. On Wednesday, the AAA said that its new Web3 Panel brings together arbitrators with experience across law, technology, academia, litigation and digital-asset businesses.  The panel is designed to address disputes arising from increasingly automated and decentralized commercial systems, including disagreements over contract interpretation, governance, asset control, cybersecurity, transaction records and cross-border enforcement. Read more

Insiders say that the bipartisan Senate duo revamping the bill's Trump-approved ethics section have come up with something they hope wins sufficient yes votes.

Microsoft Copilot AI is not easing into this predicts. By the end of 2026, XRP at $1.06 faces a bull case that projects $5 to $8, a number that treats regulatory approval as the trigger for a genuine repricing rather than a gradual climb. The post Microsoft Copilot AI Just Dropped the Most Bullish XRP Prediction of 2026 appeared first on Cryptonews.

A new OneDrive Photos app is appearing on some Windows 11 PCs through OneDrive and Windows updates, adding AI-powered search and an optional facial grouping feature.

Is another leg down looming for BTC after the rejection at $67,000 last week?

Robinhood posted a record $1.31 billion in revenue in Q2. Prediction markets are now doing the work crypto used to for the company.