Crypto

US spot Bitcoin ETFs recorded $225 million in net outflows on July 23, ending a seven-session inflow streak as net redemptions from BlackRock’s iShares Bitcoin Trust dominated the reversal. IBIT posted a $202 million net outflow, accounting for 89.96% of the US spot Bitcoin ETF sector’s aggregate net outflow. Five other funds recorded combined outflows […] The post BlackRock’s IBIT accounted for 90% of a $225 million Bitcoin ETF reversal after a seven-day buying streak appeared first on CryptoSlate.

The Singapore-based pool never recovered from freezing withdrawals in 2022. Now it's auctioning off its last Texas mining sites to pay back 11,700 users still holding IOUs.

The window for US lawmakers to address a comprehensive crypto market structure bill before the 2026 elections is closing, and industry organizations are calling for action. The Crypto Council for Innovation, Digital Chamber and Blockchain Association wrote to US Senate leaders on Friday calling for the chamber to prioritize “floor consideration” of the Digital Asset Market Clarity (CLARITY) Act. In a Friday letter to Senator Majority Leader John Thune and Minority Leader Chuck Schumer, the three cryptocurrency advocacy groups urged consideration of the CLARITY Act, which Republican lawmakers have been pushing for a vote before the chamber breaks for state work periods in August. Although the bill has advanced through the Senate banking and agriculture committees, some lawmakers said they planned to withhold their votes until key provisions were addressed. “[We] recognize that constructive bipartisan negotiations remain underway to secure and expand support for this critical piece of legislation,” said the let...

Zilliqa has suspended native transactions after discovering that roughly five affected signatures from the same private key may provide enough information to reconstruct that key, creating a recovery problem that an ordinary transfer cannot safely solve. The vulnerability is confined to Schnorr signatures generated for native, non-EVM transactions through the Zilliqa Ledger app, according to […] The post A 7 year Ledger bug lets attackers rebuild a private key from five signatures in seconds appeared first on CryptoSlate.

Twenty-five companies signed a letter defending open-weight models days after a Chinese AI helped Hugging Face survive a hack triggered by OpenAI's own systems.

Sen. Ruben Gallego is working with Senator Thom Tillis and other Republicans to come up with a counteroffer after bipartisan negotiations collapsed.

The firm says its "digital credit" shift needs new yardsticks that strip out debt and preferred claims to show what common shareholders own.

BlackRock's IBIT led the exit as Bitcoin briefly dipped under $65,000 and stocks fell on renewed US-Iran hostilities—though the week still closed in the green.

The digital rights group says India’s order to remove Jack Dorsey’s BitChat repositories from GitHub exceeds the government’s legal authority and threatens free speech. India’s Internet Freedom Foundation (IFF) has condemned a government order directing GitHub to remove repositories for Jack Dorsey’s decentralized messaging app BitChat, calling the move unconstitutional and warning it threatens free speech and open-source software. The statement came a day after India’s cybercrime agency ordered GitHub to disable access to three BitChat repositories within three hours, saying the decentralized messaging app could be used to bypass internet shutdowns, evade lawful surveillance and facilitate unlawful activities. In its statement posted on X on Friday, IFF argued the order exceeded the government’s legal authority because it was issued under Section 79(3)(b) of India’s Information Technology Act instead of the country’s formal website-blocking process, which includes procedural safeguards. The group called on t...

The revised CLARITY Act is exposing unusual divisions across Wall Street, Washington and the crypto industry as lawmakers struggle to build support for a Senate vote. Senate Republicans this week released a new draft that would bar the president and other federal officials from issuing or sponsoring digital assets. The changes have drawn sharply different […] The post CLARITY Act splits Wall Street and crypto as Goldman Sachs breaks with banks and Charles Hoskinson backs Warren appeared first on CryptoSlate.

Bitcoin ETF inflows, cooling AI momentum and potential regulatory progress under the CLARITY Act are fueling speculation that capital is rotating back into crypto. Crypto markets showed renewed signs of life this week as institutional investors fueled the longest streak of inflows into US spot Bitcoin exchange-traded funds (ETFs) since April and crypto-linked stocks rallied on optimism over US regulation. But the more intriguing story may be unfolding outside crypto: AI’s grip on speculative capital is beginning to loosen. After dominating markets for nearly two years, the AI trade is becoming more selective as investors distinguish between companies with sustainable earnings and those riding the hype cycle. The Philadelphia Semiconductor Index, or SOX, recently slipped into a technical bear market after falling 20% from its recent high, although it remains well above year-ago levels. Some analysts believe the shift could mark the beginning of a broader rotation back into digital assets. While it’s too early ...

"The next big move could shock everyone," one analyst predicted.

The organization sold locked WLD tokens to strategic investors as it seeks to grow its biometric identity network amid rising demand for human verification online. World Foundation has raised an initial $52.5 million through a sale of locked WLD tokens to strategic investors, with Pantera Capital leading the funding round. The round also included Bain Capital Crypto, Eightco Holdings, Selini Capital, Susquehanna Crypto and other investors, according to a Friday announcement shared with Cointelegraph. The WLD tokens sold in the fundraising are subject to a 12-month lockup. The nonprofit behind the World protocol said that new funds will be used to expand World ID, its system designed to distinguish people from AI agents. World ID generates a digital credential after users complete biometric verification at a World Orb device. Read more

U.S. Senate Democrats got President Donald Trump to accept potential limits on his lucrative crypto dealings, but they say the Clarity Act's restrictions aren't enough.

The project is moving away from basic network expansion to focus entirely on integrating its biometric screening devices across enterprise software suites.

Pantera Capital led the one-year locked token sale, joined by Bain Capital Crypto, as World scales its ID network for AI agents.

LMAX is working with Morgan Stanley and investment bank KBW to assess its options, which could lead to a sale or a public offering.

Bitcoin fell below $65,000 as surging oil prices and higher Treasury yields triggered a broader retreat from risk assets. Data from CryptoSlate shows the largest cryptocurrency traded near $64,980 as Brent crude remained on track for a weekly gain of almost 10%. Oil settled 7% higher at $100.69 a barrel on July 23, its first […] The post Bitcoin declines below $65,000 as Trump threatens Iran after tanker attacks send Oil above $100 appeared first on CryptoSlate.

Bitcoin saw several dips under the $64,000 mark as a Binance “plunge protection team” reemerged with bid liquidity to avoid a deeper BTC price rout. Bitcoin (BTC) fell more than 1.6% on Friday as its latest price correction accelerated after Wall Street opened. Key points: Data from TradingView showed BTC/USD approaching $64,000 as bulls struggled to preserve recent gains. Read more

BTC has dropped by roughly three grand after marking a local peak at $67,000. Strategy doesn't want to buy or sell, while a derivatives giant says goodbye.