Crypto

The former Signet developer aims to launch early next year a marketplace connecting stablecoin issuers with regional lenders to manage reserves.

A hacker reportedly took over Robinhood CEO Vlad Tenev’s X account to promote a fake “VLAD” memecoin, posting what appeared to be a malicious token contract address. One or more hackers took over Robinhood CEO Vlad Tenev’s X account on Thursday after a post appeared promoting a fake memecoin called “VLAD” and included what appeared to be a malicious token contract address. The post attracted more than 175,000 views in less than 20 minutes before users identified it as a scam and warned others not to interact with the token. Read more

The first tokenized livestock deal on Brazil's stock exchange offers dairy farmers a lifeline as the sector's credit crisis deepens.

Ethereum's latest technical setup has historically marked distribution endings as whales continue accumulating millions of dollars worth of ETH.

Reduce-only trading begins Aug. 26, with forced closes possible before exchange services end Sept. 23. The post BitMEX shutdown gives traders 2 months to withdraw, but active positions face an earlier deadline appeared first on CryptoSlate.

Goldman chief David Solomon will support the crypto market structure bill now in Congress, even as financial companies and banks are hesitant over provisions on stablecoins. David Solomon, chair and CEO of financial giant Goldman Sachs, has given his support for a “not perfect” cryptocurrency market structure bill under consideration in the US Senate even as many provisions continue to divide lawmakers and his fellow industry leaders. According to a Thursday Politico report, Solomon said that the Digital Asset Market Clarity (CLARITY) Act was “not perfect” but needed to create a “level playing field to enhance market stability.” Solomon stands out as the head of a major financial company backing the legislation, which many of his peers are opposing by arguing that the bill allows crypto companies to pay users interest or yield on stablecoins outside standard rules for financial institutions. “The CLARITY Act — like all legislation — is not perfect,” said Solomon, according to Politico. “And there are lots of ...

Rolling out this week, Coinbase Business users will be able to accept payments from AI agents, done via the x402 protocol, developed and incubated by the exchange.

Whales keep increasing their exposure to the cryptocurrency.

Seven straight days of Bitcoin ETF inflows totalling $981M suggest institutional re-accumulation, with Santiment flagging $70K as the next plausible BTC target. The post $981M Bitcoin ETF Streak Signals Institutional Re-Entry, $70K in Sight appeared first on Cryptonews.

Both parties say they want US crypto market structure legislation, but a dispute over ethics rules and who enforces them is becoming the bill’s biggest obstacle. The long-awaited US Digital Asset Market Clarity Act (CLARITY) has hit another snag. This time, it’s not software developers or the turf war between federal regulators at stake, but the thornier question of ethics — ironic, given many politicians’ demonstrable disdain for them. After months of negotiations and what Coinbase’s chief executive Brian Armstrong called “thousands of hours of work on both sides,” disagreement over a code of conduct could make or break CLARITY once and for all. Read more

The investment marks Empery’s latest push into AI infrastructure as the company shifts capital away from its Bitcoin treasury strategy. Empery Digital said it invested $20 million in Cardinal Data Power, acquiring an approximately 8% stake in the private developer of powered data center campuses. The investment was part of Cardinal Data Power’s approximately $70 million Series A financing and will support development of a 750-megawatt data center campus in West Texas. The project is expected to deliver its first power in 2027, expand to about 1 gigawatt by 2029 and eventually exceed 5 gigawatts. Cardinal develops powered data center campuses for artificial intelligence and high-performance computing workloads. The company said it combines power generation, natural gas supply and electrical infrastructure to accelerate development of large-scale computing sites. Read more

Ether trades below its realized price while onchain indicators point to easing selling pressure and recovering demand, though a definitive cycle bottom has yet to emerge. Ether is becoming increasingly attractive from a valuation standpoint, particularly relative to Bitcoin, but onchain data suggests the market has yet to reach a definitive cycle bottom, according to CryptoQuant. In its latest weekly report, the analytics company said Ether (ETH) is trading roughly 17% below its realized price, or the average onchain acquisition cost of all ETH in circulation, of about $2,300. Historically, ETH trading below its realized price has coincided with periods of market undervaluation and long-term bottoms. Ether is also showing signs of improving relative to Bitcoin (BTC). CryptoQuant said that ETH’s market value-to-realized value (MVRV) ratio has retreated from extreme overvaluation, exchange inflows have declined, exchange-traded fund (ETF) holdings have begun to recover after months of weakness, and ETH/BTC spot...

BlackRock, Coinbase and Strategy are backing a $15 million effort to prepare Bitcoin against future quantum-computing attacks. The companies are among nine founding members of the Bitcoin Security Consortium, announced July 23 to support developers and researchers working on the network’s long-term security. The consortium also includes Anchorage Digital, ARK Invest, Block, Blockstream, Fidelity Digital […] The post $460 billion Bitcoin risk draws BlackRock, Coinbase and Strategy into $15M quantum defense mission appeared first on CryptoSlate.

A new court status report reveals the agency will pay a flat fee to resolve a two-year fight over what former Chair Gary Gensler knew about Ethereum.

Nine of the biggest institutional names in Bitcoin formed a consortium to fund the developers working to keep the network secure—including from future quantum computers.

On July 22, SEC Commissioner Hester Peirce warned that some crypto vaults and onchain lending strategies may fall under federal securities laws. According to her, the regulatory risk depends on how the products are structured and who controls the investment decisions. Crypto vaults pool customer assets into onchain strategies that generate yield through lending, staking […] The post $131 billion crypto vault boom will test the limits of SEC’s friendlier crypto stance appeared first on CryptoSlate.

Bitcoin’s latest rally has carried the asset back into an area where sellers have previously regained control. The coming sessions should reveal whether this recovery has enough strength to continue or if another rejection is waiting around the corner. Bitcoin Price Analysis: The Daily Chart On the daily timeframe, BTC has extended its recovery into […]

Tether stakeholder Christopher Harborne's £30m in crypto political donations triggered dual UK probes and a Britcoin lobbying conflict-of-interest scandal. The post Farage, Harborne and the £5M Gift: How UK Crypto Money Reshaped Reform appeared first on Cryptonews.

Ripple’s XRP remains trapped beneath a major technical barrier despite recovering from its late June lows. The recent rebound has improved short-term sentiment, but the price is now approaching an area where buyers must absorb significant overhead supply before a broader trend reversal can be considered. Ripple Price Analysis: The Daily Chart The daily chart […]