Crypto

OpenAI’s new flagship crushes coding tests and complex logic, but creative work is sterile, safety rails are heavy-handed, and its cramped context window leaves it lagging rivals like Claude.

ChatGPT’s XRP analysis has indicated textbook flag consolidation at $3.20, supported by the SEC’s Regulation D waiver for Ripple and Blue Origin’s XRP payment adoption, with technical, corporate, and institutional factors shaping a measured 90-day price trajectory between consolidation and breakout. The post ChatGPT’s XRP Analysis Sees Perfect Flag Setup – SEC News Could Trigger Moonshot appeared first on Cryptonews.

Do Kwon previously had pleaded "not guilty" to multiple fraud charges earlier this year.

The US GENIUS Act may boost stablecoin adoption, but its ban on yield-bearing stablecoins could drive trillions into tokenized real-world assets. The landmark US GENIUS Act could serve as a major catalyst for stablecoin adoption both domestically and abroad. But rather than simply boosting demand for dollar-backed digital currencies, it may unintentionally push capital into the tokenization market as investors seek yield on their holdings. That was one of the key takeaways from a recent interview with Will Beeson, a former Standard Chartered executive and now founder and CEO of Uniform Labs, a developer of institutional liquidity solutions for tokenized financial markets. A central provision of the GENIUS Act is its blanket ban on yield-bearing stablecoins, which prevents holders from earning interest on their digital dollar balances. According to Beeson, this restriction will accelerate the flow of capital into tokenized real-world assets (RWAs). Read more

Blockchain developer known as Fede’s Intern confirmed his release from Turkish custody on August 11 after authorities detained him over alleged connections to Tornado Cash. The developer posted on X that international intervention secured his freedom following a brief detention at Izmir airport. Turkish police detained the developer upon arrival in Izmir, where he planned […] The post Crypto developer walks free from Turkish custody after privacy protocol research triggers detention appeared first on CryptoSlate.

Do Kwon, the mastermind behind the collapsed Terra crypto project, is expected to plead guilty on Tuesday, court docs show.

Bitcoin selling pressure fades as long-term holders dig in despite prices hovering around the recent all-time high.

In January, the Terraform Labs co-founder pleaded not guilty to several charges, including securities fraud, market manipulation, money laundering and wire fraud. A federal judge overseeing the case against Do Kwon has scheduled a Tuesday conference at which the Terraform Labs co-founder “may enter a change of plea.” In a Monday filing in the US District Court for the Southern District of New York (SDNY), Judge Paul Engelmayer ordered the parties to appear in court on Tuesday, which could suggest that Kwon was preparing to change his plea for some or all of his charges. The Terraform co-founder initially pleaded not guilty to nine felony counts in January after a monthslong extradition court battle in Montenegro ended with his removal to the United States. Read more

Safety Shot announced on August 11 the creation of a corporate BONK treasury, receiving $25 million in tokens through a strategic alliance with BONK founding contributors.  The Nasdaq-listed company issued $35 million in convertible preferred shares as consideration for the allocation. The arrangement positions Safety Shot among a growing cohort of public companies adopting altcoin […] The post Safety Shot establishes BONK corporate treasury with $25 million token allocation appeared first on CryptoSlate.

SUI slid to $3.69 after failing to break resistance near $3.98, with open interest dropping 15% and funding rates plunging from July highs.

The US Senate is not scheduled to be in session until Sept. 2, but Senator Elizabeth Warren offered a preview for how she may address the CLARITY Act. With Congress not scheduled to return from recess for a few weeks, some US lawmakers are already signaling how they plan to address crypto-related legislation passed by the House of Representatives in July. In a Sunday MSNBC Interview, Massachusetts Senator Elizabeth Warren, one of the more outspoken voices associating digital assets with illicit activities, said she supported regulation of the crypto industry. However, she suggested opposition to crypto market structure through the Digital Asset Market Structure Clarity (CLARITY) Act, introduced by Republicans and passed with bipartisan support in the House.  “We need crypto regulation,” said Warren. “But we don’t need regulation written by the crypto industry that supercharges this kind of corruption. We need regulation that limits the corruption and the ability of elected officials to trade in it, that also ...

Analysts suggest that this momentum is fueled by a recent increase in network capacity, rising ether price, and a reduction in transaction costs, particularly for DeFi protocols and stablecoin transfers.

Blue Origin’s new crypto payment option joins a wave of blockchain ventures in aerospace, from NFTs minted in orbit to satellites running decentralized networks. Jeff Bezos’s Blue Origin has partnered with Shift4 Payments to let customers pay for trips to outer space in cryptocurrencies and stablecoins. According to a Monday press release, Blue Origin’s New Shepard tickets can be purchased in Bitcoin (BTC), Ether (ETH), Solana (SOL), USDt (USDT), and USD Coin (USDC). Blue Origin — which has flown more than 75 passengers past the Kármán Line, the internationally recognized boundary where Earth’s atmosphere ends and space begins — will accept direct payments from popular wallets like MetaMask and Coinbase. Read more

Paxos has joined the list of firms seeking a national trust charter, with the stablecoin issuer following Circle and Ripple on that front.

A drinks company is now adopting BONK as a treasury asset, and plans to acquire up to $115 million of the Solana meme coin by year-end.

The company said that it aims to bring greater institutional presence to the BNB ecosystem.

Altcoin Season has re-emerged in select markets. Ethena, Pump.fun, and Hyperliquid each maintain active tokens, consistent volume, and defined use cases, from synthetic dollars to meme launches and on-chain exchanges. The post Why Ethena, Pump.fun, and Hyperliquid Could Lead the Next Altcoin Season Leg appeared first on Cryptonews.

Financial infrastructure firm ALT5 Sigma Corporation signaled its plans to establish a $WLFI treasury, shortly after the token became poised to trade.

The digital assets arm of Fundamental Global is rapidly building one of the largest corporate ETH holdings.

Pump.fun’s token surged as the meme coin launchpad clawed back market share from LetsBonk, its biggest competitor on Solana in recent weeks.