Crypto

Onramp.money, TransFi, and Banxa are the only KYB-verified on-ramp partners of Pi Network.

Hyperliquid processed $319B in trades last month, accounting for the majority of DeFi perpetual futures volume as decentralized exchanges gain traction. Trading volume on the decentralized exchange Hyperliquid reached a new monthly high in July, setting a record among DeFi perpetual futures platforms as user activity continued to rise. According to DefiLlama data, the platform processed $319 billion in trades during the month — the highest monthly volume ever recorded in the DeFi perpetual futures space. Hyperliquid’s record is a sign of more traders using decentralized exchanges, which are starting to cut into the market share of centralized cryptocurrency exchanges (CEXs). Read more

Bitcoin hits $116K after 120K BTC were bought near $112K while long-term holders realized $44M in profits.

Revived investment bank Salomon Brothers is using Bitcoin’s blockchain to claim abandoned wallets, sparking legal and ethical debates as it targets dormant addresses holding billions in BTC.

Your day-ahead look for Aug. 7, 2025

With new duties hitting dozens of countries, analysts warn of ripple effects on investor sentiment and crypto mining operations.

XRP may stay structurally weak unless whale wallets see daily inflows above 5 million tokens, one analyst warned. Key takeaways: In the past month, XRP whales have offloaded 640 million tokens, or $1.91 billion. Bearish divergence on the chart hints at weakening momentum. Read more

A former barrister is among those accused of shifting scam proceeds to crypto exchanges.

President Trump’s upcoming executive order could open the door for Bitcoin, private equity, and real estate in U.S. retirement plans.

Build on Bitcoin raised $21 million to unlock native BTC DeFi with a new bridge, hybrid layer-2 infrastructure and institutional investor backing. Layer-2 blockchain network Build on Bitcoin (BOB) has raised $21 million in strategic funding rounds since December 2024, with $9.5 million secured in its latest round, according to a news release sent to Cointelegraph. Many existing investors have increased their financial commitments in the latest $9.5 million strategic round, including Castle Island, along with new strategic investors Anchorage, Amber Group and sats Ventures. Nic Carter, founding partner of Castle Island, told Cointelegraph why they have decided to double down on their investment: Read more

The investment bring BOB's ("Build on Bitcoin") total funds raised to $21 million, following previous raises in 2024

An uptick in Bitcoin ETF inflows after four consecutive days of outflows hints at a shift in investor sentiment, analysts argued.

Scammers used Google Ads to impersonate Aave investment platforms in an attempt to trick users into linking wallets to malicious sites. Soon after decentralized liquidity protocol Aave announced it had surpassed $60 billion in net deposits, scammers launched a phishing campaign targeting its users through Google Ads, according to security researchers. On Wednesday, Aave said that it had become the first decentralized finance (DeFi) protocol to accumulate $60 billion in net deposits across 14 networks. According to Token Terminal data, Aave’s net deposits have more than tripled in the past year from about $18 billion in August 2024. A day later, on Thursday, blockchain investigation firm PeckShield alerted the crypto community to an ongoing phishing attack targeting Aave (AAVE) investors. Scammers had posted phishing links to fake Aave investment platforms via the Google Ads service. Read more

Bitcoin price analysis looked to last November for clues as to how high BTC might go if recent bull market history repeats. Key points: Bitcoin is attempting a support retest that looks very similar to late 2024, trader Galaxy said. Last time, BTC price action went from $70,000 to $108,000 after a successful retest. Read more

A VARA spokesperson told Cointelegraph that while mutual license recognition is a feature, it does not mean automatic passporting to different emirates. The United Arab Emirates (UAE) took a significant step toward harmonizing its approach to crypto regulation. The country’s Securities and Commodities Authority (SCA) and the Dubai Virtual Assets Regulatory Authority (VARA) announced a strategic partnership to unify the UAE’s approach to crypto regulations. Last September, the regulators expressed their intention to work together toward unifying crypto frameworks in the country. One feature of the partnership is that it will allow Dubai-based licenses to service the entire UAE, according to a Wednesday announcement shared with Cointelegraph. A VARA spokesperson told Cointelegraph that the latest development formalizes the agreement between the two regulators and “operationalises that intent” with concrete mechanisms.  Read more

Crypto founders Illia Polosukhin and Kain Warwick explain how they’re working together to reduce fragmentation and improve DeFi user journeys.

The studio has begun adding legal warnings to the credits of films including "Jurassic World Rebirth" against training generative AI works on its IP.

Scammers appeared to be using AI-generated avatars and voices to reduce production costs and scale up video content.

The online lender joins a growing wave of Korean fintechs eyeing stablecoin issuance after the government scrapped its CBDC pilot in favor of private-sector alternatives.

JPMorgan’s permissioned platform will help reduce settlement risk, time, and cost by enabling 24/7 programmable payments