Crypto

A drop in PEPE exchange balances has added to bullish expectations despite muted trader interest.

The roughly 4.9% variable-rate position leaves its exact collateral amount, current LTV and liquidation threshold undisclosed. The post Hyperscale sells Bitcoin for AI business set to deliver less than 20% of 2027 revenue appeared first on CryptoSlate.

Democratic lawmakers say wildfire event contracts create risks of arson, insider trading, and disaster profiteering as they urge federal regulators to step in.

Binance-affiliated entities filed a Hong Kong petition against RedotPay's founders, alleging the payment startup used its partnership with Binance to divert more than 470,000 Binance Card customers into its own competing stablecoin card. As Bloomberg News reported, Binance claims $472.8 million in losses, built on an estimated $925 lifetime value per customer, and says RedotPay […] The post How a crypto startup quietly siphoned 470,000 Binance users to build a $4 billion card empire appeared first on CryptoSlate.

The new law creates a licensed, central bank-supervised market for trading digital assets, yet crypto remains barred from everyday payments.

The first update is scheduled for August 7, with the second set for the following day.

The presentation at the annual Black Hat conference sheds new light on how OpenAI's models collaborated to launch the Hugging Face breach.

A week-long streak of inflows into US spot Bitcoin ETFs has coincided with the Coldcard wallet exploit, fueling debate over whether some investors are shifting away from self-custody. Demand for US spot Bitcoin exchange-traded funds (ETFs) has accelerated over the past week, with a string of daily inflows coinciding with the Coldcard wallet hack — timing that has prompted speculation about whether some investors are reconsidering self-custody. According to Bloomberg senior ETF analyst Eric Balchunas, BlackRock’s iShares Bitcoin Trust (IBIT), Fidelity Wise Origin Bitcoin Fund (FBTC), Bitwise Bitcoin ETF (BITB), ARK 21Shares Bitcoin ETF (ARKB) as well as Defiance Daily Target 2X Long MSTR ETF (MSBT) have recorded inflows every trading day since the weekend exploit, totaling roughly $620 million. The cumulative figure is consistent with Cointelegraph’s recent reporting on the ETF inflow streak. The Coldcard exploit drained more than $116 million worth of Bitcoin from over 5,200 wallet addresses, according to blo...

On-chain data shows big holders quietly buying XRP near $1, yet the daily chart is still trapped below a death cross.

BNY's Digital Asset Custody platform plans to provide institutional crypto staking support through Galaxy's infrastructure, the two firms said Aug. 4. BNY touches roughly 20% of the world's investable assets, with $62.6 trillion in assets under custody and administration as of June 30. Galaxy is one of three validator firms approved to stake Ethereum for […] The post BNY and BlackRock funnel billions through one infrastructure provider, exposing the fragile illusion of crypto diversification appeared first on CryptoSlate.

SpaceX and Circle rank among the 10 largest positions in Ark's flagship innovation fund after the firm continued buying both companies following their second-quarter earnings.

Three circuit judges disputed the former FTX CEO’s claims that the defunct crypto exchange’s investors could have been made whole and wouldn’t have experienced any losses. The US Court of Appeals for the Second Circuit issued a formal mandate upholding the conviction and sentence of former FTX CEO Sam “SBF” Bankman-Fried, reducing the number of potential opportunities for being released from prison early. On Tuesday, the Second Circuit filed a mandate following its June 12 ruling affirming a lower court decision convicting the former CEO on seven felony counts and sentencing him to 25 years in federal prison. Three circuit judges disputed Bankman-Fried’s claims in appeals that FTX had “sufficient liquidity to ensure that investors were made whole and would not experience any losses” and also upheld a New York court’s $11 billion forfeiture order as part of the criminal case. “As the district court recognized, any contention that Bankman-Fried lacked an intent to defraud because he intended to eventually repay...

Martinez expects the next test to come around $1,980 and $2,080 before Ethereum challenges higher resistance levels.

The South Carolina lawmaker who heads the Senate Banking Committee said that the majority leader still had time to put the crypto bill on the agenda despite the narrow voting window. Senator Tim Scott, who chairs the Senate Banking Committee, said that the chamber would vote on the Digital Asset Market Clarity (CLARITY) Act before it broke for an August recess, giving lawmakers just a few days to take action on the crypto bill. In a Thursday Fox Business interview, Scott said that the Senate “should have the first vote” on the CLARITY Act before lawmakers leave for state work periods this week. He added that Senate Majority Leader John Thune, who has the authority to set the agenda and schedule floor votes, still had time to announce a cloture vote on the crypto bill in the next few days. “The good news is we have the time to get it done,” said Scott.  Read more

New analysis finds AI infrastructure contracts are becoming larger and more profitable, but investors now demand stronger execution before rewarding bitcoin mining stocks. Bitcoin miners’ pivot into artificial intelligence and high-performance computing (HPC) is reshaping their business models, but investors are no longer rewarding new infrastructure deals with the same enthusiasm they once did, suggesting the market has become more discerning as AI hosting strategies move into the mainstream. According to new analysis by Blocksbridge Consulting published in TheEnergyMag’s Miner Weekly, the market reaction to AI infrastructure announcements has weakened significantly over the past two years. Reviewing 25 AI and HPC infrastructure deals announced between June 2024 and August 2026, the report found that the average announcement-day stock move fell from roughly 24% for the earliest deals to about 10% for the most recent ones. Median gains also dropped by roughly half over the same period, even as the size and va...

sFOX says execution through crypto dark pools rose from negligible volume in April to 15% of monthly volume by June. Separately, the firm's July 30 report puts OTC-desk routing at 77.7% of institutional volume moving through the platform, versus 18.4% landing on public exchanges. May's dark-pool volume alone came to $147 million. Diana Pires of […] The post How institutional dark pools quietly ate 15% of crypto volume and killed the retail whale-watching edge appeared first on CryptoSlate.

The new Agent Wallet lets AI agents execute on-chain trades within user-defined limits as MetaMask expands its push into AI-powered crypto trading.

Bitcoin price action stayed compressed in an ongoing divergence from stocks and gold while US PMI data sparked fresh talk of “stagflation.” Bitcoin (BTC) stayed motionless at Thursday’s Wall Street open as analysis saw signs of reemergent US “stagflation.” Key points: Data from TradingView showed BTC/USD hovering above $64,000, down around 0.5% on the day, while US stocks opened flat. Read more

The $35 frames have polarized lenses, UV protection and no camera, microphone, battery or electronics of any kind.

The stablecoin issuer is extending its tokenization business into Saudi Arabia, starting with institutional real estate assets with plans to expand to other asset classes.