Crypto

Fnality raised $136 million in a round led by Bank of America, Citi and WisdomTree to expand its blockchain settlement network. London-based blockchain payments company Fnality secured $136 million in a Series C funding round backed by some of the world’s largest financial institutions. Bank of America, Citi, KBC Group, Temasek, Tradeweb and WisdomTree led the round, joined by returning investors including Goldman Sachs, Santander, Barclays and UBS, according to a Tuesday announcement by the company. “The closing of our Series C reflects a shared conviction that the future of money demands a new foundation,” Fnality CEO Michelle Neal said. She added that the company’s blockchain-based settlement systems offer “24/7 payment rails, real-time settlement, and enhanced liquidity.” Read more

Monday’s redemptions point to “short-term positioning” after the Fed’s rate cut—while flows could swing again on Friday’s PCE data.

Seasonal weakness persists as crypto markets cool, while gold and AI stocks capture attention.

Funding round backed by Bank of America, Citi, WisdomTree and others highlights institutional push into tokenized finance.

The reported pause on RWA tokenization shows Beijing’s risk concerns, even as Hong Kong accelerates its digital-asset ambitions.

The $10 billion investment company, which was rebranded from Binance Labs, is open to the possibility of converting into an investment fund

New Madrid hub positions German crypto infrastructure firm to capture growing adoption among banks and investors

The on-chain perpetuals market is experiencing a major shake up as Hyperliquid cedes ground to competitors.

The fraud ring likely have used "chain-hopping" and OTC networks to launder $15 million, an expert told Decrypt.

The European arm of crypto exchange Bullish is to be the first venue to list the SG Forge’s USD CoinVertible (USDCV) stablecoin.

A Toronto-area abduction tied to a million-dollar Bitcoin demand ended with a 13-year prison term, while a co-accused minor awaits judgment.

Experts note that options traders are pricing in further downside this month, even after the largest long liquidation event on Monday.

Crypto market drops 2% to $3.9T as $1.7B in liquidations hit, with Bitcoin near $112K and Ethereum, BNB and Solana posting sharp losses. The post Crypto Market Suffers 2% Drop As Bitcoin Tumbles and $1.7B Liquidations Mount appeared first on Cryptonews.

CleanSpark expanded its Bitcoin-backed credit line with Coinbase as miners turn to non-dilutive financing under tighter market conditions.

Nine US lawmakers asked the SEC to move forward on last month’s executive order to speed up the inclusion of alternative assets like crypto in US retirement funds. US lawmakers have called on Securities and Exchange Commission Chair Paul Atkins to help accelerate the executive order enabling crypto investments in US 401(k) retirement plans. In the letter on Monday, nine lawmakers, including House Financial Services Committee Chairman French Hill and Subcommittee on Capital Markets Chairman Ann Wagner, said that Atkins was asked to “provide swift assistance” to the Secretary of Labor and to make any necessary adjustments to its current regulations and guidance. They also noted that under President Donald Trump’s August executive order on “Democratizing Access to Alternative Assets for 401(k) Investors,” the SEC was instructed to make alternative assets like crypto more accessible in participant-directed retirement plans, in consideration of accredited investor and qualified purchaser rules. Read more

Korean Air will use Swedish DePIN startup Wingbits’ encrypted flight-tracking data for research into advanced air mobility, validating the crypto-powered network’s aviation ambitions.

Cheongju, the capital and largest city of South Korea’s North Chungcheong Province, says it has seized crypto from 203 residents since 2021. The post South Korean City Has Seized Crypto from 200+ Residents Over Unpaid Tax Bills appeared first on Cryptonews.

Delphi-2M reads your medical history like a language model reads text—and forecasts health problems 20 years out with surprising accuracy.

Is $112K support cracking or holding? Bitcoin price prediction points to a critical moment for BTC’s 2025 path. The post Bitcoin Price Prediction: BTC Hits $112K—Trap for Bears or Buy Signal Ahead? appeared first on Cryptonews.

Tether said reports that it has exited Uruguay “do not accurately reflect the situation” and the local mining operator is working with the government to “resolve friction.” Stablecoin issuer Tether has denied widespread local media reports that it is exiting Uruguay over a $4.8 million debt dispute with one of the country’s state-owned electricity entities. According to local news source Telemundo, Tether abandoned its crypto mining operations and future plans after the National Administration of Power Plants and Electric Transmissions (UTE) unplugged power at its facilities for failing to pay a $2 million electricity bill for May. It also reported that Tether also owed around $2.8 million for other local projects, bringing its total liabilities to roughly $4.8 million, excluding fines and surcharges, Telemundo said on Saturday, citing fellow local news outlet Busqueda, which first reported the news two days earlier. Read more