Crypto

Storm's lawyers said Monday that uncertainties over Tornado Cash's role in some of the events recounted by witnesses could be grounds for a mistrial.

Crypto ATM arrests in London come as US states like Wisconsin move to limit daily transactions and mandate fraud warnings. Seven crypto ATMs were seized and two people were arrested in southwest London on Thursday on suspicion of money laundering and operating an illegal cryptocurrency exchange. The operation was led by the UK Financial Conduct Authority (FCA) and the Metropolitan Police, according to a statement by the financial watchdog. Since January 2021, any crypto business operating in the UK must be registered with the FCA and follow anti-money laundering regulations. Currently, no legal crypto ATMs are operating in the UK, and using or running one without FCA registration is a criminal offense. Read more

BitGo has filed confidential paperwork with the U.S. Securities and Exchange Commission (SEC) for a potential initial public offering, signaling its intent to enter public markets amid renewed momentum in the digital asset sector. The company’s Form S-1 submission does not include share counts or pricing details, and the offering remains contingent on regulatory review […] The post BitGo joins flurry of crypto firms eyeing IPOs appeared first on CryptoSlate.

Gemini predicts that Bitcoin’s record $122,838 peak has galvanised market optimism, outlining pathways for XRP to surge toward $45, Shiba Inu to rise sevenfold and Solana to approach $370 by late-2025, provided institutional inflows expand and ongoing US regulatory clarity supports liquidity. The post Google’s Gemini AI Predicts the Price of XRP, Shiba Inu and Solana by the End of 2025 appeared first on Cryptonews.

Crypto price prediction today reports Bitcoin has broken a fresh all-time high at $122,838, while altcoins XRP and ADA, meme heavyweight DOGE, and newcomer presale token Snorter have posted multi-month highs. Analysts view the moves as momentum toward a possible extended bull cycle. The post Crypto Price Prediction Today 21 July – XRP, Cardano, Dogecoin appeared first on Cryptonews.

The second week of the Roman Storm trial kicked off with Judge Katherine Failla allowing a witness to testify that Tornado Cash could have been modified to prevent criminal use. A federal judge overseeing Tornado Cash co-founder and developer Roman Storm’s criminal trial will allow jurors to hear testimony claiming he could have modified the platform “to deter criminals from using it.” In a Sunday order, Judge Katherine Failla denied a defense motion requesting to preclude testimony from a government witness over modifications Storm allegedly could have made to Tornado Cash. The witness, Philip Werlau, an investigator at the fraud investigation and Anti-Money Laundering compliance company AnChain.AI, will be allowed to offer testimony that Storm allegedly had the means to stop Tornado Cash from laundering the proceeds of crimes using smart contract features, but chose not to. Read more

A total of 11 Proposals for Improvement are listed in the hard fork.

Pump.fun has generated $774 million in revenue, raised $600 million in 12 minutes, and created almost 12 million tokens on Solana. Can it keep it going?

Justin Sun has been announced for Blue Origin’s upcoming NS-34 flight, joining others on a date yet to be confirmed. The TRON founder earlier paid $28 million for a seat and has since boosted stakes in Trump-linked WLFI and $TRUMP tokens after U.S. securities charges were dropped. The post Tron Founder Justin Sun Becomes Latest To Board Bezos’ Blue Origin Rocket appeared first on Cryptonews.

Hive Digital’s HPC business is targeting a $100 million annual revenue run rate as it continues to diversify beyond Bitcoin mining. Hive Digital Technologies (HIVE) is continuing its transformation from a pure-play crypto miner to a high-performance computing (HPC) services provider. What began with a fleet of 400 GPUs managed by two employees is now scaling toward a $100 million annual revenue. The company is leveraging advanced AI chips, including Nvidia’s H100s and the forthcoming Blackwell GPUs, to drive this growth. Co-founder and Executive Chairman Frank Holmes and CEO Aydin Kilic elaborated on Hive’s strategy in an exclusive interview with Cointelegraph at the Nasdaq Stock Exchange headquarters in New York City, where the company rang the closing bell on Thursday. Read more

Bitcoin treasury firm Strategy (formerly MicroStrategy) is launching a new financial product as a way to raise money for BTC buys.

Jito Labs published a proposal for a Block Assembly Marketplace (BAM) on July 21, a transaction-sequencing system that would enable developers to run central-limit order books, perpetual exchanges, and dark pools on Solana without altering the base protocol. The design introduces a network of BAM Nodes that sit beside the existing validator set, order encrypted […] The post Jito proposes a block marketplace to turn Solana into a ‘decentralized Nasdaq’ appeared first on CryptoSlate.

At least 913,111 ETH worth $3.4B is unrecoverable due to mistakes like sending funds to burn addresses or faulty contracts.

Polymarket comes back to the United States more than two years after US regulators dropped investigations into the predictions market platform. Online betting platform Polymarket said it acquired QCEX, US-licensed derivatives exchange and clearinghouse for $112 million, paving the way for the company’s return to the United States after a hiatus of more than two years. According to its website, QCEX is based in Boca Raton, Florida, with both entities, the derivatives exchange and the clearinghouse, under the oversight of the Commodity and Futures Trading Commission (CFTC). Polymarket is a decentralized prediction market platform that lets users trade on the outcomes of real-world events, such as election results and sports events. According to Token Terminal, trading volume on the prediction platform surpassed $15 billion over the past year. Read more

Vlad Tenev said Robinhood is dead set on expanding its tokenized stock offerings, despite warnings from the SEC about the novel asset class.

The Elon Musk favorite is the biggest gainer over the past week among the top 20 cryptocurrencies by market value.

Roman Storm’s defense team raised the prospect of a mistrial on July 21 after an FBI agent failed to confirm that the stolen assets from the prosecution’s first witness in his trial had passed through Tornado Cash.  Journalist Matthew Russell Lee reported in real-time today’s session of the trial, highlighting that before the jury could […] The post Roman Storm’s defense hints at mistrial after agents fail to trace funds stolen from witness to Tornado Cash appeared first on CryptoSlate.

The new entity will manage a crypto corporate reserve powered by the ENA token, with investors including Pantera, Galaxy Digital and the Ethena Foundation. StablecoinX, a new infrastructure company within the Ethena ecosystem, is going public through a merger with TLGY Acquisition Corp., securing $360 million to build a crypto corporate reserve anchored by the ENA token. After the merger, the combined company will be called StablecoinX Inc., and plans to list its Class A shares on the Nasdaq stock exchange under the ticker symbol “USDE.”  The new company will provide infrastructure and staking services for the Ethena protocol, while the Ethena Foundation will retain majority voting power in StablecoinX following the merger. The deal includes a $360 million private investment in public equity, with $260 million in cash and $100 million in discounted, locked Ethena (ENA) tokens, the protocol's native coin. Backers include the Ethena Foundation alongside Ribbit Capital, Pantera, Dragonfly, Galaxy Digital, Haun V...

Polymarket bettors have indicated 34% odds that Bitcoin will finish July above $125,000, versus 11% seeing $130,000+, as the token has reached a $123,000 record amid passage of the GENIUS Act and a $2 billion Bitcoin purchase by Truth Social’s parent company. The post Bitcoin To Pass 125k This Month, Polymarket Bettors Predict  appeared first on Cryptonews.

Trump Media and Technology Group, the parent company of Truth Social, revealed it has amassed roughly $2 billion worth of Bitcoin (BTC) and related digital assets, expanding on an investment strategy disclosed earlier this year. The company’s July 21 filing comes days after the U.S. House of Representatives advanced a trio of crypto bills, including […] The post Trump Media discloses $2B Bitcoin holdings as Congress approves key crypto legislation appeared first on CryptoSlate.