Cointelegraph.com
Source:
https://cointelegraph.com
Found 11109 news
-
Cointelegraph.com - 05:57 Jul 09, 2026
Onchain scammers netted more than $14 billion last year, and approval phishing remains a primary attack vector. A crypto user lost nearly $1 million on Wednesday after signing a phishing token approval on Ethereum, according to onchain data. It comes as the industry recorded $366 million in phishing losses in the first half of the year. A Scam Sniffer alert on Thursday revealed a victim lost 999,999 USDt (USDT) to an Ethereum phishing token approval scam. Scammers first tried draining a rounded $1 million via multicalls but failed due to insufficient funds, then succeeded seconds later by pulling the exact remaining balance in follow-up transfers. “The script recalculated and pulled the exact remaining balance,” Scam Sniffer said. Read more -
Cointelegraph.com - 05:47 Jul 09, 2026
Hackers have also been exploiting the codebases of defunct decentralized finance protocols, draining millions of dollars in customer funds. Blockchain security experts are urging crypto protocols to reaudit their smart contracts as AI tooling is making it easier for hackers to identify vulnerabilities more quickly than ever before. “Our data argues for continuous review rather than a one-time audit,” TRM Labs head of policy Ari Redbord told Cointelegraph, adding that “attack techniques are moving faster than a single audit from launch day can account for.” CertiK reported Monday that hackers stole another $1.32 billion in the first half of 2026 and have adopted increasingly sophisticated strategies in response to strengthened security measures across the industry. Read more -
Cointelegraph.com - 04:12 Jul 09, 2026
Ongoing strong demand for AI infrastructure “would likely sustain upward pressure on prices for technology products and electricity,” Federal Reserve policymakers said. Federal Reserve officials were split last month on whether to increase interest rates or keep them steady, with many seeing accelerating demand for artificial intelligence as a driver of inflation, according to meeting minutes released on Wednesday. The minutes covered the first monetary policy meeting under Fed Chair Kevin Warsh. Many Federal Open Market Committee members said that “ongoing strong demand for AI infrastructure would likely sustain upward pressure on prices for technology products and electricity,” according to the minutes. AI-related inflationary pressure, colloquially known as “chipflation,” stems from the rising cost of semiconductors used by data centers. This surge in demand, along with data center competition for energy, has pushed up consumer prices for a wide range of electronic goods, devices and power, and may conti... -
Cointelegraph.com - 02:33 Jul 09, 2026
Crypto venture firm Paradigm is widening its investment gaze toward AI and other frontier industries with its latest fund. Paradigm has raised $1.2 billion for its fourth fund, which will expand the crypto venture capital firm’s investments into artificial intelligence and related technologies. The company said on Wednesday that its latest fund will invest “first in crypto, and now across AI, robotics and other frontiers.” “We continue investing in crypto and the reinvention of markets and the financial system,” Paradigm added, highlighting its investments in the crypto perpetuals exchange Hyperliquid and the prediction markets platform Kalshi. Read more -
Cointelegraph.com - 02:32 Jul 09, 2026
Zapper provided crypto market data to over 2 million monthly active users and oversaw more than $13 billion in processed transactions during its peak. Decentralized finance (DeFi) analytics platform Zapper announced it will shut down next month, becoming the latest crypto platform to fold amid a market downturn. In a post to X on Wednesday, Zapper CEO Seb Audet said Zapper’s website, mobile app and API services would shut down on Aug. 3, marking the end of a seven-year run after receiving backing from the likes of billionaire investor Mark Cuban in 2021. “We evaluated a number of different options, pursued some to the fullest extent possible, and came to the realization that an orderly wind down is the best course of action,” Audet said. Read more -
Cointelegraph.com - 01:32 Jul 09, 2026
The size and scope of the US stock market “gives policymakers a strong incentive to backstop major drawdowns,” said Bitget Wallet COO, Alvin Kan. Crypto markets could benefit from increased liquidity if the US central bank steps in to support the $75 trillion equity market in a bear market, as it is "too big and too important to fail,” according to analysts. The US equity market has grown by 68% over the past five years and has added roughly $6 trillion in market value so far this year. However, analysts and experts, such as goldbug Peter Schiff, have warned that years of rapid growth could be setting up the market for a major correction. Such a correction could see the Fed "break decades of precedent" and buy equity ETFs to support the stock market, Bloomberg's ETF expert Eric Balchunas said on Tuesday, while other analysts said the resulting move to increase liquidity could set up an environment for cryptocurrencies to benefit. Read more -
Cointelegraph.com - 21:55 Jul 08, 2026
Bitcoin faces renewed sell pressure amid an oil price surge, Japan economic contagion risks and a fresh round of selling from Strategy. Key takeaways: Bitcoin traded down 3.5% on Wednesday as new developments in the US-Iran war pushed oil prices higher and Japan’s bond markets faced renewed stress. That combination triggered broader de-risking across markets. At the same time, concerns over potential Bitcoin sales from Strategy intensified, with traders now bracing for a possible correction below $60,000. Read more -
Cointelegraph.com - 20:29 Jul 08, 2026
Industry data shows trading activity and market value accelerating as crypto companies and traditional financial institutions expand tokenized equity initiatives. Tokenized stock transfers more than doubled over the past month to $8.41 billion, according to RWA.xyz data, as activity in onchain equity markets continued to accelerate. The sector's distributed value also climbed 43% over the same period to $2.16 billion, while the number of holders increased 17% to more than 409,000, according to the data platform. Growth was led by several of the market's largest tokenization platforms. Figure's distributed value surged 935% over the past 30 days, while Securitize's rose 332% and xStocks' increased around 62%. Read more -
Cointelegraph.com - 19:14 Jul 08, 2026
EU officials reportedly plan to consider changes to the Markets in Crypto-Assets framework, dubbed by some as “MiCA 2.0,” in response to a US stablecoin law and rules on tokenized payments and deposits. European Union officials are reportedly planning to revise the Markets in Crypto-Assets (MiCA) framework amid the implementation of a US law on stablecoins. According to a Wednesday report from Euronews, EU officials planned to revisit proposed changes to MiCA to broaden the framework's scope, specifically regarding non-EU companies issuing stablecoins. The revised rules, which authorities will reportedly consider in 2027, were in response to the US government’s Guiding and Establishing National Innovation for US Stablecoins, or GENIUS, Act, putting pressure on EU officials to clarify how US stablecoin issuers could be regulated in member states. Officials will also reportedly consider expanding MiCA to include rules on tokenized payments and deposits. Read more -
Cointelegraph.com - 18:41 Jul 08, 2026
Bitcoin hovered around the $62,000 mark following a spike in oil prices, escalating hot war in Iran and traders’ move to cut risk ahead of a Federal Reserve policy statement. Bitcoin (BTC) trades slightly above $62,000 and is down nearly 2% over the past 24 hours amid a risk-off mood across global markets. The pressure is not coming from crypto exclusively and is more so attributed to a sharp selloff in semiconductor and AI stocks. Renewed profit-taking from Samsung sent Asian markets reeling overnight, and military escalation between the US and Iran sent oil up around 5%. As a result, US stocks opened lower, and on Wednesday the Federal Reserve released the minutes from its June meeting, a report traders typically watch closely for clues on the timing of any rate cut. Currently, markets price roughly a 73% chance the Fed holds rates steady at its next meeting on July 29, but the major takeaway for investors will be how the tone of the minutes frames the Fed’s view on inflation and interest rates. Read mo... -
Cointelegraph.com - 17:31 Jul 08, 2026
The Bitcoin Standard Treasury Company and Cantor Equity Partners I announced that they were looking into amending the terms of a 2025 merger deal that “better reflected market conditions.” The Bitcoin Standard Treasury Company (BSTR), founded by Blockstream CEO Adam Back, wants to change the terms of its merger agreement with Cantor Equity Partners for a public offering. According to a Wednesday announcement, BSTR and Cantor Equity Partners I, the special purpose acquisition company (SPAC) created by financial services giant Cantor Fitzgerald, scrapped the original terms of a 2025 merger agreement and will negotiate a new deal. Although the details were not included in the announcement, both companies said that they intended to negotiate terms that “better reflected market conditions.” Source: BSTR Read more -
Cointelegraph.com - 17:23 Jul 08, 2026
A new Binance Research report said stablecoins are fast becoming a preferred settlement layer for tokenized TradFi markets while gaining traction in payments and savings. Stablecoin-settled perpetual contracts tied to traditional financial assets topped $1.1 trillion in trading volume during the first half of 2026, according to Binance Research, underscoring the growing role of stablecoins in tokenized financial markets. According to Binance Research, stablecoins are increasingly being used to settle TradFi-linked perpetual contracts, a market that's grown to roughly 11% of all crypto perpetual trading volume in the first five months of 2026. Read more -
Cointelegraph.com - 17:11 Jul 08, 2026
Andrew Bailey reportedly said Bank of England policy remained independent after a meeting with Nigel Farage that included discussions on cryptocurrency. Bank of England Governor Andrew Bailey has reportedly denied that lobbying efforts by Nigel Farage influenced the central bank’s approach to a potential central bank digital currency (CBDC), saying policy decisions were made independently. According to a Wednesday report by The Guardian, which obtained a letter written by Bailey, the governor said the BoE is “able to spot” attempts to influence its policymaking. The letter followed a meeting with Farage, during which the two discussed several issues, including cryptocurrencies. “Following our meeting, Mr. Farage spoke with the press outlining that we had discussed a range of topics, including cryptocurrencies,” Bailey reportedly wrote in the letter. “I am happy to confirm that no policy changes have taken place as a result of interventions by Mr. Farage.” Read more -
Cointelegraph.com - 15:35 Jul 08, 2026
Bitcoin price pressure took BTC toward the "crucial" $61,000 mark as oil prices soared on the collapse of the US-Iran ceasefire. Bitcoin (BTC) stayed below $62,000 after Wednesday’s Wall Street open as US president Donald Trump closing a key world oil route. Key points: Read more -
Cointelegraph.com - 13:36 Jul 08, 2026
The non-custodial Bitcoin exchange petitioned to annul a French decree implementing DAC8, arguing the rules could create surveillance and physical risks for up to 135 million European crypto holders. Bitcoin exchange Bull Bitcoin said Wednesday that it had petitioned France's Council of State (Conseil d'État) to strike down a French decree implementing the European Union's DAC8 crypto tax reporting rules. DAC8 requires crypto service providers to collect users' identity and transaction data and automatically report it to national tax authorities, which then exchange the information with their counterparts across EU member states. The directive went into effect on Jan. 1, 2026. The exchange said in a Wednesday press release that DAC8 risks creating a “mass database” linking legal identity and home addresses, including transactions with no relevance to taxation. Read more -
Cointelegraph.com - 13:31 Jul 08, 2026
India’s tax department reportedly found that fewer than a quarter of the 645,000 people who made crypto transactions reported them on tax returns. India’s tax department reportedly found widespread gaps in crypto tax reporting, warning that offshore exchanges, private wallets and peer-to-peer (P2P) trades are making crypto activity harder to track. Reuters on Wednesday reported government documents showed that fewer than a quarter of 645,000 individuals who made crypto transactions in the year ending in March 2023 reported the trades on their tax returns. The department also reportedly estimated that India had about 39 million crypto traders holding over $2.1 billion in crypto at the end of May. The findings add a tax-enforcement factor to the country’s long-running digital asset policy debate, moving the issue beyond the central bank's financial-stability concerns and into questions on offshore trading and recoverable tax revenue. India was ranked first in Chainalysis' 2025 Global Crypto Adoption Index. Re... -
Cointelegraph.com - 13:30 Jul 08, 2026
Tokenized Real World Assets span treasuries, real estate, stocks, commodities and private credit. The sector is still small in TradFi terms but it's growing very, very fast. Standard Chartered head of digital assets research Geoff Kendrick predicted in a recent research note that assets in DeFi could reach $2.7 trillion by 2030. He said that, currently, only 3% of stablecoins and 10% of tokenized real-world assets (RWAs) are used in DeFi. However, he predicts this will rise to 30% by 2030. That would be a 37-fold increase from where they are now, but the growing tempo of tokenization gives Kendrick reason for an optimistic outlook. Read more -
Cointelegraph.com - 13:19 Jul 08, 2026
Kazakhstan targets gas-powered electricity for mining, income tax exemptions for regulated crypto transactions and cross-border stablecoin payments in a new decree signed by the president. Kazakhstan, one of the world’s largest Bitcoin mining hubs, is moving to expand its crypto sector as a new decree introduces rules for stablecoin payments, tax breaks for regulated crypto activity and new energy options for mining. Kazakhstan President Kassym-Jomart Tokayev has signed a decree aimed at building a regulated digital asset market, the Ministry of Artificial Intelligence and Digital Development (MAIDD) announced on Wednesday. Developed jointly by MAIDD, the central bank and the Astana International Financial Centre, the order is viewed as a tool to increase regulatory clarity for crypto businesses, investors and digital asset service providers. Read more -
Cointelegraph.com - 12:59 Jul 08, 2026
Analysis flagged a Bitcoin moving average derivative that last triggered at the end of the 2022 bear market as BTC price action returned to its reversal zone. Bitcoin (BTC) is seeing a “textbook” bear-market bottom as speculators take profits on the trip toward $65,000. Key points: Read more -
Cointelegraph.com - 12:01 Jul 08, 2026
Bitcoin-focused macroeconomist Lyn Alden said BTC must stand on its own as Strategy sold 3,588 BTC, while warning about leverage risks tied to STRC. Bitcoin is facing its weakest sentiment cycle yet, according to Lyn Alden, a Bitcoin-focused macroeconomist who said the asset must stand on its own as Strategy disclosed a $216 million Bitcoin sale earlier this week. “I don’t think there’s anything coming to save Bitcoin,” Alden said in a Tuesday interview with journalist and Bitcoin educator Natalie Brunell, saying the asset's long-term success must come from its own fundamentals rather than external catalysts. “The asset just has to survive on its own merits,” Alden said, pointing to Bitcoin’s underlying properties as a liquid, permissionless way to store and send value, instead of relying on a new source of demand. Read more
11109 items