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  • Turkish authorities block PancakeSwap in crackdown on crypto websites
    Cointelegraph.com - 18:18 Jul 04, 2025
    The decentralized exchange was one of 46 websites Turkey's financial regulator said would be blocked for residents. Turkey’s Capital Markets Board, the country’s financial regulator, announced it had blocked access to websites “providing unauthorized crypto asset services.” In a Thursday notice, the Capital Markets Board said it had taken legal action against 46 websites, including decentralized exchange PancakeSwap and Cryptoradar, in a crackdown on crypto services offered to residents of Turkey. The regulator cited the country’s Capital Markets Law as its authority to block the websites. PancakeSwap reported more than $325 billion in trading volume for June, making it one of the most significant decentralized exchanges alongside Uniswap and Curve. It’s unclear how Turkish authorities determined the platform had been offering “unauthorized” services. Read more
  • US Senator Lummis’s crypto tax relief plan fuels DeFi momentum: Finance Redefined
    Cointelegraph.com - 18:00 Jul 04, 2025
    Increasing US regulatory clarity is enabling more traditional finance participants to seek out decentralized financial solutions. US Senator Cynthia Lummis submitted a draft bill on Thursday proposing to exempt certain crypto transactions from taxation and defer taxes on mining and staking rewards until the underlying tokens are sold. “My legislation ensures Americans can participate in the digital economy without inadvertent tax violations,”  said Lummis. The senator’s draft bill was published three weeks after the Guiding and Establishing National Innovation for US Stablecoins, or GENIUS Act, passed the Senate in a 68–30 vote on June 11, Cointelegraph reported.  Read more
  • Ethereum’s comeback strategy — Foundation exec reveals what’s next
    Cointelegraph.com - 17:33 Jul 04, 2025
    In an exclusive interview with Cointelegraph, Ethereum Foundation Co-Executive Director Tomasz Stanczak shares rare insights on Ethereum’s future and challenges. As Ethereum marks its 10th anniversary, the platform finds itself at a critical point in its journey. In an exclusive interview with Cointelegraph, Tomasz Stanczak, co-executive director of the Ethereum Foundation, discusses the shifting landscape of blockchain technology — and what’s next for Ethereum. During the interview, Stanczak addresses the growing competition from newer blockchains such as Solana, Aptos and others. While critics argue that Ethereum is lagging behind in terms of speed and user experience, Stanczak makes clear that the foundation has been focused on long-term priorities and careful progress, even amid outside noise. He also shares his perspective on Ethereum’s evolving ecosystem, particularly the increasingly important relationship between layer-1 and layer-2 solutions. According to Stanczak, the focus is now on interoperabilit...
    Tags: Ethereum
  • World Liberty Financial publishes proposal to make token transferable
    Cointelegraph.com - 17:27 Jul 04, 2025
    The community proposal aims to transition the protocol from closed governance to a more open, decentralized finance-oriented model. World Liberty Financial (WLFI), a decentralized finance protocol co-founded by US President Donald Trump's family, initiated a community proposal to make the WLFI governance token transferable and tradable across the crypto ecosystem. The proposal is part of the project's roadmap to transition to an "open participation" model by allowing the token to trade on secondary markets, including decentralized exchanges and peer-to-peer networks. Currently, the WLFI token exists in a closed system and cannot trade outside the platform, limiting the governance pool and price discovery. Read more
  • DOGE double-bottom pattern hints at price rebound to $0.25
    Cointelegraph.com - 16:12 Jul 04, 2025
    A bullish pattern on the DOGE chart points to a potential price recovery to $0.25. Key takeaways: DOGE formed a double bottom and broke through the lower time frame trendline, signaling a possible move to $0.25. Memecoins have been the best-performing narrative sector over the past 90 days. Read more
    Tags: DOGE
  • Ondo Finance acquires SEC-registered broker-dealer, eyes tokenized securities
    Cointelegraph.com - 16:04 Jul 04, 2025
    Ondo has acquired Oasis Pro, a FINRA member and SEC-registered broker-dealer. DeFi protocol Ondo Finance has completed the acquisition of Oasis Pro, an infrastructure provider for real-world assets (RWAs), in a move the company said would strengthen its tokenized security offerings in the United States.  Oasis Pro is a broker-dealer, Alternative Trading System (ATS) and Transfer Agent (TA) registered with the US Securities and Exchange Commission (SEC). The acquisition gives Ondo Finance a key foothold in the regulated tokenized securities market, the company said in a statement on Friday. Ondo Finance declined to disclose the financial terms of the deal but confirmed that Oasis Pro CEO Pat LaVecchia will join Ondo as part of the acquisition. Read more
  • Can ChatGPT predict Bitcoin’s next move?
    Cointelegraph.com - 15:50 Jul 04, 2025
    While it’s not built for real-time calls, ChatGPT can still support smarter Bitcoin trading decisions when paired with the right data and well-crafted prompts. ChatGPT is a generative AI model developed by OpenAI, built on the GPT‑4 architecture. It’s designed to generate human-like responses across a wide range of topics, using knowledge drawn from an enormous training set of text, books, code and online content. When it comes to cryptocurrency, ChatGPT doesn’t have real-time access to Bitcoin (BTC) price feeds or live market charts, but that doesn’t mean it’s useless for traders. With the right inputs — historical price data, sentiment indicators and technical metrics — ChatGPT becomes a powerful analytical tool.  Read more
    Tags: Bitcoin
  • Bitcoin loses $108K as 14-year-old BTC sparks Satoshi rumors
    Cointelegraph.com - 15:02 Jul 04, 2025
    Bitcoin is the subject of rumors as wallets holding 80,000 BTC suddenly reactivate after a 14-year hiatus. Key points: Bitcoin price losses near 2% on the day as 14-year-old coins suddenly move onchain. Explanations include an unsubstantiated claim linking the BTC wallets involved to creator Satoshi Nakamoto. Read more
    Tags: Bitcoin
  • Unified liquidity enables the first permissionless long-tail leverage market
    Cointelegraph.com - 15:00 Jul 04, 2025
    Unified liquidity breaks DeFi’s oracle dependency, enabling truly permissionless leverage and shorting for long-tail tokens, and ushering in a scalable, composable and censorship-resistant financial market. Opinion by: Sky, founder at LIKWID In the last wave of decentralized finance (DeFi) innovation, a generation of engineers funded by venture capital worked tirelessly to design “permissionless” lending protocols. Many projects made notable strides, yet their core structure was centuries old — the collateralized loan model. Like the Sumerians once pledged livestock for silver, modern DeFi still relies heavily on oracles to feed offchain prices into lending systems — a single point of failure disguised as neutrality. Read more
    Tags: Unified
  • How a $123M crypto scam in Australia laundered millions through a ‘legit’ business
    Cointelegraph.com - 14:35 Jul 04, 2025
    Australian authorities busted a $123-million crypto fraud. The scheme used seemingly legit businesses for crypto money laundering. Australian authorities exposed a crypto crime organization that allegedly laundered $123 million. Four suspects are charged in connection with the scheme. The discovery is the outcome of an 18-month crypto investigation by Australian authorities. Members of the Australian Federal Police, Queensland Police Service and Australian Criminal Intelligence Commission, along with many other agencies, joined forces to investigate suspicious transactions back in December 2023. Read more
  • FTX estate asks court to freeze payouts in ‘restricted’ countries
    Cointelegraph.com - 14:25 Jul 04, 2025
    FTX’s bankruptcy estate is uncertain whether it is legally entitled to distribute payouts to creditors in countries such as China amid local crypto restrictions. FTX’s bankruptcy estate has raised concerns over payouts to creditors in countries with ambiguous or restrictive cryptocurrency regulations. On Wednesday, the FTX estate filed a motion with the US Bankruptcy Court for the District of Delaware, seeking authorization for the FTX Recovery Trust to freeze distributions to creditors in “potentially restricted foreign jurisdictions.” The jurisdictions — 49 countries in total — have unclear or restrictive crypto laws, potentially posing risks due to complex cross-border legal implications. Read more
  • Binance taps ex-Gemini exec Gillian Lynch to reboot Europe push
    Cointelegraph.com - 14:13 Jul 04, 2025
    Binance names Gillian Lynch as head of Europe and UK to lead its MiCA compliance and expansion across regulated crypto markets. Binance, the world’s largest cryptocurrency exchange, has appointed Gillian Lynch as its new head of Europe and the United Kingdom, signaling a renewed push to secure regulatory approval across the region. Lynch brings more than 20 years of leadership experience in fintech, banking and digital assets. She previously held senior roles at Gemini, Bank of Ireland and Leveris. The appointment, announced Friday, comes as Binance faces increasing scrutiny in Europe and seeks to align with the European Union’s Markets in Crypto-Assets Regulation (MiCA). Lynch will oversee Binance’s regional strategy, day-to-day operations and regulatory engagements across key European and UK markets. Read more
  • Solana bot scam on GitHub steals crypto from users
    Cointelegraph.com - 14:10 Jul 04, 2025
    A fake GitHub repository posing as a Solana trading bot was used to distribute obscured malware that stole crypto wallet credentials, according to cybersecurity firm SlowMist. A GitHub repository posing as a legitimate Solana trading bot has been exposed for reportedly hiding crypto-stealing malware. According to a Friday report by blockchain security firm SlowMist, the now-deleted solana-pumpfun-bot repository hosted by account “zldp2002” mimicked a real open-source tool to harvest user credentials. SlowMist reportedly launched the investigation after a user found that their funds had been stolen on Thursday. The malicious GitHub repository in question featured “a relatively high number of stars and forks,” SlowMist said. All code commits across all its directories were made about three weeks ago, with apparent irregularities and a lack of consistent pattern that, according to SlowMist, would indicate a legitimate project. Read more
  • Who’s winning the West’s crypto regulation race?
    Cointelegraph.com - 13:30 Jul 04, 2025
    In the latest episode of Byte-Sized Insight we explore the evolving crypto regulatory strategies of the US, EU and UK with insights from Gemini’s head of Europe. While the European Union and United Kingdom push forward with cautious crypto frameworks, the United States is suddenly emerging as a front-runner in global digital asset policy thanks to a blitz of legislation, political momentum and massive ETF inflows. In the latest episode of Byte-Sized Insight, Cointelegraph head of podcasts Savannah Fortis is joined by Mark Jennings, head of Europe at Gemini, to break down how the US, EU and UK are approaching crypto regulation and what it means for innovation, adoption and investment across the West. “We’ve seen the administration push legislation very quickly as it’s come in this year,” said Jennings. “It became a topic of conversation during the presidential election, and I think it highlights the importance of crypto globally, that it becomes a talking point at that level.” Read more
    Tags: West
  • Bitcoin to benefit from Trump’s ‘Big Beautiful Bill,’ analysts predict
    Cointelegraph.com - 13:15 Jul 04, 2025
    Congress passed the Big Beautiful Bill, Trump’s budget proposal, which could benefit Bitcoin, analysts say. On July 3, the US Congress passed into law the One Big Beautiful Bill Act. President Donald Trump’s bill offers little to the crypto industry, but it could benefit Bitcoin all the same. Trump’s budget proposal passed in the late hours of July 3 entirely along partisan lines; only two Republicans voted against the controversial bill, which will significantly increase the US government’s borrowing ability. It has drawn significant criticism from Democrats and even from current and former Trump allies like Tesla CEO Elon Musk.  Notably absent from the bill were proposed amendments to the cryptocurrency tax code. As the bill worked through the Senate, lawmakers attempted to tack on a number of provisions regarding crypto, but to no avail. Read more
  • Multibillion-dollar HODL: Bitcoin whales awaken after 14 years
    Cointelegraph.com - 12:33 Jul 04, 2025
    Bitcoin whales awoke after 14 years of dormancy, having held their BTC since it was trading below $0.78 a coin in 2011. Bitcoin whales have reawakened after 14 years of patiently holding the world’s first and largest cryptocurrency, transferring billions of dollars in value. A Bitcoin wallet “12tLs” transferred 10,000 Bitcoin (BTC) worth over $1 billion after 14 years of holding the assets on Thursday. The mysterious whale initially received the 10,000 BTC on April 3, 2011, when Bitcoin traded for about $0.78 a coin, according to blockchain data shared by Lookonchain in a Friday X post. Read more
    Tags: Bitcoin
  • Bitcoin's third flop at $110K puts bulls at risk: BTC price levels to watch
    Cointelegraph.com - 11:15 Jul 04, 2025
    Bitcoin price rally stalls at $110,000 after strong US employment data, with big overhead resistance at $112,000 and several key support levels below. Key takeaways: Bitcoin’s multiple rejections from $110,000 signal the bulls’ inability to sustain higher prices. BTC price may drop as low as $105,000 in the short term if key levels are lost. Read more
    Tags: Bitcoin
  • Phoenix FIRE investors allege exit scam; owner moves to dismiss case
    Cointelegraph.com - 10:56 Jul 04, 2025
    Daniel Ianello has asked a Tennessee court to dismiss a lawsuit accusing him of orchestrating an exit scam after taking over a crypto project. Daniel Ianello, a man accused of orchestrating an exit scam involving a crypto project known as The Phoenix, has filed a motion to dismiss a lawsuit brought against him in a Tennessee federal court. According to the complaint, Ianello took over Phoenix Community Capital in October 2022 and allegedly executed an exit scam. After taking control of The Phoenix’s (FIRE) assets, he allegedly shut down its smart contracts. Plaintiffs claim he then “moved hundreds of thousands of dollars in investor money, began deleting posts on Discord […] deleted earlier versions of Phoenix’s website, and announced the ‘smart contracts’ would not be restored.” Read more
  • Bitcoin price can hit $150K in weeks thanks to Trump’s ‘Big Beautiful Bill’
    Cointelegraph.com - 09:58 Jul 04, 2025
    Bitcoin has historically posted double-digit gains in the weeks following the passage of major US debt-expanding bills. Will 2025 follow the same pattern? Key points: Bitcoin gained 38% when US President Trump signed a major spending bill in late 2020. Doing so again would put BTC/USD at $150,000 as Trump prepares to sign his “Big Beautiful Bill” into law. Read more
  • Belgian court sentences three in kidnapping of crypto investor’s wife
    Cointelegraph.com - 09:39 Jul 04, 2025
    After sentencing the three kidnappers to 12 years each and ordering civil damages, the court noted that the masterminds behind the attack remain at large. A Belgian court has sentenced three people for their roles in a cryptocurrency-related kidnapping targeting the wife of local crypto entrepreneur Stéphane Winkel. The Brussels Criminal Court handed down 12-year prison sentences to three kidnappers who attacked Winkel’s wife in December 2024, local news agency La Dernière Heure reported on Thursday. The criminals were convicted of hostage-taking after abducting the victim outside her home, forcing her into a van and demanding a ransom in cryptocurrency. Read more
    Tags: Belgian

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