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Crypto infrastructure provider Taurus said the new contract could increase practical adoption of stablecoins, especially among businesses with sensitive transfers. Digital asset infrastructure provider Taurus has deployed a private contract for stablecoins designed to offer untraceability and anonymity. Built on the Aztec Network, Taurus’ stablecoin contract combines zero-knowledge proofs with the compliance features of existing stablecoins, the company disclosed on Thursday. The new contract can increase adoption of stable assets for payrolls, intracompany payments and other sensitive transfers, it said. Taurus provides infrastructure for major firms entering the digital asset space, including a global partnership with Deutsche Bank in 2023 and a management solution deal with State Street in 2024. Read more
Judge Analisa Torres wrote that Ripple is still required to follow federal securities laws regardless of the SEC's regulatory pivot. A US district court denied a joint motion from the US Securities and Exchange Commission (SEC) and Ripple requesting an indicative ruling to reduce a $125 million civil penalty and reverse an order defining primary sales of XRP (XRP) to institutional investors as securities transactions under Article 5 of the Securities Act. An indicative ruling allows lower courts like the district court to issue orders for a case that is pending review in the higher appellate court system, subject to approval from the higher court. In a Thursday filing in the United States District Court for the Southern District of New York, Judge Analisa Torres wrote that the court would not undo the earlier rulings, including the $125 million penalty, which were consistent with federal securities laws passed by Congress. Torres argued: Read more
Created jointly with Flashblocks, World’s Priority Blockspace for Humans aims to ensure the best transaction speed for real humans. World Chain, a layer-2 (L2) blockchain linked to OpenAI CEO Sam Altman, has launched a new tool to prioritize real humans over bots to ensure transaction speed. Priority Blockspace for Humans (PBH), a new open source mechanism on the World Chain mainnet, marks World’s latest effort to build a blockchain designed for humans, according to an announcement shared with Cointelegraph on Thursday. The mechanism is implemented in World Chain’s block building logic that reserves a portion at the top of each block’s space for transactions sent from Orb-verified verified humans. Read more
The tokenized RWA market is now valued at $24 billion, dominated by private credit and US Treasury debt. Tokenized real-world assets (RWAs) have evolved from a niche concept to a mainstream use case of institutional finance, with private credit leading the charge as investors pursue programmable yields. That was one of the main takeaways from RedStone’s H1 2025 RWA Market Overview, co-authored by DeFi protocol Gauntlet and data platform RWA.xyz. Excluding stablecoins, the tokenized RWA market has grown by as much as 380% since 2022, reaching a combined $24 billion in value. Read more
Pickup in MVRV momentum, profitability and onchain activity could push BTC above the next big hurdle at $110,000 into price discovery. Key takeaways: Bitcoin’s weakening MVRV momentum could signal the start of the late stage of the bull cycle. Spot and onchain transfer volume must recover for BTC price to break out. Read more
As Bitcoin ETFs gain traction, some institutions are asking whether crypto can serve as a modern hedge. Can it really take the place of bonds? Bitcoin ETFs are investment vehicles that allow institutional and retail investors to gain exposure to Bitcoin without directly owning or managing the cryptocurrency. Since the US Securities and Exchange Commission approved spot Bitcoin ETFs in January 2024, the market has grown substantially. Read more
The explosion of new blockchains has fractured DeFi’s once-unified liquidity, threatening its core advantage of composability. Without infrastructure that seamlessly connects siloed markets, DeFi risks losing its revolutionary qualities. Opinion by: Hart Lambur, co-founder of Risk Labs. Decentralized finance, or DeFi, is built on composability, but composability is breaking. As new chains proliferate, liquidity fragments and incentives weaken. What was once a single shared environment has splintered into dozens of siloed markets. DeFi isn’t dead, but without the infrastructure that connects these environments, it may lose what made it powerful. Read more
The US GENIUS stablecoin act could open the door for a flood of Big Tech digital currencies. There are challenges though. The GENIUS Act will enable tech companies to issue stablecoins that functionally blur the boundary between public and private money. But Winston Ma, adjunct law professor at New York University, argues that private stablecoins cannot function as true currency without sovereign enforcement. Yuriy Brisov, a lawyer at Digital & Analogue Partners, contends that privately issued currencies can serve as legitimate alternatives to traditional monetary systems. To understand the legal implications of the GENIUS Act and how it fits into the global stablecoin landscape, Magazine spoke with Brisov in Europe, Ma in the US and Joshua Chu, co-chair of the Hong Kong Web3 Association. Read more
BTC price returns to retest recently reclaimed levels as Bitcoin analysis flags the 50-day moving average trendline as a "buying opportunity." Key points: Bitcoin order book liquidity remains a decisive force on low-timeframe BTC price action after a $108,000 grab. Whales show divergent behavior from smaller retail investors, choosing to up BTC exposure at current prices. Read more
Pi2Day 2025 brings key user-friendly upgrades, from a new KYC sync button solving verification roadblocks to expanded wallet access and enhanced security features. Every year on June 28, Pi Network celebrates Pi2Day, a kind of mid-year check-in that builds on the original Pi Day (March 14). It’s supposed to be a clever nod to math (3.14 → 6.28), but it’s also become a key moment for the Pi community. Since 2023, the core team has used the day to showcase progress and rally users behind major initiatives. Read more
British national Kai West, known online as “IntelBroker,” has been indicted for allegedly selling stolen data on BreachForums, causing over $25 million in damages. A British man accused of operating under the alias “IntelBroker” on cybercrime forums has been indicted for allegedly selling stolen data in a case that caused more than $25 million in damage. The US Southern District of New York Attorney’s Office announced Kai West’s indictment on Wednesday. West allegedly operated on online black markets under the IntelBroker pseudonym and caused in excess of $25 million in damage to victims. Former US Securities and Exchange Commission (SEC) Chair and attorney Jay Clayton was among the people responsible for unsealing the indictment. “This action reflects the FBI’s commitment to pursuing cybercriminals around the world,” he said. Read more
The EU’s joint stablecoin issuance with third countries has risks, but they are manageable under the MiCA framework, the European Commission said. The European Union’s main executive body has taken a soft approach toward stablecoins, contrasting with that of the European Central Bank (ECB) and sparking industry optimism. In response to ECB concerns on potential bank run risks stemming from stablecoin multi-issuance in Europe and third countries, the European Commission (EC) said such risks are “highly unlikely.” A spokesperson for the Commission told Cointelegraph, “Even in the highly unlikely event of a run on a jointly issued token, redemptions by foreign holders would primarily occur in jurisdictions like the US, where most tokens circulate and the bulk of reserves are held.” Read more
Pradeep Bhandari, spokesperson for India’s ruling BJP party, called for a Bitcoin reserve pilot and clarity on the country’s “taxed but unregulated” approach to crypto. The national spokesperson for India’s ruling party called on the country to consider launching a Bitcoin reserve pilot, saying that it would be a strategic step toward economic resilience. In an article for India Today, Bharatiya Janata Party (BJP) spokesperson Pradeep Bhandari said the US strategic Bitcoin (BTC) reserve and Bhutan’s state-led mining operations signal that global finance is shifting toward crypto. He added that India, with an expanding renewable energy infrastructure, is positioned to create a sovereign Bitcoin strategy. Read more
Billions Network has launched its mobile identity app for Android and iOS, offering AI-resistant, privacy-preserving verification using NFC-based document checks and zero-knowledge proofs. Blockchain-based identity layer Billions Network announced the launch of its identity mobile application for both Android and iOS devices. According to a Thursday statement shared with Cointelegraph, Billions Network’s identity system is AI-proof. The announcement follows Polish investor Borys Musielak’s April demonstration of how ChatGPT can generate photos of government-issued IDs likely to pass photo-based Know Your Customer (KYC) checks. “As AI continues to erode trust in traditional verification methods and digital interactions, this launch ensures people can safely and privately enjoy personalized digital experiences,” Evin McMullen, co-founder and CEO of Billions, said. Read more
Trump’s early Fed replacement plans rattled markets, accelerating dollar losses and sending DXY to its lowest level since April 2022. Key takeaways: Wall Street poured over $1 billion into Bitcoin ETFs this week amid rising bets on Fed rate cuts and a weakening US dollar. Trump’s early Fed replacement plans intensified dollar selloffs, pushing DXY to its lowest since April 2022. Read more
Knowing how to read a stablecoin attestation report isn’t just a skill; it’s your first line of defense when verifying what’s backing your stablecoins. Stablecoin attestation reports provide third-party verification that each token is backed by real-world assets like cash and US Treasurys. Attestation ≠ audit: Attestations are point-in-time checks, not deep financial audits, so users should still perform broader due diligence. Not all tokens are redeemable. Time-locked, test or frozen tokens are excluded from reserve calculations to reflect only actively circulating coins. Read more
The concept of integrating crypto wallets into chatbots for DeFi access and AI-driven trade execution is relatively new, industry observers say. Cryptocurrency wallets are set for a new integration with artificial intelligence chatbot functionality through an AI terminal launched by the decentralized finance and AI (DeFAI) layer, Edwin. Edwin, an AI interface layer for DeFi launched in early 2025, is publicly rolling out its AI terminal, which aims to make access to crypto and DeFi “as easy as chatting,” according to an announcement shared with Cointelegraph on Thursday. The terminal allows users to directly connect their browser wallets like Phantom or MetaMask to provide real-time wallet context and suggest or even execute DeFi trades. Read more
A flaw in ResupplyFi’s contract allowed an attacker to manipulate token prices and drain $9.6 million from its wstUSR market. Decentralized finance (DeFi) protocol Resupply confirmed a security breach in its wstUSR market, which led to about $9.6 million in crypto losses. Blockchain security firm Cyvers said on Thursday that the exploit was triggered by a price manipulation attack involving the protocol’s integration with a synthetic stablecoin called cvcrvUSD. Meir Dolev, Cyvers’ co-founder and chief technology officer, told Cointelegraph that the attacker exploited a price manipulation bug in the ResupplyPair contract. “By inflating the share price, they borrowed $10 million reUSD using minimal collateral,” Dolev said. Read more
Bitcoin price all-time highs spark a sea change among larger miners, who instead of taking profits are actively adding to their BTC reserves. Key points: Bitcoin miners are showing rare behavior as BTC price action hits repeat all-time highs in 2025. Large miners are adding to their reserves, while the oldest participants have slashed sales compared to 2024. Read more
Galaxy Digital raises $175 million for its first externally backed venture fund, targeting early-stage crypto startups. Galaxy Digital has closed a $175 million venture fund, its first with outside capital, as the company ramps up plans to invest in early-stage crypto startups. The fund, which exceeded its $150 million target, marks the first time Galaxy has accepted outside capital. Until now, the company had relied solely on its own balance sheet for venture investments, according to a Thursday press release. The fund targets high-growth sectors such as stablecoins, tokenization, and payments, as well as the software layers that support them. Read more5759 items