Cointelegraph.com
Source:
https://cointelegraph.com
Found 7306 news
-
Cointelegraph.com - 08:50 Aug 18, 2025
Ether continued dominating ETP inflows last week despite Bitcoin printing new highs above $124,000 and ETH only nearing all-time highs. Cryptocurrency investment products saw another week of strong inflows last week, largely driven by Ether exchange-traded products (ETPs). Global crypto ETPs posted $3.75 billion of inflows during the trading week ending Friday, European crypto asset manager CoinShares reported on Monday. The inflows came amid strong bullish momentum for Ether (ETH), with prices nearing all-time high levels above $4,700 on Thursday, according to CoinGecko data. Read more -
Cointelegraph.com - 01:49 Aug 18, 2025
Charles O. Parks III, who admitted to misusing $3.5 million worth of resources from two cloud computing providers to mine crypto, was sentenced to one year and one day in prison. A crypto influencer has been sentenced to just over a year in prison for what US prosecutors called a large-scale cryptojacking operation that defrauded two major cloud computing providers. The Department of Justice (DOJ) said on Friday that a Brooklyn federal court sentenced Charles O. Parks III, who also went by “CP3O,” to one year and one day in prison for the scheme that defrauded the computing providers of more than $3.5 million in resources. Parks used fake corporate identities such as “MultiMillionaire LLC” and “CP3O LLC” to trick two unnamed cloud providers into granting him elevated computing privileges, which he exploited to mine nearly $1 million worth of Ether (ETH), Litecoin (LTC), and Monero (XMR) between January and August 2021, prosecutors said. Read more -
Cointelegraph.com - 22:46 Aug 17, 2025
Central bank stimulus in China and global investors’ response to recession fears will determine if altseason continues. Key takeaways: China’s central bank stimulus could redirect liquidity into cryptocurrencies. Rising US Treasury yields suggest lower risk aversion, supporting potential recovery in altcoin markets. Read more -
Cointelegraph.com - 21:48 Aug 17, 2025
The community for Qubic, an AI-focused blockchain project, voted to target the Dogecoin network over Zcash and Kaspa by a wide margin. The community for Qubic, the AI-focused blockchain project that executed a 51% attack on Monero this week and gained majority control of the network’s computing power, has voted to target Dogecoin (DOGE) next. Sergey Ivancheglo, the founder of the Qubic network, asked the Qubic community which application-specific integrated circuit (ASIC)-enabled, proof-of-work blockchain the group should target with its next 51% attack, including DOGE, Kaspa (KAS), and Zcash (ZEC). “The Qubic community has chosen Dogecoin,” Ivancheglo, who goes by the online handle Come-from-Beyond, wrote in a Sunday X post announcing the results of the vote. Read more -
Cointelegraph.com - 19:36 Aug 17, 2025
Saylor signaled an impending Bitcoin purchase by Strategy, as BTC's price hovers around the $117,000 level, down from the all-time high. Strategy co-founder Michael Saylor signaled an impending Bitcoin (BTC) purchase by the company, as the price of Bitcoin hovered below the all-time high of over $124,000 reached on Thursday. The company’s most recent Bitcoin acquisition occurred on Monday, when Strategy purchased 155 BTC for $18 million, bringing its total holdings to 628,946 BTC, valued at over $74.2 billion. Data from SaylorTracker shows the company is up over 60% on its BTC investment, representing over $28 billion in unrealized gains. Read more -
Cointelegraph.com - 17:14 Aug 17, 2025
Bitcoin is almost overdue for another "price discovery correction" after six weeks of gains — will BTC price action copy history? Key points: Bitcoin has enjoyed six weeks of its latest “price discovery uptrend” — but a correction is now due. Analysis shows that in previous halving cycles, BTC price tends to halt its second uptrend after five to seven weeks. Read more -
Cointelegraph.com - 17:05 Aug 17, 2025
The proposal included geographically distributed multi-signature cold-storage for secure self-custody, proof of reserves, and a budget cap. The United States government can purchase more Bitcoin (BTC) for the US strategic reserve through funneling portions of the tariff receipt surplus into BTC acquisitions, according to Adam Livingston, author of “The Bitcoin Age and The Great Harvest.” Livingston proposed taking a portion of the surpluses generated by trade tariffs every month and funneling that into secure, cold storage BTC that is not traded, staked, sold, rehypothecated, used to fund programs or secure loans, or lent out for yield. He said: That Surplus is unallocated. It's not pre-spent. It's not tied to Medicare, entitlements, or debt service. It's just floating, waiting, looking for a productive use case, ” Livingston continued. Read more -
Cointelegraph.com - 13:58 Aug 17, 2025
XRP price could drop by over 20% in the coming weeks due to multiple onchain indicators hinting at a local top formation. Key takeaways: XRP’s rally to $3 has pushed 94% of supply into profit, a level that historically marked macro tops. XRP is in the “belief–denial” zone, onchain metrics show, echoing peaks in 2017 and 2021. Read more -
Cointelegraph.com - 13:32 Aug 17, 2025
Japan’s FSA is set to approve JPYC as the country’s first yen-pegged stablecoin, a move that could reshape demand for Japanese government bonds. Japan’s Financial Services Agency (FSA) is preparing to approve the issuance of yen-denominated stablecoins as early as this fall, marking the first time the country will allow a domestic fiat-pegged digital currency. Tokyo-based fintech firm JPYC will register as a money transfer business within the month and will lead the rollout, Japanese news outlet The Nihon Keizai Shimbun reported on Sunday. JPYC is designed to maintain a fixed value of 1 JPY = 1 yen, backed by highly liquid assets such as bank deposits and Japanese government bonds. After purchase applications from individuals or corporations, the tokens are issued via bank transfer to digital wallets. Read more -
Cointelegraph.com - 13:30 Aug 17, 2025
While crypto chases AI token hype, smart money invests in compute infrastructure. Like the gold rush, those who own the rails — not the miners — get rich. Opinion by: Kony, co-founder and CEO of GAIB During the gold rush, it wasn’t the fortune-seekers getting rich. While it was assumed that you could take your picks and shovels and become wealthy overnight, it was grueling work with no guaranteed returns. Those who benefited were the infrastructure providers. The landowners, the pick and shovel sellers and the transportation suppliers saw a real return on investment, while the rest searched day and night for gold they never found. This still rings true today. Those who invest in “boom” infrastructure gain more than those chasing the hype. In Q1 of this year, AI tokens dominated crypto narratives, holding 37.5% of global investor interest in Q1. Degens started jumping in, hoping that the next one would 10x and launch them into early retirement. Read more -
Cointelegraph.com - 11:11 Aug 17, 2025
Centrifuge joins BlackRock’s BUIDL and Ondo Finance in the $1 billion RWA club as demand grows for tokenized products. Blockchain infrastructure platform Centrifuge has crossed $1 billion in total value locked (TVL), joining the ranks of BlackRock’s BUIDL fund and Ondo Finance as the only real-world asset (RWA) platforms to surpass the milestone. Centrifuge CEO Bhaji Illuminati attributed the milestone to institutions moving from pilots to “real deployments,” alongside strong onchain allocator demand. “Markets need more than T-bills,” Illuminati told Cointelegraph, pointing to JAAA, an onchain version of Janus Henderson’s AAA-rated collateralized loan obligation (CLO) investment fund, as a natural next step for institutions seeking higher yields than risk-free rates. Read more -
Cointelegraph.com - 07:43 Aug 17, 2025
The Treasury is considering embedding digital identity checks into DeFi smart contracts as part of its GENIUS Act consultation on crypto compliance tools. The US Department of the Treasury is seeking public feedback on how digital identity tools and other emerging technologies could be used to fight illicit finance in crypto markets, with one option being embedding identity checks into decentralized finance (DeFi) smart contracts. The consultation, published this week, stems from the newly enacted Guiding and Establishing National Innovation for US Stablecoins Act (GENIUS Act), signed into law in July. The Act, which sets out a regulatory framework for payment stablecoin issuers, directs the Treasury to explore new compliance technologies, including application programming interfaces (APIs), artificial intelligence, digital identity verification and blockchain monitoring. Read more -
Cointelegraph.com - 06:07 Aug 17, 2025
Canary Capital CEO Steven McClurg’s bear market warning comes as other industry executives don’t expect a sharper downturn for Bitcoin anytime soon. Bitcoin may have no more than 27% upside left in this cycle before entering a downtrend, according to Canary Capital CEO Steven McClurg. “I think there is a greater than 50% chance Bitcoin goes to the 140 to 150 range this year before we see another bear market next year,” McClurg said during a CNBC interview on Friday. At the time of publication, Bitcoin (BTC) is trading at $117,867, meaning a move into that range would represent gains of 19% to 27%, according to CoinMarketCap. McClurg warned of a broader economic bear market ahead, saying he isn’t confident in the macroeconomic outlook. Read more -
Cointelegraph.com - 03:52 Aug 17, 2025
Galaxy Digital CEO Mike Novogratz’s comments come the same week Bitcoin surged to new all-time highs of $124,128. Galaxy Digital CEO Mike Novogratz says a million-dollar Bitcoin next year wouldn’t be a victory but rather a sign that the US economy is in serious trouble. “People who cheer for the million-dollar Bitcoin price next year, I was like, Guys, it only gets there if we’re in such a shitty place domestically,” Novogratz told Natalie Brunell on the Coin Stories podcast on Wednesday. “I’d rather have a lower Bitcoin price in a more stable United States than the opposite,” Novogratz said, explaining that severe currency devaluations often come at the expense of civil society. Read more -
Cointelegraph.com - 23:45 Aug 16, 2025
Ether eyes $6,000 as exchange supply falls; Justin Sun sues Bloomberg, seeks temporary restraining order: Hodler’s Digest Justin Sun, founder of the Tron blockchain, has sued Bloomberg and sought a temporary restraining order, alleging it published false and private financial information in its billionaires list. Suns representatives said on Tuesday in a blog post by Tron that his profile on the Bloomberg Billionaires Index released on Monday had published inaccurate data that dramatically and dangerously misrepresents Mr. Suns assets. Sun sued Bloomberg in a Delaware federal court on Monday, asking a judge to stop it from publishing the information, claiming the action was to prevent the outlet from recklessly and improperly disclosing his highly confidential, sensitive, private, and proprietary financial information. Read more -
Cointelegraph.com - 23:45 Aug 16, 2025
Ether eyes $6,000 as exchange supply falls; Justin Sun sues Bloomberg, seeks temporary restraining order: Hodler’s Digest SharpLink Gaming, an online gaming company with the second-largest corporate Ether treasury, announced a net loss of $103 million for the second quarter of 2025, driven by a paper loss from accounting for liquid staked Ether (LsETH). The loss marks a steep drop from a $500,000 loss in the same period of 2024 a year-over-year change of -25,980%. According to a Friday announcement, SharpLink now holds 728,804 Ether worth approximately $3.5 billion at this writing. The only publicly traded company with more ETH is BitMine Immersion Technologies, which holds a little more than 1.15 million ETH worth approximately $5.1 billion. Of SharpLinks Q2 loss, $87.8 million or 85% is related to the companys LsETH. A SharpLink representative told Cointelegraph that the company still has all its LsETH and that the impairment reflects accounting rules, not a sale or loss of ETH. Read more -
Cointelegraph.com - 23:13 Aug 16, 2025
Withdrawals and trading for Monero (XMR) on the Kraken exchange remain open, and deposits will resume once it is safe, the exchange said. Crypto exchange Kraken has temporarily paused Monero (XMR) deposits due to the ongoing 51% attack against the privacy-focused blockchain, which has compromised the security of the network. A 51% attack occurs when one mining pool controls more than 50% of a blockchain network’s total hashing power, giving it the ability to double-spend and reorder transactions on the ledger. The Kraken exchange wrote on Friday: Qubic, a layer-1 AI-focused blockchain and mining pool, claimed it controlled the majority of Monero’s hashrate on Monday and reorganized six blocks, prompting denials of the attack from the Monero community. Read more -
Cointelegraph.com - 21:37 Aug 16, 2025
The current capital reserve requirements and rules make holding cryptocurrencies too costly for banks, limiting the sector's growth. Capital requirements for banks from by the Basel Committee on Banking Supervision (BCBS), which crafts banking standards, create a “chokepoint,” designed to throttle the growth of the crypto industry, according to Chris Perkins, president of investment firm CoinFund. The current capital rules lower a bank’s return on equity (ROE), a critical profitability metric in banking, by forcing higher reserve requirements for holding crypto, making crypto-related activities too expensive for banks, Perkins told Cointelegraph. “It's a different type of chokepoint, in that it's not direct. It's a very nuanced way of suppressing activity by making it so expensive for the bank to do activities that they’re just like, ‘I can't,’” he added. If I have a certain amount of capital I want to invest, I'm going to invest it in high ROE businesses, not low ROE businesses,” he continued. Read more -
Cointelegraph.com - 18:11 Aug 16, 2025
The crypto industry is set to experience massive growth in the United Arab Emirates (UAE) due to its pro-tech and business regulations. The crypto sector in the United Arab Emirates (UAE) is on track to become its second-largest industry in the next five years, due to the country’s regulatory policies and attractive business environment, according to Chase Ergen, a board member of publicly traded digital asset investment firm DeFi Technologies. “They have a reputation for leadership, legislation, and community,” Ergen told Cointelegraph in an interview. He also predicted: The country has a clear crypto regulatory framework, a community of key crypto industry executives, a debt-free economy that allows the government to funnel surplus into tech investments, low crime, attractive tax policies, and forward-thinking leadership, Ergen added. Read more -
Cointelegraph.com - 13:30 Aug 16, 2025
Without localized risk detection and public–private cooperation, illicit capital will continue to flow unchecked, and trust in the system will collapse. Opinion by: Slava Demchuk, co-founder and CEO of AMLBot Asia’s cryptoverse has lost more than 1.5 billion in the first half of 2025 — more than during 2024, including Bybit and pig butchering scams in Southeast Asia. Most engines are built around typologies of Western money laundering. They miss custom laundering channels tailored to each region, which are popping up across Asia. Blockchain analytics firms must build customized regional risk libraries and collaborate with local law enforcement to combat the level and caliber of cryptocurrency-enabled crime in Asia. Failure to address this means criminal funds will still be able to lurk in plain sight and subvert the very integrity of global compliance systems. Read more
7306 items