Found 11109 news
The company announced a suite of DeFi products, plans for launching crypto trading in the UK and its public mainnet after months of testing. Stock and cryptocurrency trading platform Robinhood announced the launch of its public mainnet about four months after it began testing the network. On Wednesday, the company said Robinhood Chain, a layer 2 (L2) blockchain built on Arbitrum, had officially launched after the network went live on testnet in February. The blockchain, which the company described as “AI-native and purpose-built for real-world assets,” comes amid Robinhood's expansion of crypto- and decentralized finance-related services. According to Robinhood, it plans to launch crypto trading in the UK soon. The company also said that its tokenized stock products were live and available through its wallet app to users in more than 120 countries. CEO Vlad Tenev called tokenized stocks “inevitable” in January, arguing that offering the products could help prevent trading freezes that sometimes occur on tradi...
Franklin Templeton transferred a tokenized US Treasury to Virtu Financial in what Tradeweb said was the first real-time transaction settled against USDCx. Tradeweb, an institutional electronic trading platform, has executed an onchain transaction involving tokenized US Treasuries, with Franklin Templeton transferring a tokenized Treasury security to Virtu Financial in exchange for tokenized cash over the Canton Network. Tradeweb provided execution and price discovery, while the Canton Network synchronized settlement between the tokenized Treasury and tokenized cash. The companies said the trade settled in real time, but did not disclose its size. A Tradeweb spokesperson told Cointelegraph the deal marked the industry's first real-time purchase and sale of a tokenized US Treasury settled against USDCx, a USDC-backed stablecoin issued on Canton. Participants included Blockdaemon, Digital Asset, Societe Generale, Franklin Templeton, Tradeweb and Virtu Financial. Read more
Bitcoin found its footing after bulls took steps to reclaim the $60,000 level, but data casts doubt on whether it will flip back to support. Bitcoin (BTC) traded as high as $60,200 on Wednesday, up about 2.7% over the past 24 hours after falling to a 21-month low of $57,737 earlier in the session. Ether (ETH) and Solana (SOL) also gained, up 3% and 4.85%, respectively. The bounce took place amid deep investor caution, with sentiment trackers gauging the balance of fear and greed in crypto markets currently reading around 11 out of 100, in “Extreme Fear” territory. Despite the rebound from the yearly low, Bitcoin remains down roughly a third since the start of the year. Read more
Colorado’s Democratic and Republican primaries finished on Tuesday, with at least one candidate supported by $1 million from a crypto-aligned PAC going to the November general election. Manny Rutinel, a Democratic candidate running to represent Colorado’s 8th congressional district, has won his party’s primary and will head to the November election after being supported by a crypto-aligned political action committee (PAC). Early on Wednesday, Rutinel reported that he would be the Democratic nominee for Colorado’s 8th district, having won with 61.7% of the vote against Shannon Bird’s 33.6%. Before the primary, the You Can Push Back Super PAC, backed by $3.5 million from Ripple Labs co-founder Chris Larsen, reportedly spent $1 million on media to support Rutinel’s run. The Colorado Democrat has a “strongly supports crypto” rating from the Coinbase-affiliated Stand With Crypto organization, based on his answers to questions about stablecoins, market structure and regulatory clarity. Coinbase is also a major con...
Bitcoin bear-market bottom signs appear as the TD9 indicator mirrors the final stages of the 2022 BTC price downtrend. Bitcoin (BTC) has delivered a key trend change setup in the latest sign that the macro downtrend could soon reverse. Key points: Read more
Crypto ATMs are fast disappearing in the US as Tennessee’s ban goes into effect today while operators in Minnesota have until Aug. 1 to comply with a similar law. Cryptocurrency ATMs are fast disappearing from the American landscape as kiosk operators in two US states face bans and restrictions as new laws go into effect. Crypto ATM laws passed by Tennessee and Georgia went into effect on Wednesday, imposing a complete ban in the former and requiring transaction limits and reporting in the latter. The measures by the two states followed bans in Indiana, which went into effect in March, and Minnesota, set to enforce an ATM ban on Aug. 1. The Tennessee law, signed by Governor Bill Lee in April, bans the use and installation of cryptocurrency ATMs and kiosks, while the Georgia law requires that ATM operators cap money sent for new and existing users, issue warnings to customers and in some cases refund those who may have been the victims of fraud. Read more
The integration addresses one of the biggest obstacles keeping institutional capital on the sidelines of crypto markets: exchange counterparty risk. Anchorage Digital has integrated its off-exchange settlement platform with Binance, allowing institutional clients to trade on the exchange while keeping their crypto and cash in qualified custody at the federally chartered US crypto bank rather than depositing assets directly onto Binance. Under the arrangement, institutions can use crypto assets or US dollar deposits held with Anchorage as collateral to meet Binance's margin requirements without first transferring those assets onto the exchange. The companies said the model separates custody from trade execution, allowing assets to remain with an independent custodian until settlement. The service is initially available to select institutional clients and marks the first off-exchange settlement implementation for Anchorage Digital's Atlas platform, which the company said is designed to support institutional tra...
Bitcoin started July with a bang, rallying above $60,000 as traders predict a relief rally as the “base case” throughout the month. Bitcoin (BTC) rallied to $60,000 at Wednesday’s Wall Street open as stocks moved higher and US dollar strength fell. Key points: Read more
Backed by Joe Lubin, BitMine and SharpLink, the independent organization will serve as a liaison for financial institutions exploring Ethereum as competition for institutional capital heats up. An Ethereum founder and some of its biggest treasury holders are behind a new independent nonprofit launched to coordinate the blockchain's institutional outreach, underscoring the ecosystem’s push to attract more banks, asset managers and financial institutions as competition from rival blockchains intensifies. The nonprofit, Ethereum Institutional, was introduced on Wednesday with backing from Ether (ETH) treasury companies BitMine Immersion Technologies and SharpLink, as well as blockchain co-founder Joe Lubin and other contributors. It plans to expand beyond New York, London, Hong Kong and Singapore into additional financial hubs while offering education, standards development, industry research and institutional events. In a social media post announcing the launch, Ethereum Institutional said the ecosystem has lac...
Crédit Agricole’s CACEIS launches a euro-pegged stablecoin on Ethereum with 20.02 million tokens issued, targeting institutional flows and tokenized fund access. [Update July 1, 2:15 pm UTC: The article has been updated to add comments from CACEIS.] Crédit Agricole, Europe's third-largest bank by assets, has launched the EURO eXchange Token (EURXT), a euro-backed stablecoin issued through its asset servicing arm, Crédit Agricole Caisse d'Epargne Investor Services (CACEIS). CACEIS announced the launch on Wednesday, alongside the first subscription using EURXT into a tokenized Amundi Money Market Fund. Read more
The Bank of Korea’s governor praised tokenized government bonds for easing the issuance and management of government debt during a panel discussion at the ECB Forum. Hyun Song Shin, the governor of the Bank of Korea, praised tokenization for its ability to simplify the issuance and management of government bonds. Shin said during a Wednesday panel discussion at the European Central Bank (ECB) Forum on Central Banking in Sintra, Portugal, that tokenized bonds would make it easier to verify collateral, credit the asset provider's account and reverse transactions at the appropriate time. “The big prize is tokenizing government bonds,” Shin said, adding that it is “much easier, much less prone to mistakes if you have everything tokenized.” Read more
Bernstein said OUSD could become the strongest new challenger to the Circle-Tether duopoly, while flagging unresolved questions around governance, operations and revenue sharing. Circle CEO Jeremy Allaire argued that USDC's decade-long network of integrations, liquidity and regulatory infrastructure gives it a structural advantage over new stablecoin entrants, while challenging key elements of Open USD's proposed business model. In a Wednesday X post, Allaire described stablecoin networks as platform businesses driven by network effects, saying sustained investment in integrations, liquidity, regulatory approvals, banking relationships and reserve management creates competitive advantages that are difficult to replicate. He also questioned whether permanently offering free, unlimited minting and redemption would remain sustainable at scale and said returning nearly all reserve income to partners risks “starving an infrastructure.” Read more
A final wave of MiCA approvals expanded Europe's roster of licensed crypto firms as the transitional period came to a close. A slew of last-minute licenses were issued to cryptocurrency companies in Europe as Wednesday marked the end of the transitional period under the Markets in Crypto-Assets Regulation (MiCA). Four companies were authorized in Italy this week, including asset management platform Hodlie, crypto exchange Young Platform, trading platform CryptoSmart and crypto service provider Hercle, bringing Italy's total to eight authorized crypto asset service providers (CASPs), according to a Tuesday announcement from the Bank of Italy. The central bank said the country's financial regulator, Consob, approved the licenses in coordination with it. The French financial markets regulator, Autorité des marchés financiers (AMF), also added three new companies on Tuesday, including crypto investment platform Mereau Finance, blockchain infrastructure provider Iceblock and crypto service provider Aplo, bringing ...
Bitcoin and Ether open interest fell sharply after $8.35 billion in long liquidations, while ETF outflows, weaker Strategy purchases and declining market depth reduced liquidity. Cryptocurrency markets entered the third quarter of 2026 with less leverage but thinner liquidity after a wave of liquidations cleared speculative positions while major sources of demand weakened during the second quarter. According to a market update from institutional data provider Talos, Bitcoin (BTC) and Ether (ETH) long liquidations totaled $8.35 billion in Q2. The data provider pointed out that the deleveraging coincided with spot Bitcoin exchange-traded fund (ETF) outflows, reduced Bitcoin buying by Strategy and a contraction in stablecoin supply. While the reset left the market more stable heading into Q3, Talos said reduced order-book depth weakened its ability to absorb renewed selling pressure. This means the market could be less vulnerable to a chain reaction of forced selling, but prices may still swing sharply becaus...
US spot Bitcoin ETFs logged a record $4.5 billion in June outflows, pushing year-to-date totals to $5.5 billion, signaling an unprecedented pace of withdrawals. US-listed spot Bitcoin exchange-traded funds (ETFs) posted a record $4.5 billion in net outflows in June, more than three times the $1.25 billion Strategy is authorized to raise through its new Bitcoin monetization program. The record monthly withdrawals pushed US spot Bitcoin ETFs to roughly $5.5 billion in year-to-date net outflows for 2026, reducing cumulative net inflows since the funds launched to about $51.2 billion, according to SoSoValue data updated on Wednesday. BlackRock's iShares Bitcoin Trust (IBIT) accounted for about 79% of June's withdrawals, posting $3.55 billion in net outflows, according to Farside Investors. Read more
Former Goliath Ventures CEO Christopher Delgado pleaded guilty to fraud and money laundering and agreed to forfeit properties, vehicles, luxury goods and crypto wallets. Former Goliath Ventures CEO Christopher Alexander Delgado pleaded guilty to his role in a crypto investment scheme that prosecutors said raised at least $400 million from investors. On Tuesday, the US Department of Justice (DOJ) said Goliath promised investors monthly returns generated through digital asset liquidity pools between January 2023 and January 2026. Prosecutors said the funds were instead used to pay earlier investors, process withdrawals, fund luxury spending and finance business events. Read more
Taiwan’s legislative branch has passed the nation’s first crypto and stablecoin rules, which aim to integrate the country with the global crypto market. Taiwanese lawmakers on Tuesday passed a law to establish a regulatory framework for crypto, which includes licensing and rules for stablecoins. Taiwan's financial watchdog, the Financial Supervisory Commission (FSC), said that the Legislative Yuan passed the law requiring all virtual asset service providers, or VASPs, to get approval from the regulator to operate. The law also says stablecoins issued in Taiwan must get approval from the central bank and the FSC, and issuers must maintain sufficient reserves with a trustee and undergo regular audits. Read more
Claude Fable 5 will be redeployed with a new set of classifiers designed to identify and block a broader range of cybersecurity-related tasks. Artificial intelligence company Anthropic is set to restore public access to its most powerful AI models, Claude Fable 5 and Mythos 5, weeks after they were pulled offline under a directive from the US government. Anthropic’s two latest models have been restricted from public access since June 12, when the government applied export controls following a report in which researchers bypassed Fable 5’s safeguards, forcing Anthropic to pull all access to the models immediately. The government lifted those restrictions on Wednesday, stated Anthropic. “After a series of productive conversations with the US government, we’re redeploying the model with a new set of classifiers to target and block more cybersecurity tasks,” Anthropic said. Read more
Memecoin sales and royalties made the most money for Trump last year, more than all of his golf courses combined. US President Donald Trump’s cryptocurrency ventures generated more income for him in 2025 than his real estate and resort businesses, according to his latest financial disclosures. Donald Trump’s annual financial disclosure report was released by the US Office of Government Ethics on Tuesday, revealing more than $1.4 billion in income from crypto-related ventures last year. The filings show Trump has profited substantially from an industry that he’s simultaneously regulating, which critics say creates a conflict of interest. In 2025, his administration pushed pro-crypto policy, a friendlier regulatory environment and executive orders favorable to digital assets, while his family’s ventures generated vast income as crypto markets surged to an all-time high. Read more
Carl Rinsch will serve two and a half years in prison for taking money meant for a Netflix show to buy Dogecoin, stocks and luxury goods. Hollywood director Carl Rinsch has been sentenced to two and a half years in prison for defrauding Netflix out of $11 million, which he spent on crypto, stocks and luxury goods. A Manhattan federal court on Monday sentenced Rinsch, known for directing the 2013 film “47 Ronin,” starring Keanu Reeves, to 30 months in prison after he was convicted in December on charges including fraud and money laundering. “Rinsch orchestrated a scheme to steal millions by seeking $11 million from a subscription streaming service, falsely claiming that money would be used to finance a television show that he was creating,” Manhattan US Attorney Jay Clayton said in a statement Monday. Read more11109 items