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Found 7335 news

  • CoinDesk owner Bullish eyes $4.2B valuation in IPO backed by BlackRock, ARK
    Cointelegraph.com - 16:03 Aug 04, 2025
    The digital exchange operator and media company is eyeing an initial public offering of between $28 and $31 per share, regulatory filings show. Cryptocurrency exchange operator and media company Bullish plans to raise between $568 million and $629 million in a US initial public offering (IPO), having already drawn interest from major institutional investors. Just weeks after its initial IPO submission, Bullish submitted an updated F-1 document with the US Securities and Exchange Commission (SEC), outlining plans to issue 20.3 million shares, potentially valuing the company at up to $4.2 billion. If the IPO is approved, Bullish shares could begin trading as early as Aug. 12. Read more
    Tags: Bullish
  • Ether unlikely to break $3,800 without stronger institutional demand
    Cointelegraph.com - 15:56 Aug 04, 2025
    Ether faces weak institutional demand and lacks catalysts, keeping ETH price tied to broader altcoin trends and economic uncertainty. Key takeaways: Ether’s futures and options data signal neutral‑to‑bearish sentiment despite recent price recovery. Institutional ETF outflows and a lack of catalysts keep ETH from breaking $3,800. Read more
    Tags: Ether
  • Why a hacker-turned-CEO believes quantum tech could break Bitcoin
    Cointelegraph.com - 15:40 Aug 04, 2025
    A cybersecurity expert warns that quantum computing could silently break Bitcoin, stockpiling encrypted data today to crack it in the future. Quantum computers could quietly break Bitcoin, and a former hacker says the countdown has already begun. David Carvalho, a one‑time teenage spam hacker turned CEO of cybersecurity firm Naoris Protocol, warns that the blockchain’s cryptographic defenses may not withstand the coming wave of quantum computing and AI‑driven breakthroughs.  Read more
    Tags: Bitcoin
  • DeFi will become the default financial interface
    Cointelegraph.com - 15:00 Aug 04, 2025
    DeFi promised to rebuild the financial system from the ground up. Moving from early experiments to everyday utility demands an upgrade. Opinion by: Vikram Arun, co-founder and CEO of Superform DeFi already moves billions of dollars daily, lets anyone create new assets in minutes and rewards users with yields that banks can’t match. Using one app to find opportunities, another to bridge, a third to swap, a fourth to deposit and yet another to track your position — all while juggling wallets, chains and gas settings — doesn’t feel like a financial revolution. It’s more like a flight simulator where most pilots crash on the runway. That complexity must disappear if crypto upgrades global finance and surpasses the earliest risk-takers. But the answer isn’t just another protocol. It’s a re-architecture of how DeFi is built and used. One that pairs ownerless, composable infrastructure with productized, intuitive interfaces. Read more
    Tags: DeFi
  • Bought the $112K dip? 5 signs Bitcoin's bull run is about to return
    Cointelegraph.com - 14:46 Aug 04, 2025
    A Power of 3 pattern suggests a $126,000 target for Bitcoin after a leverage reset, but BTC price must first flip its immediate resistance level into new support. Key Takeaways: Bitcoin’s Power of 3 pattern shows accumulation, manipulation and a possible distribution phase targeting $126,000. A $922 million liquidation event caused a major reset in leveraged positions, increasing the chances of a market recovery.  Read more
    Tags: Bitcoin
  • $27 million gone, no private keys exposed: How the BigONE hack happened
    Cointelegraph.com - 14:10 Aug 04, 2025
    A sophisticated supply chain attack on Seychelles-based crypto exchange BigONE led to a $27 million theft from hot wallets, without exposing private keys. The Seychelles-based cryptocurrency exchange BigONE confirmed that on July 16, 2025, it suffered a crypto supply chain attack that allowed cybercriminals to drain $27 million from the exchange’s hot wallets. With a sophisticated attack, the hackers compromised the exchange’s production network and gained access to the funds without ever accessing private keys. Read more
    Tags: BigONE
  • Arcadia Finance users reimbursed by DeFi hack insurance
    Cointelegraph.com - 13:45 Aug 04, 2025
    Nexus Mutual has paid about $250,000 in claims to users hit by July’s $3.5 million Arcadia Finance hack on Base. Update (Aug. 4 at 2:20 pm UTC): This article has been updated to add commentary by Phil Johnston, Nexus Mutual’s director of marketing. Crypto-native insurance alternative Nexus Mutual reimbursed customers who had lost money in a recent Arcadia Finance hack. According to a Monday announcement shared with Cointelegraph, Nexus Mutual reimbursed about $250,000 to users who lost funds in the Arcadia Finance hack. The protocol was hacked in mid-July for $3.5 million in USDC (USDC) and USDS on the Base blockchain, with stolen assets swapped to Wrapped Ether (WETH). Read more
  • France’s Rassemblement National party backs Bitcoin mining with nuclear energy
    Cointelegraph.com - 13:11 Aug 04, 2025
    French political party Rassemblement National is reportedly preparing a draft law to mine Bitcoin with surplus nuclear energy. Rassemblement National (RN), a French political party, is reportedly pushing to mine Bitcoin using surplus energy from nuclear power plants, signaling a shift from its leader’s previous anti-crypto stance.  French newspaper outlet Le Monde reported last week that RN leader and three-time presidential candidate Marine Le Pen now backs using idle nuclear energy for Bitcoin (BTC) mining. She reportedly promoted the plan during a visit to the Flamanville nuclear plant on March 11. The party said the initiative will turn wasted electricity into “secure and extremely profitable” digital assets.  According to Le Monde, RN lawmaker Aurélien Lopez-Liguori has spearheaded the proposal in the French Parliament, drafting a bill to install mining infrastructure at sites operated by the energy giant Électricité de France (EDF).  Read more
  • Hyperliquid reimburses $2M to crypto traders after API outage
    Cointelegraph.com - 12:49 Aug 04, 2025
    Hyperliquid’s rapid response may boost confidence in decentralized trading platforms, which are gaining market share. Decentralized exchange Hyperliquid has reimbursed nearly $2 million to users affected by a brief outage last week, a move that may strengthen confidence in decentralized trading platforms. The Hyperliquid platform’s application programming interface (API) suffered an outage Tuesday, which saw traders sidelined from order execution for about 37 minutes before resuming operations, its website shows. On Monday, Hyperliquid issued refunds totaling $1.99 million in USDC (USDC) to affected users, onchain data from Hypurrscan shows. Read more
  • Monero takeover disrupted by alleged DDoS attack on Qubic mining pool
    Cointelegraph.com - 12:26 Aug 04, 2025
    The Qubic mining pool, which is attempting a 51% takeover of Monero, is allegedly being hit by a distributed denial-of-service attack linked to the Monero community. Update (Aug. 4, 2025, at 1:50 pm UTC): This article has been updated to add commentary by XMRig developer Sergei Chernykh. A mining pool behind an attempted 51% takeover of Monero is reportedly under a distributed denial-of-service (DDoS) attack, disrupting the effectiveness of its attempt. In a Sunday X post, Sergey Ivancheglo, who claims responsibility for the takeover attempt, said the Qubic mining pool he controls is under a DDoS attack. He added that the attack resulted in the mining pool’s hashrate falling from 2.6 gigahashes per second down to 0.8 GH/s. Read more
  • Stripper index doesn’t apply to Bitcoin, OnlyFans models say
    Cointelegraph.com - 12:03 Aug 04, 2025
    An analysis of an OnlyFans model’s earnings suggests the so-called stripper index doesn’t hold up when applied to digital adult content and Bitcoin. The "stripper index” — an anecdotal measurement that connects economic health with spending on adult entertainment — appears unable to predict Bitcoin’s (BTC) price. Kodi Rose, a self-described “dollar stripper” and adult content creator, alluded to these frontline insights in a recent viral TikTok video, saying she believes the economy is already in a recession as fewer customers are asking where they can “hit the slopes,” a social code for cocaine. The digital equivalent of exotic dancers is adult content creators, and OnlyFans dominates the space. On the platform, users subscribe to creators and tip for extras. Read more
  • Pump.fun hits lowest monthly revenue in 2025 as memecoins lose steam
    Cointelegraph.com - 11:30 Aug 04, 2025
    Solana-based memecoin platform Pump.fun saw its July revenue plummet to $24.96 million, down 80% from its January peak. Solana memecoin launchpad Pump.fun’s monthly revenue fell to a 2025 low in July, signaling a sharp drop in the memecoin creation sector after months of declining interest.  According to data from DeFi analytics platform DefiLlama, Pump.fun generated $24.96 million in revenue last month, down 80% from its January peak of over $130 million.  The platform’s revenue has steadily declined this year, decreasing to $90 million in February before plunging to $37 million in March, DefiLlama data shows. Read more
    Tags: Pump
  • Crypto funds see $223M outflow, ending 15-week streak as Fed dampens sentiment
    Cointelegraph.com - 11:07 Aug 04, 2025
    Profit-taking broke a 15-week winning streak of global cryptocurrency ETPs last week after hawkish remarks that followed last week’s US Fed rate decision. Cryptocurrency investment products ended last week in the red, interrupting 15 weeks of consecutive inflows after investor sentiment took a hit from hawkish remarks during last week’s Federal Open Market Committee (FOMC) meeting. Global crypto exchange-traded products (ETPs) saw $223 million worth of outflows last week, according to the latest report from crypto asset management firm CoinShares, published Monday. Despite a strong start to the week with $883 million worth of inflows, the “trend reversed” in the second half of the week, “likely triggered by the hawkish FOMC meeting and a series of better-than-expected economic data from the US,” the report said, adding: Read more
  • ECB: Cash is ‘here to stay’ even as digital euro advances
    Cointelegraph.com - 09:55 Aug 04, 2025
    ECB Executive Board member Piero Cipollone said that a digital euro will not replace physical money but complement it to preserve payment autonomy. As stablecoins and private digital currencies gain traction globally, the European Central Bank (ECB) doubled down on its commitment to keep public money, both physical and digital, at the core of Europe’s financial system. On Monday, ECB Executive Board member Piero Cipollone said in a blog post that euro banknotes and coins will continue to play a role in the financial ecosystem even if the central bank advances its digital euro plan.  “And rest assured: A digital euro will not replace banknotes and coins but rather complement them,” Cipollone said, adding that cash’s availability in both physical and electronic form will strengthen Europe’s payment autonomy.  Read more
  • White House crypto rules bring SEC-CFTC clarity for US crypto firms: Lawyer
    Cointelegraph.com - 09:22 Aug 04, 2025
    Carving out clear jurisdictions for the SEC and CFTC may ease investor concerns over ambiguous securities laws. The long-awaited White House report on cryptocurrency policy recommendations may bring an end to years of regulatory uncertainty for digital asset companies, many of which have struggled with unclear guidance regarding securities laws. US President Donald Trump’s Working Group on Digital Assets released its crypto policy report on Wednesday, outlining recommendations on market structure, banking regulations and methods to bolster the US dollar’s dominance through stablecoins and crypto tax laws. One of the report’s key proposals is a division of responsibilities between the US Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). The CFTC will gain authority over spot crypto markets, addressing longstanding concerns about overlapping or conflicting enforcement. Read more
  • Is BTC repeating path to $75K? 5 things to know in Bitcoin this week
    Cointelegraph.com - 09:04 Aug 04, 2025
    Bitcoin tries to recover from its trip below $112,000 as BTC price volatility keeps the market in a state of flux. Bitcoin (BTC) starts the first full week of August at a crossroads as market nerves combine with a BTC price bounce. After bouncing from three-week lows, BTC price action is fielding mixed targets with bigger August volatility expected. The market environment is now fundamentally different from Bitcoin’s old all-time highs from January, analysis says. Read more
    Tags: Bitcoin
  • Blockchain technology can help decentralize the US energy grid — VC
    Cointelegraph.com - 22:35 Aug 03, 2025
    Making the US energy grid more resistant to shocks and maximizing grid uptime is central to the Trump administration’s AI strategy. Blockchain technology can help modernize the US electrical grid by marshaling human labor and stranded resources to create decentralized energy infrastructure, according to Cosmo Jiang, a general partner at venture capital firm Pantera. “All of civilization from the beginning of time has been built on the coordination of incentives, and blockchain is just a new way to incentivize people in a decentralized way that wasn't possible before,” Jiang told Cointelegraph in an interview.  The VC explained that companies in the gig economy have devised ways of allowing people to monetize their free time and resources outside of their normal working hours through freelance commitments. Blockchain can tap into this by coordinating unused infrastructure, labor, and resources to build out a decentralized energy grid, Jiang said:  Read more
  • Tron network founder Justin Sun returns from space
    Cointelegraph.com - 20:51 Aug 03, 2025
    The Tron founder said it has been a long-time dream to travel to space and reflected on the fragility of the planet following his return. Justin Sun, founder of the layer-1 Tron blockchain network, returned safely from a commercial spaceflight on Saturday, alongside five other crew members aboard Blue Origin mission NS-34. The other crew members included the founder of venture capital firm Alpha Funds, J.D. Russell, entrepreneur Gökhan Erdem, real estate investor Arvi Bahal, meteorologist Deborah Martorell, and philanthropist and teacher Lionel Pitchford.  Sun placed a $28 million bid for a seat aboard Blue Origin spaceflight NS-34 in 2021 and won the first reservation for the scheduled mission. Read more
  • Iconic Satoshi Nakamoto statue recovered by Lugano municipality
    Cointelegraph.com - 17:01 Aug 03, 2025
    The iconic statue of pseudonymous Bitcoin creator Satoshi Nakamoto has become a textbook symbol of the global Bitcoin movement. The iconic “disappearing” statue of pseudonymous Bitcoin (BTC) creator Satoshi Nakamoto, reported stolen on Saturday, has been recovered, according to Satoshigallery, the art collective responsible for installing the statue.  Municipal workers from the city of Lugano, Switzerland, recovered the statue, which was thrown into Lake Lugano after it was removed from its base in Parco Ciani, a lakefront park in the Swiss city, by unknown persons.  The municipal workers discovered the statue in several pieces, indicating vandalism, rather than theft for monetary gain. The statue was only welded to the base at two points at the statue's feet, which remained fixed to the base. Read more
    Tags: Lugano
  • Bitcoin dip making ‘perfect bottom,’ says analyst: Will BTC rally to $148K?
    Cointelegraph.com - 15:49 Aug 03, 2025
    BTC price is retesting a key support that previously triggered a 25% rally, potentially signaling a repeat move toward new all-time highs for Bitcoin. Key takeaways: Bitcoin’s 50-day EMA bounce aligns with a bullish pattern targeting $148,000. Old whale’s 80,000 BTC selloff marks third profit wave, often a prelude to a recovery. Read more
    Tags: Bitcoin

7335 items