Cointelegraph.com
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Found 7335 news
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Cointelegraph.com - 15:00 Aug 03, 2025
Crypto tokens have failed retail investors through insider concentration and poor design. Regulation and tokenized real-world assets offer hope for revival. Opinion by: Daniel Taylor, head of policy at Zumo Crypto X communities think tokens are toast. Here’s why they’re right — and dead wrong. If there were one chart to sum up today’s crypto token meta, it would be Bloomberg chart-boxing its comparison of Bitcoin (BTC) against an altcoin basket. Bitcoin holders are jubilant, watching it approach an all-time high. Tokenholders are bloodied and bruised, seeing their holdings wither away while Bitcoin soars. Read more -
Cointelegraph.com - 13:16 Aug 03, 2025
Bitcoin exchange inflows have been increasing for over a month, and the latest BTC price drawdown has made nervous sellers double down. Key points: Bitcoin speculators join whales in sending BTC to exchanges, with price then dipping below $112,000. Analysis warns that continued whale selling could spark a deeper, longer BTC price correction. Read more -
Cointelegraph.com - 13:15 Aug 03, 2025
TradFi giants made 345 blockchain investments between 2020–2024, with G-SIBs leading 100+ deals across tokenization, custody and payments. Citigroup, JPMorgan Chase, Goldman Sachs and Japan’s SBI Group have emerged as the most active players in traditional finance backing blockchain startups, according to a new report by Ripple in partnership with CB Insights and the UK Centre for Blockchain Technologies. Between 2020 and 2024, global banks participated in 345 investments in blockchain companies, most of them in early-stage funding rounds, per the report. Citigroup and Goldman Sachs led the pack with 18 deals each, while JP Morgan and Mitsubishi UFJ followed closely with 15 investments. Mega-rounds, deals worth $100 million or more, were a key focus. Banks contributed to 33 such rounds during the four-year window, pouring capital into firms focused on trading infrastructure, tokenization, custody, and payment solutions. Read more -
Cointelegraph.com - 10:13 Aug 03, 2025
The disappearing Satoshi statue, symbolizing Bitcoin’s anonymity, was stolen in Lugano. Organizers are offering 0.1 BTC to anyone who helps retrieve it. A statue honoring the mysterious Bitcoin creator Satoshi Nakamoto has been stolen from Parco Ciani in Lugano, Switzerland. The theft was confirmed by Satoshigallery, the group behind the global Satoshi statue initiative, which is now offering a 0.1 Bitcoin (BTC) reward (worth over $11,000) for information leading to its recovery. “Where is Satoshi?” the group posted on X on Sunday. “You can steal our symbol but you will never be able to steal our souls,” the statement read, reaffirming their commitment to install the statue in 21 cities around the world despite the setback. Read more -
Cointelegraph.com - 07:15 Aug 03, 2025
SharpLink spent $108.57 million in USDC over 48 hours to acquire 30,755 ETH, raising its total Ether holdings to 480,031 ETH worth $1.65 billion. SharpLink has continued its aggressive accumulation of Ether, adding another 15,822 ETH, worth approximately $53.9 million, over the past several hours, according to onchain data. The purchases were split across multiple transactions, with the largest single transfer totaling 6,914 Ether (ETH), valued at $23.56 million, according to data from Arkham Intelligence. The new haul brings SharpLink’s total ETH holdings to 480,031 ETH, worth around $1.65 billion at current prices. The buying spree has been ongoing over the past 48 hours, during which the company spent $108.57 million in USDC to acquire 30,755 ETH at an average price of $3,530. Read more -
Cointelegraph.com - 05:24 Aug 03, 2025
Bitcoin and Ether could fall back toward the $100,000 and $3,000 level amid concerns of more tariffs, a sluggish credit market and slowed job creation, Arthur Hayes argues. Maelstrom Fund chief investment officer Arthur Hayes has warned that mounting macroeconomic pressures could drag Bitcoin back down to the $100,000 level — and he's already taken crypto profits in anticipation. Hayes linked the recent crypto pullback to renewed tariff fears sparked by the disappointing Non-Farm Payrolls report, which showed just 73,000 new jobs added in the US in July — a sign of economic fragility. Hayes also pointed to sluggish credit growth in major economies stunting nominal gross domestic product growth in warning that Bitcoin (BTC) and Ether (ETH) could fall further toward the $100,000 and $3,000 levels. Read more -
Cointelegraph.com - 01:41 Aug 03, 2025
XRP may be gearing up for a short-term rebound, crypto companies are beginning to return to the United States, and other news. Crypto companies are beginning to return to the United States as top officials signal a shift toward friendlier regulation and domestic growth. In a Thursday speech at the America First Policy Institute, SEC Chair Paul Atkins called on the country to “reshore the crypto businesses that fled,” reinforcing a broader effort by the administration of President Donald Trump to position the US as a global hub for digital assets. Treasury Secretary Scott Bessent said on Friday that the US has entered the “golden age of crypto” and issued a direct call to builders: “Start your companies here. Launch your protocols here. And hire your workers here.” Read more -
Cointelegraph.com - 01:11 Aug 03, 2025
A victim lost $908,551 in a crypto phishing scam 15 months after signing a malicious approval transaction. The scammer waited until two large deposits were made before striking. A crypto user lost $908,551 to a wallet-draining scam 458 days after unknowingly signing a malicious approval transaction, onchain data shows. The attack originated from an ERC-20 approval transaction — likely signed via a phishing site or fake airdrop — that gave the scammer’s wallet, “0x67E5Ae,” ongoing permission to access the victim’s funds. The scammer — linked to the notorious pink-drainer.eth wallet address — executed the theft on Aug. 2 at 4:57am UTC, stealing $908,551 worth of the USDC (USDC) stablecoin, Scam Sniffer pointed out on X. The theft came 458 days after the victim signed the phishing approval transaction on April 30, 2024. Read more -
Cointelegraph.com - 22:16 Aug 02, 2025
The $3.5 billion heist is the single largest cryptocurrency hack and went unreported by both parties for years, according to Arkham. Chinese mining pool LuBian was hacked in 2020 for 127,426 Bitcoin (BTC), valued at about $3.5 billion at the time, making it the biggest crypto hack in history, according to blockchain analytics platform Arkham Intelligence. The platform retroactively uncovered the heist on Saturday, claiming that LuBian, which emerged as the sixth-largest BTC mining pool at the time, was first hacked on December 28, 2020. About 90% of the pool’s BTC was stolen by the threat actor before LuBian was able to move its remaining 11,886 BTC to recovery wallets. Neither the platform nor the hacker publicized the attack at the time, the intelligence platform said. Read more -
Cointelegraph.com - 20:55 Aug 02, 2025
Impermanent loss has been a major factor preventing crypto holders from becoming liquidity providers on decentralized finance platforms. Yield Basis, a protocol developed by the decentralized finance (DeFi) platform Curve Finance, mitigates impermanent loss for tokenized Bitcoin (BTC) and Ether (ETH) liquidity providers (LPs), while also creating a market-based approach to token inflation and emissions, according to Curve founder Dr. Michael Egorov. Impermanent loss in crypto occurs when the price of assets deposited in a liquidity pool dips or deviates in a way that leaves the user with fewer funds than if they had simply held their crypto and not engaged in liquidity provisioning. Dr. Egorov told Cointelegraph that when funds deposited in a liquidity pool are proportional to the square root of Bitcoin’s price, it creates impermanent loss. The Curve Finance founder said: Read more -
Cointelegraph.com - 18:11 Aug 02, 2025
ZachXBT named some sponsors of Token2049 as sketchy. While these coins may have hype-fueled pumps to cult-like followings, they may have no real utility. Crypto investigator ZachXBT criticized Token2049 for poor sponsor vetting, warning that platinum sponsorships don’t equate to legitimacy. Several sponsors he flagged turned out to have shady records. JPEX and HyperVerse used event sponsorships to project credibility. Both later collapsed under fraud investigations, causing billions in investor losses and arrests. Red flags include anonymous teams, low liquidity, overhyped marketing, poor tokenomics and listings only on obscure exchanges. Read more -
Cointelegraph.com - 17:02 Aug 02, 2025
The Bitcoin mining difficulty is crucial to both miner profitability and ensuring that BTC is not mined faster than the protocol allows. The Bitcoin (BTC) mining difficulty hit an all-time high of 127.6 trillion this week, but is projected to drop during the next difficulty adjustment on August 9. Mining difficulty is expected to fall by about 3% to 123.7 trillion in the next adjustment period, and the current average block time is about 10 minutes and 20 seconds, according to CoinWarz. Data from CryptoQuant shows that the mining difficulty fell in June, with a sharp drop-off at the end of month and the first two weeks of July, when difficulty fell to 116.9 trillion. However, the difficulty level resumed its long-term uptrend in the latter half of July. Read more -
Cointelegraph.com - 15:00 Aug 02, 2025
China’s plan to liquidate confiscated crypto through Hong Kong exchanges isn’t simply a policy — it’s to control global digital asset markets and outmaneuver the US. Opinion by: Joshua Chu, co-chair of the Hong Kong Web3 Association Last week’s announcement of Hong Kong’s LEAP Digital Assets Policy Statement 2.0 was made with much anticipation and fanfare. The government of Hong Kong promised a comprehensive regulatory framework that will unify licensing and “expand the suite of tokenised products.” Yet beneath the hype and visible maneuvers lies a far more consequential move: Beijing’s (the world’s second largest holder of crypto) announcement of its intention to liquidate confiscated virtual currencies through Hong Kong’s licensed exchanges. These events, while seemingly separate, are actually components of a carefully orchestrated strategy by China, designed to position Hong Kong as the dominant virtual asset hub and China’s strategic market operator. Read more -
Cointelegraph.com - 13:30 Aug 02, 2025
A Bitcoin whale likely moved 80,000 BTC from dormant wallets after alarming OP_RETURN messages were sent across multiple old addresses. On July 4, 2025, eight Satoshi-era Bitcoin wallets moved a total of 80,000 BTC. Each wallet contained 10,000 BTC, sparking inevitable turmoil in the cryptocurrency space. The Satoshi era is generally considered to span the years 2009 to 2011. During that time, Bitcoin (BTC) could either be transacted or mined with regular computer processors. Eight dormant Bitcoin wallets each sent a transaction of about 10,000 BTC recently. This has led to speculation that threats from quantum computing caused the transfers. Read more -
Cointelegraph.com - 11:29 Aug 02, 2025
With Bitcoin’s hashrate near all-time highs, solo miners continue to land full block rewards, thanks to efficient ASICs and a heavy dose of luck. Solo miners have been defying the odds, successfully claiming full Bitcoin block rewards even as the network hashrate hovers near all-time highs. As of this writing, the Bitcoin (BTC) network’s hashrate is hovering around 902 exahashes per second (EH/s), just below its all-time peak, according to Blockchain.com. The figure shows growing competition and higher difficulty, suggesting that single miners face steep odds to win a block. However, last week, a solo miner defied these odds, securing block 907,283 via the Solo CK pool and earning the full 3.125 BTC reward, worth over $372,000 at the time. The miner also received an additional $3,436 in transaction fees. Read more -
Cointelegraph.com - 09:56 Aug 02, 2025
ARK Invest bought $30 million in Coinbase and $17 million in BitMine shares on Friday amid price dips. ARK Invest has seized the recent stock market dip to boost its stakes in major US crypto exchange Coinbase and Bitcoin miner BitMine Immersion Technologies. The Cathie Wood-led firm added a total of 94,678 shares of Coinbase (COIN) across three of its funds, including the ARK Innovation ETF (ARKK), ARK Next Generation Internet ETF (ARKW) and ARK Fintech Innovation ETF (ARKF), according to trade notifications seen by Cointelegraph. The purchase, worth around $30 million, came as Coinbase stock plunged 16.7% on Friday, closing at $314.69, its worst single-day performance in recent months. COIN hit an intraday low of $310.55, significantly below its 52-week high of $444.64, according to data from Google Finance. Read more -
Cointelegraph.com - 06:46 Aug 02, 2025
Bitcoin ETFs saw $812 million in outflows, led by Fidelity and ARK, while Ether ETFs ended their longest inflow streak with $152 million in losses. Spot Bitcoin exchange-traded funds (ETFs) saw $812.25 million in net outflows on Friday, marking the second-largest single-day loss in the history of these products. The drawdown erased a week of steady gains and pushed cumulative net inflows down to $54.18 billion. Total assets under management slid to $146.48 billion, representing 6.46% of Bitcoin’s (BTC) market capitalization, according to SoSoValue. Fidelity’s FBTC led the exodus with $331.42 million in redemptions, followed by ARK Invest’s ARKB, which saw a substantial pullback of $327.93 million. Grayscale’s GBTC also lost $66.79 million. BlackRock’s IBIT posted a relatively minor loss of $2.58 million. Read more -
Cointelegraph.com - 04:47 Aug 02, 2025
Mill City Ventures III announced a $500 million equity agreement to boost its SUI treasury, which currently sits at 76.2 million units after making its first $276 million purchase this week. Nasdaq-listed Mill City Ventures III may raise another $500 million under an equity agreement to fund its recently announced Sui treasury strategy — however, the news triggered a double-digit fall in Mill City’s share price. The finance firm’s announcement on Friday came shortly after raising $450 million earlier in the week, which was used to buy its first batch of 76.2 million Sui (SUI) tokens worth $276 million. “This equity line is intended to give us the firepower to scale our position as the only Sui treasury on the market with an official Sui Foundation relationship,” the firm’s chief investment officer, Stephen Mackintosh, said: Read more -
Cointelegraph.com - 01:39 Aug 02, 2025
DeFi Education Fund called on the Senate Banking Committee to frame a key crypto market bill in a more tech-neutral way and strengthen crypto developer protections in a recent letter. Crypto lobby group DeFi Education Fund has called on the US Senate Banking Committee to rethink how it plans to regulate the decentralized finance industry after reviewing its recently published discussion draft on a key crypto market-structure bill. The response, signed on behalf of DeFi Education Fund (DEF) members including a16z Crypto, Uniswap Labs, and Paradigm, said the Responsible Financial Innovation Act of 2025 (RFA) bill should be crafted in a more tech-neutral manner, that crypto developers should be protected from “inappropriate regulation meant for intermediaries,” and that self-custody rights for all Americans are “essential.” Legislation should “address illicit finance but not unfairly burden DeFi innovation,” it added in the Friday letter addressed to Senate Banking Committee Chairman Tim Scott and Senators Cynt... -
Cointelegraph.com - 22:41 Aug 01, 2025
The company continues to accumulate BTC through corporate equity and debt offerings, but class action lawsuits against Strategy are mounting. Bitcoin (BTC) treasury company Strategy has expanded the scope its STRC offering twice since issuing the corporate security on July 22. The company announced an at-the-market offering of up to $4.2 billion of its Variable Rate Series A Perpetual Stretch Preferred Stock (STRC), a hybrid corporate security, to purchase more BTC on Thursday. STRC is a dividend-paying security with variable yields that has no set maturity date and can be called or redeemed by the company under specific conditions, making the terms of repayment flexible, according to Thursday’s announcement. Read more
7335 items