Found 7335 news
Despite strong ETF inflows, ETH traders remain cautious as competitive pressures and weak network activity persist. Key takeaways: Derivatives data shows traders remain wary despite the recent ETH price gains and strong ETF inflows. Ethereum faces competitive pressure from Solana and BNB Chain amid stagnant network activity growth. Read more
The White House’s crypto report did not provide updates to the March 6 executive order establishing a Bitcoin reserve. The White House released its long-awaited report on crypto on Wednesday, detailing a number of policy recommendations that omitted a Bitcoin (BTC) reserve. The 166-page document provides recommendations for multiple aspects of the crypto industry, including banking policy, stablecoins and countering illicit finance. The report does mention the Strategic Bitcoin Reserve, insofar as it was established back in March, but makes no mention of further development. Bitcoin maximalists have stated that the Bitcoin reserve order should allow the government to actively purchase the asset in a strategy more akin to El Salvador. Read more
Money2 is a new financial system powered by stablecoins and DeFi. With $225 billion in stablecoins and code-based contracts replacing banks, Money2 is already changing how value moves. Opinion by: Michael Egorov, founder of Curve Finance The crypto world shifts its focus every few months, with headlines buzzing about AI, integrations, memecoins and grand Web3 visions. While the spotlight moves from trend to trend, a quieter, deeper transformation is taking place beneath the surface: the gradual birth of a new financial system built on stablecoins, decentralized finance (DeFi) and code-driven contracts. Read more
Former OpenSea employee Nathaniel Chastain has successfully appealed his conviction for wire fraud and money laundering. A US federal appeals court has overturned the conviction of Nathaniel Chastain, a former OpenSea manager found guilty of wire fraud and money laundering for using insider information to trade non-fungible tokens (NFTs). In a Thursday decision, the United States Court of Appeals for the Second Circuit ruled that the jury was improperly instructed and could have convicted Chastain for unethical conduct rather than misappropriating a traditional property interest, a requirement under federal fraud statutes. “Chastain argues that the district court erred by instructing the jury that it could find him guilty of defrauding OpenSea of its property if he misappropriated an intangible interest unconnected to traditional property rights. He maintains that this error affected the jury’s decision. We agree,” the court decisions reads. Read more
Why is Meta allegedly pirating porn? Math suggests AI agents won’t take everyone’s jobs, AIs secretly trained to love owls, and more: AI Eye. A new lawsuit claims Meta has been secretly pirating porn for years from torrent sites using virtual private clouds in order to train its AI models. Strike 3 Holdings and Counterlife Media, which own porn sites attracting 25 million monthly visitors, have sued Facebooks parent company for almost $359 million for allegedly infringing on the copyright of 2,396 adult films that Meta is said to have downloaded since 2018. The allegations are similar to the lawsuit brought by well-known authors against Meta that claimed the tech giant pirated 81.7 terabytes of books only this case is much more interesting because its about porn. Strike 3 Holdings told the court it offers rare long cuts of natural, human-centric imagery showing parts of the body not found in regular videos and said it is concerned Meta will train its AIs to eventually create identical content for little to no...
Naoris has launched a $120,000 bounty incentivising researchers to break key cryptographic algorithms underpinning Bitcoin, Ethereum and Solana. Naoris, a cybersecurity firm focused on safeguarding digital assets from quantum computing threats, is offering bounties to anyone who can break the encryption algorithms that secure major blockchain networks. In an announcement shared with Cointelegraph on Thursday, Naoris said it has set a bounty of $120,000 — equivalent to approximately one Bitcoin (BTC) — for successfully compromising key cryptographic algorithms used in the crypto industry. The largest bounty, $50,000, is for anyone who can break secp256k1, the cryptographic standard that underpins Bitcoin, Ethereum and many other protocols. A $30,000 reward is available for breaking Ed25519, which is used by Solana, as well as encrypted messaging services like Signal and WhatsApp. Read more
Bitcoin’s explosive July rally pushed its market cap to $2.4 trillion, overtaking Amazon, silver and Alphabet, cementing its place among the world’s five most valuable assets. On July 14, 2025, Bitcoin crossed a historic threshold. Its price surged past $122,600, pushing its market capitalization to approximately $2.4 trillion — surpassing Amazon’s estimated $2.3 trillion. With that, Bitcoin officially joined the ranks of the top five most valuable assets on Earth. Read more
AllUnity’s EURAU stablecoin launches as euro-denominated stablecoins account for just 0.2% of the stablecoin market despite surging 60% since late 2024. EURAU, a new euro stablecoin venture backed by Deutsche Bank’s DWS, Flow Traders and Mike Novogratz’s Galaxy, has debuted on the Ethereum blockchain. AllUnity — a company backed and formed by the three entities — announced the launch of EURAU on Thursday, making the regulated stablecoin publicly available on the last day of July. The new stablecoin is regulated by the German Federal Financial Supervisory Authority (BaFin) and is compliant with the European Union’s Markets in Crypto-Assets Regulation (MiCA). Read more
A Deloitte survey shows 99% of CFOs at billion-dollar firms expect to adopt crypto long term, with nearly a quarter planning integration within two years. Cryptocurrency is becoming a financial planning priority, with 99% of chief financial officers at billion-dollar firms expecting to use it for business in the long term, according to Deloitte’s Q2 2025 survey of CFOs. The survey, conducted among 200 CFOs at companies with over $1 billion in revenue, revealed that 23% expect their treasury departments to use crypto for investments or payments within the next two years. This figure climbs to almost 40% among CFOs at firms with revenue of more than $10 billion. Despite the momentum, finance chiefs remain cautious. Concerns about price volatility top the list, with 43% of respondents citing it as a primary barrier to adopting non-stable cryptocurrencies like Bitcoin (BTC) and Ether (ETH). Read more
As blockchain interoperability matures, this episode of the Clear Crypto Podcast unpacks how solutions like Hyperlane are reshaping crypto infrastructure and enhancing security. Blockchain interoperability was once seen as a distant technical challenge and aspiration for the decentralized world. However, this challenge may become virtually invisible to users within the next two years. On the latest episode of the Clear Crypto Podcast, hosts Nathan Jeffay and Gareth Jenkinson speak with Jon Kol, co-founder of interoperability project Hyperlane, about the rapid evolution of blockchain infrastructure and how emerging solutions are solving long-standing communication issues between blockchains like Bitcoin, Ethereum and Solana. According to Kol, seamless interoperability similar to Web2 platforms, where users remain unaware of underlying hosting environments, will soon become the standard in Web3. Read more
Crypto treasury companies are emerging as a new category, bringing significant liquidity to the crypto industry. Corporate cryptocurrency treasuries are emerging as a new class of public companies bridging traditional finance and digital assets, signaling increasing institutional interest in crypto. Corporate cryptocurrency treasury firms including Strategy, Metaplanet and SharpLink have collectively amassed about $100 billion worth of digital assets, according to a Galaxy Research report released Thursday. Bitcoin (BTC) treasury firms hold the lion’s share, with over 791,662 BTC worth about $93 billion on their books, representing 3.98% of the circulating supply. Ether (ETH) treasury firms hold 1.3 million ETH tokens, worth more than $4 billion, representing 1.09% of the Ether supply, the report said. Read more
The guidelines are expected to cover leverage limits, user eligibility and risk disclosures for crypto lending activities. South Korea’s financial regulators plan to release guidelines on cryptocurrency lending services next month in an effort to tighten oversight and protect investors amid growing concerns over leveraged crypto products. The Financial Services Commission (FSC) and Financial Supervisory Service (FSS) on Thursday announced the formation of a joint task force to develop a regulatory framework for crypto lending, according to local media Yonhap News Agency (YNA). The move follows new lending services introduced by South Korean exchanges Upbit and Bithumb. According to YNA, Bithumb has allowed users to borrow as much as four times their collateral, while Upbit has offered loans worth up to 80% of users’ asset value. Read more
Coinbase’s satirical video takes aim at Britain’s struggling economy as data shows almost half of UK adults are financially vulnerable. Coinbase has taken aim at the United Kingdom’s financial system in a darkly satirical video, which comes as data reveals an increase in financial hardship across the country. Titled “Everything is fine,” the video uses a musical tone and lyrics to brag about the UK's strong finances while showing grim scenes of inflation, poverty, debt and financial struggle, a hint at the gap between what people are told and what they actually face. “We ain’t got no troubles. No reason to complain,” the video starts, as damaged homes and cash-strapped individuals fill the screen. “The streets can’t get no cleaner. Nor the rat meat any leaner. No. Life is just as great,” it claims, as dirty streets flash across the screen. Read more
The Philippine government launched a blockchain-based document validation system on Polygon, despite the network suffering a partial outage on the same day. The government of the Philippines announced that it will notarize its documents on the Polygon blockchain — on the same day that the network’s Heimdall v2 mainnet suffered a temporary outage. Maria Francesca Montes Del Rosario, undersecretary at the Philippine Department of Budget and Management, announced in a Wednesday Facebook post that the government’s blockchain transparency was live. According to a Thursday report by local crypto news outlet BitPinas, Del Rosario said at the launch event that blockchain addresses the issue presented by artificial intelligence-generated deepfakes and prevents bad actors from falsifying government documents. Read more
XRP price needs to beat its January record monthly close above $3.03 for a renewed push toward new all-time highs. Key takeaways: July’s monthly candle close can become XRP’s highest ever. A close above $3.03 could stage a rally to $7-$11, according to analysts. Read more
CoinDCX operator Neblio reportedly filed a complaint against software engineer Rahul Agarwal after discovering that his credentials had been compromised through his work laptop. An employee of CoinDCX, a cryptocurrency exchange that was hacked for $44 million in mid-July, was arrested in India in connection with a security breach, according to multiple local reports. Bengaluru City police detained CoinDCX software engineer Rahul Agarwal after hackers allegedly managed to compromise his login credentials to siphon the exchange’s assets, The Times of India reported on Thursday. The arrest followed a complaint and internal investigation by CoinDCX operator Neblio Technologies, which determined that Agarwal’s credentials had been compromised via his work laptop, allowing unauthorized access to the company’s servers. Read more
Phoenix Group launched a $150 million crypto treasury with Bitcoin and Solana, becoming the first Abu Dhabi Securities Exchange-listed company to hold digital assets on its balance sheet. Abu Dhabi-based Bitcoin miner Phoenix Group has launched a $150 million strategic cryptocurrency reserve, becoming the first publicly listed company on the Abu Dhabi Securities Exchange (ADX) to establish a digital asset treasury. The company said Thursday the reserve includes 514 Bitcoin (BTC) and 630,000 Solana (SOL), describing it as a long-term holding strategy. This makes Phoenix Group the first company listed on the ADX to establish a strategic cryptocurrency treasury, the company said in an announcement shared with Cointelegraph. Read more
Robinhood saw its crypto revenue almost double to $160 million as CEO Vladimir Tenev confirmed plans to keep pushing its tokenization strategy in the US and abroad. Trading platform Robinhood’s crypto revenue increased 98% year-on-year to $160 million in the second quarter as CEO Vlad Tenev doubled down on plans to lead the real-world asset tokenization market in the US and abroad. Total net revenue climbed 45% year-on-year to $989 million, while net income increased by 105% to $386 million, Robinhood said in its earnings statement on Wednesday. Despite beating Wall Street expectations, company shares slightly retraced in after-hours trading. Read more
As Kraken eyes a $15 billion valuation and potential IPO, its Q2 report reveals growth and a shift toward TradFi products. Kraken reported $411.6 million in revenue for the second quarter of 2025, an 18% increase compared to the same period last year, according to its earnings release. However, the exchange’s adjusted earnings declined 7% year-over-year to $79.7 million, down from $85.5 million in Q2 2024. According to figures released on Wednesday, trading volume on the crypto exchange jumped by 19% over the past year, to $186.8 billion during Q2 2025. In other areas, Kraken also posted positive results, with assets jumping 47% to $43.2 billion, while funded accounts rose 37% to $4.4 million. The exchange’s stablecoin-to-fiat market share also grew, up from 43% to 68%. Read more
If convicted of the three charges, the Tornado Cash developer could face more than 40 years in prison. Jurors will now decide the fate of Roman Storm, co-founder of cryptocurrency mixing service Tornado Cash, after prosecutors and the defense delivered closing arguments on Wednesday. The closing arguments phase of a trial is when both sides summarize a case before a judge or jury, making their cases and trying one last time to persuade before the fact-finder goes off to deliberate. Storm is standing trial in the Southern District of New York in a case that could set a precedent for how much responsibility developers have for decentralized software that is used illegally. Read more7335 items