Cointelegraph.com
Source:
https://cointelegraph.com
Found 11869 news
-
Cointelegraph.com - 12:30 Aug 04, 2026
XAUt added to its bullion backing during gold’s worst quarter since 2013, as tokenized commodity holder counts continued to rise. The physical gold reserves backing Tether Gold (XAUt) increased 9.5% in the second quarter, which Tether said reflected growing demand for tokenized gold exposure. Gold fell 14.1% during the quarter, its worst quarterly performance since the second quarter of 2013, data from TradingView shows. “Holders of Tether Gold are not only buying XAUt when the price of gold is rising. They are using periods of market weakness to increase their ownership of physical gold through a product that is fully backed, transparent, portable and accessible onchain,” said Paolo Ardoino, CEO of Tether, in Monday’s XAUt attestation report. Read more -
Cointelegraph.com - 11:55 Aug 04, 2026
Italy’s largest bank Intesa Sanpaolo increased its staked Ether ETF position to $7.1 million while reducing its holdings in two spot Bitcoin ETFs. Intesa Sanpaolo, Italy’s largest banking group, tripled its position in an iShares staked Ether exchange-traded fund during the second quarter while reducing its position in the iShares spot Bitcoin ETF. The bank reported holding 349,600 shares of the iShares Staked Ethereum Trust ETF (ETHB) worth $7.1 million as of June 30, according to Friday filing with the US Securities and Exchange Commission. That was up from 116,200 shares valued at $3.15 million at the end of March. Intesa retained 3.47 million shares of the ARK 21Shares Bitcoin ETF (ARKB) worth $67.6 million, its largest crypto-linked holding in the filing. The share count was down about 4% from the first quarter. Read more -
Cointelegraph.com - 10:47 Aug 04, 2026
The CNBC personality said he’ll sell his Bitcoin holdings due to fears about quantum computing, as some cryptocurrency investors celebrated, referencing the popular “inverse Cramer” meme. Former hedge fund manager and CNBC “Mad Money” host Jim Cramer said he plans to sell all his Bitcoin due to quantum computing fears. “I’m going to sell mine [Bitcoin],” said Cramer during a Friday episode, citing quantum computing concerns that IBM chairman and CEO Arvind Krishna had raised on his show the previous day. During Thursday’s episode, Krishna told Cramer that he should get “paranoid” about quantum computing’s threat to cryptocurrencies in the next three to four years. Read more -
Cointelegraph.com - 10:30 Aug 04, 2026
A former FBI supervisory agent pleaded guilty to stealing about $1 million worth of digital assets from an adversarial country and forfeited about $925,000 in funds to government-controlled wallets. Former FBI supervisory agent Patrick Steven Yaroch was charged with using internal systems to obtain credentials for cryptocurrency wallets linked to an adversarial country, which he used to transfer funds to his own crypto wallets. Yaroch admitted to 10 unauthorized transfers between late 2024 and early 2025 that involved an estimated total of $1 million in digital assets, some of which he deposited into Suilend to earn yield, according to a Saturday US Federal court filing. After self-reporting the incident, Yaroch was placed on administrative leave last Wednesday, terminated and then arrested on Friday. Agents retrieved devices, seed phrases and a Trezor wallet from his Virginia residence to access his accounts on Suilend and crypto exchange Kraken. With his cooperation, they transferred roughly $925,000 in fun... -
Cointelegraph.com - 09:42 Aug 04, 2026
The preferred shares have recovered nearly 24% from their June closing low as Strategy builds its cash reserve and repurchases STRC. Strategy’s variable-rate preferred stock, STRC, closed above $90 for the first time in seven weeks, extending its recovery from a June selloff that raised concerns about the Bitcoin treasury company’s financial resilience. STRC closed at $92.32 on Monday, up 3.2% from Friday’s $89.46 close, according to Yahoo Finance data. It was the first close above $90 since June 16. The stock has recovered nearly 24% from its June 26 closing low of $74.57. Read more -
Cointelegraph.com - 09:22 Aug 04, 2026
The first US-Japan joint yen intervention in 28 years came amid record bond yields and worries about the yen carry trade. Joint currency interventions in the yen by Japan and the US could ultimately benefit Bitcoin and risk assets. Washington’s growing coordination with the Bank of Japan (BoJ) points to a potential boost in global dollar liquidity — even as it runs up against a yen carry trade unwind that could squeeze liquidity if it deepens further. Last week, the US and Japan conducted a rare joint intervention to prop up the yen, which had slid to 40-year lows of 164 per dollar — the first of its kind since 1998. The New York Federal Reserve Bank sold euros, rather than dollars, on behalf of the US Treasury. The sales involved the Exchange Stabilization Fund, or ESF, a stockpile of foreign exchange reserves. Read more -
Cointelegraph.com - 08:03 Aug 04, 2026
Apple restored Telegram after the messaging platform removed content that violated its child safety policies and banned the user who posted it. Apple briefly removed Telegram from the App Store after its review found content that violated its policies on child sexual abuse material, according to Bloomberg. The messaging app was later restored after Telegram removed the content and banned the user who posted it, Apple said. The Telegram-linked token Gram fell about 6.4% to $1.32 from $1.41 following reports of the removal. It had recovered to about $1.40 at the time of writing, according to CoinGecko data. Read more -
Cointelegraph.com - 07:49 Aug 04, 2026
The ruling leaves New York’s case against Kalshi in place while allowing the CFTC to renew its request before Judge Victor Marrero. Judge Jed S. Rakoff denied without prejudice an emergency Commodity Futures Trading Commission (CFTC) request for a temporary restraining order that would have blocked New York from pursuing its enforcement case against prediction market operator Kalshi. Rakoff found that the CFTC had not shown a high likelihood of success on the merits or a likelihood of irreparable harm. The CFTC may renew the motion before Judge Victor Marrero on Friday, Aug. 7, according to the order. New York Attorney General Letitia James sued Kalshi last Friday, alleging that it operates an illegal, unlicensed gambling business by offering contracts tied to sports, elections and other events. The New York State Gaming Commission issued Kalshi a cease-and-desist order in October 2025. Read more -
Cointelegraph.com - 07:25 Aug 04, 2026
The framework specifies how existing tax obligations apply to crypto disposals and rewards, with some withheld amounts payable in the originating token. Nigeria’s revenue agency has issued rules requiring crypto platforms and peer-to-peer (P2P) marketplaces to collect, report and remit taxes, including paying some withheld amounts in digital tokens. In its Guidelines on Taxation of Virtual Assets, the Nigeria Revenue Service (NRS) said income tax deducted at source and stamp duty “shall be remitted to the Service in the originating token of the transaction.” Value-added tax, by contrast, must be remitted in the currency used for the payment. The guidelines place exchanges and P2P marketplaces at the center of withholding, reporting and remittance under the country’s existing laws. Read more -
Cointelegraph.com - 06:00 Aug 04, 2026
Crypto executives say restricting powerful AI models may initially be justified, but it doesn’t make sense as open-source alternatives become more capable. Many of crypto’s biggest players are still waiting to gain access to powerful new AI models to strengthen their code from attacks, with only a select few having been able to get it. US crypto exchange Coinbase said in June that it had secured access to Anthropic’s restricted Mythos model and Zcash’s Zooko Wilcox said Anthropic used the model to audit the Zcash protocol at the request of Shielded Labs, while other major crypto players are seemingly yet to get access. “That’s one advanced frontier model that hasn’t been made available to crypto just yet,” Binance’s chief security officer Jimmy Su told Cointelegraph. “We have been trying to make inroads there. We also talked to other crypto exchanges and our own investors to try to make some progress. But we haven’t gotten the most frontier AI model, like Mythos.” Read more -
Cointelegraph.com - 04:47 Aug 04, 2026
Galaxy Research said 90% of the stolen Bitcoin remains unmoved as investigators examine a suspected fourth wave that could lift losses to $130 million. Confirmed losses from the Coldcard wallet incident have exceeded $100 million, with 1,596 Bitcoin (BTC) stolen from about 7,300 addresses across three separate major attack waves and 14 smaller incidents, according to a new update from Galaxy Research. On Monday, Galaxy Digital’s research arm said 73 victims had contacted its researchers, and victim reports confirmed the first three major attacks, helping investigators identify smaller “footprints” that Galaxy said could represent opportunistic attackers exploiting the vulnerability. Galaxy Research also identified a suspected fourth wave that could bring total losses to 2,055 BTC, worth about $130 million. However, Galaxy said it excluded the event from its confirmed estimate because it had not yet received confirmation from victims believed to be part of that wave. The research group said with “medium-high”... -
Cointelegraph.com - 03:52 Aug 04, 2026
Bitmine said it now holds about 4.8% of Ether’s circulating supply as it pursues its 5% acquisition target. Ether treasury company Bitmine Immersion Technologies bought another 10,399 Ether last week and repurchased 4.5 million of its shares as it continued its crypto accumulation and stock-buyback program. On Monday, Bitmine said it held 5,797,813 Ether (ETH) worth $10.9 billion. The company said its ETH holdings represent about 4.8% of Ether’s 120.7 million circulating supply. Bitmine is pursuing a target of 5% of the total ETH supply. The company also held 209 Bitcoin (BTC), $173 million in cash and marketable securities, and equity stakes in Beast Industries and Eightco Holdings. Its combined crypto, cash, securities and other investments were valued at $11.3 billion. Read more -
Cointelegraph.com - 02:58 Aug 04, 2026
Mastercard said the tie-up would help banks, fintechs and enterprises expand stablecoin payments, payouts, settlement and treasury services. Mastercard has completed its acquisition of stablecoin infrastructure company BVNK, closing a deal valued at $1.8 billion. On Monday, Mastercard said the acquisition combines its global network with BVNK’s onchain infrastructure to connect digital currencies with fiat currencies. The payments company said the combination would help institutions, fintechs and enterprises expand their use of stablecoins and tokenized assets across cross-border business payments, payouts, settlement and treasury flows. In a separate announcement, BVNK said it had officially become part of Mastercard, adding that customers would continue to use the same teams, products and integrations, with no action required. Read more -
Cointelegraph.com - 02:03 Aug 04, 2026
Fake romance crypto investment scams net $9 million in a single week in Hong Kong, as Malaysian authorities lose it over a crypto conference’s after-party. HONG KONG An insurance agent in Hong Kong was fleeced out of $3.3 million after her fake online boyfriend convinced her to invest in a fraudulent crypto application. There were 25 similar romance-linked fraud cases reported to Hong Kong police between July 24 and July 30, which collectively defrauded lonely hearts of $9 million. Scammers typically connect with victims through dating or messaging apps and sometimes spend months building a rapport before dropping the idea of investing in crypto. They direct victims to a site that appears to be a legitimate trading application. It displays fake profits to encourage victims to invest more and more funds. Victims typically realize they have been scammed when they are unable to withdraw funds. Hong Kong news in brief — Hong Kong-licensed cryptocurrency exchange HashKey Exchange received approval from JPMorgan Ch... -
Cointelegraph.com - 00:51 Aug 04, 2026
The boutique brokerage will focus on high-net-worth clients rather than competing with retail crypto exchanges. Caleb & Brown, an Australian crypto brokerage owned by the Swyftx Group, has entered the UK market, expanding its services for wealthy investors beyond Australia and the US. The expansion comes a year after the boutique digital asset brokerage was acquired by Swyftx in 2025 in a deal worth more than $100 million. The firm will target high-net-worth clients in the UK. Swyftx Group co-CEO Andrea Yuen said the UK was an “untapped opportunity” as it has lower levels of crypto adoption compared to other markets. Read more -
Cointelegraph.com - 00:03 Aug 04, 2026
The non-custodial protocol said attackers are discovering and adapting exploits faster than its small development team can identify and patch them. Boltz, a non-custodial Bitcoin swap service, says it is disabling its service until further notice after a rise in AI-assisted hacking attempts over the last few months. In a post to X on Monday, Boltz said the decision came after seeing a steady increase in “automated AI-assisted probing” of its infrastructure this year. “After reviewing the results of our own recent security scans, we cannot responsibly re-enable Boltz swaps, especially as we are being actively targeted by what appear to be multiple resourceful groups while we race to deploy fixes.” Read more -
Cointelegraph.com - 20:29 Aug 03, 2026
A key architect of the Trump administration’s digital asset agenda is leaving the Treasury Department as Congress struggles to advance landmark crypto legislation. Tyler Williams, a senior US Treasury official overseeing digital asset policy and a key adviser to Treasury Secretary Scott Bessent, has left the department, according to a Monday report by Punchbowl News. In a statement shared with Punchbowl, Bessent confirmed that Williams’ last day at the Treasury Department was Friday, saying he had been “instrumental” in advancing the Trump administration’s vision of making the US the “crypto capital of the world.” Williams joined the Treasury Department in early 2025 after serving as head of policy at Galaxy Digital. During his tenure, he played a central role in shaping the administration’s digital asset agenda. According to the report, Williams is expected to return to the private sector. Read more -
Cointelegraph.com - 19:44 Aug 03, 2026
According to Bloomberg, the digital asset prime broker is refocusing its Singapore strategy and withdrawing its local license application as crypto companies continue to trim costs. FalconX, the digital asset prime brokerage that acquired crypto ETF issuer 21shares last November, has laid off roughly 10% of its global workforce as it prepares for a prolonged downturn in the cryptocurrency market, Bloomberg reported Monday. Citing people familiar with the matter, Bloomberg said FalconX is also reshaping its strategy in Singapore by focusing on crypto derivatives trading and plans to withdraw its license application with the Monetary Authority of Singapore. The company intends to maintain its presence in Asia while expanding its European business. FalconX employed about 350 people across the United States, the United Kingdom, Singapore and Hong Kong before the layoffs. Read more -
Cointelegraph.com - 16:46 Aug 03, 2026
A new digital verification platform aims to reduce forged certificates by allowing employers and universities to authenticate academic records onchain. Kenya has launched a blockchain-based system for verifying academic credentials through the Kenya National Examinations Council (KNEC), placing more than 30 million records on the Avalanche network in an effort to combat certificate fraud and make credentials easier to verify. KNEC and Avalanche announced the initiative on Monday, saying the platform is designed to address the thousands of forged academic certificates reported in the country each year. The system allows employers, universities and other institutions to verify academic credentials onchain, making records more difficult to tamper with. While the verification platform is now live, neither KNEC nor Avalanche disclosed how widely it has been adopted by students, employers or educational institutions. Read more -
Cointelegraph.com - 16:13 Aug 03, 2026
The asset manager introduced two blockchain-based money market funds designed to qualify as stablecoin reserve assets under the US GENIUS Act. BlackRock, the world’s largest asset manager, has launched two tokenized money market products designed to serve as reserve assets for stablecoins, marking another step in bringing regulated financial products onto blockchain infrastructure. The first product, BlackRock Select Treasury Based Liquidity Fund OnChain Shares (BSTBL), is a tokenized share class of the asset manager’s existing Select Treasury Based Liquidity Fund on Ethereum. Eligible investors can transfer tokenized fund shares between approved wallets while the fund continues investing in cash, short-term US Treasurys and Treasury-backed overnight repurchase agreements. BNY serves as the transfer agent and tokenization provider for the fund’s onchain shares. The second product, BlackRock Daily Reinvestment Stablecoin Reserve Vehicle (BRSRV), is a newly created tokenized money market fund available to insti...
11869 items