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Found 11869 news

  • Cost to insure AI debt reaches record high amid Asian semiconductor tumble
    Cointelegraph.com - 16:04 Jul 29, 2026
    Cost to insure AI debt reaches record high amid Asian semiconductor tumbleSeoul’s historic two-day crash and widening hyperscaler credit spreads suggest the AI trade’s leverage is starting to bite — in equities and in bonds. Key points: Korean equities saw the second day of a historic sell-off on Wednesday with market-wide circuit breakers again halting trading. Combined with Tuesday’s drop, the KOSPI has now shed nearly 17%, wiping out $620 billion in market capitalization. This has prompted the government to convene an emergency meeting of its financial authorities. The initial trigger for the sell-off was SK Hynix’s Q2 earnings miss. The stock was down another 4% today, extending Tuesday’s 15% drop. Taken together with Samsung Electronics, the company makes up nearly half of the Korean index.  Read more
  • BNY to bring transfer agency records onchain in blockchain push
    Cointelegraph.com - 13:36 Jul 29, 2026
    BNY to bring transfer agency records onchain in blockchain pushBNY is launching a blockchain-based transfer agency platform as the bank expands its digital asset infrastructure and moves core financial records onchain. BNY, one of the world’s largest custodian banks, is taking a major step toward blockchain-based financial infrastructure by moving fund ownership records onchain. The New York-based institution will launch a blockchain-based version of its transfer agency business, which manages fund ownership records and investor transactions, the Financial Times reported Wednesday. “We think of BNY as modernizing a function that sits behind every single fund transaction by bringing the books and records on-chain,” Carolyn Weinberg, BNY’s chief product and innovation officer, reportedly said. Read more
  • The 100x obsession: Fundamentals grow in importance as crypto matures
    Cointelegraph.com - 13:30 Jul 29, 2026
    The 100x obsession: Fundamentals grow in importance as crypto maturesCrypto’s fundamentals have never been stronger, yet degens keep chasing hot new narratives. Behavioral finance may explain why get rich quick stories continue to beat substance. “Investments change fast; human nature and human aspirations stay constant.” That’s how Meir Statman, behavioral finance pioneer, professor of finance at Santa Clara University and author of A Wealth of Well-Being, explains one of investing’s oldest puzzles. And it may be why every crypto cycle so far has been about chasing the next hot narrative rather than fundamentals, whether it’s DeFi, meme coins or decentralized compute. In an industry that has spent years maturing into an ecosystem of institutional investors, revenue-generating protocols and real-world use cases, investor attention still gravitates toward the next shiny thing that can offer the promise of outsized returns. Read more
  • Emirates enables UAE residents to pay for flights through Crypto.com
    Cointelegraph.com - 12:14 Jul 29, 2026
    Emirates enables UAE residents to pay for flights through Crypto.comThe service is limited to eligible UAE residents and bookings are priced and settled in dirhams. Emirates, the Dubai-based flagship carrier, has launched Crypto.com Pay on its website and app, enabling eligible United Arab Emirates residents make flight bookings with cryptocurrencies, the airline said Tuesday. Mobile users are sent to the Crypto.com app to authorize payment from their wallet, while desktop customers scan a QR code at checkout, the companies said in an announcement. Emirates settles in UAE dirhams rather than holding crypto, with Crypto.com handling the conversion. The move “reflects the rapidly evolving preferences of a younger, digitally fluent generation who manage their money and plan their journeys primarily from their phones,” said Adnan Kazim, Emirates’ deputy president and chief commercial officer. Neither company indicated whether they would expand the Emirates service beyond eligible UAE residents. Read more
  • Telegram founder Pavel Durov internationally wanted, Russia’s FSB says
    Cointelegraph.com - 11:18 Jul 29, 2026
    Telegram founder Pavel Durov internationally wanted, Russia’s FSB saysRussia’s FSB says Telegram founder Pavel Durov faces a terrorism-related charge and an international arrest warrant, while a separate French case remains open. [Update, 11:13 am UTC: Adds wanted list clarification in third paragraph.] Russian authorities have placed Telegram founder Pavel Durov on an international wanted list as they escalate a criminal case accusing him of facilitating terrorist activity. Russia’s Federal Security Service (FSB) said on Wednesday that it had charged Durov with facilitating terrorist activity and issued an international warrant for his arrest, local news agency Interfax reported. Read more
  • Crypto TradFi grows fivefold to $6.6B as exchanges expand into stocks, commodities: Report
    Cointelegraph.com - 10:00 Jul 29, 2026
    Crypto TradFi grows fivefold to $6.6B as exchanges expand into stocks, commodities: ReportA CoinGecko study points to rising demand for tokenized equities and commodities on centralized exchanges, with perpetual futures driving most of the market’s trading activity. Intense competition from traditional brokerage and decentralized exchanges is pushing crypto exchanges to expand beyond digital assets into tokenized stocks, commodities and precious metals, CoinGecko said. A study, released by the crypto data provider on Wednesday, found that the market capitalization of tokenized traditional assets, including precious metals, US stocks, commodities, global indexes and forex, grew to $6.6 billion in June 2026 from $1.4 billion in January 2025. The analysis covers activity across Binance, OKX, Bybit, Bitget, Gate and MEXC. The market’s initial growth was fueled largely by tokenized precious metals before expanding into US equities. By mid-2026, US stock perpetual futures had overtaken precious metals in both trading volume and open interest, driven by investor interest in semiconductor stocks and antic...
  • Hungary repeals crypto checks as first MiCA license is granted
    Cointelegraph.com - 09:15 Jul 29, 2026
    Hungary repeals crypto checks as first MiCA license is grantedHungary removed mandatory third-party checks for crypto conversions as CoinCash received authorization to provide digital asset services under MiCA. Hungary is rolling back strict crypto rules as CoinCash prepares to resume services after receiving authorization under the European Union’s Markets in Crypto-Assets (MiCA) regulation. The Hungarian Parliament voted to repeal the country’s crypto validator requirement, removing mandatory third-party approval for certain crypto transactions, the Hungarian tax and legal publication Ado.hu reported on Tuesday. Finance Minister Kármán András said the government removed the validation requirement after the previous rules disrupted Hungary’s crypto market, prompting some service providers to halt operations in the country. Read more
  • Trump teleprompter operator accused over Kalshi bets leaves government: AP
    Cointelegraph.com - 08:12 Jul 29, 2026
    Trump teleprompter operator accused over Kalshi bets leaves government: APGabriel Perez, who was accused of profiting from Kalshi bets tied to President Donald Trump’s speeches, is no longer employed by the federal government. A White House teleprompter operator accused of using inside knowledge to profit from prediction market bets on President Donald Trump’s speeches no longer works for the federal government, according to the Associated Press. A White House official said on Tuesday that Gabriel Perez, who had been placed on unpaid leave earlier this month, is no longer employed by the federal government but declined to say whether he resigned or was fired. Perez was accused of using nonpublic information to make more than $100,000 betting on Kalshi prediction markets tied to Trump’s speeches, according to an earlier ABC News report. Read more
  • Bitcoin ETFs extend outflow streak as BTC fails to hold $65K
    Cointelegraph.com - 07:16 Jul 29, 2026
    Bitcoin ETFs extend outflow streak as BTC fails to hold $65KUS spot Bitcoin ETFs recorded four straight sessions of outflows totaling $526 million as Bitcoin faced renewed selling pressure after failing to hold $65,000. US-listed spot Bitcoin exchange-traded funds (ETFs) extended their outflow streak to four consecutive trading sessions, with investors withdrawing about $49.8 million as Bitcoin briefly fell to $63,000. Bitcoin ETFs recorded total net outflows of about $526 million across the four trading sessions, with the largest withdrawals coming on July 24 and July 23, at about $240 million and $225 million, respectively, according to SoSoValue data. Despite the recent selling pressure, cumulative net inflows remained at $51.3 billion, while total net assets stood at $77.2 billion as of July 28. Read more
  • UK policy sprint finds cross-border payments are stablecoins’ top use case
    Cointelegraph.com - 07:11 Jul 29, 2026
    UK policy sprint finds cross-border payments are stablecoins’ top use caseIndustry participants said stablecoins offer the biggest near-term benefits for cross-border payments, while domestic UK retail adoption is likely to remain limited. Cross-border payments are the clearest near-term use case for stablecoins, while consumer adoption in United Kingdom retail payments is likely to be slower, according to the Financial Conduct Authority’s Stablecoin Sprint. The FCA published findings from its March policy initiative that brought together banks, payment firms, stablecoin issuers and other industry participants to explore how stablecoins could be used. Participants said stablecoins offer the greatest advantages for cross-border payments, particularly in emerging markets with limited access to US dollars, but provide fewer benefits in major payment corridors where existing systems are already fast and relatively inexpensive. Read more
  • Trade.xyz to cover SK Hynix perp liquidation losses tied to price anomaly
    Cointelegraph.com - 05:29 Jul 29, 2026
    Trade.xyz to cover SK Hynix perp liquidation losses tied to price anomaly Trade.xyz said its oracle worked as designed but will reimburse eligible traders after an external SK Hynix price print caused the contract’s mark price to fall nearly 19%. Trade.xyz, an operator of onchain perpetual markets on Hyperliquid, said it will cover eligible liquidation losses after a price anomaly hit its contract tracking SK Hynix, a South Korean chipmaker and producer of high-bandwidth memory for artificial intelligence. Trade.xyz said the SKHYNIX contract’s mark price fell from $1,127.90 to $917.25 at 23:01 UTC on Monday after an executed trade was relayed by multiple independent data providers. Eligibility requirements will be announced soon, with distributions expected in the coming days. The SK Hynix contract ranks among Hyperliquid’s most active markets. On Wednesday, Hyperliquid data showed the contract had generated over $1.5 billion in 24-hour volume and held nearly $600 million in open interest at the time of writing. Read more
  • Trade.xyz to cover SK Hynix perp liquidation losses tied to price anomaly
    Cointelegraph.com - 05:29 Jul 29, 2026
    Trade.xyz to cover SK Hynix perp liquidation losses tied to price anomaly Trade.xyz said its oracle worked as designed but will reimburse eligible traders after an external SK Hynix price print caused the contract’s mark price to fall nearly 19%. Trade.xyz, an operator of onchain perpetual markets on Hyperliquid, said it will cover eligible liquidation losses after a price anomaly hit its contract tracking SK Hynix, a South Korean chipmaker and producer of high-bandwidth memory for artificial intelligence. Trade.xyz said the SKHYNIX contract’s mark price fell to $917.25 from $1,127.90 at 23:01 UTC on Monday after an executed trade was relayed by multiple independent data providers. Eligibility requirements will be announced soon, with distributions expected in the coming days. The SK Hynix contract ranks among Hyperliquid’s most active markets. On Wednesday, Hyperliquid data showed the contract had generated over $1.5 billion in 24-hour volume and held nearly $600 million in open interest at the time of writing. Read more
  • Uniswap founder rejects claims v4 fees reduce LP earnings
    Cointelegraph.com - 05:02 Jul 29, 2026
    Uniswap founder rejects claims v4 fees reduce LP earningsHayden Adams said critics misunderstood Uniswap’s newly approved v4 protocol fees, rejecting claims the change reduces liquidity providers’ earnings. Uniswap founder Hayden Adams pushed back against criticism of Uniswap’s newly activated v4 protocol fees, arguing that claims they reduce liquidity providers’ earnings are based on incorrect assumptions. In an X post on Tuesday, Adams said recent criticism surrounding the protocol fee activation amounted to “FUD and misunderstanding.” Adams also disputed claims that the protocol was taking 25% of LP profits. Using a 30-basis-point pool as an example, he said a 5-basis-point protocol fee represents about 14% of total swap fees, not a reduction in LP earnings. Read more
    Tags: Uniswap
  • South Korea plans stablecoin rules as opposition pushes crypto tax repeal
    Cointelegraph.com - 03:43 Jul 29, 2026
    South Korea plans stablecoin rules as opposition pushes crypto tax repeal The FSC reportedly plans a government-backed digital asset bill covering stablecoins and exchanges, while opposition lawmakers seek to scrap a 22% crypto tax due in 2027. South Korea’s Financial Services Commission (FSC) reportedly plans to draft a consolidated Digital Asset Basic Act with the ruling Democratic Party, giving lawmakers a government-backed proposal covering stablecoins and the broader cryptocurrency market after months of delays. According to an Edaily report published Wednesday, the FSC told the National Assembly ahead of a policy briefing that it intends to introduce a consolidated bill. The proposal would reportedly cover stablecoin issuance and circulation, digital asset business rules, exchange entry requirements, disclosures, internal controls and system-resilience standards. A consolidated government-ruling party proposal could provide a central framework for negotiations. At the moment, 10 separate digital asset and stablecoin bills are already pending in Parliament, while disagreements...
  • Celsius-linked Bitcoin miner Ionic Digital gains 26% in Nasdaq debut
    Cointelegraph.com - 03:26 Jul 29, 2026
    Celsius-linked Bitcoin miner Ionic Digital gains 26% in Nasdaq debutThe Bitcoin miner and AI infrastructure company closed at $62.90, giving it a market capitalization of about $2.8 billion after its direct listing. Ionic Digital shares climbed about 26% from their opening price in their Nasdaq debut Tuesday after the Celsius-linked Bitcoin miner and AI infrastructure company completed its direct listing. The shares opened at $50 and closed at $62.90, giving Ionic a market capitalization of about $2.8 billion based on approximately 44.9 million shares outstanding, according to its registration statement filed with the US Securities and Exchange Commission. Ionic was formed in 2024 to acquire Celsius Mining’s assets through the bankrupt crypto lender’s restructuring and has since expanded into AI and high-performance computing infrastructure. Read more
  • Tether signs tokenization deal with Nairobi Securities Exchange
    Cointelegraph.com - 02:50 Jul 29, 2026
    Tether signs tokenization deal with Nairobi Securities ExchangeThe agreement covers tokenized securities, blockchain-based market infrastructure and the potential use of USDT as a settlement layer. Tether signed a memorandum of understanding with the Nairobi Securities Exchange to explore tokenized securities, blockchain-based market infrastructure and the potential use of USDt (USDT) as a settlement layer. Tether said in a Tuesday announcement that the memorandum outlines plans to explore blockchain-based market infrastructure, digital asset education and real-world asset tokenization, including the potential use of its Hadron tokenization platform for issuing and trading tokenized securities. The memorandum also calls for the parties to assess instant settlement mechanisms and the potential use of USDT as a digital settlement infrastructure layer, where permitted under Kenyan regulations. Read more
  • Tether signs tokenization deal with Nairobi Securities Exchange
    Cointelegraph.com - 02:50 Jul 29, 2026
    Tether signs tokenization deal with Nairobi Securities ExchangeThe agreement covers tokenized securities, blockchain-based market infrastructure and the potential use of USDT as a settlement layer. Tether signed a memorandum of understanding with the Nairobi Securities Exchange to explore tokenized securities, blockchain-based market infrastructure and the potential use of USDt (USDT) as a settlement layer. Tether said in a Tuesday announcement that the memorandum outlines plans to explore blockchain-based market infrastructure, digital asset education and real-world asset tokenization, including the potential use of its Hadron tokenization platform for issuing and trading tokenized securities. The memorandum also calls for the parties to assess instant settlement mechanisms and the potential use of USDT as a digital settlement infrastructure layer, where permitted under Kenyan regulations. Read more
  • Zcash says Ironwood proof rules out undetectable counterfeiting bugs
    Cointelegraph.com - 01:05 Jul 29, 2026
    Zcash says Ironwood proof rules out undetectable counterfeiting bugsZcash researchers published more than 2,700 machine-checked theorems designed to rule out undetectable counterfeiting bugs in Ironwood. Zcash researchers have completed formal verification of Ironwood, publishing a machine-checked proof that the network’s new shielded pool does not contain undetectable counterfeiting bugs under its stated cryptographic assumptions.  On Tuesday, Project Tachyon said that the proof, written in the Lean programming language, comprises over 2,700 theorems and took three teams of researchers and cryptographers over a month to complete. The work establishes a security property known as balance integrity, designed to ensure the shielded pool cannot pay out more value than has publicly entered it. The researchers said the proof covers the components needed for that property, including Ironwood’s zero-knowledge proof system, circuit rules and ledger-level accounting. It does not cover Ironwood’s separate privacy guarantees.  Read more
  • European financial institutions launch RL1 cooperative blockchain network
    Cointelegraph.com - 00:09 Jul 29, 2026
    European financial institutions launch RL1 cooperative blockchain networkRL1 began operations as a member-owned blockchain cooperative backed by 10 European financial institutions, including ABN AMRO, DekaBank and Natixis CIB. Ten European financial institutions have launched Regulated Layer One (RL1), a jointly owned blockchain cooperative designed for regulated financial markets and tokenized assets.  On Tuesday, the group announced that RL1 had been established as a European Cooperative Society in Luxembourg and had begun operations with founding members including ABN AMRO, Cecabank, Chartered Investment, Crédit Mutuel Alliance Fédérale, DekaBank, DZ BANK, LBBW, Natixis CIB, SC Ventures and Seturion.  RL1 said each member will have equal decision-making rights over the network’s governance and development. Read more
    Tags: European
  • European financial institutions launch RL1 cooperative blockchain network
    Cointelegraph.com - 00:09 Jul 29, 2026
    European financial institutions launch RL1 cooperative blockchain networkRL1 began operations as a member-owned blockchain cooperative backed by 10 European financial institutions, including ABN AMRO, DekaBank and Natixis CIB. Ten European financial institutions have launched Regulated Layer One (RL1), a jointly owned blockchain cooperative designed for regulated financial markets and tokenized assets.  On Tuesday, the group announced that RL1 had been established as a European Cooperative Society in Luxembourg and had begun operations with founding members including ABN AMRO, Cecabank, Chartered Investment, Crédit Mutuel Alliance Fédérale, DekaBank, DZ BANK, LBBW, Natixis CIB, SC Ventures and Seturion.  RL1 said each member will have equal decision-making rights over the network’s governance and development. Read more
    Tags: European

11869 items