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Cointelegraph.com - 05:20 Jul 24, 2026
The proposed class action alleges BitMEX used privileged trading access and server freezes to profit from forced liquidations. BitMEX is facing a class action lawsuit accusing the crypto derivatives platform of fraudulently engineering customer liquidations to seize traders’ Bitcoin collateral. On Thursday, BKX Services Inc. and David Namdar filed the complaint in the US District Court for the Southern District of New York. The plaintiffs allege they lost a combined 622.66 BTC through forced liquidations on BitMEX, with BKX claiming losses of at least 305.81 BTC and Namdar alleging losses exceeding 316.85 BTC. The lawsuit revives long-running allegations about the platform’s internal trading operations and liquidation engine and comes just as the exchange is preparing to close in September. Read more -
Cointelegraph.com - 03:10 Jul 24, 2026
On Wednesday, Senate Republicans released the proposed text for the CLARITY Act, which has been met with pushback from Democrats regarding ethics provisions. Democratic Senator Ruben Gallego says he will be working with Republicans to come up with a counterproposal to White House-approved ethics provisions in the CLARITY Act, saying the draft released this week was “not a serious effort.” On Wednesday, Senate Republicans released the proposed text for the Digital Asset Market Clarity (CLARITY) Act, including language on ethics that would bar all US federal officials — including US President Donald Trump — from issuing or sponsoring any digital asset. Democrats said the ethics provisions fall short. “Whatever piece of shit they sent back to us, that was not a serious effort,” Senator Ruben Gallego told Politico on Thursday. Read more -
Cointelegraph.com - 02:50 Jul 24, 2026
BitMEX will have removed 65 derivative contracts and trading pairs in July, compared with just 19 across the first six months of the year. Crypto exchange BitMEX accelerated its delisting of derivative contracts and trading pairs in July due to “insufficient trading interest,” offering a glimpse at declining activity on the platform surrounding its decision to wind down the exchange. BitMEX’s website shows that in early July, it delisted 21 derivative contracts; two weeks later, BitMEX delisted nine spot pairs for lack of trading interest. On Thursday, BitMEX added another 35 derivative contracts to the queue for delisting, totaling 65 delistings in July. Related: BitMEX to shut down after 11 years in crypto derivatives Read more -
Cointelegraph.com - 01:18 Jul 24, 2026
Nasdaq, Cboe and the London Stock Exchange are among major exchanges moving toward longer trading hours. The US Securities and Exchange Commission is set to host a public roundtable in September to discuss moving toward 24-hour trading in US equity markets. “We are moving towards a new day – and night – in the US equity markets,” SEC Chair Paul Atkins said on Thursday. “With the expansion to overnight trading, I’m excited at the prospect of US equity markets aligning with those markets that already trade continuously.” Read more -
Cointelegraph.com - 21:47 Jul 23, 2026
The Bitcoin donation can be used to support Donald Trump as a New York court considers whether to reverse a $5 million settlement between the CFTC and Gemini. With a court set to consider a reversal of a $5 million settlement from the US Commodity Futures Trading Commission’s (CFTC’s) case with cryptocurrency exchange Gemini, the company has sent $10 million in Bitcoin (BTC) to a super political action committee (PAC) supporting President Donald Trump. According to the MAGA Inc. Super PAC’s July report to the Federal Election Commission (FEC) filed on Monday, the Gemini Trust Company run by co-founders Cameron and Tyler Winklevoss sent two separate contributions of more than $5 million in Bitcoin on June 19. The donation, which the PAC may use for independent expenditures to support Trump, was recorded about three weeks after the CFTC filed a joint motion with Gemini in federal court in an attempt to reverse a January 2025 settlement over the company allegedly making false or misleading statements. CFTC Chai... -
Cointelegraph.com - 20:51 Jul 23, 2026
The exchange also introduced AI trading tools and a developer kit as part of a broader push to build financial infrastructure for autonomous AI agents. Coinbase is expanding its push into AI-powered finance, enabling businesses to accept USDC payments from autonomous AI agents as part of a broader expansion of its payment, trading and developer tools. According to a Thursday X post, Coinbase Business users will be able to accept USDC (USDC) payments from AI agents through the x402 payment standard, which Coinbase first introduced in May 2025 to enable stablecoin payments over HTTP for AI agents, applications and APIs. The post also announced AI trading tools that let users monitor orders, access live market data, and execute actions based on predefined conditions, as well as a software development kit for developers building agent-powered applications. Read more -
Cointelegraph.com - 20:32 Jul 23, 2026
Bitcoin price forecasts diverge as US-Iran war tensions fueled an ongoing oil and bond-market surge, while July Fed rate-hike odds neared 40%. Bitcoin (BTC) fell below $65,000 on Thursday as US stocks slid amid another round of escalation in Iran. Key points: Data from TradingView showed BTC/USD hitting three-day lows of $64,799 on Bitstamp. Read more -
Cointelegraph.com - 19:41 Jul 23, 2026
The research released by the organization said that crypto companies will directly or indirectly lead to 232,000 jobs across the entire US economy in 2026. Research from the National Cryptocurrency Association (NCA), an organization backed by Ripple Labs, broke down the economic impact of the entire crypto industry on the United States, estimating that salaries, worker spending and output will have contributed $55 billion this year. According to a report released Wednesday by the Pragmatic Policy Group on behalf of the NCA, the total economic contribution was based on direct, indirect and induced employment. Of the sectors to benefit from crypto’s economic contributions, the NCA said that investments in securities and commodity contracts were among the highest at $9.7 billion, while housing and real estate were a combined $4.8 billion. The research found that about 34,000 people in the US were directly employed by crypto companies, accounting for just a fraction of the 232,000 jobs supported by the industry ... -
Cointelegraph.com - 19:30 Jul 23, 2026
BitMEX’s shutdown marks the end of one of crypto’s earliest derivatives exchanges as analysts point to rising regulatory costs, market concentration and the shift toward licensed trading venues. The closure of crypto derivatives exchange BitMEX is prompting fresh questions about whether the industry is entering a new phase of consolidation, as analysts point to market-share concentration and rising regulatory costs squeezing smaller platforms. While BitMEX helped pioneer perpetual swaps that became a cornerstone of digital asset derivatives trading, its daily Bitcoin futures volume began declining around May 2021 and never recovered to its 2020 daily peak of between $1 billion and $5 billion, according to data from CryptoQuant. Restructuring adviser Roshan Dharia told Cointelegraph the exchange’s demise reflects structural pressures facing mid-sized centralized exchanges, where liquidity has increasingly concentrated among the industry’s largest players and regulatory compliance costs continue to rise. He sai... -
Cointelegraph.com - 18:09 Jul 23, 2026
A hacker reportedly took over Robinhood CEO Vlad Tenev’s X account to promote a fake “VLAD” memecoin, posting what appeared to be a malicious token contract address. One or more hackers took over Robinhood CEO Vlad Tenev’s X account on Thursday after a post appeared promoting a fake memecoin called “VLAD” and included what appeared to be a malicious token contract address. The post attracted more than 175,000 views in less than 20 minutes before users identified it as a scam and warned others not to interact with the token. Read more -
Cointelegraph.com - 16:57 Jul 23, 2026
Goldman chief David Solomon will support the crypto market structure bill now in Congress, even as financial companies and banks are hesitant over provisions on stablecoins. David Solomon, chair and CEO of financial giant Goldman Sachs, has given his support for a “not perfect” cryptocurrency market structure bill under consideration in the US Senate even as many provisions continue to divide lawmakers and his fellow industry leaders. According to a Thursday Politico report, Solomon said that the Digital Asset Market Clarity (CLARITY) Act was “not perfect” but needed to create a “level playing field to enhance market stability.” Solomon stands out as the head of a major financial company backing the legislation, which many of his peers are opposing by arguing that the bill allows crypto companies to pay users interest or yield on stablecoins outside standard rules for financial institutions. “The CLARITY Act — like all legislation — is not perfect,” said Solomon, according to Politico. “And there are lots of ... -
Cointelegraph.com - 16:44 Jul 23, 2026
Both parties say they want US crypto market structure legislation, but a dispute over ethics rules and who enforces them is becoming the bill’s biggest obstacle. The long-awaited US Digital Asset Market Clarity Act (CLARITY) has hit another snag. This time, it’s not software developers or the turf war between federal regulators at stake, but the thornier question of ethics — ironic, given many politicians’ demonstrable disdain for them. After months of negotiations and what Coinbase’s chief executive Brian Armstrong called “thousands of hours of work on both sides,” disagreement over a code of conduct could make or break CLARITY once and for all. Read more -
Cointelegraph.com - 16:42 Jul 23, 2026
The investment marks Empery’s latest push into AI infrastructure as the company shifts capital away from its Bitcoin treasury strategy. Empery Digital said it invested $20 million in Cardinal Data Power, acquiring an approximately 8% stake in the private developer of powered data center campuses. The investment was part of Cardinal Data Power’s approximately $70 million Series A financing and will support development of a 750-megawatt data center campus in West Texas. The project is expected to deliver its first power in 2027, expand to about 1 gigawatt by 2029 and eventually exceed 5 gigawatts. Cardinal develops powered data center campuses for artificial intelligence and high-performance computing workloads. The company said it combines power generation, natural gas supply and electrical infrastructure to accelerate development of large-scale computing sites. Read more -
Cointelegraph.com - 16:26 Jul 23, 2026
Ether trades below its realized price while onchain indicators point to easing selling pressure and recovering demand, though a definitive cycle bottom has yet to emerge. Ether is becoming increasingly attractive from a valuation standpoint, particularly relative to Bitcoin, but onchain data suggests the market has yet to reach a definitive cycle bottom, according to CryptoQuant. In its latest weekly report, the analytics company said Ether (ETH) is trading roughly 17% below its realized price, or the average onchain acquisition cost of all ETH in circulation, of about $2,300. Historically, ETH trading below its realized price has coincided with periods of market undervaluation and long-term bottoms. Ether is also showing signs of improving relative to Bitcoin (BTC). CryptoQuant said that ETH’s market value-to-realized value (MVRV) ratio has retreated from extreme overvaluation, exchange inflows have declined, exchange-traded fund (ETF) holdings have begun to recover after months of weakness, and ETH/BTC spot... -
Cointelegraph.com - 13:30 Jul 23, 2026
Are the fears of an AI driven hacking epidemic totally overblown, or is this just the lull before the storm? A wave of high profile crypto hacks in April that many suspected had been orchestrated using sophisticated AI tools to identify smart contract exploits, led to fears that every DeFi protocol was suddenly at risk. In May, Manuel Aráoz, founder of the blockchain security platform OpenZeppelin, declared “all of DeFi unsafe” following $630 million in crypto losses from exploits in April. But even as the industry braced for the scenario of DeFi protocols falling like dominoes to agentic AI, the stream of attacks seemed to ebb. That led Dragonfly managing partner Haseeb Qureshi to declare recently that fears of a DeFi “hackpocalypse” were a “false alarm.” He pointed out that even including April’s big hacks, the year to date has seen “a lower rate of hacked $ per month” and that the “median hack size by year is also declining.” So who’s right? Are the fears of an AI driven hacking epidemic totally overblown,... -
Cointelegraph.com - 13:22 Jul 23, 2026
The partnership expands Binance’s compliance efforts by providing intelligence and training to help detect cryptocurrency activity tied to human trafficking and child exploitation. [Update 16:00 UTC, July 23: Adds Chainalysis data in penultimate paragraph.] Binance has partnered with nonprofit STOP THE TRAFFIK to bolster its ability to identify and investigate cryptocurrency activity linked to human trafficking and child exploitation. The crypto exchange said Thursday that it will receive specialized intelligence, training and insights from the UK group’s Centre for Intelligence-Led Prevention to help identify emerging criminal typologies and strengthen investigations into illicit activity linked to human trafficking. Read more -
Cointelegraph.com - 13:03 Jul 23, 2026
A consortium led by Strategy and BlackRock has pledged $15 million to secure the Bitcoin network from the threat of a quantum computing breakthrough. Michael Saylor’s Strategy announced the launch of the Bitcoin Security Consortium, a group of financial institutions and Bitcoin companies supporting the long-term quantum security of the Bitcoin network. The consortium pledged an aggregate $15 million over the next three years to support developers securing the Bitcoin network against the threat of a quantum computing breakthrough, Strategy announced in a Thursday press release. Other founding members include Anchorage Digital, ARK Invest, BlackRock, Block, Blockstream, Coinbase, Fidelity Digital Assets and Galaxy. The consortium’s day-to-day work will be coordinated by Mike Schmidt, who serves in a volunteer capacity and is the executive director of Brink, a non-profit that supports Bitcoin open-source developers. Read more -
Cointelegraph.com - 12:33 Jul 23, 2026
Crypto exchange Bitget said it was registered as a financial service provider with New Zealand’s financial regulator, enabling it to expand its services in the country. Cryptocurrency exchange Bitget said it is now registered as a financial services provider on New Zealand’s Financial Services Providers Register (FSPR). The registration enables the platform to offer services including foreign currency exchange, domestic and cross-border money transfers, client asset custody, portfolio and money management in the country, Bitget said in a statement on Thursday. The FSPR’s registry did not show Bitget’s registration at the time of writing. Read more -
Cointelegraph.com - 12:02 Jul 23, 2026
BitMEX’s BMEX token plunged about 90% after the exchange announced plans to shut down, ending nearly 12 years in business as its Bitcoin futures market share shrank. [Update, 15:18 UTC, July 23 - Adds comment from cofounder beginning in sixth paragraph.] BitMEX’s utility token lost almost all of its value after the exchange announced Thursday it would wind down operations. The BitMEX (BMEX) token plunged 90% to as low as $0.002 from $0.06, according to CoinGecko data. It traded at $0.0063 at the time of writing. Read more -
Cointelegraph.com - 11:47 Jul 23, 2026
Bernstein analysts remain bullish on the Bitcoin mining sector, as deals with third-party providers will be necessary to address the computing power limits of AI data centers. Bernstein said that it remains overweight on the Bitcoin mining sector, citing the growing partnerships between Bitcoin mining companies that are necessary to address the power constraints of artificial intelligence (AI) data centers. The investment manager’s Bitcoin mining industry deal tracker registered a new AI-related deal every week in July, with combined deals standing at more than 7.5 gigawatts or the contracted equivalent of $150 billion in multi-year contracts, according to a Thursday research note shared with Cointelegraph. The analysts said that third-party computing capacity from Bitcoin miners will remain highly valuable as access to power remains the AI industry’s real bottleneck amid growing political pushback against building new US data centers. Read more
11869 items