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Crypto News Aggregator (Page 63)

US freezes $131M in Iran-linked crypto as Middle East tensions rise
The US Treasury and Tether have frozen $131 million in cryptocurrency linked to the Central Bank of Iran amid escalating Middle East tensions.
SK Hynix Stock: US Investors Paying 51% More Than Seoul Despite a 10% Pop
US investors are paying a 51% premium for SK Hynix shares compared to Seoul, driven by options trading and optimism regarding AI memory supply.
Scott Bessent Announces $130 Million Crypto Freeze Targeting Iran Central Bank
Treasury Secretary Scott Bessent announced that the U.S. has frozen over $130 million in cryptocurrency linked to the Central Bank of Iran.
How Asset Managers Are Investing in Crypto
Asset managers are increasingly offering crypto exposure through regulated products like ETFs, tokenized funds, and direct holdings to meet rising client demand.
Bitcoin vs Gold as a Reserve Asset
This article explores the distinct roles and institutional adoption of Bitcoin and gold as reserve assets in modern financial strategies.
Ark Invest adds $14 million in Circle shares while selling Robinhood
Ark Invest acquired $14 million in Circle shares and $1.5 million in Block Inc. while reducing its position in Robinhood.
Bitmine Generated $46M from Ethereum Staking Last Quarter
Bitmine Immersion Technologies reported $45.7 million in revenue from Ethereum staking last quarter, significantly shifting its revenue model toward validator services.
5 Big Banks Earned $49 Billion in One Quarter by Owning What Crypto Wants to Replace
Major US banks reported record quarterly profits by leveraging financial infrastructure, highlighting a competitive shift against emerging crypto-based payment systems.
Over 95% of Coinbase’s Code is Written with AI: Rob Witoff
Coinbase now uses AI to generate over 95% of its code, enabling smaller teams to perform tasks that previously required much larger workforces.
Three US Senators Oppose CLARITY Act on Ethics Grounds with Vote Expected Soon
Three US senators oppose the CLARITY Act, arguing it fails to address ethics concerns regarding Donald Trump’s financial ties to the cryptocurrency industry.
Artemis Warns Robinhood Chain’s Biggest Success May Also Be Its Greatest Risk
Artemis CEO Jon Ma warns that the heavy reliance on meme coins for Robinhood Chain’s early trading volume could threaten long-term trust.
Coinbase Reportedly Opens Easier Access for Mainland China: Test of Tolerance or Calculated Gamble?
Reports suggest Coinbase is now accepting mainland Chinese IDs for account verification, despite official documentation and China's strict cryptocurrency trading ban.
Ethereum Foundation privacy team spins out as for-profit EthSystems to serve institutions with Lubin, Bitmine backing
Former Ethereum Foundation privacy team members launched EthSystems, a for-profit firm backed by Joe Lubin and Bitmine to support institutional Ethereum adoption.
U.S. CFTC moves to stop Kalshi from canceling trades as ordered by Michigan court
The CFTC has ordered prediction market Kalshi to ignore a Michigan court mandate requiring the reversal of customer trades.
Velocity Lands $38M to Build Enterprise Stablecoin Payment Infrastructure
Velocity raised $38 million to expand its enterprise-grade infrastructure for stablecoin-based cross-border payments and treasury management operations.
China’s Prosecutors Move to Treat Crypto Mixers as Evidence of Money Laundering
Chinese prosecutors have proposed treating the use of cryptocurrency mixers and privacy coins as formal evidence of criminal money laundering intent.
US, UK Treasuries to Align Transatlantic Rules on Tokenization and Stablecoins
The US and UK Treasuries have announced joint recommendations to align regulatory frameworks for tokenized assets and cross-border stablecoin activity.
Bitcoin pushes toward $65,000 on US inflation relief that may already be fading
Bitcoin neared $65,000 following positive US inflation data, though rising oil prices and geopolitical tensions may threaten further gains.
Lucid Stock Crashes 50% on Alleged False Report
Lucid Group shares plummeted 50% following false reports of bankruptcy and potential privatization, which the company has officially denied.
CFTC orders Kalshi to honor Michigan trades, escalating clash with state regulators
The CFTC has directed Kalshi to maintain trades involving Michigan residents, challenging state-level attempts to cancel them amid broader jurisdictional disputes.
Some U.S. Senate Democrats come out against Clarity Act, calling it a 'corrupt' bill
A group of Democratic senators is opposing the crypto Clarity Act, demanding provisions to prevent President Donald Trump's potential conflicts of interest.
Bitcoin treasuries already faced two collateral calls in 2026 and some loans can liquidate after just 12 hours
Public companies using Bitcoin as collateral for loans face strict maintenance thresholds and short response windows that could force rapid asset liquidation.
Hyperliquid Meets SEC Crypto Task Force in Landmark Talks
Hyperliquid leadership met with the SEC’s Crypto Task Force to discuss regulatory frameworks for decentralized perpetual markets.
2 New Deals Make Ripple Productive Capital, but XRP Stays in Free Fall
Ripple announced two institutional partnerships, but the XRP token price continues to decline due to broader market pressures.
US-UK transatlantic taskforce unveils digital asset roadmap promoting stablecoin innovation
A joint U.S.-UK taskforce has released recommendations to foster stablecoin innovation while ensuring strong consumer protections and regulatory clarity.
Airbnb’s 9 million listings could unlock crypto host financing while the homes stay off its balance sheet
Airbnb could potentially leverage its platform data to facilitate regulated, asset-light host financing through blockchain-based tokens without owning the properties.
The Bitcoin Softfork That Tried to Police “Junk Data” — And Why It’s Already Failing
BIP110 is an controversial Bitcoin softfork proposal attempting to restrict transaction data usage that is failing due to technical and philosophical impracticality.
Binance bets on becoming a crypto 'super app' as stablecoins reshape growth
Binance is pivoting toward becoming a payments-focused 'super app,' leveraging stablecoins to provide comprehensive financial services beyond traditional crypto trading.
CoinFund’s David Pakman says crypto hasn’t solved tokenomics
CoinFund's David Pakman argues that the crypto industry has yet to effectively link native token value to the fundamental performance of underlying networks.
The Clarity Act isn't a ticket to sanctions evasion, actually
The Clarity Act provides essential tools and regulatory frameworks to help law enforcement better combat sanctions evasion within the digital asset industry.
UK Government Defers Capital Gains on Certain Crypto with ‘No Gain, No Loss’ Approach
The UK government will implement a 'no gain, no loss' tax policy for crypto lending and liquidity pool transactions starting April 2027.
Wall Street turns cautious on Circle as analysts warn USDC economics face mounting pressure
Wall Street analysts are downgrading Circle stock, citing competitive pressures from new stablecoin models like Open USD that threaten its current revenue-sharing economics.
JCB Signs Circle MOU to Explore USDC Payments in Japan
JCB and Circle have signed an MOU to explore integrating USDC for cross-border payments and merchant transactions within Japan.
Mizuho downgrades Circle to underperform, cuts price target to $50 on Open USD threat
Mizuho downgraded Circle, citing OpenUSD's competitive business model as a threat to Circle's future margins and revenue-sharing agreements.
South Korea’s 8% stock crash set up a crypto rotation but Upbit volume rose just 4%
Upbit saw only a modest 4% volume increase following South Korea’s 8% stock market crash, indicating no significant capital rotation into cryptocurrency.
ECB Drafts 36 Payment Firms to Take On Dollar Stablecoins With Digital Euro Pilot
The European Central Bank has selected 36 payment firms to pilot a digital euro aimed at challenging the dominance of dollar-pegged stablecoins.
Wikipedia blackout could hurt how AI engines like ChatGPT understand crypto
A new report finds that Wikipedia's strict editing guidelines leave many major crypto projects unrepresented, potentially impacting AI knowledge and data accuracy.
U.S., UK move to align rules for tokenized finance across world's largest financial markets
The U.S. and U.K. have released a 10-point roadmap to harmonize regulations for tokenized assets, stablecoins, and cross-border digital financial markets.
CleanSpark Signs $6.6B Data Center Lease in Georgia
CleanSpark shares rose 22% after securing a 20-year, $6.6 billion data center lease in Georgia, signaling a move into AI and computing infrastructure.
CleanSpark Signs $6.6 Billion Data Center Lease as Bitcoin Miner Pivots to Compute
CleanSpark is diversifying by signing a 20-year infrastructure lease for its Georgia facility to support high-performance computing and AI data centers.
XRP’s $1 rebound faces holders trapped above $2
XRP holders who purchased during previous market cycles face significant unrealized losses as the token struggles to overcome various cost-basis resistance levels.
Bitcoin mining production slips in June for CleanSpark, BitFuFu and Canaan
CleanSpark, BitFuFu, and Canaan reported decreased Bitcoin production in June due to various operational factors despite a significant drop in mining difficulty.
SpaceX Stock Crash Wipes $500 Billion From Musk’s Fortune: Can It Rebound?
Elon Musk's net worth dropped by $500 billion as SpaceX shares fell nearly 40% following their post-IPO peak.
Galaxy blends Aave, Morpho and other DeFi rates in new GOFR crypto borrowing product
Galaxy Digital has launched GOFR, a managed lending service that aggregates rates from multiple DeFi protocols for institutional and high-net-worth clients.
‘Soft print, hard regime’: Bitcoin climbs toward $64,000 as June CPI falls 0.4% in largest monthly drop since 2020
Bitcoin rose toward $64,000 after a cooling U.S. inflation report eased concerns over a hawkish Federal Reserve interest rate policy.
Benchmark sees ‘long pathway for growth’ in Hut 8, raises target to $165 on $16.8 billion AI data center deals
Benchmark raised Hut 8’s price target to $165, citing $16.8 billion in contracted value from its AI data center infrastructure projects.
Bitcoin Bear Market Bottom: What 2 Key On-Chain Signals Just Revealed
Two key on-chain indicators, the Puell Multiple and long-term holder supply, suggest that Bitcoin is nearing a bear market bottom.
Anchorage Expands TRON Support with Institutional TRX Staking
Anchorage Digital has introduced native TRX staking for institutional clients, allowing them to earn protocol rewards directly through its regulated custody platform.
JPMorgan says Hyperliquid's rise threatens Circle's USDC economics
JPMorgan warns that a new agreement between Hyperliquid, Circle, and Coinbase creates a 'prisoner's dilemma' that threatens the long-term economics of USDC.
Bitcoin jumps on lowest US CPI since 2020 as traders stay wary of $64K failure
Bitcoin climbed above $64,000 following a lower-than-expected US CPI reading, though traders remain cautious regarding potential price resistance.
The next currency crisis could turn $300 billion in stablecoins into national currencies
Emerging nations are increasingly adopting stablecoins as informal dollar proxies, challenging central bank monetary policies and traditional financial regulations.
Tether leads $7 million round in Pact Labs to boost USAT stablecoin adoption
Tether has invested $7 million in Pact Labs to accelerate the adoption of its USAT stablecoin for U.S. payroll and payment solutions.
Ethereum Foundation spinout EthSystems targets banks with blockchain privacy technology
Former Ethereum Foundation researchers launched EthSystems, a for-profit startup providing privacy-focused blockchain infrastructure for financial institutions.
Dragonfly, FirstMark lead $38 million Series A for stablecoin startup Velocity with support from Coinbase, Ripple and more
Stablecoin treasury platform Velocity raised $38 million in a Series A round led by Dragonfly and FirstMark to modernize corporate payment systems.
Decentralized AI project Nous Research in talks to raise $75M at $1.5B valuation: report
Open-source AI lab Nous Research is reportedly raising $75 million at a $1.5 billion valuation to expand its Hermes agent platform.
Bitcoin Price Jumps Above $64,000 as Cooler-Than-Expected Inflation Strengthens the Case for Rate Cuts
Bitcoin rose above $64,000 following lower-than-expected inflation data, which fueled investor optimism regarding potential interest rate cuts by the Federal Reserve.
78 Banking Groups Push Senate to Rewrite CLARITY Act Section 404
Seventy-eight banking organizations have petitioned the US Senate to amend the CLARITY Act to prevent stablecoins from functioning as deposit substitutes.
TxFlow L1 Introduces Probly as Its Second Channel, Marking the Next Stage of Its Multi-Application Ecosystem with Prediction Markets
TxFlow L1 has launched its second application, Probly, a prediction market built on the new TIP3 protocol for native onchain settlement.
For pension funds, tokenization’s real play is balance-sheet management, Fidelity’s Lai says
Fidelity International’s Giselle Lai argues that tokenization’s primary long-term institutional value lies in efficient balance-sheet management rather than just 24/7 liquidity.
XRP Holders Just Got Their Strongest Utility Signal Since the Lawsuit Ended
Ripple has shifted significant stablecoin supply to the XRP Ledger, marking a major milestone for network utility and institutional adoption.
Is a Bitcoin whale from 2018 about to cash in after awakening to transfer $188 million?
A long-dormant Bitcoin wallet transferred 2,931 BTC, worth $188 million, sparking speculation about a potential sale or custody reorganization.
OpenAI Adds Kalshi World Cup Odds to ChatGPT Search
OpenAI has integrated real-time Kalshi prediction market odds for World Cup matches directly into its ChatGPT search results.
European Central Bank taps 36 payment providers for yearlong digital euro pilot
The European Central Bank selected 36 payment providers to participate in a yearlong digital euro pilot program starting in 2027.
Strategy Became a Symbol of Dot-Com Crash: Could History Repeat?
MicroStrategy's transition from software firm to Bitcoin treasury giant prompts debate over whether its complex financial model mirrors past corporate risks.
IBM Stock Sinks 22% Pre-Market After Rare Q2 Revenue Warning
IBM shares plummeted nearly 22% pre-market following a surprise Q2 revenue warning linked to shifting enterprise spending priorities.
White House Crypto Chief Patrick Witt to Begin Military Leave as Clarity Act Nears Senate Deadline
White House crypto adviser Patrick Witt is taking a military leave of absence as the Senate approaches a critical deadline for the Clarity Act.
Robinhood Chain Makes the Case That Ethereum Is Far From Dead
The launch of Robinhood Chain on the Ethereum layer-2 stack fuels debate over whether Ethereum is a thriving ecosystem or struggling with revenue capture.
Humanity Protocol to Prioritize Operational Security following $36M Hack
Humanity Protocol is strengthening operational security after a $36 million hack caused by a compromised employee laptop.
Bitcoin ETFs lose over $424M, wiping out last week’s gains as recovery fails first test
Spot Bitcoin ETFs recorded $424.7 million in net outflows on July 13, erasing the previous week's total gains and stalling momentum.
Distributed compute startup Boundless expands 4,000-GPU network from ZK to AI
Startup Boundless is repurposing its 4,000-GPU decentralized network from zero-knowledge proof verification to support high-demand AI inference workloads.