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Crypto News Aggregator (Page 28)

Iran Denies Trump’s Hormuz Deal, Oil Jumps but Bitcoin Watches
Iran denied President Trump's claim of a Strait of Hormuz reopening deal, causing oil prices to rise while Bitcoin remained mostly unmoved.
Ethereum just outpaced Bitcoin with $365 million in ETF inflows, but on-chain data shows the real bottom isn’t in yet
Ethereum outperformed Bitcoin in July with strong ETF inflows and corporate accumulation, though on-chain metrics suggest a true cyclical bottom is not yet confirmed.
Unlike the FTX collapse, the $89 million Coldcard exploit has investors sending bitcoin back to exchanges
A security flaw in Coldcard hardware wallets has driven investors to deposit bitcoin onto centralized exchanges, reversing the trend seen after the FTX collapse.
The sudden collapse of a $20 billion AI fund reveals why Bitcoin is the first thing Wall Street sells when margin calls hit
The rapid collapse of a major AI fund highlights how investors facing margin calls often sell liquid assets like Bitcoin first.
BNB Chain Denies Link to Unauthorized Memecoin
BNB Chain is pursuing legal action after a former employee allegedly used unauthorized wallet access to launch a memecoin.
Why a sudden 5,500 BTC drop in leveraged short positions failed to deliver the bullish confirmation Bitcoin traders wanted
A recent drop in leveraged Bitcoin short positions failed to provide the bullish confirmation traders sought due to opposing moves by asset managers.
Ripple Lawsuit Architect Takes Over as US Director of National Intelligence
Former SEC Chairman Jay Clayton, who initiated the lawsuit against Ripple, is stepping in as the new US Director of National Intelligence.
Donald Trump releases the $1.2 million data feed that lets Wall Street front-run his market-moving policy announcements
Trump Media is launching a $1.2 million annual data feed called Truth API to give institutional traders millisecond-fast access to presidential posts.
Michael Saylor Shuts Down Viral $5 Billion MicroStrategy Bitcoin Sale Claims
Michael Saylor clarified that viral claims of a new $5 billion MicroStrategy Bitcoin sale are merely old news repackaged from a June capital plan.
$676 Million Reached Binance From an Iran-Linked Exchange Dubai Had Already Fined
Investigations reveal that at least $676 million in crypto moved from Shelbit, an Iran-linked Dubai exchange, to Binance despite regulatory warnings.
Trump Media Moves Bitcoin as Holdings Fall to 4,261 BTC
Trump Media sold another 2,628 Bitcoin, reducing its total holdings to 4,261 BTC amid ongoing ethics scrutiny of political crypto ventures.
Analyst Claims XRP Could Ease Japan’s Yen Crisis: Is It Realistic?
An analyst argues XRP could ease Japan's yen crisis by improving liquidity efficiency, though practical and regulatory hurdles remain massive.
Trump Media Sells More Bitcoin as Truth Social Plans Subscription Fees
Trump Media has sold additional Bitcoin at a significant loss while launching a paid data subscription feed for Truth Social posts.
Coldcard Hack Expands as Bitcoin Losses Reach $88.6M
A suspected Coldcard hack has driven Bitcoin losses to $88.6 million, sparking a massive wave of small-scale self-custody transfers.
Funding stock buybacks by selling your primary reserve asset is a dangerous game, but Lite Strategy just pulled it off without using a dime of debt
Nasdaq-listed Lite Strategy successfully repurchased 13% of its shares using Litecoin sales and covered-call premiums without taking on any debt.
Bitcoin ETFs just bled $265M in a brutal 24 hours, and Ethereum’s supposed rescue is another BlackRock illusion
U.S. spot Bitcoin ETFs suffered $265.4 million in outflows, while Ethereum's minor net inflow was driven almost entirely by BlackRock's ETHB.
Bitwise is liquidating six crypto option ETFs that offered 25% payouts while returning investors’ own capital
Bitwise is liquidating six crypto option-income ETFs that reported 0% SEC yields and largely returned investors' own capital through payouts.
How thin weekend Bitcoin liquidity turns minor geopolitical news into massive Monday price gaps for ETF holders
Thin weekend Bitcoin liquidity and 24/7 global trading can cause major price gaps for US-listed ETFs when markets reopen on Monday.
Digital asset SPAC delays crucial merger vote, leaving a deeply undercapitalized Old Glory Bank waiting on a $50M lifeline
Digital Asset Acquisition Corp. postponed its shareholder vote on the Old Glory Bank merger to August 14, leaving financial details and capital shortfalls unresolved.
Strategy holds STRC dividend at 12%
Strategy has decided to maintain its STRC preferred stock dividend at 12% for August, despite the stock trading below par.
Iran-linked exchange sent $676 million to Binance in alleged sanctions-evasion operation: Reuters
An unlicensed Dubai crypto exchange allegedly funneled millions from Iranian networks and the IRGC to Binance, sparking regulatory investigations.
Onchain, In Court: What Happened In Crypto Legal News This Week
This week's crypto legal news covers Michelle Bond's attempt to preclude her husband Ryan Salame's guilty plea, George Santos's CFTC penalty over Kalshi bets, and a U.S. soldier's motion to dismiss Polymarket insider trading charges.
One public crypto firm just staked its way to breaking even, but a $50M paper loss and 66% dilution threat tell a darker story
Stablecoin Development Corporation reported that its staking revenue matched cash operating costs, but faced a massive paper loss and dilution risks.
Bitcoin cold-wallet attack spreads to 4,500 addresses as losses near $89 million
A vulnerability in a 2021 Coldcard firmware release has led to attacks draining $89 million from thousands of bitcoin addresses.
Moonbeam just halted all user transactions, leaving late GLMR holders at mercy of an email helpdesk to recover funds
Moonbeam has halted all user transactions as its migration window closed, leaving late GLMR holders to rely on manual email helpdesk reviews.
BNB Chain ‘pursuing legal action’ against former employee over memecoin launched from tutorial wallet
BNB Chain is taking legal action against a former employee who allegedly used a tutorial wallet's seed phrase to launch a profitable copycat memecoin.
A major Japanese Bitcoin mining pool just pulled the plug on its Bitcoin service just as 3 mega-miners claimed 60% of the network
SBI Crypto shut down its Bitcoin mining service in Japan as its hashrate plummeted, coinciding with top miners controlling over 60% of the network.
Pi Coin Defies Market Trend Before Key Deadline: Will the 10% Bounce Hold?
Pi Coin rose 8% and trended on CoinGecko ahead of the August 11 node update deadline, despite broader market headwinds and token unlocks.
Louisiana just armed crypto ATM users with a legal cheat code to demand full refunds from unlicensed operators
Louisiana's Act 482 allows users to demand full refunds from unlicensed crypto ATM operators starting August 1.
If the Fed trusts this single 2.2% metric, Bitcoin could break $65.3k and ignite a path to $68k
Bitcoin hovers near $63,000 as traders weigh conflicting Federal Reserve inflation metrics to predict upcoming interest rate decisions.
Tokenized stock trading surged 288% in July, but one QQQ token drove most of it
Tokenized stock trading reached a record $11.3 billion in July, though a single Binance QQQ token drove most of the volume.
CZ Says Bear Market Money is Hunting, Social Capital Founder Says Skip AI Chips
Binance founder CZ notes abundant liquidity during the bear market, while Social Capital founder Chamath Palihapitiya focuses on land and power infrastructure instead of AI chips.
Tether claims $1.5B profit, but hidden math reveals a $4.2B hit that halved its safety cushion in 90 days
Despite claiming a $1.5 billion operating profit, Tether's reserve reports reveal a hidden $4.2 billion financial hit that halved its safety cushion in 90 days.
Russian decree bans crypto mining across Moscow region through 2032
The Russian government issued a decree banning cryptocurrency mining in Moscow and surrounding regions until the end of 2032 to prevent power shortages.
Bank of Italy research suggests stablecoins aren't necessarily cheaper for remittances
A Bank of Italy study reveals that stablecoin remittances are often not cheaper than traditional transfers due to exchange fees and foreign exchange spreads.
Bitcoin mining difficulty shrinks 14% from this year's high as plunging revenues force operators to pivot
Bitcoin mining difficulty has dropped 14% from its yearly peak due to declining revenues, poor economics, and operators shifting resources toward artificial intelligence.
SEC to review Nasdaq bitcoin options approval after CME challenge
The SEC has frozen Nasdaq's approval of bitcoin options following a legal challenge from CME Group over regulatory jurisdiction.
Crypto PAC Pours Another $1M into Michigan House Race
Protect Progress PAC has invested over $2 million into media ads for Michigan Representative Shri Thanedar's primary campaign.
Why a guaranteed 4.47% yield on $44 billion of US debt just raised the hurdle for Bitcoin
A recent US Treasury auction offering a 4.47% yield on $44 billion of debt has significantly raised the return hurdle for Bitcoin.
MicroStrategy Post-Earnings CLARITY Act Push Could Add New Catalyst for Its Stock
MicroStrategy endorsed the CLARITY Act following a major quarterly loss, aiming to boost institutional adoption and lower its capital costs.
If Bitcoin breaks $62k over the weekend, a $1.1B short overhang stands ready to pull price down to $60k
Bitcoin faces a crucial weekend test near $62,000, with a massive $1.1B options overhang threatening a drop to $60,000.
Why CME wants phone traders slinging leveraged Nvidia contracts at 3 AM after earnings drop
CME is relaunching single-stock futures for major companies like Nvidia to capture the growing demand for round-the-clock leveraged trading.
Solana Foundation's new CISO warns AI is making crypto scams more convincing
Solana Foundation CISO Michael Coates warns that AI-driven social engineering and deepfakes are making cryptocurrency scams increasingly convincing.
Everyone has the perps convergence backwards
While crypto is thought to be mimicking Wall Street, traditional assets are actually migrating onto crypto-native perpetual futures market structures.
South Korea’s 22% Crypto Tax Crashes Trading Volume
South Korea confirmed a 22% crypto tax starting in 2027 as trading volume across its five main exchanges plunged nearly 55%.
BNB Chain Sues Ex-Employee Over A Tutorial Wallet That Became a Meme Coin
BNB Chain is suing a former employee who retained wallet keys from a training video and launched an unauthorized meme coin.
Bitcoin just slept through Japan’s rate decision, but a swollen yen short is quietly threatening a massive margin call
Bitcoin remained calm during the Bank of Japan's rate decision, but growing yen short positions pose a hidden margin call risk.
Wall Street is sitting on a $16.3 billion Bitcoin loss, and an August 14 deadline will expose who is quietly fleeing
Bloomberg Intelligence estimates US spot Bitcoin ETFs are facing $16.33 billion in unrealized losses, with upcoming August 14 filings revealing institutional moves.
Russia Expands Crypto Mining Ban to Moscow
Russia has added Moscow, the Moscow Region, and parts of Kursk Region to its cryptocurrency mining ban list through 2032 due to power supply concerns.
Why 110 corporate blockchains are headed for a massive shakeout – and Coinbase’s secret plan to absorb them
Coinbase CEO Brian Armstrong predicts a major consolidation among over 100 corporate blockchains, positioning Base to absorb them.
America Broke a 28-Year Rule to Save the Yen and Bitcoin Felt It First
The US intervened in currency markets to support the Japanese yen for the first time since 1998, triggering a drop in Bitcoin due to unwinding carry trades.
Galaxy Maps Coldcard Bitcoin Losses After Wallet Incident
Galaxy Research estimates that 1,196 addresses lost about $70 million in Bitcoin during a security incident linked to a Coldcard wallet firmware bug.
Binance founder CZ calls for wallet diversification after $70 million Coldcard exploit
Binance founder Changpeng Zhao has advised crypto users to diversify across multiple wallets following a $70 million Coldcard security breach.
Bitcoin miners saved Texas power grid from collapse, but their lucrative pivot to AI is stripping away the emergency brake
Bitcoin miners have historically acted as an emergency brake for the Texas power grid by curtailing operations during high demand, but their shift toward AI threatens this stability.
$70 Million Gone in 40 Minutes: CZ Weighs in on Coldcard Fallout
Changpeng Zhao warned Bitcoin holders that hardware wallets can fail following a Coldcard firmware bug that allowed thieves to steal $70 million.
Coinbase spent 5 years building a life raft away from Bitcoin and still managed to lose $359M
Despite diversifying its revenue streams away from Bitcoin spot trading, Coinbase reported a $359.5 million net loss amid a challenging quarter.
Bitcoin ETFs Post First Monthly Inflow Since April
US-listed spot Bitcoin ETFs ended July with a modest $172.4 million in net inflows, breaking a two-month streak of outflows.
XRP Ledger Upgrade Could Make Owning XRP Optional: Will Demand Fall?
A proposed XRP Ledger upgrade could allow banks to cover network costs, potentially making XRP ownership optional for users.
George Santos Kalshi Bet Cost Him $35,000: Who Caught Him First?
George Santos was fined $35,000 by the CFTC for betting against himself on the Kalshi prediction market.
XRP Ledger upgrade brings back features once pulled over critical bugs
The upcoming xrpld 3.3.0 upgrade for the XRP Ledger introduces five proposed amendments, including revised versions of two features previously withdrawn due to critical security bugs.
How bitcoin cold wallets lost $70 million in an attack that never touched the devices
An attacker drained $70 million from nearly 1,200 Coldcard wallets by exploiting a firmware flaw to recreate private keys offline without touching the hardware.
Pump.fun Layoffs Spark Fury After Workers Miss Million-Dollar Token Payouts
Former Pump.fun employees allege they were laid off just months before their lucrative token vestings, right before executives unlocked massive allocations.
From crypto treasury to AI data centers: Inside the aggressive 4,375 ETH selloff that just hit a massive collateral wall
Japan-listed Quantum Solutions expanded its Ether selling limit to 4,375 ETH to fund AI data centers, hitting a collateral wall.
Why DeFi giant Aave is pulling the plug on six hyped blockchains making less than $5,000 a quarter
Aave is planning to wind down its V3 deployments on six underperforming blockchains due to high operational costs exceeding revenue.
Coldcard Bitcoin Thief Likely Used Top Blockchain Services Provider: Report
Reports indicate the hacker who stole over $70 million in Bitcoin via a Coldcard exploit likely used a major blockchain services provider.
Bitcoin holds July gain as 'forced-selling fuel was already spent,' analysts say
Bitcoin is on track to finish July up about 7.5% as analysts note that previous market liquidations largely prevented further forced selling.
The free ride for VanEck’s Bitcoin ETF is officially over after falling $1.4 billion short of growth target
VanEck's Bitcoin ETF has ended its zero-sponsor-fee period after failing to reach its $2.5 billion growth target.
Former Rep. George Santos agrees to pay $35,000 in CFTC settlement over Kalshi SOTU SOTU bet
Former U.S. Rep. George Santos settled with the CFTC for $35,000 over manipulative trading related to a prediction market bet on Kalshi.
Bitcoin losses linked to Coldcard vulnerability grow to $70 million, Galaxy Research says
Galaxy Research reported that nearly 1,200 addresses lost over $70 million in Bitcoin due to a security vulnerability affecting Coldcard hardware wallets.
Bank of Italy: Fiat Infrastructure Limits Stablecoin Remittance Efficiency
A Bank of Italy study revealed that stablecoin remittances lack a consistent cost or speed advantage due to fiat on- and off-ramp frictions.