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Crypto News Aggregator (Page 71)

Crypto firms are still seeking frontier AI access, only a select few have it
Crypto firms are struggling to access advanced AI models for security, creating a divide as only a few have obtained them.
Bitcoin losses from Coldcard hack could swell to $130 million, Galaxy Research says
Galaxy Research estimates Bitcoin losses from a Coldcard hack could reach $130 million, with ongoing attacks potentially increasing the total.
A new Solana proposal would take daily SOL burns from $47,000 to $650,000
A Solana proposal aims to significantly increase daily SOL burns and reduce new SOL issuance, but needs more validator support to proceed to a vote.
Bitcoin nears $64,000 as traders look past the fourth Coldcard sweep
Bitcoin rebounded to nearly $64,000 during Asian trading hours, recovering key levels despite ongoing concerns regarding unresolved Coldcard wallet sweeps.
A bitcoin wallet dormant since 2013 moved $31 million, and it's not the only one
A 12-year-old bitcoin wallet transferred 500 BTC amid a wider wave of dormant coin movements triggered by security concerns.
Coldcard Bitcoin theft tops $100M across 3 confirmed attack waves: Galaxy
Galaxy Research reports that confirmed Bitcoin thefts involving Coldcard wallets have surpassed $100 million across three major attack waves.
NEAR co-founder proposes protocol sovereign fund for long-term sustainability
NEAR co-founder Illia Polosukhin has proposed creating a protocol sovereign fund to improve network tokenomics and fund public goods.
BitMine Stakes 87% of Its Ethereum Holdings in Fresh Conviction Bet
Tom Lee's BitMine Immersion Technologies has staked an additional 150,120 Ethereum tokens, bringing its total staked holdings to 87.4% of its treasury.
Bitmine adds $19.6M in ETH, repurchases 4.5M shares
Bitmine Immersion Technologies purchased 10,399 Ether and repurchased 4.5 million shares, continuing its accumulation and stock-buyback strategy.
Mastercard completes BVNK acquisition to expand stablecoin payments infrastructure
Mastercard has finalized its acquisition of BVNK to enhance its stablecoin and tokenized asset payment infrastructure.
Mastercard completes $1.8B BVNK acquisition in stablecoin push
Mastercard has completed its $1.8 billion acquisition of stablecoin infrastructure company BVNK to enhance digital asset payment services.
Japan Stocks Shrug Off Yen Shock, But Kioxia Signals More Pain Ahead
Japanese markets remained resilient following a joint US-Japan yen intervention, though Kioxia's earnings miss highlights ongoing economic risks.
Solana Memecoin OnlyMarms is Outraising OnlyFans Subscriptions for a Marmot Study
A Solana meme coin called OnlyMarms has raised more funds for a long-running marmot study than its official OnlyFans campaign.
NYU Professor Says Watch Smaller AI Stocks When The Shakeout Hits
NYU professor Aswath Damodaran warns that smaller AI companies face the highest risk when a market shakeout occurs.
Malaysia Blockchain Week’s OnlyFans scandal, lonely heart scammed for $3.3M: Asia Express
This week's Asia Express covers a massive $3.3M romance crypto scam in Hong Kong, Malaysia Blockchain Week's OnlyFans controversy, and other regional crypto news.
Caleb & Brown expands to UK, betting on untapped crypto demand
Australian crypto brokerage Caleb & Brown has expanded its services into the UK to target untapped demand among high-net-worth investors.
Boltz pauses service after wave of AI-assisted hacking attempts
Non-custodial Bitcoin swap service Boltz has temporarily disabled its platform following a surge in sophisticated AI-assisted hacking attempts.
Hugging Face CEO Says China Now Winning the AI Race After OpenAI Hack
Hugging Face CEO Clement Delangue stated that China is leading the AI race, highlighted by its dominance in open-weight models following an OpenAI cyber incident.
Strategy sells $395 million in Bitcoin and MSTR stock to buyback $81 million in STRC and build cash reserve to $4 billion
Strategy sold Bitcoin and MSTR stock to buy back STRC shares, fund preferred dividends, and expand its cash reserve to $4 billion.
U.S. FBI intelligence agent arrested in connection with theft of $1 million in crypto
A top-secret-cleared U.S. FBI intelligence agent was arrested and fired for allegedly stealing about $1 million in cryptocurrency from investigated wallets.
Facing a severe cash crunch, Bitcoin miner Sphere 3D quietly prepares to dilute its shareholders by a staggering 50%
Bitcoin miner Sphere 3D has amended its at-the-market stock facility to raise up to $10.3 million, potentially diluting shares by over 50%.
Is SpaceX Stock a Buy Ahead of a $104 Billion Unlock? Elon Musk Answers
Elon Musk signaled confidence in SpaceX stock as it hit record lows ahead of a massive $104 billion share unlock.
‘We’ll Get Through This Bear Market,’ Says CEO of Bitcoin Treasury Company Strategy
Strategy CEO Phong Le remains confident that the Bitcoin treasury company will navigate the current bear market and outperform Bitcoin in the next bull cycle.
Blockchain Association counters National Sheriffs’ group claims as pivotal week for Clarity Act unfolds
The Blockchain Association defended the Clarity Act against criticisms from the National Sheriffs' Association, arguing the bill supports law enforcement and financial crime prevention.
DEXs capture record 24% of spot crypto trading as CEX volumes sink
Decentralized exchanges reached a record 24% of spot crypto trading volume as centralized exchange volumes declined significantly.
Corporate crypto accounts on HTX face a complete dead end with zero legal exit routes when EU sanctions strike on August 23
Upcoming EU sanctions against HTX will ban covered transactions on August 23, leaving corporate accounts with no legal exit paths.
Bessent’s top crypto adviser Tyler Williams exits US Treasury: Report
Tyler Williams, a key digital asset adviser to US Treasury Secretary Scott Bessent, has stepped down from his position.
FalconX cuts 10% of workforce amid prolonged crypto market slump: Report
Digital asset prime brokerage FalconX has laid off about 10% of its global workforce to prepare for an extended crypto market downturn.
Italy’s biggest bank just slashed its Bitcoin ETF call position by 99% to triple down on staked Ethereum
Intesa Sanpaolo significantly reduced its Bitcoin ETF call positions while tripling its staked Ethereum holdings in the second quarter.
Benjamin Cowen: Crypto Hasn’t Been This Cheap Since 2010, But It Might Drop Lower
Crypto analyst Benjamin Cowen notes that the market is at its cheapest relative to long-term trends since 2010, though further drops may occur.
Jim Cramer and Tom Lee Share a Bullish Call That Could Shape Investors’ Next Move
Tom Lee remains bullish on stocks toward 2027 while Jim Cramer recommends buying Amazon dips, despite Cramer's ongoing skepticism regarding Bitcoin.
American Bitcoin Reports Quarterly Loss But Boosts Bitcoin Stash
American Bitcoin reported a second-quarter loss due to dropping prices but increased its cryptocurrency holdings to 8,002 coins.
The 80-Day XRP Price Downtrend Meets a Wall of Korean Bids
XRP is showing signs of a potential trend reversal as strong buying pressure from South Korean exchanges meets declining selling momentum.
FBI agent accused of stealing $1 million in crypto, allegedly turned to ChatGPT for vacation plans
An FBI agent was arrested for allegedly stealing $1 million in cryptocurrency and using ChatGPT to plan a European getaway.
Kalshi CEO invokes Nasdaq, Uber and Airbnb in defense against New York lawsuit
Kalshi CEO Tarek Mansour defended his prediction market against a New York lawsuit by comparing its structure to Nasdaq and its regulatory battles to Uber and Airbnb.
Over 400 million locked XRP face a quiet October deadline as the Evernorth SPAC takes a $135,000 lifeline
Armada Acquisition Corp. II borrowed $135,000 from Arrington XRP Capital as over 400 million locked XRP await an October deadline.
Proof of Attendance Protocol is shutting down after 5+ years
The Proof of Attendance Protocol (POAP) is shutting down after five years of minting millions of collectable badges for crypto events.
Whale Bets $23 Million on Gold as Deutsche Bank Sees Fair Value at $4,700
A prominent crypto whale has reallocated $23 million into gold futures on Hyperliquid, aligning with Deutsche Bank's bullish outlook of a $4,700 fair value.
Researchers just uncovered 4,200 malicious smart contracts that successfully tricked 5,700 victims into signing away their crypto
Researchers linked 4,224 simulation-phishing contracts to 5,742 victims and up to $3.48 million in losses.
Crypto Clarity Act Risks More Delay As Recess Looms
The U.S. Crypto Clarity Act faces potential delays as lawmakers prioritize other legislation before the upcoming August recess amid ongoing partisan disagreements.
Jameson Lopp says Coldcard exploit exposes limits of Bitcoin’s ‘don’t trust, verify’ mantra
Jameson Lopp states that the major Coldcard exploit highlights the impracticality for most users to fully verify complex hardware and software.
Michael Saylor says he’s never sold his personal bitcoin after Strategy dumps more BTC
Michael Saylor clarified that he has never sold any of his personal bitcoin, even as his company Strategy reduced its holdings.
Kenya moves 30 million academic credentials onto Avalanche blockchain
Kenya's national exams council has migrated over 30 million academic records to the Avalanche blockchain to combat widespread certificate fraud.
Michael Saylor: I Never Sold Bitcoin, MicroStrategy Did
Michael Saylor clarified that while his company MicroStrategy sells Bitcoin to cover financial obligations, he has never sold any of his personal holdings.
California Wildfire Bets Expose Polymarket’s Dark Side
Democratic senators are urging the CFTC to ban betting on California wildfires on platforms like Polymarket due to arson risks.
Where did Trump Media’s 5,278 BTC go? Trackers spot $165 million Bitcoin transfer leaving just 3.43 BTC
Blockchain trackers noted massive Bitcoin movements from Trump Media-linked wallets, leaving an arithmetic remainder of just 3.43 BTC.
Using AI to Create Images? Europe Has a New Rule You Must Follow
The European Union has begun enforcing strict AI Act transparency rules, requiring mandatory disclosures and deepfake labels for professional use.
BlackRock launches tokenized money market funds for stablecoin reserves
BlackRock has launched two tokenized money market funds designed to serve as regulated reserve assets for stablecoins.
US Tech Stocks See Largest 5-Week Inflow in History: Can Nasdaq Break Its Downtrend?
US tech stocks have attracted a record five-week inflow, pushing the Nasdaq toward a critical resistance trendline after a recent correction.
Solana just boosted block capacity by a massive 66%, but the one bottleneck infuriating traders hasn’t budged
Solana increased its per-block compute ceiling by 66% to 100 million CUs, but the 12 million-CU per-account cap remains unchanged.
Trump-linked American Bitcoin president Matt Prusak departs for Giga Energy
Matt Prusak, president of the Eric Trump-backed miner American Bitcoin, is leaving to join AI and power infrastructure firm Giga Energy.
Hashdex to shut smallest Bitcoin ETF after more than two years
Hashdex is shutting down its smallest spot Bitcoin ETF after struggling to attract significant assets and liquidity.
Strategy Sells Bitcoin After Five Weeks Without Buying
Bitcoin treasury firm Strategy sold 1,638 BTC for roughly $104.7 million to fund preferred stock dividends and share buybacks.
Is Bitcoin Price Heading to $50,000? Analysts Warn About The Yen Pattern
Analysts are divided on whether Bitcoin could drop to $50,000 due to recent coordinated efforts by the US and Japan to defend the yen.
SanDisk’s Chart Just Repeated Its April 2025 Setup — Days Before Earnings
SanDisk's stock chart has mirrored its April 2025 technical setup as the company approaches its upcoming fiscal fourth-quarter earnings report.
Palantir Stock Could Swing 11% Tonight Even With a $1.9 Billion Beat
Palantir prepares to report second-quarter earnings, with options traders bracing for an 11% stock price swing despite anticipated strong revenue.
U.S.-Japan intervention revives yen carry trade fears for bitcoin
A coordinated U.S.-Japan intervention strengthened the yen, reviving fears of a carry trade unwinding that could pressure bitcoin.
How Coinbase plans to force-settle and instantly recreate institutional positions on Deribit within a 30-minute window
Coinbase plans to migrate institutional accounts to Deribit on September 9, involving a 30-minute downtime to force-settle and recreate positions.
Coldcard Bitcoin Theft Continues, Now Estimated Over $114 Million In Total Stolen
Hackers continue draining Coldcard wallets as total stolen Bitcoin funds surpass $114 million due to a critical firmware vulnerability.
BingX Appoints Kevin Lee as Chief Strategy Officer to Accelerate its Multi-Asset, User-Centric Vision
BingX has appointed Kevin Lee as Chief Strategy Officer to lead its multi-asset expansion and long-term platform strategy.
Circle slides after Morgan Stanley downgrade, cut in price target
Morgan Stanley downgraded Circle to underweight and slashed its price target to $38, citing slower USDC growth and rising competition.
Ripple Backs 2 UK Firms to Grow XRPL: What Does XRP Actually Get?
Ripple has acquired stakes in two UK firms, ZILO and Licuido, to enhance XRP Ledger's institutional infrastructure.
Bernstein sees another leg lower for crypto markets if Clarity Act stalls
Broker Bernstein warns that failure to pass the Clarity Act could trigger a short-term crypto selloff.
Tom Lee says ether outperformed Nasdaq 100 in July as Bitmine adds 10,399 ETH
Tom Lee highlighted ether's strong July performance as Bitmine Immersion Technologies expanded its ETH treasury to 5,797,813 tokens.
Arthur Hayes Buys 9.05 Million ENA Days Before Ethena’s $15 Million Unlock
Arthur Hayes has acquired 9.05 million ENA tokens just days ahead of Ethena's upcoming $15 million token unlock.
How Fake World Assets and onchain gacha became crypto’s latest craze
Fake World Assets and onchain gacha have become crypto's latest craze, driving massive Ethereum gas usage through gamified NFT spinning.
Kraken is force-selling 7 delisted tokens into dead markets, warning users insufficient liquidity could result in zero proceeds.
Kraken is automatically liquidating residual balances of seven delisted tokens, warning clients that thin liquidity may result in minimal or zero proceeds.
BlackRock expands tokenized cash with new blockchain-based money market offerings
BlackRock has launched new tokenized money market products on Ethereum and other blockchains aimed at stablecoin reserves.
Eric Trump’s American Bitcoin treasury tops 8,000 BTC as Q2 mining production hits record
American Bitcoin expanded its holdings to over 8,000 BTC after reporting a record-breaking second-quarter mining production of 932 BTC.
Infantino Wants to Collect on Trump’s World Cup Favor but Polymarket Says He’s 36% Out
FIFA President Gianni Infantino seeks political help from the Trump administration as Polymarket odds show a growing chance of his exit.