Cryptocurrency

1443 items in section

Circle Pairs With Kakao and Toss to Pilot Korean Stablecoin Infrastructure

Circle has signed separate memorandums of understanding with Kakao Group and fintech operator Toss to explore the integration of stablecoin payments and blockchain settlement within South Korea, marking a strategic push to align USDC infrastructure with the country’s evolving digital asset regulatory framework.

Louisiana Pension Fund Increases MicroStrategy Stake

The Louisiana State Employees’ Retirement System has expanded its indirect exposure to Bitcoin, increasing its holding in MicroStrategy to 21,300 shares. Regulatory filings reveal the $16.3 billion pension fund added 700 shares during the second quarter, signaling a continued, albeit modest, commitment to the software company’s crypto-heavy balance sheet.

Revolut hits $115 billion valuation in secondary share sale

Revolut has surged to a $115 billion valuation following a new secondary share sale that prices individual units at $2,017. This latest transaction offers employees and existing shareholders a significant liquidity event, pushing the fintech firm’s private market value well beyond that of traditional banking giants like Barclays.

Zilliqa halts native transactions after Ledger app flaw exposes keys

A critical vulnerability in the Zilliqa Ledger application has forced the network to suspend native ZIL transactions, as researchers confirmed that flawed signature generation allowed attackers to reconstruct private keys. The security breach, which persisted for years, leaves any account with roughly five or more native signatures permanently compromised.

Hester Peirce Warns Crypto Vaults May Face SEC Oversight

Moving financial activities to a blockchain does not grant immunity from federal regulation. Securities and Exchange Commission Commissioner Hester Peirce warned on July 22 that crypto vaults and onchain lending platforms may fall under existing securities laws, depending on how operators structure their management and investment strategies.

Physical Crypto Attacks Surge as Financial Stakes Hit $124 Million

Fifty-two verified "wrench attacks" occurred globally in the first half of 2026, marking a 33% increase in frequency and a staggering 1,079% jump in financial exposure. According to CertiK, the trend highlights a dangerous shift as criminals bypass digital encryption by targeting the physical safety of crypto holders.

Payward Taps GTN to Take Tokenized xStocks Global

With over $37 billion in transaction volume already processed, Payward is moving its xStocks platform beyond U.S. borders. By partnering with fintech provider GTN, the Kraken parent aims to tokenize equities across more than 90 international markets, starting with assets listed in Hong Kong to challenge traditional financial fragmentation.

Crypto Industry Generates 232,000 U.S. Jobs and $55 Billion in GDP

With 232,000 jobs supported across the national economy, the cryptocurrency sector is carving out a significant niche in the American labor market. A new report commissioned by the National Cryptocurrency Association projects the industry will contribute $55 billion to the U.S. gross domestic product by the end of 2026.

Crypto PAC injects $1M into Michigan primary to protect Thanedar

A political action committee linked to the crypto industry has poured nearly $1 million into Michigan’s 13th Congressional District, launching a dual-pronged campaign to bolster incumbent Representative Shri Thanedar while funding attack advertisements against his primary challenger, state Representative Donavan McKinney.

AFX Bridge Drain Leads to $24.15M Loss and Massive ETH Conversion

A security breach targeting a third-party bridge operated by the trading protocol AFX resulted in the theft of $24.15 million in USDC on July 22. The attacker swiftly moved the illicit funds across chains, converting the stablecoin into 12,467.5 ETH, leaving the protocol’s infrastructure under intense scrutiny.

Japan eyes 2028 launch for first Bitcoin ETFs

Japan is moving to integrate cryptocurrency into its formal financial system, with regulators aiming to clear the way for Bitcoin exchange-traded funds by 2028. The shift marks a transition in how the country classifies digital assets, moving them from payment tools toward recognized financial investment products.

S&P and Pantera Launch Revenue-Focused Crypto Index Excluding Bitcoin

S&P Dow Jones Indices and Pantera Capital have unveiled an 18-asset benchmark that strips away Bitcoin and XRP, favoring blockchain networks based on protocol revenue. By shifting the focus from market capitalization to tangible fee generation, the index aims to mirror traditional equity metrics for professional digital asset portfolios.

UK Treasury faces payment hurdle for 2027 sovereign digital bond

The UK Treasury has set a Q1 2027 deadline for its inaugural tokenized sovereign bond, but the project hinges on a critical technical gap: the absence of a unified, regulated on-chain mechanism to settle the cash leg of the transaction alongside the digital security.

Tesla Retains Bitcoin Reserve Despite $112 Million Mark-to-Market Loss

Tesla held its position of 11,509 Bitcoin steady through the second quarter, opting against liquidating assets despite a $112 million after-tax loss caused by crypto market volatility. The company’s decision maintains a holding pattern that has persisted since the major sell-off of its original crypto reserves in 2022.

Grayscale: Federal Reserve policy may signal a Bitcoin bottom

Bitcoin’s sharp retreat from its $125,000 cycle peak could reach a definitive floor if the Federal Reserve halts its interest rate hikes. Zach Pandl, head of research at Grayscale, suggests that shifting macroeconomic conditions are now more critical to the asset's recovery than historical four-year cycle patterns.

SEC Pressed to Differentiate Between Official and Third-Party Tokens

Two securities transfer groups are urging the SEC to establish a clear regulatory divide between issuer-backed tokens and unauthorized third-party versions. They warn that unaffiliated products—which often lack a direct legal link to the underlying company—risk undermining shareholder protections, voting rights, and the integrity of corporate record-keeping.

Senate Democrats Stall CLARITY Act Over Enforcement Skepticism

A 15-percentage-point drop in 2026 passage odds for the CLARITY Act signals that President Donald Trump’s recent concession on crypto ethics has failed to break the legislative deadlock. Democratic resistance, led by Senator Angela Alsobrooks, centers on the bill's reliance on the Department of Justice to police potential conflicts of interest.

Polymarket Challenges French Ban as Global Regulatory Scrutiny Intensifies

Five days after French authorities ordered internet service providers to block access to Polymarket, the crypto-based prediction platform is fighting back. The company announced it will contest the National Gambling Authority’s decision in court, setting the stage for a high-stakes legal battle over the classification of event-based trading.

Bitcoin slips below $66K as geopolitical friction spurs inflation fears

Donald Trump’s warning to target Iranian infrastructure, coupled with the collapse of the Islamabad Memorandum, has sent oil prices surging above $95 per barrel. This sudden geopolitical volatility is forcing traders to recalibrate their outlook on Federal Reserve interest rates, dragging Bitcoin down to $65,700 in the process.

White House accuses Moonshot AI of illicit model distillation

Michael Kratsios, director of the White House Office of Science and Technology Policy, has accused Beijing-based Moonshot AI of surreptitiously utilizing proprietary technology from Anthropic to develop its Kimi K3 model. The allegations follow the Chinese system’s recent surge to the top of the Frontend Code Arena benchmark.

SEC to Pay Coinbase $150,000 Over Lost Gensler Text Messages

The U.S. Securities and Exchange Commission has agreed to a $150,000 settlement with Coinbase after failing to preserve nearly 11 months of text messages from former Chair Gary Gensler. The deal brings a long-standing Freedom of Information Act lawsuit to a close, forcing the regulator to overhaul its internal record-retention policies.

Bitget Targets U.S. Market Entry Independent of CLARITY Act Progress

With or without the proposed CLARITY Act, Bitget is moving forward with plans to enter the United States market. CEO Gracy Chen confirmed the exchange has abandoned its previous sideline strategy, shifting focus toward securing necessary money-transmitter, derivatives, and broker-dealer licenses for a standalone American entity.

South Korea launches 9.6 billion won CBDC payment initiative

South Korea has kicked off a 9.6 billion won project to integrate deposit tokens into everyday retail payments, signaling a shift from experimental wholesale trials toward public use. The initiative leverages existing banking infrastructure to lower transaction costs for small merchants without requiring a complete hardware overhaul at point-of-sale terminals.

BscScan maintenance forces users to alternative data providers

BNB Chain users face a temporary loss of visibility into on-chain activity as BscScan, the network’s primary block explorer, undergoes scheduled maintenance. Starting July 22 at 6:00 a.m. UTC, the three-to-four-hour service window affects website and API access, though the underlying blockchain remains fully operational and continues processing transactions as usual.

DOJ Targets $25M in Crypto Linked to International Fraud Networks

The U.S. Department of Justice has moved to forfeit more than $25 million in cryptocurrency tied to five distinct international fraud operations. These cases, which targeted victims across the United States and Canada through elaborate investment and romance scams, highlight the reach of syndicates operating out of Southeast Asia.

Coinbase Scales Everything Exchange Strategy to Canada

Coinbase is moving to expand its Canadian footprint by transitioning from a dedicated crypto exchange into an integrated financial platform. The company plans to introduce tokenized stocks and advanced payment services, aiming to provide local users with a single application for diverse financial management, pending ongoing regulatory discussions.

Uphold Adds 4,000 U.S. Securities to Crypto Trading Interface

Uphold is streamlining the investment process for U.S. customers by integrating more than 4,000 stocks and exchange-traded funds directly into its crypto platform. This expansion allows users to fund equity purchases using cryptocurrency, bridging the gap between digital assets and traditional securities through a single, unified transaction flow.

Ramp Integrates Solana Stablecoins for 24/7 Corporate Payments

Ramp has integrated Solana-powered stablecoin accounts into its business platform, allowing firms to hold USDC and USDT for international settlements. This move bypasses traditional banking hours, enabling companies to execute cross-border vendor payments to over 140 countries while maintaining existing accounting and approval workflows.

Galaxy Digital Launches $5 Million Fund for Bitcoin Quantum Readiness

With roughly 6.9 million Bitcoin theoretically at risk from future quantum computing, Galaxy Digital has unveiled a $5 million initiative to fast-track the development of cryptographic defenses. The program aims to address the network's notoriously slow upgrade cycle before quantum threats move from academic theory to commercial reality.

Satsuma Technology shareholders vote to liquidate Bitcoin and delist

More than 90% of shareholders have voted to dismantle Satsuma Technology’s Bitcoin treasury, effectively ending the firm’s run as a publicly traded digital asset vehicle. The decision mandates the sale of 668 BTC and a full capital distribution, reversing a strategy that raised $218 million just one year ago.