Cryptocurrency

1446 items in section

EDX Markets Secures $76M from SBI to Scale Institutional Crypto

A $76 million Series C infusion led by Japan’s SBI Holdings marks a significant push by EDX Markets to dominate institutional crypto infrastructure. The firm plans to leverage this capital to bolster its spot trading, perpetual futures, and clearing services as it attempts to bridge the gap between traditional finance and digital assets.

Secret Network Proposes Migration to Arbitrum Over Security Fears

A $4.7 million bridge exploit has prompted Secret Network to weigh an exit from the Cosmos ecosystem. Citing vulnerability to AI-assisted code analysis and shrinking liquidity, developers are proposing a migration to Arbitrum, a move that would see the creation of a new ERC-20 token and a hard snapshot of holdings.

Vanguard pivots to digital assets with search for new leadership

After years of maintaining a rigid distance from the cryptocurrency market, Vanguard is officially seeking a head of digital assets. The firm’s search for a high-level executive signals a strategic pivot toward blockchain infrastructure, tokenization, and stablecoins, marking a departure from its previously staunch resistance to digital asset products.

CFTC Charges North Carolina Operator in $14.8 Million Crypto Fraud

The Commodity Futures Trading Commission has launched a civil enforcement action against Trevor Vernon and his firm, Argent Capital Management, alleging a multi-year scheme that defrauded at least 60 investors out of nearly $15 million through fabricated performance reports and the misuse of client capital.

New Hampshire to Review $100M Bitcoin-Backed Bond Proposal

State officials will convene on July 8 to evaluate a proposed $100 million Bitcoin-backed bond, a move that tests the intersection of traditional municipal finance and digital assets. The Business Finance Authority structure aims to facilitate investment without exposing taxpayers to the inherent volatility of cryptocurrency markets.

Polymarket integrates Lightning Network for instant Bitcoin deposits

Traders on Polymarket can now bypass traditional blockchain confirmation delays by using the Lightning Network. Through a new integration with the payment protocol Spark, the prediction platform enables near-instant, self-custodial Bitcoin deposits, allowing users to capitalize on fast-moving market shifts without waiting for standard on-chain processing.

Nigel Farage resigns Clacton seat amid scrutiny over crypto donations

Nigel Farage has resigned as the MP for Clacton, triggering a snap by-election to seek a fresh mandate from voters. The Reform UK leader faces intensifying parliamentary scrutiny over millions of dollars in gifts received from figures linked to the cryptocurrency industry, including donors Christopher Harborne and George Cottrell.

Kraken Wins $22M Arbitration Award Against Former Auditor Mazars

Kraken has secured a $22 million arbitration award against Mazars USA after the firm abruptly withdrew from a near-complete 2022 audit. Co-CEO Arjun Sethi described the move as part of a broader, politically motivated campaign to isolate digital asset firms from essential financial services, often dubbed Operation Chokepoint 2.0.

Bitcoin Suisse Secures Abu Dhabi License for UAE Expansion

With the receipt of full Financial Services Permission from Abu Dhabi Global Market, Swiss crypto firm Bitcoin Suisse is positioning itself to capture the UAE's institutional market. The move follows a rigorous multi-stage review, granting the company authorization to provide spot trading, custody services, and derivatives to eligible regional clients.

SEC Unveils 2026 Roadmap for Crypto Market Oversight

The U.S. Securities and Exchange Commission is sharpening its regulatory focus on digital assets, adding three major rule proposals to its 2026 agenda. These measures aim to codify how crypto assets are issued, traded, and managed by financial firms, even as legislative efforts on Capitol Hill remain in a state of flux.

Mizuho Maintains Outperform Rating on Strategy Despite Price Target Cut

Mizuho has adjusted its price target for Strategy to $213 from $265, yet the firm continues to maintain an outperform rating on the stock. This revision follows the company’s recent sale of 3,588 Bitcoin, a move analysts suggest may ultimately bolster the firm's financial stability and S&P 500 inclusion prospects.

Ripple Secures Full MiCA Approval in Europe as XRP ETF Inflows Hold

With $1.49 billion in cumulative net inflows over eight consecutive weeks, institutional appetite for XRP remains robust even as the token navigates a minor price correction. This financial momentum now aligns with a significant regulatory milestone that grants the company broad access to the European Economic Area.

XRP Ledger Nears Upgrade Threshold as Validator Adoption Hits 55%

With over 55% of trusted validators now running the xrpld v3.2.0 software, the XRP Ledger is edging toward a significant network upgrade. While the transition marks a major infrastructure shift, including the official rebranding of the core server software, the protocol must still secure broader consensus to finalize its latest security-focused amendment.

Wall Street Banks Set High Targets for SpaceX Ahead of Nasdaq Debut

As SpaceX prepares to join the Nasdaq-100 Index, major financial institutions are betting on the aerospace firm's long-term growth. Morgan Stanley has issued a $300 base-case price target, headlining a wave of bullish coverage from Goldman Sachs, Citigroup, and UBS that emphasizes the company's dominance in space infrastructure and AI.

Grayscale: Strategy’s Bitcoin Sell-off Strengthens Balance Sheet

The recent $216 million Bitcoin sale by Strategy has drawn sharp criticism, but Grayscale Research argues the move is a strategic fortification rather than a sign of distress. By bolstering cash reserves, the company is insulating its balance sheet against volatility and securing its long-term dividend obligations.

BlackRock ETF Inflows Signal Institutional Bitcoin Resurgence

A sharp $209.4 million influx into BlackRock’s iShares Bitcoin Trust on July 7 has broken a weeks-long trend of stagnant institutional activity. This surge, part of a broader $265.7 million daily total for U.S. spot Bitcoin ETFs, provides critical support for the cryptocurrency as it climbs toward $65,000.

Tether injects $20 million into Brazil's Mercado Bitcoin

Tether is funneling $20 million into Mercado Bitcoin, a key maneuver aimed at accelerating the adoption of tokenized assets and blockchain-based lending throughout Latin America. The investment signals a strategic shift for the stablecoin issuer as it seeks to integrate its technology into regulated financial infrastructure across the region.

EU Parliament signals expansion of crypto oversight beyond MiCA

European lawmakers have formally requested a regulatory review of decentralized finance, staking, and non-fungible tokens, signaling that the bloc’s current crypto framework may soon face significant expansion. The move aims to close gaps in the existing Markets in Crypto-Assets regulation as the industry adjusts to newly enforced licensing requirements.

Ctrl Wallet to Cease Operations Following Security Breach

Ctrl Wallet will permanently shutter its services on August 3, leaving users with less than a month to migrate their digital assets. The decision follows a recent exploit targeting Cardano-based wallets and comes as the broader cryptocurrency sector grapples with an ongoing surge in security incidents and bridge vulnerabilities.

The High Cost of Crypto's Invisible Plumbing

Cross-chain bridges serve as the essential, yet perilous, connective tissue of the blockchain ecosystem. By enabling value to flow between otherwise isolated networks, these protocols manage tens of billions in assets—and have become the primary target for the industry’s most catastrophic, multi-billion dollar hacks.

AEREDIUM Joins $5.4B Alba Bay Project to Stress-Test RWA Settlement

AEREDIUM has entered the Lava Tokenization Sandbox, a collaborative effort with the Lava Foundation and Bretagne Holding Limited, to bridge the gap between traditional finance and digital assets. By using the $5.4 billion Alba Bay development as a testing ground, the partners aim to solve the persistent challenge of seamless, multi-asset payment settlement.

Bitcoin Struggles at $64K Barrier Amid Geopolitical and Macro Uncertainty

Conflict lead: Bitcoin faces a critical test at $64,000, caught in a tug-of-war between renewed institutional ETF inflows and mounting fears over rising oil prices. While traders anticipate Federal Reserve guidance, a bearish divergence on shorter timeframes suggests the recent 10% recovery may be losing its underlying momentum.

Navigating Crypto Presales: A Guide to Security and Utility

Investing in early-stage crypto projects offers the potential for significant returns, yet it demands a disciplined focus on fundamental security. While the market is rife with speculative assets, projects that prioritize audited smart contracts and tangible utility provide a clearer path for those seeking to mitigate risk.

Peter Schiff Labels Strategy a Ponzi Scheme After $216M Bitcoin Liquidation

Critic Peter Schiff has branded Strategy a “mid-cycle Ponzi” following the company’s decision to liquidate 3,588 BTC for $216 million. The funds are earmarked for dividend payments tied to its Digital Credit securities, marking a shift from the firm’s long-standing strategy of aggressive, debt-fueled Bitcoin accumulation.

Coinbase Secures UK Approval to Launch Equities and Derivatives

Coinbase has obtained UK investment services authorization, a move that signals the platform’s transition from a crypto-exclusive exchange to a broad financial hub. This regulatory green light enables the company to offer derivatives and traditional equities alongside its digital asset services under a single, unified account structure.

Galaxy Digital pivots Helios site from Bitcoin mining to AI compute

A former Bitcoin mining site in West Texas has officially entered the artificial intelligence race. Galaxy Digital confirmed the completion of the first phase of its Helios data center, delivering 133 megawatts of critical power to CoreWeave under a long-term lease that marks the campus's transition into a revenue-generating facility.

Euro stablecoins surge 128% as MiCA compliance reshapes EU market

The market capitalization of MiCA-compliant euro stablecoins climbed to $673.9 million by late June 2026, marking a 128% increase over the preceding year. While this growth signals a shift toward regulated digital assets, these tokens remain a fraction of the broader stablecoin sector dominated by dollar-pegged giants.

Digital Chamber Challenges Lawsuit Over 3.7 Million Dormant Bitcoin

The Digital Chamber has intervened in a New York legal battle over 39,069 dormant Bitcoin wallets, warning that a bid to seize billions in assets could dismantle fundamental digital property rights. The trade group’s brief argues that treating inactive self-custody addresses as abandoned property creates a dangerous precedent for all investors.

RealFi Opens Testnet for 9% Yield-Bearing Stablecoin

With promises of up to 9% APY, RealFi has launched a public testnet for its USDr stablecoin infrastructure. The project attempts to bridge the gap between traditional fixed-income assets and decentralized finance, allowing users to earn returns from money market funds and corporate bonds rather than inflationary crypto incentives.

Tether Returns USDT to Bitcoin via RGB Protocol

After an eight-year development cycle, Tether is bringing its flagship stablecoin back to the Bitcoin blockchain. The company confirmed a partnership with software firm UTEXO to issue USDT natively using the RGB protocol, with a commercial rollout expected to hit the market within the coming weeks.