Cryptocurrency

2786 items in section

EU Authorizes Nationwide Crypto Bans to Curb Sanctions Evasion

The European Union has moved to tighten its financial net against Russia, granting itself the power to blacklist entire countries if their crypto sectors systematically facilitate sanctions evasion. This legislative pivot follows the adoption of the bloc's 21st sanctions package, which also immediately cuts ties with 14 specific foreign platforms.

Circle’s EURC Stablecoin Surpasses €400 Million in Circulation

The supply of Circle’s euro-backed stablecoin, EURC, has more than doubled over the past year to exceed €400 million. This growth marks a shift in the digital asset landscape, as institutional platforms and payment networks increasingly adopt the token for treasury operations and cross-border settlement within the European Union.

Ethereum's Glamsterdam Upgrade Risks Breaking Wallet Gas Estimators

The Ethereum Foundation is warning developers that the upcoming Glamsterdam upgrade will invalidate hardcoded gas assumptions, potentially causing wallets, indexers, and gas estimation tools to fail. With the fork set to activate on the Platåberget testnet on August 20, the shift necessitates an urgent review of how applications calculate transaction costs.

BitMine Adds 9,926 ETH, Inches Toward 5% Supply Target

BitMine Immersion Technologies expanded its Ethereum treasury by 9,926 tokens in the week ending August 16, bringing its total holdings to 5,815,164 ETH. This latest acquisition moves the company closer to its self-imposed objective of controlling 5% of the total Ethereum supply, a goal the firm labels the “Alchemy of 5%.”

CFTC Weighs Public Input on AI Compute Futures

The U.S. Commodity Futures Trading Commission is moving to solicit public feedback on futures contracts tied to artificial intelligence computing capacity. This regulatory step, currently under review by the White House, arrives as CME Group targets an October 5 launch for products priced against Silicon Data’s GPU rental benchmarks.

Compound pivots to institutional credit with $52 million development push

The Compound Foundation is mounting a significant strategic pivot toward institutional finance, securing DAO approval for a $52 million development program designed to integrate real-world assets and bank-grade lending infrastructure. This initiative marks the largest capital allocation in the protocol's history as it seeks to reclaim lost market share.

Crypto Ponzi suspect deported from Fiji to face 25 federal charges

Edward Zimbardi returned to U.S. custody on August 14 after Fijian authorities deported him to answer for an alleged $165 million cryptocurrency fraud. The 59-year-old Georgia resident now faces 25 federal counts, including wire fraud and money laundering, stemming from his operation of the defunct investment platform, The Crypto Program.

Neynar seeks new operator for Farcaster seven months after acquisition

Less than seven months after taking control of the decentralized social protocol Farcaster, Neynar is searching for a new team to manage the platform. Cofounder Rish Maheshwari announced the search on August 17, initiating a transition that also includes the token launch platform Clanker and Neynar’s developer tools.

Jane Street Reports Over $1 Billion in Bitcoin ETF Holdings

Quantitative trading giant Jane Street disclosed more than $1 billion in U.S. spot Bitcoin ETF shares as of June 30, 2026. The firm’s quarterly regulatory filing reveals a significant rebound in its holdings, with BlackRock’s iShares Bitcoin Trust accounting for the vast majority of that position.

Blockchain Association pushes SEC to overhaul legacy trading rules

The Blockchain Association has formally urged the U.S. Securities and Exchange Commission to rescind two provisions of Regulation NMS, arguing that rules drafted in 2005 for traditional stock exchanges now stifle the growth of tokenized securities and prevent the adoption of more efficient, automated settlement processes.

Ripple Secures First South Korean Regional Banking Partnership

Jeonbuk Bank has become the first regional institution in South Korea to integrate Ripple Payments, signaling a shift in how smaller lenders handle cross-border remittances. The partnership aims to replace sluggish correspondent banking with near-instant settlement, though both parties remain silent on specific transaction corridors or asset utilization.

Payward Deploys Anthropic’s Claude Mythos 5 for Security Audits

Payward, the parent company of cryptocurrency exchange Kraken, has joined Anthropic’s Project Glasswing to integrate the Claude Mythos 5 artificial intelligence model into its defensive cybersecurity operations. The initiative aims to automate the discovery of software vulnerabilities across the company’s infrastructure, shifting the balance from attackers to defenders.

World Liberty Financial Secures Conditional Federal Trust Charter

The Office of the Comptroller of the Currency has granted preliminary approval for World Liberty Trust Company to establish a national trust bank. The Florida-based entity intends to manage USD1 stablecoin reserves and provide digital asset custody, though it must meet significant preopening capital and regulatory requirements before launching operations.

Why seed-stage crypto startups shouldn't be measured by revenue

Varun Datta, CEO of Truth Ventures, is warning investors against applying traditional recurring revenue benchmarks to seed-stage crypto startups. As the industry grapples with a wave of project closures and bankruptcies, Datta argues that evaluating early-stage teams through the lens of established businesses ignores the fundamental realities of product development.

Cardano faces bearish pressure as Dijkstra roadmap fails to lift price

Cardano is struggling to maintain its footing near $0.17, with the token slipping 1% as traders weigh a new two-stage technical roadmap against a deteriorating chart structure. While the upcoming Dijkstra upgrade promises significant scaling improvements, the market remains focused on immediate support levels and heavy liquidation risks.

Fireblocks Hires Former SEC Chair Roisman to Lead Regulatory Strategy

Fireblocks has appointed former U.S. Securities and Exchange Commission acting chairman Elad Roisman as its chief regulatory and policy officer. Operating from Washington, D.C., Roisman will manage the company’s legal affairs and serve as the primary liaison to global regulators as institutional adoption of blockchain-based financial infrastructure accelerates.

Token Launch Platform Printr Shuts Down Operations

Printr will shutter its token launch platform by August 31, ending a short-lived venture that failed to secure the capital required for long-term survival. The company confirmed it will not hold a token generation event or distribute an airdrop, leaving users to manage their remaining on-chain assets independently.

Ethereum researchers eye privacy-focused upgrades for 2027

Ethereum researchers are pushing to prioritize two specific technical upgrades for the 2027 Hegotá fork, aiming to grant privacy pools the ability to cover their own transaction fees. By decoupling fee payments from third-party intermediaries, the proposed changes seek to reduce network reliance on external relayers and enhance transaction censorship resistance.

NAVI Protocol targets institutional capital with new Sui lending framework

NAVI Protocol has unveiled NAVI Prime, a specialized lending framework built on the Sui blockchain. The product aims to bridge the gap between institutional fund requirements and decentralized finance by offering enhanced transparency and granular control over capital management for professional market participants seeking onchain exposure.

JPMorgan Upgrades Riot Platforms Following Landmark AI Data Center Deal

Riot Platforms shares climbed 4.7% to $19.91 after JPMorgan raised its price target to $22, citing growing momentum from a massive $9.1 billion data center agreement. The deal, which reportedly involves Anthropic, marks a significant shift for the Bitcoin miner as it pivots toward high-performance computing infrastructure.

Pirated Copies of The Odyssey Used to Spread Lumma Stealer Malware

Cybercriminals are distributing the Lumma Stealer malware through fake, high-quality torrents of the film The Odyssey. By disguising malicious Windows executables as legitimate video files, attackers are targeting unsuspecting users to harvest sensitive data, including cryptocurrency wallet credentials, browser cookies, and saved passwords.

OpenAI and Nvidia bet $105 billion on Ohio mega-campus

A massive data center project is taking shape in Pike County, Ohio, where OpenAI has committed to a 20-year lease for 4.25 gigawatts of AI capacity. The facility, built on the site of a former gaseous diffusion plant, comes with $105 billion in financial guarantees from Nvidia.

SEC Eyes Regulatory Path for 24/7 Tokenized Stock Trading

The U.S. Securities and Exchange Commission is crafting an innovation exemption that could allow qualified platforms to trade tokenized versions of U.S. stocks around the clock. The initiative seeks to integrate blockchain-based markets into the existing financial system while maintaining federal oversight of custody, shareholder rights, and market integrity.

US Treasury Defines Jurisdictional Reach for GENIUS Act Stablecoin Rules

The U.S. Treasury Department has opened a 60-day public comment period on proposed definitions for issuing, offering, and selling stablecoins. These rules establish the jurisdictional boundaries for the GENIUS Act, a legislative framework set to mandate federal or state licensing for all domestic stablecoin activities starting in January 2027.

Strategy Holds Bitcoin Steady After Raising $333.7 Million in Stock Sales

Strategy bypassed Bitcoin acquisitions last week, opting instead to bolster its cash reserves and fund preferred stock obligations. The company raised $333.7 million through common stock sales between August 10 and August 16, maintaining its total holdings at 840,447 BTC while aggressively managing its capital structure.

InterContinental Riyadh Named Venue Partner for FINNOVEX Saudi Arabia 2026

The InterContinental Riyadh by IHG will host the upcoming FINNOVEX Saudi Arabia summit, serving as the premium venue partner for the event scheduled for September 2–3, 2026. Organizers aim to align the hotel’s facilities with a high-level agenda focused on the Kingdom’s shifting digital finance landscape.

Tudor Investment reverses course on BlackRock Bitcoin ETF holdings

Tudor Investment increased its stake in BlackRock’s iShares Bitcoin Trust by 18.9% during the second quarter, marking a strategic pivot after a year of consistent reductions. Regulatory filings reveal the hedge fund added 109,446 shares, bringing its total position to 688,529 shares valued at approximately $22.9 million by June 30.

Dutch Prosecutors Liquidate Knaken Crypto Assets for €2.2 Million

Dutch authorities have offloaded €2.2 million in cryptocurrency seized from the bankrupt trading platform Knaken, providing the only liquid funds currently available to satisfy an estimated €10 million to €12 million in customer claims. The move leaves approximately 6,300 users facing significant losses as bankruptcy proceedings intensify.