Cryptocurrency

1441 items in section

Circle Acquires IBM Blockchain Patent Portfolio

Circle Internet Group has secured over 680 IBM patent families, encompassing nearly 1,000 issued patents worldwide. This acquisition grants the stablecoin issuer a broad intellectual property base spanning blockchain infrastructure, secure cloud operations, and enterprise banking, positioning the company to bolster its USDC ecosystem and emerging agentic finance tools.

Hyperliquid and Multicoin push for federal oversight of prediction markets

The Hyperliquid Policy Center and Multicoin Capital have formally backed the Commodity Futures Trading Commission’s proposed framework for event contracts. By advocating for standardized federal oversight, the firms aim to replace current regulatory ambiguity with a predictable, transparent process for reviewing derivatives tied to sensitive real-world events.

BitMine Inches Toward 5% Ethereum Target With Fresh Buybacks

BitMine Immersion Technologies has pushed its Ethereum holdings to 5,787,414 tokens, capturing roughly 4.8% of the total circulating supply. Chairman Tom Lee continues to aggressivey execute the company's "Alchemy of 5%" strategy, pairing weekly asset accumulation with a significant $4 billion share repurchase program.

Strategy Beefs Up Cash Reserves, Halts Bitcoin Buying

Strategy has expanded its U.S. dollar reserve to $3.75 billion, a move that provides roughly 2.1 years of coverage for preferred stock dividends. While the company bolstered its liquidity through $544.5 million in common stock sales, it maintained its Bitcoin holdings at 843,775 BTC, continuing a multi-week pause in accumulation.

SparkKitty Malware Turns Smartphone Galleries into Security Liabilities

A persistent mobile malware campaign known as SparkKitty is back in the spotlight, reminding users that storing cryptocurrency recovery phrases in phone photo galleries invites immediate theft. While recent warnings have renewed alarm, security researchers confirm the threat traces back to a 2025 discovery rather than a fresh emergence.

Zcash Schedules Ironwood Upgrade to Resolve Orchard Supply Uncertainties

Following the discovery of a critical vulnerability in the Orchard shielded pool, Zcash will trigger its NU6.3 Ironwood upgrade on July 28 at block height 3,428,143. The network shift forces a transition to a new shielded pool, introducing a turnstile mechanism designed to verify the total circulating supply of ZEC.

Choosing a Prop Firm: Multi-Asset Platforms vs. Crypto-Native Specialists

With over 2,000 proprietary trading firms currently active, retail traders face a complex landscape when seeking external capital. Choosing between multi-asset platforms, which integrate crypto into broader financial markets, and crypto-native firms, which provide specialized digital asset liquidity, requires balancing specific payout structures, drawdown rules, and leverage limits.

Coinbase bets on AI agents to drive crypto payment adoption

Artificial intelligence will not replace crypto, but rather trigger an explosion in its usage, according to Coinbase CEO Brian Armstrong. By integrating the Base network with the x402 payment protocol, the firm is building an "Agentic Finance" stack designed to let software autonomously pay for digital services.

BNY Subsidiary Joins EU Crypto Register as Total Hits 309

The European Securities and Markets Authority has expanded its interim registry for crypto-asset service providers to 309 distinct firms, following the approval of 15 new entities across eight jurisdictions. Among the latest entries is BNY SA/NV, the Belgian banking subsidiary of the U.S.-based financial giant BNY.

The Valuation Gap: Why Crypto Tokens Often Lag Behind Corporate Equity

A central tension in modern digital finance pits the legal certainty of corporate equity against the often-vague economic promises of crypto tokens. Delphi Digital analysts argue that when projects operate both, token valuations frequently decouple from reality, ignoring the fact that actual business profits almost exclusively flow to shareholders.

Brazil Police Freeze R$1 Billion in Crypto-Linked Drug Probe

A sweeping federal operation across four Brazilian states has dismantled a transnational drug trafficking network accused of funneling 6.5 tons of cocaine to Europe. By utilizing shell companies, luxury real estate, and specialized crypto brokers, the organization allegedly laundered R$1 billion in illicit proceeds before the crackdown triggered mass arrests.

South Korea courts Silicon Valley to fuel domestic startup growth

President Lee Jae-myung has secured memorandums of understanding between the National Pension Service and six major Silicon Valley venture capital firms, including Sequoia Capital and Andreessen Horowitz, to channel global capital into South Korea’s artificial intelligence and semiconductor sectors while bolstering its domestic startup ecosystem.

Why Prediction Market Odds Are Not Literal Probabilities

A contract trading at 70 cents suggests a 70% chance of success, but treating that figure as a literal oracle is a costly mistake. While prediction markets effectively aggregate information, they are constrained by capital costs, behavioral biases, and structural mechanics that systematically bend the mapping between price and reality.

POSCO Trials Tokenized Trade Receivables on Injective Blockchain

South Korean trading giant POSCO International is moving commercial trade claims onto a blockchain, testing a system where real-world receivables are tokenized for settlement. Partnering with LG CNS and the Injective network, the company aims to replace fragmented invoice records with a single, shared ledger for its international subsidiaries.

Japan Considers Easing Crypto Leverage Limits to Boost Market Liquidity

Japan’s current 2x leverage cap on cryptocurrency trading is too restrictive, according to Seiji Kihara, a senior ruling party lawmaker. As the nation pivots toward treating digital assets as formal financial products, officials are debating whether relaxing these constraints is essential to improve liquidity and facilitate efficient price discovery.

KB Kookmin Bank Shifts Trade Settlements to J.P. Morgan’s Blockchain

KB Kookmin Bank is set to become the first South Korean institution to integrate J.P. Morgan’s Kinexys network for corporate trade settlements. Launching next month, the service will facilitate U.S. dollar cross-border transfers across 10 countries, marking a pivot toward programmable payments for the bank’s institutional clients.

CFTC Tightens Oversight on Prediction Market Filings

The U.S. Commodity Futures Trading Commission has issued a second warning this year to prediction-market operators, demanding an end to broad, template-style self-certifications for event contracts. Regulators argue these generic filings bypass essential compliance reviews and mask the specific risks inherent in rapidly expanding event-based betting markets.

Stripe stablecoin lead Connor Fitzgerald departs after global expansion

Connor Fitzgerald, who spearheaded the development of Stripe’s global stablecoin card program, has officially left the company. His exit follows a tenure defined by the rapid scaling of blockchain-based payment infrastructure across more than 100 markets, marking a pivotal transition for the firm’s crypto-focused subsidiary, Bridge.

Garden Finance halts app operations following solver database breach

An attacker siphoned approximately $450,000 in USDT from Garden Finance after compromising the off-chain database of an independent network solver. While the protocol took its application offline to isolate the breach, officials confirmed that its core smart contracts and user-deposited funds remained secure throughout the incident.

Triple-A Treasury Breach Leaves Client Funds Intact

Singapore-based payment firm Triple-A confirmed unauthorized access to its treasury wallets on July 25, resulting in a loss of company-owned digital assets. While on-chain investigators estimate the theft at approximately $11.8 million, the firm maintains that all client funds and global payment operations remain secure and fully functional.

Brian Armstrong: AI agents will soon out-transact human users

Autonomous AI agents will eventually conduct more daily financial transactions than the entire human population combined, according to Coinbase CEO Brian Armstrong. He argues that rather than competing, artificial intelligence and cryptocurrency are complementary forces, with blockchain serving as the essential financial infrastructure for a new machine-led economy.

WEMIX Suspends Bridge Services After Unauthorized Minting Breach

An attacker seized control of owner privileges on the WEMIX$ stablecoin contract on July 26, enabling the illicit minting of 5.23 million tokens. The breach forced the WEMIX network to halt bridge operations and liquidity pools as the project scrambles to freeze funds across multiple blockchain platforms.

Storj Labs Files for Bankruptcy to Shed Legacy Debt

Decentralized cloud storage provider Storj Labs has filed for Chapter 11 bankruptcy protection in the Northern District of West Virginia. The company, which previously raised $35 million through venture capital and a 2017 token sale, intends to restructure its finances while maintaining its core network operations and customer services.

KB Kookmin Bank Taps J.P. Morgan’s Kinexys for Cross-Border Payments

Ten countries will gain access to near-real-time U.S. dollar transfers starting August 2026, as South Korea’s largest lender integrates blockchain settlement into its corporate banking operations. The move marks the first time a Korean financial institution has adopted the J.P. Morgan-backed network for international trade and foreign exchange services.

Crypto’s expensive compliance shift signals wave of European M&A

With the European Union’s MiCA transition period concluded, crypto firms are facing a stark reality: the heavy financial burden of permanent regulatory compliance. As smaller players struggle to maintain governance, cybersecurity, and anti-money laundering systems, a surge in mergers, acquisitions, and strategic bank partnerships appears increasingly inevitable across the continent.

Strategy Stress-Tests Balance Sheet Against Prolonged Bitcoin Slump

A steady 11.4% annual decline in Bitcoin prices for nearly six years would not exhaust the company's ability to fund debt interest and preferred dividends, according to internal modeling. The firm’s proprietary BTC Rating metric suggests its current capital structure maintains a 1.0x coverage ratio under these specific, prolonged conditions.

Charles Hoskinson: Bitcoin Governance Faces Quantum Reckoning

Cardano co-founder Charles Hoskinson has issued a pointed critique of Bitcoin’s ability to survive the quantum computing era. He argues that Bitcoin’s rigid, decentralized structure may prove too cumbersome to implement the rapid security upgrades necessary to protect user funds against future quantum-based decryption threats.

LMAX Group weighs $5 billion exit strategy

Institutional trading powerhouse LMAX Group has initiated a strategic review to explore a potential sale or public listing, a move that could value the London-based firm at up to $5 billion. According to insiders, the company is working with Morgan Stanley and KBW to evaluate options including a U.S. or European IPO.

Bitcoin Mining Energy Demand Spikes as Hydropower Takes Lead

Bitcoin mining’s annualized electricity consumption surged to 190 terawatt-hours by December 2025, marking a 38% increase in just 18 months. Preliminary research from the Cambridge Centre for Alternative Finance reveals that while the network's power appetite is ballooning, a shift toward hydroelectric sources is altering the industry's carbon footprint.

XRP Ledger Captures $2.6 Billion in Tokenized Real-World Assets

The XRP Ledger recorded $2.6 billion in new real-world asset inflows over the past six months, securing second place among major blockchain networks. This surge, tracked by RWA.xyz, highlights a shift toward onchain record-keeping for energy contracts and institutional financial products, even as the ledger's liquidity profile remains heavily concentrated.