Crypto
Cryptocurrency, blockchain, and digital asset news.
Europe's high regulatory bar could spark new crypto industry M&A wave
As MiCA beds in and the U.K. finalizes its crypto framework, stringent regulation could spur mergers, acquisitions and closer ties with banks.
Shiba Inu surges 36% as South Korean traders fuel mystery rally
The rally has no announcement behind it, other dog tokens haven't matched it, and Korean venues are carrying the volume.
BitMart to wind down exchange, end trading by Aug. 26
Crypto exchange BitMart said it will wind down operations after its BMX token plunged and users reported withdrawal delays, with platform operations set to end in January.
Crypto exchange BitMart to shut down after nine years, BMX token crashes 58%
Users have a month to close trades and six months to withdraw, and the exchange gave no specific reason for closing.
Binance ‘red teams’ its own staff every month to keep hackers out
Binance regularly tests its employees for security hygiene, with social engineering becoming a major source of industry breaches.
Robinhood in talks with Crypto.com over prediction markets: WSJ
While prediction market companies in the US continue to face legal battles between state and federal authorities, Robinhood is reportedly considering expanding its services.
Bitcoin advocacy group to join US State Department’s ‘digital freedom’ program
The Bitcoin Policy Institute and three partner organizations will be able to send employees to work alongside State Department officials to address issues including digital freedom.
Russia’s largest bank Sberbank plans crypto trading infrastructure by December
New regulations for crypto trading, custody, and settlement in Russia take effect Sept. 1, with requirements for licensed intermediaries applying from July 2027.
Wise expected to resubmit US charter application under GENIUS
The OCC denied the UK company’s application this week citing AML/CFT risks, despite approving similar charters for digital asset companies in the last year.
North Korea arrests hackers accused of laundering stolen funds from country's bank via crypto
The group allegedly breached Central Bank systems, converted crypto to cash via Chinese brokers, and used small transfers to evade detection.
North Korea arrests bank hacking ring tied to crypto laundering: Report
Daily NK reported that North Korea arrested former state cyber operators accused of hacking two state banks and laundering funds through crypto.
Democratizing weather derivatives through tokenization could be crypto's most important real-world use case
Main Street, which faces the most significant climate-related financial risk, currently lacks an avenue to hedge weather-related risks, argues CoinDesk’s Omkar Godbole.
Fidelity joins push for Senate passage of CLARITY Act
Fidelity called on the US Senate to pass the CLARITY Act, joining industry groups and crypto firms pushing for market structure legislation.
Dango’s perp DEX taps out nearly 4 months after launch
Dango will close its network on Aug. 13, joining BitMEX, Odos and Satori Finance in a wave of recent crypto shutdowns.
Robinhood Chain's real-world assets jump fivefold as tokenized stocks start trading in bigger size
The chain built to put equities onchain has tripled in size since mid-July, and a dozen tokenized stocks are now each clearing $500,000 a day. Real-world assets are growing fast, though memecoins and
Ethereum ETFs close week in red, end 5-day inflow streak
Ethereum ETFs snapped a five-day inflow streak and Bitcoin ETFs logged a second day of outflows, though both funds extended their weekly inflow streaks to three.
EU authorities include HTX exchange in Russian sanctions
The exchange, already sanctioned by the UK, is now on a list of 18 entities “providing crypto-assets services or payment services“ in defiance of the EU’s measures against Russia.
Strive’s SATA recovers most of June decline, trades within 3% of par
Jan3 CEO Samson Mow says the recovery could signal renewed confidence in preferred-share products used by Bitcoin treasury companies.