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Bitcoin stable as Fed fave PCE inflation sees first monthly drop in six years

Bitcoin and US stocks enjoyed a relief bounce as the South Korea semiconductor rout eased and US PCE inflation data conforms to year-on-year expectations.

Bitcoin stable as Fed fave PCE inflation sees first monthly drop in six years

Bitcoin and US stocks enjoyed a relief bounce as the South Korea semiconductor rout eased and US PCE inflation data conforms to year-on-year expectations.

Samsung unit explores stablecoin infrastructure with Upbit’s operator

Samsung SDS is discussing stablecoin infrastructure and AI-based payment models with Dunamu, the operator of South Korean crypto exchange Upbit.

Hedge fund with $1.1B in Bitcoin miner stocks seeks capital after AI sell-off: FT

The FT said Situational Awareness has approached investors and lenders after borrowing amplified losses during July’s AI stock sell-off.

Australia sues Telegram over alleged failures to remove terror content

Telegram faces Australian court proceedings after eSafety alleged the platform failed to detect and remove extremist material shared by users.

Chinese newspaper warns of Bitcoin extortion scam using its name

China Business Journal says fraudsters impersonated the publication, demanding Bitcoin to suppress purported investigative reports about targeted companies.

Bitcoin ETF inflows return as Ether funds slip into outflows

US spot Bitcoin ETFs recorded $32.1 million in inflows on Wednesday despite Bitcoin dipping below $64,000, ending a four-session outflow streak.

South Korea report proposes stablecoin rules before crypto law

Policy report recommends interim licensing guidance, greater flexibility for stablecoin issuers and rules ahead of the Digital Asset Basic Act.

US sanctions Iranian maritime firm, says it accepted Bitcoin to evade restrictions

The US Treasury said HormuzSafe accepted Bitcoin and other digital assets to evade sanctions and generate revenue for Iran’s Islamic Revolutionary Guard Corps.

Luno cuts 20% of staff as crypto layoffs spread across 12 firms in July

Luno and Gnosis joined a widening round of crypto restructurings in July, when at least 12 companies reported job cuts.

Japanese game developer launches Bitcoin, altcoin fund with SBI

The Bitcoin and altcoin fund builds on Gumi’s growing crypto business centered around XRP, with the company nearly doubling its crypto holdings over the past year.

Ethereum Foundation adds SEAL 911 co-founder to board as privacy focus grows

Pascal Caversaccio joins the Ethereum Foundation’s four-member board as the organization elevates privacy and security in its protocol strategy.

US arbitration giant launches specialist panel for crypto disputes

The American Arbitration Association’s Web3 Panel brings together specialists in blockchain, smart contracts, digital assets and autonomous transactions.

Robinhood posts record quarter, but crypto revenue slides 38%

The online brokerage continued expanding its digital asset business with Robinhood Chain, tokenized stocks and decentralized lending even as cryptocurrency transaction revenue declined.

Robinhood posts record quarter, but crypto revenue slides 38%

The online brokerage continued expanding its digital asset business with Robinhood Chain, tokenized stocks and decentralized lending even as cryptocurrency transaction revenue declined.

Robinhood posts record quarter as crypto revenue slides 38%

The online brokerage continued expanding its digital asset business with Robinhood Chain, tokenized stocks and decentralized lending even as cryptocurrency transaction revenue declined.

Binance.US to attempt prediction markets entry as CFTC-licensed entity, says CEO

The CEO of the US crypto exchange said that the company would apply for a license with the CFTC in August allowing it to offer prediction markets.

Crypto entering biggest consolidation phase in history, says ARK analyst

ARK Invest’s Lorenzo Valente says revenue is becoming increasingly concentrated among a handful of crypto protocols, setting the stage for more mergers, acquisitions and exchange closures.

Tennessee county passes another ban on crypto operations

A group of 12 county commissioners voted unanimously to ban mining facilities and data centers in unincorporated areas as it deals with a lawsuit by a digital asset company.

US prosecutors propose changes to CLARITY as voting window narrows: Report

A White House crypto adviser said that the proposed changes to the CLARITY Act were “not even close” to the administration’s position, signaling another fight over the bill.

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