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Yield-bearing Treasury-backed stablecoin USDY launches on Aptos

Stablecoin issuers are becoming some of the largest buyers of United States government debt at a time of increased de-dollarization.

Sky Mavis co-founder breaks down Ronin’s surge in active users

Sky Mavis co-founder Jeffrey Zirlin believes that Ronin has a “dedicated and resilient community” that has been built since the launch of Axie Infinity.

Crypto PACs are spending big on US elections — What it means for the industry

Political action committees supporting the cryptocurrency industry are raising hundreds of millions of dollars.

OpenAI backs Senate bills to advance AI safety and accessibility

OpenAI's support for these bills highlights a broader vision for AI that balances safety, accessibility, and the potential for educational progress.

EU AI Act comes into effect — Here’s what to expect

The European Union’s AI Act takes effect on Aug. 1. It introduces significant regulations for artificial intelligence through phased implementation and key compliance obligations.

India’s Web3 alliance tightens cybersecurity after Wazirx attack

The BWA’s initiatives highlight an increasing awareness of the importance of cybersecurity in preserving trust and integrity in digital finance.

Grayscale’s GBTC ‘spin-off’ Bitcoin Mini Trust goes live on NYSE Arca

After launching its spot Bitcoin ETF in January 2024, Grayscale now diversifies its offering with a “spin-off” spot Bitcoin ETP.

$35T US national debt could bolster Bitcoin’s adoption as ‘hard money’

Bitcoin could see a new all-time high due to the growing US federal debt, which has surpassed $105,000 for every living person in the country.

BlackRock battles Bitwise as new Ethereum ETFs struggle to gain traction

While Bitcoin ETFs saw positive momentum at launch, Ethereum ETFs struggle with significant outflows, indicating differing investor sentiment and regulatory impacts.

Wisconsin unveils tracker to fight crypto fraud and investment scams

The Wisconsin Department of Financial Institutions is launching a new scam tracker based on consumer complaints to protect investors from crypto and investment fraud.

How liquid restaking tokens are revolutionizing DeFi

The total value locked in liquid restaking tokens has risen over 8,300% since the beginning of 2024.

BTC price lower highs keep Bitcoin bears in control at $70K

Bitcoin continues to print lower highs on the daily chart since the BTC price all-time highs in March.

China’s crypto ban fails to stop scams as Shaanxi police arrest 4 suspects

Mainland China quickly and effectively addresses crypto fraud incidents despite banning crypto transactions a few years ago.

Terra chain halts operations, ASTRO token falls over 60%

The Terra blockchain halt led to the ASTRO token value falling due to a suspected exploit.

England’s Law Commission proposes new property category for crypto assets

The Law Commission’s final report advocates for legal reforms to better protect the unique features of digital assets.

Over 70% of hacked funds are lost to CeFi entities — Cyvers

Real-time threat detection and AI integrations could further bolster Web3 security, according to the CEO of Cyvers.

Mt. Gox just moved $3B in Bitcoin; here’s why the price barely blipped

Crypto analysts say Mt. Gox holders are more likely committed to HODLing, and the market thinks so too.

‘Magnificent seven’ stocks shed $2.6T in lead-up to busy earnings week

The world’s best-performing tech stocks have bled an average $125 billion market cap per day for the past 20 days while crypto market cap has risen 11%.

UAE residents can now trade crypto directly with their bank accounts

The new integration enables the direct conversion of UAE dirhams into Bitcoin and Ether using M2’s spot market.

SEC likely still believes SOL is a security, say crypto execs

Many crypto observers may be “overreading” the security regulator’s latest filing for its Binance lawsuit, meaning Solana and other tokens may not be off the hook yet.

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