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The latest crypto headlines, updated continuously. · Page 68

Trump Media pulls back from crypto, scraps Crypto.com's CRO token treasury deal
cryptoabout 1 month ago

Trump Media pulls back from crypto, scraps Crypto.com's CRO token treasury deal

The Truth Social parent company is refocusing on media and its pending merger with a fusion energy firm, as the digital asset treasury boom has lost its steam.

CoinDesk

Trump-Backed American Bitcoin director Justin Mateen buys nearly $2 million of ABTC stock
cryptoabout 1 month ago

Trump-Backed American Bitcoin director Justin Mateen buys nearly $2 million of ABTC stock

Mateen purchased more than 306,000 shares across two days following the company's quarterly earnings, lifting his stake to more than 492,000 shares.

CoinDesk

US Treasury’s OFAC sanctions 2 Iran-linked crypto exchanges
cryptoabout 1 month ago

US Treasury’s OFAC sanctions 2 Iran-linked crypto exchanges

The US government sanctioned an individual and two crypto exchanges it said facilitated money laundering for a combined $5 million in digital assets linked to Iran.

Cointelegraph

U.S. widens Iran crypto crackdown with sanctions on two exchanges
cryptoabout 1 month ago

U.S. widens Iran crypto crackdown with sanctions on two exchanges

The Treasury's OFAC targeted Shelbit and Aban Tether as Washington continues its effort to cut Tehran's access to crypto and foreign currency.

CoinDesk

Circle expands USDC to OKX ecosystem with X Layer launch
cryptoabout 1 month ago

Circle expands USDC to OKX ecosystem with X Layer launch

The rollout gives X Layer users access to Circle-issued USDC and crosschain transfers as the stablecoin expands across major blockchain ecosystems.

Cointelegraph

Reform UK chair calls for probe into SBF-linked donation: Report
cryptoabout 1 month ago

Reform UK chair calls for probe into SBF-linked donation: Report

As the chairman of the Reform UK calls for an investigation into a FTX-linked political donation, the party’s leader prepares to face voters amid his own crypto-related scandal.

Cointelegraph

BitMEX sale collapsed as buyers balked at founder ownership and shrinking business
cryptoabout 1 month ago

BitMEX sale collapsed as buyers balked at founder ownership and shrinking business

Potential buyers, including Exodus, passed on BitMEX amid concerns over founder ownership and its shrinking business, according to a source familiar.

CoinDesk

Bybit sues North Korea and Lazarus Group over $1.5 billion hack, secures asset freeze
cryptoabout 1 month ago

Bybit sues North Korea and Lazarus Group over $1.5 billion hack, secures asset freeze

The exchange has secured a preliminary injunction freezing stolen assets.

CoinDesk

Bitcoin price tags $65.3K August high as low US jobs numbers cool Fed rate bets
cryptoabout 1 month ago

Bitcoin price tags $65.3K August high as low US jobs numbers cool Fed rate bets

Bitcoin hit month-to-date highs above $65,000 as risk-assets gained on low US nonfarm payrolls data.

Cointelegraph

OKX's Rafique doubts Clarity Act will pass, warns optimism is already priced into bitcoin
cryptoabout 1 month ago

OKX's Rafique doubts Clarity Act will pass, warns optimism is already priced into bitcoin

The OKX executive says Democrats have little incentive to hand Republicans a crypto victory before the midterms.

CoinDesk

How a five-second trick let traders drain millions from Polymarket
cryptoabout 1 month ago

How a five-second trick let traders drain millions from Polymarket

After months of public warnings from onchain analysts, the prediction market is moving to time-weighted prices to make artificial price pushes too costly.

CoinDesk

Crypto Biz: Crypto’s biggest business is starting to look a lot like banking
cryptoabout 1 month ago

Crypto Biz: Crypto’s biggest business is starting to look a lot like banking

Crypto business is converging with banking as stablecoin reserves, tokenized funds, Treasury income and balance sheet management become key profit drivers.

Cointelegraph

A part of FTX survived, and it’s the case for the CLARITY Act
cryptoabout 1 month ago

A part of FTX survived, and it’s the case for the CLARITY Act

When FTX collapsed, the parts of it bound by law survived. Mainstream finance is now converging with digital assets, and the law built to protect it the same way is the one the Senate did not pass this week, argues Bullish's Randi Abernethy.

CoinDesk

Russia cracks down on unlicensed crypto exchanges it claims are linked to Ukraine
cryptoabout 1 month ago

Russia cracks down on unlicensed crypto exchanges it claims are linked to Ukraine

The FSB said at least 20 individuals were arrested in connection with a ring that scammed an undetermined number of Russian citizens.

CoinDesk

Fierce backlash to Ethereum’s EIP-8363 staking proposal
cryptoabout 1 month ago

Fierce backlash to Ethereum’s EIP-8363 staking proposal

Ethereum’s proposed EIP-8363 staking overhaul aims to reduce issuance, but critics say it could hurt DeFi, decentralization and institutional adoption.

Cointelegraph

Bitcoiners turn to dice throws as self-custody setups are re-evaluated
cryptoabout 1 month ago

Bitcoiners turn to dice throws as self-custody setups are re-evaluated

Dice entropy may become the new gold standard after the Coldcard hack

Cointelegraph

U.S. unexpectedly shed 23,000 jobs in July, putting Fed rate hikes in question
cryptoabout 1 month ago

U.S. unexpectedly shed 23,000 jobs in July, putting Fed rate hikes in question

The chances of a Federal Reserve rate hike at its next meeting in September have slipped below 50% in the aftermath of the report.

CoinDesk

Russia cracks down on 9 crypto exchanges in Moscow City
cryptoabout 1 month ago

Russia cracks down on 9 crypto exchanges in Moscow City

Russia has shut down nine unregistered crypto exchanges in Moscow, with the FSB alleging they helped move scam proceeds abroad through Ukrainian call centers.

Cointelegraph