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The latest crypto headlines, updated continuously. · Page 79

FalconX cuts 10% of workforce amid prolonged crypto market slump: Report
cryptoabout 1 month ago

FalconX cuts 10% of workforce amid prolonged crypto market slump: Report

According to Bloomberg, the digital asset prime broker is refocusing its Singapore strategy and withdrawing its local license application as crypto companies continue to trim costs.

Cointelegraph

Kenya moves 30 million academic credentials onto Avalanche blockchain
cryptoabout 1 month ago

Kenya moves 30 million academic credentials onto Avalanche blockchain

A new digital verification platform aims to reduce forged certificates by allowing employers and universities to authenticate academic records onchain.

Cointelegraph

BlackRock launches tokenized money market funds for stablecoin reserves
cryptoabout 1 month ago

BlackRock launches tokenized money market funds for stablecoin reserves

The asset manager introduced two blockchain-based money market funds designed to qualify as stablecoin reserve assets under the US GENIUS Act.

Cointelegraph

Trump-linked American Bitcoin president Matt Prusak departs for Giga Energy
cryptoabout 1 month ago

Trump-linked American Bitcoin president Matt Prusak departs for Giga Energy

The executive is leaving the Eric Trump-backed miner to join an AI power infrastructure firm, highlighting the shift toward energy and data center buildout.

CoinDesk

Hashdex to shut smallest Bitcoin ETF after more than two years
cryptoabout 1 month ago

Hashdex to shut smallest Bitcoin ETF after more than two years

The spot price Bitcoin exchange-traded fund, which was never able to attract more than $18 million in net assets, will pay out investors and sell its 225 BTC in the coming weeks.

Cointelegraph

U.S.-Japan intervention revives yen carry trade fears for bitcoin
cryptoabout 1 month ago

U.S.-Japan intervention revives yen carry trade fears for bitcoin

Coordinated action sent the yen sharply higher, but bitcoin’s recent correlation suggests U.S. dollar strength, rather than the carry trade, may be the bigger risk.

CoinDesk

US hints at more yen intervention: Five things to know in Bitcoin this week
cryptoabout 1 month ago

US hints at more yen intervention: Five things to know in Bitcoin this week

The US and Japan coordinate on the yen for the first time since 2011 as Bitcoin traders brace for a historically rough August.

Cointelegraph

Circle slides after Morgan Stanley downgrade, cut in price target
cryptoabout 1 month ago

Circle slides after Morgan Stanley downgrade, cut in price target

The bank said tokenized money market funds, Open USD and slower USDC growth could weigh on the stablecoin issuer's earnings.

CoinDesk

Bernstein sees another leg lower for crypto markets if Clarity Act stalls
cryptoabout 1 month ago

Bernstein sees another leg lower for crypto markets if Clarity Act stalls

The broker said failure to pass the Clarity Act this year would likely send crypto lower, but expects U.S. regulators to accelerate rulemaking.

CoinDesk

How Fake World Assets and onchain gacha became crypto’s latest craze
cryptoabout 1 month ago

How Fake World Assets and onchain gacha became crypto’s latest craze

Fake World Assets turns forgotten NFTs into an onchain lottery — but is crypto’s latest obsession built to last?

Cointelegraph

BlackRock expands tokenized cash with new blockchain-based money market offerings
cryptoabout 1 month ago

BlackRock expands tokenized cash with new blockchain-based money market offerings

Both funds intend to qualify as eligible reserve assets for permitted U.S. payment stablecoin issuers under the GENIUS Act.

CoinDesk

Tom Lee's Bitmine bought more ether, added to stock buyback last week
cryptoabout 1 month ago

Tom Lee's Bitmine bought more ether, added to stock buyback last week

Chairman Tom Lee said ether's outperformance versus the Nasdaq in July signals strengthening crypto fundamentals.

CoinDesk

Strategy sells 1,638 Bitcoin to fund dividends and STRC repurchases
cryptoabout 1 month ago

Strategy sells 1,638 Bitcoin to fund dividends and STRC repurchases

Michael Saylor’s Strategy sold 1,638 Bitcoin in its second-largest sale of the year to fund dividend payments and repurchase its preferred STRC stock.

Cointelegraph

Bithumb sets 2028 IPO timetable as it overhauls internal controls
cryptoabout 1 month ago

Bithumb sets 2028 IPO timetable as it overhauls internal controls

The South Korean exchange plans to seek preliminary listing review in 2027 while overhauling controls after a February crediting error.

Cointelegraph

Strategy sold another $105 million of bitcoin last week, repurchased $81.2 million of STRC
cryptoabout 1 month ago

Strategy sold another $105 million of bitcoin last week, repurchased $81.2 million of STRC

The company trimmed bitcoin holdings by 1,638 coins, while raising $290.6 million with sales of common stock.

CoinDesk

CLARITY Act failure could send crypto valuations lower: Bernstein
cryptoabout 1 month ago

CLARITY Act failure could send crypto valuations lower: Bernstein

Bernstein said Congress’s failure to pass the CLARITY Act’s could trigger another leg down for crypto valuations and accelerate policy support from US regulators.

Cointelegraph

Bitget set to exit Japan, close all remaining positions by year-end
cryptoabout 1 month ago

Bitget set to exit Japan, close all remaining positions by year-end

The crypto trading platform, ranked fifth on CoinGecko, stopped accepting new registrations on Sunday and plans to shut down all remaining positions by Dec. 31.

CoinDesk

Trumps’ American Bitcoin reports record BTC output, narrower Q2 loss
cryptoabout 1 month ago

Trumps’ American Bitcoin reports record BTC output, narrower Q2 loss

Trump-linked Bitcoin miner produced a record 932 BTC in the second quarter, lifting mining revenue 8% as its net loss narrowed from the previous quarter.

Cointelegraph