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Rapid7 unveiled a new cryptocurrency phishing campaign targeting 885,000 phone numbers, aiming to steal investors’ holdings by redirecting them to fake wallet provider websites.
While Webull reported a record $198 million in second-quarter revenue, cryptocurrency trading only generated about $2.25 million of the quarter’s revenue stream.
Gnosis Chain was approved to transition to an EEZ rollup, enabling it to settle directly to Ethereum rather than continue with an independent validator set.
Regulators reportedly accepted BitGo Korea’s registration on Tuesday, two days before stricter VASP entry requirements took effect.
HYPE reached $72 after Trump said the CFTC was pursuing compliant US access for Hyperliquid, though no formal regulatory plan has been released.
Bitcoin.com has integrated USDU, the UAE’s first central bank-registered US dollar stablecoin issued by Universal Digital, into its self-custodial web and mobile wallet, allowing users to hold, send, and receive the stablecoin. USDU, which is Ethereum-based, will also be supported for swap and buy-and-sell functionalities through third-party providers in the future. According to the announcement, Bitcoin.com plans to accept USDU for designated services and facilitate payments between users and merchants, with availability varying by jurisdiction. The integration follows USDU's broader distribution efforts, including support from Zodia Custody for institutional clients and a liquidity pool on Uniswap launched in August.
Donald Trump spoke from the White House on Wednesday, urging the Senate to pass a crypto market structure bill to keep the country “ahead of China.”
Four out of five candidates supported by the cryptocurrency-aligned PACs Fairshake, Protect Progress, and Defend American Jobs won their primaries or advanced in the US states of Alaska, Florida, and Wyoming, with the PACs spending approximately $3.6 million on races there, according to Cointelegraph. Despite these wins, Democrat Oliver Gilbert, who was targeted by more than $2 million in negative ads, secured victory in Florida's 24th congressional district, a race addressing the influence of the crypto industry. The PAC reported holding a war chest of $193 million as of January and spent over $82 million on races ahead of the 2026 midterm elections to support pro-crypto candidates. The outcome of these elections could influence the makeup of Congress and impact legislation such as the Digital Asset Market Clarity Act, which aims to establish comprehensive regulations for digital assets.
The US Commodity Futures Trading Commission (CFTC) announced consent orders against former Alameda Research CEO Caroline Ellison and FTX co-founder Zixiao “Gary” Wang, imposing a five-year trading ban on both and additional registration bans (10 years for Ellison and eight years for Wang). The orders, filed in the US District Court for the Southern District of New York, require their continued cooperation with the CFTC and resolve agency enforcement actions against them, which also involve their roles in allegations of fraud related to Alameda and FTX. The CFTC’s enforcement director stated that the sanctions reflect their material assistance in ongoing investigations. These actions are part of broader legal proceedings, including the indictment of Ellison, Wang, and others on fraud charges connected to the misuse of customer funds at FTX.
Symbiotic’s Liquid Lane gives eligible holders immediate USDC liquidity across three Centrifuge funds managed by Janus Henderson and NYLIM.
A preliminary analysis says six chained bugs let a 23-message transaction drain 48.87 million CACAO, sending the token down nearly 89%.
The FASB said secondary-market liquidity alone would not be enough, with holders needing direct issuer redemption rights and one-to-one liquid reserves.
Sending ETH to a brand-new address will cost more than sending to an existing one, and software built around a flat fee will get the sum wrong.
Recent data suggests that the "crack" spread—the difference between diesel and crude oil prices—has surged to a record $102.20 per barrel, driven by disruptions from conflicts in Iran and Ukraine and seasonal demand for agricultural fuel. This increase in oil product prices could contribute to higher inflation, affecting sectors like agriculture, shipping, and trucking. While oil prices have retreated from the highs of the second quarter and crude may be due for a bounce, ongoing supply disruptions continue to influence the market. Additionally, the U.S. Dollar Index fell to a two-and-a-half-month low, which has historically supported bitcoin, though the overall market remains influenced by multiple opposing factors.
Regulators rejected Polymarket's defense regarding its P2P nature, arguing the platform manages market rules and facilitates crypto-based gambling activity.
BTC has dropped 0.6% since midnight UTC as Nasdaq 100 futures slip 1.1%, with the FOMC's July meeting minutes and a White House crypto summit both due Wednesday.
The People’s Bank of China (PBOC) has added eight banks—Ping An Bank, Hengfeng Bank, China Bohai Bank, Bank of Shanghai, Bank of Hangzhou, Huishang Bank, Bank of Changsha, and Guangxi Beibu Gulf Bank—to its digital yuan network, increasing the number of operating institutions to 30, according to a Xinhua report. These banks will connect to the digital yuan system and begin offering services after operational and technical preparations, following a previous expansion in April that added 12 institutions. Prior to this year's growth, only 10 banks had been authorized as operators, with Industrial Bank joining in 2022. Dong Ximiao, chief researcher at Merchants Union Consumer Finance, noted that new operators could help fill gaps in services for regional small and medium-sized enterprises and cross-border trade.
The Korea Media and Communications Commission said Polymarket’s structure and operations amount to illegal gambling despite its noncustodial design and smart contracts.
The 30-year Treasury yield hit its highest since 2007 and Brent topped $91 as the US-Iran conflict escalates, pressuring stocks. Bitcoin is holding its range, for now.
According to CoinDesk, $57,000 is a crucial liquidation level for bitcoin's leveraged long positions, as a drop to this level could trigger significant liquidations due to thin liquidity and large open contracts, potentially leading to a sharper decline in prices. Traders holding bullish futures bets are particularly at risk if bitcoin falls below this threshold, which could cause a wave of forced closures of leveraged positions. Despite this downside risk, bitcoin is currently trading near $64,000 and showing signs of a potential inverse head-and-shoulders pattern that might suggest a bullish rally towards $76,000. The market's resilience above $62,000 amid macroeconomic tensions has also been noted as indicating a possible bullish phase.
Jeonbuk Bank will use Ripple’s 24/7 cross-border payment service for business remittances, but it is unknown whether the flows will use XRP or Ripple’s RLUSD stablecoin.
The program came three months before investor unlocks begin, with MON trading below its public-sale price and most of the token supply still outside circulation.
Developers have been urged to test on Plataberget before Glamsterdam’s new gas model reaches Ethereum’s other testnets and mainnet.
Miners have cut their computing power by a fifth over three quarters to make room for AI, and Venice's token jumped 10% after the company said it crossed $100 million in annualised revenue.
