CoinTelegraph

Blockchains will face increasing pressure to compromise on decentralization to meet user demand for speed and scalability, Injective CEO Eric Chen said.

The report follows comments from White House crypto adviser Patrick Witt in May, who said the administration was examining the legal implications of creating a Bitcoin reserve.

Bitcoin reversed course from its Monday open selloff and closed the day above $64,000 as bulls began to price in Strategy’s selling.

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The reported transaction comes as Tether maintains it has no plans to go public, even as other crypto companies pursue or delay IPOs.

Bitcoin sold off as news of Strategy selling BTC shook investors’ nerve but the quick rebound suggests bulls remain ambitiously positioned.

The developers behind the memecoin project said they had informed law enforcement after the attack and were working to “recover funds and identify those responsible.”

The Luxembourg approval completes the company’s MiCA licensing process, enabling it to provide regulated crypto-asset services across the European Economic Area.

Bitmine’s big buy contrasts with crypto treasury peer Strategy, which reported selling millions of dollars worth of its Bitcoin holdings on Monday.

The UN Development Programme said blockchain payment pilots in five countries cut costs, improved resilience and will now inform wider use across its humanitarian and development programs.

The Bitcoin miner signed a 20-year AI infrastructure lease with Anthropic and sold its majority stake in a separate AI data center joint venture.

Bitcoin wiped out much of its latest gains thanks to a market reaction to Strategy’s 3,600 BTC sell-off, but analysis eyed a potential buy announcement in the coming days.

The FCA’s vision for agentic AI points toward a financial system where programmable money and tokenized assets could play a much larger role.

Crypto exploits rose 59% quarter-on-quarter to $807.5 million in Q2, due partly to the KelpDAO and Drift Protocol exploits, which came at the hands of North Korean hackers.

Strategy sold $216 million in Bitcoin to fund its dividend payments, as wealth manager Bernstein maintained its year-end Bitcoin price target of $150,000.

Belgium’s FSMA warned consumers about six crypto-asset service providers it added to a fraudulent CASP list days after the EU’s MiCA transitional period expired.

Bitcoin saw its highest levels in nearly two weeks at the weekly close, but bulls needed a push beyond $65,000 for real trend inflection, said the latest BTC price analysis.

South Korea’s media and communications review body will hear from Polymarket before deciding whether to issue a corrective request against the prediction market platform.

A Bitcoin address dormant for nearly 15 years moved $1.9 million in BTC as a New York lawsuit seeks ownership of thousands of inactive holdings.

Before he was an MP, Nigel Farage was reportedly gifted staff, security and other benefits from George Cottrell, a convicted fraudster involved in a crypto casino.

Stablecoins are maturing and are positioned for even greater reach as the market evolves, said crypto researcher Nick Ruck.

Thousands of crypto wallets across multiple blockchains could be vulnerable due to weak recovery phrase generation.

“We need to think about new tools and a different way of working with the [AI] market in a more collaborative way,” says Nikhil Rathi, CEO of the UK’s finance watchdog.

Nansen analysis shows that just under half a million wallets had profited on Donald Trump’s memecoin, while the large majority of buyers have lost out.

Japan’s SBI Crypto shuts down 12th largest Bitcoin mining pool in the world, Russia gears up to launch digital ruble despite EU sanctions, and more: Asia Express.

Bitcoin reached its highest levels in nearly a fortnight over the weekend, but BTC price action faced an “absolutely terrible” Monday track record.

South Africa’s tax authority proposed draft guidance clarifying how crypto assets are taxed under existing income and capital gains tax rules, seeking public input until Aug. 31.

Binance recorded $1.23 billion in weekly net outflows, up 207% from the previous week, as Ethereum withdrawals surged to a three-year high.

Part of the Ethereum Foundation’s plan to make Ethereum more private and scalable is to introduce a new virtual machine, with leanISA and RISC-V among the top candidates.

Moonbeam didn’t provide a timeline for when it would launch the AI agent platform but told GLMR holders to bridge their tokens from the Polkadot parachain to Base before July 31.