Crypto

World Liberty Financial ETH holdings have increased; its total holdings are now 77,226 ETH, valued at about $296 million, with an approximate unrealized profit of $41.7 million. The post Trump’s World Liberty Financial Dumps $1M USDC for 256.75 ETH appeared first on Cryptonews.

Fortune 500 fintech leader FIS has partnered with Circle to enable US financial institutions to offer USDC stablecoin payments through integrated infrastructure, combining Circle's USDC functionality with FIS's Money Movement Hub. The post Fortune 500 Fintech Giant FIS Partners with Circle to Bring USDC Payments to US Banks appeared first on Cryptonews.

Veda protocol has appointed former SEC senior counsel TuongVy Le as general counsel, weeks after securing $18 million in venture capital funding. Decentralized finance platform Veda has appointed a former US Securities and Exchange Commission (SEC) official to its ranks as it ramps up efforts to expand crosschain yield products aimed at institutional investors. TuongVy Le, who spent nearly six years at the SEC as chief counsel and senior adviser in the Enforcement Division and the Office of Legislative and Intergovernmental Affairs, has joined Veda as general counsel, the company announced Tuesday. During her SEC tenure, Le advised Congress on early drafts of digital asset legislation and served on the Commodity Futures Trading Commission’s (CFTC) Global Markets Advisory Committee. Read more

China’s JD.com announced plans for a Hong Kong dollar stablecoin last summer and is now expected to be among the first issuers under HKMA’s stablecoin regime. China-based e-commerce giant JD.com has reportedly registered entities tied to a potential stablecoin rollout just days ahead of Hong Kong’s stablecoin regulations going into effect. JD.com, often referred to as China’s Amazon, has registered two potential stablecoin-linked entities, Jcoin and Joycoin, through its fintech subsidiary, JD Coinlink Technology, according to a report by Hong Kong news outlet Ming Pao on Tuesday. JD Coinlink is one of the official participants in the stablecoin issuer sandbox program by the Hong Kong Monetary Authority (HKMA), which launched last year. Read more

MARA Holdings holds roughly 50,000 BTC, valued at nearly $6 billion, ranking it as the second-largest bitcoin holder among public companies

The HKMA completed stablecoin regulations set to take effect Aug. 1, warning no licenses have been issued and urging caution against hype and scams. The Hong Kong Monetary Authority (HKMA), the special administrative region’s central banking authority, has finalized its regulatory framework for stablecoin issuers, releasing two sets of guidelines that will take effect on Aug. 1.  On Tuesday, the HKMA released completed guidelines and consultation conclusions to clarify the upcoming rules.  The documents addressed the supervision of licensed stablecoin issuers and Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF) rules for licensed stablecoin issuers.  Read more

The Tom Lee-led company signaled an intent to possibly repurchase stock should the share value decline below the net asset value of its ether holdings.

In the first quarter of this year alone, Coinbase earned roughly $300 million in distribution payments from Circle, and that's just the start.

U.S. dollar stablecoins will cement their dominance unless alternatives like the digital euro arise, an adviser to the European Central Bank said.

A LINEA token is coming for Ethereum layer-2 network Linea, with builders promising strong alignment with ETH and the ecosystem.

Declan Fox, global product lead for Linea, said there is no exact date for the token generation event yet, but details will be shared a week before. The Consensys-developed Linea network says it will become one of the first Ethereum layer-2 networks to commit to burning Ether as part of its network design, as it shared new details of its upcoming token generation event and airdrop. Linea announced new staking and burning mechanisms for its upcoming token launch in an effort to become more aligned with the layer-1 blockchain, which it hopes will make the network the “home for ETH capital,” according to a statement sent to Cointelegraph. The move comes amid growing concern that layer-2 networks have been leeching chain activity and fee income from the Ethereum mainnet.  Read more

The exchange's CEO Sumit Gupta stated that CoinDCX is "not up for sale," amid talk of a Coinbase acquisition deal.

The scammers created a fake “Federal Crypto Reserve” to re-target victims, charging bogus fees to investigate their own scams.

Ethereum shows signs of strength as ETF inflows climb, while Bitcoin and XRP struggle to sustain momentum amid mixed market signals.

South Korea’s rival stablecoin bills hint at a divide over regulation as the country seeks a stronger foothold in the global crypto market.

CryptoPunks floor prices surge amid rising Ethereum, renewed high-value buying, and the NFT market’s busiest trading days in months.

Now called Tron Inc., the toy firm has pivoted into a crypto proxy tied to the Tron blockchain, with Justin Sun’s father as board chair.

ETH price corrected at the weekly open, but futures data pinpoints the possibility of a breakout to $5,000. Key takeaways: ETH futures and options data show no signs of defensive positioning despite Ether's 7-month price high. Ether ETF inflows and corporate holdings signal growing conviction from institutional investors. Read more

The Pentagon has tapped Swiss firm Auterion to supply 33,000 AI-guided drone “strike kits” to Ukraine as the battlefield continues to evolve.

ETF inflows collapse while leverage stays high. With altcoin appetite uncertain, market observers say ETH may decide if markets rebound or cool further.