Bank of America and other legacy financial institutions have been increasingly associated with stablecoins amid the growing push for regulatory clarity. Bank of America is in the early stages of exploring stablecoins, aiming to leverage blockchain technology to enhance its payment infrastructure. During the bank’s second-quarter earnings call, CEO Brian Moynihan addressed questions about BoA’s stablecoin strategy, noting that the initial focus is “on stablecoins as a transactional device.” Stablecoin-based payment rails could help BoA move the trillions of dollars in client assets that flow through its systems each day. Read more
Bitcoin price action coils beneath an increasingly thick cloud of liquidity as PPI inflation cools beyond expectations in June. Key points: Bitcoin price targets include taking liquidity at around the $120,000 mark. US PPI inflation cools beyond expectations, providing relief after the hot CPI print the day prior. Read more
As Ethereum marks a decade, Consensys touts its security architecture and “trustware” thesis as key to its long-term role in global finance. As Ethereum nears its 10th anniversary, blockchain company Consensys is proposing a new way to think about the network’s role in the global economy: as critical infrastructure for what it calls a “trustware” era. According to Consensys, Ethereum is evolving beyond a smart contract platform into a foundational layer for verifiable, programmable trust in financial systems and beyond. While the concept remains speculative, Consensys points to Ethereum’s growing share of tokenized assets, stablecoins and decentralized finance as early signals of that shift, further predicting that demand for Ether (ETH) could rise sharply in the coming years. Read more
By deploying a bot on a perpetuals exchange, the trader scaled $6,800 into $1.5 million through maker rebates and microstructure precision. In just two weeks, a relatively unknown trader turned a mere $6,800 into $1.5 million without chasing memecoins, betting on price direction or riding ETF hype. Instead, this small crypto trader cracked a sophisticated crypto market-making strategy: high-frequency, delta-neutral and fueled by maker fee rebates. By quietly becoming a dominant liquidity source on a major perpetual futures platform, they pulled off one of the most efficient, profitable crypto trading tactics of 2025. Read more
Robinhood and Kraken’s tokenized stocks will bring the TradFi world onchain… or fail miserably again like in 2021 depending on who you ask. Ever since Robinhood co-founder Vlad Tenev bounded onto the stage in Cannes two weeks ago, channeling old-time movie star David Niven in his white suit and cravat, everybodys been talking about tokenized stocks. It certainly seems like a big deal for mainstream adoption of crypto. Robinhood is a TradFi equities platform with 26 million retail customers tokenizing stocks on Arbitrum and offering them to EU users through its user-friendly app interface. There are no crypto wallets or seed phrases required and Tenev suggests its a test run for a wider integration of crypto, a demonstration of what Robinhood itself could look like, built entirely on blockchain technology. That same week, Gemini launched its own tokenized stocks on Arbitrum in the EU, and 60 of Backeds xStocks went live on Solana, supported by Kraken, Bybit, Bitrue and Gate.io. Tokenized stocks may be just mo...
The EU has sanctioned multiple entities for using cryptocurrencies to evade restrictions, channel funds, and propagate pro‑Russian disinformation and election interference. The European Union has sanctioned individuals linked to an operation that used digital assets to evade sanctions and fund pro-Russian disinformation campaigns. In a decision announced on Tuesday under the EU’s Common Foreign and Security Policy, sanctions were imposed on nine individuals and six entities. Among them was Kremlin-linked influencer Simeon Boikov, known as AussieCossack, for spreading pro-Russian disinformation. Boikov was reportedly also responsible for the spread of a fabricated video alleging voter fraud in Georgia in the 2024 US election. According to a Tuesday TRM Labs report, he raised donations through multiple channels, accepting cash and cryptocurrencies. Read more
Bitcoin price has more room to run, with big overhead resistance between $124,000-$126,000 in place and several key support levels below. Key takeaways: Bitcoin hit $122,000 all-time high on Monday, but onchain data shows no signs of overheating, suggesting more growth potential in 2025. BTC price resistance at $124,000-$136,000 remains the main barrier for now. Read more
A dual-network design and fractal sharding give the Waterfall Network interesting scalability properties. Can a blockchain scale without breaking the promise of decentralization? Waterfall Network argues yes by leaving the linear blockchain model behind. In July 2024, Waterfall Network launched its mainnet and joined the short list of layer-1 protocols that depart from the traditional blockchain architecture. In its latest report, Cointelegraph Research investigates Waterfall Network’s architecture and validator design to assess whether it can become a sustainable, alternative base layer. The full Cointelegraph Research report on Waterfall includes validator roles, DAG propagation mechanics and ecosystem overview. Download the full report here Waterfall Network is a layer-1 protocol that implements a Directed Acyclic Graph (DAG) as its foundational ledger. A DAG is a non-linear data structure that arranges blocks as vertices in a directed graph. Read more
Bitlayer faces competition from other Bitcoin DeFi protocols such as BabylonChain, Stacks and BounceBit. Bitlayer, a Bitcoin decentralized finance (DeFi) infrastructure startup backed by Franklin Templeton, has launched its smart contract bridge on mainnet, aiming to make Bitcoin more interoperable across multiple blockchain networks. The bridge, called BitVM, is described by the company as a “trust-minimized bridging solution for Bitcoin holders.” It enables users to deposit Bitcoin (BTC) into a smart contract, where it is held in escrow and converted into Peg-BTC (YBTC), a tokenized version of Bitcoin that can interact with smart contract platforms. According to Bitlayer, Peg-BTC is designed to facilitate programmability and crosschain compatibility. The company has already secured partnerships to integrate the bridge with networks including Sui, Base, and Arbitrum. Read more
Iurii Gugnin allegedly used fake documents to bypass sanctions and launder $530 million for Russian clients. In the process, he deceived US banks. Iurii Gugnin allegedly used his crypto firm to move $530 million through US banks and crypto exchanges using Tether (USDT), facilitating payments for Russian clients tied to sanctioned banks. Gugnin allegedly failed to implement AML regulations and didn’t file suspicious activity reports (SARs), violating the Bank Secrecy Act and misleading financial institutions. Gugnin also reportedly accessed websites that provided information on indicators of criminal investigation and methods for detecting law enforcement surveillance. Read more