Crypto

The world’s largest crypto exchange has turned to BBVA in a bid to rebuild trust and limit counterparty risk.

IVD Medical’s ETH buy will serve as both the backbone of its ivd.xyz tokenization platform and a yield-generating treasury asset, powering settlements, stablecoin backing, and staking strategies.

Humanity Protocol’s $1.1B-valued mainnet uses zkTLS to link Web2 credentials with Web3 services while keeping user data private.

Bitcoin’s energy-based “fair value” sits at $167K, 45% above its current price, as record hash rate data shows BTC trading at a deep 31% discount. Key points: Bitcoin is heavily undervalued vs its “fair” price based on miner output. The Energy Value metric calculates that BTC should be trading at almost $170,000. Read more

Standard Chartered’s Hong Kong arm and Animoca Brands have launched a joint venture, Anchorpoint Financial, to develop a licensed Hong Kong dollar stablecoin. The Hong Kong subsidiary of major bank Standard Chartered has partnered with Web3 software company Animoca Brands to develop a Hong Kong-dollar stablecoin. According to a Friday announcement from Animoca Brands, the two companies jointly established Anchorpoint Financial Limited in Hong Kong to apply for a local stablecoin issuer license. The shared subsidiary will be tasked with building a business model focused on issuing and advancing licensed stablecoins. Per the announcement, Anchorpoint Financial already indicated formal interest in obtaining a stablecoin license with the Hong Kong Monetary Authority on Aug. 1. This followed the regulator’s implementation of its new stablecoin framework through a six-month transition period with special rules. Read more

The joint venture, known as Anchorpoint, also includes Hong Kong Telecom and aims to build a business model for the issuance of licensed stablecoins.

Cryptocurrency exchanges have been rolling out stricter controls and clearer disclosures on how user funds are safeguarded.

The Solana memecoin launchpad says its new Glass Full Foundation will inject liquidity into select ecosystem tokens.

ETH’s price appreciation has also been supported by the growing number of public “crypto treasury companies,” or firms that buy and hold tokens directly or through dedicated vehicles.

Tornado Cash co-founder Roman Storm faces decades in prison if prosecutors retry deadlocked charges in a high-profile case.

Dorsey's fintech company now holds 8,692 BTC worth over $1.15 billion, according to the company’s latest 10-Q filing.

Two Seas Capital is challenging Core Scientific’s $9 billion sale to CoreWeave, arguing the terms significantly undervalue the miner.

Memecoin hits 22-cents with explosive 1 billion+ trading volume during key breakouts as institutional interest builds.

FxPro chief market analyst Alex Kuptsikevich said the rebound aligns with “growing appetite in the stock markets,” but warned that BTC is “trapped in a narrow range.”

Futures market data shows traders quickly closed positions after a burst of speculative activity tied to White House policy moves.

Taiwan Semiconductor Company (TSMC) and Samsung, the largest BTC Mining ASIC manufacturers, have exemptions from the tariffs because of their U.S. operations.

Trump’s nomination of a pro-Bitcoin economist is seen as a tilt toward looser policy, though some warn it could erode the bank’s independence.

Vitalik Buterin says public companies that buy and hold Ether broaden the token’s access to a wider range of investors, but cautioned on leveraging too heavily. Ethereum co-founder Vitalik Buterin has thrown support behind so-called Ether treasury companies, but warned the trend could spiral into an “overleveraged game” if not handled responsibly. In an interview with the Bankless podcast released on Thursday, Buterin said the growing number of public companies buying and holding Ether (ETH) was valuable as they expose the token to a broader range of investors. “There’s definitely valuable services that are being provided there,” Buterin said. He added that companies buying into ETH treasury firms instead of holding the token directly gives people “more options,” especially those with “different financial circumstances.” Read more

The SEC and Ripple have formally ended their appeals, finalizing a 2023 court ruling that split XRP sales into securities and non-securities.

ISPs in the Philippines have blocked access to exchanges including OKX, Bybit and Bitget; Singapore exchange sued by investors: Asia Express. Members of the crypto community in the Philippines say local internet service providers have begun blocking access to several unlicensed cryptocurrency exchanges. The move follows a warning issued Monday by the Securities and Exchange Commission (SEC), which flagged 10 exchanges, including OKX, Bybit, and Bitget, for operating without a license. Several users report they can no longer access these exchanges’ websites, though mobile apps remain functional for now. However, previous enforcement history suggests that app access may also be restricted soon. Read more