Crypto

The Czech Ministry of Justice has been heavily criticized after an independent audit revealed it accepted a Bitcoin donation from a convicted criminal without proper due diligence. According to a July 31 report released by Grant Thornton and shared by the ministry on X, officials failed to assess the legal and reputational risks tied to […] The post Czech ministry under fire for accepting Bitcoin from convicted criminal appeared first on CryptoSlate.

Bitcoin bulls are struggling to keep the market off new three-week lows despite a potential tailwinds coming from the US labor market. Key points: Bitcoin attempts to cement a rebound thanks to US jobs data showing labor market weakness. BTC price action remains below $116,000, but order-book data has traders favoring a short squeeze. Read more

After banning retail access to crypto ETNs and derivatives in 2021, the FCA has reversed its approach in favor of ETN access for retail. The United Kingdom’s Financial Conduct Authority (FCA) has lifted the ban on retail access to cryptocurrency exchange-traded notes (cETNs). Companies in the UK will soon be able to offer retail consumers cETNs, with regulatory changes effective Oct. 8, according to an FCA announcement on Friday. The new development in the UK’s regulatory approach on crypto comes after the FCA banned crypto ETNs in January 2021, citing the extreme volatility of crypto assets and a “lack of legitimate investment need” for retail consumers. Read more

he number of SHIB tokens on exchanges surged, suggesting potential whale distribution despite significant accumulation.

[PRESS RELEASE – Covina, United States, August 1st, 2025] Within the Ethereum ecosystem, Pepe Dollar ($PEPD) has entered its presale phase. Described as a meme token with integrated utility and cultural references, $PEPD introduces a tokenomics structure intended for long-term application. Certain Ethereum wallet holders have initiated ETH transfers to the presale, indicating early transactional […]

BTC is down by over 2% weekly, while many altcoins have it worse.

Following the landmark US passage of the GENIUS Act, Fabian Dori of Sygnum Bank breaks down what lies ahead for stablecoins, institutional adoption and global crypto regulation. The recent US passage of the GENIUS Act marked a significant turning point for stablecoins, setting a regulatory precedent that may shape digital finance globally. Fabian Dori, chief investment officer at Sygnum Bank, joined the latest episode of Cointelegraph’s Byte-Sized Insight podcast, detailing how the act will influence stablecoin adoption, institutional engagement and international regulatory alignment. The GENIUS Act, which introduces a clear federal regulatory framework for fiat-backed stablecoins, demands full transparency from issuers, including one-to-one asset backing, mandatory federal licensing and independent reserve audits.  Read more

FIL encountered significant bearish momentum during the 24-hour period

Ten of the thirteen U.S.-listed miners that the bank tracks outperformed bitcoin last month, the report said.

Bitcoin Cash (BCH) price declined 1.4% from Thursday.

The stock offering would establish new perpetual preferred shares with up to 6% dividends, all proceeds earmarked for BTC acquisitions.

The GENIUS Act leaves a foreign stablecoin loophole that puts US issuers at a competitive disadvantage, says former CFTC Chair Timothy Massad. The signing of the GENIUS Act into law established the first comprehensive regulatory framework for US-issued stablecoins. Supporters argue it will enhance trust, drive mainstream adoption and bolster the dollar’s status as the global reserve currency. With stablecoins now gaining traction in global finance, the GENIUS Act could also prove a boon for the developing world, attract institutional interest and drive a resurgence in decentralized finance (DeFi). However, concerns remain over unresolved issues, such as the regulation of foreign issuers, doubts about the ban on yield-bearing stablecoins and the potential dominance of corporate and traditional finance players. Read more

Tether’s USDT supply has increased by $26 billion in 2025, pushing its market cap to $163.6 billion as global demand for stablecoin grows. Stablecoin-issuer Tether has become the 18th-largest holder of United States Treasurys globally, surpassing the holdings of South Korea, according to a recent attestation report.  On Thursday, Tether said in its attestation report for the second quarter of 2025 that it holds $127 billion in US Treasury bills. The company said it has $105.5 billion in direct US Treasury exposure and $21.3 billion held indirectly.  Tether’s current holdings show a $7 billion increase from the first quarter. On May 19, the stablecoin issuer reported having $120 billion in T-bills, overtaking Germany’s holdings to take the 19th spot.  Read more

THG co-founder and CEO Stefan Deiss told Cointelegraph that the IDTrust allows users full control over their data, giving it an edge over competitors like Microsoft Entra. The Hashgraph Group (THG) has launched a self-sovereign identity (SSI) platform called “IDTrust” to provide a blockchain-based digital identity solution for individuals and institutions.  In an announcement sent exclusively to Cointelegraph, THG said the IDTrust platform is built on the Hedera network and will be powered by artificial intelligence. An SSI platform allows users to issue, manage and verify credentials securely without the need for centralized authorities.  The launch comes as governments and enterprises accelerate digital identity programs, including the Swiss e-ID initiative and the European Union’s eIDAS 2.0 regulation.  Read more

Discussions with investors show a growing focus on the tokenization of real world assets, including stocks, bonds, and real estate.

Brian Armstrong, Sam Bankman-Fried, Sam Altman, and many other tech leaders have had their Spotify accounts leaked.

Bitcoin mining power consumption surged 112% to 33 gigawatts over 17 months while network transactions hit 2-year low and fees comprise less than 1% of block rewards. The post Bitcoin Mining Power Use Jumps 112% to 33 Gigawatts as Network Transactions Hit 2-Year Low: GoMining appeared first on Cryptonews.

In addition to the weak July number, June's and May's originally reported strong job growth were revised sharply lower.

Andreessen Horowitz (a16z) is urging U.S. lawmakers to revisit a draft crypto regulation bill, warning that the current proposal could open legal loopholes. The post VC Firm Andreessen Horowitz Flags Gaps in Draft Crypto Bill appeared first on Cryptonews.

Galaxy Digital surveys the daily rush of new crypto treasury companies: What could possibly go wrong?