Crypto

While Telegram banned Huione and Xinbi Guarantee channels amid pressure from blockchain intelligence firms and U.S. regulators, the broader ecosystem is beginning to bounce back.

Crypto markets slide 5.4% as Bitcoin, Ethereum, and XRP fall ahead of Fed decision while ETF flows remain strong despite policy uncertainty.

WLFI’s USD1 stablecoin will be used as a collateral asset on Falcon Finance, fueling regulatory concerns about potential conflicts of interest related to the Trump family-backed platform. A blockchain platform affiliated with US President Donald Trump has invested $10 million in Falcon Finance to support the development of stablecoin infrastructure, the companies said Wednesday. The investment aims to improve liquidity and interoperability between two stablecoins: Falcon USD (USDf) and World Liberty Financial USD (USD1), a token launched by the Trump-linked World Liberty Financial (WLFI) platform in March. Falcon Finance will use the $10 million investment to build shared liquidity, multichain compatibility and quick conversion infrastructure between USDf and USD1, the company said. Read more

Ripple claims hundreds of bank partners, but with a 30%–40% drop in XRPL activity and institutional use concentrated offchain, transparency concerns persist. Ripple, the company behind major cryptocurrency XRP, is facing community backlash after online entrepreneur Andrei Jikh raised questions over the company’s projects and transparency. Jikh took to X on Wednesday to voice multiple concerns about Ripple, including the lack of verifiable onchain data to support the company’s claim of securing over 300 bank partnerships in its 13 years of operation. Ripple’s chief technology officer, David Schwartz, promptly joined the X thread, addressing all six questions raised by Jikh to defend the company’s approach to transparency, onchain data and institutional adoption. Read more

Ripple’s Chief Technology Officer, David Schwartz, has revealed that regulatory risks are the main reason why the company and its partners have not embraced the XRP Ledger’s decentralized exchange (DEX) for payment settlements. The statement came in response to a user on X (formerly Twitter) who questioned the DEX’s underwhelming activity despite Ripple’s wide-ranging institutional […] The post Ripple CTO reveals why the firm is not currently using XRPL DEX for payments appeared first on CryptoSlate.

Investors are uncertain and moving their Bitcoin off exchanges, while stablecoins are set to take off after GENIUS passed. Crypto market analysts are optimistic as July winds to a close, and Bitcoin reserves on crypto exchanges are down 2% on the month. This is a bullish signal. A decrease in exchange reserves indicates people are taking their Bitcoin (BTC) off exchanges and holding it, anticipating the price to go higher. While 2% on the month sounds like small potatoes, it continues the overall decrease in exchange reserves since January. In the US, the House of Representatives passed three crypto laws in July. One of them — the GENIUS Act regulating stablecoins — was signed into law by President Donald Trump. With set rules for stablecoins, and a regulatory framework in the form of the CLARITY Act making its way through the Senate, observers predict substantial growth in the stablecoin sector.  Read more

Japan is proposing a major reform in its tax regime for crypto assets. If passed, these changes will make digital asset investing simpler for crypto investors. Crypto investors in Japan are bracing for a major tax shake-up in the country. On Jun. 24, Japan’s Financial Services Agency (FSA) proposed classifying crypto assets as financial products, similar to equities, bonds, etc. This reclassification would put crypto assets under the scope of the Financial Instruments and Exchange Act (FIEA), a regulatory framework that is applicable to traditional financial products in the country. Japan has long been recognized as a global pioneer in cryptocurrency adoption and regulation alike. 2025 is shaping up to be a pivotal year for digital assets in the world’s fifth-largest economy. The FSA’s proposal is aligned with the government’s wider “New Capitalism” initiative, which aims to transform the nation into an investment-driven economy. By aligning crypto taxation with traditional financial products, Japan aims to s...

Twenty One Capital, backed by Cantor Fitzgerald and Tether, may begin issuing US dollar loans using Bitcoin as collateral. Twenty One Capital is reportedly exploring a strategy that would allow it to issue US dollar loans backed by Bitcoin collateral, Bloomberg reported Wednesday, citing a person familiar with the matter. “Optionality is wealth; for us everything is on the table because we think we can do anything,” a spokesperson for the crypto company reportedly said. Twenty One Capital, backed by Cantor Fitzgerald, has expanded its Bitcoin holdings to at least 43,500 BTC, about 1,500 Bitcoin (BTC) more than originally projected. The company recently acquired about 5,800 BTC from stablecoin issuer Tether, pushing its total holdings to an estimated $5.13 billion at current prices. Read more

Coinbase and JPMorgan Chase partner to bring crypto purchases, stablecoin rewards and direct bank integrations to Chase customers. JPMorgan Chase has partnered with crypto exchange Coinbase to introduce crypto integrations to its customers, a step in bridging traditional finance with digital assets.  Coinbase announced Wednesday that Chase credit card holders can use their cards to buy crypto on Coinbase starting this fall. In addition, Coinbase said JPMorgan’s customers will also be able to redeem their Chase Ultimate Rewards Points for USDC (USDC) in 2026.  Coinbase said this will be the first major rewards program redeemable for crypto. “For the first time, points from a major credit card rewards program will be redeemable for crypto rewards,” Coinbase said.  Read more

Zora led the way for daily token creations on Monday, accounting for more launches than Solana giants Pump.fun and LetsBonk combined.

JPMorganChase and Coinbase have signed a deal that will allow customers to buy crypto quicker and easier than before.

The crypto exchange plans a fresh capital raise amid a wave of public listings from major names in the industry.

Ethereum turns 10 as corporate treasury firms and Wall Street entities increase their Ether holdings, signaling growing institutional adoption. Corporations and Wall Street entities are starting to recognize Ether as the next emerging treasury asset as the world’s second-largest cryptocurrency and blockchain network celebrates its 10th anniversary on Wednesday. Ethereum went live on July 30, 2015, introducing smart contract functionality and laying the foundation for the decentralized finance (DeFi) ecosystem. The network has maintained 10 years of uninterrupted uptime. To mark the milestone, Cointelegraph reviewed the five largest corporate Ether (ETH) holders, underscoring Ether’s rising status as a strategic reserve asset among public companies. Read more

Volusia County’s crypto seizure from a foreign brokerage was based on a sealed warrant with no case number and no clear fraud link.

From the ICO craze and CryptoKitties to the Merge and spot ETFs, Ethereum’s first decade is a reflection of crypto’s most chaotic and innovative moments. Ethereum celebrated its 10-year anniversary on Wednesday, with renewed institutional momentum fueling hopes that Ether (ETH) could challenge its all-time high that was set in November 2021. Over the past decade, Ethereum has become the largest decentralized finance (DeFi) blockchain, with nearly $85 billion in total value locked (TVL) at the time of writing. Vitalik Buterin, Ethereum’s co-founder, circulated an early version of the white paper in 2013. The project raised $18.3 million in its initial coin offering (ICO) and officially launched in 2015 as a blockchain for smart contracts. Its cryptocurrency, Ether, now ranks as the second-largest cryptocurrency by market capitalization after Bitcoin (BTC). Read more

A Kraken executive told Cointelegraph that tokenized equities shouldn’t just copy Wall Street onto the blockchain but reinvent how users access financial assets. As traditional finance becomes more intertwined with blockchain technology, a Kraken executive said simply bringing traditional financial products onto a blockchain won’t cut it and is not the end goal for tokenization.   Mark Greenberg, the global head of Kraken’s Consumer Business Unit, told Cointelegraph that tokenized equities must go beyond replicating Wall Street systems onchain. Instead, he said they should unlock new levels of accessibility, programmability and global reach. He argued that it’s an opportunity to fundamentally rethink how global markets function when it comes to accessibility, programmability and user access to legacy tools.  Read more

Most of XRP’s recent losses occurred during the $175 million transfer period linked to the Ripple co-founder. Key takeaways: Over 93% of XRP supply is in profit resulting in a profiting-taking spike. Whale activity and theft headlines have amplified XRP’s downside pressure. Read more

Hong Kong will begin enforcing its new stablecoin regulations on Friday, with a six-month transition period allowing temporary licenses for issuers. The Hong Kong Monetary Authority (HKMA) will implement a six-month transition period with special rules as part of its new framework for stablecoins, which is set to take effect on Friday. According to a Wednesday report by local news outlet Radio Television Hong Kong, the HKMA will introduce a six-month transitional arrangement as the new stablecoin framework becomes active. The provisional rules also include the issuance of temporary licenses to issuers capable of complying with regulatory requirements. However, if a Hong Kong stablecoin issuer fails to comply with the new rules within three months, they will be required to wind down their operations within four months. Issuers that the HKMA believes cannot comply with the new rules will be forced to cease operations within a single month of receiving their notice, the report said. Read more

The overhaul may simplify onboarding for new investors—but could also raise barriers for high-frequency trading, Decrypt was told.

Prosecutors say the former executive funneled company funds into crypto via false claims, with investigators tracing assets despite obfuscation tools.