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The lightweight zero-knowledge proof will allow Bitcoin users to verify payments without having to download the full blockchain history. StarkWare, a company specializing in zero-knowledge (ZK) technology, a way of verifying information without revealing the specific contents of that information, said it created a ZK verification of the Bitcoin (BTC) blockchain that can run on mobile devices. The proof contains all the Bitcoin block headers from the genesis block until the present, but not the full and detailed Bitcoin blockchain history, which is over 680 gigabytes in size. Each block header includes the version number of the Bitcoin software used to mine the block, a reference to the previous block in the chain, a timestamp, the block size and the nonce — the random number the miner has to find to add the block to the ledger. Read more
From harsh 55% taxes to a flat 20%, Japan’s crypto overhaul promises relief for investors in a bid to boost Web3 innovation. Japan plans to replace progressive crypto tax rates up to 55% with a flat 20% by fiscal year 2026. New rules will align digital assets with equities, adding safeguards against insider trading and unfair practices. Investors will gain three-year loss carry-forward provisions, which ease volatility and improve portfolio risk management. Read more
Bitcoin bulls have reasons to eye new all-time highs as analysis shows a BTC price breakout and ongoing resistance showdown. Key points: Bitcoin has not peaked for this bull market, analysis argues after BTC revisits $114,000. History suggests that the bull market would be too short if $124,000 was the top. Read more
Bitcoin surged past $114,000 as softer-than-expected US PPI data reinforced Federal Reserve interest rate cut expectations. Key takeaways: Bitcoin broke $114,000 as data showed PPI inflation cooled sharply in August. Traders believe the data could push the Federal Reserve to cut rates in September. Read more
The EU’s proposed Chat Control law is just short of the critical support it needs to pass in the EU Council, and Germany could change the balance. As the EU Council heads to vote on the so-called “Chat Control” law, Germany could prove the deciding factor. Put forward by Denmark, the law would essentially eliminate encrypted messaging, requiring services such as Telegram, WhatsApp and Signal to allow regulators to screen messages before they are encrypted and sent. Legislators from 15 member states of the EU have indicated support for the bill, but those countries do not constitute at least 65% of the EU population, meaning they need additional support. Read more
How TRUMP, DJT and WLFI clash with California’s crypto rules and why Newsom teased a “Trump Corruption Coin.” Political memecoins are tokens themed around real politicians or campaigns. They trade less on utility and more on narrative or community sentiment, which can push them up during election cycles. Most of these memecoins are launched on Solana or Ethereum, with platforms like Pump.fun lowering costs and making it easy for thousands of short-lived tokens to appear. Read more
India is reportedly delaying comprehensive crypto regulation as its central bank warns rules could legitimize digital assets and create systemic risks. Indian regulators are reportedly holding back from introducing comprehensive crypto rules over concerns that regulation could legitimize digital assets and create systemic risks. According to a Wednesday Reuters report citing documents the outlet’s reporters viewed, the Reserve Bank of India (RBI) maintains the view that containing the risks posed by cryptocurrencies through regulation would be challenging. The document reportedly states that regulating cryptocurrencies would legitimize them and “cause the sector to become systemic.” An outright ban on cryptocurrencies, the document continued, would address the alarming risks of speculative crypto assets but could not tackle peer-to-peer transfers or trades on decentralised exchanges. Read more
Binance has partnered with the crypto ETF issuer Franklin Templeton to explore the tokenization of securities combined with a global trading infrastructure. Binance, the world’s largest crypto exchange by trading volume, has entered into a partnership with the US crypto exchange-traded fund (ETF) provider, Franklin Templeton. Binance and Franklin Templeton are collaborating to explore tokenization of securities combined with a global trading infrastructure, the crypto exchange announced on Wednesday. “Our goal is to take tokenization from concept to practice for clients to achieve efficiencies in settlement, collateral management, and portfolio construction at scale,” said Roger Bayston, Franklin Templeton’s head of digital assets. Read more
The first US Dogecoin ETF sparks debate over whether it’s a milestone for adoption or the institutionalization of speculation. The first US Dogecoin (DOGE) exchange-traded fund (ETF) is set to launch Thursday, dividing industry voices between those calling it a breakthrough for crypto’s community-driven legitimacy and those dismissing it as speculation in a new wrapper. Unlike Bitcoin ETFs approved under the Securities Act of 1933, the Rex-Osprey Dogecoin ETF (DOJE) won approval under the Investment Company Act of 1940, a framework typically used for mutual funds and diversified ETFs. BlackRock’s spot crypto fund, for instance, simply holds Bitcoin (BTC) in Coinbase custody. DOJE instead gains exposure through a Cayman Islands subsidiary and derivatives since the 1940 act requires diversification and restricts single-asset concentration. Read more
Regulatory compliance is reshaping crosschain crypto as AML blind spots persist in bridges, forcing DeFi protocols to choose between innovation and adoption. Opinion by: Temujin Louie, CEO of Wanchain Institutional capital is not crossing the bridge — it’s waiting for the compliance gatekeeper. While crosschain transactions promised a seamless, borderless crypto economy, regulatory walls are rising on every chain. Emerging standards like Markets in Crypto Assets (MiCA) in Europe and the Financial Action Task Force (FATF) Travel Rule are no longer optional hurdles. They define who survives in the race for global liquidity. Read more
Ethereum and Polkadot co-founder Gavin Wood admits Vitalik Buterin’s success used to bother him but now he just wants to build great products. Does it bother you that Ethereum co-founder Vitalik Buterin made Times 2021 list of the 100 most influential people? Magazine asks. Itd be a weird question to ask most people, but not Ethereum co-founder Dr. Gavin Wood. If I said, No, it has never bothered me. I think it would be a lie, Wood tells Magazine, before taking a short pause Read more
Ethereum and Polkadot co-founder Gavin Wood admits Vitalik Buterin’s success used to bother him but now he just wants to build great products. Does it bother you that Ethereum co-founder Vitalik Buterin made Times 2021 list of the 100 most influential people? Magazine asks. Itd be a weird question to ask most people, but not Ethereum co-founder Dr. Gavin Wood. If I said, No, it has never bothered me. I think it would be a lie, Wood tells Magazine, before taking a short pause Read more
Bubblemaps flags 100 wallets that claimed 9.8 million MYX tokens worth around $170 million, calling it the “biggest airdrop Sybil of all time.” Blockchain analytics firm Bubblemaps has flagged what it claimed could be the largest Sybil attack in crypto history, identifying around 100 freshly funded wallets that claimed 9.8 million MYX tokens, worth $170 million, from a recent airdrop. In a series of X posts on Wednesday, Bubblemaps revealed that the wallets received similar amounts of BNB (BNB) from crypto exchange OKX within minutes of each other, nearly a month before the airdrop. “Everyone is talking about MYX hitting a $17B FDV A 20x in under 48 hours,” Bubblemaps wrote. “But we spotted something unusual. Something no one is mentioning,” it added. Read more
The SEC’s Paul Atkins commented on Project Crypto, proposing one regulatory framework for trading, lending and staking digital assets. US Securities and Exchange Commission (SEC) Chair Paul Atkins said that “most crypto tokens are not securities,” while outlining a sweeping plan to integrate crypto activities like trading, lending and staking under a unified regulatory framework. “It is a new day at the SEC,” Atkins said during a keynote address at the Organization for Economic Cooperation and Development (OECD) Roundtable in Paris on Wednesday. “Policy will no longer be set by ad hoc enforcement actions,” he added, contrasting the previous administration’s aggressive crackdown on crypto firms. “We will provide clear, predictable rules of the road so that innovators can thrive in the United States,” Atkins said. Read more
EIP-7943 author Dario Lo Buglio told Cointelegraph that the standard’s goal is to solve industry fragmentation with standardized functions for compliance. A coalition of Web3 companies has introduced a new Ethereum token standard designed to streamline compliance and reduce fragmentation in the growing real-world asset (RWA) sector. According to an announcement sent to Cointelegraph, the standard, ERC-7943, creates a minimal, modular interface designed to work across Ethereum layer-2s and Ethereum Virtual Machine (EVM) chains, while remaining agnostic to implementation and vendor-specific infrastructure. This means it can work in any setup and isn’t locked into any specific company’s tools. Dario Lo Buglio, the co-founder of Brickken and the author of the Ethereum Improvement Proposal (EIP)-7943, told Cointelegraph that the new standard acts as a “universal layer” that sits on top of any token type. This allows developers and institutions to avoid having to use wrappers and custom bridges while integrating t...
Kyrgyz lawmakers passed amendments to the “On Virtual Assets” bill in three readings, defining terms like a state crypto reserve and state crypto mining. Kyrgyzstan, a key emerging player in Central Asia’s crypto market, has advanced a bill to establish a state cryptocurrency reserve and support the growth of the wider digital asset industry. Kyrgyz lawmakers have passed amendments to a bill “On virtual assets” in three readings at once, officially cementing terms like “state crypto reserve” and “state mining,” the parliament announced on Wednesday. Presented by Economy and Commerce Minister Bakyt Sydykov, the bill addresses multiple aspects of Kyrgyzstan’s crypto adoption, including establishing a legal framework for the issuance and circulation of stablecoins, tokenized real-world assets (RWAs) and state-run industry operations. Read more
Ether price is stuck in a range, with multiple ETH metrics suggesting that the price could see a deeper correction in the short term. Key takeaways: Ether bears are getting louder as the price remains rangebound. Declining spot volume signals weak demand and increasing ETH price vulnerability. Read more
Paxos updated its bid to issue Hyperliquid’s USDH stablecoin, unveiling a PayPal-backed product with payment integration and a revenue model tied to the DEX’s growth. Stablecoin issuer Paxos has updated its proposal to issue USDH, the planned stablecoin of decentralized exchange (DEX) Hyperliquid, adding support from PayPal and Venmo. In a Wednesday announcement, Paxos updated its Saturday proposal to issue USDH. The firm stated that “PayPal has committed to supporting the Hyperliquid ecosystem,” by listing the HYPE token, supporting the new stablecoin with free on and off-ramps and supporting both USDH and Hyperliquid (HYPE) for PayPal checkout. PayPal would also provide $20 million in incentives committed to the HYPE ecosystem and integrate USDH into its payment app, Venmo, and money remittance service, Xoom. Paxos also stated that its regulatory standing in the European Union would allow its stablecoin to circulate there as well, “ensuring that USDH can scale globally.” Read more
Who owns the most XRP in 2025? From Ripple’s enormous stake to Chris Larson’s billions, get the full XRP rich list breakdown here. Ripple Labs is by far the largest XRP (XRP) owner, controlling around 42% of the total 100 billion supply. This is unsurprising, as it is the company that developed the XRP Ledger and created the XRP digital currency. The San Francisco-based operation has its massive stake broken down into two categories: Read more
Asset Entities shares rose over 50% after-hours as its shareholders approved a merger with Strive to build a $1.5 billion Bitcoin treasury. Shares in the marketing firm Asset Entities (ASST) rose 52% in after-hours trading on Tuesday after its shareholders approved a merger with Vivek Ramaswamy’s Strive Enterprises to form a Bitcoin treasury company. Asset Entities said on Tuesday that a “strong majority” of shareholders voted for the merger with plans to raise $1.5 billion to buy Bitcoin (BTC). The new company will be renamed to Strive, Inc. and continue trading under the ticker ASST. Asset Entities shares closed trading on Tuesday up 17.8% at $6.28 and rallied over 52% after-hours to $9.55 on the company’s merger announcement. Read more6933 items