Cointelegraph.com

Found 6933 news

  • Fed governor tells bankers DeFi is ‘nothing to be afraid of’
    Cointelegraph.com - 00:54 Aug 21, 2025
    Federal Reserve Governor Christopher Waller urged policymakers and bankers to stop fearing DeFi and stablecoins, saying they will drive the next wave of innovation in the US payments system. US Federal Reserve Governor Christopher Waller told his peers and the private banking sector that there’s “nothing to be afraid of” about crypto payments despite it operating outside the traditional banking system. “There is nothing scary about this just because it occurs in the decentralized finance or DeFi world — this is simply new technology to transfer objects and record transactions,” he said during a speech at the Wyoming Blockchain Symposium 2025 on Wednesday. Leveraging innovative tech to build new payment services isn’t a “new story,” Waller said as he pitched policymakers and the private banking sector to work together on crypto payment infrastructure. “There is nothing to be afraid of when thinking about using smart contracts, tokenization, or distributed ledgers in everyday transactions.” Read more
    Tags: DeFi
  • Judge unfreezes over $57M in stablecoins linked to Libra token scandal
    Cointelegraph.com - 21:57 Aug 20, 2025
    The judge cited ongoing cooperation of the defendants in the case as one of the reasons for unfreezing the stablecoins. A US judge has unfrozen $57.6 million in USDC (USDC) stablecoins tied to the Libra token scandal in February, giving memecoin promoter Hayden Davis and former CEO of the Meteora decentralized exchange Ben Chow access to the funds. US judge Jennifer L. Rochon froze the funds in May as part of a hearing in a class-action lawsuit against Davis, Chow, blockchain infrastructure company KIP Protocol and KIP’s co-founder, Julian Peh. The Judge said the defendants did not demonstrate “irreparable” harm because the funds to reimburse victims are still available, and the defendants have made no effort to move the frozen funds, according to Law360. Read more
    Tags: LIBRA
  • ETH futures data reflects traders’ fear, while onchain data points to a price recovery
    Cointelegraph.com - 21:30 Aug 20, 2025
    Ether price shows resilience despite macroeconomic uncertainty, with derivatives steady and onchain activity strengthening the prospect of a recovery. Key takeaways: Ether’s futures premium and derivatives remain stable, reflecting resilience despite the recent price downturn. Onchain metrics highlight Ethereum’s dominance in fees and TVL, supporting stronger long-term recovery potential. Read more
  • Kraken, Backed expand tokenized stocks to Tron ecosystem amid RWA push
    Cointelegraph.com - 21:26 Aug 20, 2025
    According to a Binance Research report, tokenized stocks are nearing a major inflection point reminiscent of the early days of decentralized finance. On Wednesday, cryptocurrency exchange Kraken and tokenization platform Backed Finance announced an expansion of xStocks, a tokenized stock product offering, to the Tron blockchain. The move comes as real-world asset (RWA) tokenization, particularly within stocks, is taking hold. According to the announcement, Backed will deploy the stocks as TRC-20 tokens. Previously, Kraken and Backed launched xStocks on Solana and BNB Chain. Debuted in late June 2025, xStocks has had more than $2.5 billion in combined DEX and CEX volume, according to a Kraken blog post. “The enthusiasm developing in the RWA sector is more indicative of a growing institutional confidence in the utility of layer 1 blockchain networks like Tron,” a TronDAO representative told Cointelegraph. “As institutional blockchain continues to evolve, we plan to stay focused on building the infrastructure ne...
  • Kraken acquires Capitalise.ai as crypto companies buy AI startups
    Cointelegraph.com - 21:09 Aug 20, 2025
    Kraken’s acquisition will add natural-language trading automation to its Pro platform, as exchanges, miners and analytics companies move aggressively into AI. Crypto exchange Kraken has acquired Israel-based startup Capitalise.ai, a no-code trading automation platform that turns natural-language commands into executable strategies, for an undisclosed amount. The technology will be integrated into Kraken Pro later this year, according to a blog post by Kraken on Aug. 20. Founded in 2015, Capitalise.ai built a platform that converts everyday text into strategies and supports execution across equities, crypto, foreign exchange markets, futures and options. Once integrated, Kraken Pro users will be able to design, backtest, and automate trades across digital and traditional markets without writing code. “This acquisition gives Kraken Pro clients a new way to act on ideas in real time,” said Shannon Kurtas, Kraken’s head of exchange. She said the system aims to make advanced strategies more accessible to a broader...
  • Winklevoss twins donate $21M in BTC to pro-Trump PAC ahead of US midterms
    Cointelegraph.com - 21:03 Aug 20, 2025
    The Gemini co-founders, with a combined net worth in the billions, have said they will make another political contribution in support of US President Donald Trump’s crypto agenda. Cameron and Tyler Winklevoss, co-founders of cryptocurrency exchange Gemini, said they had sent more than $21 million worth of Bitcoin to a political action committee (PAC) with the expressed intention of helping US President Donald Trump’s crypto agenda with a Republican majority in Congress. In a Wednesday X post, Tyler Winklevoss said they contributed more than 188 Bitcoin (BTC), worth about $21 million at the time, to the Digital Freedom Fund PAC. According to the Gemini co-founders, their goal with the contribution was to “support President Trump and his Administration’s efforts” related to crypto policy by attempting to influence the 2026 US midterm elections, support market structure legislation, and “fight for” other issues related to digital assets and blockchain. Read more
  • US must pass regulations or risk losing crypto race — Wyoming Symposium
    Cointelegraph.com - 20:46 Aug 20, 2025
    The panelists agreed that it is not too late for the US to catch up to other jurisdictions, but urged swift crypto regulatory legislation. Panelists at the Wyoming Blockchain Symposium said it is not too late for the United States to catch up to the crypto regulatory frameworks in other regions, but warned that inaction might lead to stagnation and the US falling behind other countries. “I don't think it's too late, even with the Markets in Crypto Assets (MiCA) in the European Union (EU),” Sylvia Favretto, general counsel and corporate secretary at Mysten Labs, the developer behind the Sui network, said.  However, she added that the window of opportunity is “small” and urged immediate action. Stuart Alderoty, chief legal officer at Ripple, said: Read more
  • Crypto advocacy groups double down on Quintenz confirmation at CFTC amid pushback
    Cointelegraph.com - 19:19 Aug 20, 2025
    Seven organizations affiliated with crypto urged a quick confirmation of Brian Quintenz to the CFTC, though nothing was scheduled on the Senate calendar before its recess. Several cryptocurrency and blockchain associations advocating for the industry are pushing for a “prompt confirmation” of Brian Quintenz as chair of the US Commodity Futures Trading Commission (CFTC). In a Wednesday letter to US President Donald Trump, representatives from several crypto organizations reiterated their support for Quintenz’s confirmation in the Senate following the president’s nomination. Signatories included the Crypto Council for Innovation, Blockchain Association, Decentralization Research Center, DeFi Education Fund, The Digital Chamber, Satoshi Action Fund and Solana Policy Institute Read more
  • Brevan Howard’s crypto division CEO Gautam Sharma departs after five years
    Cointelegraph.com - 19:05 Aug 20, 2025
    Brevan Howard reportedly managed $34 billion in assets as of April 2025, with the company's digital asset division, set up in 2021, managing $2 billion. Gautam Sharma, the CEO of alternative investment management company Brevan Howard’s digital assets division, is reportedly leaving after five years. The departure could spell changes for the division, which has grown significantly in the past few years and manages $2 billion in assets. According to a Bloomberg report on Wednesday, Brevan Howard has no plans to fill the role. Meanwhile, the company in May promoted Chris Rayner-Cook, former head of global trading and financing at Coinbase, as the digital assets division’s chief investment officer. Brevan Howard’s digital asset division has over 10 portfolio managers, 13 investment professionals and 15 blockchain engineers. Read more
  • XRP’s price downtrend could continue: Here’s 4 reasons why
    Cointelegraph.com - 19:00 Aug 20, 2025
    XRP data highlights investor profit-taking and reveals reasons why the altcoin’s price could continue to fall. Key takeaways: XRP confirms a bearish descending triangle on the daily chart, risking an 18% drop to $2.40. Declining daily active addresses signal reduced transaction activity and cooling demand for XRP. Read more
  • 51% attack on Monero prompts proposal to overhaul consensus mechanism
    Cointelegraph.com - 18:20 Aug 20, 2025
    Several solutions have been proposed to bolster Monero’s proof-of-work consensus mechanism to prevent 51% attacks on the network. The Monero community is exploring a potential overhaul of its proof-of-work (PoW) consensus mechanism to make the network resistant to 51% attacks. Community members suggested several proposals, including localizing mining hardware, switching to a merge mining algorithm,  allowing XMR to be mined alongside Bitcoin (BTC) or other major cryptocurrencies, and adopting Dash’s ChainLocks solution. Dash’s ChainLocks uses “randomly selected masternodes” to reach a quorum on the first valid block broadcast by the network, locking the blockchain ledger into place and appending the chain only with blocks verified through the ChainLock system. This would function on top of the existing PoW Consensus. Read more
    Tags: Monero
  • Price predictions 8/20: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, LINK, HYPE, XLM
    Cointelegraph.com - 18:03 Aug 20, 2025
    Bitcoin and Ether are trying to rise from their respective lows, indicating strong buying on the dips. Key points: Bitcoin’s drop has resulted in net outflows from BTC ETFs on Tuesday, but buyers are likely to step in and arrest the decline near $110,530. Ether bulls are trying to flip the $4,094 level into support, indicating a positive sentiment. Read more
  • ‘US tariffs on mining rigs are rising sharply’ as CleanSpark, IREN report massive liabilities
    Cointelegraph.com - 18:00 Aug 20, 2025
    US Bitcoin miners face mounting costs and regulatory pressure as the trade war reshapes the industry. The US-led trade war is having major repercussions for the Bitcoin mining industry, with looming disputes with Customs and Border Protection (CBP) potentially exposing American companies to massive liabilities. That was a key takeaway from The Miner Mag’s latest Bitcoin Mining Update, which examined how mining firms are navigating a complex tariff environment shaped by ongoing US-China trade tensions. With the White House modifying tariff rates on several Asian countries, the effective duty now stands at 57.6% on China-origin mining machines and 21.6% on those from Indonesia, Malaysia and Thailand, according to the report. Read more
  • US Senator Lummis: Crypto market structure bill will be law by 2026
    Cointelegraph.com - 17:31 Aug 20, 2025
    The Wyoming lawmaker is one of the Republicans taking the lead to pass market structure in the US Senate. Wyoming Senator Cynthia Lummis, one of the Republicans leading the charge in support of legislation for digital asset market structure, has said a bill will end up on US President Donald Trump’s desk “before the end of the year.” Speaking at the Wyoming Blockchain Symposium in Jackson Hole on Wednesday, Lummis said Republicans’ goals included having a market structure bill passed through the Senate Banking Committee by the end of September, followed by consideration in the Senate Agriculture Committee in October. Both committees will address how the US financial regulators, the Securities and Exchange Commission and Commodity Futures Trading Commission, handle digital assets. Read more
  • 40% of UK crypto users report blocked payments amid rise in ‘anti-consumer’ practices
    Cointelegraph.com - 17:01 Aug 20, 2025
    Nearly half of UK crypto investors face blocked or delayed payments from their banks, raising concerns that Britain is falling behind global rivals in digital assets. A growing share of the United Kingdom’s cryptocurrency investors are struggling to fund their accounts, highlighting the regulatory and banking hurdles facing the digital asset sector. An IG Group survey of 500 UK crypto investors and a broader sample of 2,000 adults found that 40% of users said their bank had either blocked or delayed payments to a crypto provider. Among those affected, 29% lodged complaints with their banks, while 35% said they switched lenders in response. When the broader sample was asked about banks intervening in crypto transactions, 42% said they opposed such measures, while 33% expressed support. Read more
  • Bitcoin eyes liquidity at $110K: Watch these BTC price levels next
    Cointelegraph.com - 15:44 Aug 20, 2025
    Bitcoin rebounded from a swift drop to $112,380, but liquidation heatmap data suggests the worst of the selling has yet to pass. Key takeaways: Bitcoin volatility is expected to remain present ahead of Fed Chair Powell’s speech on Friday. Analysts say Bitcoin’s dip below $112,000 offers a “great entry” opportunity for traders. Read more
    Tags: Bitcoin
  • Bitcoin analysts point to ‘manipulation’ as BTC price falls to 17-day low
    Cointelegraph.com - 14:51 Aug 20, 2025
    Analysts say Bitcoin’s price action is looking increasingly orchestrated, as BTC taps its lowest levels since Aug. 3 amid ongoing US selling. Key points: Bitcoin heads back below $113,000 at the Wall Street open as bulls fail to clinch support. BTC price manipulation is one explanation for the downside, with exchange order-book bid liquidity in focus. Read more
    Tags: Bitcoin
  • Bitcoin’s long-term security budget problem: Impending crisis or FUD?
    Cointelegraph.com - 13:30 Aug 20, 2025
    Critics argue the declining Bitcoin block reward subsidy is a “ticking time bomb” for Bitcoin’s security. Here are some potential solutions. The key selling point of Bitcoin as a store of value has everything to do with the credibility of its monetary policy. As Bitcoin inventor Satoshi Nakamoto once wrote, the rules of the system were set in stone when the network first launched, and those rules included the 21-million-Bitcoin supply cap and the related issuance policy maintained by the roughly four-year halving cycle. But are those rules really set in stone? Is there really no chance Bitcoins monetary policy will change at some point in the future?  Some critics believe that after the block reward drops too low as a result of the halvings and if transaction fee revenue has not risen substantially there will no longer be enough incentive for miners to secure the network. They argue the Bitcoin network may be forced to increase the supply as a result.  Read more
    Tags: Bitcoin
  • Bitcoin’s long-term security budget problem: Impending crisis or FUD?
    Cointelegraph.com - 13:30 Aug 20, 2025
    Critics argue the declining Bitcoin block reward subsidy is a “ticking time bomb” for Bitcoin’s security. Here are some potential solutions. The key selling point of Bitcoin as a store of value has everything to do with the credibility of its monetary policy. As Bitcoin inventor Satoshi Nakamoto once wrote, the rules of the system were set in stone when the network first launched, and those rules included the 21-million-Bitcoin supply cap and the related issuance policy maintained by the roughly four-year halving cycle. But are those rules really set in stone? Is there really no chance Bitcoins monetary policy will change at some point in the future?  Some critics believe that after the block reward drops too low as a result of the halvings and if transaction fee revenue has not risen substantially there will no longer be enough incentive for miners to secure the network. They argue the Bitcoin network may be forced to increase the supply as a result.  Read more
    Tags: Bitcoin
  • Green RWAs recast climate assets as profitable cutting-edge tech
    Cointelegraph.com - 13:30 Aug 20, 2025
    Blockchain-based tokenization of climate assets could unlock trillions in green investments as regulatory frameworks drive carbon trading growth. Opinion by: Nicholas Krapels, head of research and development at Mantra By 2035, the real-world asset (RWA) market is expected to reach over $60 trillion, with green RWAs well-positioned to become a significant subsector in this global onchain movement. Today, tokenized green assets still represent less than 1% of total climate assets and a similarly small percentage of RWAs, which currently are mostly tokenized treasuries. Read more

6933 items