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Found 5789 news

  • ETH news update: Will expanding corporate Ether treasuries send price to $2.8K?
    Cointelegraph.com - 17:33 Jul 03, 2025
    Growth in companies adding to their ETH treasuries and the acceleration of Ethereum adoption in TradFi could send Ether price to $2,800. Key point: Ether price is showing strength as increasing demand from companies buying and building ETH treasuries accelerates. BitMine Immersion Technologies and Bit Digital recently announced plans to make Ether (ETH) a part of their treasury strategy. Additionally, sports betting company SharpLink Gaming boosted its Ether holdings to 188,000 Ether after the latest purchase of 12,207 Ether in the week ending June 20. Read more
    Tags: Ether
  • Bitstamp granted MAS license to operate in Singapore
    Cointelegraph.com - 17:23 Jul 03, 2025
    The license was granted after a new policy from Singapore's Monetary Authority required all crypto firms based in the country to register. The Monetary Authority of Singapore (MAS) has granted crypto exchange Bitstamp a license to provide services to residents of the Southeast Asian country, the company announced on Thursday. Bitstamp's license is part of the exchange's broader expansion into the Asia-Pacific (APAC) region, the company said. In June, MAS ordered all crypto exchanges serving overseas customers to get licensed or face expulsion, imprisonment, and financial penalties. The regulator also warned that obtaining a license would be very difficult. MAS officials wrote: Read more
  • Bitcoin holding $109K proves bulls control the market: Will new highs happen today?
    Cointelegraph.com - 17:03 Jul 03, 2025
    Bitcoin bulls will have to maintain the price above $109,000 to enhance the prospects of a breakout to a new all-time high above $111,980. Key point: BTC’s rally above $109,000 has invalidated a bearish pattern, setting the stage for bulls to make a run at a new all-time high. Bitcoin (BTC) rallied sharply on Wednesday and is trying to continue its uptrend on Thursday, indicating sustained demand from the bulls. 10x Research head of research Markus Thielen told Cointelegraph that Bitcoin could surge to $116,000, supported by strong inflows into the spot Bitcoin exchange-traded funds, US Federal Reserve uncertainty and the sharp drop in Bitcoin supply on crypto exchanges. Read more
    Tags: Bitcoin
  • 16 billion passwords leaked. Is it finally time for blockchain-based digital identity?
    Cointelegraph.com - 16:45 Jul 03, 2025
    More than 16 billion passwords were leaked in 2025, not from a single breach, but from years of silent malware infections. In June 2025, cybersecurity researchers at Cybernews uncovered one of the most significant credential leaks ever recorded: More than 16 billion login details compiled into roughly 30 massive data sets were freely circulating online. Rather than a single catastrophic breach, this was the accumulation of years’ worth of infostealer malware silently infecting devices, scraping everything from passwords and cookies to active session tokens and web login histories.  Read more
  • IRS division failed to meet standards for seizing crypto, says watchdog
    Cointelegraph.com - 16:41 Jul 03, 2025
    Based on an evaluation between December 2023 and January 2025, the IRS Criminal Investigation did not always follow guidelines around seizing and holding crypto in cases. A US government watchdog has recommended reforms to the Internal Revenue Service (IRS) criminal investigation division’s handling of digital assets, citing repeated failures to follow established protocols. In a Tuesday report, the US Treasury Inspector General for Tax Administration said its evaluation of the IRS Criminal Investigation (IRS-CI) revealed shortcomings around the seizure and safeguarding of digital assets. According to the government watchdog, the IRS failed to follow all guidelines between December 2023 and January 2025 for seizure memorandums around confiscated crypto, detailing the addresses, dates, and amounts.  Read more
  • Amundi warns GENIUS Act could backfire, undermining dollar dominance
    Cointelegraph.com - 16:16 Jul 03, 2025
    Europe's largest asset manager says the US GENIUS Act could unintentionally weaken the greenback and disrupt global payments. European asset manager Amundi believes that the US GENIUS Act could trigger a surge in dollar-backed stablecoins, potentially causing unintended consequences for the global payment system, and even threatening the long-term dominance of the greenback itself. “It could be genius, or it could be evil, said Vincent Mortier, Amundi’s chief investment officer, in a recent interview with Reuters.  While dollar-backed stablecoins have long been seen as a way to guarantee the dollar’s global hegemony, promoting a stablecoin could actually create “an alternative to the US dollar [...] that can could lead to more weakening of the dollar,” said Mortier. Read more
  • XRP futures OI jumps 30% as price chart ‘pennant’ targets $3.20
    Cointelegraph.com - 15:09 Jul 03, 2025
    XRP’s price breaks out of a “pennant” with a profit target of around $3.20 amid increasing futures open interest. Key takeaways: XRP breaks out of a  “pennant” on the weekly chart, hinting at 40% gains to $3.20. Several positive developments and increasing open futures open interest signal XRP’s ability to break out of consolidation. Read more
  • Fix AI’s data theft problem with onchain attribution
    Cointelegraph.com - 15:00 Jul 03, 2025
    AI models generate immense value from user data. It’s time to demand onchain attribution and pay the people whose data makes AI possible with Payable AI, to ensure fair recognition and payment for everyone. Opinion by: Ram Kumar, core contributor at OpenLedger The public has knowingly contributed to the rise of artificial intelligence, often without realizing it. As AI models are projected to generate trillions of dollars in value, it’s time to start treating data like labor and building onchain attribution systems to pay the ones making it possible.  X posts by users helped train ChatGPT, and their blog posts and forum replies shaped models that are now monetized by some of the most powerful companies in the world. Read more
  • Growing numbers of users are taking LSD with ChatGPT: AI Eye
    Cointelegraph.com - 14:30 Jul 03, 2025
    Users are turning to ChatGPT to guide them through acid trips. Plus Microsoft stacks the deck in dodgy medical superintelligence test. AI Eye A new use case for ChatGPT just dropped it can listen to wild-eyed trippers explain their theories about why the universe is just one singular consciousness experiencing itself subjectively, so that you dont have to. Over the past few years, theres been growing interest in using psychedelics in therapy. Clinical studies suggest psychedelics like mushrooms, LSD, ketamine and DMT can help some people with issues such as depression, addiction and PTSD. Assigning ChatGPT to the therapist role is a budget alternative; a professional can set you back $1,500 to $3,000 per session. Users can enlist bots, such as TripSitAI and The Shaman, that have been explicitly designed to guide users through a psychedelic experience. MIT Technology Review spoke to a Canadian master’s student called Peter, who took a heroic dose of mushrooms and reported the AI helped him with deep breathing ...
    Tags: ChatGPT
  • Quantum computers could bring lost Bitcoin back to life: Here’s how
    Cointelegraph.com - 14:25 Jul 03, 2025
    Quantum computing could enable the reverse engineering of private keys from publicly exposed ones, putting the security of Bitcoin holders at risk. Quantum technology can process an enormous amount of data and solve complex problems in seconds rather than decades. Remarkably, quantum technology first appeared in the early 1900s. It originated from quantum mechanics, a branch of physics that examines how matter and energy behave at extremely small scales, such as atoms and subatomic particles.  Read more
  • JD.com, Ant Group push yuan stablecoins to challenge US dollar dominance
    Cointelegraph.com - 13:56 Jul 03, 2025
    JD.com and Ant Group are reportedly lobbying Chinese regulators to launch yuan-based stablecoins to boost the currency’s global role and counter US dollar-pegged tokens. China’s e-commerce heavyweight JD.com and Ant Group, the fintech arm of Alibaba, are lobbying the People’s Bank of China (PBOC) to greenlight Chinese yuan-based stablecoins to counter the global rise of US dollar-pegged tokens. The two firms urged regulators to allow stablecoins backed by offshore yuan (Chinese yuan that circulates outside mainland China) to launch in Hong Kong, arguing it would strengthen the yuan’s role in global trade while limiting the dollar’s influence, Reuters reported Thursday, citing sources familiar with the matter. Per the report, during recent private meetings with the PBOC, JD.com executives argued that yuan stablecoins are urgently needed to promote the currency’s international use. Read more
  • Bitcoin dices with $110K as US jobs beat takes Fed rate cut 'off table'
    Cointelegraph.com - 13:46 Jul 03, 2025
    Bitcoin reverses its push beyond $110,000 as markets discount the odds of the Federal Reserve lowering interest rates before September. Key points: Bitcoin quickly reversed gains as US nonfarm payrolls data beat expectations and unemployment fell more than thought. Analysis says that the Federal Reserve is now unlikely to lower interest rates at its July meeting. Read more
    Tags: Bitcoin
  • Pakistan Bitcoin mining plan in limbo as IMF rejects power subsidies: Report
    Cointelegraph.com - 13:24 Jul 03, 2025
    The IMF has reportedly blocked Pakistan’s plan to use cheap electricity for crypto mining, warning it could destabilize the energy market. Pakistan’s plan to use surplus electricity for crypto mining has hit a roadblock after the International Monetary Fund (IMF) reportedly rejected a proposal to offer subsidized power to energy-intensive industries, including Bitcoin miners. Pakistan’s Secretary of Power Fakhre Alam Irfan told the Senate committee on energy that the IMF claimed such measures could distort the energy market and worsen existing issues in the country’s fragile power sector, according to a report from Urdu-language news outlet Independent Urdu. Although Pakistan has excess electricity, particularly during winter, the IMF remains concerned that pricing schemes could disrupt the market balance, per the report. Irfan said all significant energy policies must be approved by the IMF. Read more
  • MiCA enforcement still fragmented across EU, says Bitpanda exec
    Cointelegraph.com - 13:18 Jul 03, 2025
    Bitpanda’s public affairs lead, Benedikt Faupel, told Cointelegraph that while MiCA brings long-awaited regulatory clarity, harmonization is still lacking. Benedikt Faupel, head of public affairs at Austrian crypto exchange Bitpanda, said Europe’s flagship crypto regulation still allows uneven implementation across the bloc. Faupel told Cointelegraph on the sidelines of the German Blockchain Week that, as far as he knows, Bitpanda is the only player with three Markets in Crypto-Assets Regulation (MiCA) licenses. The exchange was founded in Austria in 2014 and has since established additional offices in Berlin, Bucharest, London and elsewhere. Faupel said that MiCA provides the European Union with long-awaited regulatory clarity and harmonization. Before MiCA, he said, the European crypto landscape was fragmented into multiple separate licensing regimes, with Bitpanda previously holding 17 licenses. “With MiCA, you just make it way easier,” he said. Read more
  • Bitcoin price rallied 80% the last time BTC funding rates flipped red
    Cointelegraph.com - 13:18 Jul 03, 2025
    A large cluster of potential short liquidations near $111,320 could trigger a squeeze to accelerate Bitcoin’s next leg higher into price discovery. Key takeaways: Bitcoin's funding rate briefly turned negative in late June, historically a signal for upcoming rallies. A large concentration of short liquidations near $111,320 could fuel a short squeeze. Read more
    Tags: Bitcoin
  • Why can’t Bitcoin price break $112K all-time highs? BTC analysts explain
    Cointelegraph.com - 12:31 Jul 03, 2025
    The absence of new buyers and FOMO-driven greed are key factors that could keep Bitcoin price pinned below $112,000 longer than many think. Key takeaways: Bitcoin price taps $110,000, but low spot buying demand suggests the upside could be limited. High retail FOMO and a near-overbought RSI signal a potential BTC price correction. Read more
    Tags: Bitcoin
  • John Smedley’s studio raises $30.5M for new shooter built on Etherlink
    Cointelegraph.com - 12:30 Jul 03, 2025
    Gaming industry veteran John Smedley is making his first foray into Web3 gaming with a new AAA shooter featuring Tezos layer-2 blockchain Etherlink. John Smedley, a gaming industry veteran and former CEO of Daybreak Game Company (formerly Sony Online Entertainment), is making his first foray into Web3 gaming with a new AAA shooter featuring Tezos layer-2 (L2) blockchain Etherlink. The Smedley-led Distinct Possibility Studios (DPS) has raised $30.5 million in a funding round led by the gaming-focused venture capital firm Bitkraft and the European hedge fund management company Brevan Howard, according to a statement shared with Cointelegraph on Thursday. The funds will be used to develop its new open-world massively multiplayer online first-person shooter (MMOFPS), Reaper Actual, which it says will integrate Etherlink to enable tradeable Web3 components like characters, bases, skins and more. Read more
  • ChatGPT vs X: Which is better at first spotting the next big crypto narrative?
    Cointelegraph.com - 11:49 Jul 03, 2025
    Crypto traders use ChatGPT and X to catch early signals, combining AI-driven analysis with real-time sentiment. But each comes with its risks. ChatGPT is ideal for comparing protocols, understanding trends and filtering out noise for research-based decisions. X provides real-time sentiment and early signals, making it useful for catching trending narratives before they hit mainstream news. Each tool has risks: ChatGPT can be outdated without live data, while X carries high noise and misinformation risk. Read more
    Tags: ChatGPT
  • Bitcoin Suisse legal chief flags gaps in EU, Swiss stablecoin rules
    Cointelegraph.com - 11:00 Jul 03, 2025
    Peter Märkl, general counsel at Bitcoin Suisse, suggested that EU and Swiss stablecoin regulations could benefit from greater flexibility. Peter Märkl, general counsel at Swiss crypto financial services firm Bitcoin Suisse, said the European Union and Switzerland lack clarity in their respective stablecoin regulatory frameworks. Märkl told Cointelegraph on the sidelines of the German Blockchain Week that “there’s a lot to be done” when it comes to the classification and the rules applying to stablecoins under the EU’s Markets in Crypto-Assets Regulation (MiCA) framework. He said MiCA provides “a comprehensive, harmonized regulatory framework” for stablecoin issuance, offering and custody. However, “due to the rapidly evolving nature of crypto-assets and their use cases, classification remains dynamic and can, in certain cases, shift over time,” Märkl added. Read more
  • Crypto theft campaign hits Firefox users with wallet clones
    Cointelegraph.com - 10:40 Jul 03, 2025
    Over 40 fake Firefox extensions impersonating popular crypto wallets have been used in an ongoing campaign to steal users’ wallet credentials. More than 40 fake extensions for the popular web browser Mozilla Firefox have been linked to an ongoing malware campaign to steal cryptocurrencies, according to a report published Wednesday by cybersecurity firm Koi Security. The large-scale phishing operation reportedly deploys extensions impersonating wallet tools such as Coinbase, MetaMask, Trust Wallet, Phantom, Exodus, OKX, MyMonero, Bitget and others. Once installed, the malicious extensions are designed to steal users’ wallet credentials. “So far, we were able to link over 40 different extensions to this campaign, which is still ongoing and very much alive,” the company said. Read more
    Tags: Firefox

5789 items