Cointelegraph.com
Source:
https://cointelegraph.com
Found 6903 news
-
Cointelegraph.com - 18:20 Aug 07, 2025
Union Jack Oil’s new Bitcoin mining plan could turn stalled gas wells into early cash flow, potentially paving the way for one of the UK’s first corporate Bitcoin treasuries. Union Jack Oil, a publicly traded UK energy company, has announced plans to convert natural gas from its West Newton site into electricity to power Bitcoin mining, marking what could become one of the country’s first “oil-to-crypto” monetization projects. The move could generate early cash flow from wells that would otherwise remain undeveloped, the company said on Thursday in an operations report. The project is being pursued in partnership with Rathlin Energy and Texas-based 360 Energy, which specializes in turning stranded or flared gas into power for on-site data centers. Read more -
Cointelegraph.com - 17:45 Aug 07, 2025
Built with Provenance Blockchain, NUVA offers institutional-grade tokenized assets like stablecoin securities and HELOCs. Web3 company Animoca Brands has launched a new marketplace for investors to access tokenized real-world assets (RWAs), fixing what its CEO calls a “fragmented” tokenization marketplace at a time of growing institutional interest in the technology. The new platform, called NUVA, was developed in partnership with ProvLabs, the organization behind the Provenance Blockchain, according to a joint announcement on Thursday. The NUVA marketplace will leverage Provenance Blockchain’s existing ecosystem of RWAs, which currently holds assets valued at approximately $15.7 billion. Read more -
Cointelegraph.com - 17:16 Aug 07, 2025
Trump’s executive order comes as a group of bank associations are trying to block bank applications from four digital asset firms. US President Donald Trump is set to sign an executive order on Thursday instructing federal bank regulators to identify and fine financial institutions that engaged in “debanking.” According to Bloomberg on Thursday, citing a senior White House official, regulators will be required to review complaint data, while financial institutions under the purview of the Small Business Administration will be asked to make efforts to reinstate clients who were unlawfully denied banking services. Debanking has been a key concern among some political groups, who argue that businesses such as gun manufacturers and fossil fuel companies have been denied banking services for idealogical reasons. Read more -
Cointelegraph.com - 15:00 Aug 07, 2025
With crypto scams hitting $9.9 billion in 2024 and 90% of UK crypto apps failing AML checks, the industry needs data sharing to combat fraud. Opinion by: Mike Haley, CEO of Cifas While the crypto industry is revolutionizing the world of finance, there’s an underlying reality bubbling beneath the surface. Hitting record levels, cryptocurrency scams reportedly accounted for $9.9 billion in 2024 — with 2025’s forecast making for even bleaker reading. Whether in the form of “old wine in new bottles” frauds — such as Ponzi and pump-and-dump schemes or new crypto-specific fraud typologies like address poisoning — the global fraud epidemic is hitting the industry hard and undermining consumer confidence. Read more -
Cointelegraph.com - 14:59 Aug 07, 2025
Bitcoin bounces back as traders highlight the next BTC price targets and resistance levels — can bulls take control? Key points: Bitcoin bulls keep momentum intact at the Wall Street open, with $117,000 and higher on the radar. Order-book liquidity shows shorts getting liquidated, with fresh liquidity being added higher. Read more -
Cointelegraph.com - 14:53 Aug 07, 2025
The New York Department of Financial Services (NYDFS) said the fine was due to a lack of anti-money laundering oversight. Update Aug. 7, 21:06 UTC: This article has been updated to add a response from Paxos. The New York Department of Financial Services (NYDFS) reached a $48.5 million settlement with crypto infrastructure company Paxos over its partnership with Binance and alleged failure to uphold sufficient anti-money laundering provisions. Paxos agreed to pay New York state a $26.5 million penalty and will spend an additional $22 million to overhaul its compliance program, according to Thursday’s announcement. Read more -
Cointelegraph.com - 14:35 Aug 07, 2025
In 2025, cloud mining and crypto staking offer distinct passive income paths. In 2025, cloud mining and crypto staking are often mentioned in the same sentence when talking about passive crypto income, yet they represent two very different paths to earning. Cloud mining involves renting remote Bitcoin mining hardware, while staking means locking tokens to validate proof‑of‑stake networks. On trusted platforms like ECOS or MiningToken, cloud mining ROI in 2025 averages 5%-10% APR, though riskier schemes (especially XRP‑linked) still dangle unrealistic promises of 100%-800% APR. Read more -
Cointelegraph.com - 14:30 Aug 07, 2025
Fifty-one days in and Spencer’s attempts to engineer a turnaround for Moonbirds has already seen the floor price quadruple to 2.36 ETH. Moonbirds are back. The once maligned project that still ranks in the top 10 for all-time trade volume at 356,000 ETH has skyrocketed back up the NFT charts to 2.36 ETH, quadrupling its floor price in the past month. But its definitely spent some time in the wilderness due to multiple ownership changes, directionless plans and waning community sentiment. The NFT project had one of the most highly anticipated mints ever in April 2022, and with prices once again soaring and momentum building, much of the renewed optimism centers around one name: Spencer. Known simply as Spencer on X, the new owner of Moonbirds is no stranger to NFTs hes a prolific collector and head of Spencer Ventures, an institutional-grade NFT fund. Read more -
Cointelegraph.com - 14:22 Aug 07, 2025
Ripple has acquired Rail to offer stablecoin payment services, with plans to integrate RLUSD, banking partners and compliance tools across global markets. Ripple announced Thursday that it will acquire stablecoin-powered payments platform Rail for $200 million, with the deal expected to close in the fourth quarter of 2025. The company said the move aims to expand its enterprise-grade digital asset infrastructure and “deliver the most comprehensive stablecoin payments solution available in the market.” Ripple expects the acquisition to enable it to offer stablecoin on- and off-ramps without requiring customers to hold cryptocurrency, and to facilitate customers in managing multiple payment types on behalf of themselves and their internal treasury flows. Read more -
Cointelegraph.com - 14:00 Aug 07, 2025
The latest “Clear Crypto Podcast” unpacks how blockchain helps solve critical challenges in agriculture, from supply chain transparency to land ownership and food waste. Blockchain and agriculture might seem like strange bedfellows, but as Yana Leonova explains on Episode 19 of “The Clear Crypto Podcast,” the pairing has the potential to address some of humanity’s most pressing challenges — from food waste to land disputes. “Agriculture can be a great example of how blockchain can benefit the planet, sustainability and each and every one of us,” Leonova said, and she’s not speaking hypothetically. Her PhD in agricultural economics and her work in Dubai’s innovation ecosystem place her at the intersection of blockchain and real-world impact. Read more -
Cointelegraph.com - 13:23 Aug 07, 2025
Ether outpaces Solana and Bitcoin in capital inflows and futures dominance, with $4,000 retest in the cards. Key takeaways: Capital rotation favors Ether as “Hot Capital Ratio” hits a yearly low for Solana. ETH futures dominance grows with open interest hitting $58 billion. Read more -
Cointelegraph.com - 13:07 Aug 07, 2025
The European Banking Authority completed draft rules requiring banks to assign a 1,250% risk weight to unbacked cryptocurrencies like Bitcoin and Ether. The European Banking Authority (EBA) has finalized draft rules requiring banks to hold significantly more capital against so-called “unbacked” cryptocurrencies like Bitcoin and Ether. In its final draft of regulatory technical standards released on Tuesday, the EBA said the rules aim to “address implementation aspects and will ensure harmonisation of the capital requirements on crypto-asset exposures by institutions across the EU.” The framework applies to European Union-based banks holding crypto assets on their balance sheets. Once the final draft goes to the European Commission, Brussels will have up to three months to decide whether to endorse it as is or with amendments, or send it back for redrafting. After endorsement, the bill would become a delegated regulation and be forwarded to the European Parliament and the Council, with a three-month objection ... -
Cointelegraph.com - 13:00 Aug 07, 2025
Bitcoin DeFi is seeing more venture capital interest as institutional investors flock to Bitcoin and its increasing yield-bearing capabilities. Bitcoin’s decentralized finance (DeFi) ecosystem is experiencing renewed venture capital (VC) interest, signaling more demand for the world’s first cryptocurrency as it gains utility as a yield-bearing asset. Bitcoin DeFi, or BTCFi, is a technological paradigm that seeks to bring decentralized finance capabilities to Bitcoin’s base layer. According to a new report from Bitcoin DeFi infrastructure provider Maestro, shared with Cointelegraph, the BTCFi ecosystem received $175 million worth of VC funding across 32 rounds in the first half of 2025, with increasingly more capital flowing into consumer apps and demand-driven products. Read more -
Cointelegraph.com - 12:56 Aug 07, 2025
A joint report due on Aug. 15 may lead to the conclusion of the nearly five-year legal dispute between the SEC and Ripple Labs. XRP, the world’s third-largest cryptocurrency by market cap, rose past $3 for the first time in over a week amid speculation that the US Securities and Exchange Commission (SEC) may drop its long-standing case against Ripple Labs. The XRP (XRP) token recovered above the $3 psychological mark on Thursday after rising more than 4.5% in 24 hours, Cointelegraph data showed. Investor confidence was buoyed by regulatory clarity and growing expectations of a dismissal of the SEC’s appeal. Read more -
Cointelegraph.com - 12:28 Aug 07, 2025
The White House Press Office confirmed to Cointelegraph that President Trump will sign an executive order allowing crypto exposure in US 401(k) retirement plans. US President Donald Trump will sign an executive order opening the door for cryptocurrencies to be included in 401(k) retirement plans, potentially reshaping how Americans invest their savings. The White House Press Office confirmed to Cointelegraph on Thursday that the order directs the US Labor Department to reevaluate restrictions around alternative assets in defined-contribution plans, including digital assets, private equity and real estate. A senior White House official said the order instructs the labor secretary to clarify the department’s stance on alternative assets and provide guidance on fiduciary processes for offering these types of investments in retirement portfolios. Read more -
Cointelegraph.com - 11:36 Aug 07, 2025
Hyperliquid processed $319B in trades last month, accounting for the majority of DeFi perpetual futures volume as decentralized exchanges gain traction. Trading volume on the decentralized exchange Hyperliquid reached a new monthly high in July, setting a record among DeFi perpetual futures platforms as user activity continued to rise. According to DefiLlama data, the platform processed $319 billion in trades during the month — the highest monthly volume ever recorded in the DeFi perpetual futures space. Hyperliquid’s record is a sign of more traders using decentralized exchanges, which are starting to cut into the market share of centralized cryptocurrency exchanges (CEXs). Read more -
Cointelegraph.com - 11:06 Aug 07, 2025
XRP may stay structurally weak unless whale wallets see daily inflows above 5 million tokens, one analyst warned. Key takeaways: In the past month, XRP whales have offloaded 640 million tokens, or $1.91 billion. Bearish divergence on the chart hints at weakening momentum. Read more -
Cointelegraph.com - 10:26 Aug 07, 2025
Build on Bitcoin raised $21 million to unlock native BTC DeFi with a new bridge, hybrid layer-2 infrastructure and institutional investor backing. Layer-2 blockchain network Build on Bitcoin (BOB) has raised $21 million in strategic funding rounds since December 2024, with $9.5 million secured in its latest round, according to a news release sent to Cointelegraph. Many existing investors have increased their financial commitments in the latest $9.5 million strategic round, including Castle Island, along with new strategic investors Anchorage, Amber Group and sats Ventures. Nic Carter, founding partner of Castle Island, told Cointelegraph why they have decided to double down on their investment: Read more -
Cointelegraph.com - 09:20 Aug 07, 2025
Scammers used Google Ads to impersonate Aave investment platforms in an attempt to trick users into linking wallets to malicious sites. Soon after decentralized liquidity protocol Aave announced it had surpassed $60 billion in net deposits, scammers launched a phishing campaign targeting its users through Google Ads, according to security researchers. On Wednesday, Aave said that it had become the first decentralized finance (DeFi) protocol to accumulate $60 billion in net deposits across 14 networks. According to Token Terminal data, Aave’s net deposits have more than tripled in the past year from about $18 billion in August 2024. A day later, on Thursday, blockchain investigation firm PeckShield alerted the crypto community to an ongoing phishing attack targeting Aave (AAVE) investors. Scammers had posted phishing links to fake Aave investment platforms via the Google Ads service. Read more -
Cointelegraph.com - 09:09 Aug 07, 2025
Bitcoin price analysis looked to last November for clues as to how high BTC might go if recent bull market history repeats. Key points: Bitcoin is attempting a support retest that looks very similar to late 2024, trader Galaxy said. Last time, BTC price action went from $70,000 to $108,000 after a successful retest. Read more
6903 items