Cointelegraph.com
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Cointelegraph.com - 11:21 Jul 31, 2025
Coinbase’s satirical video takes aim at Britain’s struggling economy as data shows almost half of UK adults are financially vulnerable. Coinbase has taken aim at the United Kingdom’s financial system in a darkly satirical video, which comes as data reveals an increase in financial hardship across the country. Titled “Everything is fine,” the video uses a musical tone and lyrics to brag about the UK's strong finances while showing grim scenes of inflation, poverty, debt and financial struggle, a hint at the gap between what people are told and what they actually face. “We ain’t got no troubles. No reason to complain,” the video starts, as damaged homes and cash-strapped individuals fill the screen. “The streets can’t get no cleaner. Nor the rat meat any leaner. No. Life is just as great,” it claims, as dirty streets flash across the screen. Read more -
Cointelegraph.com - 10:45 Jul 31, 2025
The Philippine government launched a blockchain-based document validation system on Polygon, despite the network suffering a partial outage on the same day. The government of the Philippines announced that it will notarize its documents on the Polygon blockchain — on the same day that the network’s Heimdall v2 mainnet suffered a temporary outage. Maria Francesca Montes Del Rosario, undersecretary at the Philippine Department of Budget and Management, announced in a Wednesday Facebook post that the government’s blockchain transparency was live. According to a Thursday report by local crypto news outlet BitPinas, Del Rosario said at the launch event that blockchain addresses the issue presented by artificial intelligence-generated deepfakes and prevents bad actors from falsifying government documents. Read more -
Cointelegraph.com - 10:22 Jul 31, 2025
XRP price needs to beat its January record monthly close above $3.03 for a renewed push toward new all-time highs. Key takeaways: July’s monthly candle close can become XRP’s highest ever. A close above $3.03 could stage a rally to $7-$11, according to analysts. Read more -
Cointelegraph.com - 10:04 Jul 31, 2025
CoinDCX operator Neblio reportedly filed a complaint against software engineer Rahul Agarwal after discovering that his credentials had been compromised through his work laptop. An employee of CoinDCX, a cryptocurrency exchange that was hacked for $44 million in mid-July, was arrested in India in connection with a security breach, according to multiple local reports. Bengaluru City police detained CoinDCX software engineer Rahul Agarwal after hackers allegedly managed to compromise his login credentials to siphon the exchange’s assets, The Times of India reported on Thursday. The arrest followed a complaint and internal investigation by CoinDCX operator Neblio Technologies, which determined that Agarwal’s credentials had been compromised via his work laptop, allowing unauthorized access to the company’s servers. Read more -
Cointelegraph.com - 09:51 Jul 31, 2025
Phoenix Group launched a $150 million crypto treasury with Bitcoin and Solana, becoming the first Abu Dhabi Securities Exchange-listed company to hold digital assets on its balance sheet. Abu Dhabi-based Bitcoin miner Phoenix Group has launched a $150 million strategic cryptocurrency reserve, becoming the first publicly listed company on the Abu Dhabi Securities Exchange (ADX) to establish a digital asset treasury. The company said Thursday the reserve includes 514 Bitcoin (BTC) and 630,000 Solana (SOL), describing it as a long-term holding strategy. This makes Phoenix Group the first company listed on the ADX to establish a strategic cryptocurrency treasury, the company said in an announcement shared with Cointelegraph. Read more -
Cointelegraph.com - 01:25 Jul 31, 2025
Robinhood saw its crypto revenue almost double to $160 million as CEO Vladimir Tenev confirmed plans to keep pushing its tokenization strategy in the US and abroad. Trading platform Robinhood’s crypto revenue increased 98% year-on-year to $160 million in the second quarter as CEO Vlad Tenev doubled down on plans to lead the real-world asset tokenization market in the US and abroad. Total net revenue climbed 45% year-on-year to $989 million, while net income increased by 105% to $386 million, Robinhood said in its earnings statement on Wednesday. Despite beating Wall Street expectations, company shares slightly retraced in after-hours trading. Read more -
Cointelegraph.com - 23:25 Jul 30, 2025
As Kraken eyes a $15 billion valuation and potential IPO, its Q2 report reveals growth and a shift toward TradFi products. Kraken reported $411.6 million in revenue for the second quarter of 2025, an 18% increase compared to the same period last year, according to its earnings release. However, the exchange’s adjusted earnings declined 7% year-over-year to $79.7 million, down from $85.5 million in Q2 2024. According to figures released on Wednesday, trading volume on the crypto exchange jumped by 19% over the past year, to $186.8 billion during Q2 2025. In other areas, Kraken also posted positive results, with assets jumping 47% to $43.2 billion, while funded accounts rose 37% to $4.4 million. The exchange’s stablecoin-to-fiat market share also grew, up from 43% to 68%. Read more -
Cointelegraph.com - 22:37 Jul 30, 2025
If convicted of the three charges, the Tornado Cash developer could face more than 40 years in prison. Jurors will now decide the fate of Roman Storm, co-founder of cryptocurrency mixing service Tornado Cash, after prosecutors and the defense delivered closing arguments on Wednesday. The closing arguments phase of a trial is when both sides summarize a case before a judge or jury, making their cases and trying one last time to persuade before the fact-finder goes off to deliberate. Storm is standing trial in the Southern District of New York in a case that could set a precedent for how much responsibility developers have for decentralized software that is used illegally. Read more -
Cointelegraph.com - 22:13 Jul 30, 2025
The report rehashed many of the policy objectives touted by the Trump administration for regulating crypto in the United States. The US President Donald Trump’s Working Group on Digital Assets released its long-promised crypto report outlining policy recommendations for regulating crypto in the United States, including crypto market structure, jurisdictional oversight, banking regulations, promoting US dollar hegemony through stablecoins and taxation of cryptocurrencies. Establishing a “taxonomy” of digital assets by clearly defining which cryptocurrencies are securities and which are commodities was the first issue outlined in the report, released on Wednesday. According to recommendations in the document, jurisdictional oversight over digital assets should be shared between the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC), with the CFTC having oversight over spot crypto markets. Read more -
Cointelegraph.com - 21:44 Jul 30, 2025
Markets responded with a 13% drop in share price after the company unveiled its $200 million Ether treasury plan. Shares of Fundamental Global plunged today on the Nasdaq after the company announced a major strategic shift toward Ether (ETH) as its primary treasury asset. The firm revealed plans to allocate $200 million to ETH, funded through a private placement of 40 million common stock warrants priced at $5 each. The move aligns Fundamental Global with other corporates building ETH treasuries. According to an announcement, the company aims to offer “multiple value drivers beyond ETH price appreciation,” including staking rewards and exposure to tokenized real-world assets. Strategic investors backing the pivot include Galaxy Digital, which will manage the company's ETH treasury; Kraken, which will assist with staking and treasury operations; and Hivemind Capital. As part of the pivot, Fundamental Global is changing its name to “FG Nexus.” Read more -
Cointelegraph.com - 21:19 Jul 30, 2025
ETH onchain data predicts a rally to $4,500, but a bearish RSI divergence warns of a correction in the short term. Key takeaways: Ether perpetual futures volume has surpassed Bitcoin, signaling a major shift in market interest. A bearish RSI divergence points to short-term exhaustion. Read more -
Cointelegraph.com - 21:15 Jul 30, 2025
Equity investment vehicles present ETH in a way that is palatable to investors in the legacy financial system, Bitwise Chief Investment Officer Matt Hougan says. Ether treasury and holding companies have solved Ethereum’s narrative problem by packaging the digital asset in a way that traditional investors understand, drawing in more capital and accelerating adoption, according to Matt Hougan, chief investment officer at Bitwise. Hougan told Cointelegraph that Ethereum had struggled to define income-producing features for traditional financial investors until its native token, Ether (ETH), was packaged in an “equity-wrapper.” Hougan said: “But if you take $1 billion of ETH and you put it into a company and you stake it, all of a sudden, you're generating earnings. And investors are really used to companies that generate earnings,” he said. Read more -
Cointelegraph.com - 20:52 Jul 30, 2025
Proposed filings aim to eliminate the need for individual ETF approvals and come a day after the SEC greenlit in-kind transactions for crypto funds. The Chicago Board Options Exchange (CBOE) has filed a rule change request with the US Securities and Exchange Commission (SEC) to allow crypto fund issuers to list products under a unified framework, potentially removing the need for individual approvals for each new fund. The filing was highlighted by ETF analyst Nate Geraci, who noted that the proposed rule change could streamline the approval process for crypto exchange-traded funds (ETFs). If the rule change passes, “issuers wouldn’t have to request specific approval for each crypto ETF as long as it meets certain criteria,” Geraci said. Read more -
Cointelegraph.com - 19:39 Jul 30, 2025
A negative Coinbase Premium Index and the markets’ reaction to a disappointing Federal Reserve presser catalyzed a “big move” in Bitcoin price. Key takeaways: Bitcoin’s Coinbase Premium turned negative after a 62-day buying streak. BTC continues to hold above $115,000 despite rising sell pressure and a negative futures CVD. Read more -
Cointelegraph.com - 18:41 Jul 30, 2025
As Ethereum turns 10, leaders from Consensys, Coinbase, RedStone, Optimism and GameSquare share what the next decade could look like for the evolving network. To understand Ethereum’s future, it helps to start with its creator, Vitalik Buterin. Before launching Ethereum in 2015, he saw blockchains not just as the foundation for digital money, but as tools for identity, coordination, public trust and more. In a 2021 interview on The Tim Ferriss Show, Buterin described Ethereum as “dynamic and growing… an evolving creature.” That adaptive nature still defines the network today. On its 10-year anniversary, we asked voices from across the community: What might the next decade look like? Read more -
Cointelegraph.com - 17:50 Jul 30, 2025
Bitcoin’s tight consolidation just below $120,000 suggests the bulls are holding on to their positions as they anticipate an uptick in volatility. Key points: Bitcoin remains stuck in a narrow range, suggesting a breakout could be around the corner. The FOMC minutes and Federal Reserve interest rate decision could set the tone for crypto’s next steps. Read more -
Cointelegraph.com - 17:36 Jul 30, 2025
The White House’s digital asset task force calls on regulators to clarify crypto trading rules and accelerate innovation, as a major crypto bill becomes law and two more head to the Senate. US President Donald Trump’s crypto working group has reportedly urged federal regulators to clarify trading rules for digital assets as part of a broader effort to ease the adoption of new financial products, highlighting the White House’s increasing focus on the blockchain economy following the passage of three separate crypto bills earlier this month. The policy proposals were introduced by the White House’s Working Group on Digital Asset Markets, which was established by executive order in January and is led by David Sacks. Among the recommendations were calls for the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) to “immediately enable the trading of digital assets at the federal level” by clarifying rules around custody, trading, registration and record keeping. Read more -
Cointelegraph.com - 17:24 Jul 30, 2025
Traders anxiously await today’s FOMC results to see if a surprise Fed rate cut could ignite a Bitcoin rally toward $140,000. Key takeaways: A surprise Federal Reserve interest rate cut could reduce the appeal of fixed income, pushing some capital toward assets like Bitcoin. Bitcoin benefits from loose monetary policy as excess liquidity and strong macro conditions boost risk appetite. Read more -
Cointelegraph.com - 17:21 Jul 30, 2025
Planck relies on a network of global processing units worth $40 million, the protocol said. The Planck Network, an infrastructure protocol targeting the artificial intelligence boom, has launched a layer-0 blockchain aimed at supporting decentralized AI networks, the company said Tuesday. The blockchain is designed to serve as foundational infrastructure for AI applications, particularly those built for decentralized physical infrastructure networks (DePINs). These networks combine hardware, token incentives and distributed processing to create alternatives to centralized resources, such as cloud services. The move aligns with a growing push within the crypto industry to bring Web3 principles of decentralization to AI development, a sector still dominated by centralized players such as OpenAI and Google. Read more -
Cointelegraph.com - 16:38 Jul 30, 2025
The Bor layer, which handles transaction execution, did not experience any downtime and continued producing blocks, the Polygon team said. The Polygon Heimdall V2 mainnet, the consensus client for the Polygon proof-of-stake chain, went down on Wednesday due to a suspected “consensus bug,” the Polygon team said. The service has been since restored. Heimdall V2, which handles communication between nodes validators on Polygon, went down about 9:30 UTC and did not impact the Bor layer, used for block production and transaction processing, according to an update from Polygon. The disruption lasted one hour and was caused by an unidentified validator's exit from the network, Polygon spokespersons told Cointelegraph. Read more
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