Cointelegraph.com
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Cointelegraph.com - 10:09 Jul 25, 2025
An Arizona woman was sentenced to 8.5 years for aiding DPRK hackers in infiltrating over 300 US crypto and tech firms, generating $17 million of illicit gains. An Arizona woman was sentenced to more than eight years in federal prison for helping North Korean operatives infiltrate US cryptocurrency and tech firms using stolen identities and fraudulent documents. According to a Thursday announcement by the US Attorney’s Office for the District of Columbia, Christina Marie Chapman was convicted of wire fraud conspiracy, aggravated identity theft and money laundering conspiracy. She was sentenced to 102 months, or about 8.5 years in prison. Prosecutors said Chapman worked with operatives tied to the Democratic People’s Republic of Korea (DPRK) to obtain remote IT positions at more than 300 US-based companies. The North Korean workers posed as US citizens and residents, and the scheme generated over $17 million in illicit revenue. Read more -
Cointelegraph.com - 09:50 Jul 25, 2025
Bitcoin’s drop below $115,000 saw significant liquidations of late longs, but BTC’s bullish scenario remained intact, according to analysts and onchain metrics. Key takeaways: A whale bet $23.7 million targeting Bitcoin at $200,000 by year-end, signaling strong bullish conviction. Analysts say Bitcoin remains bullish, but $115,000 will be key for uptrend continuation. Read more -
Cointelegraph.com - 01:30 Jul 25, 2025
The surging borrowing rates in the Ethereum network may send “ripple effects across the Ethereum ecosystem,” says a crypto researcher. Ether may be heading for an unstable period in the near term, as the cost of borrowing wrapped Ether has spiked and technical indicators point to overvaluation, according to a crypto analyst. “We believe Ethereum is looking vulnerable in the near term,” 10x Research head of research Markus Thielen told Cointelegraph on Wednesday. “The market is entering a quieter summer stretch — particularly in the US during August — while technical indicators remain deeply overbought.” Read more -
Cointelegraph.com - 23:58 Jul 24, 2025
Regulatory clarity is opening the door for banks, asset managers, and crypto firms to roll out new stablecoin products. The ink on the GENIUS Act is barely dry, but its ripple effects are already visible across the crypto industry. In just seven days, the sector added nearly $4 billion, pushing the stablecoin market cap above $264 billion and fueling corporate interest in related ventures. The surge is no surprise. The landmark legislation provides banks, asset managers, and other institutional investors with a federal framework for fiat-backed stablecoins without the looming threat of enforcement actions by the Securities and Exchange Commission (SEC). With regulatory clarity comes new capital, new players, and intensified competition. Signs of this shift had already emerged even before the GENIUS Act was enacted. Read more -
Cointelegraph.com - 22:43 Jul 24, 2025
Forget OpenAI stock — Solana apps are tokenizing Pokemon cards. Hong Kong warns stablecoin hopefuls to prep for disappointment. Asia Express The tokenization of physical collectibles is quietly gaining momentum, with Pokmon cards based on the globally popular Japanese gaming and anime franchise emerging as a standout use case. On Solana, a new wave of platforms is turning real-world assets (RWAs) like Pokmon cards into non-fungible tokens (NFTs). One of the leading platforms in this niche is Collector Crypt, which has processed nearly $95 million in total volume in under a year, according to a Dune Analytics dashboard by X user zKayAPE. The platform specializes in tokenizing Pokmon cards into NFTs, each of which is claimed to be redeemable for its physical counterpart. Much of the activity is driven by its digital gacha feature, inspired by Japans capsule-toy vending machines, where users test their luck by trading a fixed amount of money for randomized items. These platforms function like onchain versions of... -
Cointelegraph.com - 21:54 Jul 24, 2025
Ji Hun Kim became acting CEO of the Crypto Council for Innovation in December 2024 after the departure of Sheila Warren. Ji Hun Kim, a lawyer who previously worked at cryptocurrency exchanges Gemini and Kraken, has been appointed permanent CEO of the Crypto Council for Innovation (CCI), after serving in the role in an interim capacity. In a Thursday notice, the CCI said its board of directors had appointed Kim as CEO after serving as president and acting CEO since January. He previously worked as the organization’s chief legal and policy officer after three years at Gemini and less than a year at Kraken. “This is a pivotal moment of evolution for our industry, one that requires serious, informed engagement,” said Kim. “I look forward to continuing to build an institution that serves as a bridge between technology and public policy, grounded in facts, trust, and respect around the world.” Read more -
Cointelegraph.com - 21:42 Jul 24, 2025
Arbitrageurs who exploit price discrepancies between centralized and decentralized crypto exchanges are harming network decentralization, new research finds. Maximal-extractable value (MEV) on the Ethereum network is becoming increasingly centralized, with arbitrageurs tightening their grip on transaction ordering. According to a recent research paper, these arbitrageurs, called “searchers” in the paper, are increasingly in-house or have exclusive contracts with maximal extractable value builders, who are responsible for block construction on the Ethereum network. MEV refers to the profit that blockchain validators or other participants can earn by reordering transactions within a block before it’s finalized. On Ethereum, MEV often involves strategies like arbitrage, front-running, or sandwich attacks, where traders exploit price differences to maximize gains. Read more -
Cointelegraph.com - 21:15 Jul 24, 2025
Bitcoin may face a short-term dip as a bearish divergence, CME gap, and a high IBCI reading point to downside below $115,000. Key takeaways: A hidden bearish divergence on the RSI hints at weakening bullish momentum for Bitcoin. A CME gap between $114,000–$115,000 could act as a magnet. Read more -
Cointelegraph.com - 20:15 Jul 24, 2025
XRP vastly outperformed ETH over the past year, but institutional investor demand for Ether could change the trend. Key takeaways: XRP leads in yearly gains, surging 552% since July 2024 and 49% year-to-date. ETH sees major institutional adoption, with over $4.4 billion in holdings from firms like Bit Digital and BlackRock. Read more -
Cointelegraph.com - 20:14 Jul 24, 2025
After about two weeks of hearing from US government witnesses, Roman Storm’s legal team called Preston Van Loon to the stand to kick off its defense case. Prosecutors in the criminal trial of Tornado Cash co-founder and developer Roman Storm rested their case on Thursday, opening the door for defense counsel to call an Ethereum core developer as its first witness. According to reporting by Inner City Press on Thursday from the US District Court for the Southern District of New York, Ethereum core developer Preston Van Loon testified in Storm’s defense case, which is expected to last about a week. The developer reportedly described Tornado Cash as a “privacy tool for Ethereum” and said he had used the mixing service four times to send a combined 43 Ether (ETH) in 2019 or 2020, citing safety concerns. “If [hackers] know the scope of my assets I can become a target,” said Van Loon, according to reporting from the courtroom. Read more -
Cointelegraph.com - 19:50 Jul 24, 2025
A new More Perfect Union video sheds light on what life is like for Granbury, Texas, residents living with the near-constant noise of a Bitcoin mining operation. Many residents of a Texas town southwest of Dallas, facing health problems allegedly associated with constant noise, don’t seem to have anything good to say about a crypto mining facility run by MARA Holdings. In a video released Thursday by the nonprofit advocacy organization More Perfect Union, reporter Dan Lieberman spoke to residents of Granbury, Texas, some of whom lived less than a mile from MARA’s 300-megawatt Bitcoin (BTC) mining facility. Many long-term residents and retirees described life as “hell” under the near-constant noise of the mining operation, which lies in an unincorporated area of Hood County. “It never goes away, headaches never go away,” said one elderly resident on camera, with the sound of the facility easily heard in the background. Read more -
Cointelegraph.com - 19:30 Jul 24, 2025
Bit Origin’s DOGE purchase for its crypto treasury could improve sentiment and boost the altcoin above the $0.29 resistance. Key point: Bit Origin’s DOGE purchases for its crypto treasury could limit the downside and open the doors for a rally above $0.29. China-based pork processing company and Bitcoin miner Bit Origin said on Monday that it had completed the acquisition of 40.5 million Dogecoin (DOGE) for its crypto treasury. Earlier, the firm said on July 17 that it aims to become the largest publicly traded DOGE holder. For that, the firm has entered into agreements with investors to raise $500 million via a combination of share sales and debt offerings. Read more -
Cointelegraph.com - 19:10 Jul 24, 2025
Crypto and fintech groups are urging Trump to defend open banking rules, warning the case could affect access to wallets, DeFi apps, and stablecoins. A coalition of trade groups representing the crypto, fintech, retail, and restaurant industries is urging President Donald Trump to defend open banking rules under a so-called legal attack by the nation’s largest banks. In a letter sent July 23, organizations including the Blockchain Association, Crypto Council for Innovation, and the Financial Technology Association claim that the US’s most powerful banks are undermining innovation by suing to block the implementation of new open banking rules and imposing “stunning” new data fees on fintech and crypto apps. On July 11, Bloomberg reported that JPMorgan plans to start charging fintech firms fees for access to their customers’ bank account data. According to pricing sheets sent to customers, the fees vary based on how the information is used, with higher charges applied to payments companies. Read more -
Cointelegraph.com - 18:49 Jul 24, 2025
ChatGPT Agents can assist with crypto trading in 2025 by automating research and analysis, while keeping users in control through built-in safety features. ChatGPT Agent can automate crypto trading tasks like research, charting and strategy execution. It integrates real-time data, onchain metrics and sentiment analysis into a single workflow. While powerful, it requires human oversight to avoid hallucinations, API errors or security risks. Read more -
Cointelegraph.com - 18:46 Jul 24, 2025
Ether versus Bitcoin in the US spot ETF world becomes a major talking point, with Swissblock research seeing ETH coming out winning in the long term. Key points: US spot ETF flows show Ether coming out on top against Bitcoin this week. Institutional capital is “rotating” into ETH, Swissblock says — a move that has implications beyond the short term. Read more -
Cointelegraph.com - 18:33 Jul 24, 2025
Bitcoin’s narrowing trading range could result in a springboard move to $135,000. Key point: BTC faces selling at $120,000, but the bulls have not ceded much ground, hinting at a breakout to new highs. Bitcoin (BTC) turned down from the $120,000 resistance on Wednesday, indicating that the bears are fiercely defending the level. The failure to break above the overhead resistance has resulted in net outflows of $285.2 million in the past three days in the US-based spot exchange-traded funds (ETFs), per Farside Investors data. That suggests the investors have turned cautious in the near term. However, a positive sign is that the bulls have not allowed the price to dip below $115,000. Read more -
Cointelegraph.com - 17:55 Jul 24, 2025
Michael Saylor’s company has accumulated 607,770 BTC since adopting its Bitcoin treasury strategy in 2020. Business intelligence firm–turned–Bitcoin treasury company Strategy has reportedly increased its preferred stock offering to $2 billion, up from the previously planned $500 million, as it continues raising capital to fund additional Bitcoin purchases. The Series A Perpetual Stretch preferred shares were priced at $90 each at noon Eastern Time on Thursday and carry an initial dividend of 9%, Bloomberg reported, citing an anonymous source. This update comes just days after Bloomberg first revealed the preferred equity sale, which at the time was expected to be marketed between $90 and $95 per share. As Cointelegraph reported, the offering includes 5 million preferred shares. Read more -
Cointelegraph.com - 17:40 Jul 24, 2025
The hack only affected a limited number of user wallets, but withdrawals have been temporarily paused for additional safety, the team said. Crypto trading platform Woo X paused withdrawal services after a cybersecurity breach affected several accounts, leading to $14 million in losses. Nine user accounts experienced “unauthorized withdrawals” on Thursday, the Woo X team said in an X post. The team added that the incident has since been contained: Cointelegraph reached out to Woo X but was unable to obtain a response from the trading platform by the time of publication. Read more -
Cointelegraph.com - 17:00 Jul 24, 2025
The digital asset service company joins a growing list of firms making stablecoin moves following the GENIUS bill's passage into law. Anchorage Digital, an institutionally-focused digital asset service provider, announced the launch of a stablecoin issuance platform on Thursday, tapping synthetic dollar and stablecoin issuer Ethena as its first partner client. The company will launch Ethena’s USDtb stablecoin in the United States, according to an announcement made on Thursday. Currently, USDtb is issued offshore. Issuing USDtb in the US will make the stablecoin fully compliant under the GENIUS stablecoin regulation, signed into law by US President Donald Trump in July. Read more -
Cointelegraph.com - 16:01 Jul 24, 2025
Buyers aggressively defended ADA’s $0.75 support level, possibly kickstarting a rally back to $1. Key point: ADA rebounded off a strong support, increasing the likelihood of a break above the $0.94 resistance. Strong rallies are generally followed by equally sharp declines. That is what happened with several altcoins, and Cardano (ADA) is no exception. Usually, the pullback shakes out the weak hands before resuming the uptrend. Read more
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