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Cointelegraph.com - 22:15 Jul 10, 2025
Nicholas Truglia was initially sentenced to 18 months behind bars for carrying out SIM-swapping attacks against crypto investors. Nicholas Truglia, a crypto scammer convicted in 2022 and initially sentenced to 18 months in prison, had his sentence extended to 12 years on Thursday for failure to pay back a victim he targeted in 2018. Truglia failed to pay over $20 million in restitution to crypto investor and CEO of the public relations company Transform Group, Michael Terpin, according to Bloomberg. “At sentencing, Mr. Truglia demonstrated a willingness to repay his victim the entire amount stolen,” Judge Alvin Hellerstein wrote in a July 2 order. The order also read: Read more -
Cointelegraph.com - 21:37 Jul 10, 2025
Ether price rallied to $3,000, but the key components needed to hold the level are still missing. Key takeaways: ETH futures and options markets show hesitation despite spot ETF inflows and rising TVL figures. Layer-2 growth and lower fees haven’t translated to increased demand for ETH or sustained price momentum. Read more -
Cointelegraph.com - 21:01 Jul 10, 2025
Ignoring the reduced customer acquisition costs made possible by AI places businesses at a significant disadvantage, O'Leary said. Artificial intelligence significantly reduces the cost of new customer acquisition, and any company neglecting AI is not a worthwhile investment, according to investor and television personality Kevin O’Leary. In an interview with Cointelegraph, O’Leary said that new-customer acquisition, which is primarily done through content creation and multimedia marketing, has been “the highest cost increase in the last 36 months.” “When you look at the cost of creation of that content, it has more than quadrupled. In some cases, it’s 10x,” he said before adding that AI has reduced content production costs by 60%. Read more -
Cointelegraph.com - 20:58 Jul 10, 2025
Bitcoin's market structure and the recent rally to new highs suggest an accelerated phase of price discovery has just begun. Key point: Bitcoin’s momentum continues to accelerate above $113,000, leading traders to predict a rally to $150,000. Bitcoin (BTC) made a new all-time high above $113,788 on Thursday, and several analysts expect the uptrend to continue. 10x Research head Markus Thielen told Cointelegraph that BTC has a 60% probability of rising more than 20% in the next two months. Read more -
Cointelegraph.com - 20:24 Jul 10, 2025
The Tornado Cash co-founder is scheduled to go to trial on Monday, but his defense attorneys are still waiting on rulings for motions over witnesses in the case. Attorneys representing Tornado Cash co-founder and developer Roman Storm have suggested they may request a brief continuance for his criminal trial if a judge denies a motion to exclude a particular witness. In a Thursday filing in the US District Court for the Southern District of New York (SDNY), Storm’s legal team moved to exclude testimony from an unnamed witness who is the “claimed perpetrator of an alleged hack who allegedly used Tornado Cash.” His attorneys argued that prosecutors disclosed the witness after a scheduled deadline, also claiming their testimony could be “highly prejudicial” to Storm. “[The testimony] would be unfairly prejudicial as it would likely confuse and mislead the jurors into believing that Mr. Storm was involved in the underlying purported hack or intended to facilitate it, which is not true,” said the Thursday filing. ... -
Cointelegraph.com - 20:10 Jul 10, 2025
Social engineering scams, from the Meeten campaign to fake crypto support scams, have become a troubling occurrence in crypto. Threat actors are using an elaborate social engineering scheme to target crypto users and drain their wallets, according to a Thursday report from cybersecurity company Darktrace. The company wrote that the techniques are similar to those used by “Traffer Groups,” which use malware to steal credentials and data. The social engineering scheme involves gaining the trust of users by posing as representatives from fake startup companies in the industries of AI, gaming, Web3 and social media. Compromised X accounts are often involved, and the threat actors supplement the fraud with Medium articles and GitHub entries. “Each campaign typically starts with a victim being contacted through X messages, Telegram or Discord,” the report reads. “A fake employee of the company will contact a victim asking to test out their software in exchange for a cryptocurrency payment.” Read more -
Cointelegraph.com - 20:02 Jul 10, 2025
Coinbase market data will power the AI “answer engine” in a two-phase rollout, starting with COIN50 index prices. On Thursday, the CEO of Coinbase Global (Nasdaq: COIN), Brian Armstrong, announced a partnership with Perplexity, an AI-powered search engine that answers users’ questions with cited, real-time data pulled from the web. According to Armstrong, the move will integrate the crypto exchange’s market data into Perplexity’s large language model (LLM), further connecting AI and crypto and helping users make more informed decisions about digital assets. The partnership is being rolled out in two stages. Starting Thursday, Perplexity will pull market data from Coinbase, including from its COIN50 index, to power “market analysis” in Perplexity’s new Comet browser. Read more -
Cointelegraph.com - 19:43 Jul 10, 2025
Soaring capital inflows and an uptick in Bitcoin wallets identified as “accumulators” suggest BTC price is on a path to $130,900. Key takeaways: Bitcoin rallied to $113,800 as onchain data shows a 71% surge in the BTC holdings of accumulator addresses. Bitcoin’s MVRV metric suggests that meaningful profit-taking may not begin until BTC hits $130,900. Read more -
Cointelegraph.com - 19:09 Jul 10, 2025
Ether price chases $3,000 as trading sentiment turns bullish amid multiple corporate ETH treasury announcements. Key point: An ETH treasury purchase by SharpLink Gaming boosted investor sentiment, clearing the path for a potential rally to $3,153. Ether (ETH) price entered a strong uptrend this week, leading many analysts to predict a rally to $3,000 before the end of July. These traders cite an uptick in spot ETH ETF inflows and multiple corporate Ether treasury announcements as a primary factor in the recent bullish momentum. Read more -
Cointelegraph.com - 18:55 Jul 10, 2025
While headlines focus on giants like Strategy and Tesla, companies like Aker ASA, Méliuz and Rumble have quietly added BTC to their balance sheets. While companies like Strategy and Tesla made headlines, many others have discreetly added Bitcoin to their treasuries. Firms use Bitcoin to hedge against inflation, fiat devaluation and macroeconomic shocks. Its fixed supply, digital scarcity and 24/7 liquidity make it appealing. Firms like Arkham and Glassnode trace Bitcoin ownership through address clustering and timing correlation. Read more -
Cointelegraph.com - 18:28 Jul 10, 2025
Bitcoin price set new highs above $113,800 as stablecoin reserves surged and retail investor-driven selling subsided. Key takeaways: Bitcoin price hit new highs as a stablecoin liquidity metric pointed to fresh capital flowing into BTC. Retail investor inflows dropped while Binance’s market share surged past 49%, highlighting institutional investors’ role in driving the rally. Read more -
Cointelegraph.com - 16:30 Jul 10, 2025
The hearing notice suggested a focus on a tax framework for digital assets, but did not mention specific witnesses or policies previously proposed. Lawmakers in the US House of Representatives are scheduled to hold a hearing on a crypto tax policy framework as part of Republicans’ push to consider bills on central bank digital currencies (CBDCs), stablecoins and market structure. In a Wednesday notice, leadership on the House Committee on Ways and Means and Oversight Subcommittee said they had scheduled a July 16 hearing to focus on “affirmative steps needed to place a tax policy framework on digital assets.” The event, “ensuring digital asset policy built for the 21st century,” will come as House representatives are expected to vote on three crypto-related bills. It was unclear at the time of publication what witnesses would be invited to testify at the hearing. The US Senate Banking Committee discussed market structure legislation on Wednesday, hearing from Ripple CEO Brad Garlinghouse, Blockchain Associati... -
Cointelegraph.com - 16:25 Jul 10, 2025
Gates Inc. and Oasys’s partnership is one of Japan’s largest real estate tokenization projects, with phase 1 aiming to expand liquidity to $34 billion. Japanese real estate investment firm Gates Inc. will tokenize $75 million worth of central Tokyo properties on the Oasys blockchain, marking one of the country’s largest real estate tokenization initiatives to date. The partnership, announced Wednesday, represents a major step for both companies. Gates plans to eventually tokenize over $200 billion in assets — about 1% of Japan’s real estate market — while Oasys continues expanding beyond its gaming roots into real-world asset (RWA) tokenization. Gates, which generated $145 million in 2024 revenue and was listed on the Financial Times’ “High-Growth Companies Asia-Pacific 2023” list, is currently conducting a Nasdaq roadshow after filing its F-1 prospectus. Read more -
Cointelegraph.com - 15:38 Jul 10, 2025
US President Donald Trump and members of his administration have pushed for the passing of the GENIUS Act, which would regulate stablecoins in the US. The United States views dollar-pegged stablecoins as a tool to help reverse the decline of the dollar’s status as a global reserve currency, according to a new report from digital asset banking group Sygnum. To accelerate that goal, the current administration is encouraging the growth of the stablecoin market and urging Congress to pass related legislation. The insights come from Sygnum’s latest report examining the dollar’s standing as a reserve currency and the US government’s efforts to preserve that. US President Donald Trump and key members of his administration, including Treasury Secretary Scott Bessent and AI and David Sacks, Trump’s “Crypto and AI Czar,” who leads the President’s Council of Advisors on Science and Technology, are pushing for the swift passing of the GENIUS Act, which regulates stablecoins and their issuers in the United States. The Act... -
Cointelegraph.com - 15:05 Jul 10, 2025
As the US and others explore Bitcoin reserves, India faces a pivotal choice: Can BTC boost macro resilience and digital leadership? The global push for Bitcoin as a reserve asset is gaining speed, with the US leading the way by establishing a Strategic Bitcoin Reserve in January 2025. By March, an executive order was signed to begin structuring the reserve, signaling a shift in policy direction. The Strategic Bitcoin Reserve in the US will be funded by Bitcoin (BTC) confiscated from criminal activities and company bankruptcies. The Department of Justice (DOJ) and the US Marshals Service will manage these assets. This action demonstrates a strategic decision to treat Bitcoin as a long-term store of value, similar to digital gold, rather than a short-term asset. Read more -
Cointelegraph.com - 15:00 Jul 10, 2025
Donald Trump’s crypto agenda claims to champion financial freedom, but the real beneficiaries are political insiders and wealthy elites. Opinion by: Pauline Shangett, chief strategy officer at ChangeNOW Bitcoin optimism is naturally running high. US President Donald Trump’s trade agreement with the UK has provided a jolt of confidence in global markets, and Bitcoin (BTC), as the ultimate borderless asset, is reaping the benefits. Unfolding behind the Trump administration’s aggressive push to deregulate the crypto industry, however, is a consolidation of power that favors the few while ignoring the many. Read more -
Cointelegraph.com - 14:30 Jul 10, 2025
NFTs are heating up again as Snoop Dogg’s latest drop showed. Learn from the masters at Flamingo DAO how to invest in NFTs for the long term. Its been called the most powerful collector DAO in NFTs and the numbers back it up. Flamingo DAO, a collective of crypto-native art lovers, investors, technologists and founders, has quietly amassed one of the most formidable NFT portfolios on the planet, which even today is worth well above nine figures. Despite its relatively low public profile, Flamingos has been highly influential since launching in 2020. We launched with support from Tribute Labs (formerly called OpenLaw) at a time when ETH traded near $350, ‘DeFi Summer’ dominated the headlines, and NFTs remained a fringe pursuit, says Flamingo spokesperson and member Chris Cable. That underserved corner of the market felt like the right place for a new experiment in collaborative capital deployment. Read more -
Cointelegraph.com - 13:58 Jul 10, 2025
Bit Mining’s stock price surged 350% in pre-market trading after announcing a strategic pivot into the Solana ecosystem. Bitcoin mining firm Bit Mining is making a strategic shift into the Solana ecosystem, with plans to raise up to $300 million to support the move. The company said on Thursday it plans to raise between $200 million and $300 million in different phases to build a sizable Solana (SOL) token treasury. The capital will also be used to expand its capabilities within the network and acquire more tokens. As part of the plan, Bit Mining said it will convert some of its existing crypto holdings into SOL and adopt a long-term holding strategy. It did not specify how much of its reserves would be converted initially. Read more -
Cointelegraph.com - 13:47 Jul 10, 2025
Ant Group is reportedly working with Circle to integrate USDC into its blockchain platform once the stablecoin achieves regulatory compliance. Jack Ma-backed Ant Group is reportedly working with USDC issuer Circle to bring the stablecoin to its blockchain, according to a Bloomberg report published Thursday, citing anonymous sources. The report said Ant Group plans to incorporate USDC (USDC) into its blockchain after the stablecoin becomes compliant in the US. The timeline for the integration is unknown. The news follows recent reports that Circle has applied to establish a national trust bank in the US that, among other responsibilities, would oversee the firm’s USDC reserve on behalf of its US issuer. The US Senate also passed the stablecoin regulation bill, the GENIUS Act, in mid-June, which would provide legal clarity for stablecoin issuers. Read more -
Cointelegraph.com - 13:39 Jul 10, 2025
Agora, founded by Nick van Eck, aims to boost adoption of its white-label stablecoin platform with $50 million from Paradigm and Dragonfly. Stablecoin issuer Agora raised $50 million in a Series A funding round led by crypto venture firm Paradigm. The investment sets the stage for Agora to expand its white-label stablecoin offering, AUSD, amid growing interest in dollar-backed digital assets. Agora enables companies to launch their own branded stablecoins using AUSD’s underlying infrastructure, benefiting from shared liquidity and interoperability. The project is founded by Nick van Eck, son of VanEck CEO Jan van Eck, alongside crypto veterans Drake Evans and Joe McGrady. “What we wanted to do is really something novel, which is start by building the network,” van Eck told Fortune. “We always had the view that we were going to do white-labeled issuance in a different way to how existing peers had done it.” Read more
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