Cointelegraph.com
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Found 8066 news
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Cointelegraph.com - 16:00 Jul 22, 2025
Poseidon secures $15 million led by a16z Crypto to build a decentralized, IP-cleared data pipeline for AI training. Poseidon has secured $15 million in seed funding led by a16z Crypto to build a decentralized data layer designed for artificial intelligence training. The San Francisco-based full-stack AI data layer said it aims to tackle the scarcity of high-quality, IP-cleared training data in AI development, according to a Tuesday announcement shared with Cointelegraph. “LLMs and compute are no longer the bottlenecks; it’s high-quality data that’s missing,” said Sandeep Chinchali, Poseidon’s chief scientist and also chief AI officer at its incubator, Story Protocol. Read more -
Cointelegraph.com - 15:45 Jul 22, 2025
The Genius Act is a US law aimed at establishing federal oversight for stablecoin issuers, setting rules for reserves, redemption rights, and licensing requirements. The GENIUS Act is a United States federal law that creates a comprehensive regulatory framework for stablecoins. The Guiding and Empowering Nation’s Innovation for US Stablecoins Act, better known as the GENIUS Act, is the United States’ first federal law focused exclusively on payment stablecoins. The White House categorically states it is a historic piece of legislation that will pave the way for the US to lead the global digital asset revolution. Read more -
Cointelegraph.com - 15:00 Jul 22, 2025
DeFi’s obsession with maximum decentralization sacrifices performance. Minimum viable decentralization offers a pragmatic path to compete with TradFi. Opinion by: Doug Colkitt, a founding contributor at Fogo To adhere to its ethos of decentralization above all else, the crypto industry often forgets its core user: the trader. What exists today is an ecosystem that has prioritized philosophical principles instead of practical use cases — something that has simultaneously barred the most serious traders from participating and driven decentralized finance (DeFi) users to more centralized offerings. If DeFi is set to scale beyond speculation alone — and offer a meaningful alternative to TradFi — then the core focus must be performance. Read more -
Cointelegraph.com - 14:30 Jul 22, 2025
Gaming tokens lag altcoins, but history hints at big surge. SaruTobi Bitcoin game returns to App Store a decade after 2015 ban. Web3 Gamer. The crypto market is printing green candles across the board, with 80% of altcoins outperforming Bitcoin this month but gaming tokens seem to have missed the memo. While the broader market is soaring alongside Bitcoin and Ethereums recent rally, gaming-related tokens are showing signs of life, but still lagging. According to MMORPG game Calamity co-founder Seva, its a credibility problem. Trust is broken. Too many raised millions, delivered zero, Seva said of blockchain games in a recent X post. Read more -
Cointelegraph.com - 14:15 Jul 22, 2025
Bitcoin price consolidation after a powerful rally to record highs is normal. Will the current bull pennant confirm and send BTC beyond $136,000? Key takeaways: A Bitcoin price pullback to $115,000 is possible before continuing the uptrend. A bull pennant suggests that the BTC price could rally by 15% to new highs above $136,000. Read more -
Cointelegraph.com - 14:10 Jul 22, 2025
Fewer than 1 million people on Earth hold a full Bitcoin. That’s less than 0.02% of the global population and even fewer in crypto. If you own at least 1 Bitcoin, get ready for your ego to be tickled. According to blockchain data, around 827,000-900,000 addresses currently hold at least 1 Bitcoin (BTC). But many of these wallets are controlled by exchanges, institutions or individuals who split holdings across multiple addresses. The real number of unique people who own 1 Bitcoin is likely closer to 800,000-850,000. Read more -
Cointelegraph.com - 14:02 Jul 22, 2025
PancakeSwap Infinity, the latest version of the DEX, has launched on Coinbase’s Base network as its TVL and DEX activity hit all-time highs. PancakeSwap Infinity, the fourth version of the PancakeSwap decentralized exchange (DEX), has made it to Coinbase’s Ethereum layer-2 network, Base. According to a Tuesday announcement shared with Cointelegraph, PancakeSwap Infinity is now live on Base. The announcement follows the launch of PancakeSwap Infinity on BNB Chain at the end of April. The announcement comes as Base’s total value locked (TVL) reached a new high of $4.295 billion, according to DefiLlama data. This represents a 33.75% increase from its TVL of $3.211 billion reported on Jan. 1. Read more -
Cointelegraph.com - 13:36 Jul 22, 2025
Telegram rolls out TON Wallet to US users, enabling self-custodial crypto transactions, DeFi access and off-ramp features within the app. Telegram began rolling out its native cryptocurrency wallet to users in the US, marking a significant expansion of its blockchain-based services. Built on The Open Network (TON) blockchain, TON Wallet is the first self-custodial crypto wallet to be integrated into a major social platform available to US users, according to a Tuesday news release shared with Cointelegraph. Supported by the TON Foundation, the wallet allows users to send, receive and store digital assets directly within the Telegram app, eliminating the need for external downloads or browser extensions, according to the announcement. Read more -
Cointelegraph.com - 13:09 Jul 22, 2025
SharpLink bought 79,949 ETH — its largest such purchase — to reclaim its status as the world’s largest public ETH holder. Sports betting platform SharpLink Gaming kept accumulating Ether (ETH) after briefly slipping to the second-largest public ETH holder behind BitMine Immersion Technologies. SharpLink acquired a record-breaking amount of Ether for the company in the past week ending Sunday, reporting a purchase of 79,949 ETH on Tuesday. The acquisition was completed at an average ETH purchase price of $3,238, totaling about $258.9 million. Read more -
Cointelegraph.com - 13:06 Jul 22, 2025
Western Union is exploring stablecoin integration for cross-border transfers, conversions and digital wallets, positioning it as an innovation opportunity. Western Union is exploring ways to integrate stablecoins into its services as the firm seeks to modernize cross-border payments. During a Monday interview with Bloomberg, Western Union CEO Devin McGranahan said that the company views stablecoins as an opportunity. He also said it is exploring partnerships with major crypto industry players to offer stablecoin on-ramp and off-ramp services, as well as a digital wallet. “We see stablecoin really as an opportunity, not as a threat. […] We’re 175 years old, and we’ve been innovative across [those] 175 years. And stablecoin is just yet one more opportunity to innovate,” McGranahan said. Read more -
Cointelegraph.com - 12:45 Jul 22, 2025
Pump.fun whales have sent over $160 million in tokens to exchanges as PUMP drops below its ICO price, triggering fears of a broader memecoin market correction. Private sale investors of the Pump.fun (PUMP) memecoin began offloading billions of tokens to exchanges, raising concerns of a sell-off as the token dropped below its initial sale value. Blockchain analytics firm Lookonchain flagged that two early backers of the memecoin token, labeled in Solscan as “PUMP Top Fund 1” and “PUMP Top Fund 2,” collectively sent over $160 million in PUMP tokens to centralized exchanges. During the private sale, the Top Fund 1 wallet acquired 25 billion tokens for $100 million in USDC (USDC). In the last week, the wallet deposited 17 billion tokens worth almost $90 million to exchanges. While the whale started offloading, it still holds tokens worth $29.5 million. Read more -
Cointelegraph.com - 12:38 Jul 22, 2025
Bitcoin can still surpass all-time highs, but doubts surface over how quickly bulls can get past the latest sub-$120,000 consolidation phase. Key points: Bitcoin market momentum slows after its all-time highs, but investors are not wasting time adjusting to rangebound conditions. Profitability has “cooled,” says Glassnode, but fresh gains are still possible. Read more -
Cointelegraph.com - 11:45 Jul 22, 2025
Ether risks a correction to $3,000 as its daily chart flashes overbought signals similar to the setup that triggered a sell-off in May. Key takeaways: An Ethereum whale secured a $9.87 million profit after just 14 days. ETH’s RSI is signaling a possible short-term correction toward $3,000. Read more -
Cointelegraph.com - 11:43 Jul 22, 2025
Bitget Wallet’s direct withdrawal launch for USDT and USDC reflects the growing demand for ways to exit crypto positions without relying on centralized exchanges. Bitget Wallet, a self-custodial wallet operated by major cryptocurrency exchange Bitget, introduced its first fiat withdrawal option with crypto payment platform MoonPay. Bitget Wallet has partnered with MoonPay to launch a crypto off-ramp allowing users to convert stablecoins directly into 25 fiat currencies, the companies announced on Tuesday. “Before the launch of this fiat withdrawal feature, Bitget Wallet users typically transferred assets to centralized exchanges such as Bitget Exchange or third-party platforms for fiat conversion,” Bitget Wallet chief market officer Jamie Elkaleh told Cointelegraph. Read more -
Cointelegraph.com - 22:34 Jul 21, 2025
Crypto ATM arrests in London come as US states like Wisconsin move to limit daily transactions and mandate fraud warnings. Seven crypto ATMs were seized and two people were arrested in southwest London on Thursday on suspicion of money laundering and operating an illegal cryptocurrency exchange. The operation was led by the UK Financial Conduct Authority (FCA) and the Metropolitan Police, according to a statement by the financial watchdog. Since January 2021, any crypto business operating in the UK must be registered with the FCA and follow anti-money laundering regulations. Currently, no legal crypto ATMs are operating in the UK, and using or running one without FCA registration is a criminal offense. Read more -
Cointelegraph.com - 22:15 Jul 21, 2025
The second week of the Roman Storm trial kicked off with Judge Katherine Failla allowing a witness to testify that Tornado Cash could have been modified to prevent criminal use. A federal judge overseeing Tornado Cash co-founder and developer Roman Storm’s criminal trial will allow jurors to hear testimony claiming he could have modified the platform “to deter criminals from using it.” In a Sunday order, Judge Katherine Failla denied a defense motion requesting to preclude testimony from a government witness over modifications Storm allegedly could have made to Tornado Cash. The witness, Philip Werlau, an investigator at the fraud investigation and Anti-Money Laundering compliance company AnChain.AI, will be allowed to offer testimony that Storm allegedly had the means to stop Tornado Cash from laundering the proceeds of crimes using smart contract features, but chose not to. Read more -
Cointelegraph.com - 21:59 Jul 21, 2025
Hive Digital’s HPC business is targeting a $100 million annual revenue run rate as it continues to diversify beyond Bitcoin mining. Hive Digital Technologies (HIVE) is continuing its transformation from a pure-play crypto miner to a high-performance computing (HPC) services provider. What began with a fleet of 400 GPUs managed by two employees is now scaling toward a $100 million annual revenue. The company is leveraging advanced AI chips, including Nvidia’s H100s and the forthcoming Blackwell GPUs, to drive this growth. Co-founder and Executive Chairman Frank Holmes and CEO Aydin Kilic elaborated on Hive’s strategy in an exclusive interview with Cointelegraph at the Nasdaq Stock Exchange headquarters in New York City, where the company rang the closing bell on Thursday. Read more -
Cointelegraph.com - 21:36 Jul 21, 2025
Polymarket comes back to the United States more than two years after US regulators dropped investigations into the predictions market platform. Online betting platform Polymarket said it acquired QCEX, US-licensed derivatives exchange and clearinghouse for $112 million, paving the way for the company’s return to the United States after a hiatus of more than two years. According to its website, QCEX is based in Boca Raton, Florida, with both entities, the derivatives exchange and the clearinghouse, under the oversight of the Commodity and Futures Trading Commission (CFTC). Polymarket is a decentralized prediction market platform that lets users trade on the outcomes of real-world events, such as election results and sports events. According to Token Terminal, trading volume on the prediction platform surpassed $15 billion over the past year. Read more -
Cointelegraph.com - 20:56 Jul 21, 2025
The new entity will manage a crypto corporate reserve powered by the ENA token, with investors including Pantera, Galaxy Digital and the Ethena Foundation. StablecoinX, a new infrastructure company within the Ethena ecosystem, is going public through a merger with TLGY Acquisition Corp., securing $360 million to build a crypto corporate reserve anchored by the ENA token. After the merger, the combined company will be called StablecoinX Inc., and plans to list its Class A shares on the Nasdaq stock exchange under the ticker symbol “USDE.” The new company will provide infrastructure and staking services for the Ethena protocol, while the Ethena Foundation will retain majority voting power in StablecoinX following the merger. The deal includes a $360 million private investment in public equity, with $260 million in cash and $100 million in discounted, locked Ethena (ENA) tokens, the protocol's native coin. Backers include the Ethena Foundation alongside Ribbit Capital, Pantera, Dragonfly, Galaxy Digital, Haun V... -
Cointelegraph.com - 19:50 Jul 21, 2025
The Blue Origin mission is expected to move forward with six crew members after a 2021 bid from the Tron founder. Blue Origin, the privately-owned space technology company launched by Amazon founder Jeff Bezos, said Tron founder Justin Sun will be joining the crew of its next mission, which is expected to launch in a matter of weeks. In a Monday notice, Blue Origin said Sun would join five others as part of the company’s 34th mission using its suborbital rocket system New Shepard, named after the first American in space, Alan Shepard. According to the company, Sun placed a bid for the first seat on the mission in 2021, contributing $28 million. The 2021 notice suggested that Sun would personally pick the other five crew members, which the company said would be from “the TRON DAO community, comprising of long-term holders of TRX, BTT, JST, SUN, NFT, and WIN.” However, a spokesperson for the Tron founder told Cointelegraph he had not chosen the crew, which included a real estate investor, a businessman, a journ...
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