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Crypto exchanges subject to EU Travel Rule in 6 months

New EU regulations mandate crypto exchanges to comply with Travel Rule guidelines, enhancing AML/CFT measures starting Dec. 30.

Ether ETFs will only be a ‘sidekick’ to Bitcoin ETFs — Bloomberg analyst

Inflows from the Ether ETF launch may disappoint compared to the record-breaking inflows generated by the launch of the US-based spot Bitcoin ETFs.

Mt. Gox begins repayments in Bitcoin and Bitcoin Cash

The collapsed exchange has started debt repayments to creditors via select crypto exchanges, following the rehabilitation plan.

Biden’s reelection odds brush single digits on Polymarket

Former U.S. President Donald Trump is still in the lead at odds at 61%, while U.S. Vice President and Democrat Kamala Harris is second with 19% odds.

Bitcoin crashes to $53K, but analysts warn the worst isn’t over

Analysts say Bitcoin could sink as low as $50,000, but strong macro conditions and an entrenched “buy the dip” mentality will quickly rebound BTC’s price.

Bitcoin drops below $54K as crypto liquidations near $665M

Around $222 million in long Bitcoin positions were liquidated in the past 24 hours, with the price of BTC hitting its lowest point since February.

Coinbase continues to fight for access to Gensler’s private emails

In a recent letter to a district court judge, Coinbase argued that the SEC Chair’s private communications are an “appropriate source of discovery” crucial to mounting a reasonable defense.

German MP urges government to stop ‘hasty’ Bitcoin sell-off

German MP Joana Cotar said the mass Bitcoin sell-off isn’t “sensible” and “productive” as it could be used to diversify treasury assets and protect against currency devaluation.

Mt. Gox moves $2.7B in Bitcoin to new wallet address

One of Mt. Gox’s cold wallets just transferred more than 47,000 BTC to an unknown wallet address amid a plan to begin repaying its creditors.

Bitcoin traders express optimism even as BTC price targets shift lower

Bitcoin traders say “the bottom is in” even as BTC price retests the 200-day moving average and threatens to descend lower.

Bitcoin price falls to 2-month low, but derivatives markets reflect traders’ interest

Bitcoin price is pinned below $60,000, but derivatives and stablecoin data show traders remain optimistic.

Crypto startup launches tokenized US Treasury bonds on Bitcoin layer-2s

The new tokenized assets offer the stability of the Bitcoin network with admirable yield.

UK exit poll suggests Labour Party victory, next PM Keir Starmer

According to a BBC exit poll after a July 4 general election, Labour was set to oust the Conservatives for the first time in 14 years.

Web3 users reached an all-time high of 10M in Q2: DappRadar

The second quarter saw a record number of Web3 unique daily active wallets, but DappRadar cautioned the growth may be due to temporary airdrops.

NYT AI lawsuit gets weird as OpenAI demands sources for every article

It’s unclear whether the judge in the case is considering the request, but the New York Times had a strong response to the request.

Aptos launches keyless wallets that use ZK-proofs to verify identities

Aptos Connect allows users to log in with a Google ID without needing an MPC Network, Magic Links, or Windows passkey.

Hamster Kombat hits 239M users in 81 days — Telegram’s Durov

Telegram founder Pavel Durov says Hamster Kombat’s viral success could onboard over 200 million people to blockchain technology.

Taurus enhances Zand Bank’s crypto, tokenization services in UAE

The Swiss crypto platform is expanding its stable of large financial institutions.

Microsoft, Google, Nvidia and more filed SEC warnings that AI could ruin business

The reasons ranged from cannibalizing their own businesses to releasing potentially inferior products.

How DePin Networks can decentralize law enforcement

Everything from radar arrays to acoustic networks that triangulate active shooters can be decentralized and community-owned.

South Korean government to launch crypto transaction monitoring system

Crypto exchanges subject to a new South Korean law have implemented a system allowing authorities to receive reports on suspicious transactions.

Are politicians using crypto to influence the US elections?

In a fraught election year, crypto-user demographics are aligning with those of highly sought “swing voters,” says a TCU researcher.

‘Raider’ investors are looting DAOs — Nouns and Aragon share lessons learned

DAO governance is still a pain and two recent projects have struggled with “raiders” overtaking their organizations.

ZkSync denies NFT ‘insider minting,’ claims some minters attended events

Matter Labs stated that its employees were not eligible for the ZK airdrop and did not hand out NFTs to friends or other insiders.

Tangem introduces Visa-integrated crypto wallet for secure payments

Self-custodial crypto wallet provider Tangem has developed a new wallet integrating direct payments through Visa.

Justin Sun offers to buy German gov’ts $2.3B Bitcoin stack to minimize market impact

The government-linked wallet has been steadily selling its holdings, threatening to create continued Bitcoin selling pressure.

Insider trading allegations hit Khamzat Chimaev’s Smash token

The distribution of Smash tokens raises insider trading concerns, adding another red flag to celebrity memecoins.

Nigerian SEC mandates local offices for crypto firms

The requirement also states that applicants must report customer complaints and emergent risks and be subject to SEC inspections, audits and monitoring.

Telegram and Helika Gaming unveil $50M gaming accelerator with Notcoin

The accelerator program aims to foster innovation among game developers, leveraging the Ton blockchain to enhance Telegram’s gaming ecosystem.

$100M Bitcoin liquidated as BTC drops: Will ETF investors panic sell?

Despite BTC falling below the realized price of ETF buyers, ETF holders did not panic sell, but a deeper correction remains on the horizon.

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