Crypto
AI Summary
- Despite regulatory advancements like Taiwan's new crypto laws and South Africa's proposed tax guidance, the industry faces scrutiny, highlighted by Trump's memecoin holders losing billions and calls for banning elected officials from issuing such tokens.
- Major exchanges and platforms are navigating evolving market dynamics and regulatory pressures, with Binance experiencing significant outflows and Revolut delisting USDT due to risk concerns, while Kraken now accepts tokenized stocks as collateral.
- The prediction market sector is experiencing rapid growth, with Kalshi's trading volume soaring, but faces EU retail investor bans and ongoing legal battles across the US, indicating a complex regulatory landscape.
- Technological developments are ongoing, including Vitalik Buterin's 'Lean Ethereum' roadmap, Moonbeam's pivot to Base with an AI agent framework, and Robinhood's launch of an 'AI-Native' Ethereum Layer-2 network.
- Bitcoin's price action remains a key focus, with rallies above $63,000 influenced by macro factors like easing US rate-hike fears and renewed ETF buying, though some analysts caution about potential volatility and a 'terrible' Monday ahead.
Sources
Cointelegraph
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Trump’s memecoin holders have lost over $3.8B: Report
24 minutes ago
by Cointelegraph by Jesse Coghlan
Latest NewsNansen analysis shows that just under half a million wallets had profited on Donald Trump’s memecoin, while the large majority of buyers have lost out.
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Dubai tops Asian crypto hubs, Taiwan passes crypto laws: Asia Express
4 hours ago
by Cointelegraph by Andrew Fenton
FeaturesJapan's SBI Crypto shuts down 12th largest Bitcoin mining pool in the world, Russia gears up to launch digital ruble despite EU sanctions, and more: Asia Express.
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Bitcoin nears $63.5K into weekly close as trader warns of 'terrible' Monday
11 hours ago
by Cointelegraph by William Suberg
MarketsBitcoin reached its highest levels in nearly a fortnight over the weekend, but BTC price action faced an "absolutely terrible" Monday track record.
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South Africa proposes crypto tax guidance under existing framework
16 hours ago
by Cointelegraph by Helen Partz
Latest NewsSouth Africa’s tax authority proposed draft guidance clarifying how crypto assets are taxed under existing income and capital gains tax rules, seeking public input until Aug. 31.
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Binance outflows triple to $1.2B as ETH withdrawals hit 3-year high
19 hours ago
by Cointelegraph by Helen Partz
Latest NewsBinance recorded $1.23 billion in weekly net outflows, up 207% from the previous week, as Ethereum withdrawals surged to a three-year high.
CoinDesk
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Clarity and Congress's summer break: State of Crypto
9 hours ago
by Nikhilesh De
Policy, Newsletters, State of Crypto, Clarity Act, NewsAll parties are still optimistic that Clarity can happen before the midterms, but time is really starting to run out.
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Americans traded $571 million on Polymarket politic bets despite U.S. ban
13 hours ago
by Shaurya Malwa
Tech, Polymarket, NewsU.S.-linked wallets traded $571 million in political contracts over the past year, more than any other country, even though the platform legally cannot serve them. The money leans toward the foreign-conflict markets U.S. venues do not list.
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Banks have stopped asking if stablecoins belong in finance, now they're considering how
14 hours ago
by Olivier Acuna
Finance, Stablecoins, DeFi, Standard chartered, banks, NewsFinancial institutions are racing to become the secure gateways for stablecoins as digital asset volume is projected to explode by 2030.
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Collateral, not yield, will decide which stablecoins win
15 hours ago
by Artem Tolkachev
OpinionAs yield-bearing stablecoins race toward a $50 billion market capitalization, the industry is optimizing for the wrong metric, argues Artem Tolkachev, chief RWA officer at Falcon Finance.
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Kalshi and prediction market sector embroiled in mixed bag of legal fights across U.S.
15 hours ago
by Jesse Hamilton
News Analysis, Prediction Markets, Kalshi, Regulation, litigation, NewsSome of the many battles with state gaming regulators aren't going well for the industry at the moment, but it isn't without its would-be government protectors.
Decrypt
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Fake Mac Clipboard App Delivers New Password-Stealing Malware
12 hours ago
by Jason Nelson
TechnologyA new Mac infostealer dubbed PamStealer impersonates the open-source Maccy clipboard manager to steal passwords and more.
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Bitcoin to $53K? Exchange Deposits Jump as Analysts Warn of Increased Volatility
a day ago
by Logan Hitchcock
MarketsBitcoin bounced back above $60,000 this week, but increased volatility might be on the way as crypto deposits to exchanges spike.
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Perplexity Co-Founder: AI Safety Is an Excuse to Lock Down Frontier
a day ago
by Jose Antonio Lanz
Artificial IntelligenceAndy Konwinski used Anthropic's Fable 5 debacle as exhibit A in the case against letting a handful of private labs govern who gets to do AI research.
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Inside the Trading Engine Behind ChangeNOW’s ‘Fast, Seamless Swaps’
2 days ago
by Decrypt Staff
TechnologyChangeNOW CSO Pauline Shangett digs into the infrastructure underpinning the exchange’s simple, streamlined frontend.
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Claude Fable 5 Isn't Nerfed. The Router Is Just Paranoid
2 days ago
by Jose Antonio Lanz
Artificial IntelligenceDid Claude Fable 5 get dumber? Two benchmarks, two wildly different conclusions—and one routing layer that explains the whole mess.
AMBCrypto
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Is altcoin season here? Why Bitcoin’s $21B OI says not yet
2 hours ago
by Ishika Kumari
Altcoin, News, Social, Trading ViewIs Bitcoin still calling the shots, or has altcoin season finally arrived?
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Solana flashes its first buy signal since 2025 – Is $90 next for SOL?
4 hours ago
by Evans Boto
News, Social, Solana, Trading View, ambcryptoSolana's first SuperTrend buy signal since October renewed bullish hopes as buyers challenged the critical $84 resistance.
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Crypto market’s weekly winners and losers – ADA, LIT, VVV, PI
6 hours ago
by Ritika Gupta
News, Social, Trading View, ambcryptoHere's a look at how some of the market's most popular cryptocurrencies performed over the past week.
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Dogecoin nears 50K active addresses – Why $0.082 is DOGE’s next hurdle
8 hours ago
by Erastus Chami
Memecoins, News, Social, Trading View, ambcryptoDogecoin's network activity surged as Binance traders stayed bullish ahead of a critical resistance test.
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Will Cardano’s 500M ADA treasury plan unlock the next phase of growth?
10 hours ago
by Muriuki Lazaro
Cardano, News, Social, Trading View, ambcryptoCardano balances expanded treasury funding with growing wallet activity as governance enters a new phase.