Crypto
AI Summary
- Major financial institutions like Fidelity are actively engaging with legislative efforts such as the CLARITY Act, aiming to shape the future regulatory landscape for digital assets in the US.
- The crypto industry is increasingly exploring real-world asset (RWA) tokenization, with examples like tokenized cows in Brazil and tokenized stocks on Robinhood Chain highlighting its potential for collateral and trading.
- Amidst ongoing regulatory scrutiny, several crypto exchanges, including BitMEX and Odos Protocol, are announcing shutdowns or significant operational changes, signaling a market consolidation or shift.
- North Korea faces accusations of utilizing crypto for illicit activities, with reports detailing arrests related to bank hacking and money laundering schemes involving digital currencies.
- Institutional interest in crypto continues, with BlackRock and other major players investing in initiatives like quantum-proofing Bitcoin and scaling identity solutions, indicating a long-term vision for the technology.
Sources
Cointelegraph
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Wise to resubmit US charter application under GENIUS Act
3 hours ago
by Cointelegraph by Turner Wright
Latest NewsThe OCC denied the UK company’s application this week citing AML/CFT risks, despite approving similar charters for digital asset companies in the last year.
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North Korea arrests bank hacking ring tied to crypto laundering: Report
5 hours ago
by Cointelegraph by Yohan Yun
Latest NewsDaily NK reported that North Korea arrested former state cyber operators accused of hacking two state banks and laundering funds through crypto.
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Here’s what happened in crypto today
6 hours ago
by Cointelegraph by Yohan Yun
Latest NewsNeed to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, Web3 and crypto regulation.
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Fidelity joins push for Senate passage of CLARITY Act
7 hours ago
by Cointelegraph by Yohan Yun
Latest NewsFidelity called on the US Senate to pass the CLARITY Act, joining industry groups and crypto firms pushing for market structure legislation.
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Dango’s perp DEX taps out nearly 4 months after launch
9 hours ago
by Cointelegraph by Yohan Yun
Latest NewsDango will close its network on Aug. 13, joining BitMEX, Odos and Satori Finance in a wave of recent crypto shutdowns.
CoinDesk
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Russia’s largest bank Sberbank plans crypto trading infrastructure by December
2 hours ago
by Francisco Rodrigues
Finance, banks, NewsNew regulations for crypto trading, custody, and settlement in Russia take effect Sept. 1, with requirements for licensed intermediaries applying from July 2027.
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North Korea arrests hackers accused of laundering stolen funds from country's bank via crypto
3 hours ago
by Francisco Rodrigues
Finance, Crypto News, NewsThe group allegedly breached Central Bank systems, converted crypto to cash via Chinese brokers, and used small transfers to evade detection.
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Democratizing weather derivatives through tokenization could be crypto's most important real-world use case
6 hours ago
by Omkar Godbole
Opinion, TokenizationMain Street, which faces the most significant climate-related financial risk, currently lacks an avenue to hedge weather-related risks, argues CoinDesk’s Omkar Godbole.
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Robinhood Chain's real-world assets jump fivefold as tokenized stocks start trading in bigger size
9 hours ago
by Shaurya Malwa
Finance, Robinhood, NewsThe chain built to put equities onchain has tripled in size since mid-July, and a dozen tokenized stocks are now each clearing $500,000 a day. Real-world assets are growing fast, though memecoins and stablecoins still dominate the chain.
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Senate Dems should accept the victory they won on Trump's crypto limits: White House
a day ago
by Jesse Hamilton
Policy, White House, Clarity Act, Exclusive, NewsU.S. Senate Democrats got President Donald Trump to accept potential limits on his lucrative crypto dealings, but they say the Clarity Act's restrictions aren't enough.
Decrypt
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What Is an AI Kill Switch and Why Do US Lawmakers Want One?
5 hours ago
by Jose Antonio Lanz
Artificial IntelligenceThe AI Kill Switch Act would let Homeland Security order frontier AI throttled or shut down, with fines up to $20 million a day for defying it.
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Stocks Just Topped Crypto on Hyperliquid. ARK Says That Changes Everything
21 hours ago
by Jose Antonio Lanz
DeFiFor the first time, real-world assets—stocks, commodities, and market indices—outpaced crypto on the world's biggest decentralized derivatives exchange.
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Samsung Wallet Will Add Stablecoin Support, Including USDC
a day ago
by Jose Antonio Lanz
BusinessSamsung showed a wallet mockup holding Circle's USDC at Galaxy Unpacked. But details are scarce.
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Claude Opus 5 Outscores Fable 5 on Most Benchmarks—At Half the Price
a day ago
by Jose Antonio Lanz
Artificial IntelligenceAnthropic's new everyday model undercuts its own frontier product on cost and beats it almost everywhere that counts.
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Clarity Act on the Ropes as Ethics Fight and Shrinking Calendar Threaten Passage
a day ago
by Decrypt Staff
Law and OrderSenate Majority Leader John Thune signals the crypto market-structure bill likely won't clear the chamber before the August recess, as Democrats reject the GOP's ethics language and analysts slash the odds of passage.
AMBCrypto
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Hyperliquid loses its key trendline – THESE 3 factors are driving sell-off
2 hours ago
by Benjamin Njiri
Altcoin, News, Social, Trading ViewHyperliquid's weekly revenue has dropped by 3x to $7M, affecting the pace of buybacks
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BlackRock, VanEck, Virtus InfraCap pour $756M into STRC – Details
4 hours ago
by Ishika Kumari
Bitcoin, News, Social, Trading View, ambcryptoWhy, even with increasing institutional interest, do critics remain skeptical?
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Triple-A exploit drains $9.7mln across 4 chains – What we know so far
6 hours ago
by Lennox Gitonga
Altcoin, News, Social, Trading View, ambcryptoMultichain reach widened Triple-A’s payments network and potentially expanded its attack surface.
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Is Vietnam’s new crypto framework the first step towards a ban?
7 hours ago
by Ishika Kumari
Global News, News, Social, Trading ViewVietnam's crypto market is shifting, but not in a way you are thinking.
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Official Trump team unlocks $16.9M in TRUMP – Bearish signal?
8 hours ago
by Gladys Makena
Memecoins, News, Social, Trading View, ambcryptoFutures capital retreated, while Spot deposits rose. Which market is giving the clearer warning?