Category: crypto

HKICL warns of fake websites offering cash rewards and virtual wallet transactions to steal personal and banking information. The scam sites impersonate the clearing company and offer fake security services. Hong Kong regulators are tightening security rules to combat online fraud targeting digital asset users. Authorities advise verifying platforms before sharing personal information.

Binance’s June futures trading volume reached $1.63 trillion, the highest of 2026. Despite cautious crypto market sentiment and seasonal slowdowns, derivatives activity remained strong. U.S. regulators are reviewing crypto derivatives as trading activity stays elevated. Traders are actively managing positions on Binance’s platform, even amidst market caution and regulatory scrutiny.

Robinhood Chain processed 7.6 million daily transactions just 11 days after its mainnet launch, narrowing the gap with Coinbase’s Base. Free gas subsidies and tokenized stocks have helped boost activity. Investors are monitoring network usage after fee subsidies end in September to see if the momentum continues.

The Digital Asset Market Clarity Act will be released the week of July 13 in the Senate, with floor action planned for the week of July 20. The bill aims to regulate digital assets and faces challenges regarding ethics rules, regulator staffing, and DeFi protections. Failure to pass the bill may delay comprehensive legislation until…

Circle Internet Group has received final approval from the U.S. Office of the Comptroller of the Currency to establish a national trust bank called Circle National Trust. This bank will initially provide digital asset custody services to Circle and its affiliated companies, with future plans to expand to institutional clients and manage reserves backing the…

Ethereum price has risen to nearly $1,800 due to easing geopolitical tensions and a short squeeze in crypto derivatives. Technical indicators suggest a potential move towards $1,900. Regulatory developments and institutional activity also support sentiment. However, failure to hold $1,750 could lead to bearish pressure and potential downward movement.

Metaplanet, JPYC, Progmat, and its securities arm in Japan are conducting a study on Bitcoin-backed digital credit products. The study will explore the potential use of Bitcoin as collateral for regulated digital credit products, including corporate bonds. The companies are assessing product design, regulation, investor protection, settlement, and technical requirements, but no product has been…

New Hampshire’s Executive Council rejected a proposal for a $100 million Bitcoin-backed bond by a 3-2 vote. The bond was linked to Bitcoin miner CleanSpark, who planned to use $160 million in Bitcoin as collateral. Moody’s assigned the bonds a Ba2 rating, indicating material credit risk. Supporters may seek another vote.

Revolut’s crypto exchange, Revolut X, now integrates with third-party AI assistants, allowing users to analyze markets and prepare trades through natural-language instructions. Users must approve each trade, limiting AI agents from executing orders without human confirmation. This move follows similar initiatives from other crypto platforms worldwide.

TeraWulf plans to raise $3.5 billion in debt through leveraged loans and bonds to fund an AI campus leased by Anthropic. The financing includes debt risk as the company shifts from Bitcoin mining to AI infrastructure. The lease with Anthropic could generate $19 billion in revenue over 20 years.