Category: crypto

Binance cofounder CZ Zhao plans to make Trust Wallet’s Ignore coins feature easier to access after unsolicited meme tokens complicated wallet management. Zhao initially doubted the need for the feature but changed his mind after user feedback. Trust Wallet has not confirmed specific changes or release dates yet.

Austria fined Bitpanda €70,000 for breaches of the EU’s Markets in Crypto-Assets Regulation, marking the regulator’s first published final penalty under MiCA. Bitpanda failed to submit a required white paper and distributed marketing material without disclosures. The penalty was completed through an expedited procedure, with Bitpanda already operating under MiCA authorization across the EU.

Harmony plans to roll back its blockchain to two Aug. 11 checkpoints following a forged mint, discarding over 109,000 regular transactions. Exchanges, bridges, and law enforcement are assisting with the investigation. The recovery plan involves replacing affected shard databases to resume consensus and prevent future attacks.

Dutch prosecutors sold €2.2 million worth of seized cryptocurrency from bankrupt trading platform Knaken to repay creditors. About 6,300 customers face claims totaling €10-12 million, with the trustee warning that Knaken may not have held enough crypto to match customer account balances. Disputes over ownership and investment of customer funds arise.

Tudor Investment increased its stake in BlackRock Bitcoin ETF by 18.9% in the second quarter, adding 109,446 IBIT shares worth $22.9 million. The hedge fund cut its call-option exposure to the fund by 85%. Other institutions, including Morgan Stanley and UBS, also increased their holdings in the fund, while some like Harvard Management Company kept…

Strategy raised $333.7 million through MSTR stock sales last week without buying or selling Bitcoin, keeping its holdings at 840,447 BTC. The company also repurchased STRC shares, paid dividends, and added $149.1 million to its U.S. dollar reserve. They have a significant capacity for additional capital through stock sales.

The U.S. Treasury has proposed rules for payment stablecoins in the U.S. under the GENIUS Act, effective January 2027. Stablecoin issuers need licenses, and rules for foreign-issued stablecoins are outlined. Treasury seeks public comments on the proposal, aiming to provide regulatory certainty and support innovation while maintaining the dollar’s global position.

The SEC is working on an exemption to allow trading of tokenized U.S. stocks 24/7. This exemption aims to bring innovation to the trading of securities on blockchain platforms while still adhering to existing securities laws. Details on eligibility criteria and implementation are still being developed.

OpenAI has signed a 20-year lease for 4.25 gigawatts of AI capacity at an Ohio data center with support from Nvidia’s $105 billion guarantees. The lease is expected to start in phases in 2028, with Nvidia providing the AI systems and investing $1.5 billion in SB Energy to build the center.

Fake downloads of The Odyssey are spreading Lumma Stealer malware disguised as high-quality movie releases, putting crypto wallets, passwords, and browser sessions at risk. Bitdefender identified malicious Windows executables posing as movie files like 1080p, WEBRip, and Blu-ray. Lumma Stealer can steal sensitive data and U.S. authorities have previously linked it to information theft incidents.…