Category: crypto

China’s People’s Bank of China has added eight commercial banks to the digital yuan network, bringing the total number of operators to 30. The expansion aims to increase access to e-CNY services. Verified digital yuan wallets can now earn interest, and cross-border trials, including a payment between China and Singapore, have been increased.

Chainalysis Government Solutions is suing the U.S. government over a $94.7 million Immigration and Customs Enforcement contract awarded to TRM Labs. The case is ongoing, with Chainalysis challenging the sole-source nature of the award and seeking to stop it through legal action. Oral arguments are scheduled for September 2.

Sandisk-linked perpetual futures reached $1.73 billion in open interest, making it the largest equity perpetual trade in the crypto market. SNDK also had a 24-hour volume of $2.51 billion, surpassing other stock-linked contracts. Major market makers like Jane Street and Cboe support SNDK-related options, showing rapid growth in the derivatives market.

After MiCA’s deadline on July 1, unauthorized crypto providers in Europe had to stop regulated services. Scammers are impersonating authorities and exchanges to direct migrating users to fraudulent platforms. The migration is significant, with over 1,700 unlicensed platforms stopping services for EU users. Regulators advise verifying providers through ESMA’s official register.

Harvard Management Company maintained its position in BlackRock’s iShares Bitcoin Trust unchanged during the second quarter, with 3,044,612 shares worth $101.4 million. This comes after two consecutive quarters of reductions in Bitcoin exposure. Other institutional investors, such as Mubadala and Abu Dhabi Investment Council, also retained their positions in IBIT during the second quarter. JPMorgan…

Cardano’s Dijkstra upgrade is on schedule with Linear Leios and Nested Transactions planned for the first phase. Peras activation is set for 2027. The roadmap includes two phases, with Linear Leios being a key component of Phase 1. The upgrade aims to increase throughput and diversity in node clients.

Bias Goose, a former Ripple staffer, is developing an unnamed XRP Ledger startup that will use RLUSD as its primary financial rail. The project aims to generate real yield without issuing its own token or using artificial incentives. RLUSD has nearly $1.6 billion circulating, but details about the project’s economic model and partners are still…

Binance is offering one million XRP to eligible RLUSD holders in a four-week campaign extension until September 11. Users need at least 0.01 RLUSD and $500 in average daily trading volume to qualify. The rewards will be distributed weekly, with a 60% haircut for borrowed RLUSD. Geographic restrictions apply.

Ripple CEO Brad Garlinghouse will speak at the Wyoming Blockchain Symposium on Aug. 18, discussing modernizing financial infrastructure. The event will also feature U.S. policymakers and financial industry executives. No specific Ripple announcements or XRP product launches have been disclosed for Garlinghouse’s appearance. The event will focus on U.S. crypto policy and institutional finance developments.

DefiLlama delayed its mobile app launch until fake apps impersonating the platform were removed from Apple’s App Store. The founder reported the fake apps for months before demonstrating they could drain cryptocurrency funds. Apple removed one fake app after the demonstration. DefiLlama’s official app is now live on iOS and Android.