Category: crypto

Tesla has won a UK Supreme Court case that allows it to challenge the licensing terms for patents needed for 5G-enabled vehicles in Britain. The court ruling overturns previous decisions blocking Tesla’s lawsuit against InterDigital and Avanci. This decision could impact Tesla’s use of 5G technology in vehicles sold in the UK.

BitMine Immersion Technologies expanded its Ethereum treasury by acquiring 9,946 ETH, bringing its total holdings to 5.79 million ETH, close to its 5% target. The company also repurchased 6.1 million BMNR shares, boosting its total buybacks to 11.6 million. BMNR stock rose nearly 11% to $17.51 as ETH surpassed $1,900.

Binance Futures introduced three perpetual contracts tied to the ProShares Bitcoin ETF and two U.S. Treasury products. The contracts support up to 25x leverage, require a minimum order size of 5 USDT, and have funding settled every eight hours. Regional access restrictions apply. Trading is available 24/7.

The U.S. Commodity Futures Trading Commission is seeking expedited ruling from a federal court regarding Minnesota’s prediction-market ban before it takes effect on August 1. The ban criminalizes creating or advertising prediction markets in the state, with industry groups arguing for a single federal framework for regulated event contracts.

Securitize Capital, a subsidiary of Securitize, registered as an SEC investment adviser, expanding its regulated US platform. This move adds disclosure, compliance, recordkeeping, and examination requirements under US securities law. Despite this, SECZ shares fell nearly 10% on Monday, reducing Securitize’s market value to about $1 billion.

Coinbase CEO Brian Armstrong believes that artificial intelligence and crypto are not competing trends. He predicts that autonomous AI agents will conduct more transactions than humans using cryptocurrency infrastructure. Coinbase is developing Agentic Finance to cater to this market. Recent research highlights security concerns and adoption challenges with facilitator-led machine payment systems. Armstrong argues that…

Triple-A confirmed unauthorized access to company treasury wallets, resulting in the loss of digital assets. Client funds were not affected, and operations have resumed. The breach, estimated at $11.8 million, is being investigated with cybersecurity experts and Singapore police. Triple-A remains operational and well-capitalized despite the incident.

Garden Finance temporarily took its app offline after an independent solver’s off-chain database was compromised, resulting in the loss of solver-owned funds. The attack did not affect protocol contracts or user funds. Recovery efforts are underway with security firms, and Garden is working to restore normal services after completing security reviews.

The U.S. Commodity Futures Trading Commission has issued a second warning to prediction-market operators this year over broad, template-style self-certifications for event contracts. The agency warned that such certifications cannot replace contract-specific terms, analysis, and compliance reviews, proposing a three-step public-interest review for certain contracts. Exchanges must provide detailed information for each contract they plan…

Connor Fitzgerald, the head of partnerships at Stripe, has left the company after helping to build its global stablecoin card program. His departure comes as Stripe continues to expand its regulated stablecoin payment infrastructure through its acquisition of Bridge. Fitzgerald believes that the future of global banking will be built natively on the blockchain.