Category: crypto

Ring Protocol has integrated Orbs-powered dLIMIT and dTWAP orders across four major EVM-compatible blockchain networks, offering users decentralized limit and time-weighted average price orders. Orbs’ Layer 3 infrastructure enables advanced execution while users maintain self-custody of assets on-chain. This integration enhances decentralized trading infrastructure and expands access to advanced trading tools in the DeFi sector.

Kazakhstan has approved a strategic crypto mining framework that ties regulated electricity access to contributions to a state-backed crypto reserve. Eligible miners must meet infrastructure standards and agree to transfer part of their mined assets to the reserve. The new rules aim to strengthen oversight of the crypto industry and expand regulated digital asset infrastructure.

Strategy and eight financial firms have pledged $15 million over three years to enhance Bitcoin security, focusing on quantum readiness. Each firm will independently fund projects. The consortium includes BlackRock, Fidelity, Coinbase, and others. Galaxy Digital has also committed funds separately. Concerns over quantum computing threats to Bitcoin have led to increased security efforts.

Goldman Sachs CEO David Solomon supports advancing the CLARITY Act despite concerns from banking groups about stablecoin rewards. Seven Senate Democrats oppose the latest draft over ethics and consumer protection provisions. Republican support is needed to pass the bill, as major executives differ on the reward dispute and other issues.

Alphabet disclosed a $94.1 billion stake in SpaceX, representing roughly 6% ownership in the company. Google first invested in SpaceX in 2015 through a $1 billion funding round. The IPO price of SpaceX shares was $135, but the stock has since declined, impacting Alphabet’s paper gains.

Economist Peter Schiff warns that oil prices surging above $100 could lead to a sharp increase in July inflation, reversing June’s decline. With Brent crude surpassing $100 due to supply concerns, there is a 37.6% chance of a Fed rate hike. Energy prices played a significant role in lowering inflation in June.

Ripple has invested in Notabene to integrate RLUSD into its institutional payment network. Notabene’s regulated infrastructure handles over $2 trillion in annual transaction volume. The collaboration aims to accelerate adoption of compliant stablecoin payments and expand Ripple’s global reach. Regulatory progress in Europe and the US supports this strategic investment.

Hackers used Vlad Tenev’s account to promote the fake Vladhood memecoin, reaching a market cap of $10 million before Robinhood confirmed the breach. The incident follows similar scams targeting other crypto figures. Despite warnings, Vladhood continued trading after the post was deleted, highlighting the risks of memecoin activity.

Bitcoin fell below $65,000 after Trump threatened a massive military attack against Iran, causing a 1.5% drop in cryptocurrency value. Houthi strikes on Saudi oil tankers raised Brent crude prices above $100 per barrel. Binance Research predicts macroeconomic pressure will limit Bitcoin performance through the third quarter.

Gate CEO Dr. Han promotes a human-led approach to crypto trading, integrating AI tools to simplify trading and lower Web3 entry barriers. AI will assist traders without replacing human judgment, helping them navigate the complex world of digital assets and decentralized applications. AI could bridge the gap between users and the Web3 ecosystem.