Cryptocurrency News
Latest Cryptocurrency News
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South Korea will apply risk-based checks to overseas crypto transfers, with 10 million won flows subject to enhanced AML monitoring.
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BitGo Q2 revenue rose 79.6% to $4.33B, but the firm posted a $19M loss as digital asset marks and thinner trading margins weighed.
Markets
Bitcoin traded near $63,800 as July CPI matched forecasts, HYPE led large-cap gains and spot Bitcoin ETFs posted $61.1M in outflows.
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Bitwise CIO Matt Hougan says revenue-linked token buybacks could lift crypto valuations, as DeFi protocols expand fee-funded burns.
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Binance says quantum computers cannot yet break crypto, as Google lowers resource estimates and the industry accelerates post-quantum preparations.
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Erebor Bank is reportedly nearing a $1.5B raise at an $8B pre-money valuation after deposits reached $4.6B by July, months after U.S. approval.
Markets
Bitcoin trades near $63,700 as DOGE and BNB rise, HYPE slips, and traders await July U.S. CPI while Brent crude approaches $90 on Wednesday.
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OCC chief Jonathan Gould says digital asset firms should have a route to U.S. national bank charters as applications and scrutiny rise.
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MoneyGram launches Ramps on Solana, giving developers cash deposit access in 25+ countries and withdrawals across 170+ countries and territories.
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Goliath Ventures faces SEC and CFTC lawsuits after its CEO pleaded guilty in a U.S. crypto fraud case involving at least $400 million.
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SEC commissioners will meet Aug. 14 to consider tailored crypto offering rules as the CLARITY Act waits for a Sept. 15 Senate vote.
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South Korea will apply its crypto Travel Rule to all domestic VASP transfers while tightening controls on overseas exchanges and personal wallets.
Markets
Bitcoin fell below $64,000 as Ether and XRP weakened, oil revived inflation fears, and traders prepared for Wednesday’s U.S. CPI report.
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Luke Dashjr was removed as a Bitcoin BIP editor after a BIP 110 dispute, while the proposal is now marked Closed after its minority fork stalled.
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White House crypto adviser Patrick Witt says CLARITY remains a September priority as the Senate prepares for a Sept. 15 cloture vote.
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Trump Media posted a $238.1M Q2 loss as crypto and securities markdowns hit $190.4M, while Bitcoin holdings rose to 14,139 BTC in July.