Spot Bitcoin ETFs attracted $172.4 million in July inflows but remained $5.3 billion negative year to date after heavy withdrawals in May and June. US-listed spot Bitcoin exchange-traded funds (ETFs) finished July in the green despite a late-month wave of selling and BTC price volatility. Bitcoin ETFs attracted a modest $172.4 million in net inflows...Continue Reading

Researchers found that fiat conversion costs and payment infrastructure, rather than blockchain fees, accounted for most of the differences in stablecoin remittance costs and settlement times. A Bank of Italy study found that stablecoin-based remittances did not offer a systematic cost or speed advantage over traditional payment channels, as fiat on- and off-ramp frictions accounted...Continue Reading

Pump.fun co-founder Noah Tweedale reportedly attributed the layoffs to the company growing too quickly. Solana-based memecoin launchpad Pump.fun reportedly fired employees two months before they were due to receive PUMP tokens worth millions of dollars. According to a Friday Sandmark report, at least one Pump.fun worker was due to receive PUMP tokens worth in the...Continue Reading

Tether’s reserve surplus grew to $4.11 billion in the second quarter as USDT supply rose despite a weaker stablecoin market and continued pressure across the crypto sector. Stablecoin issuer Tether generated another multibillion-dollar quarter as income from its US Treasury portfolio continued to bolster earnings, even as the broader crypto market remained under pressure. Tether’s...Continue Reading

Eligible retail and institutional users can use tokenized shares of Nvidia, Apple, Tesla and three other US companies across Bybit’s trading and lending products. Dubai-based crypto exchange Bybit has enabled six tokenized stocks to serve as collateral for margin trading and lending products, expanding the financial utility of blockchain-based equities. The update allows eligible retail...Continue Reading

TIPS data points to rising real yields, not inflation, a dynamic that weighs on non-yielding assets like Bitcoin. Key points:  Read moreContinue Reading

Several users of the long-defunct crypto exchange reported that distribution agents had begun releasing funds to reimburse creditors for some of their 2022 losses. The trust behind reimbursing creditors from defunct cryptocurrency exchange FTX has begun its fifth distribution of funds, sending $900 million to affected users. In a Friday X post, former FTX user...Continue Reading

Bitcoin saw fresh downside pressure as US stocks tracked sideways into the end of the month, diverging from the relief bounce seen in Asia. Bitcoin (BTC) fell to its lowest levels in over two weeks on Friday as US stocks saw pressure into the monthly close. Key points: Data from TradingView showed BTC/USD falling 3.5%...Continue Reading

Crypto forensics company AMLBot launched an AI-enabled tool allowing users with no specialist knowledge to trace their digital assets, even after they are stolen. Crypto forensics and compliance company AMLBot has launched its AI Tracer, described as a self-service blockchain analysis tool that maps visible fund movements from a transaction hash across blockchain networks. AMLBot...Continue Reading

The European Central Bank proposed accessibility standards for its planned digital euro app, saying it would be one of several ways users could access basic digital euro services. The European Central Bank (ECB) said Thursday its planned digital euro app will exceed the accessibility requirements of the European Accessibility Act. The proposed design includes enhanced...Continue Reading