Bitcoin bulls faced “crucial resistance” at $65,000 next as BTC price action diverged from oil and US dollar strength. Bitcoin (BTC) eyed new July highs on Friday as US-Iran peace momentum kept oil lower. Key points: Data from TradingView showed BTC/USD climbing above $64,000, coming within $400 of new three-week highs. Read moreContinue Reading

EU lawmakers have again allowed tech firms to scan chats for abuse material, but exempted end-to-end encrypted messages. The European Parliament has passed legislation allowing tech firms to scan messages for child sexual abuse material until 2028, a controversial law dubbed “chat control” by critics. EU lawmakers on Thursday largely voted against extending the regulation,...Continue Reading

Robinhood’s choice to use Ethereum further solidifies its position as the “ultimate settlement layer and liquidity foundation for tokenized assets,” said HashKey Group’s Tim Sun. The amount of Ether bridged to Robinhood’s new layer-2 blockchain exceeded $70 million in just the first week, according to Token Terminal.  Robinhood Chain, an EVM-compatible Arbitrum-based layer-2 network that...Continue Reading

Zcash’s next upgrade will replace the once-compromised Orchard pool and may offer clues about whether counterfeit tokens were created via a recent bug. Zcash’s Ironwood network upgrade, the solution to an “infinity” bug discovered in May on the privacy-focused blockchain’s main private transaction pool, Orchard, is set to go live on July 28.  Announced in...Continue Reading

The incident is significant for developers and applications that handle Injective wallet workflows, Socket researchers said. Hackers compromised a widely used Injective software package in a supply chain attack with malware designed to steal crypto wallet private keys, adding to a growing attack vector involving attackers using legitimate platforms to deliver malicious payloads. Security firm...Continue Reading

“DeFi usually swings much harder than Bitcoin, so holding up this well is unusual,” says Bitwise, as DeFi tokens have outperformed Bitcoin. Decentralized finance (DeFi) tokens have held up unusually well against Bitcoin over the past month, suggesting the market may be “quietly re-rating” the sector, says crypto index fund maker Bitwise. Bitcoin (BTC) fell...Continue Reading

The soon-to-be former chief legal officer did not announce the details of his next move but said that he would continue working with the Board of Coinbase National Trust Company. Paul Grewal, who has served as Coinbase’s chief legal officer since 2020, announced that he would transition to an advisory role at the exchange starting...Continue Reading

Bitdeer shares rallied after the company announced a $36 million Nevada manufacturing facility that will produce its SEALMINER Bitcoin mining machines and expand its hardware business. Shares of Bitdeer Technologies Group rose on Thursday after the Bitcoin (BTC) mining infrastructure company announced a $36 million manufacturing facility in Nevada, a move that expands its US...Continue Reading

Both US financial regulators are understaffed at the leadership level and lacking Democratic commissioners, with no announcement from President Donald Trump on filling the roles. White House officials claimed that they had “not received names” in response to requests to Senate Democrats for potential commissioners to two US financial regulatory agencies. In a Thursday letter...Continue Reading

The companies urged the regulator to exempt blockchain developers and non-custodial wallet providers from rules designed for traditional financial intermediaries. Crypto wallet provider Phantom and the Hyperliquid Policy Center have urged the US Commodity Futures Trading Commission (CFTC) to exempt blockchain protocol developers and non-custodial wallet providers from regulations designed for traditional financial intermediaries. In...Continue Reading