Germany completes its sell-off of seized Bitcoin

dlnews.com Germany has divested all of its Bitcoin holdings, according to Arkham Intelligence, winding up a process that took several weeks and helped drive an increase in supply that…

RFK Jr reportedly jabs at Trump in speech at Nashville Bitcoin conference

dlnews.com Robert F. Kennedy Jr, an independent candidate for US president, went on the offensive against former President Donald Trump Friday night at the Bitcoin 2024 conference,…

Maker aims for $100bn stablecoin despite AI delay

dlnews.com While the stablecoin market booms and titans of finance launch their own dollar-pegged tokens, Maker’s DAI has lost steam. Stuck with a supply of about 5 billion tokens, DAI…

Crypto lobby’s bet on Trump is a mistake, says Arthur Hayes

dlnews.com The crypto industry shouldn’t throw its lot with presumptive Republican nominee Donald Trump. That’s according to Arthur Hayes, co-founder of crypto exchange BitMEX, who…

Ethereum ETFs’ $2.6bn debut on CME has ‘reinvigorated the market’ as volume hits record

dlnews.com The new spot Ethereum exchange-traded funds, only four days old, have stimulated crypto markets — well, at least the Chicago Mercantile Exchange. Ethereum ETFs have already…

US lawmakers take action in Congress to free Binance executive in Nigeria

dlnews.com Two members of the US Congress have escalated their efforts to free a Binance executive imprisoned in Nigeria on money laundering charges. On Wednesday, Representative…

Messari’s new CEO Eric Turner doesn’t want to talk politics

dlnews.com Ryan Selkis, the former CEO of crypto analytics firm Messari, loves to talk politics. His replacement? Not so much. “I am going to avoid any politics publicly,” Eric Turner,…

Tornado Cash dev Alexey Pertsev denied bail to appeal money laundering conviction

dlnews.com A Dutch court on Friday rejected to release Alexey Pertsev, the Tornado Cash developer convicted of money laundering in May, as he prepares his appeal. The Court of Appeal…

Animoca Brands’ co-founder defends token launch amid potential IPO

dlnews.com It’s rare for a public company in crypto to launch a token. Coinbase, Marathon Digital, Galaxy Digital, and others have all shied away from the move. But, Yat Siu,…

In harsh year for NFTs one group of ‘Made Mutants’ still believe in Yuga Labs’ future

dlnews.com At a time when NFTs are moribund, it takes commitment to stay true to collections such as Bored Ape Yacht Club and Mutant Ape Yacht Club. To join the Mutant Cartel you have…

Crypto investors come up empty after Hong Kong exchange fails to deliver missing $57m

dlnews.com On Wednesday, users of the vanished cryptocurrency exchange BitForex breathed a sigh of relief when it announced it would reopen for withdrawals later that day. Bizarrely,…

Ethereum ETFs are live. Here’s how the next few months will play out

dlnews.com Nine spot Ethereum exchange-traded funds launched on Tuesday to industry-wide celebration. Before their launch, pundits, degens and analysts rolled out the red carpet for…

Interpol issues red notices for two Hong Kong crypto influencers as JPEX case heats up

dlnews.com In a move that escalates the probe into one of Hong Kong’s most notorious rogue crypto exchanges, Interpol, the international police agency, issued two red notices on…

Why JPMorgan sees a Bitcoin rebound in August

dlnews.com Bitcoin is down 20% in the last 30 days, but financial giant JPMorgan doesn’t expect the slump to last long. “We continue to look for a crypto market rebound from August…

Coinbase Germany head on the real reason the country dumped $2.3bn in Bitcoin

dlnews.com Fears over the German government’s ongoing liquidation of seized Bitcoin has ignited a 25% drop from its highs. But Jan Sell, managing director of Coinbase Germany, says not…

Trump puts spotlight on Bitcoin 2024 where men outnumber women speakers almost nine to one

dlnews.com Bitcoin 2024 is one of crypto’s largest conferences. And this year will be a bonanza as former President Donald Trump and a slew of other high-profile speakers flock to…

A Trump-driven financial crisis would be Bitcoin’s true test

dlnews.com Wolfgang Münchau is a columnist for DL News. He is co-founder and director of Eurointelligence, and writes a column on European affairs for the New Statesman. Opinions are…

Bitcoin traders look to Fed to boost lagging price

dlnews.com US inflation data lands today, and crypto traders are watching closely. That’s because falling inflation makes it easier for the Federal Reserve to follow through on…

Tech plunge drags Ethereum lower

dlnews.com Nine spot Ethereum exchange-traded funds launched on Tuesday after months of waiting. Many industry watchers expected it to trigger a new crypto rally. However, Bitcoin has…

Abduction of Hong Kong toddler marks crime wave targeting crypto owners

dlnews.com Last week, Hong Kong police authorities arrested two 38-year-old women from mainland China for allegedly abducting a three-year-old boy. The two grabbed him from a shopping…

Ethereum ETFs on track to take in $15bn in 18 months after ‘very solid first day’

dlnews.com Spot Ethereum exchange-traded funds put on a solid performance on their first day. The ETFs, launched on Tuesday, outperformed expectations by netting $107 million on their…

Bitcoin’s summer slump masks BlackRock’s ‘Looney Tunes’ $120m ETF inflows

dlnews.com Bitcoin has slumped, but spot Bitcoin exchange-traded funds keep outperforming expectations. On Tuesday, BlackRock’s spot Bitcoin ETF, ticker IBIT, saw $121 million in…

A firm linked to Cambodia’s ruling family is running an $11b crypto scam operation

dlnews.com The Cambodian government says it wants to stop the rampant surge in crypto romance scams and shut down the compounds in the country that perpetrate such online fraud. But…

Inside the crypto war room: How a whitehat hacker helped recover $450 million

dlnews.com When hackers strike, DeFi teams often feel helpless. Many don’t want to turn to the cops, and identifying those responsible is increasingly difficult. That leaves few…

Crypto struggles to address its sexism problem just as the industry becomes an election issue

dlnews.com When Amanda Wick made the jump from government to crypto, she was surprised by how few women spoke at crypto conferences. “Crypto, pardon the pun, loves a token,” Wick told…

How crypto is funding a flood of election disinformation online

dlnews.com Crypto is part of the 2024 election cycle. Donald Trump, Joe Biden, and others have all talked about digital assets on the campaign trail. However, cryptocurrency isn’t just…

New ETF allows traders to short Coinbase as crypto stock plays seen as ‘most volatile ETFs ever’

dlnews.com While the crypto community feverishly awaits for the launch of spot Ethereum exchange-traded funds, Wall Street firms are spinning up other ETFs to bet on the industry. ETF…

Industry group releases Ethereum DeFi handbook

dlnews.com A version of this article appeared in our The Decentralised newsletter on July 23. Sign up here. GM, Aleks here. Here’s what caught my DeFi-eye recently: Why EigenLayer is…

Is AI stealing crypto’s thunder? It’s complicated

dlnews.com When ETF hype pushed Bitcoin to a new all-time high in early March, it seemed like the top cryptocurrency would reach the six-figure mark in no time. Instead, momentum died…

Shorts pile $7.4bn into bets MicroStrategy and Coinbase will tank

dlnews.com Traders are making bank short selling crypto. Software company MicroStrategy was the most profitable short trade in dollar terms out of the entire stock market over the last…

Solana memecoin trader whiffs on $5m BODEN opportunity right before token surges amid Biden letter

dlnews.com A crypto trader gave up on BODEN, the Solana-based Joe Biden-themed memecoin, after a rollercoaster ride that saw their holdings jump to more than $5 million from almost…

White House and Coinbase make big crypto hires

dlnews.com Crypto hiring is a minefield. Not only is it tough to find and manage the right talent, but a recent DL News investigation found that fake applicants are flooding job boards…

Why you won’t see a Solana ETF soon

dlnews.com Asset managers VanEck and 21Shares just submitted new filings for their Solana spot ETFs, but bulls will probably have to wait a while before they can buy any. “A Solana ETF…

Ethereum ETFs are here

dlnews.com Eight spot Ethereum exchange-traded funds will launch in just a few hours and unleash a wave of intense trading, market watchers say. Institutional investors will pour $500…

DeFi titans Aave and Maker clash over $2m profit sharing deal

dlnews.com A version of this article appeared in our The Decentralised newsletter on July 9. Sign up here. GM, Tim here. Here’s what caught my DeFi-eye recently: Aave DAO calls out…

Bears can now short Bitcoin in Hong Kong with new ‘inverse’ ETFs

dlnews.com Bitcoin is the most erratic asset in the last decade — and subject to wild price swings driven by speculation, news, and rumours. That’s great for risk-hungry traders. And…

Why Ethereum ETF demand will disappoint crypto investors

dlnews.com Spot Ethereum exchange-traded funds will likely launch in the US on Tuesday — potentially opening the floodgates to a new round of crypto ETF craze. Not everyone, however,…

Crypto bridge Multichain owes Fantom $2m for exploit

dlnews.com A court ruling in Singapore could pave the way for the eventual return of tokens that were stolen when crypto bridge Multichain suffered a mysterious exploit last July.…

How a Republican Senate would speed up stablecoin ambitions in US

dlnews.com A version of this story appeared in The Guidance newsletter on July 8. Sign up here. If the US Senate flips Republican in November, stablecoin laws will be a layup for the…

A Solana project wants to tokenise oil rights

dlnews.com A new Solana-based project will bring another real-world asset onto the blockchain: the rights to oil and gas wells and the royalties that come with them. The project,…

France’s shock election wins will upend crypto tax cuts, industry fears

dlnews.com The left party’s shocking win in the French parliamentary elections may lose France the competitive edge that helped build it into a crypto hub, experts fear. And the first…

What happens next in the SEC’s fight with Binance will shape crypto policy for years

dlnews.com Gary Gensler has a lot riding on his Binance case. Even though three US government departments settled charges with Binance last November, Gensler and the Securities and…

I’d be ‘shocked’ if Ethereum ETFs aren’t trading soon, says expert

dlnews.com The crypto industry’s high hopes for the launch of spot Ethereum exchange-traded funds this week are fading. While some experts went into the Independence Day weekend with…

Trump would send inflation higher. That’s not good for crypto, says analyst

dlnews.com Former President Donald Trump is pro-crypto. He’s met with prominent Bitcoin miners and will speak at an industry conference, while crypto boosterism is even part of the…

Hong Kong exchange BitForex resurfaces after vanishing with $57m

dlnews.com Five months ago, the cryptocurrency exchange BitForex vanished, its social media profiles went silent, and $57 million in user funds were transferred to a new wallet. Last…

North Carolina governor vetoes bill to prohibit CBDCs in state

dlnews.com Democratic Governor Roy Cooper of North Carolina vetoed a bill that sought to prohibit the state from implementing any central bank digital currency (CBDC) issued by the US…

Crypto throws Celsius defendants potential lifeline in clawback lawsuits, lawyer says

dlnews.com In an attempt to claw back money it can use to repay its creditors, failed crypto lender Celsius is suing thousands of former customers who pulled their assets from the…

Tangem plans crypto Visa payment card with hardware wallet

dlnews.com Tangem, a provider of secure hardware wallet solutions, has partnered with Visa on a self-custodial payment solution for hardware wallets, it said in a news release. The two…

Crypto market analysis reveals structural weakness, positive catalysts

dlnews.com The past few months have been difficult for crypto markets; after a rapid rise early in the year, they have been trading in a range, according to a report from Binance…

Binance receives permission to invest some customer assets in US Treasuries

dlnews.com Binance’s US affiliate received permission from Federal Judge Amy Berman Jackson to invest some customer assets in US Treasury bills. Binance can also transfer crypto to…

Crypto losses to hacks and exploits double in first half to $1.4bn, researchers say

dlnews.com Twice as much money was stolen in hacks and exploits during the first half of 2024 as in the same period a year earlier, as a few big attacks and rising crypto prices drove…

BlockFi repayments to creditors to begin this month through Coinbase

dlnews.com Bankrupt crypto lender BlockFi said in a post on X that it will begin interim crypto distributions through Coinbase in July. “The distributions will be processed in batches…

Trump wants $844,600 for seat at Nashville Bitcoin conference fundraiser

dlnews.com Former President Donald Trump will hold a campaign fundraiser July 27 alongside the Bitcoin2024 conference in Nashville, Tennessee, with the top ticket priced at $844,600…

Lightspeed Newsletter: Sanctum airdrop ended in backlash

blockworks.co Today, enjoy the Lightspeed newsletter on Blockworks.co. Tomorrow, get the news delivered directly to your inbox. Subscribe to the Lightspeed newsletter. Howdy! Welcome back…

Why EigenLayer and other restaking projects are cooling off

dlnews.com After a red-hot start to the year, EigenLayer, the protocol that pioneered Ethereum’s multibillion-dollar restaking sector, is cooling off. Restaking is the process of using…

Nigerian central bank official testifies Binance operated illegally in money laundering trial

dlnews.com Nigerian prosecutors have charged Binance and its jailed executive Tigran Gambaryan with money laundering. But in testimony at trial on Friday, lawyers made a simpler…

Why even the Supreme Court can’t kneecap the SEC’s crypto crackdown

dlnews.com The Supreme Court has short-circuited regulators’ powers to interpret laws, which crypto pundits have hailed as a victory against the Securities and Exchange Commission.…

Ryan Selkis resigns as Messari CEO after series of angry tweets against Trump opponents

dlnews.com Following a number of tweets calling for violence against opponents of Donald Trump, Ryan Selkis, the co-founder and CEO of Messari, said Friday he has resigned with…

Will Bitcoin bounce back? Here’s where five experts see the price heading next

dlnews.com Bitcoin’s slump saw it dip to under $55,000 as it dropped below its 200-day simple moving average. The downturn comes as Mt. Gox began to repay customers after a decade-long…