Digital asset investment products recorded a staggering US$3.7 billion in inflows last week, marking the second-largest weekly total in history, according to CoinShares analyst James Butterfill. In a blog post the analyst reports the surge in capital drove total assets under management (AuM) across crypto exchange-traded products (ETPs) to an all-time high of US$211 billion. […]
The global crypto jobs market is heating up, just as Bitcoin smashed through $122,000 for the first time on July 14. As interest in digital assets soars, a new study reveals where the most promising crypto careers are taking shape, and which countries offer the best mix of pay, opportunity and regulation. A recent Taurex
US and UAE Offer Top Crypto Jobs Prospects, From Salary to Demand: Study Read More »
Key Notes As part of a strategic infrastructure review, Tether announced that it will suspend USDT redemption on Omni Layer, Bitcoin Cash SLP, Kusama, EOS, and Algorand. This development will become effective on September 1, 2025, reshaping the stablecoin’s accessibility. Tether maintains a diverse business with legal woes and acquisitions. Largest stablecoin issuer Tether is
Tether To Halt USDT Redemption On Algorand, and More Read More »
Three leading crypto trade groups urged Congress to pass the CLARITY Act in a July 11 letter to Speaker of the House Mike Johnson and House Minority Leader Hakeem Jeffries. Crypto Trade Groups Urge Congress To Pass Crypto Legislation According to the Friday letter from Blockchain Association CEO Summer Mersinger, The Digital Chamber CEO Cody
Key Crypto Trade Groups Call For CLARITY Act’s Passage Read More »
Ranking member of the House Financial Services Committee Maxine Waters (D-CA) Congressman Stephen Lynch (D-MA) announced July 11 that next week will be known as “Anti-Crypto Corruption Week” on Captiol Hill. Democrats Push Back On GOP Crypto Week According to the Friday notice posted on the House Financial Services Committee’s website, Democratic lawmakers will be
Democratic Lawmakers Announce Anti-Crypto Corruption Week In Blow To GOP’s Crypto Week Read More »
On July 9, decentralized exchange GMX became the latest DeFi protocol to suffer a major exploit, with over $42 million in digital assets reportedly siphoned from its vaults. According to data from DeBank, the breach involved a suspicious outflow of funds to a single wallet address: 0xdf3340a436c27655ba62f8281565c9925c3a5221. The stolen funds were then bridged from Arbitrum—a
GMX Hacker Strikes White-Hat Deal: $42M Heist Turns $3M Profit After $5M Bounty Offer Read More »
Florida Attorney General James Uthmeier has opened an investigation into Robinhood Crypto, alleging the platform may have misled customers by marketing itself as the cheapest way to buy digital assets. In a statement on Thursday, the attorney general’s office said it issued a subpoena to Robinhood’s crypto unit, seeking internal documents, marketing materials and pricing
Robinhood Faces Florida Investigation for ‘Low-Cost’ Crypto Marketing Read More »
Jonathan Gould, a former blockchain executive with a deep regulatory background, has been confirmed as the next head of the Office of the Comptroller of the Currency (OCC). The US Senate voted 50 to 45 on Thursday to approve his nomination, clearing the way for Gould to become the OCC’s first permanent chief since 2020.
US Banking Regulator OCC Gets New Chief with Crypto Industry Roots Read More »
The Russian government is poised to ban domestic data processing centers from mining crypto if they use subsidized power. The Russian media outlet RBC reported that the government has revamped a draft law on mining that passed a first reading in the State Duma back in 2022. Government officials are now working with lawmakers on
Russia to Block Data Processing Centers from Mining Crypto with Cheap Power Read More »
Key Takeaways: The crypto market delivered a 21.72% return in Q2, tripling S&P 500 gains. Retail interest shifted toward altcoins, while institutions increased Bitcoin exposure and technical indicators and macro shifts fueled Bitcoin’s Q2 rally. Spot ETFs continue to accumulate BTC, altering supply dynamics. Bitcoin and other major cryptocurrencies extended gains through Q2, with the
