Crypto-friendly bank Erebor in talks to raise $1.5 billion at $9.5 billion valuation: FT
Total deposits grew from $1.1 billion in March to $4.6 billion by July, driven by clients in crypto, AI and defense. Source:CoinDesk
Pokémon cards are becoming multibillion dollar market. Crypto wants to fix how they trade
Collectors are spending millions on trading cards, while blockchain startups are turning physical Pokémon cards into digital assets. The harder task is…
EToro to buy TradeZero as Q2 crypto revenue falls 30%
Trading platform eToro will acquire TradeZero as part of its US expansion as it reported cryptorelated revenue fell by about 30% compared to the second quarter…
MoneyGram expands on Solana with global crypto-to-cash service
Wallets and apps on Solana can now tap MoneyGram's global network to move between digital assets and local currencies. Source:CoinDesk
Australian watchdog suspends Cryptolink, forcing 96 ATMs offline
The regulator cited missing transaction reports and the company’s failure to respond to an information request. Source:CoinDesk
Coinbase picks Abu Dhabi for its global tokenized asset push
The crypto exchange said it secured regulatory approval to offer tokenized securities from Abu Dhabi as the emirate deepens its push into onchain finance.…
Bitcoin sell pressure ‘closer to exhaustion’ after $4B USDT market-cap drop: CryptoQuant
Bitcoin analysis suggested that sell pressure would not increase given the historically large contraction in USDT market cap over a 60day period.…
Bitcoin stuck below $65,000 as Hormuz hopes evaporate, XRP close to dropping below $1
The Strait of Hormuz relief trade unraveled after Trump demanded 50 years of Iranian compensation, pushing oil back to $89 and leaving crypto and equities…
Software stocks break away from bitcoin: What the rare divergence means for crypto
IGV’s rebound is reshaping a relationship it held with bitcoin for years, but history suggests bitcoin could still catch up. Source:CoinDesk
Nvidia’s $500 billion AI infrastructure push leaves crypto compute further behind
Nvidia has signed memorandums of understanding with six major Wall Street firms to establish "AI compute" as a bankable infrastructure asset. Source:CoinDesk
UK lawmakers question lenders over lack of banking for the country’s crypto firms
The U.K.’s Crypto and Digital Assets AllParty Parliamentary Group asked banks to explain their approach to providing banking services to crypto and digital…
South Korea drops Travel Rule threshold for crypto transfers
South Korea will remove its 1 million won Travel Rule threshold and apply informationsharing requirements to all transfers between registered crypto service…