Live updates: Bitcoin steady as Japan holds rates at 1%, keeping the yen carry trade alive
The Bank of Japan left its benchmark at 1% and Governor Ueda's hawkish signals landed softly, since markets had already priced an October hike. Bitcoin held…
Bitcoin flat near $64,000 as Kospi's record 17% surge leaves crypto untouched
Samsung and SK Hynix both jumped more than 23%. Bitcoin moved a fraction of a percent in the past 24 hours, and most majors are still lower on the week.…
Strategy books $8.2 billion Q2 loss on bitcoin price decline
The world's largest corporate bitcoin holder says it has built a cash reserve covering more than two years of dividend payments after investors questioned its…
Coinbase sinks 5% after missing second quarter revenue estimates
The company reported $1.22 billion in overall revenue, down from $1.5 billion in the year prior. Source:CoinDesk
Global banks test tokenized money for cross-border payments in $1 million BIS pilot
Twentyeight banks, including JPMorgan, Citi and UBS, moved real money across borders in a live test of blockchainbased settlement. Source:CoinDesk
Ondo Finance weighs acquisition worth up to $500 million
The tokenizedassets firm is considering an acquisition valued at $250 million to $500 million as consolidation accelerates across crypto infrastructure.…
Crypto for Advisors: Is the Clarity Act dead?
Source:CoinDesk
The economics behind Aave proposal to ditch 6 chains that earn loose change in revenue
A governance proposal would shut deployments on Sonic, Scroll, zkSync, Metis, Soneium and Aptos, and retire 50 asset markets elsewhere. Deposits on some have…
JPMorgan says fading Clarity Act odds weigh on crypto outlook
The bank said deteriorating prospects for U.S. market structure legislation remove a key catalyst for digital assets, even as tokenization and institutional…
Institutional crypto trading hits a record 72% as Wall Street calms crypto's wild swings
A new report from market maker Wintermute found that institutions now dominate crypto trading, driving lower volatility, selective altcoin flows and growth in…
Fake staking site drains $8.5 million in XRP from dozens of investors promising easy yield
Seoul police say the amount of the scam might rise to nearly $20 million. Two alleged scammers were detained and a third remains atlarge. Source:CoinDesk
Telegram faces terror-related legal action in Australia one day after founder is charged by Russia
The platform faces a fine of up to $38 million for allegedly failing to remove terrorrelated content. Source:CoinDesk