AI
CLARITY hopes fade, BitMEX shuts as lawsuit looms: Hodler’s Digest, July 26
Despite support from Goldman Sachs, Fidelity and law enforcement bodies, the Clarity Act’s chances dim. BitMEX to close as crypto consolidates into five big players.
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WEMIX says attacker moved about $724,000 after contract breach
WEMIX suspended bridges, liquidity-pool trading and several services after an attacker compromised a WEMIX$-linked contract and moved 724,198 USDC.e.
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Bitcoin Price Prediction: Support at $59,000 Could Decide the Next Move
Bitcoin remains in a bear market but may be entering its final stretch, according to a chart analyst tracking the cryptocurrency’s historical four-year cycle, with a possible bottom forming as soon as October.
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CFTC issues second warning to prediction markets on cookie-cutter self-certifications
For the second time this year, the regulator told prediction markets to stop issuing overly broad, template-style certifications of events contracts.
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2 weeks left for Clarity: State of Crypto
Senators released new text for the Clarity Act, merging two versions and addressing for the first time what an ethics provision might look like. The bill isn't yet at the finish line though.
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XRP Ledger’s Big Upgrade Just Cleared Its Final Vote, Here’s What’s Coming
XRP has already dipped as low as $1.01 during the ongoing bear market pullback, reviving talk that the token could briefly slip below a dollar before this cycle’s downturn runs its course.
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Zcash (ZEC) Price Nears Major Breakout as $500 Liquidity Zone Comes Back Into Focus
The post Zcash (ZEC) Price Nears Major Breakout as $500 Liquidity Zone Comes Back Into Focus appeared first on Coinpedia Fintech News
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Memecoin Mania Returns? PEPE, SHIB, and BOME Flash Bullish Breakout Signals
The post Memecoin Mania Returns? PEPE, SHIB, and BOME Flash Bullish Breakout Signals appeared first on Coinpedia Fintech News
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U.S. regulator warns prediction markets against cutting corners in event contracts
The U.S. Commodity Futures Trading Commission, which has claimed a role as the leading regulator of prediction markets firms run by companies such as Kalshi, Coinbase, Polymarket and Crypto.com, issued an advisory on Fr…
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Europe's high regulatory bar could spark new crypto industry M&A wave
The race to secure Markets in Crypto Assets (MiCA) licenses may be over, but Europe's landmark crypto rulebook is already entering a new phase, one that could reshape the industry's ownership structure.
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Shiba Inu surges 36% as South Korean traders fuel mystery rally
Shiba Inu rose 36% to about $0.0000057 on Sunday, adding roughly a billion dollars to its market value in a day, with no announcement or development to account for it.
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South Korea’s largest bank to launch payment service on JPMorgan’s Kinexys
South Korea’s largest lender will use JPMorgan’s blockchain platform to support US dollar cross-border payments for import and export businesses across 10 countries.
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Crypto exchange BitMart to shut down after nine years, BMX token crashes 58%
Cryptocurrency exchange BitMart said Sunday it will wind down its trading platform, ending nine years of operation and sending its exchange token down almost 60% after the announcement.
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Top Cryptos Other Than Bitcoin and Ethereum Poised to Benefit From the CLARITY Act
The post Top Cryptos Other Than Bitcoin and Ethereum Poised to Benefit From the CLARITY Act appeared first on Coinpedia Fintech News
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Binance ‘red teams’ its own staff every month to keep hackers out
Binance regularly tests its employees for security hygiene, with social engineering becoming a major source of industry breaches.
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Robinhood in talks with Crypto.com over prediction markets: WSJ
While prediction market companies in the US continue to face legal battles between state and federal authorities, Robinhood is reportedly considering expanding its services.
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Avalanche Price at a Crossroads: Short-Term Breakout Awaits Weekly Confirmation-What’s Next?
The post Avalanche Price at a Crossroads: Short-Term Breakout Awaits Weekly Confirmation-What’s Next? appeared first on Coinpedia Fintech News
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Dogecoin Price Rebounds as Shiba Inu Gains Strength—Can DOGE Rally Higher This Month?
The post Dogecoin Price Rebounds as Shiba Inu Gains Strength—Can DOGE Rally Higher This Month? appeared first on Coinpedia Fintech News
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Russia’s largest bank Sberbank plans crypto trading infrastructure by December
Russia’s largest bank, Sberbank, plans to build cryptocurrency trading infrastructure and launch a digital depository by Dec. 1 as Russia moves to bring crypto trading, custody and settlement into its regulated financia…
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What Is an AI Kill Switch and Why Do US Lawmakers Want One?
Two members of Congress want the federal government to be able to switch off an AI model.
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Wise to resubmit US charter application under GENIUS Act
The OCC denied the UK company’s application this week citing AML/CFT risks, despite approving similar charters for digital asset companies in the last year.
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Dango Shutdown Marks Another Crypto Project Exit as DeFi Platform Winds Down Operations
Dango will permanently halt trading on July 29 before shutting down its Layer 1 chain on August 13.
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North Korea arrests bank hacking ring tied to crypto laundering: Report
Daily NK reported that North Korea arrested former state cyber operators accused of hacking two state banks and laundering funds through crypto.
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Democratizing weather derivatives through tokenization could be crypto's most important real-world use case
“Since the 1980s the number of registered weather-related loss events tripled, and the inflation-adjusted losses have increased fivefold. These trends are set to continue and could threaten assets worth 20 per cent of g…