Aave Proposal Targets 50 Reserves in Six-Market Wind-Down

An Aave governance proposal would wind down the lending protocol’s V3 markets on six blockchains and retire dozens of low-use token listings, a cleanup covering $98.1 million in supplied assets and $15.6 million in debt. Risk service provider LlamaRisk, working with other Aave service providers, recommended offboarding 50 low-use reserves and 21 matured Pendle principal…

Bitcoin (BTC) July price gain survives hawkish Fed, AI meltdown and Coldcard fallout

Since then, average daily liquidations have remained well below this year’s typical $400 million-$500 million range, suggesting there has been little forced selling despite the macro shock, according to Bitfinex. “Crypto fell less than levered equity themes because the forced-selling fuel was already spent,” the analysts wrote. Security concerns linger Separately, the market is also…

ECB Says Digital Euro App to Exceed EU Accessibility Standards

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Bitcoin Slumps into July Close as Analysts Warn of Bear-Market Repeat

Bitcoin (BTC) fell to its lowest levels in over two weeks on Friday as US stocks saw pressure into the monthly close. Key points: Bitcoin approaches $62,000 as daily losses hit 3.5%. US stocks saw no positive reactions to relief in Asia, where stocks rebounded after the semiconductor sell-off. Analysis warns that Bitcoin bear-market history…

AMLBot Launches AI Tracer for Cross-Chain Crypto Tracking

Crypto forensics and compliance company AMLBot has launched its AI Tracer, described as a self-service blockchain analysis tool that maps visible fund movements from a transaction hash across blockchain networks. AMLBot said the tool aims to address the current need for specialist software and knowledge to trace transactions. The company said the tool also traces…

New York Sues Kalshi Over Alleged Illegal Gambling Operation

[Update 11:45 UTC, July 31: Adds Kalshi’s response in the sixth and seventh paragraphs.] New York has sued prediction market platform Kalshi, alleging it operates an illegal, unlicensed gambling business by offering event contracts on sports, elections and other outcomes. The lawsuit seeks to stop Kalshi’s alleged illegal gambling operation in the state, require the…

RWA Perpetual Futures Near Bitcoin Volume on Hyperliquid, Binance

Perpetual futures tied to tokenized stocks and commodities generated nearly as much trading volume as Bitcoin perpetuals on two of the largest venues for the products over the past week, according to Talos. Combined seven-day volume across tracked real-world asset (RWA) perps reached $61.7 billion, equal to 99.2% of Bitcoin perpetual volume on Hyperliquid and…

U.S. sanctions Iran-linked bitcoin insurance scheme for Strait of Hormuz ships

At the time the platform’s website showed only a landing page, and CoinDesk could not verify whether it was operational or whether any cargo owners had used it. Fars claimed at the time the model could generate more than $10 billion without explaining how it arrived at that figure. The policies were approved by the…

BIS Project Agorá settles $1 million in tokenized cross-border payment trials

Twenty-eight financial institutions and central banks completed real-value settlements across six currencies using tokenized central bank reserves and commercial bank deposits. Source link

Telegram CEO Says Russia Labeled Him a Terrorist

Telegram founder Pavel Durov said Russian authorities designated him a “terrorist” after he refused government demands for mass surveillance and censorship on the messaging platform, responding publicly a day after Russia announced charges against him. In a Telegram post on Thursday, Durov also said Russia had barred him from “publishing information on the Internet,” adding…