North Korean Fake IT Workers Get Counter-Hacked

A small team of North Korean IT workers — linked to a $680,000 crypto hack in June — has been using Google products and even renting computers to infiltrate crypto projects, according to screenshots from one of the workers’ devices.  In an X post from ZachXBT on Wednesday, the crypto sleuth shared a rare look…

Autonomous AI Will Be Ethereum’s Biggest Power User

Autonomous agents — AI-powered programs that can think and transact without human input — could unlock a new world of e-commerce on Ethereum due to a largely forgotten HTTP web standard that has only recently started being leveraged on the blockchain. The dormant HTTP 402 “Payment Required” status — defined around 30 years ago —…

Korea’s ‘Onshore’ Won Policy Could Hinder Its Stablecoin Ambition

Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. South Korea’s decision to shelve its central bank digital currency pilot…

SOL Rally To $250 Needs More Than Margin Traders

Key takeaways: Solana’s onchain growth supports the current rally, but declining DEX market share signal cautious trader sentiment. SOL’s perpetual futures funding rate near neutral suggests limited bullish momentum. Solana’s native token, SOL (SOL), briefly touched $205 on Tuesday after an 18% rally in less than two days. The sharp move has fueled speculation on…

Bitcoin Sets New High On Back Of Latest CPI Inflation Data

Bitcoin (BTC) price hit a new all-time high above $123,231 on Wednesday on Coinbase, following a similar performance from the S&P 500 which rallied to a record high of 6,457. Bitcoin’s ascent to new highs comes one day after the July US CPI print showed inflation holding at 2.7% year-over-year, which was unchanged from June…

Crypto Lawyer Signals Challenge To NY AG With Lawfare Message

Khurram Dara, a former policy counsel at cryptocurrency exchange Coinbase, is considering a run for New York State Attorney General in 2026, aiming to replace Letitia James. In comments to Cointelegraph, Dara said he had not yet decided whether to run for the state’s law enforcement office, but hinted that digital assets could play a…

SOL Rally To $250 Needs More Than Margin Traders

Key takeaways: Solana’s onchain growth supports the current rally, but declining DEX market share signal cautious trader sentiment. SOL’s perpetual futures funding rate near neutral suggests limited bullish momentum. Solana’s native token, SOL (SOL), briefly touched $205 on Tuesday after an 18% rally in less than two days. The sharp move has fueled speculation on…

Is Zora Turning Ethereum L2 Base Into a Solana Killer?

Base is testing Solana’s dominance in token launches, with a recent burst of SocialFi activity pushing the Ethereum layer-2 network to the top of the industry’s leaderboard. In recent years, Solana has been the go-to chain for new tokens. Its low fees and high throughput are drawing traders away from Ethereum. It’s become a hub…

Ethereum Faces Stiff Competition on Path to $5K, Revenue Impacted

The Ethereum transaction count is rising amid Ether’s (ETH) push toward the $5,000 milestone. However, increased competition is eating into network revenue and user mindshare. Ethereum’s daily average transaction count is hovering near all-time highs, at over 1.7 million transactions recorded on Tuesday, according to Nansen. Ethereum’s daily transaction count hovering near all-time highs. Source:…

Bitcoin And ETH Chase New Highs While Altcoins Catch Up

Key points: Bitcoin bulls are chasing after BTC’s $123,218 all-time high as buying pressure surges. Ether has played catch-up to Bitcoin and is close to making a new all-time high. Bitcoin (BTC) rose above $122,000 on Wednesday, indicating that the bulls have kept up the pressure. The repeated retest of a resistance level tends to…