Blockchain.com wins Cayman custody license after MiCA and FCA approvals

Blockchain.com secured a VASP custody license from the Cayman Islands Monetary Authority, expanding its regulated crypto services in the region. Source link

Hyperliquid ETF demand cools as competition heats up: JPMorgan

Inflows into Hyperliquid (HYPE) exchange-traded funds (ETFs) have largely ground to a halt after surging in May and June, reflecting growing concerns over the protocol’s competitive outlook, according to Wall Street bank JPMorgan (JPM). The bank said Hyperliquid ETFs led non-bitcoin crypto funds in inflows relative to assets under management in May and June, though…

Zeus Wallet taken offline after cyberattack, says no customer funds at risk

The self-custodial Bitcoin Lightning Network wallet disabled infrastructure after an incident and founder Evan Kaloudis said no customer funds were lost and no Lightning vulnerability was found. Source link

Michigan House Rep Loses Primary after $2M Support from Crypto PAC

Michigan State Representative Donavan McKinney won a Democratic primary against incumbent House Representative Shri Thanedar in a race that raised accusations of payback by the cryptocurrency industry. McKinney won the primary for Michigan’s 13th Congressional District with 51.9% of the vote against Thanedar’s 48.1% as of Wednesday, the New York Times reported. The primary saw…

Bitcoin ETFs pull in $244M, 3-day inflow streak tops $626M

US-listed Bitcoin ETFs attracted $244.4 million on Wednesday, marking three consecutive inflow days for a combined $626 million. Source link

Clarity Act: Here’s what could happen with the crypto market structure legislation

In other words, no news on cloture on Wednesday night might just be no news. In one scenario, Majority Leader John Thune files cloture on Wednesday night, gets through all of the Senate’s other priorities by Friday, holds the first procedural vote on Friday night and then everyone goes back to their districts to meet…

Senator Warren Questions US AI Chip Policy After Trump Crypto Investment: Report

Cointelegraph is committed to providing independent, high-quality journalism across the crypto, blockchain, AI, and fintech industries. All news, reviews, and analyses are produced with full journalistic independence and integrity. For more details on our standards and processes, please read our Editorial Policy. Source link

Forgd Market-Maker Leaderboard Integrates With DefiLlama

Crypto analytics platform DefiLlama has integrated Forgd’s market-maker leaderboard, giving users access to data on spreads, market depth, trading volume and uptime.  In an announcement sent to Cointelegraph, Forgd said that the dashboard ranks crypto market makers using standardized measures of pricing, depth, reliability and execution quality. The data comes from more than 500 token…

Bitcoin Whales Signal Possible Bear Market Bottom

Large cryptocurrency holders are accumulating Bitcoin (BTC) and Ether (ETH) as valuations approach levels associated with the final stage of a bear market, according to CryptoQuant. Rising whale balances during price weakness can reduce available supply and concentrate ownership among larger holders, the blockchain analytics company said in its latest Smart Money report seen by…

Senator Lummis Still Pushing for CLARITY Vote Before August Recess

The window for the US Congress to pass a comprehensive market structure bill on cryptocurrencies is closing, with the Senate set to go on recess in a matter of days, and lawmakers still have not announced clear plans to vote on the legislation. In a Wednesday X post, Senator Cynthia Lummis said she anticipated that…