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Asia dominates Crypto Adoption Index, Bitget’s $351M hack: Asia Express
The APAC region accounts for half of the Global Crypto Adoption Index. Bitget suffers massive $351M loss and OpenAI forgets to mention its agents hacked the Australian Government.
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Fed proposes new capital, redemption rules for stablecoin issuers
The Fed’s proposal would set capital requirements, a two-day redemption window and new reserve disclosures as regulators implement the GENIUS Act.
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Bitget confirms $351M security breach, suspends withdrawals
Bitget said unauthorized transfers affected a limited number of hot wallets, while cold wallets and most platform assets remained unaffected.
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CFTC updates guidance on tokenized assets, blockchain records after failed vote
Although the CFTC chair did not say the failed vote on the CLARITY Act was behind new rules for authorized crypto entities, he said the move was “to provide regulatory clarity.“
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Bitcoin price steadies, ONDO rallies as US Treasury yields hit 2007 highs
US Treasury yields hit a 19-year high on Thursday, pressuring risk assets as Bitcoin held near $84,000 and ONDO became top performer among altcoins.
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DoubleZero brings dedicated fiber market data to Hyperliquid traders
DoubleZero launched a dedicated fiber market data feed for Hyperliquid, giving professional trading firms faster access to its full order book.
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Crypto treasury model loses its edge as stock premiums fade: DWF
Most DATs now trade below the value of their crypto holdings, weakening a financing model that once helped companies expand their balance sheets.
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Sequans exits Bitcoin treasury strategy after selling remaining 314 BTC
The France-based semiconductor company has fully unwound a Bitcoin treasury that once held more than 3,200 BTC as more firms scale back crypto holdings.
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SoFi tie-up shows stablecoins can provide alternative blockchain settlement rail
SoFi dives deeper into payments as it moves its entire card program to blockchain-based settlement using its SoFiUSD stablecoin, with more than $25 billion in expected annualized volume.
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New York sues Polymarket over alleged illegal gambling business
The action filed by state lawmakers followed a similar lawsuit against prediction markets company Kalshi in July that alleged the platform was running an illegal gambling operation.
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IBM opens beta Swift ledger link for 24/7 tokenized deposits
IBM’s beta link lets banks instruct tokenized deposit transfers on Swift’s ledger using existing payment messages and compliance processes.
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Solana Foundation hires ex-Binance CMO and payments exec as new partnerships expand
Rachel Conlan will oversee institutional partnerships and ecosystem growth, while Jamal Raees will focus on stablecoins and tokenized deposits, following a wave of new partnerships.
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HIFI raises $37M to expand stablecoin payments, tokenized markets
HIFI CEO Zach Walsh told Cointelegraph the $37 million Series A is the company’s first priced funding round, though HIFI did not disclose its valuation.
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Era of pure crypto exchanges is ending, Bybit CEO says
Bybit’s global campaign positions it as a broader financial platform, though its stock, gold and forex derivatives were already available.
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EU banking watchdog calls for crypto lending rules under MiCA
The EBA outlined potential rules for crypto lending and firms providing access to DeFi protocols as part of the European Commission’s MiCA review.
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Bitcoin falls below $84K as 10-year Treasury yield hits 19-year high
Bitcoin traded near $83,200 as Fed hike odds reached about 75% and Treasury prepared a $6 billion buyback of long-dated bonds.
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Bitcoin ETFs add $347M as BTC falls below $84K after topping $87K
US spot Bitcoin ETF inflows slowed to $347 million on Wednesday as Bitcoin fell below $84,000, while five-day inflows reached $2.65 billion.
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Institutions held crypto through 50% drawdown, Bitwise finds
Every institution interviewed that owned crypto held Bitcoin, usually as its largest asset; some set exit conditions for Ether and Solana.
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Australia says OpenAI agent hacked government site before Altman warning
OpenAI notified Australia nearly three months after its agent breached a government portal while gathering public medicine-spending data.
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Bitcoin’s ‘last resort’ quantum-safe solution just got 79% cheaper: StarkWare
A weeklong optimization challenge cut the estimated GPU cost of preparing an experimental quantum-resistant Bitcoin transaction to under $67, potentially making the “last-resort measure” a little easier on the wallet.
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US weighs overseas push for dollar-backed stablecoins: Bloomberg
The reported initiative could involve private-sector companies and several US agencies as Washington looks to expand the international use of dollar-backed stablecoins.
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Kalshi says CFTC hasn’t contacted it over ‘unusual’ $5B trading activity
Kalshi said nearly $5 billion in similarly sized Ether perpetual trades reflected its liquidity incentive programs and rejected allegations that the activity was wash trading.
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Ex-SEC acting chair: Agency dropped crypto cases to avoid issues with credibility
SEC Commissioner Mark Uyeda said that the agency dropped many cases against crypto companies in early 2025 to avoid potential credibility problems in court.
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Former Hack VC partner Hsin-Ju Chuang found dead at 37
The crypto executive and Dystopia Labs founder previously held senior roles at Stellar and Solana before joining venture capital firm Hack VC.
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US lawmakers from gaming states urge SCOTUS to take up Kalshi case
The case between New Jersey authorities and a prediction market company, if accepted by the Supreme Court, could result in clarity for state and federal officials over sports bets.
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Trump reveals up to $100K Strategy stock purchase in ethics filing
President Donald Trump disclosed a July purchase of Strategy shares as his administration continues to advance crypto policy through federal regulators and Congress.
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US stablecoin adoption could surge with bank-like protections: Visa survey
The survey released by Visa posited that bank-like protections for stablecoins could increase adoption in the US as companies are preparing for the enactment of the GENIUS Act.
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Bitwise launches first Lighter ETP amid Hyperliquid rivalry
The product gives European investors brokerage access to the LIT token as Bitwise expands its lineup of products tied to decentralized derivatives platforms.
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NYSE, Blockchain.com in tie-up to bring tokenized US stocks to crypto users
Blockchain.com users could gain access to tokenized US stocks and ETFs through NYSE’s planned digital trading platform under a new partnership, as bourses rush to deliver new trading.
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Bitcoin long liquidations hit $280M as BTC price dips under $84K
Bitcoin long liquidations mounted as BTC/USD briefly traded below $84,000, while analysis flagged key support to hold.