Update (July 30, 11:25 pm UTC): This article has been updated to include a statement from the White House.Senate Minority Leader Chuck Schumer introduced legislation to create a new US government agency focused entirely on addressing corruption at the federal…

Crypto exchange Coinbase reported mixed second-quarter results on Thursday, missing Wall Street expectations on profitability as weaker trading activity weighed on results despite the company capturing a record share of the crypto market.In the second quarter, Coinbase generated roughly $1.2…

The 2026 FIFA World Cup drove $20 billion in blockchain-based prediction market volume and $24 million in digital collectible trades, with more than 400,000 wallets participating in blockchain-based betting, according to a report from blockchain analytics firm Chainalysis.The $20 billion…

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,…

Telegram, the messaging platform used by more than 1 billion people worldwide, is facing a major legal challenge in Australia over claims that it failed to stop the spread of terrorism-linked material.Australia’s online safety regulator, the eSafety Commissioner, launched civil…

Demand for tokenized gold has surged this year as physical bullion climbed to record highs, but very little of the asset is being put to work in decentralized finance, highlighting a major adoption gap, according to a new report by…

Canadians’ ownership of cryptocurrencies increased to 25% in 2026 from 10% in 2023, new data from the Ontario Securities Commission (OSC) shows. In the results of a survey released on Tuesday, the OSC found that crypto ownership and awareness among…

Bitcoin (BTC) shook off volatility on Thursday as US stocks rebounded on the back of inflation-data relief.Key points:Bitcoin avoids a snap reaction to US personal consumption expenditures (PCE) inflation data, which reverses a local uptrend.Analysis remains wary of inflationary tendencies…

Situational Awareness, a hedge fund founded in 2024 by ex-OpenAI researcher Leopold Aschenbrenner, has approached investors and lenders for fresh capital after suffering heavy losses in the recent artificial intelligence stock sell-off, the Financial Times reported Thursday.The fund, which the…

Cryptocurrency trading volumes spiked in South Korea as its stock market fell by nearly 18% this week. Key points:South Korean exchanges see a 600% uptick in crypto trading volume around the snap declines in the KOSPI.Investors may be seeking to capitalize…

Samsung SDS, the IT services arm of Samsung Group, is exploring stablecoin infrastructure, digital asset systems and AI-based payment models with Dunamu, the operator of Upbit, one of the biggest local cryptocurrency exchanges.Samsung SDS said it is discussing potential cooperation…

Update (July 25, 4:39 pm UTC): This article has been updated to include a response from Wise.Payments company Wise will to change its strategy for applying for a charter license with the US Office of the Comptroller of the Currency…

Layer-1 blockchain Dango will wind down operations by halting trading on its perpetual decentralized exchange (DEX) on Wednesday and shutting down its network on Aug. 13.“Despite our best effort, various reasons have led us to conclude there is no viable…

US-listed spot Ethereum exchange-traded funds (ETFs) logged $70.62 million in net outflows on Friday, ending a five-day inflow streak.Ethereum funds saw $211.25 million in net inflows over the previous five sessions from July 17 to Thursday, according to SoSoValue data.…

The European Union will prohibit Belarusian nationals and residents from owning, controlling or managing crypto exchanges and other crypto service providers regulated under the Markets in Crypto-Assets (MiCA) framework starting Aug. 25. The measure appears in Council Decision (CFSP) 2026/1847, adopted…