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Dubai and UAE move to align crypto frameworks under new partnership

A VARA spokesperson told Cointelegraph that while mutual license recognition is a feature, it does not mean automatic passporting to different emirates.

Published on: August 07, 2025 | Source: Cointelegraph favicon Cointelegraph

How NEAR Protocol and Infinex are Redefining the DeFi User Experience

Crypto founders Illia Polosukhin and Kain Warwick explain how they’re working together to reduce fragmentation and improve DeFi user journeys.

Published on: August 07, 2025 | Source: Decrypt favicon Decrypt

Universal Adds β€˜No AI Training’ Warnings to Films as Midjourney Claims β€˜Fair Use’

The studio has begun adding legal warnings to the credits of films including "Jurassic World Rebirth" against training generative AI works on its IP.

Published on: August 07, 2025 | Source: Decrypt favicon Decrypt

Weaponized Trading Bots Drain $1M From Crypto Users via AI-Generated YouTube Scam

Scammers appeared to be using AI-generated avatars and voices to reduce production costs and scale up video content.

Published on: August 07, 2025 | Source: CoinDesk favicon CoinDesk

With South Korea's CBDC Plans Dead, KakaoBank Joins Stablecoin Gold Rush

The online lender joins a growing wave of Korean fintechs eyeing stablecoin issuance after the government scrapped its CBDC pilot in favor of private-sector alternatives.

Published on: August 07, 2025 | Source: CoinDesk favicon CoinDesk

Marex Becomes 'First' Clearing Firm to Use JPMorgan’s Kinexys Blockchain For Settlements

JPMorgan’s permissioned platform will help reduce settlement risk, time, and cost by enabling 24/7 programmable payments

Published on: August 07, 2025 | Source: Decrypt favicon Decrypt

Bitcoin Steadies as Short-Term Holder Profit-Taking Slows

Bitcoin’s short-term profit-taking declines, but investors remain cautious as directional bias remains uncertain amid ongoing risks.

Published on: August 07, 2025 | Source: Decrypt favicon Decrypt

XRP Pushes Through $3 as Ripple-SEC Appeal Decision Looms

The move broke through multiple short-term resistance levels and coincided with high-volume buying activity, particularly on Korean exchanges.

Published on: August 07, 2025 | Source: CoinDesk favicon CoinDesk

Lawmakers Call for Inquiry Into China's DeepSeek Over National Security, Data Risks

Seven Republican senators are urging the Commerce Department to investigate whether open-source models like DeepSeek’s R1 pose risks.

Published on: August 07, 2025 | Source: Decrypt favicon Decrypt

Apple Seeks Pivot on AI as It Pours Additional $100B Into US

Apple pledged an extra $100 billion to U.S. manufacturing as Trump threatens tariffs on foreign-made chips.

Published on: August 07, 2025 | Source: Decrypt favicon Decrypt

Trollface Creator Says Crypto β€˜Diminishes’ Art, Rules Out Legal Action on $200M Meme Coin

Carlos Ramirez, aka Whynne, told Decrypt that he doesn’t want to be involved and won’t press legal action against the surging Troll meme coin.

Published on: August 06, 2025 | Source: Decrypt favicon Decrypt

OpenAI's 'Jailbreak-Proof' New Models? Hacked on Day One

Hours after releasing its first open-weight models in years with claims of robust safety measures, OpenAI's GPT-OSS has been cracked by notorious AI jailbreaker Pliny the Liberator

Published on: August 06, 2025 | Source: Decrypt favicon Decrypt

Galaxy’s Alex Thorn calls Ethereum L2s β€˜ETH extractive’ amid fee retention concerns

Galaxy head of research Alex Thorn criticized the business model of many Ethereum (ETH) layer-2 (L2) blockchains as β€œETH extractive.” In an Aug. 6 social media post, Thornargued that L2 networks retain most of the fee revenue while contributing relatively little back to the Ethereum L1. Thorn added that most L2s are controlled by single […] The post Galaxy’s Alex Thorn calls Ethereum L2s β€˜ETH extractive’ amid fee...

Published on: August 06, 2025 | Source: CryptoSlate favicon CryptoSlate

Bitcoin Asset Manager Parataxis to Go Public in $400M SPAC Deal Backed by SilverBox

The newly public firm will pursue bitcoin-focused treasury strategies in the U.S. and South Korea.

Published on: August 06, 2025 | Source: CoinDesk favicon CoinDesk

US DOJ could still pursue money laundering, sanctions charges against Roman Storm

Roman Storm's trial verdict leaves the door open for US prosecutors to retry the Tornado Cash developer, attorneys said.

Published on: August 06, 2025 | Source: Cointelegraph favicon Cointelegraph

Polkadot's DOT Gains as Much as 4% with Bullish Momentum Surge

Bifrost had secured over 81% of DOT’s liquid staking token (LST) market, boasting more than $90 million in total value locked.

Published on: August 06, 2025 | Source: CoinDesk favicon CoinDesk

Nomura’s Laser Digital secures regulatory greenlight to launch OTC desk for crypto options in UAE

Laser Digital, a digital asset subsidiary of Japanese banking giant Nomura, has secured the first limited license to offer over-the-counter crypto derivatives under the Virtual Asset Regulatory Authority’s (VARA) Pilot Regime, the company announced Wednesday. Laser Digital is the first firm authorized to provide institutional-grade crypto options directly to clients under the VARA framework, marking […] The post Nomura...

Published on: August 06, 2025 | Source: CryptoSlate favicon CryptoSlate

Bitcoin Regains Perch Above $115,000 as Crypto Markets Rebound

An analyst called the crypto market's recent dips "an opportunity" for investors.

Published on: August 06, 2025 | Source: Decrypt favicon Decrypt

Pump’s PUMP Is Pumping Againβ€”Can the Solana Token Keep It Up?

Degens are rallying behind Pump.fun’s PUMP token, up a whopping 30% in the last week. Here's why the Solana token is taking off, and what the charts say happens next.

Published on: August 06, 2025 | Source: Decrypt favicon Decrypt

Ethereum Treasuries a Better Investment Than ETH ETFs: Standard Chartered

ETH treasury companies have been snapping up the second biggest digital coin by market value.

Published on: August 06, 2025 | Source: Decrypt favicon Decrypt

Bitcoin settles into $110k–$116k β€˜air gap’ as market awaits fresh demand

Bitcoin (BTC) is consolidating in a thin-liquidity β€œair gap” between $110,000 and $116,000 as the market waits for new demand to establish a firm base. According to an Aug. 6 report by Glassnode, BTC’s price pulled back to $113,000 after setting a new all-time high above $123,000 in mid-July. This price movement left many recent […] The post Bitcoin settles into $110k–$116k β€˜air gap’ as market awaits fresh demand...

Published on: August 06, 2025 | Source: CryptoSlate favicon CryptoSlate

Dollar weakness boosts Bitcoin hopes, but macro risks could delay $120K

Bitcoin benefits from a weaker dollar, but credit market signals warn of possible investor caution that could prevent the bulls from making a run at $120,000.

Published on: August 06, 2025 | Source: Cointelegraph favicon Cointelegraph

Nomura's Laser Digital to launch first regulated OTC desk for crypto options in Dubai

Nomura’s crypto arm gains regulatory green light in Dubai to offer institutional OTC crypto options, expanding the UAE’s footprint in global digital derivatives.

Published on: August 06, 2025 | Source: Cointelegraph favicon Cointelegraph

Ripple Cannot Control XRP Ledger: CTO David Schwartz

Most validators on XRP Ledger are not affiliated with Ripple, he said.

Published on: August 06, 2025 | Source: Decrypt favicon Decrypt

Elon Musk’s xAI Tool Made Nude Deepfakes of Taylor Swift, Bypassing Its Own Rules

Grok Imagine let users generate explicit celebrity videos despite policy bans, sparking fresh deepfake concerns.

Published on: August 06, 2025 | Source: Decrypt favicon Decrypt

Bakkt spins yarn into Bitcoin with 30% stake in Japan’s Marusho Hotta

The deal marks Bakkt’s latest pivot toward becoming a crypto treasury company, with a 30% stake in Tokyo-listed Marusho Hotta and plans to rebrand it as bitcoin.jp.

Published on: August 06, 2025 | Source: Cointelegraph favicon Cointelegraph

Babylon Introduces Trustless Bitcoin Vaults for BTC Staking Protocol

The trustless bitcoin vaults harness BitVM3, the latest evolution of BitVM, a framework for enabling smart contracts on the Bitcoin blockchain.

Published on: August 06, 2025 | Source: CoinDesk favicon CoinDesk

US government announces ChatGPT integration across agencies

The deal was announced in response to the White House’s recent policy strategy to make the United States the AI capital of the world.

Published on: August 06, 2025 | Source: Cointelegraph favicon Cointelegraph

Jury convicts Roman Storm on unlicensed money transmission; hung on laundering, not guilty on sanctions

A Manhattan federal jury found Tornado Cash developer Roman Storm guilty of conspiring to operate an unlicensed money transmitting business. As Inner City Press reported on August 6, the jury returned a mixed verdict by finding Storm not guilty of sanctions evasion under IEEPA, and unable to reach a unanimous verdict on money laundering conspiracy. […] The post Jury convicts Roman Storm on unlicensed money...

Published on: August 06, 2025 | Source: CryptoSlate favicon CryptoSlate

The Protocol: Solana’s Seeker Mobile Begins to Ship

Also: Base Block Production Failure Due to Sequencer, Jito Proposes Rerouting Block Engine Fees and Cardano Core Devs Get $70M Budget.

Published on: August 06, 2025 | Source: CoinDesk favicon CoinDesk

Ethereum Treasury Stocks 'Better Buy' Than ETH ETFs, Standard Chartered Says

The banks says ETH treasuries and ETH ETF holders each bought 1.6% of supply since June, with more upside ahead.

Published on: August 06, 2025 | Source: CoinDesk favicon CoinDesk

Jury Finds Tornado Cash Developer Roman Storm Guilty of Money Transmitting Charge

The panel could not reach a verdict on money laundering or sanctions evasion charges.

Published on: August 06, 2025 | Source: Decrypt favicon Decrypt

Roman Storm Guilty of Unlicensed Money Transmitting Conspiracy in Partial Verdict

After two Allen charges and four days of deliberation, a New York jury could not reach a unanimous agreement on the conspiracy to commit money laundering charge or the sanctions evasion charge.

Published on: August 06, 2025 | Source: CoinDesk favicon CoinDesk

Tornado Cash co-founder found guilty on 1 of 3 charges after jury deadlock

With a sentencing hearing scheduled in a matter of weeks, Roman Storm is potentially looking at five years in jail for running an unlicensed money transmitting service.

Published on: August 06, 2025 | Source: Cointelegraph favicon Cointelegraph

Delhi High Court Orders WazirX Operator to Disclose Binance Agreement, Restructuring Plan

WazirX creditors say the order affirms user rights and raises hope for stronger regulatory oversight after the exchange’s $235 million hack.

Published on: August 06, 2025 | Source: Decrypt favicon Decrypt