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Chainlink launches on-chain strategic LINK reserve to boost long-term network saustainability

Chainlink has introduced the Chainlink Reserve, a new onchain treasury designed to accumulate its native token LINK using revenue from both enterprise clients and blockchain services. The initiative aims to support the long-term sustainability of the Chainlink Network by converting off-chain and on-chain payments into LINK through its recently expanded Payment Abstraction infrastructure. In its […] The post Chainlink...

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

Donald Trump Signs Order Letting Crypto Into 401(k) Retirement Plans

The order directs the Department of Labor to reevaluate how crypto should be treated by retirement fund managers.

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

NFTs stage comeback with $530M in July trades, flipping DeFi user activity

The NFT market saw a remarkable resurgence in July, outpacing DeFi in terms of user activity, according to an Aug. 7 DappRadar report. The shift marks a significant milestone and could indicate that NFTs are once again capturing the public’s attention following significant lull that has lasted since their fall in the 2022 bear market. […] The post NFTs stage comeback with $530M in July trades, flipping DeFi user...

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

Bitcoin Whale Moves $349 Million in BTC After 10-Year Slumber

The investor moved 3,000 BTC. Bitcoin's price has fallen in recent weeks from an all-time high.

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

The GPT-5 Cheat Sheet: 13 Things to Know About OpenAI's Latest AI Leap

GPT-5 is here. OpenAI launched its most advanced language model Thursday. Here’s everything you need to know.

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

Bitcoin Surges Past $117K as Trump Taps Stephen Miran for Federal Reserve

An executive order paving the way for crypto to be included in 401(k) plans is also helping boost prices on Thursday.

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

Myriad Moves: Bitcoin Price Targets, Sharplink Ethereum Holdings and Vitalik’s Mentions

Top markets on Myriad this week include predictions on the price of Bitcoin and markets with connection to the Ethereum founders.

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

Trump picks top economic adviser to temporarily fill crucial US Fed seat

Federal Reserve Board of Governors member Adriana Kugler announced her resignation on Aug. 1, paving the way for a Trump nominee at the US central bank.

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

UK-based Union Jack Oil turns to Bitcoin mining amid rising network difficulty

Union Jack Oil (UJO), a UK-listed oil and gas firm, is exploring a new path to monetize its gas resources by turning to Bitcoin mining, per an Aug. 7 statement. According to the firm, the move is focused on harnessing the natural gas from its West Newton site in East Yorkshire to generate electricity for […] The post UK-based Union Jack Oil turns to Bitcoin mining amid rising network difficulty appeared first on...

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

Trump 401K Order Could Send β€˜Billions’ Into Bitcoin, Ethereum: Analysts

A new executive order would allow Americans to add crypto to their 401(k) accounts.

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

Bitcoin Miner Core Scientific’s Third Largest Shareholder Opposes CoreWeave Deal

Two Seas Capital has come out against Core Scientific's proposed all-stock acquisition by AI cloud provider CoreWeave.

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

SharpLink raises another $200M to push Ethereum holdings beyond $2B

SharpLink Gaming has raised $200 million from institutional investors in a direct stock offering to further fuel its Ethereum (ETH) buying spree and take its holdings beyond $2 billion. The funding round, expected to close Aug. 8, was priced at $19.50 per share and led by A.G.P./Alliance Global Partners. Societe Generale acted as co-placement agent, […] The post SharpLink raises another $200M to push Ethereum holdings...

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

UK's Union Jack Oil to turn stranded gas into Bitcoin

Union Jack Oil’s new Bitcoin mining plan could turn stalled gas wells into early cash flow, potentially paving the way for one of the UK’s first corporate Bitcoin treasuries.

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

New York fines Paxos $48.5M over Binance-linked compliance lapses

The New York Department of Financial Services (NYDFS) has imposed a $48.5 million penalty on Paxos as part of its enforcement action against the stablecoin issuer, according to an Aug. 7 announcement. The settlement includes a $26.5 million civil monetary fine and mandates Paxos to spend an additional $22 million over three years to strengthen […] The post New York fines Paxos $48.5M over Binance-linked compliance...

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

Trump to sign executive order punishing financial institutions for 'debanking': Report

Trump’s executive order comes as a group of bank associations are trying to block bank applications from four digital asset firms.

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

After Months of Speculation, OpenAI Finally Launches GPT-5

OpenAI launched GPT‑5 today, its most powerful model to date, making it available for free to all users.

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

Fake Ethereum trading bots on YouTube help scammers steal over $900K

Cybersecurity firm SentinelLABS has uncovered a sophisticated scam campaign that has siphoned over $900,000 from unsuspecting crypto users. According to the report, the attackers use malicious Ethereum-based smart contracts disguised as trading bots to target individuals who follow seemingly educational content on YouTube. The report added that these scams have been active since early 2024 […] The post Fake Ethereum...

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

Ethereum Treasury Sharplink to Raise $200 Million for More ETH Purchases

The ETH treasury firm is selling shares of its common stock for $19.50 per share to raise funds that will go toward adding to its nearly $2 billion Ethereum stockpile.

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

ATOM Surges 3% as Cosmos Ecosystem Gains Exchange Support

Coinbase adds dYdX native network integration while geopolitical tensions drive investors toward decentralized alternatives.

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

SharpLink Raises $200M in Direct Offering to Raise ETH Holdings to $2B

The Minneapolis-based firm's ether holdings sit at 521,939 ETH as of its latest purchases.

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

NEAR Protocol Posts 5% Recovery Amid Volatility Surge

NEAR Protocol surged 5% in a 24-hour rally before late-session volatility erased gains, as institutional flows met resistance amid shifting macroeconomic conditions.

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

What Are Coin Mixers and How Do They Work?

Coin mixers like Tornado Cash have faced sanctions for aiding money laundering, but advocates argue they have legitimate use cases.

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

Sam Altman's OpenAI Confirms GPT-5 Is About to Drop

A 7-second clip showing GPT-4o morphing into GPT-5 has the AI community losing its collective mind. Here’s what to expect.

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

Record compression in implied volatility sets up next big move for Bitcoin

Bitcoin’s ascent to its all-time high unfolded against a very unusual backdrop: steadily compressing volatility. While most markets tend to exhibit rising implied volatility as prices push higher, Bitcoin has done the opposite, especially in recent months. This behavior is perfectly captured by the Bitcoin Volatility Index (BVIV), a metric that tracks the implied volatility […] The post Record compression in implied...

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

ETH NEARS $4K, TRUMP TARIFFS BEGIN, REKT HITS ANOTHER ATH

ETH leads majors, Tom Lee calls for $16k price target. US set to allow crypto in 401k plans. ETH daily transactions near record. Sell Gold, Buy BTC: Lummis. Indonesia evaluates BTC reserve. Tornado dev found guilty of 1 out of 3 charges. US adds 21.6% tariff on BTC mining machines. Parataxis launches $640m BTC treasury strategy. Bakkt to setup Japanese BTC treasury company. Cosmos Health launches $300m ETH treasury....

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

India finds $72 million in hidden crypto income as tax compliance tightens

India’s tax authorities have uncovered nearly 630 crore rupees (approximately $72 million) in undisclosed income from crypto-related transactions, according to an Aug. 5 disclosure by Pankaj Chaudhary, the Minister of State for Finance. The minister, citing figures from the Central Board of Direct Taxes (CBDT), stated that the numbers reflect discrepancies in tax filings tied […] The post India finds $72 million in...

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

PEPE Jumps 5% as Rate-Cut Bets and Whale Accumulation Drive Risk Asset Rally

The recent price rally is likely tied to a broader market trend, with growing expectations of a Federal Reserve interest rate cut in September.

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

Stablecoin Provider Paxos to Pay $26.5M Fine to Settle Charges Related to Binance

Paxos worked with Binance to issue Binance USD, but didn't do sufficient due diligence, New York's top financial regulator said.

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

DOT Gains as Much as 4% in Strong Bullish Breakout

Polkadot rallied on triple the normal volume as institutional buyers drove momentum.

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

Data sharing is the next crypto compliance frontier

With crypto scams hitting $9.9 billion in 2024 and 90% of UK crypto apps failing AML checks, the industry needs data sharing to combat fraud.

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

Crypto for Advisors: The Hidden Mechanics Behind This Crypto Rally

ETFs, IPOs, and stablecoins are accelerating crypto’s flywheel effect. Learn how these forces fuel growth β€” and where the slowdown could start.

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

NYDFS Fines Stablecoin Issuer Paxos $26.5M for Compliance Failures Tied to Binance’s BUSD

In addition to the fine, Paxos agreed to invest another $22 million into beefing up its compliance program.

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

How to use Grok for real-time crypto trading signals

Grok scans posts and sentiment shifts on X to help crypto traders identify early signals, memes and macro-driven momentum plays.

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

Paxos settles with New York regulator for $48.5M over Binance partnership

The New York Department of Financial Services (NYDFS) said the fine was due to a lack of anti-money laundering oversight.

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

Ripple to buy stablecoin payments platform Rail for $200 million

Ripple has acquired Rail to offer stablecoin payment services, with plans to integrate RLUSD, banking partners and compliance tools across global markets.

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