Bitcoin.com News — page 38

Coverage, page 38

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Citi Brings Bitcoin Into Custody+ as Markets Move Toward 24/7

Bitcoin custody will join Citi’s broader institutional platform later this year, combining crypto and traditional asset services. The expansion connects digital assets with infrastructure built for continuous markets and faster settlement. Bitcoin Custody Joins Citi’s Institutional Platform Bitcoin custody will become part of Custody+ later this year, Citigroup Inc. (NYSE: C) announced Aug. 18, as […]

Bitcoin.com News•Kevin Helms18 Aug

Trump’s WLFI Faces Scrutiny Over Pentagon-Flagged AI Ties

World Liberty Financial (WLFI), the crypto venture backed by President Donald Trump’s family, is facing fresh scrutiny after nearly half the artificial intelligence (AI) models on its partner platform, Worldclaw, were found to come from Chinese companies the U.S. Department of Defense flagged as military-aligned. What Worldclaw Offers Worldclaw is a Hong Kong-based AI marketplace […]

Bitcoin.com News•Shiraz Jagati18 Aug

Saylor: Strategy Investors Should Hold MSTR for 7 to 10 Years

Strategy Executive Chairman Michael Saylor told shareholders to plan for a minimum four-year holding period in MSTR stock, with seven to 10 years the preferred window, as the bitcoin treasury company sits on a $4.8 billion cash reserve. A Four-Year Floor, Not a Ceiling Speaking to investors this week, Saylor set explicit expectations for how […]

Bitcoin.com News•Shiraz Jagati18 Aug

Dutch Prosecutors Raise $2.55M From Crypto Tied to Bankrupt Knaken

A court-appointed trustee warns that the 6,300 customers of the bankrupt Dutch crypto platform Knaken face severe financial losses, as prosecutors have recovered only $2.55 million after selling seized cryptocurrency. Discrepancy Between Deposits and Assets Dutch prosecutors have liquidated all remaining cryptocurrency assets held by bankrupt trading platform Knaken, raising $2.55 million to pay […]

Bitcoin.com News•Terence Zimwara18 Aug

Whitechain Relaunches as W Group’s Distribution-First Ethereum Layer 2

Whitechain blockchain platform is relaunching as an distribution-first Ethereum Layer 2 designed to address one of the biggest challenges facing Web3 projects: reaching and acquiring users. Whitechain is part of W Group, a global fintech ecosystem reaching more than 40 million users worldwide, alongside WhiteBIT, a cryptocurrency exchange with more than 10 million users. By […]

Bitcoin.com News•Media18 Aug

Sui’s Hashi Bridge Tops 1.1 Million Bitcoin Deposits in 3 Weeks

Sui’s Hashi bitcoin lending protocol has processed more than 1.1 million deposits and 165,000 withdrawals in the three weeks since its July 22 testnet launch, per onchain data. Deposit Volume Climbs in Testnet’s First Weeks Onchain analysts have reported that activity on Sui’s Hashi testnet has been brisk since the testnet went live on July […]

Bitcoin.com News•Shiraz Jagati18 Aug

Ethics Probe Resumes After Pro-Crypto Farage Wins By-Election

Nigel Farage’s Clacton byelection win immediately restarted a paused ethics probe into his undeclared financial gift from a Thailand-based crypto billionaire. Election Victory and Renewed Scrutiny Nigel Farage, the pro-crypto leader of Reform UK, secured a resounding victory in the Aug. 13 snap by-election in Clacton, but his return to Parliament immediately triggered the […]

Bitcoin.com News•Terence Zimwara18 Aug

Tether Pushes Into Artificial Intelligence as User Base Tops 650M

Tether is expanding into artificial intelligence as it looks to build on a global user base of more than 650 million. CEO Paolo Ardoino says the company increasingly sees itself as a digital dollar and infrastructure business rather than a conventional crypto firm. Tether Expands Beyond Crypto as USDT Supply Holds Near $183B Tether is […]

Bitcoin.com News•Emmanuel Musa18 Aug

New UK PM Moves to Scrap the Gambling Duty He Lobbied Against

Prime Minister Andy Burnham says his government intends to revoke the Gambling Act’s “aim to permit” duty, the statutory presumption that has shaped premises licensing since 2005. He signed a council coalition letter demanding this exact action as the mayor of Greater Manchester. The British Parliament legislated a narrower fix in April that has never […]

Bitcoin.com News•Luci Kelemen18 Aug

A Mystery Winner Claimed $24 Million Just Two Days Before the Deadline. Officials Think They Waited on Purpose

A $24 million New York Lotto ticket bought on May 25, 2016, at Renu Corp Grocery and Tobacco in Tribeca sat unclaimed for nearly a year until the winner showed up on May 23, 2017, just two days before the May 25 deadline. The winner said news coverage of the expiring prize prompted them to […]

Bitcoin.com News•Guest Author18 Aug

EU Empowers Regulators to Block Third-Country Crypto Platforms

The 21st package of European Union sanctions against Russia, passed on July 23, apart from tightening the screws on the Russian ruble stablecoin network and the institutions enabling it, also introduces the possibility of banning crypto transactions with countries aiding Russia in evading imposed restrictions. 21st EU Sanctions Package Against Russia Expands Scope Of Crypto […]

Bitcoin.com News•Sergio Goschenko18 Aug

Harmony Protocol to Roll Back Network After Massive Exploit

Following a security breach on Aug. 12 where an attacker exploited verification vulnerabilities to illicitly mint 2.385 trillion tokens, Harmony Protocol is executing a full network rollback to Aug. 11. Token Inflation Developers behind the Harmony blockchain protocol announced Aug. 17 that they will execute a full network rollback to Aug. 11 following a security […]

Bitcoin.com News•Terence Zimwara18 Aug

Binance Shared Customer Data With Russia After Leaving Market

Binance provided Russian law enforcement with customer identification documents and transaction records connected to donations supporting Ukrainian military causes. The disclosures helped authorities build a terrorism case against a Russian information technology specialist. Binance Data Supports Terrorism Case Russia’s Investigative Committee used account data provided by Binance to build a terrorism case against 49-year-old information […]

Bitcoin.com News•Kevin Helms18 Aug

China’s 5,500 Robot Shipments Put US AI Hardware Rivals on Notice

Unitree’s 5,500-plus humanoid robot deliveries highlight China’s scale in humanoid robot manufacturing. Devere Group CEO Nigel Green says those exports offer investors an alternative to heavily financed U.S. artificial intelligence infrastructure. Unitree’s Shipments Strengthen China’s Physical AI Position China’s expanding robot production could give investors exposure to physical artificial intelligence demand outside the U.S. technology […]

Bitcoin.com News•Kevin Helms18 Aug

Bitcoin Supply Squeeze Unwinds as 28,000 BTC Return to Exchanges

Bitcoin exchange balances have recovered 84% of a six-week decline, weakening claims that ETF demand is creating an immediate shortage. Santiment data shows the reversal unfolded in less than three weeks. Bitcoin Exchange Supply Reverses Bitcoin’s exchange supply reached its highest level since June 15, Santiment Intelligence shared on Aug. 17, challenging claims that spot […]

Bitcoin.com News•Kevin Helms18 Aug

Binance Pay Expands Crypto Payments to 3,700 Bhutan Merchants

Binance Pay has connected with DK Bank’s domestic QR network, enabling cryptocurrency payments at more than 3,700 merchants across Bhutan. Travelers scan existing merchant codes while transactions settle in USDT through automatic foreign exchange conversion. Existing QR Network Extends Crypto Acceptance Travelers and local customers can now use Binance Pay at more than 3,700 businesses […]

Bitcoin.com News•Kevin Helms17 Aug

Bank of Russia Limits Crypto Equity to 25% for Market Brokers

The new rules, which target professional market participants, dictate that cryptocurrencies approved for trading must be included in the calculation of financial resilience ratios. The institution established that these might account for only 25% of the total value, limiting the risks associated with holding crypto assets. Bank of Russia Limits Cryptocurrency Holdings to 25% for […]

Bitcoin.com News•Sergio Goschenko17 Aug

HIVE Digital Lands $350M AI Deal With 5-Year Cloud Contract

HIVE Digital Technologies’ BUZZ HPC unit has signed a five-year AI cloud services contract worth about $350 million. The agreement will add roughly $70 million in annualized revenue and accelerate HIVE’s shift toward large-scale GPU infrastructure. BUZZ Deploys 2,016 Nvidia GPUs Under HIVE’s $350M AI Contract HIVE Digital Technologies is deepening its push into artificial […]

Bitcoin.com News•Emmanuel Musa17 Aug

Deribit Secures Dubai Broker-Dealer License via Coinbase

Deribit, the derivatives exchange Coinbase acquired for $2.9 billion, secured a Broker-Dealer Licence from Dubai’s Virtual Assets Regulatory Authority (VARA) last week, routing its spot orders directly into Coinbase’s liquidity. What the New License Changes Deribit’s Broker-Dealer Licence from Dubai’s Virtual Assets Regulatory Authority (VARA) means the exchange’s spot buy, sell, and trade orders now […]

Bitcoin.com News•Shiraz Jagati17 Aug

BTC Reclaims $64K as Short Sellers Lose $57.4M in Liquidations

Bitcoin rebounded from an intraday low of $62,653 to cross $64,000, securing a nearly 2% daily gain and pushing its market cap past $1.29 trillion. Rapid Intraday Recovery Drives Liquidations On Monday, bitcoin reclaimed the $64,000 threshold just hours after the cryptocurrency fell below $63,000 and appeared on course to match its Aug. 14 lows. […]

Bitcoin.com News•Terence Zimwara17 Aug