Bitgo Korea just cracked one of Asia’s toughest crypto markets, securing regulatory registration to provide cryptocurrency custody and transfer services to institutional clients in South Korea and planting a direct flag in one of the world’s busiest digital asset markets. The Korea Financial Intelligence Unit accepted Bitgo Korea’s Virtual Asset Service Provider, or VASP, registration […]
Bitcoin.com News•Jamie Redman21 Aug
ARK Invest’s Lorenzo Valente sees specialized RWA markets redistributing power across DeFi, which could give customer-facing applications greater control over liquidity and revenue. That evolution could reshape fee allocation without triggering a broad migration toward app-specific chains. Specialized RWA Venues Could Reshape Onchain Liquidity Real-world asset (RWA) growth is changing how trading venues compete for […]
Bitcoin.com News•Kevin Helms20 Aug
Commodity Futures Trading Commission (CFTC) Chairman Michael Selig has ordered agency staff to prepare a backup regulatory framework for cryptocurrency markets if Congress fails to advance the stalled Clarity Act. Speaking Thursday at the CFTC Innovation Advisory Committee’s inaugural meeting in Washington, Selig explained that legislation remains his preferred route but made clear the agency […]
Bitcoin.com News•Jamie Redman20 Aug
Decentralized finance (DeFi) markets roared back to life Thursday as total value locked (TVL) jumped 9.15% in 24 hours, decentralized exchange (DEX) volume punched through $10 billion, and Hyperliquid swallowed a massive chunk of derivatives trading. Defillama TVL data at about 10:30 a.m. EDT on Aug. 20 showed $83.216 billion parked across DeFi protocols, sharply […]
Bitcoin.com News•Jamie Redman20 Aug
U.S. spot bitcoin ETFs drew $517.19 million on Wednesday, their strongest daily inflow since May 4, as bitcoin climbed above $70,000. Ether funds also surged with $189.15 million in net inflows, while XRP and solana ETFs finished higher. Bitcoin ETFs Add $517M as Bitcoin Breaks Above $70,000 A price breakout quickly turned into an ETF […]
Bitcoin.com News•Emmanuel Musa20 Aug
Peter Schiff, a known bitcoin critic, argued that the bitcoin rally was fake, a result of investors rushing to position liquidity as the Treasury buybacks announcement caught markets by surprise. Paradoxically, he recommended investing in gold for the same reasons. Economist Peter Schiff Labels Bitcoin’s Surge over $72K as a Fakeout As bitcoin has once […]
Bitcoin.com News•Sergio Goschenko20 Aug
Bitcoin surged past $72,000 to a session high of $72,850, gaining approximately 14% over four days and raising its market capitalization to $1.45 trillion. Intraday Price Action and Breakout Bitcoin’s unrelenting surge showed no signs of abating Thursday afternoon as the top cryptocurrency capitalized on pro-crypto sentiment from a White House meeting. Market data shows […]
Bitcoin.com News•Terence Zimwara20 Aug
Treasury Secretary Scott Bessent told CNBC Thursday that U.S. debt buybacks could blow past $4 billion per operation as Washington moves to steady a rattled long-term Treasury market and bitcoin trades above $72,000. Bessent Cranks Up the Pressure on Long-Term Yields The comments followed the Treasury Department’s decision Wednesday to at least double the maximum […]
Bitcoin.com News•Jamie Redman20 Aug
Strategy has published updated explanations of MSTR and five preferred securities, showing how each divides bitcoin-linked corporate risk, dividend rights, and capital priority without granting investors direct ownership of the company’s bitcoin. Strategy Separates Equity From Preferred Income Strategy Inc. (Nasdaq: MSTR) announced Aug. 19 that it had published investor briefings covering its common stock […]
Bitcoin.com News•Kevin Helms20 Aug
With bitcoin ripping to a weekly high of $72,400, vintage coins are suddenly crawling out of cold storage at a relentless pace. Over the last 24 hours, 1,314.41 BTC moved from long-sleeping bitcoin wallets carrying a combined value of $94 million. Approximately 1,214.42 BTC ($86M) of that total movement, all stemmed from wallets first seen […]
Bitcoin.com News•Jamie Redman20 Aug
Inspira Labs, Yellow and Cicada opened applications for 10X Founders Demo Day v2.0, an Aug. 25 session where eight startups pitch live to active VCs, backed by a $150,000 pool. Key Takeaways 10X Founders Demo Day v2.0 – August 25, online. Applications close August 20. Eight selected founders pitch live: 5 minutes on stage, 2 […]
Bitcoin.com News•Media20 Aug
Hyperliquid’s HYPE token charged toward record territory after U.S. President Donald Trump revealed regulators are working on a legal pathway that could bring the crypto trading heavyweight into the American market. Trump Drops Hyperliquid Into Washington’s Spotlight Trump made the comments on Aug. 19 during a White House meeting with cryptocurrency, technology, and finance executives, […]
Bitcoin.com News•Jamie Redman20 Aug
Securitize has launched a tokenized fixed-income fund with Neuberger, extending institutional credit strategies onto public blockchains. The fund will invest mainly in high-yield bonds and will be available across Avalanche, Ethereum, Solana, and Sui. Securitize Launches High-Yield Bonds Across 4 Public Blockchains Securitize is pushing deeper into tokenized credit with a new fund that brings […]
Bitcoin.com News•Emmanuel Musa20 Aug
Driven by a U.S. Treasury announcement and bullish comments from President Donald Trump, bitcoin hit a session high of $71,992, pushing its market cap to $1.44 trillion. Bitcoin Nears $72,000 as Macro Rally Gains Steam Bitcoin maintained its upward momentum Thursday morning, approaching $72,000 as a rally sparked by a U.S. Treasury announcement showed no […]
Bitcoin.com News•Terence Zimwara20 Aug
The Commodity Futures Trading Commission’s Innovation Advisory Committee holds its first meeting Thursday, with prediction markets on the agenda. Seven of its 35 members run companies at the center of the event-contract fight the agency is waging against nine state governments. Seven Seats for the Event-Contract Industry The CFTC’s Innovation Advisory Committee convenes for the […]
Bitcoin.com News•Luci Kelemen20 Aug
Metaplanet will contribute 2,100 BTC and $2.5 million in cash to Nasdaq-listed Super League, creating a U.S. bitcoin treasury platform called Superplanet. The transaction will give the Japanese company control of the business while linking capital markets in Tokyo and New York under one treasury strategy. Metaplanet Extends Bitcoin Strategy to Nasdaq With $134.6M Deal […]
Bitcoin.com News•Emmanuel Musa20 Aug
A $2 spin in Linden, New Jersey, produced a $2,949,857.40 progressive payout: the fourth seven-figure Mega Jackpot on Hard Rock Bet’s four-month-old network and the largest in the operator’s online casino history. Four Seven-Figure Wins Since April A player identified as Rose M. of Linden triggered Hard Rock Bet’s New Jersey Mega Jackpot on Aug. […]
Bitcoin.com News•Luci Kelemen20 Aug
A $500,000 cache of cash stuffed into ammunition cans inside the walls of a Paradise Valley, Arizona home sparked a court fight between the new owners and the prior owner’s heirs. In Grande v. Jennings, the Arizona Court of Appeals ruled on May 31, 2012, that the money belonged to the estate of Robert A. […]
Bitcoin.com News•Guest Author20 Aug
Federal law enforcement prosecutors in Georgia unsealed criminal charges against Edward Zimbardi following his high-profile deportation from Fiji. Authorities allege he ran a fraudulent investment scheme that misappropriated $165 million from thousands of investors worldwide. Alleged Scheme Execution Federal prosecutors in the Northern District of Georgia unsealed an indictment on Aug. 17, charging Edward Zimbardi […]
Bitcoin.com News•Kevin Helms20 Aug
Binance said its monitoring team detected a malicious DAO proposal, warned the unnamed project and coordinated deposit closures with exchanges before a vote blocked access to roughly $1.2 million in treasury tokens. Binance Flags Proposal Before Vote Crypto exchange Binance shared on Aug. 18 that its security team detected a malicious governance proposal targeting an […]
Bitcoin.com News•Kevin Helms20 Aug