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White House Touts ‘Trump Coin’ as TRUMP Memecoin Holders Sit on $3.81 Billion in Losses

The White House posted a nine-second video promoting a new $1 “Trump Coin” on Wednesday, briefly rattling the market for the TRUMP memecoin, where nearly 989,000 wallets remain underwater. Promotion on the Biggest Platform Possible The White House’s official account on social media platform X published a nine-second video on Wednesday captioned simply “TRUMP COIN!” […]

Bitcoin.com NewsBitcoin.com NewsShiraz Jagati16 Jul

US Senate Unanimously Opposes Any Pardon for Sam Bankman-Fried After FTX Fraud

The U.S. Senate unanimously approved S.Res. 772, a bipartisan resolution opposing any presidential pardon or commutation for former FTX CEO Sam Bankman-Fried, reinforcing Senate support for financial accountability as his clemency petition remains pending. Senate Unanimously Opposes Clemency for Bankman-Fried The U.S. Senate on July 15 unanimously approved S.Res. 772, a bipartisan resolution declaring that […]

Bitcoin.com NewsBitcoin.com NewsKevin Helms16 Jul

Ripple’s Schwartz Says SEC Treated XRP Like a Security Despite Calling the Crypto ‘Just Code’

Ripple CTO Emeritus David Schwartz says the SEC effectively treated XRP as a security despite acknowledging the crypto token was not inherently one, challenging a former SEC attorney’s interpretation of the Ripple case. Schwartz Says SEC’s XRP Theory Extended Beyond Ripple’s Conduct The disagreement between Ripple CTO Emeritus David Schwartz and former SEC official Marc […]

Bitcoin.com NewsBitcoin.com NewsKevin Helms16 Jul

Stanford Study: Polymarket’s Bitcoin Bets Were Rigged in the Final 10 Seconds

A small group of traders extracted $8.2 million from Polymarket’s five-minute bitcoin contracts by pushing the spot price on Binance just before settlement, researchers from Stanford University and Singapore Management University found. Striking New Findings Emerge Polymarket’s fastest bitcoin betting product shows systematic signs of settlement manipulation, according to a new study by David Dai […]

Bitcoin.com NewsBitcoin.com NewsShiraz Jagati16 Jul

Saylor Hoards $3 Billion in Cash as Strategy’s $55 Billion Bitcoin Bet Sinks $9.9 Billion Underwater

Strategy Inc. (Nasdaq: MSTR) now pairs a $3 billion U.S. dollar reserve with 843,775 BTC worth roughly $55 billion, a barbell structure executive chairman Michael Saylor is pitching as the company’s path through the bear market. A New Strategy, No Pun Intended The world’s largest corporate bitcoin holder has stopped stacking and started hoarding dollars. […]

Bitcoin.com NewsBitcoin.com NewsShiraz Jagati16 Jul

Luno Pushes South Africa to Rewrite Crypto Rules Through Parliament, Not Proclamation

Luno has formally challenged South Africa’s proposed capital flow regulations, which aim to place digital assets under a modernized exchange control regime. Strict Enforcement and Steep Penalties Cryptocurrency exchange Luno has launched a formal challenge against a proposed overhaul of South Africa’s foreign exchange laws, arguing that the National Treasury’s plan to bring digital assets […]

Bitcoin.com NewsBitcoin.com NewsTerence Zimwara16 Jul

Emirates NBD Launches Real-Time USD Blockchain Payments, Cutting Cross-Border Delays

Emirates NBD has gone live on the blockchain-based Partior network, becoming the first financial institution in the region to offer blockchain-enabled cross-border U.S. dollar payments. Instant Settlement via JPMorgan Dubai-based Emirates NBD has become one of the first financial institutions in the Middle East, North Africa and Türkiye (MENAT) region to launch real-time cross-border U.S. […]

Bitcoin.com NewsBitcoin.com NewsTerence Zimwara16 Jul

CFTC Blocks Kalshi From Cancelling Michigan Sports Trades Ordered Voided

The Commodity Futures Trading Commission has stopped Kalshi from liquidating sports event contracts that a Michigan court ordered cancelled and refunded. The intervention leaves Michigan’s restriction on new sports trades intact while opening a direct federal-state confrontation over who controls transactions already executed on a regulated derivatives exchange. Federal order protects completed trades, not new […]

Bitcoin.com NewsBitcoin.com NewsLuci Kelemen16 Jul

Cleanspark Lands $6.6B AI Lease as 20-Year Deal Reshapes Bitcoin Mining Strategy

Cleanspark has signed a 20-year triple-net lease at its Sandersville, Georgia, campus, expected to generate $6.6 billion in contracted revenue. The tenant has also secured exclusivity over Cleanspark’s 885 MW Texas portfolio, signaling a broader artificial intelligence (AI) infrastructure partnership. Cleanspark Turns Georgia Mining Site Into 175 MW AI Campus With $6.6B Lease Cleanspark is […]

Bitcoin.com NewsBitcoin.com NewsEmmanuel Musa16 Jul

Bank of Tanzania Targets Crypto as Governor Warns of Terror Finance Risks

The Bank of Tanzania is reportedly finalizing a new regulatory framework to oversee cryptocurrencies and stablecoins. Protecting Young Investors Tanzania’s central bank is preparing a new regulatory framework for digital assets as authorities move to strengthen oversight of a rapidly expanding market and protect investors, Bank of Tanzania Governor Emmanuel Tutuba said this week. Tutuba, […]

Bitcoin.com NewsBitcoin.com NewsTerence Zimwara16 Jul

Tim Draper Admits ‘Ouch’ Moment After Passing on Coinbase — His Son Saw a Crypto Fortune in the Making

Tim Draper says he passed on Coinbase after underestimating how quickly retail crypto adoption would arrive, but his son invested early and helped turn a rejected opportunity into one of the venture capitalist’s biggest wins. Tim Draper Saw Coinbase’s Potential — But Misjudged When Crypto Would Arrive Tim Draper, the veteran venture capitalist behind Draper […]

Bitcoin.com NewsBitcoin.com NewsKevin Helms16 Jul