CryptoCointelegraph
Polymarket users referred to prosecutors in South Korea: Report
South Korean police reportedly referred 18 Polymarket users to prosecutors in a gambling probe involving 26 people and $12.7 million in bets.
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CryptoCointelegraph
Bitcoin treasuries buy just 5.9K BTC in three months as paper losses linger
Bitcoin corporate treasuries remained at an unrealized loss on their holdings as the price fell below $80,000 and fresh capital inflows dwindled.
CryptoCoinDesk
Bitcoin faces 2022 parallels as federal reserve resumes rate hikes
Bitcoin’s drawdown mirrors its position before the Fed’s first hike in March 2022, raising questions over whether a relief rally could precede further losses.
CryptoCoinDesk
Ripple adds XRP payments to Stripe and Tempo’s AI standard in new developer kit
The update expands support for automated payments in XRP and RLUSD, with tools that let agents pay repeatedly for services and manage wallets across blockchains.
CryptoCoinDesk
U.S. diesel prices hit record high as bitcoin and gold struggle
Record diesel prices could feed through to consumer price inflation, confirming more Fed rate hikes. The central bank appears determined to raise rates into a oil supply shock.
CryptoCointelegraph
BitMEX faces Celsius lawsuit ahead of exchange closure
The Celsius estate alleges BitMEX wrongfully liquidated and seized 6,360 BTC, worth nearly $490 million, during the March 2020 market crash.
CryptoCointelegraph
OpenAI discloses 6 new cases of ‘misaligned’ AI behavior
The six cases are separate from July’s incident, when OpenAI models escaped containment and hacked Hugging Face during a security evaluation.
CryptoCoinDesk
Zcash jumps 23% as bitcoin and major tokens rise despite Fed’s first hike since 2023
Bitcoin traded above $76,000 as the Fed projected limited further tightening, while Paradigm’s Matt Huang discussed Zcash’s role as a privacy complement to bitcoin.
CryptoCoinDesk
Goldman pivots, now forecasts Fed rate hike in October
The Fed is likely to raise rates by 25 basis points in October, Goldman said, drawing attention to Fed's own hawkish near term rate projections.
CryptoCointelegraph
Bitcoin absorbs Fed rate hike as officials see more tightening
Bitcoin showed little immediate reaction to the Fed’s first rate increase since 2023, but 16 of 18 officials expect at least one more hike before the end of the year.
CryptoCointelegraph
US lawmakers advance bill to lock Trump’s Bitcoin reserve into law
The legislation would effectively codify Trump’s Bitcoin reserve policy, locking up Bitcoin acquired through civil and criminal forfeiture for 20 years.
CryptoCointelegraph
USDT payments feature in Polish energy giant’s failed $230M oil deal: FT
Tether’s USDT stablecoin was part of a failed oil trade that reportedly cost a Polish energy giant $230 million in late 2023.
CryptoCointelegraph
CLARITY Act could get another shot during lame-duck session, policy advocate says
Digital Sovereignty Alliance managing director Adrian Wall said senators from both parties are considering another attempt to advance the crypto market structure bill before the current Congress ends.
CryptoCointelegraph
UK FCA sets crypto authorization guidance ahead of September application window
The FCA’s new guidance outlines which crypto activities may require authorization as firms prepare for the UK’s incoming digital asset regulatory regime.
CryptoCoinDesk
Revolut hackers demand $3 million in Monero, threaten to sell customer data
The group gave Revolut 24 hours to pay and said it targeted customers with significant crypto holdings.
CryptoCointelegraph
US House tax committee advances crypto tax overhaul in 38–5 vote
A bipartisan House committee vote advanced legislation that would reshape federal tax rules for stablecoins, staking, crypto lending and digital asset transactions.
CryptoCoinDesk
Fed raises rates by 25 basis points in first hike since July 2023
The widely expected move places the U.S. Federal Reserve's benchmark fed funds rate range at 3.75%-4.0%.
CryptoCoinDesk
Celsius sues BitMEX for $495 million over 2020 crash liquidations
The estate is chasing 6,360 BTC lost in the Covid crash — a leveraged long position that sits awkwardly with the lender's delta-neutral marketing.
CryptoCoinDesk
U.S. House's tax committee advances crypto tax bill in wake of Clarity Act loss
The Digital Asset Tax Certainty Act would ease complicated tax burdens for everyday use of cryptocurrencies, though Trump's industry ties spurred some pushback.
CryptoCointelegraph
Anchorage expands institutional custody to Etherlink, tokenized uranium
Anchorage Digital Bank added custody support for Etherlink and several Etherlink-based assets, including xU3O8, a token representing physical uranium.
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