The Spiderchain developer told users to withdraw assets by July 9 after concluding demand for Bitcoin-native DeFi was not sufficient to support the network. Read More at https://cointelegraph.com/news/botanix-says-it-didnt-work-as-bitcoin-scaling-platform-shuts-down-sets-withdrawal-deadline?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Category Archives: Uncategorized
EU proposes ban on 11 crypto platforms in Russia sanctions push
The proposed measures would ban transactions on 11 crypto platforms and expand sanctions targeting networks accused of helping Russia evade restrictions. Read More at https://cointelegraph.com/news/eu-russia-sanctions-11-crypto-platforms?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
SpaceX IPO nears 4 times oversubscribed, squeezing crypto and tech
Tech stocks and crypto are selling off in a “classic pre-mega-IPO liquidity squeeze,” say analysts. Read More at https://cointelegraph.com/news/spacex-ipo-nears-four-times-oversubscribed-squeezing-crypto-and-tech?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Chainalysis, South Korean police link up to fight crypto crime
South Korea’s national police has been battling crypto-enabled crimes from DPRK-state level threats to scams targeting retail investors. Read More at https://cointelegraph.com/news/chainalysis-south-korean-police-link-up-to-fight-crypto-crime?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Blockchain.com launches SpaceX-linked perpetual amid pre-IPO trading boom
The exchange joins Binance, Kraken, Bybit and Coinbase rolling out products tied to SpaceX’s anticipated public debut. Read More at https://cointelegraph.com/news/blockchaincom-launches-247-institutional-perpetuals-adds-spacex-pre-ipo-trading?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Tether expands robotics push with lead role in NEURA’s $1B-plus funding round
NEURA plans to integrate Tether’s wallet and AI technologies into its robotics platform, enabling autonomous payments and on-device computing for machines. Read More at https://cointelegraph.com/news/tether-backs-neura-robotics-in-up-to-14b-round-for-autonomous-payments?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Hyperliquid, Paradigm urge revision of GENIUS money laundering rule
The Hyperliquid Policy Center and Paradigm say the Treasury’s money laundering rules for the GENIUS Act are too onerous for stablecoin issuers. Read More at https://cointelegraph.com/news/hyperliquid-paradigm-urge-revision-of-genius-money-laundering-rule?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
‘Maximal’ ban on insider trading would hurt prediction markets, says researcher
“The same insider trade that improves the accuracy of the price today can reduce the participation that makes the price informative tomorrow,” said Balbinder Singh Gill. Read More at https://cointelegraph.com/news/prediction-markets-need-a-little-insider-trading-academic-research-finds?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Crypto users wary as Anthropic releases Claude Mythos with safeguards
Venture capitalist Simon Dedic said Anthropic’s latest AI models drop the cost and skill needed to find crypto exploits to “basically zero.” Read More at https://cointelegraph.com/news/anthropic-releases-claude-mythos-with-safeguards-crypto-users-wary?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
ETH crash to $1K looms if key support breaks: Will futures traders step in?
Ether’s futures open interest fell by 25%, putting pressure on the $1,500 support level. Is a drop to $1,000 next? Read More at https://cointelegraph.com/markets/ether-risks-revisit-of-1000-if-this-support-level-breaks-amid-leverage-reset-data?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound