24/7 Blockchain industry dynamics and breaking crypto news
Tether CEO Paolo Ardoino warns that AI giants' practice of subsidizing computing for user growth poses structural risks. High capital expenditure and rapid asset depreciation could lead to mismatches in token value, profit cycles, capital costs, and open-source erosion, accumulating industry-wide vulnerabilities.
Read MoreRussia's central bank has outlined the implementation timeline for its cryptocurrency regulation bill, with a potential effective date of September 1, 2026. Market participants will have a grace period until July 1, 2027, to comply with new licensing and operational requirements before legal enforcement mechanisms take full effect.
Read MoreOn-chain monitoring reveals a wallet linked to the USDH deployer transferred 212,498 HYPE tokens to Coinbase, worth approximately $15.07 million. This large-scale movement has drawn attention to potential market impacts and the historical activity of associated addresses.
Read MoreSeveral German cooperative and savings banks plan to offer direct cryptocurrency trading services to retail customers, according to Bloomberg. The feature will be integrated into existing banking apps, eliminating the need for third-party platforms. The service is expected to roll out in the coming months.
Read MoreA New York Times analysis reveals nearly 1 million investors have lost approximately $3.81 billion in Trump-themed meme coins. The tokens' trading mechanics allow issuers to profit from volatility, while social media promotions fueled trading volume. Trump's own crypto venture has also seen significant declines.
Read MoreBrantly Millegan, Operations Director of ENS Labs, announced his departure on July 4. Several community projects he led will be gradually phased out. He cited recent events among the reasons for leaving, with some team members now open to new opportunities.
Read MoreOn July 4, Iranian Deputy Foreign Minister Garibabadi warned that the Strait of Hormuz is not a stage for military displays by outside powers. He stressed security should be maintained by coastal states, and any party creating a crisis will bear responsibility for the consequences of its adventurism.
Read MoreChinese venture capital is rapidly shifting towards Physical AI and World Models, moving beyond early-stage foundational models. Investment is now concentrating on leading companies, AI infrastructure, semiconductor supply chains, and embodied intelligence.
Read MoreMalaysian police raided a cryptocurrency mining operation suspected of electricity theft, arresting a 20-year-old local and a 31-year-old foreign national. All mining equipment was seized, and the suspects have been remanded for four days as investigations continue into the illegal use of public utilities.
Read MoreFloating AI data centers are emerging as a practical solution, leveraging seawater for natural cooling to cut energy costs and bypass land constraints. Samsung Heavy Industries targets a 50MW commercial launch by 2028, signaling a new era in marine computing.
Read MoreBrazil's central bank proposes classifying stablecoins as electronic money, subject to stricter payment regulations. The crypto association opposes this, warning of regulatory conflicts and market inhibition. New rules for virtual asset service providers may pressure smaller firms.
Read MoreThe Major County Sheriffs of America (MCSA) has shifted its position on the Clarity Act from opposition to neutral. In a letter to Senate banking leaders, MCSA indicated ongoing review suggests room to refine the legislation, aiming to better support responsible innovation while addressing practical law enforcement needs.
Read MoreNasdaq-listed miner Bitdeer sold all 223.1 BTC mined last week, maintaining zero bitcoin holdings. This move highlights strategic treasury management and offers insights into mining industry trends.
Read MoreMarket maker SIG alleges over 100 traders illegally profited more than $100 million by shorting Tiger Securities and Futu Holdings' options before China's regulatory crackdown was announced. A US court has frozen accounts and launched an investigation.
Read MoreIran has issued a stern warning against any foreign military presence in the Strait of Hormuz. A senior official stated that security for the vital waterway must be maintained by coastal states, and any party creating a crisis will bear full responsibility for the consequences.
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