Binance Runs Monthly Employee Phishing Drills, Repeat Failures Can Lead to Dismissal

Binance, the world’s largest cryptocurrency exchange, conducts monthly simulated phishing attacks on employees and can impose disciplinary measures, including dismissal, on workers who repeatedly fail the tests. Jimmy Su, Binance’s chief security off

Korbit Unveils AI Agent Trading Tool Tied to ChatGPT, Claude

South Korean cryptocurrency exchange Korbit has unveiled an AI agent trading environment that uses generative AI tools such as ChatGPT and Claude for tasks ranging from price checks to order execution. Korbit said July 24 that it had launched an inst

Bitcoin Falls Below $65,000 as US-Iran Tensions Escalate, Oil Tops $100

Bitcoin fell below $65,000 as military tensions between the US and Iran intensified. International oil prices climbed above $100 a barrel, while US Treasury yields surged. Cointelegraph reported that Bitcoin fell to as low as $64,799 on Bitstamp on J

Iran Intensifies Strikes on Kuwait, Bahrain and Jordan to Pressure US Bases in Middle East

Iran has stepped up attacks on Kuwait, Bahrain and Jordan, in what appears to be an effort to pressure US military infrastructure in the Middle East, as all three countries host American bases. CNN reported on July 20 that Iran has escalated military

US, Iran Trade Blame as Ceasefire Deal Unravels and Middle East Tensions Rise Again

The US and Iran have effectively declared their ceasefire agreement defunct, with each side accusing the other of breaching the deal. Military clashes continued, and a tanker was struck in the Strait of Hormuz, adding to renewed tensions across the M

Kospi Volatility Tops 60%, Exceeding Bitcoin as AI, Leveraged ETFs Stoke Swings

Volatility in South Korea’s Kospi index has become so extreme that it has surpassed Bitcoin, as an AI-driven rally centered on Samsung Electronics Co. and SK Hynix Inc. collides with a surge in leveraged exchange-traded funds. Bloomberg reported on J

Bitwise Says DeFi Tokens Are Holding Up Better Than Bitcoin as Market Reassesses Sector

Bitwise said decentralized finance tokens may be undergoing a quiet market reappraisal after recently showing unusual strength relative to Bitcoin. In a report published July 10 and cited the same day by Cointelegraph, the crypto index-fund manager s

Polymarket Seeks US Futures Broker License to Offer Margin Trading

Polymarket has begun the regulatory approval process to offer margin trading in the US. Bloomberg reported on July 9 that Polymarket, through its subsidiary Coming Home GBA LLC, filed an application on July 3 with the National Futures Association for

US, China Strategic Oil Reserve Refill May Put Floor Under Crude Prices

The US and China are moving to rebuild their strategic petroleum reserves, a shift that could help limit further declines in global oil prices. Reuters reported on July 10 that major economies including the US and China plan to buy crude gradually ov

X Money Rollout Fuels Expectations for Crypto Payments on X

X, the social media platform formerly known as Twitter, has begun rolling out its in-house payment service X Money, fueling expectations that it could eventually add cryptocurrency payment features. Catenaa reported on July 2 that X started a phased

US Black Law Enforcement Group Backs CLARITY Bill, Citing Stronger Financial Crime Tools

The National Organization of Black Law Enforcement Executives, or NOBLE, has formally endorsed the CLARITY Act, a US bill to establish a market-structure framework for digital assets. It marks the first public endorsement of the legislation by a majo

Semiconductor Stocks Slide for Second Day as Wall Street Watches Rotation Into Cyclicals

Semiconductor stocks tumbled for a second straight session in U.S. trading, and Wall Street is increasingly focused on a rotation out of technology shares and into economically sensitive sectors that could persist for some time. Concerns about a pull

Shinhan Securities to Launch Tokenized Bond RWA Product in July

Shinhan Securities plans to introduce a tokenized real-world asset, or RWA, product backed by bonds it holds. The launch would add bonds from a regulated financial institution to an on-chain investment product, extending efforts to link traditional f

Botanix Shutdown Exposes Weak Demand for Bitcoin DeFi

Bitcoin-based decentralized finance, once touted as a major growth area, is still drawing only limited demand, according to an industry assessment. The issue has come back into focus after Bitcoin layer-2 project Botanix shut down, citing a lack of u

XRP Nears $1 Breakdown as On-Chain Loss Metric Hits Lowest Since August 2022

XRP is threatening the psychologically important $1 support level. As more investors cut their losses, an on-chain metric tracking realized losses has dropped to its lowest level since 2022. CoinDoo reported that XRP fell as low as $1.0116 on June 25

Polymarket Says $3 Million Stolen in Supply-Chain Hack, Begins Full Refunds

Polymarket said about $3 million of user assets was stolen after its website was compromised through a hack at a third-party service provider. The decentralized prediction-market platform has begun reimbursing all affected users. Decrypt reported on

Israel Continues Strikes in Southern Lebanon With Drone, Helicopter Attacks

Israeli forces are continuing airstrikes and surveillance operations in southern Lebanon, local media reported. Iran's Mehr News Agency, citing Lebanon's Al Mayadeen, reported on June 18 that Israeli forces recently carried out a drone strike on Kafr

Franklin Templeton Seeks to Launch Two Dividend-Fueled Bitcoin ETFs

Franklin Templeton is seeking to launch two new exchange-traded funds that would use dividends to increase Bitcoin exposure. Unfolded reported on June 19 that the global asset manager recently filed documents with the US Securities and Exchange Commi

Ethereum Futures Open Interest Hits Record 3.7 Million ETH as Rebound Bets Rise

Ethereum is trading near its lowest level of the year, while the futures market is seeing an increase in bullish positions as traders bet on a rebound. Cointelegraph reported on June 12 that open interest in ETH futures on Binance reached a record 3.

Bitcoin Tumbles to $60,000 as On-Chain Transactions Near Record, Signaling Major Holder Rotation

Bitcoin has tumbled to around $60,000, while on-chain data shows asset transfers rising to levels نزدیک a record high, suggesting a massive rotation of holdings is underway. AMB Crypto reported on June 7 that crypto analyst Darkfost sees Bitcoin tran

Banks Step Up Pushback Against Yield-Bearing Stablecoins as Threat to Deposits

Yield-bearing stablecoins are expanding rapidly, escalating tensions between traditional finance and the crypto industry. Katana reported on June 7 that banks have started to view yield-bearing stablecoins as a key rival to their core deposit busines

Strategy, BitMine Hit Hard as Crypto Selloff Swells Corporate Paper Losses

Public companies with large cryptocurrency holdings are seeing paper losses pile up as the digital-asset market slumps. CryptoPotato reported on June 7 that Bitcoin recently fell to $59,000, its lowest level in about 19 months. The cryptocurrency has

Hunter Biden Calls Bitcoin, Blockchain an 'Inevitable Future' in Pro-Crypto Remarks

Hunter Biden, son of former U.S. President Joe Biden, has publicly voiced support for Bitcoin and blockchain technology. AMBcrypto reported on June 6 that Biden expressed support for decentralized blockchains and Bitcoin in a recent reply on X to a q

Strategy’s First Bitcoin Sale Fuels Concern Over Further Selling Pressure

Strategy, the company led by Michael Saylor, is facing mounting concern over its Bitcoin accumulation strategy after making its first-ever sale of the cryptocurrency. ZyCrypto reported on June 6 that Zach Pandl, Grayscale’s head of research, said Str

Grayscale Files Fifth Amended Registration for Hyperliquid Staking ETF

Grayscale is pressing ahead with plans to launch an exchange-traded fund tied to Hyperliquid. Bloomberg Intelligence ETF analyst James Seyffart said on May 30 that Grayscale had filed Amendment No. 5 for the Hyperliquid Staking ETF. The filing keeps

Swan Bitcoin CEO Says Retail Investors Still Sway Prices in Spot ETF Era

Spot-Bitcoin exchange-traded funds have become a key investment vehicle, but retail investors still play a major role in determining Bitcoin prices, according to an analysis. Swan Bitcoin Chief Executive Officer Cory Klippsten said in an interview at

Ethereum ETF Outflows Accelerate as Nansen Says Bullish Catalysts Have Vanished

Ethereum is at risk of falling below $2,000 as outflows from spot exchange-traded funds and slowing network activity erode the token’s bullish momentum. AMB Crypto reported on May 29 that on-chain analytics firm Nansen said in a recent report Ethereu

FBI Seizes 127,000 Bitcoin in $8 Billion Bust of International Fraud Ring

The Federal Bureau of Investigation said it seized 127,000 Bitcoin worth about $8 billion in a crackdown on an international fraud ring and arrested hundreds of suspects. Fox News reported on May 28 that the FBI uncovered a criminal network behind cr

Gemini Adds Musk’s Grok to Launch Personalized Prediction-Market Feed

Cryptocurrency exchange Gemini has launched a personalized prediction-market service powered by Grok, the artificial intelligence model developed by Elon Musk’s xAI. Cointelegraph reported on May 28 that Gemini introduced an AI-based feature called C

Upbit Data Lab Launches Composite Technical Indicator to Track Crypto Market Heat

Upbit Data Lab, the digital-asset data platform operated by Dunamu, has launched a new composite technical indicator designed to give users a more intuitive read on market trends. Dunamu said on May 29 that it added the new gauge to Upbit Data Lab to