UK’s Smarter Web Company raises $21M via Bitcoin-denominated bonds
UK-listed Smarter Web Company raised $21 million via Bitcoin-denominated bonds, backed by Tobam, offering a new model for crypto-aligned capital fundraising.
XRP custody goes live for Korean institutions via BDACS amid ‘strong interest’
South Korea’s BDACS has rolled out institutional custody support for XRP, following its partnership with Ripple and integration with top South Korean exchanges.
UK u-turn on retail access to crypto ETNs signals push to become crypto hub
The Payments Association’s Riccardo Tordera told Cointelegraph that the ban’s reversal allows individual investors to make their own choices at their own risk.
Crypto investor falls victim to phishing scam, loses $3M in a single click
Crypto scammers are switching from code to exploiting human vulnerabilities, which don’t require breaking through complex cybersecurity guardrails.
Bitcoin is now bigger than Amazon: Here’s how it became a top-5 asset
Bitcoin’s explosive July rally pushed its market cap to $2.4 trillion, overtaking Amazon, silver and Alphabet, cementing its place among the world’s five most valuable assets.
Eye-scanning crypto projects pose national security risks, China warns
China’s security agency warned that biometric data collection by crypto firms, including iris scans, may endanger personal privacy and be exploited for espionage.
Hyperliquid revenue surges as it takes users from Solana: VanEck
Hyperliquid’s derivatives platform drove 35% of blockchain revenue in July, capturing high-value users from struggling Solana.
Solana treasury race heats up as firms hunt staking rewards
Three public companies increased their Solana holdings this week, as BitGo speculated that firms are buying Solana to stake it and earn rewards.
Binance founder Changpeng Zhao seeks dismissal from $1.8B FTX lawsuit
Changpeng Zhao has asked to dismiss a lawsuit from FTX seeking to recover $1.8 billion the bankrupt crypto exchange said it used in a share repurchase deal.
Indonesia is exploring a national Bitcoin reserve, says local group
Bitcoin Indonesia said it recently pitched Bitcoin to the Vice President’s office and explored Bitcoin mining as a national reserve strategy.