Category: Peer to Peer

Cryptocurrency entrepreneur Justin Sun’s individual claims against World Liberty Financial are set to remain before a California federal court after a hearing over the crypto venture’s attempt to shift substantial parts of the dispute into private arbitration. US District Judge James Donato heard arguments on August 20 in the Northern District of California over World Liberty Financial’s motion to compel arbitration and stay portions of the lawsuit. Sun characterised the hearing as a significant procedural victory, saying his personal claims would

Commodity Futures Trading Commission Chairman Michael S. Selig has instructed agency staff to prepare a regulatory framework for cryptocurrency markets that could be advanced if Congress fails to enact the Clarity Act, signalling that the regulator will not allow the legislative impasse to leave digital assets without clearer rules. Selig outlined the approach on Thursday as the CFTC convened the inaugural meeting of its Innovation Advisory Committee in Washington, where cryptocurrency regulation, artificial intelligence and prediction markets dominated the agenda. He

CoinShares has expanded the mandate of its WGMI exchange-traded fund beyond bitcoin mining, giving investors exposure to artificial intelligence data centres, power infrastructure and high-performance computing as miners increasingly reposition their energy-heavy businesses around AI. The Nasdaq-listed fund was renamed the CoinShares Bitcoin Mining and Digital Power ETF on August 18, replacing its former CoinShares Bitcoin Mining ETF identity while retaining the WGMI ticker. The change substantially broadens the companies that can enter its portfolio and reflects the accelerating convergence between

Bitcoin climbed above $75,000 on Friday, extending a sharp advance fuelled by improving liquidity conditions, heavy short-covering and renewed optimism over cryptocurrency regulation in the United States. The world’s largest cryptocurrency traded around $75,400 during early Asian hours after reclaiming the level for the first time since late May. Bitcoin gained about 8% over 24 hours and roughly 19% over the week, marking one of its strongest short-term advances of 2026. Ether also strengthened, rising close to 5% to around $2,376,

Bitcoin surged more than 6% on Wednesday, breaking above $68,000 as a sharp retreat in US Treasury yields revived demand for risk assets and forced heavily leveraged traders betting against cryptocurrencies to close their positions. The world's largest cryptocurrency traded around $68,500 after briefly climbing above $69,000, reaching its highest level in nearly three months. The move marked Bitcoin's strongest percentage gain since March and extended a recovery from levels near $64,000 earlier in the day. The rapid advance triggered more

Binance co-founder Changpeng “CZ” Zhao has stopped using a closely watched public cryptocurrency wallet after ordinary token-cleaning transactions triggered heavy speculation, sharp meme-coin price swings and opportunistic trading. Zhao said the wallet had become overwhelmed by unsolicited meme coins sent by token creators and traders, making it difficult even to locate his BNB holdings while he was testing Trust Wallet. Attempts to remove unwanted tokens by sending them to burn addresses only intensified scrutiny because traders interpreted each transaction as

Harmony is moving towards rolling back its blockchain after an attacker exploited weaknesses in the network to create billions of unauthorised ONE tokens, forcing developers to halt parts of the system and coordinate an emergency response with validators and cryptocurrency exchanges. The Layer-1 blockchain has identified block 92,730,034, recorded on August 11 at 23:25:37 UTC, as the proposed point to which the network would be restored. Harmony is coordinating with validators and exchanges on the rollback approach after deploying fixes designed

Standard Chartered has initiated coverage of Chainlink’s LINK token with a price forecast of $200 by the end of 2030, betting that rapid expansion in tokenised assets and decentralised finance will sharply increase demand for the blockchain network’s infrastructure. The projection implies an increase of roughly 25 times from the price near $8 used when the forecast was prepared. The bank has set an interim target of $13 for the end of 2026, followed by $41 in 2027, $82 in

Zerohash is preparing to submit a narrower application for a US national trust bank charter after regulators returned its first filing without reaching a decision, creating a regulatory setback for the digital-asset infrastructure provider that powers cryptocurrency trading for Morgan Stanley’s E*Trade platform. The Chicago-based company expects to refile with the Office of the Comptroller of the Currency by the end of August, restructuring its proposal around a more focused range of trust activities. Zerohash has said the return was

Metaplanet has rejected speculation that it sold hundreds of millions of dollars worth of bitcoin, saying a large movement of cryptocurrency detected on-chain was an internal custody transfer and that its holdings remain unchanged at 43,000 BTC. Chief Executive Simon Gerovich said the Tokyo-listed company transferred 5,014 bitcoin between Metaplanet-controlled custodial addresses over a 24-hour period. The cryptocurrency was worth roughly $320 million at prevailing market prices. He said no bitcoin was sold and described the transactions as routine custody operations.

XRP trading on Binance has entered a markedly calmer phase, with its 30-day realised volatility falling to about 0.34, the lowest level in roughly three months, as traders assess whether reduced price swings could set the stage for a larger market move. The decline represents a sharp reversal from June, when the same volatility measure climbed to about 0.53 amid heavier trading activity and wider price fluctuations. XRP was trading near $1.07 when the lower volatility reading was recorded, compared with

South Korea has approved the removal of the 1 million won threshold from its cryptocurrency Travel Rule, requiring regulated virtual asset businesses to exchange sender and recipient information for transfers of every size as Seoul tightens safeguards against money laundering. The Cabinet approved amendments to the Enforcement Decree of the Act on Reporting and Using Specified Financial Transaction Information on Tuesday, August 11. The expanded Travel Rule will take effect on February 20, 2027, giving virtual asset service providers six months

Ravencoin is confronting the prospect of a deep blockchain reorganisation that could reverse several days of transactions after a critical software vulnerability allowed invalid blocks to enter its ledger. Two of the network’s largest mining pools, 2Miners and RavenMiner, are building an alternative chain from block 4,487,775, the last block before the first known invalid block appeared on August 7. Together, the pools control a majority of Ravencoin’s computing power, increasing the likelihood that their replacement chain could become the version

MoneyGram has expanded its crypto-to-cash infrastructure to Solana, allowing wallets, exchanges and decentralised applications on the blockchain to connect directly with the payments company’s worldwide network for converting digital assets into local currency. The launch brings MoneyGram Ramps to the Solana ecosystem through a single application programming interface. Developers can now offer cash deposits in more than 25 countries and cash withdrawals across more than 170 countries and territories without creating separate banking connections or building their own cash distribution

Coinbase has chosen Abu Dhabi as its international base for tokenised securities after securing regulatory approval to arrange investment transactions and provide custody services within Abu Dhabi Global Market, accelerating its expansion beyond cryptocurrency trading into blockchain-based capital markets. The Financial Services Permission granted by ADGM’s Financial Services Regulatory Authority gives the US-listed crypto exchange the regulatory foundation to develop tokenised investment products from the emirate. Coinbase plans to use Abu Dhabi as its principal international hub for bringing traditional

Pokémon trading cards are evolving from childhood collectibles into a multibillion-dollar alternative asset market, prompting blockchain companies to build digital trading systems around physical cards stored securely in vaults. The technology can speed up transactions, but attracting enough buyers and sellers remains the larger challenge. Estimates put the wider trading-card market at roughly $10 billion to $15 billion, while the value of graded cards alone has been calculated at about $10.8 billion. Demand has spread far beyond specialist hobby shops,

The United States has imposed sanctions on cryptocurrency platform Shelbit, its founder Siavash Kayvanpour and affiliated companies after investigators linked the network to billions of dollars in digital-asset flows involving Iran’s Islamic Revolutionary Guard Corps and other sanctioned entities. The action by the Treasury Department’s Office of Foreign Assets Control places Shelbit and associated entities on Washington’s sanctions list, effectively freezing assets under US jurisdiction and exposing counterparties to significant sanctions risks. The measures also extend Washington’s widening campaign against

MARA Holdings sold about 23,093 bitcoin for $1.6 billion during the first half of 2026, marking a major reversal from the cryptocurrency miner’s earlier strategy of accumulating and retaining virtually all the bitcoin it produced. The figure, disclosed in the company’s quarterly regulatory filing, represents cumulative sales during the six months ended June 30 rather than a single transaction carried out on Monday. Social-media posts describing the disposal as a new sale of 23,093 bitcoin therefore omit an important part

Wintermute has secured US broker-dealer registration, opening the door for the digital-asset market maker to trade equities and equity options and take a bigger role in exchange-traded products as the boundaries between crypto and conventional securities markets narrow. The expansion is being carried out through Wintermute USA LLC, its New York-based affiliate, which is registered with the Securities and Exchange Commission and is a member of the Financial Industry Regulatory Authority. The regulatory footing allows the business to operate directly within

Coinbase has opened US stock trading to customers in the UK, accelerating its push beyond cryptocurrencies as the exchange seeks to become a broader financial platform spanning digital assets, equities, savings and borrowing. The service began rolling out progressively to eligible UK users on August 6, giving customers access to nearly 4,000 US stocks through the same Coinbase application used for crypto and fiat holdings. Trading is available for eligible shares 24 hours a day, five days a week, with no

A Bitcoin wallet untouched since 2011 has moved 50 BTC worth about $3.2 million to a new address with transaction links to FalconX, reviving scrutiny of cryptocurrency holdings dating from the network’s earliest years. The 50 BTC remained in the receiving address on Friday, providing no direct evidence that the coins had been deposited with FalconX or sold. However, the destination wallet has previously transferred Bitcoin to addresses labelled as FalconX deposits by blockchain intelligence platforms, raising the possibility that the

Tether is expanding its asset-tokenisation business into Saudi Arabia, beginning with institutional real estate as the stablecoin group deepens its move into blockchain-based financial infrastructure beyond its core USDT franchise. The company’s Hadron platform will provide the technology needed to issue and manage tokenised property assets for institutional investors. Riyadh-based First Data will serve as issuer and market operator, while fintech company BKN301 will connect the system with banking and compliance infrastructure. The partners plan to broaden the model later

Hyperliquid-linked exchange-traded funds have lost their early momentum, with inflows slowing sharply in July and early August as competition intensifies across cryptocurrency derivatives and prediction markets. JPMorgan analysts said the pullback follows unusually strong demand in May and June, when Hyperliquid ETFs led non-bitcoin cryptocurrency funds in inflows relative to assets under management. The reversal has raised questions about whether the fast-growing decentralised trading platform can maintain market share as regulated alternatives expand. The change is notable because Hyperliquid had emerged as

Bitcoin miners are facing an intensifying profitability crisis as the average cost of producing one coin approaches $78,000, leaving about one-fifth of the global mining fleet operating at a loss. Bitcoin was trading near $64,500 on Thursday, roughly 17% below the estimated industry-wide production cost. The gap has persisted for several months, forcing operators to shut down older machines, sell cryptocurrency reserves and redirect capital towards artificial intelligence data centres. Mining companies generated new Bitcoin by operating specialised computers that compete to