Stablecoins have long been pitched as a faster way to move dollars across borders. In Bolivia, they’re increasingly becoming a way to access dollars in the first place. The country’s recent proposal to recognize Tether’s USDt (USDT) for payments underscores how economic instability is driving adoption in many emerging markets. Elsewhere, Bitcoin miners are discovering … Read more
The trust behind reimbursing creditors with ties to defunct cryptocurrency exchange FTX announced that its next distribution of funds would start on July 31. In a Friday notice, the FTX Recovery Trust and crypto exchange said that they would distribute about $900 million to claimants in the recovery plan’s “convenience and non-convenience classes.” Eligible creditors … Read more
Digital asset and AI infrastructure company Galaxy Digital has signed a 15-year naming rights agreement with Texas Tech, renaming the university’s football stadium Galaxy Stadium beginning with the 2026 season. The partnership also makes Galaxy the official data center and digital assets partner of Texas Tech Athletics, with the companies planning to collaborate on student-athlete … Read more
OKX Europe has launched a one-way conversion feature allowing customers to deposit USDT and convert it into USDC, offering a regulated migration path as the European Union’s Markets in Crypto-Assets (MiCA) rules limit support for the world’s largest stablecoin. According to a company announcement shared with Cointelegraph, the feature lets customers deposit Tether’s USDt (USDT) … Read more
Japanese financial services group SBI Holdings has acquired a majority stake in Holdbuild, the parent company of Singaporean crypto platform Coinhako, after receiving regulatory approval from Singapore’s central bank. The approval from the Monetary Authority of Singapore (MAS) enabled SBI to acquire company shares from existing shareholders through a capital injection, making Coinhako a consolidated … Read more
The United Kingdom National Crime Agency (NCA) and City of London Police said two men associated with the “Scattered Spider” hacking group were sentenced to five years and six months in prison. The two pleaded guilty during their first court appearance at Woolwich Crown Court on June 22 and were sentenced on Thursday, according to … Read more
Bitcoin Ordinals advocate Leonidas has proposed developing a new open-source Bitcoin client, aimed at removing restrictions affecting Runes and Ordinals transactions. In a post to X on Friday, Leonidas called the proposed client “Bitcoin $DOG Mode,” which would lift the maximum individual transaction size to 3.9 million weight units (WU), compared to Bitcoin Core’s 400,000 … Read more
Today, July 17, 2026, a seismic event has shaken the cryptocurrency world. BlackRock, the world’s largest asset manager, has filed a critical amendment to its spot Bitcoin ETF application. This filing isn’t just a procedural step; it’s a bold power play that could redefine how institutional money flows into Bitcoin. The core of the issue … Read more
Crypto exchange Bybit announced Thursday it has launched a locally operated platform in Indonesia after acquiring a majority stake in digital asset firm PT Enkripsi Teknologi Handal, formerly known as NOBI. The deal saw NOBI rebranded as Bybit Indonesia. The crypto exchange said it plans to introduce its services in phases, starting with 500 cryptocurrency … Read more
Network School founder Balaji Srinivasan is seeking a memorandum of understanding with Malaysia after authorities probed his Forest City tech community over allegations it was hosting Israeli citizens using second passports. Malaysia’s Home Affairs Ministry said Tuesday it was investigating Srinivasan’s start-up community in Johor following claims it included Israelis in violation of immigration laws. … Read more