Author: James Wilson

Dogecoin price has held near $0.073 after whales accumulated 200 million DOGE and futures open interest climbed 3.74% to $1.08 billion. Summary Dogecoin whales accumulated 200 million DOGE worth roughly $14 million through Robinhood. Futures open interest rose 3.74% to $1.08 billion as derivatives volume jumped 114%. DOGE must clear $0.07539 and $0.07965 to confirm a stronger bullish reversal. CoinGlass’s three-day liquidation heatmap shows DOGE trading between large leveraged-position clusters near $0.074 and $0.071, leaving the meme coin exposed to volatility in either direction. At the time the charts were captured, Dogecoin traded near $0.0732 after gaining about 1% on…

U.S. regulators have missed the GENIUS Act’s one-year rulemaking deadline, leaving the federal stablecoin framework awaiting final implementation even as industry participants say the law has already accelerated institutional adoption. Summary U.S. regulators missed the GENIUS Act’s one year deadline to finalize key stablecoin rules, leaving several major proposals still under review. Industry participants said the law has already encouraged institutional stablecoin adoption, but unfinished rulemaking continues to create compliance uncertainty. Former SEC counsel Ashley Ebersole said the GENIUS Act established a strong legal framework but has fallen short in implementation because regulators missed the deadline. According to federal rulemaking…

Hackers have disabled Kenyan President William Ruto’s official website, replaced its homepage and demanded a ransom of 5 Bitcoin. Summary Hackers defaced Kenyan President William Ruto’s website and demanded a ransom of 5 Bitcoin. Kenyan authorities found no evidence that sensitive data was accessed, stolen, or lost. State investigators and external partners are examining how attackers breached the website’s security. According to a report, the Kenyan government opened an investigation after attackers took control of president.go.ke on July 18 and posted insulting messages directed at Ruto. The hackers also threatened to release unspecified information unless officials paid the ransom by…

Cardano price remained under pressure on Monday despite the activation of the network’s van Rossem hard fork, leaving ADA traders focused on whether the token can break through its next major resistance zone. Summary Cardano remains near $0.16 as weak momentum limits gains following the van Rossem hard fork. ADA must reclaim $0.17 and $0.19 before the broader downtrend shows clearer signs of reversing. Positive funding offers support, but a sub-one long-short ratio shows traders remain cautious about recovery. ADA was trading near $0.162 at the time of writing, down around 2% over 24 hours. The token has remained broadly…

Hut 8 and IREN announced billions of dollars in new artificial intelligence infrastructure deals on Monday as companies with roots in Bitcoin mining continued expanding into data centers and cloud computing. Summary Hut 8 fully leased Beacon Point after signing a second 15-year, $9.8 billion AI deal. IREN added $2.8 billion in contracts and raised its AI Cloud target above $4 billion. Both companies gained double digits as former Bitcoin miners expanded deeper into AI infrastructure markets. Hut 8 signed a second 15-year lease worth $9.8 billion at its Beacon Point AI data center campus in Nueces County, Texas.  $HUT…

Zilliqa has asked cryptocurrency exchanges to temporarily suspend ZIL deposits and withdrawals after an exchange partner suffered a suspected cold wallet compromise. Summary Zilliqa asked exchanges to halt ZIL transfers after a partner’s cold wallet was reportedly compromised. The network has not disclosed the stolen amount, affected exchange, or suspected cause of theft. ZIL fell about 9% as transfer suspensions and unanswered questions weighed on short-term market sentiment. The layer-1 blockchain project said ZIL had been stolen from the affected wallet and that it had started investigating the incident with the unnamed partner. Zilliqa has not disclosed how many tokens…

ADI Chain has launched a co-branded Tangem hardware wallet through Virgin Megastores across the UAE, bringing offline crypto self-custody for ADI Chain ecosystem tokens and major digital assets to one of the country’s largest retail chains. Summary ADI Chain and Tangem have launched a co branded hardware wallet through Virgin Megastores across the UAE. The wallet supports Bitcoin, Ethereum and ADI Chain ecosystem tokens while allowing users to manage assets through self custody. The launch expands Tangem’s retail presence as hardware wallets continue moving into mainstream consumer stores. According to an announcement shared with crypto.news, the co-branded hardware wallet is…

Tether has faced renewed scrutiny over whether USDT can remain available on U.S. crypto platforms unless the stablecoin issuer meets the requirements of the GENIUS Act before its compliance window closes. Summary Tether could face restrictions on USDT in the United States if it does not meet GENIUS Act requirements before the 2028 compliance deadline. Legal experts say foreign stablecoin issuers still have time to comply, though some obligations may begin once the law takes effect. Tether has continued expanding USAT, enterprise payments and Latin American investments while U.S. stablecoin rules are still being finalized. According to a CoinDesk report,…

South Korea has unveiled a roadmap to make the Korean won a freely convertible currency, pairing foreign exchange reforms with a legal framework for won-backed stablecoins and new digital payment infrastructure. Summary South Korea has unveiled a roadmap supporting won backed stablecoins alongside foreign exchange reforms. The plan includes legal rules for stablecoins, CBDC pilots, and tokenized government bond projects. Authorities also plan to ease cross border capital rules and expand offshore won settlement infrastructure. According to a July 19 report from local mediahouse Etnews, the roadmap was jointly announced by the Financial Services Commission, the Bank of Korea, the…

South Korean financial authorities investigated more than 40 cases of unfair crypto trading during the first two years of the Virtual Asset User Protection Act, according to Financial Services Commission Chair Lee Eog-won. Summary Korean regulators investigated over 40 unfair crypto trading cases during the law’s first two years. Authorities referred more than 30 cases for investigation and identified 25 suspects linked to misconduct. Regulators plan stronger AI-based surveillance as South Korea expands oversight of high-risk crypto market activity. The cases covered suspected market manipulation and other fraudulent trading activity. Authorities reported or referred more than 30 cases to investigative…