• Euro stablecoin by Deutsche_Bank
    Stablecoin

    Euro Stablecoin Launches on Ethereum 

    August 1, 2025 - By 

    A new euro-backed stablecoin (EURAU) supported by Deutsche Bank’s DWS, trading firm Flow Traders, and Galaxy Digital led by Mike Novogratz, has officially launched on the Ethereum blockchain. The stablecoin was introduced by AllUnity, a joint venture formed by the three partners, and became publicly available on July 31. EURAU is regulated by Germany’s Federal Financial Supervisory Authority (BaFin) and fully complies with the European Union’s Markets in Crypto-Assets Regulation (MiCA). For now, EURAU is issued as an ERC-20 token on Ethereum, with plans to expand to more blockchain networks later in 2025, according to the announcement. Euro Stablecoins Rise,…

  • Stablecoin Licensing Regime
    Stablecoin

    Hong Kong Enacts New Stablecoin Licensing Regime

    August 1, 2025 - By 

    Hong Kong has launched its long-anticipated licensing regime for fiat pegged stablecoins, to become a global digital asset hub. As of August 01, 2025 any company intending to issue or promote fiat-backed stablecoins to retail users in Hong Kong must obtain formal authorization from the Hong Kong Monetary Authority (HKMA). The regulatory move not just marks a milestone for the city but  positions Hong Kong among the first jurisdictions in Asia to implement a detailed and enforceable stablecoin regulatory regime. What does the new Stablecoin Licensing Regime do?  The licensing framework introduces comprehensive compliance requirements. They include capital adequacy, reserve…

  • jp_morgan_coinbase
    Regulation

    JPMorgan Chase Teams Up with Coinbase

    August 1, 2025 - By 

    JPMorgan Chase is stepping deeper into the world of cryptocurrency. The U.S. banking giant has partnered with Coinbase, one of the largest crypto exchanges, to offer new digital asset services to its customers. Starting this fall, Chase credit card holders will be able to buy cryptocurrencies directly through Coinbase. This marks a major step in bringing crypto closer to everyday banking. The partnership will go further in 2026, with a new feature added to the Chase Ultimate Rewards program. For the first time, customers will be allowed to redeem their reward points for USDC, a stablecoin backed by the U.S.…

  • Moldovan Elections
    Cryptocurrency

    Russia In Moldovan Elections Mess With $114M in Crypto

    August 1, 2025 - By 

    Moldovan President Maia Sandu has accused Russia of orchestrating a large-scale election interference campaign using $114.4 in cryptocurrency to covertly funnel funds into Moldova ahead of the Moldovan elections scheduled for September 28. President Sandu claimed that Russian interests are preparing to inject millions worth of digital assets into Moldova’s political system, to finance electoral corruption, including vote-buying schemes, and to bolster pro-Russian candidates through widespread propaganda efforts. “This is part of a broader strategy aimed at undermining our democracy and installing Moscow-backed loyalists,” President Sandu warned. Her remarks did not include concrete evidence directly linking the funds or interference…

  • Ether_Machine_scoops_up_57M_in_ETH_SharpLink_follows_with_43M_buy
    Altcoins

    The Ether Machine Buys $56.9M ETH For Ethereum’s 10th Anniversary

    July 31, 2025 - By 

    The Ether Machine has made a bold return to its long-term crypto strategy, snapping up 15,000 ETH in a $56.9 million purchase, the company announced Wednesday. Not far behind, SharpLink Gaming also jumped in with a sizable $43 million Ether acquisition. This latest move, made at an average price of $3,809 per ETH, brings The Ether Machine’s total holdings to 334,757 ETH. The company said the timing of the buy was no coincidence, it was a tribute to Ethereum’s 10th birthday. “We couldn’t imagine a better way to celebrate Ethereum’s 10-year anniversary than by doubling down on our belief in…

  • CoinDCX Employee
    Hack & Scam

    CoinDCX Employee Was Offered A Job Before the $44 M Exploit

    July 31, 2025 - By 

    Bengaluru police uncovered that a software engineer, a CoinDCX employee, has been offered a part-time job by the hackers, who then installed malware to the system before carrying out the  $44 Million exploit of the Indian cryptocurrency exchange CoinDCX.  In a developing story and unfolding investigation, Police have found a deceptive job scam that exploited an unsuspecting employee that led to the theft of approximately $44 million in digital assets. CoinDCX reported a major security breach a couple weeks ago, with authorities revealing that the incident stemmed from a social engineering scheme in which cybercriminals posed as legitimate recruiters to gain…

  • Philippines Government
    Regulation

    Philippines Government Spending On Polygon Blockchain 

    July 31, 2025 - By 

    In a transformative step toward government transparency and digital innovation, the Philippines Government is set to record their spending on a Polygon blockchain powered platform that allows the public to access and verify select national budget documents in real-time. The Philippine’s Department of Budget and Management (DBM) has officially announced the move at Boncodin Hall in the DBM Central Office, representing a historic first in the use of blockchain technology to publish and secure public financial records.  Accessible via blockchain.dbm.gov.ph, the new system enables anyone to view tamper-proof versions of two critical budget documents: the Special Allotment Release Orders (SAROs)…

  • Chainlink_Acknowledged_By_The_White_House_As_Key_Player_In_Crypto_Infrastructure
    Altcoins

    Chainlink ($LINK) Gets White House Recognition!

    July 31, 2025 - By 

    Chainlink just earned a major spotlight, this time from the White House. In its newly released Digital Asset Report, the U.S. government officially recognized Chainlink as a critical building block in the future of digital finance.  The report highlights how Chainlink’s decentralized oracles play a vital role in connecting blockchain networks to real-world data, whether it’s market prices, updates, or economic indicators. This connection is what allows smart contracts to function in real time, reacting to actual events rather than just code. It’s a big moment, especially as decentralized applications (dApps) become more central to modern finance. From trading and…

  • Bolivia_calls_crypto_‘reliable_alternative_to_fiat_in_El_Salvador_partnership
    Cryptocurrency

    Bolivia Turns to Crypto Amid Deepening Currency Crisis

    July 31, 2025 - By 

    Since lifting its crypto ban three months ago, Bolivia has seen a major surge in digital asset activity. The country’s central bank reported $46.8 million in crypto trading volume, averaging $15.6 million monthly, more than double the monthly average of the prior 18 months. This rising momentum has continued into 2025, with total crypto volume hitting $294 million by June 30, according to a letter from the Central Bank of Bolivia. The country’s growing embrace of crypto comes as it struggles with a severe currency crisis. In March, Bolivia’s state-owned oil and gas company, Yacimientos Petrolíferos Fiscales Bolivianos, received the…

  • Bank_of_Korea_to_launch_virtual_asset_committee_to_monitor satblecoin and crypto
    Stablecoin

    Bank of Korea Restructures Teams Amid Stablecoin and Crypto Push

    July 31, 2025 - By 

    Bank of Korea (BOK) is forming a new Virtual Asset Committee to keep a closer eye on the crypto market, according to Yonhap News. As part of the shift, the BOK has renamed and refocused its central bank digital currency (CBDC) unit to more actively study digital currencies. An official from the Bank said the newly formed Virtual Asset Team will also handle discussions around stablecoins and other digital assets, and work closely with the government as lawmakers push forward crypto-related legislation. The move comes as South Korean banks explore launching won-pegged stablecoins, and as lawmakers propose new rules to…