The European Parliament’s Committee on Economic and Monetary Affairs has approved its negotiating position on legislation creating a digital euro, moving the European Union one step closer to launching a central bank digital currency designed to strengthen Europe’s payments sovereignty while preserving privacy and financial stability. MEPs voted 43-14 in favour of the proposal, which
Why Does TRON’s $90 Billion USDT Milestone Matter? The circulating supply of USDT on the TRON blockchain has exceeded $90 billion, reinforcing the network’s role as one of the largest settlement layers for stablecoin activity. The milestone comes as stablecoins continue to serve as a core part of crypto market infrastructure, used for transfers, exchange
Why Are Police Investigating Reform UK Donations? British police are investigating at least £500,000 in donations to Nigel Farage’s Reform UK party, placing the populist party’s funding under renewed scrutiny after weeks of questions over its financial affairs. The investigation centers on donations reportedly made before the 2024 UK general election by the mother of
The U.S. Department of Justice reportedly warned prosecutors to expect less cooperation from Binance in crypto-related investigations, raising new questions about law-enforcement access to records and account freezes at the world’s largest cryptocurrency exchange. According to reporting by The Information, a recent DOJ memo told staff that Binance would reduce voluntary cooperation on crypto cases
Russia’s Alfa-Bank plans to expand into cryptocurrency services, including digital asset custody and blockchain-based investment products, as the country’s largest private bank moves to position itself inside Moscow’s evolving crypto regulatory framework. The bank aims to obtain a regulated digital-asset custody license and offer crypto-related services to both retail and corporate clients, according to reports
Zapper, one of decentralized finance’s longest-running portfolio dashboards, will wind down operations and shut down all services on Aug. 3, ending a nearly seven-year run as a widely used tool for tracking crypto wallets, DeFi positions and on-chain activity. Co-founder and CEO Seb Audet announced the decision on Wednesday, saying the company had reviewed multiple
Kraken is leading MiCA-regulated crypto exchanges in spot liquidity, perpetual liquidity and market coverage, according to DefiLlama data, strengthening its position as one of the main beneficiaries of Europe’s new digital asset licensing regime. The dashboard showed Kraken with $399.71 million in spot liquidity and $206.90 million in perpetual liquidity, placing it first among MiCA-regulated
Elon Musk’s SpaceXAI has officially launched Grok 4.5, its latest artificial intelligence model, positioning the system as the company’s most capable offering for coding, agentic workflows and advanced knowledge work. The company said Grok 4.5 is its “smartest model” to date and is built for technical tasks including software engineering, data science, research, finance and
Crypto ETF flows turned negative on Wednesday, July 8, as U.S. spot Bitcoin funds recorded $84.9 million of net outflows, reversing the modest inflow seen a day earlier and showing that institutional demand remained uneven after the Independence Day holiday break. According to Farside Investors, Bitcoin ETFs lost $84.9 million on July 8, while Ether
AI Financial Corporation, the Nasdaq-listed company formerly known as ALT5 Sigma, is in talks to sell its core payments business for up to $15 million, marking a sharp reversal for a firm tied to the Trump family-linked crypto project World Liberty Financial. Perpetuals.com said it has signed a non-binding term sheet to explore the potential