Regulation
Investments
Bitcoin’s price drop created $441 million buying frenzy for crypto investment products
CoinShares observed that investors diversified their funds across different digital assets beyond Bitcoin last week.
Adoption
BlackRock’s BUIDL fund inches toward $500 million amid crypto market struggles
BlackRock's BUIDL fund has captured almost 30% of the market in less than four months of its operations.
Crypto
Bitcoin price fluctuates amid Metaplanet acquisition and German sales
Metaplanet buys 42.466 BTC as Germany offloads 1,000 BTC.
Tokenization
Polkadot sees 33% transaction growth as DOT hits seven-month low
Polkadot's DOT token price briefly fell under $5, its lowest value since December 2023.
Exchanges
Taiwan Mobile’s VASP license bid aims to fuse digital assets with mainstream services
Taiwan is pushing ahead with its crypto regulatory efforts to bolster the sector's adoption.
Hacks
Fake X accounts lead to record-setting crypto phishing attacks of $341 million
The top 20 crypto phishing victims of the first half of the year lost $58 million, according to Scam Sniffer.
Exchanges
Europe updates Travel Rule to include crypto service providers in anti-money laundering push
EBA enforces stricter oversight on crypto transfers under revised Travel Rule.
Mining
Bitcoin Cash hash rate hits yearly peak as Phoenix dominates 90% of the network
Bitcoin Cash's BCH token price has slumped to a four-month low amid the broader crypto market struggles.
Bankruptcy
Mt. Gox $2.7 billion repayment news drives Bitcoin to five-month low under $55,000
Bitcoin's decline triggered one of the largest liquidation events for this year.
Regulation
South Korea to tighten crypto exchange oversight with new monitoring system
South Korean exchanges have adopted new crypto guidelines to prevent mass token delistings.
Gaming
Web3 Foundation funds Dot Play to elevate Polkadot gaming ecosystem
Dot Play is saddled with transforming Polkadot's game development and attracting new talents into the network.
Community
Justin Sun eyes $2.3 billion German Bitcoin stash despite community skepticism
Market stakeholders question if Sun would pass the due dilligence that would be involved in the transaction.
