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Hong Kong has introduced strict crypto custody rules, banning smart contracts for cold wallets and tightening security standards for custodians.

Spot Ether ETFs are set to record their strongest weekly performance ever, with inflows already surpassing $2.9 billion.

New York Assemblymember Phil Steck introduced a bill that would see the state tax the sale and transfer of crypto assets.

The US government redesignated Garantex on Thursday to its list of sanctioned entities, along with its successor, Grinex, but TRM Labs suggests it may be ineffective.

While some Ether holders expect new all-time highs within the next few days, a Nansen analyst said it may be weeks or months away.

Crypto address poisoning scams exploded this week, with one victim losing $636,000 in Ether due to a purposefully contaminated wallet history.

Bitcoin dominance has fallen to a six-month low while altcoin market cap has jumped 50% since July, setting the stage for a potential September altseason, said Coinbase.

Nakamoto, a Bitcoin entity established by Trump crypto adviser David Bailey, and KindlyMD have merged to establish a new Bitcoin treasury company.

A crypto trader said Bitcoin is at a “key resistance,” similar to the level where it topped in 2021, but other traders argued historical charts can’t be applied to this cycle.

Over 80 crypto and fintech executives asked the Trump administration to stop banks from levying data access fees, which threaten their business models.

Web3 gaming funding steamed back as daily unique active wallets rose 2% to 4.9 million in July, in signs of a maturing industry.

US Treasury Secretary Scott Bessent clarified that the department was exploring budget-neutral ways to buy Bitcoin, contradicting an earlier comment that tanked the market.

Bitmain recently announced it would open its first BTC mining hardware manufacturing facility in the United States by the end of 2025.

South Korea’s retail investors dump Tesla for Ethereum treasury companies. Thai crypto mule account crackdown.

Citi is exploring cryptocurrency custody and payment services, with an initial focus on stablecoin-backed assets.

The bureau warned that anyone offering recommendations on a “crypto recovery law firm” or claiming to be a lawyer could be targeting the victims of crypto scams.

The company has experienced rapid growth in less than two years, reaching an annual recurring revenue of $80 million and a valuation of $18 billion.

Bitcoin’s drop from $124,000 to $117,500 sparked $227 million in liquidations, with traders showing neutral sentiment despite inflation data and Fed uncertainty.

The Office of Foreign Assets Control said it was taking additional action against the crypto exchange after including it on its list of Specially Designated Nationals in 2022.

The crypto exchange has been steadily acquiring companies to diversify the range of services it offers to clients.

Bitpanda enters the UK with 600+ crypto assets, an Arsenal FC partnership and B2B white-label services, but faces stiff competition in a market stalled by slow regulation.

Bitcoin slid to $117,400 after hotter-than-expected US PPI data dampened Fed rate cut hopes, sparking inflation fears and weighing on crypto and stocks.

The Bitcoin miner’s pivot into AI infrastructure hosting includes a decade-long colocation agreement with Fluidstack, backed by Alphabet’s Google.

Charles Schwab, Fidelity and other TradFi giants are hiring senior crypto talent as clearer US rules spur a push into digital assets.

Block’s Proto Rig and Proto Fleet aim to reduce upgrade costs and extend rig lifespans, giving miners a potential edge in a capital-intensive, increasingly AI-integrated industry.

ETH traders and bets on Polymarket predict that Ether price will hit $5,000 before the end of August.

Military Bank, a Vietnamese state-controlled lender, has partnered with the parent company of South Korea’s Upbit exchange, Dunamu, to develop a cryptocurrency exchange.

The cryptographic math once dismissed as fringe is now shaping US policy and bank infrastructure. StarkWare’s Eli Ben-Sasson said it’s only the beginning.

Bitcoin fell below $119,000 on Thursday after US Treasury Secretary Scott Bessent said the government will not make new BTC purchases to fund a Bitcoin reserve.

BtcTurk halted deposits and withdrawals, citing a “technical issue” with hot wallets, while trading and local currency withdrawals and deposits remained active.