Czech police have reportedly arrested darknet founder Tomas Jirikovsky in a $45 million Bitcoin bribery case tied to former Justice Minister Pavel Blazek’s resignation.
Helen Partz
Helen Partz is a veteran cryptocurrency journalist who has been reporting for Cointelegraph since 2017, when she published her first article on the platform. Over the years, she has consistently covered major developments in the crypto space, with a focus on Bitcoin, exchange-traded funds (ETFs), self-custody, stablecoins, digital payments and global regulatory trends. She holds a diploma in linguistics education and approaches her writing with a focus on making complicated crypto topics easy to understand for everyday readers around the globe. Helen has no crypto holdings above Cointelegraph’s disclosure threshold of $1,000.
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Czech police arrest darknet founder in $45M Bitcoin donation case - News
BtcTurk halts withdrawals amid suspected $48M crypto hack BtcTurk halted deposits and withdrawals, citing a “technical issue” with hot wallets, while trading and local currency withdrawals and deposits remained active.
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US spot Ether ETFs see 2nd-biggest inflows on record as ETH nears new high Spot Ether ETFs printed the second-largest daily inflows on record at $729 million on Wednesday, following the record $1.02 billion that poured into ETH funds on Monday.
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BitGo backs Central Asia’s first spot Bitcoin ETF in Kazakhstan The growing role of platforms like BitGo in spot Bitcoin products worldwide is a double-edged sword, according to market observers.
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USDC issuer Circle to launch new layer-1 Arc blockchain this year USDC issuer Circle introduced its layer-1 blockchain, Arc, and said its Q2 revenue and reserve income increased 53% year-over-year.
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ARK Invest buys $19M of Jack Dorsey’s Block as stock tumbles to $73 ARK Invest’s latest Block purchase is its first in months, signaling a potential shift in the company’s investment strategy.
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Strategy adds $18M in Bitcoin on fifth anniversary of BTC strategy Michael Saylor’s Strategy added another $18 million in Bitcoin last week to mark the fifth anniversary of its BTC buying strategy, bringing its total holdings to 628,946 BTC.
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Crypto ETP inflows hit $572M as Bitcoin and Ether rebound Ether ETPs continued to lead the market last week, attracting the biggest inflows among other crypto assets at almost $270 million.
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UK regulator lifts ban on crypto ETNs for retail investors After banning retail access to crypto ETNs and derivatives in 2021, the FCA has reversed its approach in favor of ETN access for retail.
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Ray Dalio sells final Bridgewater stake after predicting debt collapse While continuing to voice economic warnings, Bridgewater founder Ray Dalio recently increased his recommended allocation to Bitcoin and gold to 15%.
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Deutsche Bank-backed EURAU stablecoin launch: Key things to know AllUnity’s EURAU stablecoin launches as euro-denominated stablecoins account for just 0.2% of the stablecoin market despite surging 60% since late 2024.
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CoinDCX employee arrested in connection with $44M crypto hack: Report CoinDCX operator Neblio reportedly filed a complaint against software engineer Rahul Agarwal after discovering that his credentials had been compromised through his work laptop.
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Ripple’s Schwartz defends low XRPL volume, says banks settle offchain Ripple claims hundreds of bank partners, but with a 30%–40% drop in XRPL activity and institutional use concentrated offchain, transparency concerns persist.
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Indonesia raises taxes on crypto exchange sales and miners Indonesia’s Finance Ministry raised taxes for crypto miners and sellers, while exempting some crypto transactions from VAT.
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China’s JD.com registers ‘Jcoin’ ahead of Hong Kong stablecoin regime China’s JD.com announced plans for a Hong Kong dollar stablecoin last summer and is now expected to be among the first issuers under HKMA’s stablecoin regime.
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Europe risks USD dominance without common stablecoin rules: ECB adviser The US Genius Act is similar to Europe's MiCA in spirit, but also is "more lenient" in some areas, ECB adviser Jürgen Schaaf said.
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Strategy skipped Bitcoin buys last week amid new equity offering Michael Saylor’s Strategy did not purchase any Bitcoin last week, reporting just two acquisitions in July totaling 10,445 BTC, a 39% drop from June.
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Crypto funds see $1.9B inflows as Ether leads weekly gains Although Bitcoin ETPs saw losses against altcoin funds last week, the trend probably implied the anticipation of ETFs rather than a broad altcoin season, CoinShares’ head of research said.
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Sharplink hits back at BitMine’s $2B Ether buy with BlackRock hire SharpLink has hired a 20-year BlackRock veteran just one day after its biggest Ether-buying rival, BitMine, disclosed a massive ETH purchase.
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XRP issuer Ripple sees its RLUSD stablecoin grow among retail users Although some Ripple executives initially suggested that RLUSD might be limited to institutional use, the stablecoin is gaining traction in retail.
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BlackRock Ethereum ETF becomes 3rd-fastest to hit $10B in assets BlackRock’s iShares Ethereum ETF reached $10 billion in assets in just 251 days since its launch one year ago, while its Bitcoin ETF took only 34 days to break the milestone.
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FTX to begin $1.9B payouts in September as claims no longer disputed FTX’s next $1.9 billion distribution may include repayments to jurisdictions questioned in an earlier motion that is being rewritten, creditors say.
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CoinShares secures French MiCA license, cementing EU presence In addition to its presence in the EU, CoinShares has expanded in the US market since entering it in 2023, aiming to compete with major industry peers.
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Ozzy Osbourne’s death sparks 400% surge in CryptoBatz NFTs Though modest compared to 2022 levels, the latest spike in Ozzy Osbourne’s CryptoBatz NFTs could signal an NFT market rebound.
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Sharplink buys $259M in Ether as ETH accumulation race heats up SharpLink bought 79,949 ETH — its largest such purchase — to reclaim its status as the world’s largest public ETH holder.
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Bitget Wallet launches first fiat withdrawal option via MoonPay Bitget Wallet’s direct withdrawal launch for USDT and USDC reflects the growing demand for ways to exit crypto positions without relying on centralized exchanges.
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Strategy adds $740M of Bitcoin as price surges past $122K Michael Saylor’s Strategy made a fresh $739.8 million investment in Bitcoin last week, with total holdings now reaching 607,770 BTC.
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$3.4B in Ether lost forever due to user errors, Coinbase warns Ether lost due to bugs and user errors has surged 44% since March 2023, according to Conor Grogan, head of product at Coinbase.
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Crypto funds post record $4.4B inflows as Ether ETPs break 2024 gains Crypto funds posted record weekly inflows at $4.4 billion, with Ether ETP gains surpassing 2024 totals at $6.2 billion.
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Why FTX ruling on China payouts matters: Global precedent at stake A US bankruptcy court is set to decide whether to block creditor payouts to certain countries after receiving nearly 70 objections from creditors in China, Saudi Arabia and more.