The Bank of Korea has also renamed its CBDC research and development teams to reflect their focus as practical business departments.
Stephen Katte
Stephen Katte is an Australia based journalist who joined Cointelegraph in 2022 as a writer on the Asia-Pacific news desk. He mainly covers crypto crime and regulatory related content. Previously, he wrote gambling related articles for casinos and covered international news with a focus on the United States. He also covered local Australian news with regional papers under the banner of major media company’s Fairfax Media and Nine. He holds a bachelor’s degree in writing from the University of Canberra. Stephen has no crypto holdings above Cointelegraph’s disclosure threshold of $1,000.
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Bank of Korea to launch virtual asset committee to monitor crypto - News
Key player in $13M crypto Ponzi scheme pleads guilty Vincent Anthony Mazzotta Jr has pleaded guilty to money laundering and conspiracy to obstruct justice, which together carry a maximum of 15 years in prison.
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US seeks to claim $2.4M in Bitcoin seized from ransomware group The US is seeking the forfeiture of 20.2 BTC seized by the Dallas FBI from the Chaos ransomware group, adding to the country’s proposed Strategic Bitcoin Reserve.
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BitMine tanks 27% despite touting ETH’s implied value at $60K David Grider, a partner at venture capital firm Finality Capital, said he thinks the Ether treasury company boom should bode well for the long-term price and inflows of the token.
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CZ’s estimated BNB holdings hit $75B as BNB breaks new highs Binance co-founder Changpeng “CZ” Zhao is now worth at least $75 billion after the BNB token hit a new all-time high of $850.70.
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Hulk Hogan, Ozzy memecoins soar as tributes roll in over icons’ deaths Terry Bollea, better known by his wrestling ring name Hulk Hogan, was pronounced dead in a hospital on Thursday at the age of 71, days after Ozzy Osbourne passed away at 76.
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BitMine gobbles over $2B in ETH in 16 days amid treasury arms race Chairman of BitMine’s board of directors, Tom Lee, said the company wants to acquire and stake at least 5% of the total Ether supply, which would be over 6 million Ether.
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Solana block capacity is up 20% and there’s a proposal for it to go even higher Solana isn’t the only network upgrading its block capacity; Ethereum's gas limit increased to just under 45 million units as of Tuesday.
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Scammers pounce as crypto markets touch new all-time highs Ripple warns that bad actors are stealing YouTube accounts and using them to impersonate the firm to shill their scams, including fake “XRP giveaways.”
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SEC approves, then instantly pauses Bitwise’s ETF conversion SEC greenlights Bitwise ETF, then halts it hours later — analysts say politics or missing crypto rules could be behind the sudden reversal.
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UK to ban public sector from making ransomware payments The UK will prohibit its public sector, such as its health service and local councils, from paying ransomware in a bid to “smash the cyber criminal business model.”
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Chinese pork producer turned BTC miner kicks off Dogecoin plan Bit Origin CEO Jinghai Jiang said the company adopted Dogecoin for its treasury because they see its “utility potential for micropayments nearing an inflection point.”
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DeFi Development Corp hits 999,999 SOL, Solana soars 12% DeFi Development Corp CEO Joseph Onorati said the company has no plans to expand its treasury with other crypto. Meanwhile, Solana crossed the $200 mark on Tuesday.
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Blistering NFT ‘sweep’ underway as CryptoPunks, Penguins surge CryptoSlam strategist Yehudah Petscher told Cointelegraph in May he thought the market was poised for a rebound, but with a more tempered outlook.
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Fix incoming for MetaMask bug that’s slowly killing solid-state drives Consensys says it’s aware of a small number of MetaMask users reporting “unusually high disk activity” and will be issuing a fix very soon.
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Satoshi-era Bitcoin whale shifts second 40K BTC pile to Galaxy Digital Kadan Stadelmann, chief technology officer at Komodo Platform, speculates the whale might be securing its “jaw-dropping profits” after 14 years of holding.
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Trump eyes executive order to open up retirement funds to crypto: FT White House spokesman Kush Desai told Cointelegraph that “No decisions should be deemed official,” unless it comes directly from President Trump himself.
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Bitcoin ’wrench attacks’ on track to double its worst year There have already been 35 reported physical attacks on Bitcoiners in just the first seven months of 2025.
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Massive OG Bitcoin whale shifts another $4.7B of BTC to new wallet Lookonchain first noticed the whale in early July, noting its eight wallets received Bitcoin in April and May 2011, before going dormant for over a decade.
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Trump’s World Liberty crypto tokens are set to become tradable Tokenholders of Trump’s World Liberty Financial voted to make their tokens tradable in a landslide vote, which closed on Wednesday.
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GameStop CEO teases crypto payments, says Bitcoin buys are inflation hedge Ryan Cohen says GameStop’s $500 million investment in Bitcoin was to act as a “hedge against inflation and global money printing.”
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Trump cuts deal to end Republican revolt on crypto bills Donald Trump says he's cut a deal with most of the Republican lawmakers that voted against moving forward with three crypto bills over wanting an explicit ban on CBDCs.
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Bitcoin-fueled darknet marketplace vanishes in possible exit scam Abacus commanded around 70% of the market share across all Bitcoin-enabled Western darknet marketplaces in 2024.
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FOMO, lax rules are fueling the crypto crime supercycle Retired DEA agent Bill Callahan tells Cointelegraph that bad actors can make plenty of mistakes and still “make a handsome profit.”
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Jack Dorsey’s new app tracks how much grass you’re touching Sun Day is the second app that the Twitter co-founder has launched in the last week, and it was built using Block’s artificial intelligence assistant, Goose.
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Bitcoin creator Satoshi Nakamoto is the world’s 11th richest person Bitcoin would need to spike at least 208% and hit $370,000 per token for Satoshi Nakamoto to become richer than the top billionaire on the Forbes billionaires list.
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Tasmanian police find top 15 crypto ATM users are scam victims Tasmanian police said they found victims were being directed to crypto ATMs by scammers after regular financial institutions flagged the transactions.
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Florida probes Robinhood’s crypto trading promotion Lucas Moskowitz, Robinhood’s general counsel, told Cointelegraph that the platform’s “disclosures are best-in-class,” and “customers can trade crypto at the lowest cost on average”.
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Australia to test CBDCs, stablecoins in next stage of crypto play The trial is part of Project Acacia, an initiative from the RBA exploring how digital money and tokenization could support financial markets in Australia.
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Snoop Dogg’s Telegram ‘gifts’ sell out in 30 minutes: NFTs back? The NFT lead at the TON blockchain said Snoop Dogg’s sold-out NFT launch could “be the start of a new NFT Narrative.”