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Bitcoin rejects at $116K despite US jobs win as Fed rate cut bets pass 75%

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Hashgraph unveils IDTrust to challenge Worldcoin and Microsoft

The Hashgraph Group (THG) has launched a self-sovereign identity (SSI) platform called “IDTrust” to provide a blockchain-based digital identity solution for individuals and institutions
In an announcement sent exclusively to Cointelegraph, THG said the IDTrust platform is built on the Hedera
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Andreessen Horowitz warns of loopholes in draft crypto rules

Venture capital firm Andreessen Horowitz (a16z) is calling on US lawmakers to revise a draft crypto regulation bill, warning that the proposed framework could open dangerous loopholes and undermine investor protections.
In a Thursday open letter to the US Senate Banking Committee, the investment fi
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Ray Dalio sells final Bridgewater stake after predicting debt collapse

Billionaire investor Ray Dalio has said his final goodbye to Bridgewater Associates, a hedge fund giant he founded 50 years ago.
Dalio has sold his last remaining stake in Bridgewater and stepped off its board, The Wall Street Journal reported on Thursday.
After buying Dalio’s shares, Bridgewater
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Bitcoin ends record month at $115K with BTC price set for 'vertical' August

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Salvadoran President Nayib Bukele can now run for election indefinitely

El Salvador’s legislature has approved sweeping constitutional changes allowing indefinite presidential reelection, effectively enabling President Nayib Bukele to remain in power beyond his current term.
The package of five reforms, passed in a 57–3 vote by Bukele’s New Ideas party and allies,
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Bitcoin fills July CME gap 'to the dollar' amid $104K BTC price target

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Michael Saylor joins chorus for clarity as US works to legally define crypto

Strategy’s Michael Saylor has joined the call for the US to create a formal crypto taxonomy to clearly define when a security can be tokenized and what constitutes a digital security or commodity
“My opinion is it would be beneficial to the market if they nail down the digital assets taxonomy,” Sa
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Ethereum researcher pitches ‘Lean’ network for quantum era

Ethereum Foundation researcher Justin Drake has proposed “Lean Ethereum,” a plan to make the layer-1 smart contract network quantum-secure, while also simplifying Ethereum’s tech stack, which includes the consensus layer, data layer and execution layer
The researcher proposed zero-knowledge
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SEC crypto ETFs ruling brings structural fix, not retail shakeup: Analysts

The US Securities and Exchange Commission’s recent decision to let crypto ETF issuers swap Bitcoin and Ether directly for fund shares represents a structural upgrade, not a retail revolution, analysts say.
Bloomberg’s Eric Balchunas called the change “a plumbing fix,” noting it won’t
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Perpetual DEX aims to solve the core problems of onchain trading — Here’s how

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Blockstream debuts Simplicity as Bitcoin’s answer to Ethereum’s Solidity

Blockstream, the developer of Bitcoin’s layer-2 protocol Liquid and led by Bitcoin cypherpunk Adam Back, has launched Simplicity, a new smart contract language designed for Bitcoin.
According to a Thursday announcement shared with Cointelegraph, Simplicity smart contracts will be integrated into Li
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The rise of Money2: The next financial system has already begun

Opinion by: Michael Egorov, founder of Curve Finance
The crypto world shifts its focus every few months, with headlines buzzing about AI, integrations, memecoins and grand Web3 visions
While the spotlight moves from trend to trend, a quieter, deeper transformation is taking place beneath the
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Appeals court overturns Nate Chastain's conviction in OpenSea insider trading case

A US federal appeals court has overturned the conviction of Nathaniel Chastain, a former OpenSea manager found guilty of wire fraud and money laundering for using insider information to trade non-fungible tokens.
In a Thursday decision, the Second Circuit ruled that the jury was improperly
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