News linked to this event type.
: The Ethereum Foundation has announced that Pascal Caversaccio, also known as pcaversaccio (or "pc"), has joined its Board of Directors, increasing the board's membership to four.Caversaccio is a co-founder of the Ethereum security organization SEAL 911 and a well-known security expert and privacy advocate within the crypto ecosystem. He has gained attention for his technical security capabilities, as well as his commentary on cypherpunk culture, privacy, and decentralization, and is the author of the "Ethereum Cypherpunk Manifesto".Aya Miyaguchi, Chair of the Ethereum Foundation, stated that Caversaccio brings not only security and privacy expertise but also practical experience highly aligned with Ethereum's core values. She expressed anticipation for the new perspective he will bring to the foundation, pushing it to think more deeply about security and privacy issues.Currently, the Ethereum Foundation Board of Directors includes Aya Miyaguchi, Ethereum co-founder Vitalik Buterin, Swiss legal representative Patrick Storchenegger, and the newly added Caversaccio. The foundation stated that the board acts like a "security committee," responsible for protecting the foundation's core mission and ensuring its compliance as a Swiss foundation.This appointment is also part of recent adjustments within the Ethereum ecosystem's governance. As the foundation has faced discussions regarding organizational changes, governance transparency, and roadmap coordination in recent years, the inclusion of a figure focused on security and privacy on the board may further strengthen Ethereum's cypherpunk positioning and long-term value narrative.
Hawkins County Commissioners in Tennessee, USA, have passed a ban with a vote of 12 in favor and 0 against, prohibiting the establishment, construction, installation, expansion, and operation of crypto mining facilities and data centers in the county's unincorporated areas. The commission had previously passed a similar ban in September 2025 to prevent digital asset company ExoticRidge from conducting mining operations locally, and confirmed its relevant authority through a resolution in January. ExoticRidge and Hawkins County officials proposed a settlement in January that would allow the company to build and operate facilities under noise restrictions. The proposed terms require that A-weighted decibel noise at the property boundary must not exceed 80 decibels for more than 30 minutes within any 4-hour period. A law signed in Tennessee in April has already stipulated that, effective July 1, the use and installation of cryptocurrency ATMs and kiosks will be illegal, with the restrictions targeting incidents where residents use the devices to transfer funds to scammers.
the token is issued by Anchorage Digital Bank, can be natively minted and redeemed on Celo, and can be directly used to pay on-chain gas fees via Celo's fee abstraction mechanism. USAT went live in January this year and currently has a market cap of approximately $185 million.
According to TNW, the Cyberspace Administration of China released a draft of rules on cyberbullying governance on July 29 and opened it for public comment. The draft requires platforms to establish cyber violence content detection classifiers, provide users with a "one-click protection" function, and implement blacklist management and regular reporting mechanisms for violating accounts. It is worth noting that the draft explicitly includes AI-generated deepfake images and synthesized harassment text within the scope of regulation. Q&A platform Zhihu has responded in advance by restricting the use of anonymous accounts.
According to Decrypt, a report released by the Consumer Federation of America (CFA) shows that estimated losses from cryptocurrency fraud in the US in 2025 reached as high as $80.7 billion, approximately 7 times the amount actually reported to the FBI ($11.37 billion). Based on 2017 Bureau of Justice Statistics survey data, the CFA extrapolated unreported losses using a 7.1x multiplier. Investment fraud was the largest single category, with estimated losses reaching $61.4 billion, a year-on-year increase of 32%; losses were particularly severe for the group aged 60 and above, with losses from crypto fraud alone reaching $4.4 billion. Currently, US law enforcement agencies have taken multiple actions, including the FBI's "Operation Level Up" which has prevented approximately $500 million in losses, and the Department of Justice has also seized over $25 million in crypto assets involved in fraud.
According to CoinDesk, Coinbase Canada's new CEO Eric Richmond stated at the Toronto Blockchain Futurist Conference that Coinbase aims to become Canada's "all-in-one exchange," fully introducing products such as derivatives, decentralized finance (DeFi), and tokenized assets into the Canadian market to achieve "24/7, seamless, frictionless" one-stop financial services.
According to Bloomberg, the UK Competition and Markets Authority (CMA) announced an investigation into Microsoft to verify whether, after bundling Copilot AI features into the Microsoft 365 suite (including apps such as Word, Excel, Outlook, etc.) and raising prices, it fully disclosed relevant subscription price change information to users. Regulators are concerned that consumers may be forced to pay higher fees without clear notification.
According to reporter Eleanor Terrett (@EleanorTerrett), the controversy surrounding the BRCA provisions in the Clarity Act continues to intensify. Two key groups representing prosecutors have submitted amendment proposals to the White House, proposing to remove relevant provisions protecting software developers from criminal prosecution, but the National Sheriffs' Association (@NationalSheriff), which previously publicly opposed the Clarity Act, did not co-sign the proposal. In response, both the White House and the Treasury denied Senator Cortez Masto's claim that "the proposal reflects their position." Crypto Council Executive Director Patrick Witt stated that the proposal is "far from" the government's position, while the Treasury directly pointed out that the wording of the relevant provisions came from Washington lobbyists.
: Prediction market platform Polymarket has announced the establishment of the Polymarket Institute, dedicated to funding independent academic research on how prediction markets can replace traditional polling and forecasting models in large-scale scenarios. The institute is fully funded by Polymarket and operates internally within the company. Its Executive Director is Polymarket's Head of Data, Kai Brusch, and its Scientific Director is Brian Jabarian, Assistant Professor of Economics and Technology at Carnegie Mellon University. Research directions include information aggregation, risk management, and intersections with AI, policy, and crypto markets.
According to CNBC, Musk's xAI (now merged into SpaceX) filed a lawsuit with the Minnesota federal court this Monday, challenging a state law set to take effect this Saturday—the law prohibits generating AI-generated sexualized images without the subject's consent ("nudify" apps), with fines of $500,000 per violation. xAI's legal team argues the law "imposes overly broad content restrictions on freedom of speech and visual expression tools," violating the First Amendment of the U.S. Constitution, and pointed out that if users generate 100,000 violating images, the company would face exorbitant fines of up to $50 billion. It is worth noting that xAI is currently also facing a class-action lawsuit alleging its Grok AI was used to generate child sexual abuse material (CSAM).
According to CoinDesk, the world's largest custodian bank, The Bank of New York Mellon (BNY), announced it will migrate its transfer agent core bookkeeping business to the blockchain, involving approximately $8.6 trillion in assets and 7.6 million accounts, aiming to establish a single on-chain ownership ledger and reduce reliance on multi-layer intermediaries. BNY client Baillie Gifford (managing over $261 billion) will be the first to use the service, launching the UK's first fully locally regulated tokenized fund, while BlackRock and its money market business Dreyfus also plan to follow suit. BNY stated that existing traditional systems will continue to run in parallel, with trillions of dollars in funds remaining on the traditional track in the short term.
: BNY Mellon is migrating its core transfer agent records onto the blockchain to create a single, on-chain ownership ledger and reduce reliance on intermediaries. The initiative will initially support clients including Baillie Gifford, BlackRock, and BNY's own Dreyfus, covering the first fully native, UK-regulated tokenized fund and other planned tokenized products. BNY and other major banks are building blockchain-based infrastructure and tokenized deposit networks. The bank anticipates that legacy systems will continue to coexist for several more years amid persistent cybersecurity and smart contract risks.
According to Bitcoin.com, Binance's investigation team, jointly with India's Narcotics Control Bureau (NCB) and the Data Security Council of India (DSCI), successfully dismantled the darknet drug trafficking organization "Team Kalki". Reportedly, the gang used cryptocurrencies, the encrypted communication platform Session, the darknet forum Dread, and "dead drop" methods to distribute drugs within India, with supply originating from overseas suppliers; authorities have seized a large quantity of drugs from domestic and international packages. Binance and DSCI assisted law enforcement officers in identifying and freezing crypto assets related to the gang through blockchain analysis and wallet tracking technology. Binance Asia-Pacific Head S.B. Seker stated that the public transparency of blockchain makes illegal transactions easier to track and investigate.
Odaily Odaily News Bloomberg ETF analyst Eric Balchunas posted on the X platform that during the hearing, Lee Jongwook, a lawmaker from the South Korean People Power Party, told Koo, "This country has turned into a casino. These products should never have been allowed on the market. I believe this is a policy failure."Eric Balchunas stated that South Korean politicians are using 2x leveraged ETFs to criticize the government, but the real cause of the bubble and correction is the AI boom driving massive interest in memory chip manufacturers, with 2x leveraged ETFs merely being a tool to gain related exposure. He also noted that South Korea might not be the best market for 2x single stock ETFs, as the underlying stocks have insufficient liquidity, making it easier for derivative products to inversely affect the underlying assets.
Bitcoin News posted on platform X, stating that New Hampshire Governor Kelly Ayotte has signed HB 639 into law to enhance legal protections for Bitcoin and digital assets. The law protects self-custody rights, prohibits state and local governments from restricting blockchain use, bans discriminatory cryptocurrency taxes on purchases, exempts miners from money transmitter licensing requirements, and establishes a dedicated court docket for blockchain disputes. This measure further solidifies legal certainty for Bitcoin users, miners, and the broader digital asset industry.
According to Forbes, consulting firm EY conducted a survey of 500 U.S. business owners with annual revenues exceeding $5 million. The results show that over 75% of respondents have integrated AI into business processes at least partially, with 10% having achieved full implementation. Entrepreneurs' expectations for AI center on three major areas: driving revenue growth through sales and marketing (57%), reducing operating costs (55%), and improving customer experience (49%). However, due to the difficulty in quantifying the actual benefits of AI, over one-third of respondents reduced technology spending, including AI, in the past year, generally exhibiting a prudent attitude of "seeing returns first, then increasing investment." In terms of talent and organization, 88% of respondents expect employee headcount to expand within the next 12 months, 42% are redesigning job responsibilities to integrate human-machine collaboration capabilities, but 46% of respondents also point out that insufficient talent and professional expertise are the main obstacles to implementing AI at scale.
据 Cointelegraph 报道，韩国金融服务委员会拟制定一项涵盖稳定币和加密货币交易所的综合性加密资产法案；议员正考虑废除原定于 2027 年实施的 22% 加密资产税。
According to Bitcoin.com, digital asset wealth platform Nexo announced the completion of an upgrade to its European Economic Area (EEA) operational structure to comply with the EU's Markets in Crypto-Assets Regulation (MiCAR). Nexo chose to partner with two entities regulated by the German Federal Financial Supervisory Authority (BaFin) rather than directly applying for a single MiCAR license: Tangany holds a MiCAR license and is responsible for providing segregated digital asset custody infrastructure; DLT Finance holds both MiCAR and MiFID II authorizations and is responsible for providing brokerage and execution infrastructure. Currently, all of Nexo's services in the EEA are operating seamlessly without any interruption.
According to Yonhap News, economists at the Bank for International Settlements (BIS) warned in an analysis in their monthly bulletin that the AI boom is blurring economic signals, increasing the risk of central banks making serious policy errors. The analysis pointed out that AI's impact on investment, trade, and asset prices has reached an "observable" scale, sufficient to influence global economic prospects in real time, and continues to support economic growth amidst trade disputes and geopolitical shocks; U.S. spending on data centers and IT manufacturing facilities has risen to 0.8% of GDP, and the wealth effect from AI-driven stock price increases is also stimulating consumption. Meanwhile, if AI boosts productivity or triggers unemployment concerns, it may produce a disinflationary effect. BIS economists warned that short-term inflationary effects may already be emerging, while disinflationary effects will be more gradual; once central banks overestimate productivity gains or underestimate underlying demand growth, they will face the risk of keeping interest rates too low and inflation spiraling out of control.
hardware wallet company Trezor stated there is a distinction between Bitcoin self-custody and holding Bitcoin credit exposure. When users store assets on exchanges, brokerages, or funds, they are actually relying on third-party ledger records and withdrawal arrangements. The company noted that after the full implementation of new EU crypto regulations, some exchanges that failed to obtain licenses in time have stopped offering regulated services to EU users. Trezor stated that its founders Marek Palatinus and Pavol Rusnák launched the first hardware wallet 12 years ago, moving private keys from internet-connected computers to dedicated devices. Trezor explained that private keys are generated on the device and never leave it, with transactions being signed inside the device before being sent. Trezor CCO Danny Sanders previously stated that if users put Bitcoin into ETFs and call it Bitcoin ownership, it would be one of the worst outcomes for the industry. Trezor estimates that among approximately 600 million global crypto users, about 10% self-custody their private keys, and around 12 to 13 million people use hardware wallets.