Dragonfly Capital could be the target of federal charges stemming from its early investment in Tornado Cash developer PepperSec, Inc., but the venture firm says it is prepared to “vigorously defend” itself if prosecutors pursue the case.
In a Friday social media post, Dragonfly Capital managing par

Defense attorneys representing Tornado Cash co-founder and developer Roman Storm will reportedly rest their case sometime next week, sending the matter to the jury.
According to reporting from Inner City Press on Friday, Judge Katherine Failla said she expected to hear closing statements from

The tokenization of money market funds marks a significant step in preserving the appeal of “cash as an asset,” especially as the growing adoption of stablecoins threatens to erode the attractiveness of traditional fund offerings, according to JPMorgan strategist Teresa Ho.
Commenting on recent

Opinion by: Angie Darrow, chief marketing officer and chief ecosystem communications officer at Web3 Foundation
When a temporary data cloud outage can disrupt the global financial system — as the AWS Tokyo outage demonstrated in April — something’s gone wrong with the infrastructure that

Smart contract developers and auditors told Cointelegraph that artificial intelligence usage in programming will make crypto safer despite earlier reports suggesting that AI-generated code may introduce new security risks.
A November 2024 report by the Center for Security and Emerging Technology

Sharplink, a major public company with significant Ether holdings, has hired a veteran BlackRock executive as the corporate Ether treasury race heats up.
Former BlackRock senior executive Joseph Chalom has joined Sharplink as its new co-CEO, effective July 24, the company announced on Friday.
In h

Vietnam has officially launched a national blockchain platform designed to serve as the backbone for its expanding digital ecosystem
On Friday, Vietnam announced the launch of a state-run blockchain network, which will verify digital transactions and records across different sectors
The new plat

Ripple USD, a stablecoin issued by XRP coin issuer Ripple, was initially marketed as an “enterprise-focused” stablecoin but has since gained notable traction among retail users.
Ripple officially introduced

An Arizona woman has been sentenced to more than eight years in federal prison for helping North Korean operatives infiltrate US cryptocurrency and tech firms using stolen identities and fraudulent documents.
According to a Thursday announcement by the US Attorney’s Office for the District of

The non-fungible token (NFT) market is showing signs of a resurgence, as the sector’s total market capitalization reached $6.6 billion in July, according to the data platform DappRadar
The platform reported Thursday that the figure represents a 94% increase from the previous month. Weekly

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YouTuber Logan Paul shouldn’t be allowed to blame the co-creators for the failure of his crypto project CryptoZoo to escape a lawsuit, a US judge has advised.
Magistrate Judge Ronald Griffin on Tuesday urged a federal court in Austin, Texas, to deny Paul’s request for a default judgment against Cry

More than half a billion in long positions were liquidated across the crypto market on Friday as the price of Bitcoin slipped below $116,000 amid a broader market tumble.
According to CoinGlass data, $585.86

UK auction house Christie’s is reportedly spinning up a new division to allow crypto to be used for real estate purchases in the firm’s latest expansion of its digital asset services.
Christie’s International Real Estate now offers a team of crypto experts, lawyers and analysts to facilitate

Maximal-extractable value (MEV) on the Ethereum network is becoming increasingly centralized, with arbitrageurs tightening their grip on transaction ordering.
According to a recent research paper, these arbitrageurs, called “searchers” in the paper, are increasingly in-house or have exclusive

Key takeaways:
A hidden bearish divergence on the RSI hints at weakening bullish momentum for Bitcoin.
A CME gap between $114,000–$115,000 could act as a magnet
Market cyclicality and an assortment of indicators show Bitcoin in a distribution zone.
Bitcoin (BTC) is showing signs of potential we