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ZachXBT Calls Hardware Wallets Garbage as Trezor Defends…

Why Are Hardware Wallets Under Scrutiny? Trezor Chief Commercial Officer Danny Sanders has pushed back against recent criticism of crypto hardware wallets, arguing that the category still offers the strongest practical form of self-custody for most users despite clear usability problems. The debate began after blockchain investigator ZachXBT said he did not advise using hardware

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FTX to Begin $900 Million Creditor Distribution on July 31

What Is FTX Paying Creditors This Time? FTX will begin distributing roughly $900 million to eligible creditors starting July 31, marking the fifth repayment round under the failed crypto exchange’s Chapter 11 bankruptcy plan. Eligible recipients are expected to receive their funds within 3 business days through BitGo, Kraken, or Payoneer. The distribution applies to

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Strategy’s Bitcoin Pivot Eases Liquidity Pressure but…

What Changed in Strategy’s Capital Framework? Strategy’s new digital credit capital framework has reduced the company’s immediate liquidity concerns by rebuilding cash reserves, pausing bitcoin purchases, and creating new tools for dividend funding, interest payments, and share repurchases. The framework, announced on June 29, marks a shift from aggressive bitcoin accumulation toward more active balance

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Crypto ETF Flows Stay Positive on July 15 as Bitcoin and…

U.S.-listed crypto ETFs remained in positive territory on Wednesday, July 15, with Bitcoin and Ether funds extending their inflow streak even as Solana products slipped into a modest net outflow. According to Farside Investors, spot Bitcoin ETFs recorded $107.7 million of net inflows on July 15. Ether ETFs added $53.9 million, while Solana ETFs saw

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Business

Anthropic to Meet IPO Investors in Coming Weeks as October…

Anthropic is preparing to meet with prospective IPO investors in the coming weeks, according to Bloomberg reporting cited by PYMNTS and Investing.com, as the artificial intelligence company moves closer to a potential public listing that could come as soon as October. The planned investor meetings would mark the next stage in Anthropic’s path toward the

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Business

SpaceX Shares Slip Below $135 IPO Price as Post-Debut Rally…

SpaceX shares fell below their $135 IPO price for the first time on Wednesday, marking a psychological break for one of the most closely watched public listings of the year and underscoring growing investor caution toward high-valuation technology debuts. The stock dropped to just below $133 in midday trading, according to MarketWatch, down about 2.4%

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Galaxy Launches Morpho Vault Business for Institutional…

Why Is Galaxy Moving Deeper Into Onchain Lending? Galaxy Digital has launched an institutional vault curation business on Morpho, expanding its onchain finance strategy with a product built for clients seeking yield on idle stablecoin balances without running decentralized finance infrastructure themselves. The offering, called Galaxy Curator, is available through Fireblocks Earn. The integration gives

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EXMO.com to Shut Down After UK Russia Sanctions Hit Group

Why Is EXMO.com Shutting Down? Cryptocurrency exchange EXMO.com is beginning an orderly wind-down after UK sanctions imposed on legal entities within its group cut off its ability to continue operating. The company said the closure follows the May 26 designation of entities within the EXMO.com group under the UK’s Russia sanctions regime. EXMO disputes the

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Webull Secures Dutch MiCA Approval for Late-2026 Crypto…

Why Does Webull’s Dutch Approval Matter? Webull’s European unit has secured authorization under the European Union’s Markets in Crypto-Assets Regulation, giving the online brokerage a regulatory route to launch crypto custody and related services from the Netherlands. The approval initially covers the Dutch market. Webull said it is still awaiting passporting approval before extending the

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Business

Bolivia Weighs USDT Integration Amid Deepening Dollar…

Why Is Bolivia Looking at USDT Now? Bolivia is evaluating whether to integrate Tether’s USDt into its national payments system, a move that could make the country one of Latin America’s most significant test cases for stablecoin use in everyday finance. Economy and Public Finance Minister Jose Gabriel Espinoza said Monday that the government is

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