MiCA Targets USDT in Europe, But Global Demand Persists

Europe’s crackdown on Tether’s USDT is entering a new phase. When Revolut told European users it would delist USDT after Aug. 31, it became another in a long line of European platforms restricting access to the world’s largest stablecoin as firms adapt to the requirements of the EU’s Markets in Crypto-Assets (MiCA) regulation. MiCA’s stablecoin

200,000 AI Decoys Waste Scammers’ Time

Australian tech firm Apate deploys a vast array of AI-bot characters worldwide that play the role of gullible scam victims to waste millions of hours of con artists’ time each month. Hilariously, one of the company’s monthly performance metrics is how many times frustrated scammers swear at the idiot ‘victims’ who are playing dumb and

Toyota Finance Sells Tokenized Bonds via Toyota Wallet

Toyota’s finance arm is launching a tokenized bond that retail investors can buy directly through the Japanese carmaker’s mobile payment app, Toyota Wallet. Toyota Finance said Tuesday that applications have opened for the one-year bond, with investments starting at 100,000 Japanese yen ($676). The new bond will be distributed directly by Toyota Finance, allowing investors

Strategy Raises $334M in Stock Sales, Holds Bitcoin Steady

Proceeds funded STRC dividends and repurchases, while $149.1 million was added to Strategy’s US dollar reserve, which reached $4.8 billion. Strategy raised $333.7 million through common stock sales last week but made no Bitcoin purchases, leaving its holdings unchanged at 840,447 BTC. The company sold 3.46 million MSTR shares between Aug. 10 and Aug. 16

DefiLlama delayed app launch over App Store phishing impersonators

DefiLlama delayed the launch of its mobile app while it spent months trying to get Apple to remove phishing apps from its App Store that impersonated the analytics provider, according to the company’s pseudonymous founder, 0xngmi. “We waited ‘till all the fake apps were taken down before we launched ours to avoid any user getting

Judge Bars Kalshi From Many Washington Prediction Markets

A Washington state judge has ordered prediction market platform Kalshi to stop offering a broad range of event contracts in the state, rejecting its argument that federal commodities law preempts Washington gambling law. King County Superior Court Judge John McHale barred Kalshi from offering contracts tied to sports, elections, politics, entertainment, culture, tech and science

Gemini Q2: $108M Net Loss Despite 37% Revenue Growth

Cryptocurrency exchange Gemini reported a 37% year-over-year increase in second-quarter revenue to $45.5 million, while posting a $107.7 million net loss as exchange trading weakened. Exchange revenue fell 38% to $12.5 million as trading volume dropped to $3.8 billion from $11.3 billion, the company said Thursday. Services revenue climbed 149% to $23.5 million, led by

SEC Clears Franklin Templeton to Invest in On‑Chain Money Fund

Franklin Templeton received the regulatory nod to invest in its own blockchain-based money-market fund under specific guardrails, without having to adhere to physical custody regulations. The Securities and Exchange Commission (SEC) issued a no-action letter on Wednesday stating it won’t take enforcement action if Franklin Templeton fund managers invest cash in the Franklin OnChain U.S.

Fidelity Files to Add Staking for Its Ethereum ETF

Fidelity Investments plans to add staking to its spot Ether exchange-traded product, the Fidelity Ethereum Fund (FETH), according to its Tuesday filing with the US Securities and Exchange Commission (SEC). The asset manager said FETH could stake up to 100% of its Ether under normal conditions, excluding ETH reserved for redemptions, expenses and liquidity needs.

eToro to acquire TradeZero after crypto revenue falls 30%

Trading platform eToro plans to acquire US online brokerage TradeZero as part of its US expansion plans, the company announced Tuesday. In its second-quarter report, eToro reported $1.59 billion in revenue, down from $2 billion in the comparable 2025 period. Of that, $1.34 billion was revenue from crypto assets, down about 30% from $1.9 billion
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