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$250M Ondo Catalyst fund signals ‘arms race’ for RWA tokenization

$250M Ondo Catalyst fund signals ‘arms race’ for RWA tokenization

DeFi protocol Ondo Finance and venture firm Pantera Capital plan to ramp up investments in real-world assets (RWAs), highlighting the industry’s increasing focus on tokenization amid favorable regulatory developments in the United States.Both companies informed Axios that they plan to invest $250 mi…

WhiteRock founder to be extradited over $30M ZKasino case — ZachXBT

WhiteRock founder to be extradited over $30M ZKasino case — ZachXBT

Authorities in the United Arab Emirates (UAE) have reportedly taken Ildar Ilham, the founder of the decentralized finance protocol WhiteRock Finance, into custody as part of allegations over a $30-million scam through ZKasino. According to a Thursday X post from crypto sleuth ZachXBT, UAE authoritie…

 Here’s what happened in crypto today

Here’s what happened in crypto today

Today in crypto, a new US Senate bill aims to overhaul crypto taxation. Over 40 fake Firefox extensions mimicking popular wallets are being used in an ongoing credential-theft campaign, and Ripple is seeking a national bank charter in the United States.US Senator Cynthia Lummis drafts standalone cry…

 Bitcoin price rallied 80% the last time BTC funding rates flipped red

Bitcoin price rallied 80% the last time BTC funding rates flipped red

Key takeaways:Bitcoin's funding rate briefly turned negative in late June, historically a signal for upcoming rallies.A large concentration of short liquidations near $111,320 could fuel a short squeeze.BTC has broken out of a bull flag, targeting $117,500, new research suggests. Bitcoin future’s p…

MiCA enforcement still fragmented across EU, says Bitpanda exec

MiCA enforcement still fragmented across EU, says Bitpanda exec

Benedikt Faupel, head of public affairs at Austrian crypto exchange Bitpanda, said Europe’s flagship crypto regulation still allows uneven implementation across the bloc.Faupel told Cointelegraph on the sidelines of the German Blockchain Week that, as far as he knows, Bitpanda is the only player wit…

Bitcoin may tap $116K in July amid ‘perfect storm’ of macro catalysts

Bitcoin may tap $116K in July amid ‘perfect storm’ of macro catalysts

Bitcoin may climb to $116,000 by the end of this month as three macroeconomic factors turn favorable for the asset, according to a crypto analyst. “I think $116,000 is possible,” 10x Research head of research Markus Thielen told Cointelegraph after highlighting the three factors that could help bols…

North Korean hackers targeting crypto projects with unusual Mac exploit

North Korean hackers targeting crypto projects with unusual Mac exploit

North Korean hackers are using new strains of malware aimed at Apple devices as part of a cyberattack campaign targeting crypto companies.According to a report from cybersecurity firm Sentinel Labs on Wednesday, the attackers impersonate someone trusted on messaging apps like Telegram, then request …

US probes negotiator suspected of taking crypto ransomware money

US probes negotiator suspected of taking crypto ransomware money

The US Justice Department has launched a probe into a former ransomware negotiator, accused of striking deals with hackers to take a cut of the crypto used to pay the extortionists. In a statement to Cointelegraph, DigitalMint President Marc Grens confirmed that one of the firm’s former employees is…

TradFi body urges SEC reject special treatment for tokenized stocks

TradFi body urges SEC reject special treatment for tokenized stocks

An industry trade group is urging the US securities regulator to reject a wave of relief requests from crypto companies seeking to offer tokenized stocks. The Securities Industry and Financial Markets Association (SIFMA), which consists of securities issuers and finance firms, said in a letter on Mo…

Ethereum Community Foundation forms with ‘mandate’ for $10K ETH

Ethereum Community Foundation forms with ‘mandate’ for $10K ETH

An Ethereum core developer has set up a new organization called the Ethereum Community Foundation, with one of its aims to bring the price of Ether to $10,000.ECF was spearheaded by Ethereum core developer Zak Cole, who explained his rationale for setting up ECF at the eighth Ethereum Community Conf…

BNB news update: Bulls target $719 after successful Maxwell upgrade

BNB news update: Bulls target $719 after successful Maxwell upgrade

Key point:BNB Smart Chain’s Maxwell upgrade has acted as a catalyst in starting an uptrend toward $719.BNB Smart Chain’s Maxwell upgrade, which, according to the BNB Chain team, is “a technical leap forward for faster blocks, better validator coordination, and smoother network performance,” went liv…

OpenAI says Robinhood tokens are not equity in the company

OpenAI says Robinhood tokens are not equity in the company

OpenAI issued a statement on Wednesday clarifying that OpenAI tokens distributed to European Union users by the trading platform Robinhood do not represent equity in the company."We are not involved in this and do not endorse it,” representatives of the company wrote on social media. “Any transfer o…