Novogratz’s Warning: ETH Supply Crunch Imminent—$4,000 in Sight
Investors take note: Galaxy Digital’s Michael Novogratz warns that Ethereum’s shrinking supply and corporate buying sprees could ignite a major rally.
Hong Kong Bans Unlicensed Stablecoin Promotions—Jail Time Possible
Hong Kong is taking a hardline stance against unregulated stablecoin promotions, with a new law taking effect August 1 that could land violators in jail for up to six months.
Anchorage Digital and Ethena Labs Pioneer GENIUS-Compliant Stablecoin in US
Anchorage Digital Bank is set to make history by issuing Ethena Labs’ USDtb—the first stablecoin designed for compliance with the GENIUS Act.
FTX to Release $1.9B to Creditors Starting Sept. 30
FTX’s next creditor payout is set for September 30, with $1.9 billion approved for distribution after court-approved reserve cuts. The record date is August 15, but the exact payout amount remains unclear.
CoinShares Obtains French MiCA License
CoinShares, a leading European digital asset investment firm, has been granted a license under the Markets in Crypto-Assets Regulation (MiCA), marking a key milestone in its regulatory compliance efforts.
Ethereum ETFs Add $534M as Traders Eye ETH Rally Extension
Another $534 million poured into US spot Ethereum ETFs on Tuesday, fueling speculation that ETH’s rally has legs.
No More Ransoms: UK Draws Line Against Cyber Extortion
The UK is putting ransomware gangs on notice—public sector bodies and critical infrastructure operators will soon be barred from paying their demands.
