CryptoNews

Dubai Duty Free Brings Crypto.com Pay to Airport Retail in UAE

Dubai Duty Free has introduced Crypto.com Pay as a regulated digital payment option for eligible UAE residents, allowing customers to use their Crypto.com accounts at airport stores and online. The rollout integrates crypto-enabled payments into global travel retail. Key Takeaways Dubai Duty Free adds Crypto.com Pay across airports and online. Customers can authorize payments through the…
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EU MiCA Shake-up Lets Crypto Scammers Target Users

European financial watchdogs warn that criminals are exploiting this market transition to steal funds. Fraudsters are impersonating official regulators or licensed exchanges to trick users into sending assets to fraudulent websites. Key Takeaways Scammers targeted crypto…
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Circle Posts $701 Million Q2 Revenue as USDC Activity Accelerates

Circle reported stronger second-quarter earnings as USDC circulation and transaction activity expanded. The stablecoin issuer also set a September launch date for Arc, its institutional blockchain network. Key Takeaways Circle posted $48M in Q2 profit as USDC transaction volume jumped 151% to $14.8T. USDC reached $73.3B in circulation, strengthening Circle’s institutional payments reach. Circle…
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Bitcoin Options Flash $80K Max Pain as Wall Street Loads Up

Bitcoin traders have quietly stacked more than $41 billion into futures contracts, while the options market is flashing price targets thousands of dollars above where bitcoin actually trades. At $64,711 on Aug. 5, spot bitcoin looks almost cheap compared with the bets piling…
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BTC Hits $64,360, but Bitfinex Warns of Downside Risks

Bitcoin posted a 0.8% gain, trading between $63,300 and a session high of $64,360, while holding support above $63,500 and keeping market cap at $1.29 trillion. A sudden rally triggered a heavy short squeeze, wiping out $35 million in short positions. Key Takeaways Bitcoin peaked at $64,360 as time runs out for a vote on the CLARITY Act. $35 million in short positions were wiped out while…
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Binance Launches Lite Loan With No Liquidation for 30 Days

Binance has launched a 30-day bitcoin-backed loan offering up to 1,000 USDT, with no price-triggered liquidation during the initial term. A promotional 0.5% service fee remains available through Sept. 3. Key Takeaways Users can borrow up to 1,000 USDT against eligible BTC…
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Ripple Pushes Full XRPL Stack as Tokenized Assets Expand

Ripple is building issuance, stablecoin, trading, custody, and credit infrastructure as financial institutions adopt tokenized assets. Its XRPL ecosystem links programmable funds with continuous settlement, liquidity, yield, collateral, and compliance tools. Key…
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Willy Woo Sees 20%-40% Chance of Partial Coldcard Bitcoin Recovery

Bitcoin analyst Willy Woo estimates authorities have a 20% to 40% chance of recovering part of the bitcoin stolen through the Coldcard vulnerability. Historical crypto recoveries spanning billions of dollars underpin that outlook, while security leaders urge victims to preserve evidence that could support future claims. Key Takeaways Woo sees a 20%-40% chance of partial Coldcard bitcoin…
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