KuCoin Appoints New AML Chief After Austria Ban
@KuCoin EU has appointed Carmen Kleinhans as its new Anti-Money Laundering chief, expanding compliance efforts after being barred from onboarding new clients by Austria’s FMA. #Update #Crypto
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ZetaChain Dismisses $334K Exploit Bug Report
@ZetaChain’s bug bounty report was dismissed prior to a $334K exploit, leading to a review of security practices. No user funds were affected. #Update #Crypto $ETH
Crypto Ban Proposed in Canada Over Scams
The Canadian government proposes banning crypto ATMs, citing their use in scams and money laundering, while allowing purchases through traditional money services. This follows a surge in fraud cases targeting Canadians. #Update #Crypto $BTC
Polymarket Denies Data Breach Amid Hacker Claims
@Polymarket denies claims of a data breach after a hacker alleged the theft of over 300,000 records, asserting the information is publicly accessible and not compromised. #Update #Crypto
Bitcoin Rally Fueled by Strategy Purchases
Bitcoin’s recent rally, up 20% since February, is largely attributed to @Strategy’s $7.2B Bitcoin purchases, surpassing BlackRock’s holdings; analysts predict continued buying through STRC issuance. #Update #Crypto $BTC
FTX CEO Sam Bankman-Fried Trial Denied
A Manhattan federal judge denied @FTX CEO Sam Bankman-Fried’s motion for a new trial, citing baseless claims of new evidence and witnesses; he remains imprisoned after a 25-year sentence. #Update #Legal
DeFi Lending Boosted as RedStone Launches Settlement Layer
@RedStone has launched a new settlement layer aimed at resolving the liquidity gap for real-world assets in DeFi lending, addressing slow asset redemptions during fast liquidations. #Update #DeFi
RedStone Launches Settlement Layer for RWA Liquidity
@RedStone has launched RedStone Settle, a new settlement layer for DeFi aimed at enabling tokenized real-world assets as collateral, potentially unlocking over $30B in idle assets. #Update #DeFi $USDC
Ethereum’s EEZ Launches to Attract Blockchains
Ethereum’s Economic Zone aims to unify rollups and enhance interoperability with other blockchains, according to Ernst. #Update #Crypto $ETH
Ethereum Unveils $293M rsETH Recovery Plan
@DeFiUnited has released a recovery plan for rsETH backing and to unwind positions linked to the $293 million Kelp exploit. #Update #Crypto $ETH
AML Crackdown Surges as Crypto’s Top Risk
Anti-Money Laundering enforcement now surpasses securities violations as the primary regulatory risk for crypto firms, with over $1 billion in fines in H1 2025, marking a significant shift. #Update #Crypto $BTC $ETH
Bitcoin ETFs Halt Nine-Day Inflow Streak
US spot Bitcoin ETFs saw $263 million in outflows, breaking a nine-day inflow streak as Bitcoin prices dropped below $77K, failing to reclaim the $80K mark. #Update #Crypto $BTC
Bitcoin Miner Core Scientific Launches 1.5GW AI Data Centers
@CoreScientific is expanding its Pecos, Texas site into a 1.5GW AI-focused data center, repurposing 300MW from Bitcoin mining. Shares up 44% YTD. #Update #Crypto $BTC
Trump Embraces Prediction Markets After Dislike
US President Donald Trump shifts stance on prediction markets, acknowledging their popularity and potential benefits after initial disapproval, as platforms like Polymarket see record trading volumes. #Update #Crypto $POLY