July, 2025

July, 2025

Hyperliquid says API outage was caused by ‘spike in traffic,’ not a hack or exploit
A Hyperliquid representative stated that additional protections will be implemented to detect API server issues in the future....

DOJ backtracks on pursuing charges against Dragonfly for early Tornado Cash investment, exec says
The Department of Justice has reversed course on its Friday statement that it was considering charges against Dragonfly over the firm's early investment in Tornado Cash....

Indonesia to hike crypto transaction taxes starting August: Reuters
Indonesia is expected to implement new crypto tax rules starting Aug. 1, raising the tax rate on transaction values for sellers....

Hong Kong fintech firm RD Technologies raises $40 million ahead of stablecoin licensing rollout
Hong Kong’s new stablecoin regime is set to take effect on Aug. 1 to mandate licensing from the HKMA for stablecoin issuers....

Linea confirms snapshot was taken for upcoming token airdrop
Linea, the Ethereum Layer 2 network backed by Consensys, has confirmed that a snapshot was taken for its upcoming token airdrop....

Bank of Korea creates crypto asset division amid local stablecoin momentum: report
South Korea's central bank installed the division to monitor the crypto market and lead internal discussions on local currency stablecoins....

Ark Invest adds $15.3 million in BitMine shares one day after $20 million purchase
Ark Invest purchased $15.3 million worth of BitMine Immersion Technologies shares across three of its ETFs on Tuesday....

AML Bitcoin founder gets 7 years in prison for multimillion-dollar crypto fraud and money laundering
The court said Andrade misrepresented AML Bitcoin's technology and business potential to defraud investors of over $10 million....

Ethereum treasury firm BTCS plans $2 billion raise to buy more crypto, new filing shows
BTCS currently holds around $265.3 million worth of ether, according to its latest disclosure released Monday....

Nasdaq looks to delist crypto miner Argo Blockchain for poor stock performance
Nasdaq maintains listing standards like a pricing floor of $1 that Argo has not maintained. The company will look to appeal....

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