Author: Cointelegraph by Ezra Reguerra
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BOB Adds ZK Fraud Proofs, Eyes Maturity Rank on L2Beat
BOB integrates ZK fraud proofs to enhance security and aims to improve its maturity ranking on L2Beat, showcasing advancements in blockchain scalability and trustlessness.
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Hong Kong to Enforce Stablecoin Ordinance Starting Aug. 1
Hong Kong will implement a new stablecoin regulation on August 1, requiring issuers to obtain licensing and meet strict financial standards to operate legally.
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Crypto adoption in 2025 spurred by payments, AI: Survey
A Reown and YouGov survey reveals payments and AI as key drivers of crypto adoption by 2025, with 37% of respondents citing these factors. Crypto payments show significant growth, outpacing DeFi use cases.
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Fees, collateral give DeFi edge as TradFi eyes crypto loans: 1inch exec
DeFi lending protocols offer advantages like better fees, wider collateral options, and permissionless access compared to TradFi institutions exploring crypto loans, says 1inch co-founder Sergej Kunz.
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Fees, collateral give DeFi edge as TradFi eyes crypto loans — 1inch exec
DeFi lending protocols offer advantages like lower fees, wider collateral options, and permissionless access compared to TradFi institutions exploring crypto loans, says 1inch co-founder Sergej Kunz.
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Pump.fun private sale investors send over $160M to exchanges
Pump.fun private sale investors sent over $160M in PUMP tokens to exchanges, causing price drops. Early backers offloaded billions, with some selling entire stakes, leading to concerns of a sell-off.
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JPMorgan exploring crypto-backed loans amid stablecoin push: FT
JPMorgan is exploring crypto-backed loans for Bitcoin and Ether, signaling a shift in banking attitudes. CEO Jamie Dimon has softened his anti-crypto stance amid stablecoin interest.
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Ethereum NFTs dominate 7-day sales rankings as ETH nears $4K
Ethereum NFTs lead weekly sales with nine of the top 10 collections, including CryptoPunks and Pudgy Penguins, as ETH nears $4K. Trading volumes and market caps surge amid broader NFT market growth.
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COINS Act model law offers blueprint for crypto regulation in India
Hashed Emergent and Black Dot propose the COINS Act, a model crypto law for India, addressing regulatory uncertainty, taxation, and recommending a new regulatory body (CARA) to oversee digital assets.
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SEC explores Ethereum token standard for compliant securities
The SEC met with Ethereum organizations to discuss ERC-3643, a token standard for compliant securities. The agency showed openness to industry-led blockchain standards for regulatory compliance.
