Here’s What Happened in Crypto Today

Stay updated with today’s top cryptocurrency news, covering Bitcoin, Ethereum, regulatory shifts, and major DeFi, NFT, and blockchain developments. Hong Kong to Criminalize Unlicensed Stablecoin Promotions from August 1 Effective August 1, Hong Kong will begin enforcing its newly enacted Stablecoin Ordinance, a move set to reshape stablecoin regulation across Asia. Offering or advertising unlicensed…

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Bitcoin Miners Pivot to HPC: Bitzero Raises $25M to Expand Into High-Margin Data Centers

Bitcoin mining companies are embracing a new era of high-performance computing (HPC) as they adapt to changing market dynamics. Bitzero, a leader in this strategic transition, has secured $25 million in fresh funding to strengthen its data center and HPC operations, focusing on both profitability and environmental responsibility. Bitzero’s Strategic Shift: From Bitcoin Mining to…

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Trump’s AI Plan to Boost US Leadership: Eased Data Center Rules and Revamped Federal Guidelines

The White House has unveiled President Donald Trump’s ambitious national strategy to make the United States the global leader in artificial intelligence (AI). The newly released plan targets streamlining data center regulations, eliminating federal diversity and climate guidelines, and prioritizing government contracts for advanced AI developers key moves set to transform the US AI development…

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Ether Stumbles as ETH Validator Exit Queue Hits 18-Month High

Ethereum saw its validator exit queue surge to its longest wait in 18 months this week, raising questions about profit taking and shifting strategies across the staking ecosystem. As over $2.3 billion worth of ETH awaits unstaking, investors and validators are closely monitoring the effects on Ethereum price, network security, and broader crypto market sentiment….

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TON Wallet Goes Live for Telegram Users in the US

Telegram has officially launched TON Wallet for its 87 million US-based users, introducing seamless self-custodial crypto wallet features directly within the popular messaging app. This move underscores Telegram’s broader commitment to integrating blockchain technology and expanding digital asset access to mainstream audiences. Key Features of TON Wallet on Telegram A Seamless Blockchain Experience Inside Telegram…

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A16z Crypto Backs $15M Poseidon Initiative to Decentralize AI Training Data

Poseidon Secures Major Funding to Transform AI Data Sourcing San Francisco’s Poseidon has landed $15 million in seed funding, with a16z Crypto (Andreessen Horowitz’s blockchain investment arm) leading the round. The funding will jumpstart Poseidon’s mission to build a decentralized, IP-cleared data pipeline poised to revolutionize artificial intelligence training by tackling the industry’s shortage of high-quality, legally licensed…

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Citadel to SEC: Tokenized Securities Must Offer Real Financial Innovation, Not Exploit Loopholes

As the U.S. Securities and Exchange Commission (SEC) moves closer to establishing a regulatory framework for tokenized securities, financial giant Citadel Securities is urging caution. In a recent statement, the firm emphasized that blockchain-based securities must bring tangible advancements in efficiency not just serve as a regulatory workaround. Tokenization Needs to Enhance Market Function, Not…

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