Most Americans Say Trump's Crypto Profits Cross the Line: Poll

In briefA new Reuters/Ipsos poll found 63% of respondents consider it inappropriate for Trump and his family to have profited from crypto, while 69% believe his private business interests are influencing his presidential decisions.Roughly half of Trumps own Republicans said they think he lets business interests sway his decisions, though about seven in 10 Republicans still called the crypto dealings appropriate.The results add data to a running controversy: Trump earned over $1.4 billion from ventures like World Liberty Financial and his meme coin—as the White House denies any conflicts and lawmakers wrangle over Clarity Act provisions restricting his crypto ventures ahead of a September vote.  A majority of Americans believe President Donald Trump and his family have improperly cashed in on cryptocurrency since he returned to the White House, according to a new Reuters/Ipsos poll.  The survey found that 63% of respondents considered it inappropriate for Trump and his family to have profited from crypto in the way they have, while 32% said it was appropriate and the rest didnt answer, Reuters reported.  Myriad: Will Democrats sweep midterm elections? Click to make your prediction.  A larger share, 69%, said they believe the presidents private business interests are shaping his decisions in office, a group

3 days agoIndustry

Bitcoin ETFs draw $608M as Ether ETFs see largest inflow since October

US spot Bitcoin exchange-traded funds (ETFs) drew $608.3 million in net inflows on Thursday, lifting weekly inflows above $1.6 billion, while spot Ether ETFs logged their largest single-day intake since October.  The Bitcoin funds extended their positive streak to four straight sessions after attracting $297.6 million on Monday, $189.3 million on Tuesday and $517.2 million on Wednesday,SoSoValue data shows.  August net inflows reached $2.07 billion through Thursday, already surpassing Aprils $1.97 billion, the previous monthly high for 2026, with seven trading sessions remaining. Cumulative net inflows stood at $53.4 billion.  The inflows accompanied a continued rally in crypto markets as Bitcoin traded at $75,133 at the time of writing on Friday, up 7.9% over the previous 24 hours, according to CoinGecko. Ether gained 4.6% to about $2,357.  Spot Ether ETFs attracted $220.8 million on Thursday, their largest daily net inflow across 203 trading sessions spanning 296 calendar days. The funds last recorded a larger intake on Oct. 28, 2025, when they drew about $246 million.  The funds have taken in approximately $512.2 million across four trading sessions this week, lifting their August net inflows to about $754.9 million. Total net assets reached $13.58 billion.  Related: Bitcoin breaks above 200-day moving average for first time since November

3 days agoIndustry

Bitcoin price reaches $72.5K as US issues ‘Economic D-Day’ threat to Iran

Bitcoin (BTC) saw multimonth highs after Thursdays Wall Street open while stocks dipped and bond yields rebounded on US-Iran war nerves.  Key points:Bitcoin builds on its highest levels in 11 weeks to hit $72,500 on Bitstamp.US bond yields see volatility after president Donald Trump threatens “economic warfare” with Iran.Bitcoin market participants question whether the rally has staying power.  US bond yields reverse higher after Trump pledges “economic warfare” with Iran  Data from TradingView showed BTC/USD retesting $71,000 before hitting new 11-week high of $72,505 on Bitstamp, up by more than 4% on the day.  BTC/USD one-day chart. Source: Cointelegraph/TradingView  US equities opened lower after US president Donald Trump threatened Iran with the “most crushing economic operation ever taken against any country,” calling it “Economic D-Day.”  “This will be economic warfare and isolation on an unprecedented scale,” he wrote in a post on Truth Social amid frustration over the lack of a deal with the US on the Strait of Hormuz oil route.  WTI crude oil reached $87.69 per barrel on the day, its highest since July 24.  CFDs on WTI crude oil one-day chart. Source: Cointelegraph/TradingView  The comments further appeared to cause a rebound in US government bond yields, which had fallen sharply the day prior after the US

3 days agoIndustry

Capital.com plans UAE spot crypto services after affiliate wins licence

Trading platform and contracts for difference (CFD) broker Capital.com plans to offer spot crypto services to clients in the United Arab Emirates after its affiliate, Capital Vault, secured a virtual-asset license from the countrys Capital Market Authority (CMA).  According to an announcement sent to Cointelegraph, the license allows Capital Vault to deal in virtual assets as an agent or matching principal and provide custody on behalf of clients.  Once the service goes live, UAE clients will be able to buy and hold actual crypto through the Capital.com app, with Capital Vault providing execution, custody and settlement. This differs from Capital.coms CFDs, which provide price exposure without ownership of the underlying crypto.  Capital Vault operates as a separate regulated entity, with its governance, custody and risk arrangements separated from Capital.coms other businesses. The affiliate has opened an office in Abu Dhabi and is building a local virtual-asset team.  The approval follows the CMAs introduction of a virtual-asset regulatory framework in April, which expanded the number of regulated activities from three to eight. The framework also established requirements covering business conduct, alternative trading systems, anti-money laundering controls and prudential standards.  Related: Bitcoin.com integrates UAE-registered US dollar stablecoin into self-custodial wallet

3 days agoIndustry

Coldcard strengthens seed generation with firmware update

Coinkite released a new security upgrade to strengthen seed phrase generation by requiring user-supplied entropy mixed with improved device randomness.  Coinkite announced firmware 5.6.1 for Coldcard Mk4 and Mk5 devices and 1.5.1Q for the Coldcard Q in a Thursday blog post.  The release requires newly generated seeds to include user-supplied entropy through at least 65 keypresses with unpredictable timing, 50 rolls of a six-sided die or 128 coin flips. That input is combined with randomness from multiple device sources, including its secure elements and hardware random-number generator (RNG).  The combined randomness is used to create the wallet‘s seed phrase and is intended to keep its private keys unpredictable even if one of the device’s entropy sources fails.  Coinkite told users to upgrade immediately, emphasizing that existing seed phrases remain vulnerable even after upgrading and must be replaced with new seeds before migrating funds.  Confirmed losses from the Coldcard exploit reached 1,778 Bitcoin (BTC), worth about $112 million, according to an Aug. 14 report by Galaxy Research. This makes the Coldcard hack the third-largest cryptocurrency exploit of 2026, according to data aggregated by DefiLlama.  Coldcard adds transaction and USB safeguards  The company‘s July 31 firmware update had already fixed the seed-generation failure for newly created wallets. Thursday’s release

3 days agoIndustry

As crypto rules tighten, Webot bets on compliance plus automation

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.  Webot combines U.S. and EU regulatory coverage with native AI trading bots offering automated strategies directly on its exchange.  Webot, a licensed cryptocurrency exchange built around native AI trading bots, is making a more direct case for what it sees as a scarce combination in the market: formal regulatory coverage in both the United States and the European Union, paired with automated trading tools that run on the exchange itself.  Dual regulatory footprint  In the U.S., Webot is licensed across 48 states and the U.S. Virgin Islands. In the EU, its entity holds a MiCA Trading Platform Authorization issued in Ireland.  That puts Webot among one of the few exchangesable to serve users in both the U.S. and EU markets under formal regulatory frameworks — a distinction the company now treats as a core part of its positioning, not a background detail.  Automation built into the exchange  Unlike setups that rely on third-party bot platforms connected through API keys, Webot runs its trading bots natively on the exchange. Users can deploy strategies such as grid trading, DCA-style approaches, smart trade, and other automated tools without sending

3 days agoIndustry

Tether abandons $120M Uruguay Bitcoin mining project after power dispute

Tethers planned Bitcoin mining expansion in Uruguay has collapsed after an electricity supply dispute with state utility UTE left two facilities without enough power, ending a project estimated to have cost around $120 million.  SummaryTether invested an estimated $120 million across two Bitcoin mining sites in Uruguays Florida department.A dispute with state utility UTE over electricity allocations left the facilities without enough power to operate consistently.UTE disconnected the mining sites in July 2025 after contract negotiations failed and electricity bills went unpaid.Tether has continued investing in Bitcoin mining elsewhere, including renewable energy projects in Brazil and mining infrastructure.  Reuters has reported that Tether abandoned two mining sites in Uruguays Florida department after disagreements over electricity allocations disrupted operations and eventually led its local entity, Microfin, to terminate contracts with UTE.  The project had been presented in 2023 as Tethers first major Bitcoin mining venture in South America, with Uruguay serving as a testing ground before potential expansion into Brazil, Paraguay and Argentina. A former contractor told Reuters that Tether spent roughly $60 million on each of the two sites.  Tether did not disclose an investment figure when it announced the Uruguay operation in May 2023, describing the country as the “perfect platform” because of

3 days agoIndustry

Take-Two Shed $2.83 Billion Over GTA 6 Leaks Ahead of Netflix Reveal

Take-Two Interactive shed roughly $2.83 billion in market value in under two days after new GTA 6 footage suggested the leaker Cyberleek is playing a live build of Rockstars unreleased game.  Shares have since clawed back part of that loss. Meanwhile, malware disguised as the leaked build now circulates on piracy sites.  Sponsored  Sponsored  What the New GTA 6 Footage Actually Shows  Cyberleek has posted clips and images across several days. One video shows the character Jason spraying the word LEEK onto a wall with bullets. Therefore, the account appears to control a playable build rather than leftover test material.  Other clips show a plane flight across Vice City and a cutscene about VPN use. Forbes reported that the build likely dates from 2025. Rockstar and Take-Two have stayed silent, however.  The group ties the leaks to three demands. It wants a disc release, no paywalled solo DLC, and full offline access. Those terms work as conditions for stopping the drops. One report framed the campaign as an attempt to extort Rockstar over its all-digital plan. Sony met a similar revolt during its PlayStation disc backlash in July.  That consumer-rights posture carries a commercial edge. Cyberleek stamps its releases with cryptocurrency advertisements and recently ran a paid poll.

3 days agoIndustry

Ripple CEO backs AI as revenue set to double in 2026

Ripple CEO Brad Garlinghouse said on Aug. 20 that the company is aggressively adopting artificial intelligence as it pursues further revenue and workforce growth.  Speaking at the SALT Wyoming Blockchain Symposium, Garlinghouse described AI as an “enabler and an accelerant” for companies that already have growing businesses and customer demand.  “AI, if you are in a business that has opportunity to grow and youre serving customers and have compelling solutions, AI just lets you do that better and faster and stronger,” Garlinghouse said during the recorded interview.  He added that Ripple has approximately 1,500 employees worldwide and 150 open positions. Garlinghouse said the company intends to keep expanding because its business is growing.  Ripple sees AI as an expansion tool  Garlinghouse rejected the argument that AI is necessarily responsible for large corporate layoffs. He suggested that some companies may be using the technology to justify workforce reductions that were already needed.  “When I see companies announce big layoffs and they say, ‘Oh, well, AI X, Y, and Z,’ that to me says, ‘Well, they were bloated before and they’re using this as an excuse,” he said.  His comments represent an opinion about recent layoffs rather than evidence about individual companies. Businesses have attributed workforce reductions to several

3 days agoIndustry

$1.2B Wiped out: Bitcoin Squeeze Returns Strategy to Profit

Bitcoin surpassed $79,000, boosting market cap past $1.55 trillion and pushing the broader crypto market to $2.65 trillion amid growing fears over $40 trillion in U.S. national debt.  Key TakeawaysBitcoin surpassed $79,000 on Friday as mounting U.S. debt fears over $40 trillion boosted alternative assets.Over $1.22 billion in short positions were wiped out across crypto markets, aiding Strategys profitability.Prediction market traders heavily favor bitcoin breaching $80,000 next, with 71% anticipating further gains.  Short Sellers Squeezed as Liquidations Top $1B  Bitcoin breached $79,000 Friday morning, pushing its dollar gains since Aug. 17 past $15,000. The cryptocurrency‘s relentless ascent comes as fears over the U.S. debt, which has surpassed $40 trillion, pose a serious threat to the country’s financial well-being. The worries have supercharged the appeal of alternative assets like bitcoin, whose limited supply mechanism validates the argument against a fiat currency system.  Market data shows the cryptocurrency added more than $5,000 in a frantic surge that briefly wiped out unrealized losses for Strategy, the bitcoin-treasury company. As of 5 a.m. EST, bitcoin traded just below its session peak of more than $79,461. The rally, which extended to altcoins, momentarily saw bitcoin‘s market capitalization top $1.55 trillion while pushing the crypto economy’s aggregate market cap to

3 days agoIndustry
1
...
46
...
1000