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World Foundation Locks Up $52.5M WLD Sale Led By Pantera Capital To Expand World ID

World Foundation closed a $52.5 million strategic token sale on Friday, selling WLD tokens to a group of venture capital heavyweights led by Pantera Capital, according to a market update from WuBlockchain. The deal comes with a strict one-year lockup on all purchased tokens, a structure designed to remove immediate sell pressure from WLDs circulating supply. Bain Capital Crypto, Eightco Holdings, Selini Capital, and Susquehanna Crypto also joined the round, bringing together a mix of deep-pocketed funds and quantitative trading firms.　　The foundation has stated it will channel the entire sum into expanding World ID, its biometric-based digital identity system. The stated target includes enterprise adoption, consumer verification, and, notably, AI agent authentication—a growing niche that sits at the intersection of decentralized identity and autonomous systems.　　The one-year lockup is the defining feature of the raise. By agreeing to keep tokens off exchanges until at least mid-2027, the investors are signaling a long-term view that usually weeds out short-term speculators. For existing WLD holders, the structure caps near-term dilution at a time when altcoin markets remain sensitive to sudden token unlocks. Any large unlock event can trigger cascading sell-offs, so locking tens of millions of dollars worth of tokens for twelve months

07-25انڈسٹری

Coinbase reshuffles top ranks amid push into stocks and predictions

Coinbase has replaced or reassigned four senior leaders after cutting 14% of its workforce, as the exchange builds a platform spanning crypto, stocks, derivatives and prediction markets.　　SummaryCoinbase is replacing or reassigning four senior leaders during its multi-asset expansion.Dominique Baillet is expected to succeed Lawrence Brock as chief people officer.Stocks and prediction markets are growing as weak crypto conditions pressure COIN.　　A Coinbase regulatory filing states that Chief People Officer Lawrence Brock will leave his position on Aug. 17 and remain with the company through Sept. 1 to transfer his duties. Coinbase expects to appoint Dominique Baillet as Brock‘s successor, placing her in charge of the company’s hiring, retention and workplace operations during a period of product expansion.　　Brock will continue providing advice from Sept. 2 through Nov. 30 under an agreement signed on July 23, according to the filing. The arrangement gives him a payment equal to three months of his current base salary after the advisory period, along with continued vesting of restricted stock units scheduled for Nov. 20. Coinbases filing does not give a reason for his departure.　　His exit follows several changes across Coinbase‘s legal, institutional and Base teams. CertiK Pulse reported that Greg Tusar, co-head of Coinbase Institutional, has

07-25انڈسٹری

KULRTech moves $9.45mln in Bitcoin – Is a complete exit next？

Since the October 2025 peak, Bitcoin has failed to sustain an uptrend, falling 48% from its ATH. Amid this extended market weakness, long-term holders, especially institutions, have seen their losses skyrocket.　　The rising losses have pushed many of these firms to a breaking point, and they are not only capitulating but also walking away.　　KULRTech dumps $9 million in Bitcoin　　Treasuries that rushed to accumulate Bitcoin [BTC] from late 2024 and 2025, fearing they would miss out, have found themselves operating at a loss.　　Others were pushed to capitulate to avoid more losses, and one such Bitcoin treasury company is KULRTech.　　KULRTech has been aggressively dumping its BTC over the past months. According to Arkham data, KULRTech transferred 145.8 BTC worth $9.45 million to Coinbase Prime.　　Source: Arkham　　After multiple transfers, its holdings of 1,021 BTC worth $101 million now have only 100 BTC worth $6.47 million left.　　In its selling spree, the company has mostly exited at a loss. AMBCrypto earlier reported that KULR Bitcoin holdings saw over $18 million in losses.　　Now with only 100 BTC left, it seems the company is on the verge of completely exiting its position. Thus, if weakness continues, the company is likely to sell and exit the market entirely.　　Source: Yahoo Finance　　Even

07-25انڈسٹری

Poolin, Once One of Bitcoin's Biggest Mining Pools, Files for Bankruptcy

In briefPoolin Technology filed for Chapter 11 bankruptcy on July 22.The largest single debt, $163.7 million, is owed to about 11,700 users.Thor CALAP LLC has placed a $52 million stalking-horse bid for Poolins two West Texas mining sites, setting the floor for a court-supervised auction.　　Poolin Technology Pte. Ltd., the Singapore-based company that once ran one of Bitcoins largest mining pools, filed for Chapter 11 bankruptcy on July 22—the U.S. legal process that lets a company operate under court supervision while it reorganizes or, in this case, sells off its remaining assets and shuts down.　　The filing, in the U.S. Bankruptcy Court for the District of New Jersey, covers Poolin alongside two U.S. affiliates, Lonestar Dream Inc. and Lonestar Taproot LLC. Court documents list roughly prepetition obligations of more than $100 million against less than $10 million in assets.　　A mining pool lets individual Bitcoin miners combine their hashrate—the raw computing power machines burn through to solve the cryptographic puzzles that add new blocks to the blockchain—so the group wins rewards more often than any single miner could alone.　　Poolin was founded in Beijing in 2017 by Zhibiao “Kevin” Pan, along with Fa Zhu and Tianzhao Li, all veterans of mining-hardware maker Bitmain, and

07-25انڈسٹری

Wise plans to resubmit national trust bank application under GENIUS Act framework

William Blair said that while Wise is resubmitting its national trust bank charter application under a GENIUS Act framework, the analysts do not predict “a major shift in the companys stance on stablecoins.”The OCC has granted conditional approval to several stablecoin-focused entities since December, six months after the GENIUS Act passed, legislating payment stablecoin activities.　　Wise plans to submit a new application for a national trust bank charter in the U.S. under the GENIUS Act stablecoin framework after the Office of the Comptroller of the Currency denied its original application, according to a William Blair note on Friday.　　The OCC said that Wises application was incompatible with new ⁠Federal Reserve policies regarding payment system Master Account access.　　Reuters reported that Wise would reapply on Friday. The OCCs denial was made in a July 21 letter.　　“While approval would have represented a step towards a connection to U.S. domestic rails, we understand the Fed has essentially halted the granting of master accounts, as it develops policies for payment accounts that were formally proposed in May 2026,” William Blair analysts Cristopher Kennedy and Marc Feldman wrote.　　The OCC, along with other major financial regulators in the U.S., has radically reshaped its approach to oversight during President Donald

07-25انڈسٹری

Sui traders eye range lows at $0.70 as oversold RSI signals potential buying zone

Sui [SUI] faced a 5%price drawdown in the past 24 hours, with a 9.6%uptick in daily trading volume. This was worrisome as it suggested a short-term increase in selling pressure.　　The rest of the crypto market has faced losses over the past day, too. Bitcoin [BTC] and Ethereum [ETH] were down 1.05% and 1.14%,respectively. Compared to these market leaders, Sui was underperforming in the short-term.　　Why the Sui downturn is surprising　　Coinbase announced that SUI can be staked directly on the exchange. Staking rewards would directly accumulate to the users account. It offered an easy, effortless way of earning rewards.　　Source: Ted on X　　Trader Ted noted that the bullish catalyst could help the altcoin break past the descending trendline resistance in place since early June. The token has defended the $0.66support zone well so far.　　Some more consolidation followed by a bullish breakout was a viable scenario, the trader wrote.　　Source: SUI/USDT on TradingView　　The swing low at $0.65, made in June, marked the swing structures low. The RSI on the 1-day timeframerecently climbed above neutral 50, but the losses of the past three days sent the momentum indicator tumbling once more.　　The OBV was in a downtrend, although the selling pressure has eased in July.　　A pullback, in

07-25انڈسٹری

Top Crypto Lobbyist Says There Is Still Hope for Clarity Act

The push to pass the Digital Asset Market Clarity Act before the August recess is not over, according to Kristin Smith, one of the crypto industrys leading lobbyists.　　Currencies s passage to just 30%, adding that there is a need for a “last-ditch” effort.　　Some glimmers of hope　　In the meantime, a key law enforcement organization has also thrown its support behind the latest version of the Clarity Act.　　The National Fraternal Order of Police said revised language related to the Blockchain Regulatory Certainty Act (BRCA) addresses its previous concerns.　　The backing could still strengthen the case for passing the bill.　　As reported by U.Today, Goldman Sachs CEO David Solomon has also endorsed the bill.　　Solomon said he is “very supportive” of moving the Digital Asset Market Clarity Act forward, arguing that clearer rules would provide the regulatory certainty needed for financial institutions to participate in blockchain markets.　　While acknowledging that the bill is not perfect, the Goldman chief said establishing a market structure framework would help accelerate innovation.　　However, traditional banking groups fiercely oppose the bill, and it looks increasingly likely that they are going to prevail.

07-25انڈسٹری

Ethereum Price Forecast: ETH shows bottom signs but relative performance against Bitcoin not there yet

Ethereum price today: $1,860Ethereums decline to a yearly low against Bitcoin has sparked calls of an ETH bottom, which eventually expands into an altcoin season.However, ETH/BTC valuation metrics have yet to reach extreme levels that historically align with an ETH bottom.ETH risks a decline to $1,800 if it fails to bounce off the 20- and 50-day EMAs.　　Ethereum (ETH) is showing early signs of a market bottom relative to Bitcoin (BTC), but has to confirm several other key bottoming signals before an outperformance can be expected, according to CryptoQuant.　　In a report released late Thursday, the analyst at the on-chain analytics firm noted that Ethereum has underperformed Bitcoin for nearly a year, evidenced by the ETH/BTC ratio declining to 0.028, marking its lowest level since last August.　　ETH/BTC Ratio. Source: CryptoQuant　　Such conditions usually spike sentiment around a potential ETH bottom, which eventually expands into an altcoin season.　　“The question for investors is whether ETH is now cheap enough to mark a durable bottom – the precondition for ETH outperformance and, historically, for a broader altcoin season,” the analysts wrote.　　The report argued that Ethereum is closer to a market bottom with less downside risk compared to upside, as it is trading near $1,900, roughly 17%

07-25انڈسٹری

A 7 year Ledger bug lets attackers rebuild a private key from five signatures in seconds

Zilliqa has suspended native transactions after discovering that roughly five affected signatures from the same private key may provide enough information to reconstruct that key, creating a recovery problem that an ordinary transfer cannot safely solve.　　The vulnerability is confined to Schnorr signatures generated for native, non-EVM transactions through the Zilliqa Ledger app, according to the networks security disclosure. Zilliqa said every version of the app released between 2019 and 2026 contained the flaw.　　Zilliqa said it detected on-chain activity consistent with active exploitation on July 19 and confirmed the root cause on July 21. The disclosure did not identify affected addresses or quantify any losses.　　Public signatures can expose the private key　　The flaw occurred while the Ledger app generated the ephemeral nonce required for each native Zilliqa signature. The signing routine generated 40 bytes of randomness and reduced the result modulo the secp256k1 curve order, but then copied the wrong 32-byte range into the nonce buffer.　　That operation retained eight zero-padding bytes while discarding eight bytes of actual entropy, fixing the nonces highest 64 bits at zero and leaving each value below 2192.　　Zilliqa said an attacker can combine approximately five affected signatures produced by the same private key and use lattice-reduction techniques to

07-25انڈسٹری

BitMEX Co-Founders Face Fresh Lawsuit Over Liquidations

BitMEXs final months have taken another dramatic turn after two former customers accused the cryptocurrency exchange of operating against its own users. The proposed class action targets co-founders Arthur Hayes, Samuel Reed, Benjamin Delo, and several affiliated entities.　　The lawsuit arrived just before BitMEX confirmed it would permanently close in September 2026. Consequently, the legal challenge has intensified scrutiny over the platforms trading practices, liquidation system, and handling of customer funds during its years of operation.　　Alleged Trading Practices Under Scrutiny　　The plaintiffs argue BitMEX secretly ran an internal trading operation that accessed confidential customer information. They claim the desk identified liquidation levels and executed trades designed to trigger forced closures.　　Moreover, the lawsuit alleges the exchange disguised these activities through anonymous accounts. The filing also argues BitMEX directed excess collateral from liquidated positions into its Insurance Fund instead of protecting customers.　　Plaintiffs Seek Bitcoin Recovery　　Additionally, the complaint revisits the March 2020 trading disruption, claiming the outage intentionally prevented users from managing positions during extreme market volatility. The plaintiffs report losing hundreds of Bitcoin through multiple liquidations between 2018 and 2020. Instead of requesting cash damages, they seek the return of their Bitcoin.　　Besides, the proposed class could include thousands of U.S. traders, with total claims

07-25انڈسٹری

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