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The Future of Money

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🇮🇷 🇺🇸 JUST IN: US Treasury Secretary Scott Bessent says OFAC sanctioned multiple digital asset wallets tied to Iran’s central bank, freezing more than $130M.

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🇨🇳 JUST IN: China’s economic growth slows to its weakest pace since late 2022 as Q2 GDP misses expectations.

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⚡️ EXCLUSIVE: Coinbase’s Head of Platform, Rob Witoff, says 95% to 100% of the company’s code is now written with the help of AI.

Most engineers run five to ten AI agents at a time, collectively doing the coding work of about 1,200 employees.

Read the full story:

https://cointelegraph.com/news/over-95-of-coinbases-code-is-now-written-with-ai

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🇺🇸 ETF FLOWS: BTC and ETH spot ETFs saw net inflows on July 14.

BTC: $181.08M
ETH: $58.34M

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🇯🇵 JUST IN: Japan has passed a landmark bill classifying crypto as a financial asset, paving the way for Bitcoin ETFs and a flat tax rate of around 20%.

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🇺🇸 NEW: Elon Musk says X will make its entire codebase open source after completing a security review and invite independent reviewers to verify the live system matches the published code.

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🚨 Robinhood Chain volumes are exploding and that could be very good for Ethereum… but only if the "ETH is money" crowd turns out to be right.

The launch has reignited crypto's oldest debate: does L2 growth ever translate into lasting demand for ETH?

👉 Full story

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BitMine says ETH staking drove 98% of its Q2 revenue, up from just $2M a year ago. But ETH price swings erased $3.8B a quarter earlier. Is staking enough to sustain an ETH treasury company?

💬 Top 3 comments win Telegram Premium
Anonymous Poll
32%
Yes, staking is steady income the business can count on
18%
Yes, but only if ETH price stays flat or rises
15%
It helps, but balance sheet losses still matter more
21%
No, staking yield is too small to offset the risk
13%
Depends on how much ETH they hold and stake
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🇮🇶 JUST IN: President Trump says the U.S. will strike “a lot of deals” with Iraq and that American companies will expand oil production in the country, according to Reuters.

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What could derail Bitcoin's next bull run?

In our latest interview, Xapo CEO Seamus Rocca explains why just two companies pose the biggest concentration risk to Bitcoin—and why perception alone could trigger a major shock to the market.

https://youtu.be/GuSn5mgLlxA

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🔎 RESEARCH: Most RWA discussions focus on issuance. But for private credit, the harder question is enforcement. Can investors recover funds if the borrower defaults?

If the answer depends only on a token, the structure is incomplete. Credit still lives in legal systems. 8lends tested this directly.

Its parent, Maclear AG, recorded one default: an Italian company called Vibroedil, which entered insolvency in July 2025 after receiving a €150,000 loan. In no time, collateral recovery under Italian pledge law fully covered investors’ principal.

That is the difference between a token and an enforceable claim.

Read more insights: 👇

https://s3.cointelegraph.com/reports/8lends_report.pdf

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🔥 NEW: JPMorgan tokenizes the Invesco QQQ Trust, converting the ETF into a real-world asset token.

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🇮🇳 INSIGHT: India taxes crypto gains at 30% with 1% TDS, still 39 million verified users hold about $2.1 billion in assets.

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🇰🇷 TODAY: Bank of Korea raises rates to 2.75% in first hike in over three years.

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