🔥 Circle to launch Arc, a layer 1 blockchain dedicated to stablecoins.

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🇻🇳 Vietnam will launch a pilot project to establish a national cryptocurrency exchange.

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🇰🇿 Kazakhstan today launches trading of Central Asia’s first spot Bitcoin ETF.

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🇺🇸 U.S. banks have called for a ban on exchanges paying interest for staking stablecoins, pointing to a loophole in the GENIUS Act that allows affiliated companies to bypass the prohibition for issuers.

They argue this could trigger trillions of dollars in bank deposit outflows and increase financial stress in the country.

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⛔️ Blockchain startup Eden Network is shutting down “due to intense competition in the MEV sector and high expenses.”

The project raised over $17 million from investors including Multicoin Capital, Alameda Research, Jump Capital, and Wintermute.

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🇪🇪 Estonian banker Rain Lõhmus bought 250 000 ETH for $75 000 during the 2015 ICO at $0.30 per coin but lost access to the wallet.

Today, the coins are worth over $1.16 billion.

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🇹🇷 Turkish crypto exchange BtcTurk has been hacked for $50 million.

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🇺🇸 U.S. mining company American Bitcoin, backed by the Trump family, is ordering 16 299 Antminer U3S21EXPH units from Bitmain in a deal worth about $314 million.

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🕵️‍♂️ Former Pump․Fun developer Jarrett Dunn has admitted to stealing $2 million worth of Solana tokens from the platform.

A London court is treating the case as a serious offense, carrying a sentence of up to seven years in prison.

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🚓 Illegal crypto mining is on the rise in Tajikistan and Kazakhstan.

🇹🇯 In Tajikistan, damages to the power grid reached $3.52 million in the first half of 2025, with dozens of mining setups uncovered and several criminal cases opened.

🇰🇿 In Kazakhstan, power company employees illegally supplied mining farms for two years, causing $16.5 million in damages; the organizer’s property was confiscated.

Mining is legal in both countries but tightly regulated due to its strain on the energy system.

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🇹🇭 On August 18, Thailand will launch TouristDigiPay, a service allowing foreign visitors to convert cryptocurrency into Thai baht and pay online via QR code.

To use it, tourists must have an account with a licensed provider and complete KYC. The initiative will be introduced by Deputy Prime Minister and Finance Minister Pichai Chunhavajira.

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🐃 Bitcoin has been in a bull market for about three years straight. Since November 2022, when its price hit a low of $15.7K, it has kept climbing.

Investor sentiment has stayed mostly positive, and this is now the longest bull run in Bitcoin’s history.

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