Cryptopolitan
33213 Articles
Founded in 2018, Cryptopolitan has grown from a popular blog into a trusted source of news and analysis for millions of readers worldwide. Over the years, we have expanded our coverage to include a wide range of topics, from market trends and technological innovations to regulatory changes and industry events.
Our team includes seasoned journalists, industry experts, and passionate crypto enthusiasts who are committed to delivering high-quality news.
Cryptopolitan is continuously expanding its network and offerings to reach a global audience across the cryptocurrency, AI, gaming, blockchain and web3 markets.
Crypto cards set new records in June, with $245M in top-ups in the best week to date
Crypto cards are booming despite the sluggish trading sentiment. Influencers still warn that not all card issuers are viable, as some are currently holding aggressive point-farming campaigns.
Tue, Jul 7
South Korea’s FSS chief warns again on leveraged stock bets as KOSPI swings
The head of South Korea’s Financial Supervisory Service (FSS), Lee Chan-jin, has reiterated his warning to individual investors who borrow excessively to bet on rising stocks that this could lead to ruin. The risk of financial disaster increases when savings are funneled into a few select investments or money is borrowed. Lee spoke on the...
Tue, Jul 7
Trump reveals crypto shift was driven by politics and profit potential
President Donald Trump says he entered the crypto space, in part, for political reasons and after noticing the industry’s massive profits. While announcing a new minor savings vehicle called “Trump Accounts” from the Oval Office on Monday, Trump was pressed on whether the program would accommodate Bitcoin. He responded with, “I’ve become a big crypto...
Tue, Jul 7
Kalshi, Polymarket Non-Sports Volume Hits Record $4.4 Billion Weekly High
The total non-sports volume across two of the largest prediction market platforms, Kalshi and Polymarket, crossed the $4 billion mark for the first time, closing at $4.4 billion last week. Kalshi accounted for nearly 86% of that volume, notching up a new non-sports weekly high of $3.8 billion. What makes this figure really shine through...
Tue, Jul 7
Ondo Perps launches with 20x leverage for tokenized stocks
Ondo Finance is launching Ondo Perps, an on-chain platform designed for perpetual futures trading in U.S. stocks, exchange-traded funds (ETFs), and commodities, providing eligible traders (from outside the U.S.) with leverage of up to 20x on such stocks as Apple (AAPL), Nvidia (NVDA), and Tesla (TSLA), among others. Over the weekend, the project aimed to...
Tue, Jul 7
ENS proposes 5 million-token delegation plan to break founder Johnson’s vote grip
The Ethereum Name Service DAO is preparing to give away voting power over 5 million of its own governance tokens in a move designed to break a single delegate’s ability to decide DAO outcomes. ENS co-founder Alex Van de Sande, posting as avsa.eth, uploaded the draft proposal to the ENS governance forum on July 6,...
Tue, Jul 7
Samsung guides to record profit on AI memory, and the market yawns
Samsung Electronics announced on Tuesday (July 7) that it expects its operating profit in the second quarter to go up to around 89.4 trillion Korean won, representing close to 19 times the profit it registered in the same quarter last year, due to the boom in the memory chips used for AI. However, investors were...
Tue, Jul 7
Crypto yield faces a securities test as court revives DCG fraud claim
A federal judge in Connecticut has reinstated a fraud lawsuit against Digital Currency Group (DCG), its founder Barry Silbert, and other defendants regarding the failed Genesis Yield project, while also allowing a federal appeals court to ponder a monumental question that can impact the way crypto lending is done. The question is: “Are crypto yield...
Tue, Jul 7
BonkDAO drained of $20 million in governance attack, BONK slides
An attacker has moved roughly $20 million in BONK tokens out of the BonkDAO community’s treasury. The token is now down more than 9%. A chunk of the total token supply is now sitting in a thief’s wallet until they decide to sell. How was BonkDAO attacked? BonkDAO confirmed through its official X account that...
Mon, Jul 6
Why is Dell stock rallying today?
Dell Technologies (NYSE: DELL) became one of Monday’s loudest tech trades, closing with a 4% gain. This of course comes after Trump had just taken part in a rare market-opening event from the Oval Office with the New York Stock Exchange and the Nasdaq. Then he told buyers, “Go out and buy a Dell computer.”...
Mon, Jul 6
UNDP expands Stellar blockchain payments programme
The United Nations Development Programme (UNDP) has announced a new agreement with the Stellar Development Foundation to use the Stellar blockchain for aid payments. This agreement will see the blockchain used as a standard tool across all UNDP country offices, after almost 2 years of trials. The deal extends a partnership that has been running...
Mon, Jul 6
Supreme Court sides with Texas in age verification standoff with Big Tech
The Supreme Court on Monday let Texas enforce a law requiring app stores to verify users’ ages and obtain parental consent before minors download apps, handing the tech industry a defeat while a First Amendment challenge plays out. The order came through the court’s emergency docket. The justices offered no explanation and recorded no dissents,...
Mon, Jul 6
Trump-backed American Bitcoin buys 500 BTC for $30M as Saylor offloads
American Bitcoin has bought 500 BTC for more than $30 million, lifting its treasury to around 8,000 BTC. Also, Strive continues to add to its own stack, while Michael Saylor’s Strategy just informed regulators it has sold 3,588 Bitcoin to fund dividend payments. A few weeks ago, Strategy, which is the largest corporate holder of...
Mon, Jul 6
Why's Terawulf stock surging today?
TeraWulf (NASDAQ: WULF) shares jumped 17% on Monday after the former Bitcoin miner announced it had signed a 20-year lease with Anthropic. The company expects to bring in roughly $19 billion from the deal. This deal hands one of the most closely watched AI-infrastructure players a marquee tenant and two decades of contracted revenue. WULF...
Mon, Jul 6
China pulls 14,000 AI products offline even as it races the US for the lead
China’s internet regulator revealed that it has removed more than 14,000 AI products from the country’s networks in the opening phase of a cleanup campaign. Beijing is tightening domestic control of AI in order to protect users from platforms with weak safety policies and regulatory standards. How is China protecting users from AI? The Cyberspace...
Mon, Jul 6
SpaceX gifts stock to Trump Accounts while Trump doubles down on the stock market
Gwynne Shotwell, the president of SpaceX (NASDAQ:SPCX), said on Monday that she will give away company stock to help fund the new Trump Accounts program, adding her name to a growing line of companies and rich business owners who are backing the children’s savings plan. The gift comes from stock owned by Shotwell and her...
Mon, Jul 6
SUI tops the list as $1.4 billion in tokens unlock this week
Token unlocks top $1.4 billion this week, with SUI leading at $62.68 million across ten major crypto projects.
Mon, Jul 6
Microsoft cuts 4800 jobs, lays off more than 2% of its workforce
Tech giant Microsoft has confirmed that it is eliminating around 4,800 roles, which is about 2.1% of its global workforce. The job cuts land the hardest on its Xbox gaming and commercial sales teams, the company told staff on Monday. The layoffs were confirmed in an internal memo from Amy Coleman, Microsoft’s chief people officer....
Mon, Jul 6
Tom Lee's Bitmine buys 42,197 ETH worth $74m
Bitmine Immersion Technologies added 42,197 ETH to its treasury last week for about $74 million, lifting the company’s Ethereum holdings to 5.74 million ETH and moving the company even closer to reaching its stated goal of owning 5% of all ETH in circulation. The new ETH purchase, disclosed in a Monday briefing on July 6,...
Mon, Jul 6
Russia's Sberbank to launch crypto wallet before end of year
Russia’s largest bank, Sberbank has stated its plans to add a crypto wallet for digital assets to its banking apps by December. First deputy chairman Kirill Tsarev told local outlet RBC today in a move that pulls the bank into a market that has been relatively suppressed by Moscow for years. The launch of the...
Mon, Jul 6
