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1inch co-founder has announced his exit from the project
Co-founder of 1inch, Anton Bukov, has left the project after six years and is starting a new venture. In a post on Thursday, Bukov said he was fired from the 1inch team in late November 2025, though he keeps his co-founder title and a 50% ownership stake. The DEX aggregator confirmed the exit on X,...
Cryptopolitan
Thu, Jul 16
U.S. Senate has passed a resolution to oppose a pardon for Sam Bankman-Fried
The U.S. Senate has moved to oppose any pardon for disgraced FTX founder Sam Bankman-Fried from the White House. A resolution, S. Res. 772, cleared the chamber by unanimous consent on Wednesday, establishing the Senate’s resolve that “under no circumstances” should SBF receive executive clemency, whether a pardon or commutation. The nonbinding resolution carries no...
Cryptopolitan
Thu, Jul 16
Ukraine cracks down on Russia’s crypto flows in step with new EU sanctions
Ukraine is now targeting Russia’s ability to evade financial restrictions using modern technology, including cryptocurrencies and stablecoins. The move brings Kyiv’s sanctions regime in line with the EU’s most recent packages of measures against Moscow and goes beyond them in certain areas. Zelenskyy slaps Russia with new crypto sanctions Ukrainian authorities are expanding restrictions for...
Cryptopolitan
Thu, Jul 16
Morpho returns online after AWS outage takes down services
Morpho has confirmed that its web app and API came back online following a partial outage that it blamed on an Amazon CloudFront failure. The Amazon downtime took out the second-largest onchain lending network, behind only Aave, for several hours, during which borrowers and lenders could not reach the app.morpho.org and api.morpho.org portals. Morpho is...
Cryptopolitan
Thu, Jul 16
India's ED seizes crypto worth ₹3.35 crore in fraud-linked laundering raids
India’s Enforcement Directorate seized cryptocurrency worth roughly ₹3.35 crore (about $390,000) and froze bank balances tied to an online investment fraud and a work-from-home scam. This seizure of illicit funds is the most recent move Indian authorities have taken in the fight against crypto-related crime and money laundering. How did the ED track money from...
Cryptopolitan
Thu, Jul 16
Crypto Today: Bitcoin, Ethereum, XRP run into resistance as retail buying cools
Cryptocurrencies are broadly consolidating on Thursday, while Bitcoin (BTC) retreats toward support at $64,000. Ethereum (ETH) hovers below $1,800, with its upside seemingly limited, following a macro-driven rally.
Ethereum
Bitcoin
XRP
Fxstreet
Thu, Jul 16
Nvidia deepens Japan robotics push while cutting Asian chip distributors
Nvidia (NASDAQ: NVDA) has announced that ten of Japan’s largest industrial names, including FANUC, Fujitsu, Sony Group and SoftBank Corp., plan to build robots and factory systems on its physical AI software. This announcement comes in spite of the fact that Nvidia is halving its approved distributor list across Asia to keep advanced GPUs out...
Cryptopolitan
Thu, Jul 16
Users were warned before Polychain-backed Cascade suffers $1.3M exploit
Cascade, a Polychain-backed perpetuals platform, has informed users in its Discord that its main vault has been drained of over $1.3 million in USDC. It wrote, “Cascade detected a security exploit affecting our CLS vault, resulting in a loss of approximately $1.3M in user funds. We immediately paused all trading and withdrawals while we investigate.”...
Cryptopolitan
Thu, Jul 16
TikTok fights to maintain reputation amid Ofcom investigation, AI content avalanche
TikTok is under formal investigation by the UK’s internet watchdog over how children are tricking the age filters on the platform. Ofcom says that TikTok’s approach to age verification is not enough, as it uses “age inference” to estimate age through the behavior on the app. The regulator says it lacks what the law requires. Kate...
Cryptopolitan
Thu, Jul 16
Bitcoin Price Forecast: BTC pauses recovery as geopolitical tensions outweigh cooling inflation
Bitcoin (BTC) slips below $64,000 at the time of writing on Thursday after failing to close above the 50-day Exponential Moving Average (EMA) near $65,120 the previous day.
Bitcoin
Fxstreet
Thu, Jul 16
Hyperion DeFi backs Skew with 500K HYPE on Hyperliquid
On Wednesday, Hyperion DeFi (NASDAQ: HYPD) announced that it will lend 500,000 staked HYPE tokens worth about $33.6 million to Skew Technologies with the purpose of putting up the collateral that Hyperliquid needs to open new institutional futures markets. The deal underlines the potential of public crypto treasury companies to start making money from rented...
Cryptopolitan
Thu, Jul 16
Researchers say traders may have been manipulating Polymarket’s five-minute BTC bets
A new study suggests traders may be manipulating Polymarket’s five-minute Bitcoin bets to swing wagers their way. Researchers at Stanford University and Singapore Management University said they examined roughly 16,000 of Polymarket’s five-minute Bitcoin contracts for two months, finding signs that traders may have been manipulating spot price on Binance. “In the final seconds before...
Cryptopolitan
Thu, Jul 16
Paymonade secures MiCAR license to continue fiat settlement business in Euro Area market
Paymonade has secured a MiCAR license from the Liechtenstein Financial Service Authority, gaining access to 30 countries in the Euro Area with no restrictions on trading, as well as crypto and fiat operations.
Cryptopolitan
Thu, Jul 16
Hyundai to take full control of Boston Dynamics
Hyundai Motor Group is planning to take full control of Boston Dynamics by acquiring the remaining stake held by SoftBank. The group said Thursday that SoftBank exercised a put option to offload its remaining stake in Boston Dynamics under an existing agreement between the two companies, Korea Times reported. Hyundai first bought into the U.S....
Cryptopolitan
Thu, Jul 16
Pyth Network Price Forecast: PYTH gains momentum amid extended Coinbase support
Pyth Network (PYTH) recovers nearly 5% on Thursday, approaching the $0.05000 psychological mark. The Wednesday release of SK Hynix and Lumentum perpetual futures on Coinbase, powered by Pyth Network, lifts retail demand.
Fxstreet
Thu, Jul 16
After over $156 trillion in trades nine years, Binance turns the spotlight on its users
Binance is currently celebrating its ninth anniversary, and the largest crypto exchange by market cap chose the occasion to publicize that its registered users have now crossed 323 million, which it calculates as roughly 43% of everyone in the world who owns cryptocurrency.To mark the occasion, Binance is running a campaign called “Built by You”...
Cryptopolitan
Thu, Jul 16
Cardano Price Forecast: Whale accumulation, van Rossem hard fork update support recovery prospects
Cardano (ADA) trades slightly lower around $0.161 on Thursday after a mild rejection the previous day. Despite the price pullback, on-chain data show that wallets holding ADA tokens are accumulating, signaling growing confidence among large investors.
Cardano
Fxstreet
Thu, Jul 16
Apple AI deal sends Alibaba and Baidu shares higher on China integration plans
Shares of Alibaba and Baidu climbed on Tuesday after Apple secured regulatory approval to roll out Apple Intelligence in mainland China. The approval clears a major hurdle for the iPhone maker’s long-awaited AI expansion in the world’s largest smartphone market. The approval confirms that the iPhone maker will rely on local partners Alibaba and Baidu...
Cryptopolitan
Thu, Jul 16
Lido DAO Price Forecast: LDO extends rally as bulls eye further 10% upside
Lido DAO (LDO) extends a four-day rally with nearly 4% gains on Thursday, emerging as a top performer so far this week.
Fxstreet
Thu, Jul 16
Pi Network Price Forecast: PI holds at key support amid mainnet upgrade announcement
Pi Network (PI) price continues to maintain a consolidative tone on Thursday, halting the prevailing declining trend near a descending support trendline around $0.0730. The announcement of the upcoming mainnet upgrade to the Stellar Protocol version 25 helps limit the selling pressure.
Fxstreet
Thu, Jul 16
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