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ESMA updates its MiCA register list with 37 new crypto firms
The European Securities and Markets Authority (ESMA) updated its interim MiCA register Friday, adding 37 licensed crypto-asset service providers to the list. The update is the first since the MiCA transitional period closed on July 1, bringing the total number of licensed EU crypto providers to 280 from 243 the week before. Among the new...Cryptopolitan
Fri, Jul 3
Most perp DEX traders depend on operator honesty, L2beat warns
Blockchain research firm L2BEAT published a comparative analysis of perpetual futures exchanges Hyperliquid and Lighter on July 2. In its findings, the research firm discovered that none of the platforms fully protects traders through verifiable math alone. The report matters to anyone trading leveraged crypto derivatives on venues that market themselves as decentralized alternatives to...Cryptopolitan
Fri, Jul 3
Brazil freezes $2 billion in assets after US sanctions target PCC money laundering network
Brazilian Federal Police recently seized assets worth roughly $2 billion in a drug trafficking and money laundering investigation. Days before this seizure, the U.S. Treasury imposed sanctions against two Brazilian nationals and four companies tied to Primeiro Comando da Capital, one of Latin America’s largest criminal organizations. Brazil’s crackdown on crypto crime continues Brazilian Federal...Cryptopolitan
Fri, Jul 3
Zcash vs Monero: ZEC outpaces XMR despite cooling retail demand
Privacy-focused coins Zcash (ZEC) and Monero (XMR) exhibit a wide range of recovery signs on Friday, as bulls tighten their grip following weeks of extended declines. ZEC hovers above $460, marking three straight days of gains, while XMR moderates gains above $320.
China clears Unitree for $619 million IPO listing
Chinese robot maker Unitree Robotics has been approved for an IPO in Shanghai later this month. The China Securities Regulatory Commission signed off on Unitree’s application on Thursday, clearing the last regulatory hurdle for the company to go public on the Shanghai Stock Exchange’s STAR Market. Unitree plans to raise roughly 4.2 billion yuan ($618.4...Cryptopolitan
Fri, Jul 3
RBI tells Indian parliament crypto should not get legal status, keeps prohibition on the table
The Reserve Bank of India (RBI) has informed a parliamentary committee that cryptocurrencies pose a threat to India’s economy, and it is also recommending that they should not be legalized. The bank has had a long-standing opposition to digital assets, and this latest submission reinforces its position as lawmakers weigh the country’s digital asset policy....Cryptopolitan
Fri, Jul 3
Samsung, Dunamu, and other Korean firms have denied a formal role in the Open USD alliance
Several South Korean companies listed among the partners in Open USD have come out to deny a formal role in the alliance. Open USD was announced on June 30th, listing 140-plus partners, including financial heavyweights such as Visa, Stripe, Mastercard, American Express, BlackRock, and Coinbase, among others. Thirteen Korean firms appeared on the list, including...Cryptopolitan
Fri, Jul 3
BubbleMaps flags LAB token for looming presale unlock, warns of price collapse
BubbleMaps has sent another warning to LAB token holders ahead of a scheduled cliff unlock that the blockchain analytics firm expects to trigger a sharp selloff large enough that it would cause pain for investors sitting on roughly $1 billion in unrealized gains, while full presale allocations remain locked until 2027. The latest warning adds...Cryptopolitan
Fri, Jul 3
How prediction market traders manipulated Spotify's streaming numbers
Spotify confirmed it removed roughly 500,000 artificial streams from Malcolm Todd’s song “Earrings” after the track’s jump to the top of its daily U.S. chart raised alarms from traders. Spotify has now said it will be tightening how it publishes chart data following the incident. “Earrings” dropped to fourth place on the charts after the...Cryptopolitan
Fri, Jul 3
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