Spanish Bank Banco Santander Reveals $4.3M Bitcoin Position

Spain’s largest bank, Banco Santander, has revealed a $4.3 million investment in Bitcoin.  According to a Securities and Exchange Commission filing, the Madrid-based bank bought the exposure via BlackRock’s iShares…

AI Fund With Bitcoin Miner Bets Seeks Capital After Rout: FT

Situational Awareness, a hedge fund founded in 2024 by ex-OpenAI researcher Leopold Aschenbrenner, has approached investors and lenders for fresh capital after suffering heavy losses in the recent artificial intelligence…

Samsung SDS Targets Stablecoin Infrastructure With Dunamu

Samsung SDS, the IT services arm of Samsung Group, is exploring stablecoin infrastructure, digital asset systems and AI-based payment models with Dunamu, the operator of Upbit, one of the biggest…

Robinhood Posts Record Quarter as Crypto Revenue Falls 38%

[Update 08:55 UTC, July 30: Updates with additional reporting and context.] Online brokerage Robinhood posted record second-quarter revenue and earnings, though cryptocurrency transaction revenue fell 38% from a year earlier.…

Bitcoin ETF inflows return as Ether funds slip into outflows

US spot Bitcoin ETFs recorded $32.1 million in inflows on Wednesday despite Bitcoin dipping below $64,000, ending a four-session outflow streak. Source link

Australia Takes Telegram to Court Over Extremist Content

Telegram, the messaging platform used by more than 1 billion people worldwide, is facing a major legal challenge in Australia over claims that it failed to stop the spread of…

Chinese newspaper warns of Bitcoin extortion scam using its name

China Business Journal says fraudsters impersonated the publication, demanding Bitcoin to suppress purported investigative reports about targeted companies. Source link

US Sanctions Iran-Linked HormuzSafe, Cites Bitcoin Payments

The US Treasury has sanctioned two Iranian maritime firms involved in an alleged Islamic Revolutionary Guard Corps (IRGC)-backed insurance network, saying one accepted Bitcoin (BTC) and other digital assets to…

South Korea report proposes stablecoin rules before crypto law

Policy report recommends interim licensing guidance, greater flexibility for stablecoin issuers and rules ahead of the Digital Asset Basic Act. Source link

Luno Cuts 20% of Staff as Crypto Layoffs Widen in July

Crypto exchange Luno is reportedly cutting about 20% of its global workforce as it restructures operations and shifts more resources toward institutional clients, financial infrastructure and business-to-business services.  According to…