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El Salvador’s Bitcoin reserve fails to help the average citizen — NGO exec

El Salvador’s Bitcoin (BTC) reserve has had limited impact on the broader population, and the country’s loan agreement with the International Monetary Fund (IMF) may further complicate its Bitcoin strategy, according to Quentin Ehrenmann, general manager at My First Bitcoin, a non-governmental
EL2.63%
BTC1.36%
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ETH bulls target $9K: Does the data support the lofty price target?

Key takeaways:
ETH gained 50% in two weeks, and Elliott Wave models are pointing to a possible $9,000 top by early 2026.
Onchain fundamentals are strong: 28% of ETH is staked, exchange balances are at their lowest since 2016, and new buyer inflows are accelerating.
Network usage remains near fu
ETH2.52%
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ETH price still on track for $4K even as Bitcoin, altcoins sell-off

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ETH2.52%
BTC1.36%
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Dragonfly responds to DOJ scrutiny over Tornado Cash investment, vows to ‘vigorously defend’ itself

Dragonfly Capital could be the target of federal charges stemming from its early investment in Tornado Cash developer PepperSec, Inc., but the venture firm says it is prepared to “vigorously defend” itself if prosecutors pursue the case.
In a Friday social media post, Dragonfly Capital managing par
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Roman Storm’s team expected to close case next week, developer may still testify

Defense attorneys representing Tornado Cash co-founder and developer Roman Storm will reportedly rest their case sometime next week, sending the matter to the jury.
According to reporting from Inner City Press on Friday, Judge Katherine Failla said she expected to hear closing statements from
STORM3.98%
MAY0.49%
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Tokenized money market funds emerge as Wall Street’s answer to stablecoins

The tokenization of money market funds marks a significant step in preserving the appeal of “cash as an asset,” especially as the growing adoption of stablecoins threatens to erode the attractiveness of traditional fund offerings, according to JPMorgan strategist Teresa Ho.
Commenting on recent
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The centralization crisis threatens data privacy

Opinion by: Angie Darrow, chief marketing officer and chief ecosystem communications officer at Web3 Foundation
When a temporary data cloud outage can disrupt the global financial system — as the AWS Tokyo outage demonstrated in April — something’s gone wrong with the infrastructure that
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Smart contract devs think AI code will make crypto safer despite vibe coding fears

Smart contract developers and auditors told Cointelegraph that artificial intelligence usage in programming will make crypto safer despite earlier reports suggesting that AI-generated code may introduce new security risks.
A November 2024 report by the Center for Security and Emerging Technology
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Sharplink hits back at BitMine’s $2B Ether buy with BlackRock hire

Sharplink, a major public company with significant Ether holdings, has hired a veteran BlackRock executive as the corporate Ether treasury race heats up.
Former BlackRock senior executive Joseph Chalom has joined Sharplink as its new co-CEO, effective July 24, the company announced on Friday.
In h
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Vietnam deploys national blockchain for identity and records

Vietnam has officially launched a national blockchain platform designed to serve as the backbone for its expanding digital ecosystem
On Friday, Vietnam announced the launch of a state-run blockchain network, which will verify digital transactions and records across different sectors
The new plat
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XRP issuer Ripple sees its RLUSD stablecoin grow among retail users

Ripple USD, a stablecoin issued by XRP coin issuer Ripple, was initially marketed as an “enterprise-focused” stablecoin but has since gained notable traction among retail users.
Ripple officially introduced
XRP1.15%
GROW7.42%
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Arizona woman sentenced for helping North Korea coders get US crypto jobs

An Arizona woman has been sentenced to more than eight years in federal prison for helping North Korean operatives infiltrate US cryptocurrency and tech firms using stolen identities and fraudulent documents.
According to a Thursday announcement by the US Attorney’s Office for the District of
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NFT market cap surged to $6.6B in July: DappRadar

The non-fungible token (NFT) market is showing signs of a resurgence, as the sector’s total market capitalization reached $6.6 billion in July, according to the data platform DappRadar
The platform reported Thursday that the figure represents a 94% increase from the previous month. Weekly
RADAR3.74%
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Bitcoin 'strength' index crashes as Galaxy Digital sales liquidate $500M

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Logan Paul can’t blame CryptoZoo co-founders for collapse, judge says

YouTuber Logan Paul shouldn’t be allowed to blame the co-creators for the failure of his crypto project CryptoZoo to escape a lawsuit, a US judge has advised.
Magistrate Judge Ronald Griffin on Tuesday urged a federal court in Austin, Texas, to deny Paul’s request for a default judgment against Cry
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