CryptoBreaking News

A group of Ugandan farmers will file a lawsuit in the UK High Court against the East African nation's crude pipeline, potentially delaying exports. Bloomberg's Jennifer Zabasajja reports.

Strategy strengthened its financial position by selling US$216 million worth of Bitcoin (CRYPTO:BTC), according to a new report from Grayscale, which said the transaction reduced financing risk rather than signalling financial weakness.

Radar Chat has launched a messaging application that combines end-to-end encrypted conversations with self-custodial Bitcoin (CRYPTO:BTC) payments over the Lightning Network, allowing users to send Bitcoin without leaving a chat.

Kalshi's request for a preliminary injunction was denied after a US federal judge ruled that New York can continue enforcing its gambling laws against the company's sports-related prediction market offerings while the case proceeds.

Bitcoin Suisse has secured full Financial Services Permission from the Financial Services Regulatory Authority of Abu Dhabi Global Market, allowing its subsidiary to provide regulated cryptocurrency services to institutional clients across the United Arab Emirates.

StarkWare CEO Eli Ben-Sasson proposed replacing Bitcoin's (CRYPTO:BTC) fixed 21 million coin supply cap with a 4% annual issuance rate.

Swyftx has secured an Australian Financial Services Licence (AFSL), allowing the cryptocurrency exchange to offer derivatives and payment services as it expands beyond spot crypto trading.

Robinhood CEO Vladimir Tenev said the Robinhood Chain supports memecoin activity alongside its primary goal of enabling real-world asset tokenisation after the CASHCAT memecoin rose about 950% in 24 hours.

Binance announced it will temporarily suspend deposits and withdrawals for Metal (CRYPTO:MTL) from 3:00 p.m. UTC on July 8 to support a scheduled network upgrade and hard fork.

Secret Network (CRYPTO:SCRT) has proposed moving from the Cosmos blockchain to Ethereum layer-2 Arbitrum after citing growing security risks from ageing code and AI-assisted exploits following a US$4.7 million bridge exploit.

XRP (CRYPTO:XRP) is showing growth across tokenised assets, investment flows and user activity, with XRP treasury company Evernorth reporting about US$4 billion in tokenised real-world assets on the XRP Ledger.

Cao Xudong, founder, chairperson and CEO of Momenta Global, says the autonomous-driving company is targeting breakeven next year and profitability by 2028. He also discusses plans to use proceeds of its IPO to expand AI computing capacity. Cao speaks exclusively on Bloomberg: The China Show.