Latest Crypto News & Market Updates

Riot Platforms signs $9.1B AI deal reportedly with Anthropic

Riot Platforms has signed a 20 year data center agreement worth an expected $9.1 billion for 191 megawatts of computing capacity at its Rockdale campus in Texas, marking another major step away from relying solely on Bitcoin mining.　　SummaryRiot signed a 20 year lease for 191 MW, expected to generate $9.1 billion initially.Bloomberg identified Anthropic as Riots unnamed frontier AI tenant, citing people familiar with the matter.Riot expects full deployment by June 2028, after delivering 96 MW initially in December 2027.Extension options could raise total contract revenue to $16.1 billion if Anthropic exercises both periods.Riot secured $573 million from Morgan Stanley to fund initial construction while final financing progresses.　　Riot described the customer in its Aug. 10 SEC filing only as a leading frontier AI lab.　　Bloomberg subsequently identified the tenant as Anthropic, developer of the Claude artificial intelligence models, citing people familiar with the transaction. Neither company publicly confirmed Anthropic‘s identity when Bloomberg contacted them. Riot declined to comment, while Anthropic did not respond. The distinction means the contract itself is confirmed, but the customer’s identity currently rests on Bloombergs reporting.　　You might also like:　　Riot Platforms moves another 500 BTC to NYDIG custody　　Riot Platforms turns Rockdale power toward AI　　Riots official release says the

3 days agoIndustry

Broadridge's Distributed Ledger Repo platform processes $8 trillion in July volume

Quick TakeBroadridge announced that its Distributed Ledger Repo platform has processed $8 trillion in volume in July, averaging $365 billion per day.Broadridge also offers services enabling onchain proxy voting and governance, and managing digital asset infrastructure across post-trade, wallets, and custody.　　Broadridge Financial Solutions, a New York-listed fintech, announced that its Distributed Ledger Repo (DLR) platform processed over $8 trillion in July.　　According to the firms Monday press release, the blockchain-based repo platform processed an average of $365 billion per day last month, representing a 28% increase year-over-year.　　“Tokenization is increasingly becoming part of how institutions optimize liquidity and collateral management,” said Horacio Barakat, global head of digital innovation at Broadridge. “DLR continues to demonstrate that distributed ledger infrastructure can support the scale, reliability and interoperability required for core financing activity.”　　DLR allows companies to settle repurchase agreement (repo) transactions on distributed ledger technology while operating within their existing trading and post-trade environments.　　The use of the technology enhances efficiency and liquidity management by enabling real-time financing and movement of tokenized collateral across counterparties, according to Broadridge.　　Outside of DLR, Broadridge also uses blockchain technology to offer firms onchain proxy voting and governance, and to manage digital asset infrastructure across post-trade, wallets, and custody.　　In May, Galaxy

3 days agoIndustry

Trump Media to revamp crypto treasury strategy after $238M Q2 loss

Trump Media said it plans to revamp its digital asset treasury strategy after unrealized losses on crypto and securities helped push the company to a $238 million net loss in the second quarter.　　The company reported $190.4 millio n in unrealized losses across its digital assets, pledged digital assets and equity securities in its Q2 earnings release on Monday.　　Trump Media said the new framework is intended to preserve its long-term digital asset exposure while managing volatility and improving the productivity of its balance sheet.　　Trump Media is the publicly traded company behind Truth Social, Truth+ and financial services brand Truth.Fi. The company is tied to US President Donald Trump, who is the sole beneficiary of a trust that held about 41.1% of Trump Medias voting power as of Feb. 25, according to its latest annual report.　　Related: Trump Media sells Wall Street low-latency access to Trump posts　　Its Q2 filing shows the company is already using options to manage Bitcoin volatility and generate premium income, while deploying some BTC through lending and other yield-generating arrangements.　　The company also said it plans to direct more resources toward Truth Social, Truth+ and other parts of its media business as part of a broader shift in how it

3 days agoIndustry

Tron USDT supply hits $87.9B as transfers reach $2.1T in Q2: Messari

Tron, the layer-1 blockchain founded by Justin Sun, ended the second quarter with $87.9 billion in circulating USDT (USDT), surpassing Ethereum (ETH) while processing $2.1 trillion in USDT transfers during the period.　　According to a Messari report, USDT accounted for 98.5% of Trons stablecoin market, which grew 4.1% quarter-over-quarter to a record $89.2 billion. Average daily USDT transfer volume also returned to growth, rising 4.3% to $22.8 billion after declining in the first quarter.　　The increase coincided with record network usage. Tron averaged 11.8 million daily transactions during the quarter, up 8.7%, while average daily active addresses increased 11.7% to 3.6 million. The network processed a record 14.6 million transactions on June 15, the report said.State of Tron Q2 2026 report. Source: Messari　　Higher activity also helped reverse a two-quarter decline in network fees. Fees rose 15.9% to $699.4 million, their first quarterly increase since an August 2025 governance change cut the networks energy unit price.　　Growth was uneven elsewhere. DeFi TVL slipped 1.9% to $4.4 billion, while average daily DEX volume fell 21.7% to $49.3 million, marking a fourth consecutive quarterly decline. TRX supply also remained inflationary despite higher activity, with circulating supply increasing by 87 million tokens during the quarter as issuance

3 days agoIndustry

UK money laundering suspect bought $100M in Trump crypto business: NYT

An individual previously under investigation in the UK for money laundering following the collapse of a cryptocurrency business was reportedly behind buying $100 million worth of tokens from the Trump family company, World Liberty Financial.　　According to a Sunday New York Times report, Guren Zhou, also known as Bobby, was behind the Aqua 1 entity that purchased $100 million of WLFI tokens from the Trump family crypto business in June 2025. The token purchase financially benefitted members of US President Donald Trumps family and that of World Liberty co-founder Zach Witkoff.　　Zhous reported involvement in the World Liberty purchase followed speculation that the individual behind Aqua 1 was Dave Lee. The Aqua 1 foundation acknowledged in July 2025 that Lee joined the company as co-founder and CEO in April 2025, but did not say whether he was behind the funds going into the WLFI tokens.　　The source of the investment from Aqua 1, which described itself as a “Web3-native fund” based in the United Arab Emirates, raised questions about potential conflicts of interest in the Trump administration, with foreign actors tied to his family‘s crypto company. White House spokesperson Anna Kelley has repeatedly said that there were “no conflicts of interest” with the

3 days agoIndustry

Coinsbuy offers $100K reward after Sunday security breach

Wallets linked to crypto payments platform Coinsbuy were reportedly drained of more than $7.9 million across Ethereum and TRON on Sunday.　　According to a Telegram post from blockchain investigator SpecterAnalyst, the attacker began moving the stolen funds into Monero through exchanges, while ChangeNOW helped freeze a six-figure portion of the assets.　　Coinsbuy temporarily paused deposits and withdrawals following the incident before restoring both services, according to SpecterAnalyst. The investigator identified three addresses linked to the stolen funds, including two Ethereum addresses and one TRON address.Source: SpecterAnalyst, Telegram　　Incorporated in Panama, Coinsbuy is a crypto payments platform that provides businesses with infrastructure to accept, store, send and exchange digital assets.　　Coinsbuy confirmed the Aug. 9 security incident in a statement shared with Cointelegraph, saying unauthorized withdrawals affected several platform wallets. The company wrote:　　All affected client funds have been fully covered by Coinsbuy from our own reserves, so our users have not experienced any financial losses. The platform is back to operating normally, with all services fully available.　　It is investigating the incident but said it will not disclose technical details until the investigation is complete and its findings have been verified. The company did not confirm or dispute the reported $7.9 million figure.　　Coinsbuy also offered a

3 days agoIndustry

‘Disappointing’ — crypto advocates react to delay in CLARITY vote

With the Digital Asset Market Clarity (CLARITY) Act now set for a cloture vote in September, many advocates and industry leaders are frustrated and disappointed at lawmakers failure to act before the US Senate broke for a month-long recess.　　On Saturday, the Senate Daily Press reported that Majority Leader John Thune filed cloture on a motion for the CLARITY Act to go to the chamber floor for consideration, ending speculation that lawmakers would address the bill more than a year after it was passed by the House of Representatives. The CLARITY vote is now expected when the Senate reconvenes in mid-September, and would require support from 60 senators to pass.　　Across the crypto industry, many executives and advocates expressed their disappointment with the Senates inaction, as the push to September will happen with just 50 days before the 2026 midterm elections, likely reducing the odds of CLARITY passing.　　“[Y]ou can imagine how frustrated I am,” said Senator Cythnia Lummis on Friday after the chamber did not schedule a vote on CLARITY, adding: “I will continue working with my colleagues to get this done — this fight is far from over.”Source: Cynthia Lummis　　Others, including Coinbase CEO Brian Armstrong and the exchange‘s chief policy officer

3 days agoIndustry

Tokenized RWA surge to $4T may push LINK to $200 by end-2030: Standard Chartered

The Chainlink (LINK) token may see an more than 25-fold increase by the end of the decade, as tokenized real world assets (RWA) will reach $4 trillion by the end of 2028, according to a forecast by Geoff Kendrick, the global head of digital asset research at Standard Chartered.　　Kendrick said that the growth in tokenized assets will require more external data to come securely onchain, which may increase Chainlinks fee generation and push its LINK token to $200 by the end of 2030, up from $8 today, according to a Monday report shared with Cointelegraph.　　The report also forecast a 37-fold rise in tokenized and crypto-native assets deployed in decentralized finance, pushing these assets to $2.7 trillion by the end of 2030. Kendrick said these assets will require trusted data, interoperability between networks, privacy-preserving compliance and integrations with existing financial systems, which “only Chainlink is currently equipped to provide.”　　The report follows growing demand for tokenized assets. Tokenized RWA trading on decentralized exchanges (DEXs) reached a new all-time high of $141 billion in July, marking a 19.5% monthly rise largely driven by public equities, according to data provider CryptoRank.　　Chainlink is the blockchain industrys leading decentralized oracle provider for crosschain communication, with $34.4

3 days agoIndustry

BlackRock launches 2 Canada ETFs, with one allocating 3% to Bitcoin

BlackRock Canada launched two exchange-traded funds Monday, including a portfolio that combines globally diversified equities with a 3% allocation to Bitcoin.　　The two funds, which began trading on the Toronto Stock Exchange, are the iShares Equity + Bitcoin ETF Portfolio (IBQT) and the iShares Core MSCI All-International Equity Index ETF (XINT).　　IBQT allocates 97% of its portfolio to Canadian, US, international and emerging-market equities and 3% to Bitcoin (BTC) exposure through BlackRocks Canadian iShares Bitcoin ETF (IBIT), which trades on Cboe Canada. Rather than investing in individual stocks, IBQT primarily holds other iShares ETFs to provide its equity and Bitcoin exposure.　　XINT tracks the MSCI ACWI ex North America IMI Index, providing exposure to more than 5,000 companies across as many as 40 developed and emerging markets outside Canada and the US.　　Both funds are managed by BlackRock Asset Management Canada through the RBC iShares alliance. BlackRock said its iShares business managed about $6.2 trillion in assets across more than 1,700 ETFs as of June 30.　　The asset management giants US-listed iShares Bitcoin Trust (IBIT) is the largest US spot Bitcoin ETF by assets under management, with about $47.9 billion in AUM, according to CoinMarketCap data.Top five US spot Bitcoin ETFs by AUM. Source: CoinMarketCap

3 days agoIndustry

Bitcoin price slip wipes weekend gains as oil surge hits 5% on Hormuz disappointment

Bitcoin (BTC) slipped below $64,500 after Mondays Wall Street open as markets digested more US-Iran uncertainty.　　Key points:Bitcoin joins US stocks in selling off amid uncertainty over whether the Strait of Hormuz will reopen.The Japanese yen commands attention as it slides back toward historic lows against the dollar.Bitcoin analysis doubts market strength despite “exceptionally strong” institutional inflows.　　Iran warns “no military solution” to Hormuz closure　　Data from TradingView showed BTC/USD hitting $64,447 on Bitstamp, its lowest since Friday, before a modest rebound.BTC/USD one-hour chart. Source: Cointelegraph/TradingView　　This mirrored US stocks, which initially fell as the odds of the Strait of Hormuz oil route reopening appeared to fade.　　Addressing Irans Islamic Consultative Assembly, deputy speaker Ali Nikzad said that the “opening of the Strait of Hormuz has no military solution,” as quoted by Al Jazeera and others.　　US WTI crude oil was up by almost 5% on the day at $80.90 per barrel at the time of writing, while the S&P 500 index nonetheless reversed to turn green, still below Fridays all-time highs.CFDs on US WTI crude oil one-hour chart. Source: Cointelegraph/TradingView　　Attention also remained focused on the Japanese yen, which continued to weaken against the US dollar despite an earlier rare joint intervention by Japan and the

3 days agoIndustry

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