Oil just broke $90. Brent crude climbed more than 3% on Monday to its highest level since mid-June, as the US-Iran war chokes shipping through the Strait of Hormuz. The US hit Iran for an eighth straight night over the weekend. Washington has blockaded Iranian ports, and Tehran says the strait is closed to unauthorized…
The FTX Recovery Trust and company have distributed about $10 billion since the exchange filed for bankruptcy in November 2022, leaving users cut off from their funds. Source: cointelegraph.com Read Full Story
ECB board member Piero Cipollone laid out the three-layer threat banks face from digital payments, and pitched the digital euro as the only structural answer. Source: decrypt.co Read Full Story
T. Rowe Price launched what it says is the industry’s first actively managed multi-token spot crypto ETF, offering diversified exposure to digital assets. Source: www.coindesk.com Read Full Story
The Official Trump (TRUMP) meme coin team may deploy up to 9.6% of total supply, roughly 96 million tokens worth about $150 million at current prices, over the coming months. TRUMP trades 98% below its January 2025 peak of $73.43. That potential deployment equals about 40% of the token’s 237 million circulating supply and nearly…
Demis Hassabis says artificial general intelligence is only a few years away and proposes a new U.S. standards body to test frontier AI models before release. Source: decrypt.co Read Full Story
Reed Smith’s Aquarius platform automates regulatory filings and legal workflows as demand for MiCA compliance tools grows across Europe. Source: cointelegraph.com Read Full Story
Several sources told CoinDesk that a new draft of the Clarity Act may drop this week, but challenges remain. Source: www.coindesk.com Read Full Story
Donald Trump delivered three major policy shocks between July 6 and July 11. He declared the Iran ceasefire over, sending Brent crude oil up 5.2%. The POTUS also ordered a halt to trade with Spain, pushing Spain’s stock market index IBEX 35 down 2.6%. Lastly, he backed tougher Russia sanctions and allowed Ukraine to manufacture…
Apple alleges former employees took confidential designs, supplier information, and engineering files before joining OpenAI. Source: decrypt.co Read Full Story