A police officer’s 50-BTC theft was unraveled by blockchain tracking. Investigators traced the funds and brought him to justice.
CoinTelegraph 2025-08-01 18:55
A spooky story about the importance of self-custody
Blockworks 2025-08-01 18:53
🚀 Are You Chasing New Coins? Catch the newest crypto opportunities. Be the first to buy, be the first to win! Click here to discover new altcoins! Ethereum (ETH) is
CoinOtag 2025-08-01 18:52
The UK Financial Conduct Authority (FCA) has announced that, from October 8, retail investors will once again be allowed to access crypto exchange-traded notes (ETNs), marking a policy shift after more than four years of restrictions. The decision reflects what the regulator describes as an evolution in market maturity and investor understanding. UK FCA ban on retail trading in Bitcoin ETFs lifted on 8 October. It’s going to be big. https://t.co/45OZRO9vmw — Charlie Morris (@AtlasPulse) August 1, 2025 Retail Investors Regain Access to ETNs In a press release, the FCA confirms that retail consumers will be able to invest in crypto ETNs, provided the products are traded on an FCA-recognised, UK-based investment exchange—known as a Recognised Investment Exchange (RIE). These firms will be required to comply with UK financial promotion rules, ensuring consumers receive clear and fair information without being misled by aggressive marketing tactics. “Since we restricted retail access to cETNs, the market has evolved, and products have become more mainstream and better understood. In light of this, we’re providing consumers with more choice, while ensuring there are protections in place,” said David Geale, executive director of payments and digital finance at the FCA. The FCA made it clear that although crypto ETNs will become available to retail investors, protections such as the Financial Services Compensation Scheme (FSCS) will not apply. Consumers will need to assess the risks themselves, with firms bound by the Consumer Duty to act in their clients’ best interests. Regulatory Progress in Crypto Oversight This move forms part of the FCA’s effort to build out a workable regulatory framework for cryptoassets in the UK. It follows the publication of proposals on stablecoin regulation and broader crypto market oversight. The regulator’s roadmap seeks to create structured access to digital assets without encouraging risky behavior. Despite lifting the restriction on ETNs, the FCA confirms that its ban on retail access to cryptoasset derivatives will remain in place. The agency reiterated its commitment to monitoring the evolving environment of high-risk investments, adjusting its approach based on developments in product safety, investor behavior, and global regulation. From Ban to Reform: A Gradual Policy Shift The FCA originally imposed a ban on the sale, marketing, and distribution of crypto derivatives and ETNs to retail clients in January 2021. By March 2024, however, the FCA shared a softer stance by allowing recognised investment exchanges like the London Stock Exchange to list crypto ETNs for professional investors. That softening continued into June 2025, when the regulator opened a consultation to explore lifting the ban for retail clients. With the latest rule change, the UK joins other global financial centers in re-evaluating the role of retail access to crypto-linked financial products under clearer rules and improved investor protections. Industry Reacts to FCA Policy Shift Laurent Kssis, CEO of CEC Capital, a long-standing expert in crypto ETPs, welcomes the FCA’s decision, calling it a long-overdue step toward aligning with international standards. “The FCA’s move to allow retail access to crypto ETNs on UK exchanges marks a major turning point. It brings the UK in line with global best practices—something I, along with many retail investors, have been advocating for,” said Kssis. Drawing on his experience managing regulated crypto products across Europe, he added: “We’ve seen how a strong regulatory framework can offer sophisticated exposure to crypto while still prioritizing investor protection.” Kssis describes the shift as a transformative moment for the UK market. “Until now, the 2021 retail ban effectively shut UK investors out of the regulated crypto investment wave that’s swept across Europe and the US. Many were left with little choice but to either miss out or turn to unregulated, riskier options.” He also praises the FCA’s requirement that only recognised investment exchanges—such as the London Stock Exchange—can list these products. “This ensures institutional-grade transparency and oversight that retail traders simply don’t get when accessing crypto directly,” he said. “Combined with the Consumer Duty framework and stricter financial promotion rules, this structure offers more protection than most current retail crypto platforms.” The post FCA Lifts 4-Year Retail Ban on Crypto ETNs – Access Returns Oct. 8 appeared first on Cryptonews .
cryptonews 2025-08-01 18:46
As sports betting enters a new era, crypto sportsbooks are leading the way—offering faster payouts, privacy-first access, and cutting-edge features that traditional platforms can’t match. Whether you're a die-hard NFL fan, a passionate UFC follower, or simply want to bet with Bitcoin, this guide dives into the best platforms for next-gen sports betting in 2025. Why Crypto Sports Betting Is Booming in 2025 The sports betting world is being reshaped by decentralized tech: Instant deposits/withdrawals via BTC, ETH, USDT, and other coins No KYC required on many platforms—perfect for bettors who value privacy On-chain transparency for trustless transactions and fair play Multi-chain support, letting users bet across different blockchains seamlessly If you want to bet on the NFL season, upcoming UFC title fights, or any other major event in 2025, crypto sportsbooks now offer unmatched flexibility and user control. Best BTC Sportsbooks for NFL & UFC in 2025 1. Dexsport – The Web3 Powerhouse Dexsport is a crypto-native betting platform through and through: No KYC required: Register with just your DeFi wallet, email, or Telegram Instant access to both casino and sportsbook without ID verification Multi-chain support: Bet with BTC, ETH, TRX, USDT, and other major tokens Decentralized account management: You own your funds; no middlemen or custodial risk Competitive Odds and Unique Betting Features Dexsport’s odds are highly competitive, offering real value to both sharp bettors and casual players: Pre-match margins: Average 4–6%, undercutting many legacy sportsbooks Live betting margins: Only slightly higher, making it ideal for in-game action Bonus Express & Turbo Combos: Automatically enhanced odds on select bets—without increasing your exposure or risk These features reward smarter bet structures and compound value for those who understand how to leverage dynamic odds. Whether you're watching a UFC card from your laptop or placing halftime bets on the NFL via mobile, Dexsport lets you stay anonymous, secure, and fast. Ideal for: Privacy-focused bettors who want full DeFi control, instant access, and real odds. 🥊 Bet on NFL & UFC with Dexsport 2. Stake – Mainstream Appeal with Crypto Power Coverage: NFL, UFC, and 30+ sports with pre-match and live betting Esports + Niche Events: Also supports politics and financial markets Supported Coins: 17+ (BTC, ETH, DOGE, LTC, TRX, EOS, etc.) Promos: 200% deposit bonus up to $3,000, weekly boosts, early payout on NFL KYC: Required for withdrawals Pros: Low 2–5% house edge, deep live betting, fast crypto transactionsCons: KYC required, high wagering for bonus eligibility Ideal for: Users who want broad coverage and sharp odds but don’t mind KYC compliance. 3. Vave – Feature-Rich & Fast Sports Offered: NFL, UFC, 35+ others with 300+ markets per top event Supported Coins: BTC, ETH, USDT, DOGE, SOL, TRX, via integrated crypto exchange Features: Cash-out, live streaming, parlay builders Bonuses: Up to 100% first deposit match, daily cashback KYC: Required when withdrawing large amounts Ideal for: Advanced bettors seeking versatility, speed, and generous rewards. 4. BetPanda – Simple, Private, Effective Supported Cryptos: BTC, ETH, DOGE, XRP, BNB (13+ total) NFL & UFC Betting: Pre-match and live with competitive spreads Casino & Slots: 3,000+ top-tier games Bonuses: 100% welcome bonus up to 1 BTC, weekly cashback KYC: Only if flagged by large wins or suspicious activity Ideal for: Players who want privacy, simplicity, and both sports & casino action. 5. Thunderpick – Best for UFC & Esports Hybrid Bettors Focus: Esports + UFC, with solid NFL support Crypto-Only: BTC, ETH, USDT, LTC, DOGE, XRP Bonuses: 100% bonus up to €600, VIP rakebacks KYC: May be needed for high withdrawals or promo unlocks Pros: Streamlined interface, sharp UFC props, crypto-nativeCons: Slower stats for some traditional sports Ideal for: UFC fans who also enjoy crypto and esports markets. 6. Betplay – Lightning Fast With Bitcoin Unique Feature: BTC Lightning Network for ultra-fast deposits/withdrawals Sports Covered: 40+ including NFL, UFC, soccer, and more Crypto Supported: BTC, ETH, USDT, plus others Bonuses: 100% up to $1,000, daily rakeback, VIP club KYC: Not required unless activity is suspicious Ideal for: Bettors who want speed above all else with low fees and quick access. BTC Sportsbooks for 2025 NFL & UFC Betting Platform NFL/UFC Depth KYC Needed Supported Coins Top Feature Dexsport ⭐⭐⭐⭐⭐ ❌ 30+ incl. BTC, ETH, TRX, USDT DeFi-native, no KYC, live odds Stake ⭐⭐⭐⭐⭐ ✅ 17+ incl. BTC, ETH Low margins, deep coverage Vave ⭐⭐⭐⭐ ✅ (withdrawal) BTC, ETH, USDT, etc. Massive market depth, fast UI BetPanda ⭐⭐⭐⭐ ❌/⚠️ 13+ incl. DOGE, XRP Full privacy, simple setup Thunderpick ⭐⭐⭐⭐ ⚠️ Crypto-only Esports + UFC specialization Betplay ⭐⭐⭐⭐ ❌/⚠️ BTC, ETH, USDT Lightning-fast payouts Final Thoughts: Where to Place Your Bets in 2025 In the evolving world of online betting, crypto sportsbooks are setting new standards—especially for fans of the NFL and UFC. Whether you’re betting on the Super Bowl, a Conor McGregor comeback, or futures for your favorite team, these platforms deliver the edge: For UFC-heavy action and privacy: Go with Dexsport or Betplay For versatility and volume: Choose Stake, Vave, or Thunderpick For simplicity and anonymity: Bet with BetPanda No matter your sport—or your coin—crypto is the future of sports betting. The only question now: Are you placing your bets yet? Disclaimer: This article is for informational purposes only and does not constitute financial, gambling, or legal advice.
Bitzo 2025-08-01 18:46
Amazon is exploring the idea of including ads in conversations with Alexa+ , its upgraded artificial intelligence (AI) voice assistant.
BitDegree 2025-08-01 18:45
Documents from the People’s Liberation Army (PLA) portal have revealed that the Chinese military attempted to acquire Nvidia chips for use on its AI servers and robot dogs. The procurement records from the PLA’s official bidding portal show multiple requests over the past year for both banned and permitted Nvidia chips. The documents show that the PLA requested the H100, RTX 6000, and H20 chips, some of which the U.S. had banned from export to China. Three bids published in April requested the banned Nvidia chips to run servers that can power DeepSeek’s most advanced AI models, such as the DeepSeek-R1 671B. China pursues banned GPUs in defense deals According to the Chinese military documents, one of the bids requested H20 cards, while another called for four RTX 6000 GPUs as part of an intelligent decision-making support system. A provisional supplier for the RTX 6000 chips had already been selected in June, but the contract details were still pending finalization. Another bid from the same month was requested for the H100 graphics card, which was banned from 2022, citing specific requirements for the original packaging and on-site installation. A similar request was made in July 2024 for the H100 GPUs. One project from April shows the military requesting a 33-pound robotic dog be fitted with an Nvidia Jetson computing module for a training program. The request was canceled later, although Jetson modules are generally not restricted for most uses. It remains unclear whether either of those chips was successfully submitted. In an exclusive interview with Business Insider, Ryan Fedasiuk, a former U.S. State Department advisor, revealed that the PLA can acquire restricted technology through indirect means. He added that there are ample shortcuts, subsidiaries, and shell companies that the PLA can and does not use to source those chips maliciously from American companies, including Nvidia. A Nvidia spokesperson stated that China has more than enough domestic chips for its military applications and that buying a small number of older chips to test U.S. competition is not a national security concern. The spokesperson also insisted that restricted products would lack support, software, and maintenance. U.S. policymakers push to reinstate the Nvidia chip ban Nvidia has faced pressure from the Chinese government with a summons from the Chinese internet regulator. Nvidia was summoned on Thursday to address allegations of backdoor security risks in its H20 AI chips, but they denied the claims. The U.S. recently lifted the ban on the H20 chips, effectively allowing Nvidia to resume selling them to China. However, the lift has sparked concerns among U.S. security officials, and a group of 20 policymakers recently drafted a letter to the Commerce Department urging it to reimpose the ban on the H20 AI chips. The policymakers argued that the chips could support China’s military. Craig Singleton, senior director at the Foundation of Defense Democracies, co-signed the letter and warned that the policy reversal could create floodgates. The Commerce Department said it has already tightened controls compared to the previous administration and would continue reviewing all license applications carefully. In July, Nvidia CEO Jensen Huang revealed in an interview with CNN that the Chinese military would likely avoid relying on U.S. technology due to its unpredictability. The Chinese Ministry of National Defense has not yet responded with any comment. Ryan Fedasiuk, who reviewed some of the procurement documents, said the PLA and Chinese AI firms prefer Nvidia hardware because of its superior processing power. He believes nobody can beat Nvidia, and Huawei is not close. Want your project in front of crypto’s top minds? Feature it in our next industry report, where data meets impact.
Cryptopolitan 2025-08-01 18:45
BitcoinWorld SUI Investment: Mill City Ventures’ Audacious $500M Bet Unveiled In a move that has sent ripples through both traditional finance and the burgeoning digital asset markets, Mill City Ventures (MCVT), primarily known as a short-term lender, has announced an ambitious plan to significantly increase its SUI investment . This decision to pour substantial capital into the SUI cryptocurrency has captured the attention of investors and analysts alike, prompting questions about the evolving strategies of traditional firms in the volatile crypto landscape. What Drives This Significant SUI Investment? Mill City Ventures, a company typically engaged in providing short-term financial solutions, has revealed its intention to acquire an additional $500 million worth of SUI. This news follows earlier reports that the firm had already secured $450 million in private equity and used it to purchase 76.2 million SUI. The sheer scale of this planned SUI investment is unprecedented for a company of its profile, signaling a deep conviction in the potential of the SUI blockchain and its native token. The company has reportedly secured an equity line agreement to facilitate this massive acquisition. This financial maneuver allows MCVT to draw funds as needed, providing flexibility in executing its crypto purchasing strategy. Such a significant commitment from a traditional financial entity highlights a growing trend of institutional interest in digital assets, moving beyond just Bitcoin and Ethereum to explore newer, high-potential ecosystems like SUI. Reported SUI Acquisition Amount Source Initial Private Equity Raise & Purchase $450 Million (76.2M SUI) Bitcoin World Planned Additional Acquisition $500 Million The Block What Was the Immediate Market Reaction to the SUI Investment News? Interestingly, the announcement of Mill City Ventures’ aggressive SUI investment plans was met with a negative reaction from its own shareholders. Shares in the firm experienced a drop following the news. This immediate market response underscores the cautious, and sometimes skeptical, view that traditional investors still hold regarding significant exposure to the volatile cryptocurrency market. While digital assets offer immense growth potential, they also come with inherent risks that can make established companies’ forays into the space a point of concern for conventional equity holders. The dip in share price could be attributed to several factors: Risk Perception: Cryptocurrencies are known for their price swings. A large allocation to a single digital asset like SUI, especially by a company whose core business is lending, might be perceived as a high-risk venture. Diversion of Focus: Shareholders might worry that such a substantial crypto play could divert management’s attention and resources away from the company’s established and profitable lending operations. Regulatory Uncertainty: The evolving regulatory landscape for cryptocurrencies globally adds an element of unpredictability, which traditional investors often dislike. Why SUI? Understanding the Target of This Large Investment The choice of SUI as the primary target for such a massive SUI investment is noteworthy. SUI is a relatively new Layer 1 blockchain, developed by Mysten Labs, a team with strong ties to Meta’s Diem (formerly Libra) project. It is designed for high performance and scalability, aiming to support a wide range of decentralized applications (dApps) and smart contracts. Key features that might attract a large investor like Mill City Ventures include: Scalability and Throughput: SUI boasts impressive transaction processing capabilities, crucial for widespread adoption of blockchain technology. Developer-Friendly Environment: Its Move programming language and object-centric model aim to simplify dApp development. Growing Ecosystem: Despite being newer, SUI has been actively building out its ecosystem with various projects in DeFi, gaming, and NFTs. Potential for Future Growth: As a newer entrant with strong technological foundations, SUI offers significant upside potential if it gains traction against established blockchains. The decision to invest in SUI specifically suggests that Mill City Ventures is not merely speculating on the broader crypto market but has identified SUI as a strategic asset with strong fundamental potential. What Are the Challenges and Opportunities for Such a Bold SUI Investment? Undertaking such a significant SUI investment comes with both considerable opportunities and formidable challenges for Mill City Ventures. Navigating these aspects will be crucial for the success of this audacious strategy. Opportunities: Potential for High Returns: If SUI performs well, the returns on a $950 million (combined previous and planned) investment could be substantial, significantly boosting MCVT’s financial performance. Diversification: While risky, this move could offer a new revenue stream and asset class diversification, reducing reliance solely on short-term lending. Pioneering Position: Mill City Ventures could position itself as an early mover among traditional lenders to embrace and profit from emerging digital asset ecosystems. Enhanced Brand Profile: Success in this venture could elevate MCVT’s profile within the innovative crypto space, potentially attracting new types of investors and partnerships. Challenges: Market Volatility: The cryptocurrency market is notoriously volatile. Significant price fluctuations in SUI could lead to considerable losses. Regulatory Risks: The lack of clear and consistent cryptocurrency regulations across jurisdictions poses a risk of sudden policy changes impacting the value or liquidity of SUI. Operational Complexity: Managing such a large digital asset portfolio requires specialized expertise, secure custody solutions, and robust risk management frameworks. Shareholder Skepticism: As evidenced by the initial share price drop, maintaining investor confidence while pursuing a high-risk crypto strategy will be an ongoing challenge. Liquidity Concerns: While SUI has decent liquidity, offloading a position of this magnitude without impacting market price could be challenging. Actionable Insights: What Does This Mean for Investors and the Crypto Market? Mill City Ventures’ substantial SUI investment is more than just a corporate financial decision; it’s a significant indicator for the broader crypto market. For individual investors and market observers, this move offers several key insights: Institutional Validation: Large-scale investments by traditional firms, despite initial shareholder reactions, lend credibility to the long-term viability of specific digital assets and the crypto market as a whole. It suggests that institutional due diligence is identifying value beyond just the top two cryptocurrencies. Emerging Layer 1 Narratives: The focus on SUI highlights the increasing interest in next-generation Layer 1 blockchains that promise superior scalability and performance. Investors might consider researching other promising Layer 1 protocols beyond the established ones. Risk Assessment is Key: The negative market reaction to MCVT’s shares serves as a reminder that even institutional players face scrutiny and risk aversion when venturing into crypto. Individual investors should always conduct thorough research and understand the risks associated with any digital asset. Long-Term vs. Short-Term Views: This situation illustrates the divergence between short-term market reactions (share price drop) and potentially long-term strategic plays (SUI investment for future growth). As the lines between traditional finance and decentralized finance continue to blur, such bold moves by companies like Mill City Ventures will likely become more common. Their success or failure in this venture will undoubtedly influence future institutional appetite for similar digital asset plays. The ongoing saga of Mill City Ventures and its massive SUI investment stands as a compelling case study in the evolving relationship between traditional finance and the crypto world. This bold strategic pivot by a short-term lender into a significant digital asset position underscores the growing institutional conviction in blockchain technology and specific cryptocurrencies like SUI. While met with initial market skepticism, as evidenced by the dip in MCVT’s share price, the move signals a potentially transformative shift in corporate asset allocation. The success of this venture will not only impact Mill City Ventures’ future but also serve as a crucial benchmark for how other traditional firms might approach the promising yet volatile landscape of digital assets. It’s a powerful testament to the belief in SUI’s technological prowess and its potential for long-term growth, marking an audacious bet on the future of decentralized finance. Frequently Asked Questions (FAQs) Q1: What is SUI and why is Mill City Ventures investing in it? SUI is a high-performance Layer 1 blockchain developed by Mysten Labs, designed for scalability and efficiency. Mill City Ventures’ significant SUI investment suggests they see strong long-term growth potential in SUI’s technology, ecosystem, and its ability to support a wide range of decentralized applications. Q2: How much SUI is Mill City Ventures planning to acquire? Mill City Ventures plans to acquire an additional $500 million worth of SUI, building on a previous acquisition of 76.2 million SUI funded by a $450 million private equity raise. This totals a planned SUI investment of nearly $1 billion. Q3: Why did Mill City Ventures’ shares drop after the SUI investment news? The drop in share price likely reflects traditional investors’ concerns about the high volatility and regulatory uncertainty associated with cryptocurrency markets. A large SUI investment by a short-term lender might be perceived as a high-risk strategy diverting focus from its core business. Q4: What are the main risks of such a large SUI investment for Mill City Ventures? The primary risks include extreme market volatility, potential regulatory changes impacting cryptocurrency values, the operational complexity of managing a large digital asset portfolio, and potential ongoing skepticism from traditional shareholders regarding a company’s deep dive into crypto assets. Q5: Does this SUI investment signal a trend for traditional finance? Yes, Mill City Ventures’ substantial SUI investment can be seen as a significant indicator of increasing institutional interest in digital assets beyond just Bitcoin and Ethereum. It suggests that traditional firms are exploring newer, high-potential blockchain ecosystems, potentially paving the way for more such ventures in the future. Did you find this article insightful? Share your thoughts on Mill City Ventures’ bold SUI investment on your favorite social media platforms and let your network know about this significant development in the crypto world! To learn more about the latest crypto market trends, explore our article on key developments shaping the digital asset space and institutional adoption. This post SUI Investment: Mill City Ventures’ Audacious $500M Bet Unveiled first appeared on BitcoinWorld and is written by Editorial Team
Bitcoin World 2025-08-01 18:45
Bitcoin records ATH monthly close then falls. Altcoins lead crypto sell-off after mixed earnings. SEC launches ‘Project Crypto’ to tokenise assets. Most crypto assets are not securities: Atkins. Strategy reports $10b profit despite funding costs. Coinbase earnings mixed, stock falls 10%. Coinbase to expand to tokenized RWAs, stocks. Tether announces Q2 profits of $4.9bn. ETH treasuries hit $10b+. ETH Foundation maps 10yr plan for 10k TPS. Stablecoins now 18th largest holder of US treasuries. Jamie Dimon endorses stablecoins but not BTC. Issuers submit amended S-1 for SOL ETF. Visa integrates EURC, PYUSD, USDG. USDC, CCTP V2 coming to Hyperliquid: Circle. Mill City Ventures buys $278m SUI. HK kicks off stablecoin licensing regime
Decrypt 2025-08-01 18:44
The Fed's decision to hold its benchmark interest rate steady for a fifth consecutive year was opposed by Board members Christopher Waller and Michelle Bowman. The two members argued that the interest rate should be cut by 25 basis points, highlighting the weakening labor market. In statements released today, Waller and Bowman stated that the Fed's “wait-and-see” approach is overly cautious and could cause unnecessary harm to the labor market. Waller said, “I believe the current cautious stance is overly cautious. Failure to properly balance the risks to the economic outlook could lead to monetary policy becoming unresponsive to developments.” Waller specifically pointed to the stalled private sector employment growth and future data revisions, indicating that downside risks have increased. Related News: BREAKING: Critical Nonfarm Payroll and Unemployment Data Released in the US - Here's Bitcoin's Initial Reaction Similarly, Bowman said, “The vitality of the labor market is weakening and signs of fragility are increasing,” and that the Fed should take bolder steps in interest rate policy. Fed Chair Jerome Powell and other policymakers generally agree that the labor market remains strong and prefer to wait for more data before cutting interest rates. President Donald Trump, however, highlighted the disagreement, saying, “There is a strong disagreement within the Fed Board of Governors, and it will only get worse.” *This is not investment advice. Continue Reading: Major Split Within the Fed – Two Members Begin to Oppose Chair Jerome Powell, Here Are Their Statements
BitcoinSistemi 2025-08-01 18:43
🚀 Are You Chasing New Coins? Catch the newest crypto opportunities. Be the first to buy, be the first to win! Click here to discover new altcoins! A Bitcoin wallet
CoinOtag 2025-08-01 18:42
🚀 Are You Chasing New Coins? Catch the newest crypto opportunities. Be the first to buy, be the first to win! Click here to discover new altcoins! Chainlink’s State Pricing
CoinOtag 2025-08-01 18:40
BTC ATH MONTHLY, TRUMP SPOOKS MARKETS, ALTCOINS LEAD FALLS
