Cryptocurrency News
Crypto exchange Bitget is adding GAIA to its launchpool lineup, putting millions of tokens on the table in rewards. According to a July 29 press release, spot trading for GAIA (SN57)/USDT will kick off on July 30 at 09:00 UTC.…
Bitmain to open first US-based ASIC chip factory: Bloomberg [cointelegraph]

Leading Bitcoin mining ASIC manufacturer Bitmain is set to open its first US-based production facility by early 2026 amid a broader industry shift to the US.
Rakbank becomes the first UAE bank to offer crypto trading for retail [cointelegraph]

Rakbank became the first traditional bank in the UAE to enable crypto trading for retail users through its mobile app, powered by Bitpanda.
DOJ launches forfeiture action to recover $2.3m in Bitcoin tied to Chaos Ransomware group [btcmanager]
The U.S. Department of Justice has launched a forfeiture action to recover nearly $2.3 million worth of Bitcoin tied to a new ransomware group dubbed Chaos. Chaos is a recently identified ransomware-as-a-service operation. First spotted in early 2025 by researchers…
DOJ launches forfeiture action to recover $2.3m in Bitcoin tied to Chaos Ransomware group [btcmanager]
The U.S. Department of Justice has launched a forfeiture action to recover nearly $2.3 million worth of Bitcoin tied to a new ransomware group dubbed Chaos. Chaos is a recently identified ransomware-as-a-service operation. First spotted in early 2025 by researchers…
ECB advisor sounds alarm on growing dominance of dollar-denominated stablecoins [btcmanager]
ECB advisor Jürgen Schaaf warns that the rapid rise of dollar-backed stablecoins threatens Europe’s financial stability and the euro’s global standing unless strategic action is taken. In a new blog post on the European Central Bank’s website titled “From Hype…
ECB advisor sounds alarm on growing dominance of dollar-denominated stablecoins [btcmanager]
ECB advisor Jürgen Schaaf warns that the rapid rise of dollar-backed stablecoins threatens Europe’s financial stability and the euro’s global standing unless strategic action is taken. In a new blog post on the European Central Bank’s website titled “From Hype…
Bubblemaps flags ‘Rugproof’ launchpad over alleged rug pull risk [cointelegraph]

Blockchain analytics firm Bubblemaps flagged Rugproof for suspicious token activity, alleging a deceptive launch structure mimicking a rug pull setup.
Bubblemaps flags ‘Rugproof’ launchpad over alleged rug pull risk [cointelegraph]

Blockchain analytics firm Bubblemaps flagged Solana’s Rugproof for suspicious token activity, alleging a deceptive launch structure that mimics a rug pull setup.
Bitcoin faces pullback risk as U.S. investor demand slows [btcmanager]
Bitcoin is trading at around $118,815, showing modest daily gains, but on-chain and macro indicators suggest the market may be entering a more cautious phase. According to a July 29 analysis from CryptoQuant contributor Arab Chain, the Coinbase Premium Index…