Cybersecurity firm unveils crypto phishing campaign targeting 885,000 phone numbers
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Crypto Group Warns Fed Could Use Banking Access to Squeeze Digital Asset Firms
The Blockchain Association is urging the Supreme Court to take up Custodia’s case, saying that broad Fed power over “master accounts” could be used to push crypto firms out of the banking system.
With a valuation targeting $1 trillion, OpenAI confirms it has secretly filed for an IPO.
Mars Finance reported on July 5th that, according to market sources, OpenAI confirmed it secretly filed for an IPO in June. Reports indicate it favors a 2027 listing with a target valuation of $1 trillion. Microsoft holds approximately 27% of OpenAI's shares; at the time the investment agreement was reached, OpenAI was valued at approximately $135 billion. (Wide Angle Observation)
Chinese InsurTech Firm Zhibao Adds 2,380 Bitcoin in $154.7M Treasury Pivot
The Shanghai-based InsurTech firm closed a $154.7 million private placement funded entirely in crypto, with investors contributing Bitcoin directly rather than cash.
Trump Family Crypto Firm Tied to Chinese AI Models US Government Called a Security Risk
WorldClaw accepts World Liberty’s USD1 stablecoin while offering AI models from Chinese companies facing U.S. national security restrictions.
MoonPay adds Cash App Pay for crypto purchases by US customers
Eligible US users can fund MoonPay crypto purchases with Cash App balances as the payments firm expands beyond its core onramp business.
Binance to restrict transactions involving HTX, 10 other crypto platforms
Binance said it will stop processing transactions for involving 11 crypto platforms, including HTX, which was recently listed in the EU’s sanctions package targeting Russia.