A police officer’s 50-BTC theft was unraveled by blockchain tracking. Investigators traced the funds and brought him to justice.
A new tweet from SEC Chairman Paul Atkins, alongside a public video statement, has reignited interest in the future of U.S. crypto policy. Legal expert Bill Morgan weighs the possibility of his influence on SEC commissioners’ votes to end the long-standing case. The chairman officially launched “Project Crypto,” which he described as a commission-wide initiative aimed at modernizing securities regulations to ensure the United States becomes a global leader in blockchain and crypto asset technology. In his tweet, Atkins stated , “We will make sure the next chapter of financial innovation is written right here in America.” In the accompanying video, Atkins emphasized that the SEC, under his leadership, would not stand by while digital innovation and capital markets advance overseas. He referenced the President’s Working Group (PWG) report on Digital Asset Markets, calling it a “blueprint” for maintaining U.S. dominance in the crypto space. The report outlines recommendations for agencies like the SEC to help build a regulatory structure enabling America’s financial markets to transition on-chain. Atkins made it clear that the SEC intends to lead actively in this transformation, noting that the initiative aligns with President Trump’s broader goals for digital asset leadership. Stuart Alderoty Responds to the Announcement Ripple’s Chief Legal Officer, Stuart Alderoty, responded to Atkins’ statement on X, focusing on the contrast between the SEC’s current stance and its previous regulatory approach. Alderoty said, “Chair Atkins knows the prior administration pushed crypto companies offshore. He’s now focused on clear, tailored standards — and drawing firm lines to curb SEC overreach.” Chair Atkins knows the prior administration pushed crypto companies offshore. He’s now focused on clear, tailored standards —and drawing firm lines to curb SEC overreach. https://t.co/gyGaLR398S — Stuart Alderoty (@s_alderoty) August 4, 2025 Ripple CLO’s comment highlights the often-cited criticism that the former SEC administration under Chair Gary Gensler created an uncertain and adversarial regulatory climate for U.S.-based crypto firms, which some believe compelled them to relocate their operations overseas. Alderoty’s post implies optimism about the change in tone from the SEC’s highest office, suggesting that the new leadership may aim to establish regulatory clarity through measured reforms instead of enforcement-centric tactics. The emphasis on “curbing SEC overreach” highlights a significant theme in Ripple’s ongoing legal conflict with the agency. Bill Morgan Raises Legal Implications for Ripple Appeal Responding directly to Alderoty’s post, Australian legal expert Bill Morgan offered a pointed question that drew immediate attention from those closely following the Ripple v. SEC lawsuit. Morgan wrote, “Can Chair Atkins actually get the SEC commissioners to vote to dismiss the Appeal in SEC v Ripple and his SEC attorneys to file papers dismissing the Appeal.” Can Chair Atkins actually get the SEC commissioners to vote to dismiss the Appeal in SEC v Ripple and his SEC attorneys to file papers dismissing the Appeal. https://t.co/MzPc58VjRi — bill morgan (@Belisarius2020) August 4, 2025 Morgan’s remark touches on a critical legal stage in the Ripple case. Although Judge Torres previously ruled t hat XRP sales on exchanges did not constitute securities offerings, the SEC has appealed the decision. Morgan is questioning whether, under the newly announced Project Crypto initiative and its stated goal of regulatory clarity and pro-innovation policy, Chair Atkins will push for a withdrawal of the appeal. Such a move would require the support of the SEC’s commissioners and action by the agency’s legal team. This comment from Morgan implies a potential test of the new SEC leadership’s sincerity in implementing its stated policy objectives. If the SEC genuinely aims to abandon the enforcement-heavy approach of the past, then ending the legal battle against Ripple could serve as a defining early move for the administration. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post XRP Case Update: SEC Chair Fuels Hope of Ending Appeal Against Ripple appeared first on Times Tabloid .
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SoftBank Group Corp. is deepening its commitment to artificial intelligence by significantly increasing its investments in key chipmakers, including Nvidia Corp. and Taiwan Semiconductor Manufacturing Co. (TSMC). This move highlights CEO Masayoshi Son’s sharpened focus on the hardware driving the AI revolution. According to regulatory filings , SoftBank raised its stake in Nvidia to around $3 billion by the end of March, up from $1 billion in the previous quarter. It also acquired roughly $330 million in TSMC shares and $170 million in Oracle Corp. Meanwhile, a person familiar with the matter said that SoftBank’s Vision Fund monetized nearly $2 billion in assets during the first half of 2025. While the Vision Fund continues to prioritize returns, there’s reportedly no pressure from SoftBank to accelerate asset sales. The company declined to comment. Son Rebuilds AI empire around arm to reclaim lost ground in chip race At the center of SoftBank’s AI strategy is Arm Holdings Plc, the UK-based chip designer with a 90% stake. Son is now crafting a portfolio of key industry players around Arm, aiming to regain ground after missing the historic AI-fueled rally that propelled Nvidia to a $4 trillion valuation and TSMC close to $1 trillion. “Nvidia is the picks and shovels for the gold rush of AI,” said Ben Narasin, founder of Tenacity Venture Capital. SoftBank’s growing stake in Nvidia may give it greater influence — and potentially faster access — to the chipmaker’s in-demand hardware, he added. “Maybe he gets to skip the line.” SoftBank is expected to report strong paper gains from its Nvidia bet when it announces earnings on Thursday. Since its April low, Nvidia’s market value has surged nearly 90%, while TSMC shares are up over 40%. Despite being an early believer in AI, SoftBank sold a 4.9% stake in Nvidia in 2019 — a position that would now be worth more than $200 billion. Massive losses at the Vision Fund also limited its capacity to invest aggressively in generative AI early on. Son spearheads large-scale initiatives like the $500 billion Stargate data center project with OpenAI, Oracle, and Abu Dhabi’s MGX fund. He’s also in talks with TSMC and others to build a $1 trillion AI chip manufacturing hub in Arizona. Comgest Asset Management’s Richard Kaye believes Son views himself as the natural provider of AI semiconductor technology, aiming to control the industry’s upstream and downstream segments. SoftBank rallies investors as Son eyes big AI deals Investors are buying into Son’s vision. SoftBank’s shares hit a record high last month, buoyed by strong AI exposure and plans for a $6.5 billion acquisition of Ampere Computing LLC and a possible $30 billion investment in OpenAI. Still, SoftBank trades at a roughly 40% discount to its net asset value, which includes its dominant stake in the $148 billion-valued Arm. Its $119 billion market cap remains a fraction of AI giants like Nvidia. To navigate regulatory headwinds, Son is leveraging his connections with Donald Trump and is reportedly holding frequent meetings with U.S. officials. This comes as SoftBank’s planned acquisition of Ampere faces an FTC review amid heightened scrutiny of AI and semiconductor deals. Investors will be watching Thursday’s earnings for clues on which assets SoftBank may divest next to fund its hardware ambitions. The firm raised about $4.8 billion in June by selling part of its T-Mobile stake. CFO Yoshimitsu Goto has cited a net asset value of ¥25.7 trillion ($175 billion), indicating sufficient liquidity for continued expansion. Over the past year, the Vision Fund exited holdings in DoorDash, View Inc., Wiz, and Peak, while ramping up purchases of Nvidia, TSMC, and Oracle shares. In June, Son told shareholders that SoftBank is pursuing AI through a broad network of startups and group companies, intending to position itself as the key architect behind the leading platform in the era of artificial super intelligence. Get seen where it counts. Advertise in Cryptopolitan Research and reach crypto’s sharpest investors and builders.
The SEC updated accounting rules for U.S. dollar-pegged stablecoins on August 4, 2025. Continue Reading: SEC Updates Rules to Redefine Stablecoins as Cash-like Assets The post SEC Updates Rules to Redefine Stablecoins as Cash-like Assets appeared first on COINTURK NEWS .
Cryptocurrency wallet provider Phantom has acquired Solsniper, a high-speed trading and analytics platform specializing in the Solana blockchain. Phantom to Integrate Solsniper Team Following Strategic Acquisition Solsniper, founded in 2021, is recognized for its precision tools enabling traders to monitor tokens, track wallet activity, and react instantly to market movements. According to Phantom, the platform
The Federal Reserve’s latest rate decision jolted global markets—but it was the unexpected collapse in U.S. job growth that truly reshaped investor expectations. This week, Chloe (@ ChloeTalk1 ) from HTX Research offers insights into recent macro surprises and the regulatory pivot reshaping crypto’s policy landscape. Soft Jobs Data Resets Market Expectations After the July FOMC meeting, the Fed left the funds rate at 5.25%-5.50% and offered no timeline for rate cuts, stoking fears of a “higher-for-longer” regime. The 10-year Treasury yield jumped to 4.24% , the U.S.-Dollar Index reclaimed the 100 handle, gold slipped below $3,270 , and Bitcoin retreated to the $116,000 area as on-chain activity cooled. Three days later, the macro narrative flipped: July non-farm payrolls “collapsed,” with only 73k jobs versus the 180k consensus, while May–June gains were revised down by roughly 129k (-90 %). The sudden chill forced an aggressive rate reset—CME FedWatch showed the probability of a September cut surging from 38% to 82% , with two cuts by year-end now priced at 64% . The 10-year yield slid below 4.10% , gold bounced $40 to $3,363/oz , and Bitcoin briefly spiked before recession angst pushed it to an intraday low near $112,000 . Yet the broader economy still resembles a growth-slowdown rather than a full-blown recession. By 2025 Q2, household debt stood at 98% of disposable income —well below the 2008 peak of 133%. Credit-card delinquencies eased from 2.7% to 2.5% ; retail sales are holding a 2.8%-3.1% YoY band. America’s richest 10% control 72% of household wealth and finance nearly half of total consumption, providing a sturdy demand floor. On the corporate side, JPMorgan and Bank of America report commercial-loan growth of 5%-7% YoY , with no material uptick in loss reserves. Historically, a mix of softer payrolls and sticky-but-easing inflation marks the Fed’s turn toward accommodation, ushering in a “high-volatility liquidity window” where BTC and gold attract hedging flows while leveraged alt-coins face valuation and deleveraging pressure. Regulatory Shift Opens Up DeFi and RWA Momentum The truly disruptive catalyst comes from regulation. On 31 July , SEC Chair Paul Atkins unveiled “Project Crypto,” pledging to put U.S. finance “fully on-chain” via deregulation, innovation safe-harbors and exemptions. Atkins stated that most crypto assets should not be defaulted into securities status and that AMMs and on-chain lending are “non-intermediated financial activity” deserving legal recognition. The signal unlocks huge upside for DeFi protocols such as Uniswap , Aave and Lido , long suppressed by the “securities overhang.” According to data from HTX, DeFi tokens including UNI and AAVE have recorded notable gains in August. Atkins also floated a “Super-App” license for brokers to aggregate equities, crypto, staking and lending. The draft further names ERC-3643 —with its ONCHAINID permission layer—as the reference standard for tokenized RWA, paving a compliant path for real estate, private equity and other trillion-dollar markets. Crucially, the SEC will revise the decades-old Howey Test , introducing clear disclosure waivers and safe harbors for airdrops, ICOs and staking, ending the era where founders had to “flee to Cayman” or geo-block U.S. users; venture capital could now re-shore, reigniting an on-chain startup cycle in America. Outlook and Structural Signals Bitcoin and Ethereum remain central to market structure, with BTC dominance and stablecoin basis offering key signals for capital rotation. High-beta altcoins and leveraged products may remain under pressure, particularly if the U.S. dollar strengthens or long-term yields rebound above 4.40%. Tokens with clear compliance paths—especially DeFi governance assets and RWA tokens built on ERC-3643—are increasingly positioned to benefit from evolving policy support and real-world adoption narratives. With macro softening, liquidity conditions easing, and regulatory upgrading now converging, Bitcoin’s role as a global inflation hedge and policy-beta asset is hardening, while on-chain finance enjoys its first genuine policy tail-wind—setting the stage for the next structural up-cycle in crypto markets. *The above content is not an investment advice and does not constitute any offer or solicitation to offer or recommendation of any investment product. To learn more about HTX, please visit https://www.htx.com/ or HTX Square , and follow HTX on X , Telegram , and Discord . The post HTX Deepthink：Macro Dislocation and Crypto Re-Pricing – How Fed Revaluation and “Project Crypto” Are Resetting the Playing Field first appeared on HTX Square .
The cryptocurrency community is closely following the progress of the long-running lawsuit between the US Securities and Exchange Commission (SEC) and Ripple. While it was hoped that the years-long XRP lawsuit was nearing an end, Ripple withdrew its appeal, but the SEC has yet to take similar action. Legal expert Bill Morgan stated that while there is no official deadline for the SEC to withdraw its appeal, it must submit a report to the U.S. Court of Appeals by August 15, 2025. Significant developments are anticipated in the next two weeks. Related News: Surprise Altcoin Announces Allocation of 50 Million Tokens for Its Ecosystem - Price Fluctuates The case centers on whether Ripple's XRP sales constitute unregistered securities sales. In 2023, the court ruled that Ripple's institutional sales were securities transactions, but programmatic sales conducted through exchanges were not. Although the two sides sought a compromise, the court rejected the agreement, indicating that the process is not yet fully concluded and regulatory uncertainty remains. *This is not investment advice. Continue Reading: Ripple-SEC Case: Major Announcements Expected in the Coming Days – Here’s the Critical Date for XRP
MEXC Ventures has taken a strategic bet on Indonesia’s growing crypto market, investing in crypto exchange Triv at a $200 million valuation. Key Takeaways: MEXC Ventures invested in Triv at a $200M valuation to grow its Southeast Asia footprint. Triv is one of Indonesia’s oldest licensed exchanges, operating under OJK and BAPPEBTI. The funding will boost Triv’s coin offerings, liquidity, and crypto media operations. The deal, confirmed on August 5 , marks part of MEXC’s broader plan to strengthen its presence in Southeast Asia, though the investment amount remains undisclosed. Founded in 2015, Triv is one of Indonesia’s longest-running digital asset exchanges, with over 3 million registered users. Triv Operates Under OJK and BAPPEBTI Oversight Triv operates with regulatory oversight from Indonesia’s Financial Services Authority (OJK) and the Commodity Futures Trading Regulatory Agency (BAPPEBTI), offering services in spot trading, staking, and futures. The exchange competes in a crowded field that includes Binance-backed Tokocrypto, Pantera-funded Pintu, and Indodax. It also faces pressure from new entrants. This includes Hong Kong-based OSL Group, which acquired local player Evergreen Crest Holdings in June for $15 million. Until now, Triv has not revealed any outside capital involvement. It is unclear if this is the platform’s first institutional funding round, and MEXC Ventures has not shared details on the size or terms of the deal. “Indonesia is one of the most dynamic and promising digital asset markets in the region,” said Leo Zhao, investment director at MEXC Ventures. “Triv has earned a strong reputation for compliance, security, and user trust.” Triv CEO Gabriel Rey said the funding will help expand its coin listings, improve liquidity, and scale its crypto news arm, CryptoWave Media. Indonesia’s New Crypto Tax Rules Kick In The timing of the investment is notable, coming just after the implementation of Indonesia’s updated crypto tax rules on August 1 . The revised structure imposes a 0.21% tax on domestic exchange users, double the previous rate. For users trading through foreign platforms, the seller tax has surged from 0.2% to 1%. While VAT on purchases has been removed, crypto miners now face a 2.2% VAT and will soon be subject to regular income tax rates as a special 0.1% mining tax is phased out by 2026. In Indonesia, crypto is permitted for investment but not for payments. The market is growing rapidly. Crypto transactions in 2023 topped 650 trillion rupiah (around $40 billion), and user numbers across licensed platforms have surpassed 20 million, outpacing the country’s stock market participation. As reported, Indonesia’s annual crypto tax revenue jumped sharply in 2024, marking its highest level since the government introduced taxation on digital assets in 2022. According to officials from the Directorate General of Taxes, the country collected 620 billion rupiah (around $38 million) last year, a 181% rise from the 220 billion rupiah recorded in 2023. The sharp increase reflects a broader surge in local crypto activity. Officials attributed the growth to a rise in transaction volumes, which reportedly reached 650 trillion rupiah ($39.67 billion) in 2024. The post MEXC Backs Indonesia’s Crypto Exchange Triv at $200M Valuation to Expand Southeast Asia Footprint appeared first on Cryptonews .
BitcoinWorld Kakao Stablecoin: South Korea’s Tech Giant Unveils Bold Blockchain Initiative South Korea’s digital landscape is buzzing with a groundbreaking development! Kakao Group, the powerhouse behind the nation’s leading messaging platform, is making a bold and strategic leap into the digital currency space. This significant move involves forming a dedicated Kakao stablecoin task force, signaling a major blockchain initiative designed to reshape financial services. It’s a clear indication that traditional tech giants are serious about embracing the decentralized future. What Drives Kakao’s Ambitious Stablecoin Project? Kakao’s foray into stablecoins is not just an experiment; it’s a central pillar of its long-term growth strategy. The company aims to integrate a Korean won stablecoin deeply into its vast ecosystem, leveraging its existing infrastructure and massive user base. This strategic decision highlights Kakao’s commitment to pioneering the future of digital finance, ensuring its relevance in an evolving economy. The core of this ambitious project is a newly formed task force. This high-level group brings together top leadership from across Kakao’s key affiliates, ensuring a unified and powerful approach. Their mission is clear: to establish a robust and widely adopted stablecoin within the Korean market, providing stability and utility to millions of users. Who is Leading This Fintech Innovation? This isn’t a small-scale pilot; it’s a top-down mandate driven by the highest echelons of Kakao’s leadership. The task force is spearheaded by prominent figures, emphasizing the strategic importance of this venture. Key leaders involved include: Chung Shina: CEO of Kakao Shin Won-keun: CEO of Kakao Pay Yoon Ho-young: CEO of Kakao Bank These executives hold weekly meetings to meticulously review progress and set strategic priorities for the Kakao stablecoin project. Furthermore, a dedicated team of staff members from various affiliates has been assembled to execute the task force’s initiatives. This collaborative structure ensures comprehensive development and seamless integration, positioning Kakao at the forefront of fintech innovation . How Will the Korean Won Stablecoin Reshape Payments? Kakao already boasts an impressive digital infrastructure, encompassing widely used platforms, efficient payment systems, and secure custody services. This existing foundation provides a unique advantage for launching a Korean won stablecoin . Imagine seamless transactions, instant settlements, and enhanced financial accessibility, all powered by a stable digital currency linked directly to the Korean won. This could revolutionize how people transact daily. This move is set to significantly impact the South Korea crypto landscape. By introducing a regulated and stable digital asset, Kakao can bridge the gap between traditional finance and the burgeoning crypto economy. It promises to enhance user experience within its platforms and potentially set a new standard for digital payments in the region. This truly represents a significant stride in fintech innovation for the entire nation. What Does This Blockchain Initiative Mean for the Future? Kakao’s strategic focus on a stablecoin signifies its vision for a more integrated and efficient digital economy. By making the Korean won stablecoin a central pillar, the group aims to unlock new possibilities for digital commerce, cross-border transactions, and even decentralized applications. This forward-thinking blockchain initiative could pave the way for broader adoption of digital assets, not just in South Korea but globally. It’s a testament to the growing maturity of the crypto space. The unified effort from Kakao, Kakao Pay, and Kakao Bank underscores a powerful synergy. Each affiliate brings unique strengths to the table, from vast user networks to financial expertise and technological prowess. This collaborative approach positions Kakao to successfully navigate the complexities of stablecoin development and regulation, solidifying its role as a leader in South Korea crypto and beyond. In conclusion, Kakao’s formation of a high-level Kakao stablecoin task force marks a pivotal moment for digital finance in South Korea. With top leadership and key affiliates united, this bold blockchain initiative is poised to integrate a Korean won stablecoin deeply into daily life, driving significant fintech innovation and setting a new precedent for the South Korea crypto market. This strategic move by Kakao is definitely one to watch, as it promises to bring stable digital currencies closer to mainstream adoption and redefine financial interactions. Frequently Asked Questions (FAQs) Q1: What is Kakao’s stablecoin initiative? A1: Kakao’s stablecoin initiative involves forming a high-level task force with its key affiliates (Kakao, Kakao Pay, Kakao Bank) to develop and integrate a Korean won-based stablecoin into its ecosystem. Q2: Which Kakao affiliates are involved in this project? A2: The primary affiliates involved are Kakao, Kakao Pay, and Kakao Bank, with their respective CEOs leading the stablecoin task force. Q3: What is the main purpose of the Kakao stablecoin task force? A3: The task force aims to position Korean won-based stablecoins as a central pillar of Kakao Group’s long-term growth strategy, leveraging existing infrastructure for widespread adoption and significant fintech innovation. Q4: How might this initiative impact the South Korea crypto market? A4: This initiative is expected to significantly boost fintech innovation, bridge traditional finance with crypto, and potentially accelerate mainstream adoption of regulated digital assets in South Korea. Q5: What type of stablecoin is Kakao focusing on? A5: Kakao is specifically focusing on developing and integrating a stablecoin pegged to the Korean won, aiming for stability and widespread utility. If you found this article insightful, consider sharing it with your network! Your support helps us continue to bring you the latest and most impactful news from the world of cryptocurrency and blockchain. To learn more about the latest crypto market trends, explore our article on key developments shaping digital currencies institutional adoption . This post Kakao Stablecoin: South Korea’s Tech Giant Unveils Bold Blockchain Initiative first appeared on BitcoinWorld and is written by Editorial Team