Paradigm calls European markets regulator to show nuance regarding MEV
The venture capitalist firm said ESMA’s approach to crypto market abuse could be a disaster for the industry without suggesting any better ideas.
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MEW, WIF and Solana memecoins soar amid increasing network activity
Memecoins in the Solana ecosystem continue to outperform the wider crypto market by generating double-digit weekly gains.

$515 Million in Bitcoin Spent on Illicit Activity This Year Representing 1% of Total BTC Activity
Recent research by Chainanalysis suggests that the amount of bitcoin (BTC) spent on illegal transactions this year could hit a record high of $1 billion, even as the ratio of illegal to legal transactions is shrinking, according to a report by Bloomberg on July 1.As per the report, the total flat value of BTC spent…

Paxful denies reports of customer data leak
A spokesperson from the crypto trading platform clarified that no leaks pertained to sensitive customer info. 333 Total views 6 Total shares An anonymous online source was recently spotted trying to sell private customer and employee data allegedly obtained from crypto exchange Paxful. A spokesperson from the company told Cointelegraph that no customer data has…

1inch Network concludes $175M Series B led by Amber Group
The funding round had backing from some of crypto’s biggest venture funds, which continue to bet big on the future of DeFi. 538 Total views 10 Total shares Decentralized exchange aggregator 1inch Network has concluded a sizable Series B investment round, raising $175 million as part of a broader effort to expand protocol utility and…

US Treasury strategy would tighten virtual asset regs, increase use of AI
Better regulations, greater enforcement and AI are going to be the focus of the Treasury’s fight against illicit finance.

Blockstack PBC changes its name to ‘Hiro’
The name is a reference to the protagonist in Neal Stephenson’s novel, Snowcrash. Blockchain software firm Blockstack PBC announced that it will be changing its name to “Hiro Systems PBC.”Muneeb Ali, co-founder and CEO of Blockstack, told Cointelegraph that the team plans to focus on a narrower set of priorities once the stacks 2.0 mainnet…

US Senate bill threatens crypto, AI data centers with fees — Report
Draft legislation in the US Senate threatens to hit data centers serving blockchain networks and artificial intelligence models with fees if they exceed federal emissions targets, according to an April 11 Bloomberg report. Led by Senate Democrats Sheldon Whitehouse and John Fetterman, the draft bill purportedly aims to address environmental impacts from rising energy demand

Illuvium partners with Virtuals, bringing autonomous AI NPCs to its games
Illuvium says the partnership with AI agent protocol Virtuals will allow its in-game NPCs to adapt quests, dialogue and challenges based on the player’s actions.