Author: Isabella Taylor

TICS, the crypto behind the blockchain protocol Qubetics, crashed after technical issues plagued its airdrop launch. Summary TICS crypto collapsed 97% after botching the airdrop The project blamed an outsourced team for the failure Qubetics claims it’s building a cross-chain Web3 aggregator High-tech blockchain projects are only as strong as the confidence in their technical teams. On Thursday, July 31, the Qubetics (TICS) team addressed the botched airdrop that caused the token to crash 97%. The team acknowledged “critical errors” in the vesting contract during the live airdrop launch. However, the team denied direct responsibility, placing the blame on an…

Fold’s latest play makes Bitcoin as easy to gift as a last-minute birthday card. With Blackhawk’s retail muscle, BTC is now a checkout-line option at over 400,000 stores, transforming crypto from an investment into something users pick up while shopping. Summary Fold partners with Blackhawk Network to distribute Bitcoin Gift Cards across over 400,000 retail locations. The move embeds Bitcoin into familiar consumer channels like gift cards, loyalty programs, and e-commerce. On July 31, Nasdaq-listed Fold Holdings, Inc. announced a partnership with Blackhawk Network, the powerhouse behind branded payment solutions for major retailers, to distribute its Bitcoin Gift Cards across…

Swan-promoted Sequans and several other Bitcoin treasury companies went through a rough period in July. After peaking on Jul. 14, 2025, Sequans’ stock price dropped by around 75%. Several treasury companies saw even harsher drops. What does this signal mean? Summary Semiconductor manufacturer Sequans partnered with Swan and raised over $300 million to start Bitcoin accumulation. Despite a solid start, SQNS’ stock price dropped by 75% in July. July saw many Bitcoin treasury companies’ stock prices go down, on several occasions by over 50%. Sequans’ Bitcoin Pivot Sequans Communications is a Paris-based semiconductor manufacturer that went crypto a year after…

Strong tech earnings balanced ongoing fears over trade as Trump’s tariff deadline looms. Summary Nasdaq hits record on Meta and Microsoft earnings. Key tariff deadline approaches for major U.S. trading partners. Apple’s upcoming earnings will reveal the real impact of tariffs. U.S. stock indices rose as strong tech earnings offset concerns about the approaching tariff deadline. On Thursday, July 31, the Dow Jones slipped 0.19% due to losses in financial and consumer defensive companies. Meanwhile, the S&P 500 gained 0.10%, and the Nasdaq reached a record high with a 0.45% increase. Dow Jones Industrial Average heatmap | Source: TipRanks Markets…

The final week of July saw the crypto market end with obvious indications of capital rotation: while larger L1s and DeFi staples moderately cooled off, micro- and mid-cap altcoins surged due to speculative pumps, DeFi activity, and narrative tailwinds. Even while Bitcoin traded in a narrow range of $118K to $120,000, Ethereum ETFs remained the talk of the town, driving altcoin rallies. Despite recent FOMC news and macroeconomic uncertainties, the entire market capitalization remained resilient, hovering at $3.89 trillion. Summary: Despite pressure from the FOMC, altcoins rose: The cryptocurrency market remained stable following the FOMC’s July 30 meeting, which kept…

TRON has pulled ahead of Ethereum in stablecoin activity, processing nearly seven times more daily Tether transactions and surpassing $80 billion in supply by mid-2025. The growth appears to be fueled by gasless transactions and low fees, though concerns persist. Summary TRON now handles nearly seven times more daily USDT transactions than Ethereum, with total USDT supply on the network reaching $80.8 billion in H1 2025. Its rise is fueled by gasless transactions, allowing users to avoid fees through staked resources or app-level sponsorship. While stablecoin use is surging, TRON’s centralized governance and limited DeFi complexity raise questions about long-term…

Crypto hacks have reached $3.1 billion in 2025, prompting Immunefi to launch a tool for real-time threat prevention. Summary Immunefi launches Magnus to protect $180B in user assets. The platform will leverage AI to scan threats. Magnus also tackles human error, like social engineering. Crypto remains a prime target for hackers, creating a need for advanced threat mitigation tools. On Thursday, July 31, blockchain security firm Immunefi launched the Magnus platform, designed to prevent threats in real time. The platform will protect over $180 billion in user funds across protocols such as Arbitrum, zkSync, and Curve Finance. Crypto hacks have…

TACEO announced that it has completed a $5.5 million seed funding round led by Archetype VC, which included a16z and other major firms. What will the funds be used for? Summary The startup behind World’s iris-scanning encryption software has completed a $5.5 million seed funding round. World’s iris-scanning verification has received backlash from several countries that speculate the safety of the data. According to the press release sent to crypto.news, the capital raised from the funding round will be used to form a team and scale technology aimed at expanding the firm’s utility beyond just crypto and decentralized finance. With…

Kraken reported a robust Q2 2025, with revenue up 18% YoY to $411.6M despite being 13% lower than Q1 due to seasonal slowdown and macroeconomic headwinds. Summary Kraken saw strong YoY growth in revenue, trading volume, funded accounts, and platform assets, driven by new product launches like commission-free equities and tokenized assets. Despite strong YoY growth, revenue and trading volume declined QoQ leading to a sharp drop in adjusted EBITDA due to seasonal slowdown in trading activity and new U.S. tariffs. Crypto exchange Kraken has released its Q2 2025 results, with the standout highlight being its quarterly revenue of $411.6…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. For years, cryptocurrency advocates have passionately highlighted the transformative potential of blockchain, often in contrast to traditional financial institutions. The creation of Bitcoin (BTC) in 2008 was a response to a moment of global uncertainty, and it sparked a wave of innovation that’s continued to reshape the financial landscape. While the community has made incredible progress and built groundbreaking technology, the dialogue has at times felt overly combative. In reality, established payment providers and banks offer infrastructure,…