Grosscrypto News

Bitmine generated $46M from Ethereum staking last quarter

Bitmine generated $46M from Ethereum staking last quarter - Latest Cryptocurrency News

Ethereum staking generated 98% of Bitmine’s revenue last quarter as the company’s pivot from Bitcoin mining gained momentum following its March validator launch.

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Over 95% of Coinbase’s code is now written with help of AI

Over 95% of Coinbase’s code is now written with help of AI - Latest Cryptocurrency News

Coinbase’s Rob Witoff said the company is leaning more on AI to help with execution, but still needs high-agency humans for judgment and strategy.

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Three US senators oppose CLARITY Act on ethics grounds with vote expected soon

Three US senators oppose CLARITY Act on ethics grounds with vote expected soon - Latest Cryptocurrency News

Senate Majority Leader John Thune reportedly said the chamber will consider a vote on the crypto market structure bill before Aug. 10, though it’s unclear whether it has enough Democratic support to pass.

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Velocity raises $38M to build stablecoin treasury infrastructure for enterprises

Velocity raises $38M to build stablecoin treasury infrastructure for enterprises - Latest Cryptocurrency News

Backed by Dragonfly, FirstMark and Coinbase Ventures, the startup is expanding software that helps businesses integrate stablecoins into treasury and payment workflows.

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US, UK treasuries to align transatlantic rules on tokenization and stablecoins

US, UK treasuries to align transatlantic rules on tokenization and stablecoins - Latest Cryptocurrency News

The two governments issued recommendations on the treatment of digital assets as the US prepares to implement a 2025 law on payment stablecoins.

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UK government defers capital gains on certain crypto with ‘no gain, no loss’ approach

UK government defers capital gains on certain crypto with ‘no gain, no loss’ approach - Latest Cryptocurrency News

The change in tax policy, expected to effect about 700,000 people in the UK, is tied to the disposal of crypto in lending and liquidity pools.

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JCB signs Circle MOU to test stablecoin payments in Japan

JCB signs Circle MOU to test stablecoin payments in Japan - Latest Cryptocurrency News

The companies will explore using USDC for JCB’s cross-border treasury operations and merchant payments in Japan as regulated stablecoin adoption gains momentum.

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CleanSpark shares jump 22% after $6.6B Georgia data center lease

CleanSpark shares jump 22% after $6.6B Georgia data center lease - Latest Cryptocurrency News

The Bitcoin miner’s Georgia agreement with an undisclosed investment-grade technology company expands its footprint in AI and high-performance computing infrastructure.

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Anchorage Digital expands Tron support with institutional TRX staking

Anchorage Digital expands Tron support with institutional TRX staking  - Latest Cryptocurrency News

Institutions can now stake Tron's native token directly from Anchorage's custody platform as the company expands support for one of the largest USDT settlement networks.

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Bitcoin jumps on lowest US CPI since 2020 as traders stay wary of $64K failure

Bitcoin jumps on lowest US CPI since 2020 as traders stay wary of $64K failure - Latest Cryptocurrency News

BTC price action returned to $64,000 on low US CPI inflation but traders stayed wary of rejection at key resistance.

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