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Pudgy Penguins denies OpenSea acquisition rumors, focuses on partnerships

Pudgy Penguins has denied speculation that it acquired NFT marketplace OpenSea, following a wave of social media chatter suggesting a deal may have closed as early as December 2024.
In a Saturday post on X, Beau, head of security at Pudgy Penguins, dismissed the acquisition talk. “Pudgy Penguins di
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Bitcoin OGs ‘faith shaken’ comment stirs heated debate in community

A prominent crypto analyst has sparked debate in the Bitcoin community by claiming that Bitcoin OGs are losing confidence in the asset as it becomes increasingly adopted by institutions.
“Many of the most ardent early whales have seen their faith shaken and have been selling at these prices,”
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'Parabolic bull markets and devastating bear markets are over’ — BTC analyst

Bitcoin (BTC) will no longer experience “parabolic” price rallies or “devastating” bear markets, because BTC exchange-traded funds (ETFs) have permanently reduced volatility and altered market dynamics, according to Blockware BTC analyst Mitchell Askew.
“BTC/USD looks like two entirely different as
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Demographics will 'leapfrog' Bitcoin adoption in Pakistan — Bilal Bin Saqib

Pakistan’s demographics position the country as a major catalyst for Bitcoin (BTC) adoption, allowing it to “leapfrog” developed nations, according to Bilal Bin Saqib, Pakistan’s state minister of crypto and blockchain.
“A global policy shift has happened, not just in Pakistan, but all around the w
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XRP wallet linked to Chris Larsen still has $9B to sell, analyst warns

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Japan’s ‘slow’ approval culture stifles crypto adoption: Expert

Japan’s regulatory bottlenecks, not taxes, are the real reason crypto innovation is leaving the country, according to Maksym Sakharov, co-founder and CEO of Web3 firm WeFi.
Sakharov told Cointelegraph that even if the proposed 20% flat tax on crypto gains is implemented, Japan’s “slow,
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Ether’s ‘extreme euphoria’ social chatter could be a red flag for price

Ether’s recent price rally may be due for a cooldown, as a surge in social media mentions — reaching levels of “extreme euphoria” — points to the potential for a near term correction, according to sentiment platform Santiment.
However, other indicators suggest Ether’s (ETH) rally may still have
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El Salvador’s Bitcoin reserve fails to help the average citizen — NGO exec

El Salvador’s Bitcoin (BTC) reserve has had limited impact on the broader population, and the country’s loan agreement with the International Monetary Fund (IMF) may further complicate its Bitcoin strategy, according to Quentin Ehrenmann, general manager at My First Bitcoin, a non-governmental
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ETH bulls target $9K: Does the data support the lofty price target?

Key takeaways:
ETH gained 50% in two weeks, and Elliott Wave models are pointing to a possible $9,000 top by early 2026.
Onchain fundamentals are strong: 28% of ETH is staked, exchange balances are at their lowest since 2016, and new buyer inflows are accelerating.
Network usage remains near fu
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ETH price still on track for $4K even as Bitcoin, altcoins sell-off

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Dragonfly responds to DOJ scrutiny over Tornado Cash investment, vows to ‘vigorously defend’ itself

Dragonfly Capital could be the target of federal charges stemming from its early investment in Tornado Cash developer PepperSec, Inc., but the venture firm says it is prepared to “vigorously defend” itself if prosecutors pursue the case.
In a Friday social media post, Dragonfly Capital managing par
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Roman Storm’s team expected to close case next week, developer may still testify

Defense attorneys representing Tornado Cash co-founder and developer Roman Storm will reportedly rest their case sometime next week, sending the matter to the jury.
According to reporting from Inner City Press on Friday, Judge Katherine Failla said she expected to hear closing statements from
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Tokenized money market funds emerge as Wall Street’s answer to stablecoins

The tokenization of money market funds marks a significant step in preserving the appeal of “cash as an asset,” especially as the growing adoption of stablecoins threatens to erode the attractiveness of traditional fund offerings, according to JPMorgan strategist Teresa Ho.
Commenting on recent
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The centralization crisis threatens data privacy

Opinion by: Angie Darrow, chief marketing officer and chief ecosystem communications officer at Web3 Foundation
When a temporary data cloud outage can disrupt the global financial system — as the AWS Tokyo outage demonstrated in April — something’s gone wrong with the infrastructure that
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Smart contract devs think AI code will make crypto safer despite vibe coding fears

Smart contract developers and auditors told Cointelegraph that artificial intelligence usage in programming will make crypto safer despite earlier reports suggesting that AI-generated code may introduce new security risks.
A November 2024 report by the Center for Security and Emerging Technology
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Sharplink hits back at BitMine’s $2B Ether buy with BlackRock hire

Sharplink, a major public company with significant Ether holdings, has hired a veteran BlackRock executive as the corporate Ether treasury race heats up.
Former BlackRock senior executive Joseph Chalom has joined Sharplink as its new co-CEO, effective July 24, the company announced on Friday.
In h
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