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'Running Away Balloon' Artist Sues AI Meme Generator Over Ad Templates
A Filipino cartoonist has sued the company behind AI ad generator Memes.ai, alleging it sold access to his best-known comic as a template for advertising. Elmer Saflor, aka "Superelmer," filed the complaint on July 1 in the Central DistrictDecryptKenya Cuts Stablecoin Capital Rule 40% to $2.32M as Global Issuers Weigh Entry
Kenya’s National Treasury reduced the paid-up capital requirement for stablecoin issuers by 40% to approximately $2.32M to encourage entry into its rapidly growing crypto market. Key TakeawaysKenya’s Treasury cut capital needs for stablecoibitcoin.comKalshi, Polymarket Score Win as Judge Blocks Minnesota Prediction Market Ban—For Now
A federal judge blocked Minnesota from enforcing SF 3432, the first state law to criminalize prediction markets, granting Kalshi, Polymarket and the Commodity Futures Trading Commission a preliminary injunction on Monday, with the statute dDecryptArgentina’s Banking Groups Are Quietly Building Peso Stablecoins for the Institutional Market
Local reports indicate that while the central bank maintains a ban on banks offering crypto services, two banking holding groups are preparing to offer digital peso stablecoin alternatives for businesses that would take advantage of the perbitcoin.comIMF Sounds the Alarm: Why Brazil’s Booming Crypto Market Needs Urgent Oversight
In its most recent Financial System Stability Assessment report, the IMF acknowledged the massive scale of the Brazilian cryptocurrency market, with cross-border crypto flows surpassing traditional alternatives. The report calls for full imbitcoin.comBitcoin Slides Under $64,000 Again as $100 Million Liquidated in an Hour
Bitcoin fell back under $64,000 on July 28 as roughly $100 million in leveraged positions were wiped out across the crypto market inside 60 minutes, marking the third time this week traders have been flushed out around that level. Key Takebitcoin.comSouth Korea Giants LG CNS and POSCO International Deploy Live Trade Data on Injective Blockchain
POSCO International and LG CNS have launched a pilot on the Injective blockchain to tokenize real trade accounts receivable using live data from overseas subsidiaries. Key TakeawaysPOSCO and LG CNS are tokenizing live receivables across 80+bitcoin.comRatio CEO Says Multi-Currency Stablecoins Could Eliminate Costly FX Conversions Across Asia
Global trade still relies on outdated correspondent banking networks, pre-funded Nostro/Vostro accounts, and time-zone mismatches that cause multiday delays. Industry leader John Cho advocates for a multi-currency stablecoin ecosystem wherebitcoin.comOcean Infinity Spent 151 Days at Sea Hunting MH370. In 2026 It Came Back Empty Again
Ocean Infinity says it has now spent 151 days at sea searching for Malaysia Airlines Flight MH370 since joining the hunt in 2018, mapping more than 140,000 square kilometers of seafloor before leaving the latest search area on January 23, 2bitcoin.comStrategy Opens the Door to Bitcoin Sales—Michael Saylor Explains Why It Makes Sense
Strategy expects future bitcoin sales to help finance preferred stock repurchases, extending a funding strategy the company has already used while targeting disciplined buybacks of STRC and more stable trading in the preferred stock. Key Tabitcoin.comDigital-Asset Treasury Firms Chase AI Boom as Crypto Premiums Disappear
A growing number of digital-asset treasury companies are pivoting toward artificial intelligence after crypto losses crushed their share prices. The strategy has yet to revive investor confidence, while former bitcoin miners have found morebitcoin.comKalshi Was Warned of Spotify Manipulation Before Settling $3.3M Market
A prominent Kalshi trader says he asked the exchange to delay a $3.3 million Spotify-market settlement while its enforcement team examined signs of artificial streaming. Kalshi paid the market minutes after its final response, a day beforebitcoin.comSeven Fintech Firms Join Zimbabwe’s Sandbox as Digital Asset Tokenization Gains Traction
Zimbabwean regulator approved seven fintech solutions to test their products under its supervised regulatory sandbox framework. The selected cohort includes blockchain platforms, synthetic trading, crowdfunding, and tokenization services. Kbitcoin.comKakao Pay Taps Nasdaq’s Siebert to Bring Tokenized Korean Stocks to Wall Street
Siebert Financial Corp. has agreed to become the U.S. partner for Kakao Pay Securities in a plan to bring South Korean stocks to American investors outside normal market hours. Key TakeawaysSiebert Financial (Nasdaq: SIEB) will serve as Kakbitcoin.comKraken Parent Payward Acquires Magic Wallet, Adding Technology Behind 60M Wallets
Payward has agreed to acquire Magic Labs’ wallet-as-a-service business, adding embedded, non-custodial wallets to the infrastructure platform behind Kraken. The deal brings technology used to create more than 60 million wallets into Paywardbitcoin.comElon Musk: Humans Will Lose Control of AI Within a Decade
Artificial intelligence could surpass the combined intelligence of humanity within about five years, and humans are unlikely to remain in control of the technology within a decade, according to Elon Musk. Speaking with The Economist editor-DecryptBrian Armstrong Says AI Agents Will Make Crypto More Important for Global Payments
Coinbase CEO Brian Armstrong says artificial intelligence will strengthen crypto’s role rather than replace it. He expects autonomous agents to rely on stablecoins and blockchain networks for payments, trading and financial services. Key Tabitcoin.comFranklin Templeton Joins Blackrock, Fidelity, Goldman Sachs in Backing CLARITY Act
Franklin Templeton has joined Blackrock, Fidelity, and Goldman Sachs in supporting the CLARITY Act, strengthening Wall Street’s push for federal crypto rules as senators review updated legislation before a potential floor vote. Key Tabitcoin.comSearchable NYC Property Database Puts Wealthy Residents at Risk, Critics Warn
A searchable database built from New York City's public property assessment records is drawing backlash from prominent figures in the crypto industry, who argue that making the information easier to search effectively creates a directory ofDecryptBlackrock Backs the CLARITY Act — Congress Is Running Out of Time to Pass It
Blackrock, the world’s largest asset manager, backed the CLARITY Act as the Senate races against its legislative calendar, putting Wall Street’s support behind the landmark crypto market structure bill as lawmakers face mountingbitcoin.com
