Delio CEO sentenced to 15 years in prison on crypto fraud in South Korea

More than a year after being indicted on fraud charges related to his activities at crypto company Delio, Jeong Sang-ho faces prison time in South Korea. Source: Cointelegraph

More than a year after being indicted on fraud charges related to his activities at crypto company Delio, Jeong Sang-ho faces prison time in South Korea. Source: Cointelegraph

The CFTC will hold a meeting for its Innovation Advisory Committee on Aug. 20 to address regulation related to crypto assets, artificial intelligence and prediction markets. Source: Cointelegraph

The Blockchain Association argues the Fed should not have broad discretion to deny eligible state-chartered banks direct access to its payment system. Source: Cointelegraph

Standard Chartered said Robinhood’s Uniswap integration could solve a key challenge for new blockchains while accelerating UNI token burns. Source: Cointelegraph

AI and HPC are reshaping mining economics as operators repurpose power and data centers, while a smaller group of miners continues to expand Bitcoin capacity. Source: Cointelegraph

The crypto exchange operator’s shares gained around 10% as adjusted EBITDA more than tripled and subscription and services revenue hit a record high. Source: Cointelegraph

The wallet provider warned that thousands of users could potentially be at risk of phishing attempts, while advising that all devices, private keys and backups were safe. Source: Cointelegraph

Bitcoin joined US stocks in modest gains after July PPI inflation data continued a cooling trend seen over the past month. Source: Cointelegraph

Bitmine’s Ether staking revenue is an important financial buffer that fills financial gaps and provides recurring revenue streams beyond Ether’s price appreciation, analysts told Cointelegraph. Source: Cointelegraph

MUFG’s experiment plans to bring Japanese government bond repo transactions onchain to achieve 24/7 settlement, as well as improved capital and operational efficiency. Source: Cointelegraph