This is an automated archive made by the Lemmit Bot.

The original was posted on /r/cryptocurrency by /u/sharprover359 on 2025-07-31 20:51:21+00:00.

“We are at the threshold of a new era in the history of our markets. As I mentioned earlier, today I am announcing the launch of “Project Crypto”—a Commission-wide initiative to modernize the securities rules and regulations to enable America’s financial markets to move on-chain.

Just a few weeks ago, President Trump signed the GENIUS Act into law, ensuring that America will continue to lead in global payments with a gold standard stablecoin regulatory framework. Upon signing the GENIUS Act into law, I was pleased that President Trump endorsed Congressional efforts to pass crypto market structure legislation by the end of the year. I commend the House of Representatives for garnering such strong bipartisan support, and I look forward to working with the Senate as they build off the House’s work and craft market structure legislation that future proofs our markets against regulatory mischief, cementing the United States as the crypto capital of the world.

Yesterday, the President’s Working Group on Digital Asset Markets released the PWG Report with clear recommendations for the SEC and other federal agencies to build a framework to maintain U.S. dominance in crypto asset markets. This report is the blueprint to make America first in blockchain and crypto technology. The President said last week that he wants “the entire world running on the backbone of American technology.”[9] I stand ready to help get that job done.”

This is an automated archive made by the Lemmit Bot.

The original was posted on /r/cryptocurrency by /u/KIG45 on 2025-07-31 21:09:02+00:00.

This is an automated archive made by the Lemmit Bot.

The original was posted on /r/cryptocurrency by /u/goldyluckinblokchain on 2025-07-31 19:14:56+00:00.

This is an automated archive made by the Lemmit Bot.

The original was posted on /r/cryptocurrency by /u/CriticalCobraz on 2025-07-31 18:24:14+00:00.

The Ether Machine, a newly formed company, has purchased $56.9 million worth of Ethereum (ETH) to become the third largest holder of the cryptocurrency, with a total of $1.28 billion in ETH holdings. This surpasses the Ethereum Foundation's holdings of $899.8 million. The company plans to list on the NASDAQ in Q4 and aims to provide institutional-grade exposure to Ethereum through staking and DeFi.

Key Points:

• The Ether Machine has purchased 15,000 ETH at a cost of $56.9 million.
• The company now holds $1.28 billion worth of ETH.
• The Ethereum Foundation's ETH holdings are now surpassed by The Ether Machine.
• Corporate treasuries are increasingly popular for investing in Ethereum due to benefits like access to staking and rewards.

This is an automated archive made by the Lemmit Bot.

The original was posted on /r/cryptocurrency by /u/QuirkyFisherman4611 on 2025-07-31 16:51:06+00:00.

Qubic has announced it will launch its 51% attack against Monero in two days. For the last weeks, its hashrate has been slowly going up, from 5% to over 30% now. Qubic mines on and off, but they mined for 24 hours straight last Sunday and its hashrate was close to 30%. Right now, when Qubic is mining, they are close to 34% hashrate : https://explorer.jetskipool.ai/xmr-tracker.html

The risk is serious.

I really like this explanation of what is wrong right now with Monero and how it makes such attack possible : https://x.com/the_smart_ape/status/1950833481883500554

I am a big fan of Monero and have been for years, but I did not see much discussion on r/Monero about this problem and the devs have been sleeping. Monero's value is based on trust and if Qubic is able to make its 51% attack, trust would vanish.

We could discuss how they are able to do it (is Qubic a front for a three letter agency with deep pockets to rent CPU power and attack the best privacy coin?) but the truth is they are doing it right now. If it's not a three letter agency front, then it's surely some kind of ponzi scheme where Qubic's own price fuels the rewards to the miners (you can't logically explain otherwise how they supposedly reward miners 3X more than what they would if mining Monero alone), but in the end a 51% attack is a 51% attack is a 51% attack. And we know what happen after a 51% attack : double-spending, collapse of trust, and, well, just look at Vertcoin or others.

Qubic is a new enemy, that was not understood before. By centralizing miners, it disconnects the miners from the holders. Before, miners had a strong incentive NOT to join a pool that would reach 51%. In 2022, when MineXMR pool got close to that limit, all that was needed was to ask miners to voluntarily choose another pool, so they won't hurt Monero. They did it and problem was over.

But now, the beast is different. Miners using Qubic do not care about Monero. Qubic is a parasite and even if it kills its host, it will simply switch to another host (the guy behind Qubic already said Doge might be his next target). This is completely new.

This is why I said, and others more intelligent and tech-savvy than I said as well, that Monero devs should react ASAP with, if needed, a hard fork. No solution is perfect, but maybe banning pool like Wownero did is an idea. Limiting pool power is another idea. Or maybe making transactions more expensive (who would care if transactions were $0.10 instead of $0.01 if it secures the network). Or something else.

The point is : there needs to have a discussion and so far the Monero devs have been asleep.

And to those who think this is irrelevant because they are not invested in Monero, think again : if it happens to Monero, it can happen to many other coins later on.

Urgent action is needed by the devs and they need to discuss openly and publicly what can be done and be ready to hard fork Monero right before Qubic reach 51%.

Many people depends on Monero for their safety and use Monero daily, and even save in Monero. If the attack was successful, trust would be gone for good and by destroying the best privacy coin, we would be a step closer to CBDCs and it would be (another) sad day for freedom.

This is an automated archive made by the Lemmit Bot.

The original was posted on /r/cryptocurrency by /u/Dongerated on 2025-07-31 16:32:30+00:00.

This is an automated archive made by the Lemmit Bot.

The original was posted on /r/cryptocurrency by /u/Dongerated on 2025-07-31 14:22:11+00:00.

This is an automated archive made by the Lemmit Bot.

The original was posted on /r/cryptocurrency by /u/davideownzall on 2025-07-31 14:05:22+00:00.

This is an automated archive made by the Lemmit Bot.

The original was posted on /r/cryptocurrency by /u/kirtash93 on 2025-07-31 15:31:17+00:00.

This is an automated archive made by the Lemmit Bot.

The original was posted on /r/cryptocurrency by /u/Abdeliq on 2025-07-31 15:02:41+00:00.

This is an automated archive made by the Lemmit Bot.

The original was posted on /r/cryptocurrency by /u/Odd-Radio-8500 on 2025-07-31 14:21:39+00:00.

This is an automated archive made by the Lemmit Bot.

The original was posted on /r/cryptocurrency by /u/sudo-rm-rf-Israel on 2025-07-31 13:01:17+00:00.

I got it to Crypto for a year or so back in 2019/2020 I made somw money with Shib and Eth.

I got really lucky and got into a popular NFT and sold it and made about 20k in a few weeks which was amazing.

I bought into Polkadot and Saitama when they were pretty new and then I got out after losing money on a couple other random crypto projects that were all the rage for about 15 minutes. I remember DOGE was gonna moon "Any day now $1 is just weeks away."

I want to get back in but I'm not sure where to start. NFTs, where I made the most money, and had the most fun seem all but dead. The one I sold for $19k is now for sale for like $20 which is just crazy.

So what are people doing in Crypto in 2025? Where should I start? Just bitcoin or are people still making money on meme coins? I found it a lot of fun trying to find the next big thing but they all seem to have to turned to nothing, Polkadot seemed the most promising and exciting project back then.

I looked at the new top performers and I dont recognize any of them lol.

Would love some suggestions.

Thanks!

This is an automated archive made by the Lemmit Bot.

The original was posted on /r/cryptocurrency by /u/DryMyBottom on 2025-07-31 11:41:08+00:00.

This is an automated archive made by the Lemmit Bot.

The original was posted on /r/cryptocurrency by /u/Every_Hunt_160 on 2025-07-31 09:46:23+00:00.

This is an automated archive made by the Lemmit Bot.

The original was posted on /r/cryptocurrency by /u/WildCAptainBOy on 2025-07-31 07:27:37+00:00.

You play as Vitalik, avoiding shitcoins, distractions, shillers and many other awesome enemies

I solo developed this over the past couple of months as a side project, I really like game development and I enjoyed developing this project it was a lot of fun and had many late night laughs while doing so

Would appreciate hard feedbacks so I can continue to improve this game, memes, to hear you had a good time playing it or any wild ideas for bosses or enemies you might have (the more the degenerate the better haha)

This is an automated archive made by the Lemmit Bot.

The original was posted on /r/cryptocurrency by /u/kirtash93 on 2025-07-31 06:23:45+00:00.

This is an automated archive made by the Lemmit Bot.

The original was posted on /r/cryptocurrency by /u/AutoModerator on 2025-07-31 00:00:59+00:00.

Welcome to the Daily Crypto Discussion thread. Please read the disclaimer and rules before participating.

Disclaimer:

Consider all information posted here with several liberal heaps of salt, and always cross check any information you may read on this thread with known sources. Any trade information posted in this open thread may be highly misleading, and could be an attempt to manipulate new readers by known "pump and dump (PnD) groups" for their own profit. BEWARE of such practices and exercise utmost caution before acting on any trade tip mentioned here.

Please be careful about what information you share and the actions you take. Do not share the amounts of your portfolios (why not just share percentage?). Do not share your private keys or wallet seed. Use strong, non-SMS 2FA if possible. Beware of scammers and be smart. Do not invest more than you can afford to lose, and do not fall for pyramid schemes, promises of unrealistic returns (get-rich-quick schemes), and other common scams.

Rules:

• All sub rules apply in this thread. The prior exemption for karma and age requirements is no longer in effect.
• Discussion topics must be related to cryptocurrency.
• Behave with civility and politeness. Do not use offensive, racist or homophobic language.
• Comments will be sorted by newest first.

Useful Links:

• Beginner Resources
• Intro to r/Cryptocurrency MOONs 🌔
• MOONs Wiki Page
• r/CryptoCurrency Discord
• r/CryptoCurrencyMemes
• Prior Daily Discussions - (Link fixed.)
• r/CryptoCurrencyMeta - Join in on all meta discussions regarding r/CryptoCurrency whether it be moon distributions or governance.

Finding Other Discussion Threads

Follow a mod account below to be notified in your home feed when the latest r/CC discussion thread of your interest is posted.

• u/CryptoDaily- — Posts the Daily Crypto Discussion threads.
• u/CryptoSkeptics — Posts the Monthly Skeptics Discussion threads.
• u/CryptoOptimists- — Posts the Monthly Optimists Discussion threads.
• u/CryptoNewsUpdates — Posts the Monthly News Summary threads.

This is an automated archive made by the Lemmit Bot.

The original was posted on /r/cryptocurrency by /u/OhWiseWizard on 2025-07-30 23:59:46+00:00.

Thought it might be interesting for people who haven't read it yet to know which tokens were explicitly mentioned in the White House Digital Asset Report (not just in footer notes but in the actual report):

• Bitcoin
• Ethereum
• Solana
• Chainlink
• Uniswap
• Ondo

Surprisingly in all 166 pages that's all I saw. That said, the report is rather thorough, took me the entire day to get through, but gives a very good picture of what the future landscape of crypto/blockchain is going to look like, specifically when it comes to stablecoins and tradfi adoption. We are definitely on the cusp of a monumental size/demand increase for all cryptos with fundamental value, I think likely leaving the memecoin stages behind within the next year or two. Should be interesting.

This is an automated archive made by the Lemmit Bot.

The original was posted on /r/cryptocurrency by /u/DryMyBottom on 2025-07-30 19:30:28+00:00.

This is an automated archive made by the Lemmit Bot.

The original was posted on /r/cryptocurrency by /u/TheGreatCryptopo on 2025-07-31 00:11:21+00:00.

This is an automated archive made by the Lemmit Bot.

The original was posted on /r/cryptocurrency by /u/Silver-Maximum9190 on 2025-07-30 20:46:30+00:00.

This is an automated archive made by the Lemmit Bot.

The original was posted on /r/cryptocurrency by /u/partymsl on 2025-07-30 20:35:56+00:00.

This is an automated archive made by the Lemmit Bot.

The original was posted on /r/cryptocurrency by /u/CriticalCobraz on 2025-07-30 19:11:42+00:00.

Ethereum has achieved a remarkable milestone by maintaining perfect uptime for 10 consecutive years without missing a single block. To celebrate this achievement, the Ethereum Foundation is hosting a global livestream on July 30, 2025, featuring co-founder Vitalik Buterin, Joseph Lubin, and other key figures from the Ethereum ecosystem. The event aims to highlight Ethereum's decentralized network and its ability to outperform centralized systems.

This is an automated archive made by the Lemmit Bot.

The original was posted on /r/cryptocurrency by /u/goldyluckinblokchain on 2025-07-30 18:52:59+00:00.

This is an automated archive made by the Lemmit Bot.

The original was posted on /r/cryptocurrency by /u/krakenexchange on 2025-07-30 18:41:18+00:00.

https://preview.redd.it/fmt7fnwb32gf1.jpg?width=3070&format=pjpg&auto=webp&s=5f6ce8cd61c009bd22d29dd7c33c597e117b3242

At Kraken, transparency isn’t a slogan – it’s a standard. Our latest Proof of Reserves (PoR) audit, finalized as of June 30, 2025, once again verifies that client assets held on our platform are backed 1:1 and beyond. The process covers major cryptoassets, including BTC, ETH, SOL, USDC, USDT, XRP and ADA.

We don’t expect blind trust. We don’t need it. We offer cryptographic evidence.

New to PoR? Learn how it works in our beginner’s guide.

What our June 2025 report shows

Our PoR audit captures a complete snapshot of client assets across all services – not just spot balances. It includes margin accounts, futures holdings and staked assets, offering a full-spectrum look at customer exposure.

Reserve ratios as of June 30, 2025

A quick refresher – what is Proof of Reserves?

Proof of Reserves is a cryptographic process that allows clients to verify, independently and privately, that their assets are included in a third-party-audited snapshot of the platform’s liabilities.

We use a Merkle tree to combine individual balances into a single cryptographic hash. Clients receive a personalized Merkle proof, which they can use to confirm inclusion without revealing personal details. An independent auditor then confirms that Kraken’s onchain holdings exceed total client balances – effectively verifying full reserves without assumptions.

Why Kraken’s PoR goes further

While more exchanges are now offering “PoRs” in some form, not all of them offer the same level of rigor or transparency. Here’s what sets ours apart:

1. We account for liabilities, not just assets ==============================================

Some platforms show what they hold – but skip what they owe. We include total client liabilities in every audit. Anything less isn’t a full proof of reserves.

2. User-level verification ==========================

Every client can verify their own inclusion using our open-source Merkle verification tool. This isn’t just about trust – it’s about verification.

3. A decade of consistency ==========================

We first pioneered PoR in 2014 – and we haven’t stopped. Kraken conducts PoR regularly and methodically, not just during news cycles.

PoR is vital. It’s not about promises. It’s about proof – visible, cryptographic, third-party-verified proof. Kraken’s process is built to withstand scrutiny and empower users with information.

What’s next – expanding scope

We’re committed to publishing PoRs quarterly, alongside our financial disclosures, to ensure users have a regular window into platform solvency. We’re also actively working to expand the coverage of our PoRs to include more supported assets, giving a broader view of the reserves across our ecosystem.

Since the beginning, Kraken has stood for accountability, independence and crypto-first values. We believe transparency should be an industry norm, not an afterthought. That’s why we’ll keep raising the bar.

Ready to verify your account? Visit our Proof of Reserves portal.

Sign in and self-verify balances