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The token is dead, long live the token

Opinion by: Daniel Taylor, head of policy at Zumo
Crypto X communities think tokens are toast. Here’s why they’re right — and dead wrong.
If there were one chart to sum up today’s crypto token meta, it would be Bloomberg chart-boxing its comparison of
TOKEN9.19%
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5 countries where crypto is (surprisingly) tax-free in 2025

Key takeaways
Cayman Islands: No income, capital gains or corporate tax — ideal for crypto traders and funds.
UAE: Zero tax on all crypto activity across all emirates, plus strong regulatory clarity.
El Salvador: Bitcoin is legal tender with full tax exemption and growing national adoption.
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Disappearing Satoshi statue in Lugano stolen, 0.1 BTC offered for its return

A statue honoring the mysterious Bitcoin creator Satoshi Nakamoto has been stolen from Parco Ciani in Lugano, Switzerland.
The theft was confirmed by Satoshigallery, the group behind the global Satoshi statue initiative, which is now offering a 0.1 Bitcoin (BTC) reward (worth over $11,000) for
BTC1.26%
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Creative leverage solves the impermanent loss problem — Curve founder

Yield Basis, a protocol developed by the decentralized finance (DeFi) platform Curve Finance, mitigates impermanent loss for tokenized Bitcoin (BTC) and Ether (ETH) liquidity providers (LPs), while also creating a market-based approach to token inflation and emissions, according to Curve founder
CRV5.2%
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China’s crypto liquidation plans reveal its grand strategy

Opinion by: Joshua Chu, co-chair of the Hong Kong Web3 Association
Last week’s announcement of Hong Kong’s LEAP Digital Assets Policy Statement 2.0 was made with much anticipation and fanfare. The government of Hong Kong promised a comprehensive regulatory framework that will unify licensing and “
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Ramping up efforts around PayFi: AMA recap with Tron

Blockchain
Payments
Adoption
Tether
Tron
Stablecoin
DeFi
Web3
TRX1.97%
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Spot Bitcoin ETFs see second-largest outflow, Ether ETFs end 20-day streak

Spot Bitcoin exchange-traded funds (ETFs) saw $812.25 million in net outflows on Friday, marking the second-largest single-day loss in the history of these products.
The drawdown erased a week of steady gains and pushed cumulative net inflows down to $54.18 billion. Total assets under management
BTC1.26%
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Strategy expands STRC offering twice in two weeks

Bitcoin (BTC) treasury company Strategy has expanded the scope its STRC offering twice since issuing the corporate security on July 22.
The company announced an at-the-market offering of up to $4.2 billion of its Variable Rate Series A Perpetual Stretch Preferred Stock (STRC), a hybrid corporate s
BTC1.26%
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XRP cloud mining in 2025: How much can you really earn?

Key takeaways
XRP cloud mining doesn’t mine XRP; it funds BTC or ETH contracts using XRP.
Promised returns (100%-800% APR) are often unsustainable and lack transparency.
High risks include scams, volatility and hidden fees, with little regulatory oversight.
Safer alternatives exist, like
XRP3.08%
CLOUD-1.6%
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Bitcoin’s Independence Day: 8 years after the Block Size Wars

August 1 marks the eighth anniversary of a key moment in Bitcoin’s (BTC) history — the initial activation of Segregated Witness (SegWit) in 2017, a key software upgrade that reshaped the network’s future and triggered a hard fork.
The move, known as “Bitcoin Independence Day,” reduced miner
BTC1.26%
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