Showing posts from Crypto tag
SEC rewrites crypto custody rules as Blast L2 pulls the plug on unsustainable operations
The SEC under Chair Paul Atkins has proposed a dedicated crypto custody framework for registered investment advisers and funds, formally permitting self-custody …
Clarity Act dies, Base deploys Cobalt, and Stripe picks Open USD
The Senate's failure to pass the Clarity Act cleared the way for sudden regulatory relief, including a five-year SEC exemption for tokenized equities and …
Kalshi cuts liquidity perks over wash trading, Robinhood rolls out US perps
Kalshi informed the CFTC it will shut down its Volume Incentive Program no earlier than October 13 following allegations that repeated $5,500 prints …
SEC Says Decentralized Buybacks Aren't Securities, Coinbase Gets Clearing License
The SEC ruled that decentralized token buybacks don't trigger Howey classification, a direct response to a16z's Miles Jennings and a green light for on-chain …
Bitget Resumes Withdrawals After $388M Hack, Strategy Bets on Daily Dividends
Bitget begins phased withdrawal resumption after a September 24 exploit drained $388 million, the largest crypto theft this year, with BTC and ETH back online …
Kalshi's Circuit Split Widens as Bitcoin ETFs Flip Positive for 2026
The Sixth Circuit unanimously ruled against Kalshi, upholding Ohio's sports betting ban and vacating the injunction against Tennessee, leaving the prediction …
Canada's Big Six Banks Bet on Tokenized Deposits as Tether Quits Europe
Canada's six largest banks are jointly exploring a Canadian-dollar tokenized deposit system, a project that follows regulators clarifying these deposits are not …
Canada's Big Six Banks to Tokenize Deposits as Tether Quits Europe
Canada's six largest banks are jointly exploring a Canadian-dollar tokenized deposit system, following a regulatory ruling that treats tokenized deposits as …
Prediction Markets to Hit $10 Trillion by 2035, Bernstein Says
Bernstein forecasts prediction market volume exploding from $410 billion in 2026 to $10 trillion by 2035, with financial assets overtaking sports as the …
Polymarket Faked Volume, Kalshi Faked Perps, and Coinbase Opens the IPO Door
A crypto researcher alleges Kalshi faked up to 58% of its ETH perpetual volume on four separate days, with a single $5,500 trade size dominating the books. …
NYSE's Avalanche Test, Visa's Memecoin Crackdown, and Onchain AI
The NYSE has spent the past year testing Avalanche technology for its tokenized equities platform, with Ava Labs President Charley Cooper confirming a "close …
House committee advances bill to codify Trump's Strategic Bitcoin Reserve
The House Financial Services Committee advanced the American Reserve Modernization Act, which would codify Trump's 2025 executive order creating a strategic …
Bybit Opens China Doors, Robinhood Engineers Busted, and Arc's Mainnet Lands
Bybit has reportedly opened registration to Chinese users, a massive reversal of its long-standing policy that could pull in tens of millions of new traders, …
Senate Kills Clarity Act, DOJ Charges Robinhood Engineers, EU Drops 24-Hour Wallet Rule
The Senate blocked the Clarity Act in a stunning cloture vote, killing the crypto industry's best shot at a comprehensive market structure framework and leaving …
Clarity Act Draft Finally Drops, and Mexico Just Raided a Hidden Crypto Mine
Senate Republicans released the final draft of the Digital Asset Market Clarity Act, incorporating 126 Democrat-requested changes and sending Polymarket odds of …
Nasdaq Puts $100M Into Kraken at $21B - and Sells It Tokenized Stocks
Nasdaq Ventures dropped $100 million into Kraken parent Payward at a $21 billion valuation, then agreed to let Kraken distribute Nasdaq-tokenized stocks with …
MetaMask Goes Independent, Hunter Biden's LAPTOP Token Crashes 99%
MetaMask spun out as an independent company and launched Transaction Shield, an opt-in feature covering up to $10,000 per month for deemed-safe transactions, …
Tokenized Stocks Out-Trade the NYSE During a 89.5-Hour Shutdown
Tokenized stocks moved $1 billion in volume while US markets were shut for Labor Day, nearly matching Friday's $1.02 billion across 42 tokens on four platforms. …
Visa's stablecoin settlement hits $20B run rate; Ethereum targets quantum-safe L1 by 2029
Visa's stablecoin settlement volume topped a $20 billion annualized run rate, up 15x year-over-year, with 160+ card programs live and Credit Coop's …
DBS and Citi Move Weekend USD Payments in Minutes, Not Days
DBS and Citi completed a weekend cross-border USD payment using tokenized deposits on Swift's Digital Ledger, cutting settlement from two days to minutes. …
Liquid Network Freezes After $320M Hack; Solana's Agent Micropayment Test Hits 1M/sec
The Bitcoin sidechain Liquid Network went dark over the weekend after roughly 4,000 BTC ($320M) was withdrawn by purported white-hat hackers using the SideSwap …
New Jersey bets the Supreme Court ends Kalshi's nationwide sports market run
New Jersey asked the Supreme Court to overturn a Third Circuit win for Kalshi in a 332-page gambling-jurisdiction fight. Bitcoin's 90-day correlation with gold …
Banks Launch Dollar Stablecoin Consortium, Threaten Tether and Circle
Goldman Sachs, Bank of America, and a consortium of US financial institutions are jointly issuing a dollar-backed stablecoin targeting 2027, directly …
Binance's $343B Equity Perp Surge Explains Its Stock Options Play
Binance is launching physically settled options on 1,000+ US stocks and ETFs, doubling down on equity derivatives after TradFi perpetual volume hit $433.4B in …
Strategy Resumes BTC Buying; ICE-TZERO Deal; Poseidon2b Defense
Strategy bought 4,603 BTC for $369.7M, lifting total holdings to 845,050 BTC. ICE partnered with tZERO on tokenized securities infrastructure. A researcher …
Fogo halts mainnet after $3M token exploit; Solana ETFs hit $1B
Fogo's Layer 1 blockchain halted mainnet after an attacker drained 400M FOGO tokens worth ~$3M - roughly 10% of the circulating supply - ending the network's …
Bitcoin eyes $83,300 breakout as Moonwell loses $8.7M and Revolut ships a euro stablecoin
Bitcoin has rallied into a stacked $81,000-$86,000 supply zone, with analysts pointing to a close above $83,300 on continued ETF inflows as the trigger that …
Ethereum's Fast Blocks, Visa's Korean Stablecoin Push, and the Death of Microtransaction Fees
Ethereum's protocol developers outlined concrete timelines for reducing block times from 12 seconds to under 1 second within two hard forks, directly cutting …
Coinbase puts Apple, NVIDIA and Google onchain, and five L2s admit their fees
Coinbase went live with tokenized NVDA, AAPL, META and GOOGL on Base under the B20 standard, posting $4.55M in day-one onchain value and $10.8M in 24-hour …
Bitcoin up 21% in a week, XRP 46%, and Circle picks Sept. 16 for Arc mainnet
Bitcoin held above $77,000 after a 21% weekly gain, with XRP up 46% over the same stretch, as markets waited on new Fed Chair Kevin Warsh's Jackson Hole debut. …
CFTC to Regulate Crypto With or Without Congress; Bitcoin Posts Largest Weekly Dollar Gain Ever
Bitcoin surged $14,264 in a single week to close at $77,387 — its largest-ever weekly dollar gain — while spot ETFs absorbed $1.92 billion in net inflows and …
Bitcoin tags $71K on $517M ETF day, Clarity Act gets an Oval Office push
Bitcoin broke $71,000 after spot ETFs pulled in $517 million on August 19, the largest single-day haul in months, and a separate $189 million flooded into …