Crypto
The Ninth Circuit ruled that state law can govern prediction‑market contracts, rejecting the Commodity Futures Trading Commission’s claim of exclusive jurisdiction. The decision opens the door to a Supreme Court showdown and adds uncertainty for crypto‑linked derivatives.
Crypto
The Solana community is voting on significant governance proposals aimed at reducing the future supply of its native token, SOL, with potential implications for its market price and staking yields. These measures include a faster disinflation schedule and a token burn mechanism, drawing considerable attention amid a strong performance for SOL.
Crypto
Markets are keenly awaiting Kevin Warsh's keynote address at the Jackson Hole Symposium, anticipating its potential influence on Federal Reserve support for Treasury buybacks. This guidance is expected to significantly impact the trajectories of Bitcoin and gold, which have seen recent rallies.
Crypto
The U.S. Securities and Exchange Commission has advanced a revamped custody framework for investment advisers, sending it to the White House for review. The move comes as Bitcoin steadies near $79,000, reflecting market sensitivity to regulatory clarity.
Crypto
Bitcoin researchers have introduced and tested new methods to fortify the network against potential quantum computing threats, including a novel signature scheme and a mainnet experimental transaction. These developments aim to enhance security while addressing the challenges of network capacity and transaction costs.
Crypto
Better Mortgage and Coinbase have made a token‑backed, conforming mortgage product generally available to U.S. homebuyers, allowing Bitcoin to be pledged as collateral without a sale. The offering, limited to Coinbase One members, includes rebates and closing‑cost credits aimed at crypto‑rich borrowers.
Crypto
A coalition of U.S. state banking associations is developing a nationwide blockchain network, dubbed the "BankChain Alliance," set for a 2027 launch. This initiative aims to facilitate stablecoins, tokenized deposits, and payments within a regulated financial framework.
Crypto
BlackRock has significantly reduced the minimum threshold for converting self-custodied Bitcoin into shares of its spot Bitcoin ETF, IBIT, from $25 million to $1 million. This move aims to facilitate greater institutional adoption and integration of Bitcoin wealth into traditional financial markets.
Crypto
The Monad blockchain has put forward a significant wallet upgrade initiative aimed at introducing quantum-resistant accounts, advanced key recovery mechanisms, and seamless passkey integration. This proposal seeks to enhance both security and user experience without necessitating a change in existing wallet addresses.
Crypto
Bitcoin has rallied past $80,000 for the first time since May, marking a three-month high driven by renewed investor optimism and a 'debasement trade' impacting the U.S. dollar. The cryptocurrency's surge reflects shifting U.S. Treasury policy and increased demand for digital assets.
Crypto
Ethereum-based lending platform Term Finance has suffered an $8.5 million loss due to a governance exploit, where an attacker reportedly acquired enough voting power to drain its Meta Vaults. The incident underscores significant vulnerabilities in decentralized finance protocols where the cost to control a protocol via voting tokens can be less than the value of the assets it manages.
Crypto
Bitcoin experienced a significant rally, climbing over 20% to surpass $77,000, driven by escalating worries over the United States' national debt and instability in the bond market. This surge marks one of the cryptocurrency's largest weekly dollar gains on record, with prominent investor Ray Dalio advising a partial allocation to Bitcoin as a hedge.