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New York, USA
U.S. spot bitcoin ETFs flip back into the green for the year, the Fed proposes new stablecoin rules under the GENIUS Act, and New York sues Polymarket over allegations of illegal gambling. @uyentruong has what you need to know.
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The White House says the CLARITY Act is unlikely to pass in the lame-duck session, the CFTC warns of manipulation risks in prediction markets tied to what people say or do, and FTX- and Alameda-linked wallets move more than 7,000 ETH to Wintermute. @JennSanasie has what you need to know.
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A $3.17 million options bet targets bitcoin at $95,000 by the end of October, Binance buys a $100 million stake in Circle, and Cardano joins the x402 toolkit for AI-agent payments. @uyendoe has what you need to know.
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Fed Chair Kevin Warsh delivered his first Jackson Hole keynote, Circle becomes Chelsea's main shirt sponsor, and major U.S. banks push ahead with tokenized deposits as the CLARITY Act heads into September. @uyendoe has what you need to know.
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Dallas Fed economists warn tokenized deposits could drain $700 billion from U.S. bank lending, $6.4 billion in bitcoin options are set to expire Friday, and the ECB pushes back on surveillance concerns over the digital euro. @uyendoe has what you need to know.
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Bitcoin surged to $80,000 in its second-biggest weekly gain in five years, the Treasury puts Iran's crypto industry in its crosshairs, and a global crackdown targets crypto-fueled child sexual abuse networks. @uyendoe has what you need to know.
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Strategy builds a $6.69 billion cash war chest, Solana validators vote on proposals that could increase daily burns, and Gemini takes its crypto prediction markets to brokerage firms. @uyendoe has what you need to know.
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Anthropic overtakes OpenAI in revenue for the first time, TikTok explores peer-to-peer payments through direct messages, and the SEC unveils its first major crypto rule. @JennSanasie has what you need to know.
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The U.S.-Iran ceasefire expires with shipping through the Strait of Hormuz nearly frozen, Goldman Sachs sees a September Fed rate hike as "very unlikely," and President Trump is set to meet with top crypto CEOs at the White House. @uyendoe has what you need to know.
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Bitcoin miner Riot Platforms signs a $9.1 billion AI infrastructure deal, Lido begins a major Ethereum validator overhaul, and the SEC prepares to unveil its first formal crypto rule proposal. @uyendoe has what you need to know.
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The Senate takes its first procedural steps on the CLARITY Act but misses a vote before recess, Bitcoin's BIP-110 breakaway chain stalls after just two blocks, and Coins․ph covers more than $8 million stolen in a coordinated attack. @SamEwen has what you need to know.
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The CLARITY Act heads into the Senate recess without a vote, a weak July jobs report shifts Fed expectations, and 210,000 bitcoin moves out of long-term holder wallets following the Coldcard breach. @JennSanasie has what you need to know.
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AI storage stocks tumble despite record earnings, CASHCAT jumps 200% as Robinhood Chain's breakout memecoin, and JPMorgan warns new U.S.-regulated perpetual futures could challenge Hyperliquid's momentum. @JennSanasie has what you need to know.
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SpaceX shares slide after the company's first earnings as a public company, Ethereum developers propose cutting new ETH issuance to zero, and Samsung expands stablecoin support to hundreds of millions of smartphones. @JennSanasie has what you need to know.
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Coldcard developers urge users to move their bitcoin immediately as losses from an ongoing exploit approach $114 million, Hashdex is liquidating its spot bitcoin ETF, and BlackRock expands its tokenized money market funds across Europe. @SamEwen has what you need to know.
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BNY brings an $8.6 trillion fund servicing business onto the blockchain, Russia charges Telegram founder Pavel Durov with aiding terrorism, and Citadel bets the Fed could surprise markets with a rate hike. @jennsanasie has what you need to know.
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The Senate delays consideration of the CLARITY Act until at least next week, a lawsuit claims a fake Bitcoin wallet app on Apple's App Store stole $1.84 million from users, and a federal judge blocks Minnesota's ban on prediction markets. @Uyendoe has what you need to know.
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Senate leadership says the CLARITY Act is likely to miss its August 7th deadline, BitMEX announces it is shutting down after 11 years, and Ripple expands its push for RLUSD with new institutional infrastructure. @samewen has what you need to know.
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An AI-driven sell-off drags bitcoin below $63,000, Citadel Securities makes a $400 million investment in Crypto.com, and Visa expands its stablecoin ambitions with support for Open USD. @SamEwen has what you need to know.
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