Crypto
Bitcoin Tests 2022 Parallel as Fed Resumes Rate Hikes
The Federal Reserve delivered its first increase in over three years, lifting rates to 3.75%-4%. Bitcoin, down roughly 40% from its October high, mirrors its position before the 2022 tightening cycle began.
Ripple’s XRP Ledger AI Starter Kit Expands Crypto Payments for AI Agents
Ripple’s updated developer kit integrates XRP and its stablecoin RLUSD into Stripe’s and Tempo’s Machine Payments Protocol, enabling AI-driven services to process payments via the XRP Ledger.
Celsius Estate Sues BitMEX Over $490M in Alleged Wrongful Liquidations
The Celsius bankruptcy estate filed suit alleging BitMEX manipulated prices and used a controlled liquidation engine to seize over 6,360 BTC during the March 2020 crypto crash.
Zcash Surges 23% as Crypto Rebounds After Fed Rate Hike
Bitcoin above $76,000 and major tokens rally following the Federal Reserve's first interest-rate increase since 2023, while Paradigm's co-founder disclosed his firm holds ZEC.
Bitcoin Holds Near $76,600 as Fed Raises Rates, Eyeing Further Tightening
Bitcoin absorbed the Fed's 25-basis-point rate hike with little movement, but analysts warn resilience may be tested if officials follow through on expectations of additional increases.
Dollar Dominates Euro in Crypto by 300-to-1 Onchain Despite 3-to-1 Offchain Lead
Euro-pegged stablecoins account for less than 1% of total supply as MiCA regulation and new vault infrastructure begin shifting the gap.
U.S. Senate Rejects Clarity Act, Heightening Crypto Regulatory Uncertainty
The failed Senate vote on the Clarity Act leaves crypto firms reliant on evolving agency rules, raising concerns about long-term stability and shifting investment toward clearer jurisdictions like the EU.
U.S. Senate Rejects Crypto Clarity Act, Shifting Focus to Regulatory Oversight
The failed vote leaves the industry relying on SEC and CFTC rulemaking amid political gridlock ahead of midterm elections.
House panel advances bill to codify Trump’s Bitcoin reserve
The American Reserve Modernization Act passed the House Financial Services Committee 28-21, setting a 20-year holding rule for federal Bitcoin and mandating transparency reports.
PayPal expands stablecoin rails with custom token issuance platform
PayPal has launched a developer platform for issuing custom tokens, called PYUSDx, which is backed by its PYUSD stablecoin and developed with M0 and MoonPay.
Kalshi election data goes live on DoubleZero ahead of U.S. midterms
Kalshi's election data is now available on DoubleZero, giving institutional and automated traders access to full-depth political prediction-market order books before the U.S. midterms.
US Senate Fails to Advance Digital Asset Regulation Bill
The CLARITY Act stalled on a cloture vote, leaving federal cryptocurrency oversight unresolved ahead of the August recess and midterm elections.
Hunter Biden's LAPTOP token loses 98% after $1.6B debut
The LAPTOP token dropped from $190 to under $4 within minutes, erasing roughly 98% of its value after a $1.6 billion launch.
Germany proposes 25% crypto tax from 2028
Draft proposal would apply to crypto assets acquired after Jan. 1, 2027, with grandfathering protections for earlier purchases. Germany expects €2 billion in additional revenue from crypto taxation.
10 Unsolved Mysteries That Still Haunt Crypto
From Satoshi's identity to stolen billions, the crypto industry's murkiest enigmas remain unresolved years later.
Stablecoin Growth Could Reinforce Dollar Dominance, Boost Treasury Demand: BoE
A Bank of England official warned that the expanding market for dollar-pegged stablecoins could deepen global dollar reliance and tighten demand for US government debt.
BitMart Appoints Alvarez & Marsal Amid Roadmap Delay
Cryptocurrency exchange BitMart has appointed Alvarez & Marsal as its financial advisor, but has not yet published its restructuring and business resumption roadmap as promised.
Algorand names former Chainlink executive William Herkelrath as CEO
Algorand appointed William Herkelrath, a former Chainlink and Curv executive, as its new chief executive officer.
Jack Dorsey’s Block seeks US trust bank charter for Bitcoin, stablecoin
Block, the company founded by Jack Dorsey, is pursuing a US trust bank charter to enable custody services for Bitcoin and stablecoins.
Bitcoin slides to $75,560, September low as global bond yields hit multidecade highs
Bitcoin fell to $75,560, its lowest level this month, as US 10‑year Treasury yields rose above 5% and other major bond yields reached multidecade peaks. The dip came ahead of a Senate vote on the CLARITY Act.
Senate vote on Clarity Act risks failure as deadlock persists
Negotiations between Democrats and Republicans on the Digital Asset Market Clarity Act have stalled, raising doubts over its passage before Tuesday’s Senate vote.
Standard Chartered Sees Arbitrum ARB as Top Crypto Performer vs. BTC, ETH by 2030
Layer-2 network Arbitrum could generate $5M in revenue by September, benefiting from onchain asset adoption by traditional firms.
KYC data is an irresistible honeypot for hackers, and we must change how it is collected
KYC data attracts hackers, prompting calls to revamp collection methods, while privacy‑preserving verification could let users share only needed information.
MEV Bot Intercepts $7.7M in rsETH After Ethereum Wallet Exploit
An attacker’s attempt to extract $7.7 million in rsETH from an Ethereum Safe wallet was thwarted by an MEV bot, triggering a temporary pause on token transfers by the protocol.