Category: crypto

Japanese lender CRYL offers Bitcoin-backed loans ranging from $6,200 to $6.2 million for individuals and businesses in Japan. Borrowers pay annual rates between 3.5% and 7%, with collateral ratios from 40% to 60%. The service allows access to yen without selling Bitcoin, expanding the country’s Bitcoin credit market.

Major Wall Street banks are tightening employee rules for prediction markets due to concerns about the use of confidential information on platforms such as Polymarket and Kalshi. Restrictions from banks like Goldman Sachs aim to prevent insider trading and conflicts of interest, following federal cases and congressional probes. Platforms are also enhancing surveillance to detect…

Ledger’s Donjon security team revealed a hardware attack that can reset the password on a Tangem wallet card. The attack involves a laser pulse against the secure element firmware, requiring physical possession, specialized skills, and expensive equipment. Tangem downplayed the risk to users due to the conditions needed for the attack.

The Federal Reserve has appointed Marc Andreessen to co-lead a task force studying AI, productivity, and employment. The panel includes Stanford economist Charles Jones and Microsoft executive Asha Sharma. The review aims to assess the impact of AI on economic output and jobs, with findings provided to the Federal Open Market Committee.

Lawmakers are calling for an investigation into President Trump’s cryptocurrency holdings before advancing the CLARITY Act. Democrats are concerned about potential conflicts of interest due to Trump’s reported $1.4 billion in crypto income. There are ongoing debates over ethics provisions, DeFi rules, developer protections, and regulator appointments in the legislation.

Bitcoin has rebounded above $64,000 as Standard Chartered reaffirmed its $100,000 year-end 2026 price target. The recent market pullback was due to Strategy-related concerns, not Bitcoin fundamentals. Wells Fargo increased its Strategy stake while adjusting its crypto holdings. Standard Chartered believes clearer communication from Strategy could reduce concerns over future Bitcoin sales.

President Trump has refused to sign the 21st Century ROAD to Housing Act due to the Senate’s failure to pass the Save America Act. Despite this, the housing bill is expected to become law as Trump has not vetoed it. The bill includes a provision blocking a U.S. central bank digital currency until 2031.

Bitcoin surpassed $64,000 as President Trump confirmed the U.S. will continue talks with Iran after Tehran’s request. Polymarket gives a 38% chance of a U.S.-Iran nuclear deal by year-end. Market sentiment improved with diplomatic engagement. Bitcoin’s recovery from recent volatility is tied to geopolitical developments. Energy markets are also uncertain due to Iran’s actions in…

OpenAI and Google reportedly provided AI technology to Chinese companies on the Pentagon’s military-linked blacklist, raising concerns about U.S. controls over advanced AI exports. The cloud-based nature of AI makes it difficult to control distribution, and regulatory pressure may increase if frontier AI models continue to reach blacklisted entities. Investors and AI developers could be…

South Korea’s Gyeonggi Province will launch the country’s first government-backed blockchain stablecoin pilot in August. The pilot, led by ZKrypto, will test issuance, settlement, privacy, fraud prevention, and proof-of-reserves until February 2027. Private companies like Toss and KT are also investing in infrastructure for won-based stablecoins.