Category: crypto

Trump has postponed signing a bipartisan housing bill that includes a provision prohibiting a Federal Reserve-issued CBDC until 2030. The legislation passed with strong bipartisan support, but Democrats criticized the delay. Senate negotiations continue on the CLARITY Act and other legislation, with the housing bill remaining in limbo.

The Ethereum Foundation’s push for a wider ecosystem has sparked debate on funding, accountability, and communication. Groups like Ethlabs, EthAppsGuild, and Argot have faced backlash over funding transparency. With weak ETH performance, questions arise about who is funding these groups and how budgets are managed in the Ethereum ecosystem.

Nakamoto Inc. has closed its legacy healthcare clinics tied to KindlyMD to focus on Bitcoin-focused operating businesses. After raising $540 million, the company now operates in media, asset management, financial services, and consulting. The closure marks a shift towards a Bitcoin business model, with a focus on treasury accumulation.

Hut 8 has agreed to pay $2.35 million to settle a securities class action related to its 2023 merger with U.S. Bitcoin Corp. The settlement denies liability for the merger-related investor litigation, which involved allegations of issues at USBTC’s King Mountain site. Hut 8’s shift towards AI and HPC is also highlighted.

Binance co-founder Yi He warned users about an alleged impersonator named “Zhu Pan” in Chinese-language posts. CoinUp denied operational ties to Zhu Pan, stating he was only linked to a listed project. The dispute raised questions about the individual’s involvement with the crypto derivatives trading platform. CPX volatility also drew scrutiny.

THORChain has resumed trading after being offline for over a month due to a $10.7 million exploit. The restart includes new vault checks, KeyVerify upgrades, and planned XMR swaps. The network faced backlash for not immediately replacing the GG20 flaw that led to the exploit. XMR and ZEC swaps are in the pipeline.

Wintermute noted that crypto markets absorbed a risk reset before U.S. equities could fully respond following the Federal Reserve’s decision to hold rates steady and the loss of momentum in U.S.-Iran talks. Bitcoin moved before Wall Street reopened, and traders grew more cautious on Bitcoin, Ethereum, and other liquid crypto assets. The Fed’s policy change…

Postquant Labs launched Quip Network, a protocol pooling quantum computing capacity to secure $20 billion in blockchain assets. The system integrates post-quantum wallet protections and a marketplace for unused quantum resources. The network aims to counteract security deficits before the 2027 quantum-resistant transition deadline. It utilizes a competitive proof-of-work mechanism and addresses systemic risks in…

The European Parliament’s Economic and Monetary Affairs Committee has approved the digital euro package, moving towards a potential 2029 launch of a central bank digital currency. The proposal includes offline payments, privacy protections, and limits on individual holdings. Lawmakers aim to preserve cash transactions and offer the digital euro as a complement to traditional currency.

Kalshi has added India to its list of restricted jurisdictions, preventing residents from accessing the platform. This move follows India’s advisory targeting prediction market websites and comes after authorities blocked access to Polymarket. Regulatory scrutiny on sports and political prediction contracts is increasing globally, with multiple countries and states moving against platforms like Kalshi and…