For the first time in seven years, the Irish government released an assessment related to digital assets, noting risks from money laundering, terrorism financing, sanctions violations and bribery. The government of Ireland is taking aim at digital assets used in money laundering and terrorism financing as moves to implement industry standards “relating to the acceptance...Continue Reading

The proposed system aims to connect traditional banking infrastructure with blockchain-based payment networks with banks retaining customer deposits. Custodia and Vantage Bank have proposed a token that automatically switches between a bank deposit and a stablecoin as it moves between participating banks and external users. According to a white paper shared with Cointelegraph on Thursday,...Continue Reading

The offering follows regulatory approval earlier this year and comes as prediction markets face legal challenges from regulators, exchanges and policymakers around the world. Canadian fintech Wealthsimple is launching a prediction markets app powered by Kalshi, giving that country’s retail investors access to thousands of event-based contracts following regulatory approval earlier this year. The standalone...Continue Reading

Hsiao-Wei Wang’s departure adds to a wave of Ethereum Foundation exits, fueling debate over governance, decentralization and the network’s future. The Ethereum Foundation has lost another high-ranking contributor, amid increasing scrutiny of the research organization as the network faces ongoing questions about talent retention and governance philosophy. In a post on X, co-executive director Hsiao-Wei...Continue Reading

Bitwise analysts say Bitcoin trades in a historical value zone, but hawkish Federal Reserve signals and a competition for liquidity could sideline buyers. Bitcoin’s (BTC) valuation metrics continue to highlight a deep discount even as markets brace for a potentially hawkish Federal Reserve under new chair Kevin Warsh. Analysis from Bitwise Investments said BTC remains...Continue Reading

The lawsuit targets the federal regulator and Chair Michael Selig, alleging that the Commodity Futures Trading Commissioin is treating cryptocurrency “futures” as “swaps,” posing risks to derivatives markets. The Chicago Mercantile Exchange (CME) Group said it was taking legal action against the US Commodity Futures Trading Commission (CFTC) over cryptocurrency perpetual futures. In a Thursday...Continue Reading

The deal is expected to add approximately $70 million in annual recurring revenue as the company scales its AI-focused operations. Canadian Bitcoin miner HIVE Digital Technologies said its AI subsidiary BUZZ HPC has signed a three-year GPU cloud contract worth approximately $220 million with Bell AI Fabric for AI startup Cohere, expanding the company’s push...Continue Reading

IREN leads public Bitcoin miners with a projected $21.1 billion AI infrastructure funding gap, underscoring the capital-intensive nature of converting mining sites into data centers. Public Bitcoin miners are increasingly being valued as AI infrastructure companies, but turning that narrative into reality could require roughly $50 billion in near-term capital, according to a new framework...Continue Reading

A viral 4chan Bitcoin prediction appears to have nailed past BTC prices, but edited targets and impossible supply claims weaken its $145,000 call. A viral social media post is reviving an alleged Bitcoin prediction that appears to have called several major BTC price levels from 2019 through 2024, with one final target remaining: $145,000 by...Continue Reading

ChatGPT could become crypto’s new onboarding gateway, making Bitcoin and wallets easier to use while creating new trust risks. The next crypto user may start outside exchanges For most of crypto’s history, new users followed a fairly standard path. They signed up on an exchange, completed identity checks, learned how wallets worked, bought their first...Continue Reading