The non-custodial Bitcoin exchange petitioned to annul a French decree implementing DAC8, arguing the rules could create surveillance and physical risks for up to 135 million European crypto holders. Bitcoin exchange Bull Bitcoin said Wednesday that it had petitioned France’s Council of State (Conseil d’État) to strike down a French decree implementing the European Union’s...Continue Reading

Analysis flagged a Bitcoin moving average derivative that last triggered at the end of the 2022 bear market as BTC price action returned to its reversal zone. Bitcoin (BTC) is seeing a “textbook” bear-market bottom as speculators take profits on the trip toward $65,000. Key points: Read moreContinue Reading

Toss has reportedly partnered with Optimism and Sunnyside Labs for a proof of concept on the feasibility of a Korean won-based stablecoin for payments. Viva Republica, the operator of South Korea-based mobile money transfer app Toss, reportedly signed a memorandum of understanding with blockchain company Optimism to test a Korean won-based stablecoin infrastructure for institutional...Continue Reading

Bitcoin-focused macroeconomist Lyn Alden said BTC must stand on its own as Strategy sold 3,588 BTC, while warning about leverage risks tied to STRC. Bitcoin is facing its weakest sentiment cycle yet, according to Lyn Alden, a Bitcoin-focused macroeconomist who said the asset must stand on its own as Strategy disclosed a $216 million Bitcoin...Continue Reading

Kalshi appealed to the Second Circuit after a New York federal judge denied its request to block state gambling officials from enforcing local laws against its sports event contracts. Kalshi is appealing a New York federal judge’s rejection of its bid to block state gambling officials from enforcing local laws against the prediction market platform’s...Continue Reading

Berachain launched the first stage of its PoL Next upgrade, which will phase out the BGT token and shift the network’s reward system to WBERA. Berachain is preparing a hard fork that will replace its dual-token incentive model with one centered on its main BERA token. Set for Wednesday at 4 pm UTC, the hard...Continue Reading

The EU securities regulator will assess custody providers’ key management, incident response and reliance on third-party technology providers. The European Securities and Markets Authority (ESMA), a key EU regulator supporting the implementation of the Markets in Crypto-Assets (MiCA) framework, is launching a dedicated process for reviewing crypto custody providers. ESMA plans to conduct a common...Continue Reading

Base is scheduled to activate its B20 token standard on Wednesday at 6 pm UTC, allowing developers to begin creating native tokens on the network. Coinbase-backed Ethereum layer-2 network Base is set to activate its B20 token standard on mainnet, introducing a native framework for stablecoins, tokenized real-world assets (RWAs) and other fungible tokens.  According...Continue Reading

So-called “chat control” rules could be revived in the EU, with lawmakers again set to vote on the legislation Thursday. EU lawmakers are set to vote again on controversial legislation dubbed “chat control” by its critics, which would allow tech firms to scan messages for child sexual abuse material. On Tuesday, the European Parliament voted...Continue Reading

StarkWare CEO Eli Ben-Sasson argued that Bitcoin private keys get lost over time, meaning the amount of usable Bitcoin will diminish. Many disagree. The debate over whether Bitcoin’s fixed supply cap should be lifted has resurfaced after StarkWare CEO Eli Ben-Sasson suggested Tuesday that it should replaced with a 4% annual issuance rate. In a...Continue Reading