Daily inflows slowed as Bitcoin pulled back from above $87,100, while Ether and XRP ETFs also attracted fresh capital during the week. US spot Bitcoin exchange-traded funds (ETFs) recorded their strongest week of inflows this year, drawing $2.39 billion after adding $134.5 million on Friday. The weekly total was the largest since the week ending...Continue Reading
Crypto market making is effectively restricted under South Korea’s manipulation rules, but regulators are reconsidering the approach after a JPYC spiked on Upbit this month. South Korea’s Financial Services Commission said it is considering a market-making system for digital assets, after a stablecoin linked to the value of the Japanese yen traded for as much...Continue Reading
Ethereum’s Vitalik Buterin said PeerDAS marked the start of Ethereum’s transition “from being just a blockchain to being something much more powerful.” Ethereum co-founder Vitalik Buterin said Ethereum’s Hegotá upgrade could be the network’s last “normal” fork before development shifts toward technologies that include recursive STARKs, automated formal verification, optimized consensus and quantum-safe cryptography. On...Continue Reading
The law also restricts crypto companies from offering certain memecoins tied to public officials to California residents and takes effect for tokens issued from Jan. 1, 2027. California Governor Gavin Newsom signed legislation barring state and local public officials from issuing memecoins, as Newsom criticized US President Donald Trump’s crypto ventures. Newsom on Sunday signed...Continue Reading
The Zano blockchain has been restarted at the block height that came immediately before Hard Fork 6, which introduced Gateway Addresses. Zano has rolled back approximately a month of blockchain history after a vulnerability involving Gateway Addresses allowed unauthorized ZANO and Freedom Dollar to enter circulation, according to its core team. The Zano blockchain has...Continue Reading
THORChain refuses to blacklist addresses linked to the Bitget hack. Vitalik Buterin says Ethereum is evolving from being a mere blockchain, into a world cryptographic computer. Stop me if you’ve heard this before: A centralized exchange with lax security gets hacked by the North Koreans for $387.5 million, and then somehow shifts the blame game...Continue Reading
A rogue OpenAI research agent bypassed blocks on the Australian government health-data portal, accessing non-public files in June. The CEOs of OpenAI and Anthropic have reportedly been summoned to appear at an Australian Senate inquiry into AI, just days after news broke that a rogue OpenAI bot had hacked the country’s health data. The Australian...Continue Reading
The Bitcoin miner has continued to expand its data-center business as well. Bitcoin miner Riot Platforms this week repaid a $200 million credit facility from Coinbase Credit, releasing its collateral. The facility had been secured by a pledge of Riot’s financial assets, including Bitcoin, USDC and cash, which was held in the custody of Coinbase...Continue Reading
Our ambition should be to “enable 10 million new companies to raise capital,” Strategy’s executive chairman Michael Saylor wrote in an essay. Michael Saylor, co-founder of Strategy, said that an age of digital assets and intelligence needs a “bill of digital rights,” rather than restrictions. An age of AI can increase production, but it needs...Continue Reading
The 6th US Circuit Court of Appeals ruled against prediction market Kalshi, siding with Ohio and Tennessee on regulating sports-event contracts under state laws. Prediction market Kalshi lost on appeal when a court ruled that Ohio and Tennessee can regulate sports-event contracts under their state gambling laws. The 6th US Circuit Court of Appeals ruled...Continue Reading
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