The bill adds to a wave of recent legislative and state-level actions targeting prediction markets as scrutiny over sports betting, war contracts and alleged insider trading builds. US lawmakers have introduced a bill aiming to ban members of the US Congress, the president and other high-ranking government officials from wagering on prediction markets. The proposed...Continue Reading

Crypto entrepreneur Nic Carter claims that Bitcoin developers still have their “head in the sand” when it comes to making Bitcoin quantum-resistant, compared to Ethereum. Crypto entrepreneur Nic Carter has urged Bitcoin developers to catch up on quantum resistance or risk losing out to Ethereum, which already has a post-quantum roadmap.  Elliptic curve cryptography (ECC)...Continue Reading

Swan Bitcoin claims that Howard Lutnick likely knew about its failed Tether mining venture, after which employees allegedly stole documents, resigned and launched a rival firm. Bitcoin financial services firm Swan Bitcoin has filed an ex parte application in moves to subpoena Cantor Fitzgerald and its former CEO, Howard Lutnick, seeking discovery tied to a...Continue Reading

Tokenized finance and related infrastructure upgrades will be “revolutionary,” said Reserve Bank of Australia Assistant Governor Brad Jones. The Reserve Bank of Australia is putting its support behind the real-world asset tokenization sector, citing recent analysis that it could contribute 24 billion Australian dollars ($16.7 billion) to the economy per year.   Australia’s central bank assistant...Continue Reading

Former MoneyGram veteran Alex Holmes is now leading Bitcoin Depot, as crypto ATM operators face mounting legal scrutiny in multiple US states. Bitcoin Depot has named the former CEO of payments giant MoneyGram as its new boss amid mounting regulatory pressure from US states over crypto ATM’s use in scams and money laundering.  The company...Continue Reading

Pharos developer Michael Lewellen said his lawyers are exploring all options for a path forward after a Texas judge dismissed the case without prejudice. A Texas court has dismissed a lawsuit filed by crypto developer Michael Lewellen, seeking a declaratory judgment that his software, Pharos, which facilitates donations to charitable crowdfunding campaigns, won’t be prosecuted...Continue Reading

Google has urged others to accelerate post-quantum efforts as it continues to develop Willow, one of the most powerful superconducting quantum processors today. Google has set a 2029 deadline for its post-quantum cryptography (PQC) migration, warning that “quantum frontiers” could be closer than they appear. On Wednesday, Google said rapid progress in quantum computing hardware...Continue Reading

Bitcoin bulls face an uphill battle to turn the March options expiry in their favor, requiring a 6% price rally to $75,000 before Friday. Key takeaways: Over 90% of Bitcoin call options may expire worthless if the price fails to break above $71,000 by Friday. Traders fear rising inflation and worsening credit conditions as the...Continue Reading

The stablecoin issuer was accused of freezing 16 hot wallets linked to operating businesses, including crypto exchanges and online casinos. Stablecoin issuer Circle, the company behind the USDC (USDC) dollar-pegged token, wrongfully froze 16 wallets in connection with an ongoing civil legal case in the United States, according to onchain investigator and security researcher ZachXBT....Continue Reading

The number of Ether staked continues to rise while ETH outflows from exchanges are increasing. Will the phenomenon have a positive or negative impact on ETH price? Ether’s (ETH) liquid supply on the Ethereum network continues to tighten, with exchange netflows, rising staking participation, and declining exchange reserves all pointing to a shrinking pool of...Continue Reading