Galaxy Digital slashed its passage odds to 10%. Polymarket fell from 82% to under 20%. The bill that was supposed to give the $2.28 trillion industry a permanent regulatory framework is running out of calendar, votes and political goodwill. Here is what went wrong and what replaces it if it fails.
Three hardware wallet and broker breaches in a single week exposed 253,487 customers. The common thread is not the companies themselves but the third party vendors they trusted with physical addresses, and a single Metabase zero day that connected two of the three incidents.
XRP slipped below $1 as large transactions rose 280% and Binance open interest increased, while bearish indicators limited its recovery.
South Korea has ordered access to Polymarket to be blocked after regulators found that the crypto-based prediction market provides an illegal gambling environment to domestic users. South Korea’s Broadcasting, Media and Communications Review Committee voted on Aug. 18 to issue…
The U.S. Justice Department has spent nearly a year investigating Andreessen Horowitz over whether partners at the venture capital firm are improperly serving on the boards of competing artificial intelligence companies. Bloomberg News reported on Aug. 17, citing people familiar…
The European Union has expanded its Russia crypto sanctions to 14 foreign service platforms while creating a country-level transaction ban that could cut EU operators off from crypto providers in jurisdictions accused of repeatedly enabling sanctions evasion. According to the…
Bitcoin rose 1.2% above $64,000 as VVV and HYPE outperformed, while Worldcoin and Filecoin led losses across a mixed crypto market.
Circle’s euro-backed stablecoin EURC has surpassed €400 million in circulation after its supply more than doubled over the past year as the token gained support across exchanges, payment providers and institutional platforms. Circle said in an Aug. 17 update that…
Hyperliquid Policy Center and Douro Labs backed repealing SEC Rule 611 while seeking clearer best execution rules for onchain markets.
The Ethereum Foundation has warned that wallets, indexers and gas estimators could break as Glamsterdam changes the 21,000-gas assumption for some ETH transfers, with the upgrade due to activate on the Platåberget testnet on Aug. 20. The Ethereum Foundation’s Protocol…
BitMine added 9,926 ETH, lifted holdings to 5.82 million and repurchased 1.7 million shares as BMNR stock gained 3.7%.
The CFTC plans to seek public input on AI compute futures as CME targets an Oct. 5 launch for two contracts based on GPU rental prices.
Binance reportedly plans to seek FCA authorization for a UK relaunch as Britain prepares to introduce its full crypto regime in October 2027.
Compound named a new leadership team and approved a milestone based $52 million program to build institutional lending and RWA products.
Edward Zimbardi faces 25 U.S. fraud and money laundering charges after Fiji deported him over an alleged $165 million crypto Ponzi scheme.
Neynar is seeking a new operator for Farcaster and Clanker less than seven months after acquiring the decentralized social protocol.
Jane Street reported over $1 billion in U.S. spot Bitcoin ETF shares, including roughly $828 million in BlackRock’s IBIT at June 30.
The Blockchain Association urged the SEC to repeal two Regulation NMS rules it says could obstruct tokenized securities markets.
Ripple partnered with Jeonbuk Bank to provide near real time cross border settlement for South Korean businesses using Ripple Payments.
Payward joined Anthropic’s Project Glasswing and plans to use Claude Mythos 5 to scan its environments for software vulnerabilities.