adminEveryone has the perps convergence backwards
In recent developments, crypto is said to be growing up to look like Wall Street. The evidence in its biggest market points the other way, argues Bitget CEO Gracy Chen.…
$11 Billion in Crypto Losses Adds Pressure on CLARITY Act
In recent developments, new York Attorney General Letitia James urged Congress to strengthen cryptocurrency regulation as the FBI reported more than $11 billion in crypto-related losses. Her Senate testimony argued…
Solana Foundation’s new CISO warns AI is making crypto scams more convincing
In recent developments, michael Coates, the foundation’s new CISO, said that AI vulnerabilities and fake identities will drive the next wave of blockchain security concerns. Looking closer, market participants highlight…
SEC to review Nasdaq bitcoin options approval after CME challenge
In recent developments, cME argues that because bitcoin is a commodity, options tied to its value fall under CFTC jurisdiction, not the SEC’s authority. Looking closer, market participants highlight key…
Bitcoin mining difficulty shrinks 14% from this year’s high as plunging reven…
In recent developments, difficulty falls as weak mining economics reduce capacity, while forward markets signal little relief through year-end. The development has drawn attention from traders and analysts who are…
Bank of Italy research suggests stablecoins aren’t necessarily cheaper for re…
In recent developments, a mystery-shopping experiment found that exchange fees, foreign exchange spreads and banking rails mean stablecoin remittances are often no cheaper than traditional transfer means. Looking closer, market…
IRS Warns Fake Crypto Letters Target Wallets and Personal Data
In recent developments, fraudsters are mailing counterfeit IRS notices that direct cryptocurrency holders toward a fabricated compliance portal designed to capture sensitive financial information. The campaign targets wallet access, exchange…
Tokenized stock trading surged 288% in July, but one QQQ token drove most of it
In recent developments, without that QQQ token, QQQB, July volume for tokenized equities would be roughly $2.03 billion, about 30% below June’s total. Looking closer, market participants highlight key drivers…
Bitcoin cold-wallet attack spreads to 4,500 addresses as losses near $89 million
In recent developments, galaxy Research flagged a third wave of sweeps tied to weak Coldcard-generated keys, with the attacker now targeting smaller balances and changing how funds are collected onchain.…
Strategy holds STRC dividend at 12%
In recent developments, customarily, Michael Saylor and team have lifted the STRC dividend when it trades sizably below par, but not this month. Looking closer, market participants highlight key drivers…