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    Hackers behind Revolut breach demand $3 million in Monero and threaten to sell data

    Hackers behind a Revolut data breach are demanding $3 million in Monero and threatening to sell the stolen customer data if the ransom isn’t paid within 24 hours. The breach affected roughly 680 accounts and exposed identity documents and transaction histories.

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    New Clarity Act text tweaks DeFi, credit union provisions, but road ahead for bill remains murky

    The Clarity Act needs 60 votes when the Senate returns from its recess next week. Republicans circulated a fresh draft on Thursday ahead of the vote.

    Robinhood (HOOD) plans voting rights and share redemption for stock tokens after criticism

    CEO Vlad Tenev said more shareholder features are coming as Robinhood’s offshore stock tokens draw scrutiny over ownership rights.

    XRP Ledger just one validator vote from launching next major payments upgrade

    The XRP Ledger is just one validator vote away from launching Batch V1.1, a major upgrade that would let users bundle up to eight linked transactions into a single atomic operation, reducing settlement risk and streamlining global payments.

    Zcash community overwhelmingly supports faster transactions and Bitcoin-style halvings

    Nearly 2.4 million ZEC holders overwhelmingly backed faster block times and the continuation of Bitcoin-style halvings in a governance vote that drew nearly two-thirds of eligible token holders, marking a significant shift toward greater privacy-enhanced decision-making.

    Crypto

    XRP Plunges 10% After Clarity Act Stalls in Senate, Bitcoin Nears $76K

    XRP led a broad crypto selloff, dropping nearly 10% after the Senate failed to advance the Clarity Act, while bitcoin slipped toward $76,000 and crypto stocks suffered even steeper losses.

    Zcash community overwhelmingly supports faster transactions and Bitcoin-style halvings

    Nearly 2.4 million ZEC holders overwhelmingly backed faster block times and the continuation of Bitcoin-style halvings in a governance vote that drew nearly two-thirds of eligible token holders, marking a significant shift toward greater privacy-enhanced decision-making.

    Why Clarity Act failed: There were many conductors in the derailment of the crypto industry’s historic bill

    Last minute, behind-the-scenes disputes locked in a dismal showing for the market structure legislation the industry pinned its greatest hopes on.

    August Core CPI Exceeds Expectations with 0.3% Increase, Prompting Potential Fed Rate Hike

    August core CPI rose 0.3%—exceeding expectations of 0.2%—potentially prompting a Federal Reserve rate hike at next week's policy meeting. The data follows Fed Chair Kevin Warsh's warnings about persistent inflation pressures.

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    Hackers behind Revolut breach demand $3 million in Monero and threaten to sell data

    Hackers behind a Revolut data breach are demanding $3 million in Monero and threatening to sell the stolen customer data if the ransom isn’t paid within 24 hours. The breach affected roughly 680 accounts and exposed identity documents and transaction histories.

    Newsfeed

    Bitcoin below $77,000, Zcash leads losses as traders bet on a Fed rate hike

    Ninety-five of the CoinDesk 100 fell over the past 24 hours, and bitcoin has shed more than 5% on the week.

    DOGE news: Dogecoin ETFs took 10 months to attract what XRP pulled in one day

    Bitwise's BWOW dogecoin ETF will close after 10 months, adding to weak demand across DOGE funds and raising a harder question for altcoin ETFs: What problem are they actually solving?

    Ethereum, Base abandon common wallet standard talks after months of discussions

    Ethereum is moving ahead with EIP-8141 while Coinbase-backed Base backs EIP-8130, leaving wallets and apps that span both networks facing different transaction systems.

    Robinhood (HOOD) plans voting rights and share redemption for stock tokens after criticism

    CEO Vlad Tenev said more shareholder features are coming as Robinhood’s offshore stock tokens draw scrutiny over ownership rights.

    Hamas Urges Donors to Bypass Binance, Recommends Rival Exchanges Like Bybit and OKX

    Hamas’ military wing has advised donors to avoid using Binance for funding and instead opt for alternative platforms such as Bybit, OKX, Kast, and Redotpay, as revealed in recently unsealed U.S. Department of Justice documents.

    Europe’s top regulator questions Polymarket and Kalshi’s EU access, warns of authorization gaps

    ESMA said that event contracts may fall under existing EU binary-options bans, crypto-asset frameworks like MiCA or national gambling laws.

    Economist Says Fed Rate Hike Is Driven by Wall Street, Not Inflation

    Goldman Sachs reversed course and now expects a 25-basis-point Fed increase, while strategist James Thorne argues the move is designed to reassure Wall Street. Diane Swonk contends inflation is strengthening and forecasts three rate hikes by early 2027.

    Two Robinhood Engineers Charged Over Alleged Hyperliquid Insider Trading Ahead of Token Listings

    Two Robinhood engineers face criminal charges for allegedly using confidential token listing information to front-run trades on Hyperliquid's perpetual futures platform, potentially earning over $50,000 each between 2025 and 2026.

    Kalshi Seeks Approval for 24/7 Stock Perpetual Futures as Regulatory Jurisdiction Debated

    Kalshi plans to seek regulatory approval for roughly 60 perpetual futures tied to stocks like Tesla and Nvidia, sparking a debate over whether the SEC or CFTC should oversee these 24/7 contracts.

    Robinhood (HOOD) CEO says companies shouldn’t get veto over stock tokens in AMC feud

    In a post on Friday, Vlad Tenev said securities issuers should control shareholder rights, but not separate products that track their publicly traded shares.

    House committee unveils crypto tax bill ahead of this week’s hearing

    The House Ways and Means Committee released a 114-page crypto tax bill ahead of a Wednesday markup, with provisions covering small transactions, staking, mining, and broker requirements. The proposal could begin a longer legislative effort, though it is unlikely to become law this year.

    TikTok parent ByteDance secures $29.6 billion loan as it focuses on AI related development

    ByteDance was reportedly considering spending $70 billion on AI data centers and infrastructure. The news comes as U.S. AI giants call for slowing the AI race.