A bipartisan group of state attorneys general is urging the Senate to revise the Digital Asset Market Clarity Act, warning that federal preemption clauses could limit their ability to combat crypto-related fraud and online scams.
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.
Hunter Biden is defending his new LAPTOP memecoin as it launches Wednesday, saying it is meant to reclaim a controversy that has been used against him for years. The project plans to airdrop tokens to wallets that lost money on Donald Trump’s TRUMP token while critics and blockchain officials have distanced themselves from the effort.
The U.S. Treasury Department imposed sanctions on Xinbi Guarantee, a Chinese-language marketplace accused of facilitating crypto-infused scams and money laundering for criminal networks, marking another escalation in efforts to disrupt transnational fraud operations.
A Transaction v1 feature activates Wednesday, allowing complex proofs and large multisig operations to fit in one transaction while forcing services that read Solana to update.
A bipartisan group of state attorneys general is urging the Senate to revise the Digital Asset Market Clarity Act, warning that federal preemption clauses could limit their ability to combat crypto-related fraud and online scams.
India’s Demat 2.0 pilot is issuing corporate bonds as blockchain tokens and settling them in the RBI’s wholesale digital rupee. The program has already supported ₹1,025 crore in issuance and may later expand to secondary trading and retail investors.
A fake government email tricked digital bank Decryptnews into exposing customer data, including passports, home addresses, and Bitcoin transaction histories, highlighting vulnerabilities in AI-assisted impersonation and authorization systems.
BIS chief Pablo Hernandez warns that debt‑driven AI spending could spark a systemic financial correction if returns disappoint, citing historical tech bubbles.
Bitcoin's recent golden cross suggests possible bullish momentum, though historical patterns indicate mixed results with only three of twelve previous occurrences sustaining gains beyond a year.
In a post on Friday, Vlad Tenev said securities issuers should control shareholder rights, but not separate products that track their publicly traded shares.
Prediction markets are assigning higher probabilities to the passage of the Clarity Act this year, but the bill still faces a challenging legislative path. While odds have surged on Kalshi and Polymarket, the Senate still needs a 60‑vote cloture and further approvals before the president can sign it.
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.