The crypto industry is rallying for a U.S. House bill to clarify tax treatment for mining and staking assets, pushing for a deferral option on income recognition.
CME Group has filed a lawsuit against the CFTC, claiming the agency wrongly approved Kalshi's perpetual futures contracts. The suit raises significant questions about the regulatory status of these products.
The recent plunge of STRC below $83 has sparked discussions regarding the factors influencing its par-value crisis. A combination of declining bitcoin prices and strategic financial decisions has left investors questioning STRC's recovery potential.
AI is revolutionizing crypto security by reducing costs and improving efficiency, prompting a reevaluation of due diligence standards in the industry. However, experts caution that while AI can enhance vulnerability detection, it cannot replace the need for human oversight.
Charles Schwab is set to launch a new yes-or-no options contract on the S&P 500 in collaboration with Cboe Global Markets, marking its entry into prediction markets. This innovative product will allow clients to wager on the index's performance with anticipated rollout in the coming months.
Bitcoin and major cryptocurrencies have faced declines for four consecutive days, with growing concerns over Strategy's STRC stock affecting market sentiment.
Franklin Templeton is set to launch new ETFs that will convert corporate dividends into bitcoin, marking an innovative approach to cryptocurrency investment. This move reflects growing institutional interest in blending traditional equities with digital assets.
GoMining has introduced a new payment system, GoBTC Pay, allowing merchants to accept bitcoin directly, challenging Jack Dorsey's Square, which typically converts BTC to fiat.
Microsoft has uncovered malware that compromises cryptocurrency wallets and spreads through USB drives, known as a 'crypto clipper.' This malicious software captures private keys and redirects transactions without user knowledge.
The digital credit market faced a significant selloff, with Strive CEO Matt Cole attributing the decline to forced leverage liquidations rather than weakening credit fundamentals.
Fidelity Investments is launching a new money market fund aimed at managing reserves for stablecoin issuers, following a similar initiative by State Street. This move highlights the increasing competition among traditional asset managers in the expanding stablecoin market.
Kentucky is challenging the Trump administration's stance on prediction markets by suing leading firms in the sector for operating without proper licenses. This legal battle highlights a conflict between state and federal regulatory views on sports betting.
The recent shutdown of Botanix has sparked critical reflections among Bitcoin developers regarding the demand for programmable BTC amidst a challenging market landscape.
Coinbase is adapting to the current crypto downturn by diversifying its offerings beyond trading fees, focusing on derivatives, stablecoins, and artificial intelligence to create a more robust financial platform.
BitGo's stock surged by up to 20% after announcing a $50 million share buyback, despite remaining over 65% below its IPO price. The firm aims to leverage upcoming European crypto regulations with its regulated infrastructure services.
Moody’s Ratings has announced the integration of its credit ratings onto the Solana blockchain, aimed at enhancing the adoption of tokenized assets among institutional investors.
This week's newsletter highlights the evolution of digital asset markets through trusted indexes and discusses the diminishing divide between traditional finance and crypto, featuring insights from industry experts.