“I don’t have any real policy ideas, but I hope there is enough momentum behind this,” Paul said via WhatsApp. “And I think that since this now falls under the remit of the UK Treasury, the Bank of England and the Financial Conduct Authority, it doesn’t require a lot of policy intervention moving forward. On […]
Cryptocurrency-friendly digital bank Revolut has been valued at $115 billion in a secondary stock sale, increasing the company’s valuation by 53% in less than a year. The company valued its shares at $2,017 each, according to an internal message from CEO Nik Storonsky reported by the Wall Street Journal. The transaction allows employees and other
Revolut hits $115 billion valuation through employee stock sale: WSJ Read More »
“Today’s bill is a significant step toward the Senate vote on the Clarity Act we’ve been calling for,” Digital Chamber CEO Cody Carbone said in a statement. “We are encouraged and we are ready to continue working until the bill reaches the president’s desk.” One thing that could come as a significant relief for the
The United States Securities and Exchange Commission (SEC) has signaled that one of the fast-growing sectors of decentralized finance could face more rigorous regulatory oversight. In a statement Wednesday, Commissioner Hester Peirce said crypto vaults and blockchain lending strategies may fall under federal securities laws depending on how they are structured and managed. Although many
SEC’s Pierce Warns Some DeFi Vaults, On-Chain Lending Could Fall Under Securities Laws Read More »
Cardano wallet SecondFi is on its way out after attackers exploited a flaw in its transaction signing software to steal 16.1 million ADA, worth around $2.4 million, from 374 wallets. The service, which replaced EMURGO’s Yoroi wallet, said it would not resume normal operations despite patching the vulnerability and that it had at the time
SecondFi to Shut Down After $2.4 Million ADA Wallet Theft Read More »
Federal prosecutors have filed five civil forfeiture complaints seeking more than $25 million in cryptocurrency that investigators say came from international scams and investment scams targeting people in the United States and Canada. The complaints, filed in the U.S. District Court for the District of Columbia, stem from separate Secret Service investigations. Agents traced the
US seeks forfeiture of $25 million in crypto linked to romance and investment scams Read More »
Hashi Testnet is live, bringing Bitcoin native finance closer to global adoption
Hashi Testnet is live, bringing Bitcoin native finance closer to global adoption Read More »
This change has already begun. Robinhood launched AI-powered investing tools in May that allow agents to trade stocks and make purchases for users. CEO Vlad Tenev said AI agents will eventually rival the capabilities of human traders, while OpenAI and Anthropic strive to build increasingly autonomous systems that can navigate software and complete complex tasks
The next big AI business could be crypto and blockchain Read More »
Prediction market platform Kalshi has rolled out its “Midterms Hub” in the United States with the aim of positioning itself as the leading reference for election probabilities in the United States. The new hub will allow users to observe the results expected by speculators in the U.S. Senate and House of Representatives as the country
Kalshi engages deeper with politics with interest in commodity contracts Read More »
The Midnight’s NIGHT token has seen a strong recovery after falling to an all-time low following a bridge exploit earlier this week, with Charles Hoskinson using the incident to make a broader case for rethinking crypto security from the ground up. NIGHT fell by around 43% after 290 million tokens were stolen and dumped via
Midnight’s NIGHT Token Rebounds 19% After Wanchain Bridge Hack Read More »
