“If Senate Democrats block this historic legislation after the administration went out of its way to address their concerns, stakeholders should make no mistake: It’s Democrats who are blocking this legislation because they were never serious about the legislative outcome,” the White House official said. Democratic negotiators such as Senators Kirsten Gillibrand, Ruben Gallego and […]
The controversy centered on Rentech, a little-known intermediary which appeared in contracts linked to the Chinese market maker Web3Port. According to documents obtained by CoinDesk, Movement leaders then questioned whether the foundation thought Rentech was affiliated with Web3Port when that was not the case. Rentech has denied any wrongdoing or misrepresentation. The fallout extended beyond
Movement Labs files for chapter 11 months after symbolic scandal and strategic overhaul Read More »
Galaxy Digital (GLXY) said it has created a $5 million fund for Bitcoin developers working to protect the network against the potential future threat posed by quantum computing. The crypto financial services company said it will immediately begin accepting applications for the Galaxy Bitcoin Quantum Readiness Initiative, with grants focused on developing quantum-resistant signature systems,
Crypto giant Galaxy creates $5 million fund to future-proof Bitcoin security Read More »
But the most important thing is simpler: it is towards AI that hot money and investor attention are now directed. The capital that once chased crypto is now chasing compute, chip, and model builders, and every advance in what these systems can do broadens that appeal. Each result, like Fable’s conclusion on the Jacobian conjecture,
Claude’s Fable 5 Just Solved an 87-Year-Old Math Problem, and It’s Important for Bitcoin Read More »
The Russian State Duma has passed a law establishing the country’s first comprehensive framework for regulating cryptocurrencies, with most of the new rules set to take effect on September 1. The law creates a legal framework for cryptocurrency exchanges, custodians and other providers of digital assets, while setting rules defining who can buy cryptocurrencies and
Russia adopts historic crypto rules to regulate commerce and target foreign trade Read More »
In an effort to modernize and better meet the needs of its customers, MoneyGram has partnered with the Stellar network, which has supported many of the company’s blockchain initiatives over the past five years. But the company has also started exploring other ecosystems: if Stellar remains a main partner, MoneyGram has also become a validator
MoneyGram CEO says blockchain works best when customers don’t know it exists Read More »
Traders at Polymarket have sharply increased the odds that the Clarity Act will become law this year after reports that President Trump agreed to the ethics provision that blocked the bill. The market’s assessment of whether the 2026 Crypto Market Structure Bill will be enacted reached around 43% in the forecast market on Monday, up
Tether-controlled Twenty One Capital (XXI) has named Raphael Zagury as CEO, replacing Jack Mallers, and excluded Strike from a proposed three-way merger, the companies said. Mallers resigned on July 20 to focus on Strike, the Bitcoin payments company he founded. Strike will remain independent and is no longer being considered for a business combination with
Twenty One Capital CEO resigns as Tether’s plan to merge three Bitcoin companies fails Read More »
“Large Bitcoin whales have strengthened their positions over the past two months, while mid-sized wallets have sold. This divergence in behavior could be a “constructive signal” for BTC in the medium term, according to CryptoQuant. [data]” said Alex Kuptsikevich, chief market analyst at FxPro, in an email. Blockchain analytics firm Glassnode noted that the market
The crypto market has rallied following reports suggesting the final hurdle to the long-awaited US Clarity Act may have been cleared. Crypto in America host Eleanor Terrett posted on X that President Donald Trump agreed to a crucial ethics provision for the crypto market structure bill. The specific language was shared with a group of
