Senator Seeks Trump Crypto Ban as 63% Call His Profits Inappropriate
U.S. Senator Kirsten Gillibrand is demanding an enforceable ban on presidential crypto profits in market structure legislation. Her renewed push...
Month: August 2026
Paul Sztorc’s Bitcoin Fork ECX Rips Past 25,000 Blocks in Just 13 Hours
Since Paul Sztorc’s ECX hard fork kicked off, more than 25,092 blocks have been mined during the Alpha phase, and...
Digital Gold Stirs at Last – Week in Review
This week, bitcoin awoke from its slumber, springing out of bed. Going in, bitcoin volatility was as compressed as it...
Fraudsters Steal $5,900 From North Carolina Woman in Bank Impersonation Scam
A North Carolina woman lost nearly $6,000 after scammers allegedly impersonated her credit union and convinced her to hand over...
Fed study finds crypto investors driven by beliefs, easily swayed by returns
A Federal Reserve Bank of Cleveland study finds crypto investors hold sharply different views on returns and risk, while information...
Bank of America and Ernst & Young To Hand Out $2,500,000 To Settle Accusations of Failing To Protect Customers From MOVEit Data Breach
Ernst & Young and Bank of America have agreed to pay $2.5 million to settle a class-action lawsuit stemming from...
As foreign investors dump $29 billion in Treasury bills, Washington pivots to stablecoin issuers to back US debt
Foreign investors sent a net $133.5 billion into US financial markets in June. During the same month, they sold $29...
Ripple relies on locked XRP reserves to back a $275 million institutional credit line
Ripple Prime closed an upsized $275 million private placement of senior unsecured notes, giving the non-bank prime broker a new...
America is creating a new class of crypto banks – but they aren’t really banks
Circle now has a federal bank charter. However, the charter provides no ordinary checking accounts, FDIC-insured savings accounts, or mortgages....
Local’s access to global crypto platforms could end under Nigeria’s proposed capital floor
Nigeria’s Securities and Exchange Commission has proposed rules that would bring crypto businesses into its licensing perimeter when they operate...
Stablecoin Depegs Explained: What Really Happens When a Digital Dollar Breaks the Buck
Stablecoins promise a constant $1, yet USDC has traded at $0.87, Tether’s USDT at $0.88, and Terra’s UST collapsed to...
Sandbox Bridge Hack Mints 14.9B SAND While Coinbase Delists Futures
Metaverse platform The Sandbox confirmed recently that an exploited bridge let an attacker mint unbacked SAND on Base and BNB...
EU Carbon Taxes Push Bitcoin Mining to Russia, Study Claims
The study, published by three Vietnamese investigators, found a positive relation between the EU’s carbon emissions pricing and a so-called...
Bitcoin Miners Get a Lifeline as Hashprice Explodes 20% Higher
Over the last four days, Bitcoin’s hashprice has climbed 20.41%, punching into territory not seen since May. Bitcoin miners are...
Scammers Drain $56,000 From Massachusetts Woman After Masquerading as Bank Employees
A Massachusetts woman lost $56,000 after scammers allegedly posed as employees of her bank and convinced her to transfer her...
