The U.K. government plans to give the Bank of England a new secondary objective to support innovation in payments, including stablecoins and other forms of digital settlement. Financial stability will remain the central bank’s primary mandate. Lucy Rigby Backs New Bank of England Mandate for Digital Finance The U.K. is moving to give the Bank …
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ACT, a party with the fourth-largest representation in the New Zealand Parliament, is campaigning to modernize digital finance rules, proposing regulation to waive crypto gains tax on qualified assets held for over a year and to exempt low-value purchases made with crypto assets. ACT Proposes New Rule For Digital Assets In Campaign Reform Pledge Cryptocurrency …
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During the “Accelerating Bitcoin” conference, experts debated how current bitcoin mining operations would affect the Paraguayan grid, warning of a possible generation crisis by 2029 if bitcoin mining energy consumption grows moderately, as it currently accounts for 30% of the country’s energy production. Paraguayan Grid Could Face Crisis By 2029 Due To Bitcoin Mining Operations …
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Bitcoin has confirmed a quantum-resistant transaction on mainnet using its existing consensus rules, showing that some holders could migrate funds away from future quantum risk without waiting for a protocol upgrade. The Aug. 26 transaction used a construction developed by StarkWare researcher Avihu Levy that shifts the critical spending condition away from elliptic-curve signatures and …
A New York Federal Reserve study found that dollar stablecoins are more likely to flow into wallets tied to countries experiencing currency or banking crises. Wallets linked to countries experiencing some form of financial crisis were 1.8% more likely to receive dollar stablecoins during the week a crisis began, researchers Pablo Azar, Maryam Farboodi and …
BlackRock cut the minimum for converting privately held Bitcoin into IBIT shares from $25 million to $1 million, while Bitwise lowered its floor from $100 million to $3 million. While this might sound like a niche development for a small number of institutional users, it signals that custody is no longer just a slogan for …
Gold and Bitcoin exchange-traded funds (ETFs) drew roughly $7 billion over five US trading sessions, a record combined haul that puts both assets at the center of a renewed investor push for protection against currency weakness and mounting fiscal pressure. About $3.4 billion of this capital went into SPDR Gold Shares (GLD) while BlackRock’s iShares …
US Solana exchange-traded funds (ETFs) attracted about $9.1 million in net inflows on Aug. 26, led by Morgan Stanley’s MSOL. SoSoValue data showed MSOL drew roughly $5.5 million, accounting for about 60% of Wednesday’s total. Bitwise’s BSOL added $2.6 million, while VanEck’s VSOL took in about $1 million. The latest intake extended a strong run …
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Bitcoin’s late-August recovery has unfolded in stages. Days prior to the Aug. 19 pump, VanEck’s capitulation dashboard showed broad market stress with eight of its 12 signals active, and the first move higher was consistent with a sharp reset in bearish positioning. The case for a more durable turn strengthened later as ETF creations and …
Polymarket’s US-serving platform withdrew both of its NFL player participation filings on Aug. 26, one day after certifying them with the CFTC and one day before the listing date it had given the agency. On the same day, the exchange certified bitcoin, ether, and solana price contracts. Both sets were filed as swaps in the …
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Trump Media has abandoned plans to build a prediction market directly into Truth Social, opting instead to market Crypto.com’s existing prediction products to its users. Trump Media Scraps Original Prediction Market Idea for New Partnership with Crypto.com The shift effectively kills the original version of Truth Predict before launch and offers a revealing look at …
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There’s been a great deal of institutional interest in crypto assets over the last two years, and on Thursday, the $13 trillion asset manager Charles Schwab announced that it is expanding its digital asset listings beyond bitcoin and ethereum. According to the announcement, solana (SOL), avalanche (AVAX), and chainlink (LINK) accessibility will be added to …
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Attackers extracted roughly $8.7 million from Moonwell after artificially inflating the price oracle of the low-liquidity MAMO token, then using it as collateral to borrow higher-value assets before converting them to DAI. Automated Safeguards Protect User Funds Decentralized lending protocol Moonwell has restricted borrowing across all Core Markets on the Base network as it investigates …
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The transaction used the Marshall Islands-issued USDM1 bond as collateral and completed the full repo cycle on the Canton Network in under 10 minutes. Virtu Financial, M1X Global and Tradeweb completed an onchain repo transaction using a sovereign digital bond as collateral, with the full transaction settling on the Canton Network. The transaction used USDM1, …
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Bitcoin and crypto joined US stock markets in fresh gains after Nvidia Q2 earnings beat expectations by around $4 billion. Bitcoin (BTC) rebounded toward $81,000 around Thursday’s Wall Street open as Nvidia earnings boosted US stocks. Key points: Read more Go to Source
