Both parties say they want US crypto market structure legislation, but a dispute over ethics rules and who enforces them is becoming the bill’s biggest obstacle. The long-awaited US Digital Asset Market Clarity Act (CLARITY) has hit another snag. This time, it’s not software developers or the turf war between federal regulators at stake, but …
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The investment marks Empery’s latest push into AI infrastructure as the company shifts capital away from its Bitcoin treasury strategy. Empery Digital said it invested $20 million in Cardinal Data Power, acquiring an approximately 8% stake in the private developer of powered data center campuses. The investment was part of Cardinal Data Power’s approximately $70 …
Financial pressures hit residents harder in some states than others nationwide amid rising inflation, changing unemployment levels and other factors. Kansas ranks as the state with the highest levels of financial distress based on credit scores, distressed accounts, bankruptcy filings and search trends, reports WalletHub. The state posted a nearly 12% rise in non-business bankruptcies …
The share of Americans reporting that they are living paycheck to paycheck has sharply plunged over the last year. The figure now stands at 48% after a 21-point plunge from the record high of 69% the prior year, marking the lowest level in four years, according to Debt.com. The survey polled about 1,000 Americans and …
Crypto exchange Bitget said it was registered as a financial service provider with New Zealand’s financial regulator, enabling it to expand its services in the country. Cryptocurrency exchange Bitget said it is now registered as a financial services provider on New Zealand’s Financial Services Providers Register (FSPR). The registration enables the platform to offer services …
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Bernstein analysts remain bullish on the Bitcoin mining sector, as deals with third-party providers will be necessary to address the computing power limits of AI data centers. Bernstein said that it remains overweight on the Bitcoin mining sector, citing the growing partnerships between Bitcoin mining companies that are necessary to address the power constraints of …
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Kazakhstan plans to require miners to meet strict infrastructure standards and transfer part of their mined crypto assets to a state-backed reserve under new rules. Kazakhstan, one of the world’s largest Bitcoin mining hubs, approved a new framework for large-scale crypto mining that links access to electricity with contributions to a state-backed digital asset reserve. …
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HYPE briefly fell 8% from its local highs as Multicoin Capital, Selini Capital and Galaxy Digital queued nearly $150 million of the token for withdrawals. Key points: Hyperliquid’s HYPE token slid to around $58 on Wednesday in the face of large unstaking events initiated by crypto funds. Data obtained from hedge fund and analytics platform …
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A payment processing broker has been sentenced to three years in prison for helping sham merchants steal and attempt to steal $14 million from business bank accounts. The U.S. Department of Justice (DOJ) says Jeremy Todd Briley, 47, of Happy Valley, Oregon, worked as a broker who helped merchants find payment processors in the United …
A former Nebraska bank executive has been sentenced to three years in federal prison for his role in a $4.3 million bank fraud scheme tied to the construction of a car wash. The Department of Justice (DOJ) says Aaron Luneke, the former chief financial officer of Bank of the Valley, was sentenced on July 13th …
Grayscale’s head of research said that Bitcoin may have bottomed, arguing that macro factors, such as interest rate decisions as increasingly driving the price action of this maturing asset class. Crypto-focused asset manager Grayscale said that Bitcoin’s price may have bottomed earlier than the traditional four-year cycle, which would imply a cycle low in September …
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Crypto home invasions rose to 20 in H1 2026 from one a year earlier, while France accounted for 33 of 52 verified wrench attacks, according to CertiK. Home invasions became the most common form of crypto wrench attacks during the first half of 2026, rising to 20 publicly reported incidents from just one a year …
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BitMEX announced it will shut down operations on Sept. 23, 2026, after owner HDR Global Trading Limited decided to close the crypto exchange. BitMEX, one of the pioneers of cryptocurrency derivatives trading, announced it will shut down operations after owner and operator HDR Global Trading Limited decided to close the company following a strategic review. …
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Mirae Asset Consulting has become Korbit’s largest shareholder after completing its acquisition, with the exchange saying trading and customer asset protections are unchanged. Mirae Asset Consulting, an affiliate of one of South Korea’s largest financial groups, has completed its acquisition of a controlling stake in South Korean crypto exchange Korbit, becoming the exchange’s largest shareholder …
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Kakao Group and Circle signed an MOU to explore won stablecoin payments, remittances, merchant settlement and tokenized financial services. Kakao Group has partnered with stablecoin issuer Circle to explore payment infrastructure for won-backed stablecoins as South Korea prepares a broader regulatory framework for crypto assets. On Thursday, the companies announced that Kakao, Kakao Pay and …
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