Market
Community Bankers Demand Total Ban on Stablecoin Rewards
Key TakeawaysCommunity banks revived stablecoin reward concerns, swaying two Republican senators to oppose CLARITY.ICBA warned stablecoins could trigger a $1.3T...
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Bitcoin ETFs Snap 9-Day Streak With $202M Exit as Ether Gains $102M
Key TakeawaysSosovalue data showed U.S. bitcoin ETFs shed $202 million on August 28, ending a nine-day, $3.04 billion streak.Ether ETFs...
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12 Years Later, Bitcoin Remembers the Man Who Got There First
Key TakeawaysCryptographer Hal Finney passed away on August 28, 2014, after a five-year battle with ALS.The 10 BTC Satoshi Nakamoto...
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TRUMP Up 20% as Public Citizen Puts Investor Losses at $4.7B
Key TakeawaysDonald Trump’s TRUMP memecoin surged over 20% to reach a $705 million market cap on Friday.Public Citizen reported that...
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NZ’s ACT Party Proposes Waiving Capital Gains Tax on Crypto
Key TakeawaysNew Zealand’s ACT party proposed tax-free crypto gains after a year to boost long-term retail investments.The proposal exempts small...
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Solana Proposals Could Cut Staking Yield to 2.25%, Emissions by $1.5B
Key TakeawaysSolana’s SIMD-550 would double disinflation to 30%, pushing staking yields toward 2.25% by year 3.21Shares says SIMD-550 and SIMD-553...
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FBI Seizes Chinese Hacking Platforms Used to Target US Agencies
Key TakeawaysThe FBI shut down two hacking tools called QScan and QTRouter.The tools targeted NASA, the Federal Reserve, and other...
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Blackrock Processes $5 Billion in Direct Bitcoin-to-ETF Conversions
Key TakeawaysBlackrock cut IBIT’s in-kind minimum from $25M to $1M, as direct BTC-to-ETF swaps expand.Grayscale’s in-kind BTC creations rose from...
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Treasury Targets Iran Crypto Sector and $100M Oil Payment Network
Key TakeawaysOFAC can sanction foreign parties operating in Iran’s crypto sector.A shadow fleet broker processed over $100 million in crypto...
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Grayscale’s Zcash ETF Begins Trading on NYSE Arca With Spot ZEC
Key TakeawaysGrayscale’s Zcash fund left over-the-counter trading for a stock exchange.ZEC gained 66.98% over one week, reaching $842.22 on Aug....
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