Crypto traders brace for Fed Chair Kevin Warsh’s Jackson Hole speech
One analyst expects Warsh to take a tough line on inflation, but still sees the Fed holding off on rate hikes until at least after the November midterm…
The Clarity Act will put Main Street banks at a disadvantage
The Blockchain Association’s Summer Mersinger dismisses the harm to community banks in defending the stablecoin rewards language in the Clarity Act, says…
AI bug reports trigger emergency warning for Bitcoin Lightning node operators
Developers are holding details for two weeks while fixes reach operators, in the second Lightning security emergency this month traced to AI work on Bitcoin…
Mirae Asset eyes $109 billion crypto empire after acquiring Digital X
Park Hyeonjoo, Mirae Asset Financial Group’s founder, outlined his ambitious stablecoin, RWAs, and STOs plan for Digital X, formerly known as Korbit, in an…
Bitcoin tests its largest supply wall at $80,000, near ETF holders’ average price
Bitcoin is testing its largest supply cluster alongside the key 50week moving average. Source:CoinDesk
Bitfinex Securities raises $50 million in push to offer tokenized nickel trading
Bitfinex Securities is preparing to list a new security linked to a Luxembourgbased industrial metals platform built around a $1.6 billion stockpile of…
Nvidia shares surge 8% on earnings beat, lifting technology stocks and bitcoin
Nvidia’s earnings beat and strong outlook lifted technology stocks, bitcoin and AI infrastructure companies. Source:CoinDesk
Britain plans new Bank of England objective for stablecoins
Financial stability would remain its primary duty, with annual reports to Parliament on the new objective being planned. Source:CoinDesk
Bitcoin researchers propose quantum fix that would not crowd out transactions
The SHRINCS proposal would let bitcoin transactions use larger, quantumresistant approvals while preserving more network capacity than existing postquantum…
Binance co-founders CZ and Yi He adopted Simpsons cartoon aliases ‘Homer’ and ‘Marge’ in company meetings
Yi, who is now the coCEO of Binance alongside its other chief Richard Teng, still uses the name Marge in meetings and chats. Source:CoinDesk
Bitcoin below $79,000, XRP leads losses as traders start betting on a Fed hike
Every major token except solana and BNB is flat or lower over 24 hours, with bitcoin holding a 14% weekly gain and XRP 28%. Source:CoinDesk
SEC resurrecting U.S. crypto custody rule the previous administration failed to land
In 2023, the regulator tried to narrowly restrict the places investment advisers could park clients' crypto assets, but the new approach is still shrouded in…