A $1.1 million crypto card hack crashed a neobank's token 49%
The exploit caused the neobank's AVICI token to drop 49% from a 24hour high, hitting a record low before paring some of the losses. Source:CoinDesk
Ditching 'digital gold': BPI study suggests everyday Americans prefer control and micro-investing
A new survey suggests some of bitcoin's most familiar sales pitches of changing the world may be poorly suited to a majority of prospective buyers.…
Swift’s $1.5 quadrillion network faces a blockchain test
Crypto executives say new blockchain payment infrastructure could make Swift obsolete. Bankers say its 11,500institution network gives it the power to absorb…
The next trillion-dollar currency may not be a stablecoin — it might not even have a name yet
AI agents are coming. They will need to pay each other. Crypto executives agree on the problem but disagree sharply on the solution, and one thinks the answer…
Tokenized assets are busier than the data shows
When you strip out what was never mobile, correct for who's holding what and why, add back what works offcontract, the utilization of tokenized assets looks…
Bitcoin wallets untouched for 10 years moved $40 million. Most avoided exchanges
Six decadeold wallets moved $40 million this month, but Galaxy's data shows dormant coin activity at its lowest since 2022 and 2026 on pace for under half of…
Ripple is preparing XRP Ledger for quantum computers before ‘Q-Day’ arrives
An Anthropic model cut the work needed to break a leading postquantum signature candidate by a factor of 67 million last month, while Bitcoin and Ethereum…
Kalshi takes legal blow in court ruling confirming state powers over prediction markets
This latest U.S. appeals court ruling sets up a rift between federal courts on event contracts, suggesting the U.S. Supreme Court may need to settle the…
Solana vote to double disinflation passes by a hair in dramatic finish
Solana's first networkwide vote went down to the wire, with a Krakenlinked validator switching sides before the disinflation proposal narrowly passed.…
BitGo to buy NYDIG trading arm for $42.5M in cash and stock plus $15M earnout
The deal to buy NYDIG IF Holdings comprises $7 million in cash and around $35.5 million, as well as the $15 earnout. Source:CoinDesk
Fed Chair Kevin Warsh at Jackson Hole: 'We have work to do' on inflation
Warsh's highly anticipated remarks at the Kansas City Fed's annual symposium Friday morning leaned hawkish, prompting traders to quickly raise bets on a…
The Clarity Act slipped to September. Banks are building anyway
But every month without settled rules quietly rewards the walled garden, writes Matter Labs’ Vassilis Tziokas Source:CoinDesk