Banks, regulators join quantum-resistant crypto transfer pilot
Participating banks will test postquantum wallets and onchain transfers while regulators from Abu Dhabi, Bhutan and Malta initially observe.…
Pakistan opens crypto licensing portal, sets Sept. 5 deadline for existing firms
Existing virtual asset providers must apply for an NOC by Sept. 5 or cease operations under Pakistan’s new regulatory framework. Source:Cointelegraph
Term Finance loses estimated $8.5M in vault governance exploit
Term permanently closed its Meta Vaults after an attack reportedly removed nearly all of their Ethereum deposits. Source:Cointelegraph
Fed study finds crypto investors driven by beliefs, easily swayed by returns
A Federal Reserve Bank of Cleveland study finds crypto investors hold sharply different views on returns and risk, while information about Bitcoin’s past gains…
Kalshi off-limits in multiple states as prediction markets, CFTC team up for battle
Washington state is cut off for Kalshi customers while the company combats the development in court and its federal regulator keeps pursuing new rules.…
Here’s some surprisingly good news for the stock market this midterm election year
There is a strong historical pattern of postmidterm strength. Source:MarketWatch
Ray Dalio says to buy ‘a bit’ of Bitcoin amid potential debt crisis
The hedge fund founder with an estimated net worth of $15 billion recommended that investors overweight Bitcoin and gold rather than bonds. Source:Cointelegraph
Onchain, in court: What happened in crypto legal news this week
The CFTC ordered a trading ban for former Alameda and FTX executives, and US prosecutors opposed a motion from a US soldier accused of profiting from the…
Digital Asset, Paul Ryan foundation target US state benefits with Canton pilot
The RISE program would use the Canton Network to combine and distribute stateadministered benefits across three US states beginning in 2027.…
Crypto Biz: Treasury’s ‘Not-QE’ playbook sends Bitcoin higher
Bitcoin rallied as Treasury bond buybacks fueled the “notQE” trade, while Metaplanet expanded to the US and Cypherpunk made a $33 million Zcash mining bet.…
Solana cuts blockchain slot time to 350 milliseconds
Solana reduced its slot time for the first time since genesis as it works toward a 200millisecond target aimed at reducing network latency. Source:Cointelegraph
Laser Digital gets Japan’s first crypto exchange approval in 4 years
Nomurabacked Laser Digital Japan received registration to provide domestic liquidity before expanding into institutional crypto trading. Source:Cointelegraph