SEC to review Nasdaq bitcoin options approval after CME challenge
CME argues that because bitcoin is a commodity, options tied to its value fall under CFTC jurisdiction, not the SEC's authority. Source:CoinDesk
They spent tens of thousands of dollars on home remodels — only to regret it
Some homeowners spend big bucks to upgrade their house, only to end up having second thoughts. Source:MarketWatch
Solana Foundation's new CISO warns AI is making crypto scams more convincing
Michael Coates, the foundation’s new CISO, said that AI vulnerabilities and fake identities will drive the next wave of blockchain security concerns.…
Is the government lying to us about inflation?
The concern is understandable, since the consumerprice index affects everything from Social Security’s annual costofliving adjustment to the interest rate…
Binance founder CZ calls for wallet diversification after $70 million Coldcard exploit
Binance founder Changpeng Zhao says hardware wallets can still have bugs and suggests spreading funds across multiple wallets after the major Coldcard security…
Tether posts $1.5 billion operating profit in Q2 as reserve buffer falls by half
The world’s largest stablecoin issuer added 14 metric tons of gold and about 1,800 bitcoin to its reserves during the second quarter. Source:CoinDesk
Coldcard's $38 million (so far) exploit shakes faith in self-custody, may push investors to ETFs
A software bug in popular hardware wallet Coldcard that led to the theft to this point of nearly 600 bitcoin worth roughly $38 million is prompting questions…
Let’s elect candidates who will make the wealthy pay taxes
We can use some of those revenues to make Social Security contributions more equitable. Source:MarketWatch
Tether earns $1.5B in Q2 as US Treasury holdings fuel profits
Tether’s reserve surplus grew to $4.11 billion in the second quarter as USDT supply rose despite a weaker stablecoin market and continued pressure across the…
Quantum computing nears commercial breakthrough, IBM CEO says
Arvind Krishna said quantum computing will begin generating meaningful revenue before the decade ends as investment in the sector accelerates, in an interview…
Circle secures New York trust charter as crypto regulatory push accelerates
The approval lets the USDC issuer offer fiduciary and custody services under New York banking law. Source:CoinDesk
ExxonMobil, Chevron’s combined profits quadrupled in three months as the Iran war raged
Combined profits of ExxonMobil and Chevron for the second quarter soared more than 300% in three months to more than $26 billion. Source:MarketWatch