Russia cracks down on unlicensed crypto exchanges it claims are linked to Ukraine
The FSB said at least 20 individuals were arrested in connection with a ring that scammed an undetermined number of Russian citizens. Source:CoinDesk
Fierce backlash to Ethereum’s EIP-8363 staking proposal
Ethereum’s proposed EIP8363 staking overhaul aims to reduce issuance, but critics say it could hurt DeFi, decentralization and institutional adoption.…
U.S. unexpectedly shed 23,000 jobs in July, putting Fed rate hikes in question
The chances of a Federal Reserve rate hike at its next meeting in September have slipped below 50% in the aftermath of the report. Source:CoinDesk
Russia cracks down on 9 crypto exchanges in Moscow City
Russia has shut down nine unregistered crypto exchanges in Moscow, with the FSB alleging they helped move scam proceeds abroad through Ukrainian call centers.…
Binance Bitcoin volume ratio hits record as futures outweigh spot eight times over
Binance saw a record divergence between daily spot and futures trading volumes, with the latter reaching nearly $58 billion. Source:Cointelegraph
Kevin O’Leary, aka ‘Mr. Wonderful,’ on crypto, winning in AI and 3 things all business owners must know
What Kevin O’Leary learned from Steve Jobs: You only need to get three things done every day. Just three. Source:MarketWatch
How S&P 500 options action may help explain volatility in memory stocks
Bullish derivative bets mesh with the buythedip mentality, says IBKR’s Sosnick Source:MarketWatch
There are good reasons why higher bond yields are here to stay, this strategist says
Investors are demanding higher rates when they buy longduration bonds because there is less demand, higher supply and a hot mess of policy uncertainty,…
Coldcard fallout shows up onchain as 210,000 bitcoin leaves old wallets
Roughly 200,000 bitcoin have moved from longterm holder wallets in the past week, suggesting a possible shift in custody rather than conventional selling…
Crypto market maker Wintermute lands SEC approval to trade equities and ETF blocks
The crypto market maker can now trade US stocks and options and support ETFs as crypto moves closer to traditional markets. Source:CoinDesk
Proposed CLARITY ethics deal could save Trump millions in taxes: Bloomberg
The latest bipartisan ethics proposal would reportedly require Trump to divest crypto businesses while allowing him to defer capital gains taxes on those…
Bitcoin wallet dormant since 2011 moves $3.2 million toward FalconX-linked address
The 50 BTC remained in the receiving address Friday, but that wallet has previously sent funds to FalconXlabeled deposits, leaving open whether the old stash…