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- Altcoins
Fed raises rates by 25 basis points in first hike since July 2023
The widely expected move places the U.S. Federal Reserve's benchmark fed funds rate range at 3.75%-4.0%.
Web3News newsroom1 min read
- Altcoins
Celsius sues BitMEX for $495 million over 2020 crash liquidations
The estate is chasing 6,360 BTC lost in the Covid crash — a leveraged long position that sits awkwardly with the lender's delta-neutral marketing.
Web3News newsroom1 min read
- Finance
Consumers hit by one-two punch of oil and rates from Iran war. The estimated bill is $1,700 per household
Rising oil prices and Treasury yields are lifting energy and borrowing costs for U.S. households, pushing consumers to draw more heavily on savings.
Web3News newsroom1 min read
- Policy
House panel approves first federal crypto tax framework, one day after Senate’s Clarity Act stumbles
The House Ways and Means Committee voted to advance crypto tax legislation, sending it to the House to consider.
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- Finance
House Defies Automakers and Mandates AM Radio in New Cars
The bill proposing the requirement now heads to expected Senate passage after House overwhelmingly approves it.
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- Policy
CFTC and SEC Double Down on Crypto After Clarity Act Defeat
Michael Selig and Paul Atkins pledged to use their agencies’ existing powers to provide crypto regulatory certainty after the Senate failed to advance the bill.
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- Sports Betting
DraftKings Says Prediction Markets Don’t Cannibalize Its Sportsbook. Its Own Map Shows Why They Can’t
The company sells sports event contracts in the 18 states where it has no online sportsbook, and in none of the 27 where it does. That design is what lets it tell investors the products barely touch, tell the NFL its ads never cross the line, and tell fans it’s in all 50 states. It […] The…
Web3News newsroom1 min read
- DeFi
Aave founder pitches ‘Uber path’ for DeFi after Clarity Act fails Senate vote
Aave founder Stani Kulechov sees an 'Uber path' for DeFi if U.S. crypto legislation stalls, he told The Starting Block.
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- DeFi
Hackers Hijack HBO Max’s Reddit Account to Spread Crypto-Stealing Malware
Attackers ran 108 malicious ads through the streaming service’s verified account, directing users to fake software downloads.
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- Altcoins
JPMorgan says Clarity Act ‘not fully dead,’ but passage window ‘extremely narrow’
The Clarity Act is "not fully dead," but the window for passing the crypto bill this year is now "extremely narrow," JPMorgan said.
Web3News newsroom1 min read
- Bitcoin
Bitcoin Is on Sale and Should Be Accumulated, Says Morgan Creek Capital CEO
Bitcoin Magazine Bitcoin Is on Sale and Should Be Accumulated, Says Morgan Creek Capital CEO Mark Yusko has said that bitcoin is undervalued, and when something is undervalued, you buy it. This post Bitcoin Is on Sale and Should Be Accumulated, Says Morgan Creek Capital CEO first appeared…
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- Altcoins
The Quantum Issue: To Freeze Coins Or Not
Bitcoin Magazine The Quantum Issue: To Freeze Coins Or Not From The Quantum Issue: Jameson Lopp's massive essay on the contentious social decisions for Bitcoin quantum computing will force people to confront. This post The Quantum Issue: To Freeze Coins Or Not first appeared on Bitcoin Magazine…
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- Altcoins
Ripple Joins Velocity, Targets Payment Back End With $10 Million Extension
Velocity raised $10 million to extend its Series A to $48 million, building payments infrastructure linking stablecoins with banks and card networks. The post Ripple Joins Velocity, Targets Payment Back End With $10 Million Extension appeared first on Cryptonews .
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- Altcoins
Zuckerberg Pushes Back on Coordinated AI Slowdown, Says Labs Can Act Alone
Meta’s CEO says competition and potential liability give AI developers reasons to prioritize safety, citing the company’s decision to delay Muse.
Web3News newsroom1 min read
- Altcoins
Russian spies using crypto and Telegram to incite chaos across Europe
Russian spies are using Telegram and crypto to entice teenagers and young adults across Europe to carry out acts of sabotage and violence. The post Russian spies using crypto and Telegram to incite chaos across Europe appeared first on Protos .
Web3News newsroom1 min read
- Finance
Senate is still a toss-up, but Democrats now have slight edge, prediction market traders think
Traders on both Kalshi and Polymarket see Democrats with one of their best chances to flip the U.S. Senate since the contracts on the election opened.
Web3News newsroom1 min read
- Policy
U.S. House's tax committee advances crypto tax bill in wake of Clarity Act loss
The Digital Asset Tax Certainty Act would ease complicated tax burdens for everyday use of cryptocurrencies, though Trump's industry ties spurred some pushback.
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- Altcoins
Anchorage expands institutional custody to Etherlink, tokenized uranium
Anchorage Digital Bank added custody support for Etherlink and several Etherlink-based assets, including xU3O8, a token representing physical uranium.
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- Finance
How ISO Data Compliance Can Help Unlock Greater Revenue Growth
Discussed in this virtual interview is the development of data within ISO20022, providing insights into how to generate revenue in the process of compliance.
Web3News newsroom1 min read
- Altcoins
Coinbase faces greater fallout from CLARITY Act setback: Saxo
A strategist at the Danish bank said Coinbase has more at stake in the CLARITY setback because its trading business is directly exposed to US market-structure rules.
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- Bitcoin
Bitcoin ETFs Had Their Worst Day Since June Following Failed Clarity Act Vote
Bitcoin, Ethereum, and XRP ETFs shed roughly $593 million combined Tuesday, their heaviest single-day drawdown since June.
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- Bitcoin
Deutsche Bank To Debut Bitcoin Custody for Institutional Clients
Bitcoin Magazine Deutsche Bank To Debut Bitcoin Custody for Institutional Clients The bank is the latest major lender to work on a bitcoin custody solution. This post Deutsche Bank To Debut Bitcoin Custody for Institutional Clients first appeared on Bitcoin Magazine and is written by Mathew…
Web3News newsroom1 min read