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The meeting, slated for Sunday evening, might seal the fate of the CLARITY bill if Democrats convene to vote against it in full on Tuesday. While a new bill draft was revealed last Thursday with over 100 changes, it falls short of solving key roadblocks. Senate Democrats To Consider Position On CLARITY Bill The destiny […]
This week’s stories highlighted crypto’s widening reach — and its risks. Pump.fun paired memecoins with tokenized stocks, while Hunter Biden’s LAPTOP token collapsed 98% after launch. Liquid began recovering from a 4,000 BTC exploit, a cybercrime network admitted stealing more than $245 million in crypto, and reports said Iran is increasingly using bitcoin and USDT […]
Mike McGlone, senior commodity strategist at Bloomberg Intelligence, stressed that high stock prices and upcoming interest rate hikes suggest bitcoin’s price may retrace meaningfully to $10,000, serving as a leading indicator of a risk-asset drawdown. Bloomberg’s McGlone: Bitcoin’s ‘A Dud,’ ‘Beta’ While the cryptocurrency market enjoyed one of its finest Augusts ever, with Bitcoin prices […]
Over the past week, the crypto community has been hearing about bizarre hacks involving bitcoin-backed tokens, and following the troubles tied to the Liquid Network’s L-BTC and Nomic’s nBTC, Symbiosis’s bitcoin bridge was exploited. Reports say that a hacker minted billions of unbacked syBTC across a set of transactions and managed to cash out around […]
Bitcoin.com’s new documentary plunges viewers into the moment Cyprus’ banks locked their doors, froze transfers, rationed cash, and placed private savings in jeopardy. Panic engulfed the island while bitcoin surged from about $47 to $265. Inside the Human Cost of Cyprus’ Banking Panic The documentary begins with a nightmare hiding inside an ordinary bank account: […]
Bitcoin’s price is sitting between $76,400 to $76,700 per unit on Sunday morning, which sounds pretty uneventful until you look under the hood. Short-term momentum has gone sour, BTC has been turned away twice from roughly $82,300-$82,800, and several averages immediately overhead are now working against it. Yet zoom out far enough and almost the […]
Events like the 2013 Cyprus crisis and recent government account freezes highlight the reality of third-party risk. As Graham Stone emphasizes, holding self-sovereign assets outside the traditional banking system, such as physical cash, gold, or bitcoin via private keys, is essential for effective financial risk management. Documentary Insights To mark the release of a new […]
This editorial is from this week’s edition of the newsletter Week in Review, sent to subscribers on Friday. Subscribe to the newsletter to get this weekly editorial the second it’s finished. The newsletter also includes the biggest stories of the week, with a comment on each story. From last Friday, bitcoin has moved lower, around […]
Ben Delo, co-founder of the crypto exchange BitMEX, and Christopher Harborne, a Tether investor, have pledged to donate 72 million pounds ($97.44 million) to Reform UK as Parliament debates a ban on crypto-based political donations. Reform UK Rakes In 72 Million Pounds From Crypto Millionaires Reform UK, the far-right political party, has received donation pledges […]
Out of the estimated 200 to 300 crypto companies now operating in Brazil, only 10 would have the structure and funding to satisfy the new rules established by the central bank, which establish capital requirements of up to 37.2 million reais, nearly $7.2 million, in some cases. Brazilian Crypto Market Expected To Consolidate After New […]
Bitcoin miners have found a new way to flex. In 2021, they competed on mining machine preorders and exahashes promised. In 2024 and 2025, the contest shifted toward HPC contracts: who could sign a major customer and announce the biggest deal. Now the competition reaches further upstream, to the electricity those computing ambitions require. This […]
Galaxy Research documented a Bitcoin blockchain reorganization on Sept. 11, when two of the network’s largest mining pools found competing valid blocks, setting off a brief race that ended with one pool’s block joining the chain with the most accumulated work while the rival block was ultimately discarded. Bitcoin’s One-Block Reorg Pits Spiderpool Against Antpool […]