Banks Demand 1-Year Freeze on ‘Skinny’ Fed Accounts for Crypto
Bank lobbyists push for a mandatory 12-month delay on crypto firm access to Fed payment rails, escalating the battle over...
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Category: Cryptocurrency
Polymarket Sues Massachusetts; Asserts CFTC “Exclusive Authority” to Halt State Bans
Polymarket files a federal lawsuit against Massachusetts, arguing CFTC preemption to stop state regulators from blocking its prediction markets.
Jump Trading Backs Kalshi, Polymarket as Super Bowl Volume Hits $1.5B
Prediction markets processed $1.5 billion on Super Bowl LX as Jump Trading moves to acquire equity in Kalshi and Polymarket...
Farcaster Founders Pivot to Stablecoins, Join Stripe-Backed Tempo
Dan Romero and Varun Srinivasan leave Farcaster for the $5B stablecoin network Tempo as Merkle Manufactory returns $180M to VCs.
Beijing’s Quiet $298B Treasury Directive Flashes Bitcoin Liquidity Warning
Chinese regulators advise banks to cut $298B in US Treasury exposure, spiking yields to 4.25% and threatening a liquidity crunch...
Japan Election: Takaichi Supermajority Signals End of 55% Crypto Tax
LDP secures 316 seats, clearing the path for a flat 20% crypto tax rate and reclassification of digital assets as...
MegaETH Mainnet Goes Live; Token Launch Halted for Usage Metrics
The Vitalik-backed "real-time" blockchain enters the L2 wars with a new frontend and a controversial decision to delay its token...
Cango Liquidates $305M Bitcoin for AI Pivot; Appoints Ex-Zoom Exec
Bitcoin miner Cango sells 4,451 BTC to clear debt and fund a modular GPU strategy, tapping former Zoom engineer Jack...
Bitmine Buys the Blood: Adds 40K ETH as Paper Losses Hit $8B
Tom Lee's Bitmine Immersion ignores the carnage, adding 40,613 ETH to a treasury now sitting on $8 billion in unrealized...
Saylor Ignores $5B Drawdown, Adds 1,142 BTC to MicroStrategy Vault
MicroStrategy continues its aggressive accumulation strategy despite a $5 billion unrealized loss, funding a $90 million Bitcoin purchase through fresh...