What Clarity declines to do is impose customer identification duties on software that has no customers. Software that takes no custody and controls no transactions is in no position to identify anyone. Requiring KYC on code does not create a compliance obligation on intermediaries; it creates a prohibition on publishing code. Tokenized securities The last […]
Archives for August 6, 2026
Why Sandisk and Western Digital crashed 10% and what it means for bitcoin
Sandisk (SNDK) and Western Digital (WDC), two of the biggest beneficiaries of the AI storage boom, were both 10% lower in pre-market trading Thursday, despite reporting strong quarterly results. Sandisk posted record fourth-quarter revenue of $8.97 billion and non-GAAP EPS of $39.25, comfortably beating expectations. Western Digital also delivered a double beat, reporting revenue of […]
JPYC raises $38 million Series B led by major Japanese logistics firm AZ-COM Maruwa
JPYC Inc. raised 6 billion yen ($38 million) in an extension of its Series B funding round to accelerate the expansion of its yen-pegged stablecoin. The investment brings the company’s total raised to $106 million across seven funding rounds since November 2021, according to venture capital data site Tracxn. New investors in the latest round […]
Bitcoin, ether benefit as traders seek safety of largest tokens
Bitcoin BTC$64,732.28 has added around 0.9% in the past 24 hours to $64,700, while the broader CoinDesk 20 (CD20) is up just 0.16%. Strength in equity markets, which have climbed to record highs, appears to leave the crypto sector unperturbed. Crypto appears to be moving to the perceived safety of the biggest tokens, with bitcoin […]
NFT startup founder charged with misusing funds from $10 million fundraising
Federal prosecutors in Manhattan charged the founder of non-fungible token (NFT) startup Few and Far with securities fraud and wire fraud. The prosecutors alleged that Taj Tarsha diverted more than $10 million raised from investors into online gambling, cryptocurrency speculation and personal expenses instead of building the company’s marketplace. The 34-year-old raised the funds from […]
Live updates: Coinbase lets U.K. users trade U.S. equities. BTC trades near $65,000
Bitcoin hovered near $64,830 on Thursday, up 0.8% over 24 hours and 1.3% on the week, while trading inside a narrow band, CoinDesk data show. Ether rose 2.1%, but most other majors barely moved, leaving the market less in rally mode than in wait-and-see mode. The bid under bitcoin is coming from macro hopes rather […]
Bitcoin developers flag 85 critical bugs in an “extremely bad” situation
Rob Hamilton, who is building the automated setup the group runs, said in an X post the bottleneck is not finding bugs but routing them to the right maintainers. “The hardest part is coordinating to get things to the right people,” Hamilton wrote. “While it is powerful, having found critical issues, I would view this […]
S&P 500 has added crypto’s $2 trillion market cap this month. Bitcoin is not impressed. Here’s why
According to Thielen, traders are missing the key point that BTC’s failure to move lower despite the hawkish Fed is itself a bullish signal. “Traders are underestimating the upside risk from a less hawkish Fed, and overlooking the possibility that the four-year cycle has already bottomed,” he noted. Other market watchers point to erratic demand […]







