“The CFTC is locked in and ready to ship its rules for the new frontier of finance,” CFTC chair Mike Selig wrote in a post on X following the vote on Wednesday.  The CFTC, on Friday, also published a no-action letter, giving certain software providers a way to connect users to regulated derivatives markets without […]

Shark Tank host and veteran investor Kevin O’Leary said he’s convinced the Clarity Act will eventually advance in the Senate and could return as soon as the first quarter of next year. Speaking at the Avalanche Summit in New York on Thursday, O’Leary said he didn’t expect the bill to advance on Tuesday, when it […]

The hackers behind a data breach at Revolut are demanding $3 million worth of monero (XMR) within 24 hours, threatening to sell the stolen customer data to other criminal groups if the bank refuses to pay, according to the Financial Times. The group, which calls itself “iamnotavillain,” posted the demand Wednesday alongside a countdown clock, […]

Bitcoin BTC$75,716.94 traders aren’t exactly panicking about Wednesday’s expected Federal Reserve rate hike, but they aren’t taking many chances either. Markets are pricing a 92.5% chance the Fed raises rates for the first time in three years after strong employment data and stubborn inflation. Bitcoin has spent the past 24 days stuck between roughly $76,000 […]

Crypto stocks were a sea of red Tuesday afternoon after the Senate failed to advance the Clarity Act, dealing a major blow to an industry that has spent years — and hundreds of millions of dollars in campaign contributions — gunning for a comprehensive U.S. regulatory framework. Coinbase COIN$172.05·Market Closed was down nearly 9% at $174.42, while […]

Citigroup plans to begin offering bitcoin custody later this year, bringing crypto into the same infrastructure it uses to safeguard traditional assets for institutional investors. On Tuesday, the bank’s institutional infrastructure arm announced the launch of Custody+, a suite of services designed to make custody, settlement, foreign exchange and cash management faster. The service, which […]

It’s not a priority, said Executive Chairman Michael Saylor, but Strategy (MSTR) could buy back its own shares if they become cheap enough. The comments during a Monday Q&A follow a rough stretch for Strategy’s common shareholders. MSTR is down about 38% this year and 73% year-over-year, driven in large part by bitcoin’s BTC$64,282.99 decline, […]

Ethereum treasury company Bitmine Immersion added more of the token to its balance sheet, bringing its total holdings up to 5.815 million tokens. In an announcement Monday, the company led by Chairman Tom Lee said it bought another 9,926 ETH last week, continuing its streak of weekly buys that began in June 2025 when the […]

That testing has implications beyond speculative trading. As stablecoins move further into mainstream finance, networks will need to handle everything from multi-million-dollar transfers to everyday consumer payments. “It needs to be cost-effective to send $100 million in stablecoins,” Macellari said. “But it also needs to be cost-effective to send $3.” The fund’s active approach also […]

Blockchain-based prediction markets platform Polymarket is looking to raise fresh capital at a $20 billion valuation, Bloomberg reported Tuesday, citing people familiar with the matter. According to the person, the company closed a funding round at a $15 billion valuation in April which included a $600 million investment from the Intercontinental Exchange, the owner of […]