Headlines

BNY taps Galaxy for institutional crypto staking

BNY is adding Galaxy’s staking infrastructure to its digital asset custody platform, giving eligible institutional clients access to custody and staking through one servicing model. Summary Galaxy will provide institutional staking through BNY’s Digital Asset Custody platform. The service remains subject to regulatory review and will be limited to eligible clients. BNY is also developing…

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US Senators Target Wildfire Bets in New CFTC Rule Fight

Key Takeaways Nine Democratic senators asked the CFTC to prohibit wildfire event contracts by Aug. 14. Lawmakers cited $1.2M in trading tied to California’s 2025 Palisades and Eaton fires. Polymarket says the markets inform rather than exploit, and pulling them prevents nothing. Democratic Senators Want Wildfire Prediction Contracts Banned Over Arson Fears Nine U.S. senators…

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Bitcoin price eyes $66.5K as Qatar pushes US-Iran talks

Bitcoin price rebounded above $64,000 as Qatar reported progress in efforts to restart US-Iran negotiations, while technical charts pointed to a possible breakout from a descending channel. Summary Bitcoin price recovered from $62,400 to above $64,000 as geopolitical concerns eased. A 4-hour close above $64,300 could open a move toward $65,500 and $66,500. Sell orders…

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Bitgo Shifts WBTC Infrastructure to Chainlink in Security Push – Bitcoin News

Key Takeaways Bitgo picked Chainlink CCIP for $7.7B WBTC on Aug. 4, 2026. Chainlink replaces Layerzero as Bitgo’s exclusive cross-chain provider. Watch Bitgo migrate WBTC and future assets onto Chainlink CCIP. The crypto company said on Tuesday all future Bitgo-issued digital assets will also use Chainlink’s Cross-Chain Interoperability Protocol, or CCIP, by default. The decision…

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