Key Takeaways Bit Digital bought 8,568 ETH for $20M, raising holdings to 158,462 ETH. Nasdaq-listed Bit Digital deepened its ethereum treasury and AI infrastructure push. CEO Sam Tabar signaled more ETH accumulation if market conditions stay favorable. Bit Digital Buys $20M in ETH as CEO Backs Ethereum Digital Economy Thesis Bit Digital has added another…
Key Takeaways Quantus warned $2T in crypto faces quantum risks as bitcoin and ethereum lag in migration. Bitcoin quantum-safe signatures could grow 70x, straining block space and throughput. NIST finalized post-quantum standards in 2024 as Quantus targets a 2030 threat window. Google and IBM Advances Push Bitcoin Quantum Threat Closer Quantum computing is no longer…
Key Takeaways Federal officials are challenging Rhode Island’s attempt to regulate event-contract platforms under gambling laws. Prediction markets have become a major regulatory battleground as trading expands across political, economic, and sports-related events. Courts may decide whether federal commodities law preempts state gambling enforcement against registered markets. CFTC Moves Against Rhode Island Over Prediction Markets…
Key Takeaways The CFTC said the Gemini enforcement case would not meet current filing standards. The agency cited disputed evidence, whistleblower credibility concerns, and litigation conduct issues during review. Federal agencies are increasingly coordinating crypto oversight while revising enforcement standards and cooperation policies. CFTC Review of Gemini Case Reshapes Crypto Enforcement The Commodity Futures Trading…
Key Takeaways BIS Project Agorá will test real-money blockchain payments with JPMorgan and UBS. ECB, Fed, and BIS aim to cut cross-border payment delays using tokenized ledgers. Project Agorá keeps sanctions and AML checks inside existing banking rails. Project Agorá Links Central Banks on Unified Payment Ledger The Bank for International Settlements is preparing to…
Key Takeaways Josh Stevens denied adding KYC to existing Polymarket services but faces Kalshi pressure to comply next. On May 22, James Comer launched a probe into Kalshi and Polymarket over compliance and insider trading data. As compliance rules impact the industry, Kalshi and Polymarket both revamped their surveillance system ahead of this year’s Super…
Key Takeaways: Bitcoin fell to a session low of $72,642 on Thursday morning, threatening to close May with a monthly loss. Volatile price swings triggered $921 million in total digital asset market liquidations, hammering longs. Wall Street’s muted reaction to subsequent U.S.-Iran peace updates suggests growing investor ambivalence. [/key_takeaways Bitcoin Flirts with Monthly Loss as…
Key Takeaways Regional news outlets report that Samsung affiliates will acquire a 4% Dunamu stake for 612.8 billion won ($408M), closing June 19, 2026. The deal gives Upbit, South Korea’s largest crypto exchange by volume, direct ties to major finance firms. Samsung Securities targets tokenized securities while Samsung Card eyes crypto payments via Monimo. Samsung…
Key Takeaways XRP plunged to $1.265 on May 28 during a market rout that pulled total crypto capitalization down to $2.58T. XLM bucked the trend, surging 22% after a tokenization partnership with DTCC and Stellar was announced. RAIN continued its rally by 8.5%, with investors watching its 90% seven-day gains for what comes next. XRP…
Key Takeaways Strive bought 1,109 BTC, lifting holdings to 16,500 bitcoin and 7th among publicly listed companies holding BTC. ASST shares surged 133% in 3 months as Strive expanded its bitcoin treasury model. Strive plans new capital tools and a 13.88% SATA yield product starting June 16. ASST Climbs 133% as Strive Expands Bitcoin Treasury…
