Key Takeaways Bondarchuk spent 100+ hours 3D printing Bella’s modular prosthetic arm. Bella, 7, uses the device daily, highlighting cheaper pediatric options. GE Vernova hired Bondarchuk as he develops attachments for more kids. Vitaliy Bondarchuk’s dorm-room engineering project started with a family problem: his 7-year-old sister, Bella, needed a prosthetic that could keep up with…
Key Takeaways Hungary repealed strict local crypto validation checks to fully align with the EU’s new MiCA framework. The move eliminates duplicate compliance rules, allowing EU exchanges to operate freely in Hungary. The repealed laws previously criminalized unauthorized crypto conversions with up to 8 years in prison. Hungary Decriminalizes Crypto Assets’ Offenses in Line With…
Key Takeaways Bitgo Korea won VASP registration Aug. 18, opening custody services to institutions. Hana owns 25% of Bitgo Korea as tighter VASP rules raise the compliance bar. Bitgo has disclosed no launch date yet despite reporting $63 billion on platform. The Korea Financial Intelligence Unit accepted Bitgo Korea’s Virtual Asset Service Provider, or VASP,…
Key Takeaways Selig ordered CFTC staff on Aug. 20 to prepare backup crypto market rules. CFTC rules could give exchanges a new path if the 2026 Clarity Act stalls. Senate action could return in September, with the Clarity Act needing 60 votes. Speaking Thursday at the CFTC Innovation Advisory Committee’s inaugural meeting in Washington, Selig…
Key Takeaways Defillama shows decentralized finance TVL jumping 9.15% to $83.216B on Aug. 20. DEX platform volume hit $10.886B, its first move above $10B since June 5. The perp DEX Hyperliquid captured roughly 45% of perp DEX volume with $15.205B in 24 hours. Defillama TVL data at about 10:30 a.m. EDT on Aug. 20 showed…
Key Takeaways Bitcoin surged 14% over four days to a session high of $72,850, lifting its market cap to $1.45 trillion. Pro-crypto White House meetings and Treasury policy shifts sparked $1.59 billion in short bets liquidated. Market strategists expect Scott Bessent’s expanded Treasury bond buybacks to spur further crypto momentum. Intraday Price Action and Breakout…
Key Takeaways MSTR absorbs residual bitcoin exposure after senior claims. Five preferred securities offer different income protections. None gives holders direct ownership of Strategy’s bitcoin. Strategy Separates Equity From Preferred Income Strategy Inc. (Nasdaq: MSTR) announced Aug. 19 that it had published investor briefings covering its common stock and five preferred securities. Executive Chairman Michael…
Key Takeaways Blockchain parser btcparser.com tracked 28 dormant wallets moving 1,314.41 BTC worth $94.03 million over the last 24 hours. Bitcoin’s 2014 wallet cohort drove 92.4% of the BTC moved, with gains of at least 16,645%. Arkham entity flags show no exchange links yet for the 2014 wallets holding freshly moved BTC. August is already…
Key Takeaways Securitize launched HINC with Neuberger, bringing $230B fixed-income expertise onchain. Securitize put HINC on 4 chains, pushing tokenization beyond Treasuries into high-yield credit. Securitize’s $3.4B tokenized AUM will test demand for onchain CLOs and leveraged loans. Securitize Launches High-Yield Bonds Across 4 Public Blockchains Securitize is pushing deeper into tokenized credit with a…
Key Takeaways The CFTC’s Innovation Advisory Committee meets Aug. 20 on crypto, AI and prediction markets. Kalshi’s Tarek Mansour and Polymarket’s Shayne Coplan hold two of the 35 seats. The CFTC has sued nine states over event contracts, including Wisconsin. Seven Seats for the Event-Contract Industry The CFTC’s Innovation Advisory Committee convenes for the first…
