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…
Key Takeaways Metaplanet will inject 2,100 BTC and $2.5M into Super League to form a new U.S. treasury called Superplanet. Superplanet links Nasdaq and Tokyo, giving Metaplanet two listed vehicles to raise bitcoin capital. Metaplanet’s 5-year lock-up sets up Superplanet’s next test: growing BTC per share without dilution. Metaplanet Extends Bitcoin Strategy to Nasdaq With…
Key Takeaways Arizona courts awarded Spann’s estate $500,000 found inside 4 ammunition cans. Grande v. Jennings showed in 2012 that hidden cash can remain estate property after a home sale. Spann’s heirs prevailed May 31, 2012, after the court classified the $500,000 as “mislaid property.” A dilapidated Paradise Valley house looked like a straightforward renovation…
Key Takeaways Binance detected the proposal with less than 48 hours remaining. The unnamed project rejected the measure before it could execute. Comparable attacks show governance flaws can threaten DAO treasuries. Binance Flags Proposal Before Vote Crypto exchange Binance shared on Aug. 18 that its security team detected a malicious governance proposal targeting an unnamed…
