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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Texas governor pumps brakes on data centers

Texas is putting a halt to data center projects that try to tap into public utilities under new regulations issued by Governor Greg Abbott. The new order mandates the Public Utility Commission of Texas and the Electric Reliability Council of Texas (ERCOT) complete extensive audits of data center developers before they can connect to the…

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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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