A bipartisan ethics proposal aimed at clearing the path for the CLARITY Act in the US Senate could deliver a substantial tax windfall to President Donald Trump, according to a Bloomberg report published Thursday. The addendum, which has not been publicly released, would reportedly require the president to divest from his crypto-related business interests while […]
Ethereum researchers have ignited one of the network’s most heated debates since the Merge with a proposal to gradually cut staking rewards to zero once 50% of ETH’s supply is locked up. The proposal, known as EIP-8363 or “Tapered Issuance Burn,” aims to reduce what its authors describe as unnecessary security spending, but it has […]
Japan’s Financial Services Agency (FSA) has formally requested that cryptocurrency exchanges introduce withdrawal delays and other protective measures as part of a coordinated effort to combat rising digital asset scams. The request, issued jointly with the National Police Agency on Thursday, responds to growing losses among exchange users and the increasing transfer of fraudulently obtained […]
Blockchain game developer Proof of Play is ceasing operations after failing to build a sustainable business around its decentralized gaming thesis, the company announced on August 5, 2026. The a16z-backed studio said it could not develop a product that proved blockchain-based games could help usher in a decentralized internet at scale. What led to the […]
BlackRock is reshaping its Ethereum product lineup ahead of a potential market recovery, announcing a 1-for-3 reverse share split for its iShares Ethereum Trust ETF (ETHA) effective October 6, 2026, while separately expanding its staked Ether ETF offering. The reverse split will reduce the number of outstanding ETHA shares without changing the total value of […]
A federal judge in New York has denied an emergency request by the Commodity Futures Trading Commission (CFTC) to block the state from pursuing its enforcement action against prediction market operator Kalshi. The ruling, issued by Judge Jed S. Rakoff on Aug. 4, allows New York’s case to proceed while the CFTC considers renewing its […]
Ether treasury company Bitmine Immersion Technologies continued its aggressive accumulation strategy, adding 10,399 Ether (ETH) last week and repurchasing 4.5 million of its own shares, according to a disclosure on Aug. 4. The company now holds 5,797,813 ETH, valued at approximately $10.9 billion, representing about 4.8% of Ether’s circulating supply of 120.7 million. Bitmine’s expanding […]
The cryptocurrency market faced a turbulent week as a major security breach on Coldcard hardware wallets led to a significant loss of Bitcoin, prompting a flight to centralized exchanges and alternative custody methods. Meanwhile, legislative efforts to pass the Clarity Act in the U.S. Senate are running out of time, and industry analysts point to […]
Russia has expanded its cryptocurrency mining restrictions to include Moscow, the Moscow Region, and parts of the Kursk Region, with the ban set to take effect on Aug. 15, 2026, and remain in force until Dec. 31, 2032. The move, formalized under Resolution No. 936 signed by Prime Minister Mikhail Mishustin on July 25, 2026, […]
The Bank of Italy has published a study concluding that stablecoin-based remittances do not consistently outperform traditional payment channels in terms of cost or speed. The research, which analyzed 200 USDC transfers across ten payment corridors linking Italy with Brazil, Argentina, Japan, the United Arab Emirates, and South Africa, found that fiat conversion fees and […]
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