Modern bank building with digital encryption overlay symbolizing quantum-resistant crypto transfers
Bitcoin News

Banks and regulators join quantum-resistant crypto transfer pilot

Banks and financial regulators from Europe, the Middle East and Asia have joined a pilot testing quantum-resistant infrastructure for digital asset wallets and onchain transfers. The initiative, announced Monday by the Responsible Fintech Institute (RFI) and crypto custody provider Safeheron, marks one of the first cross-border efforts to prepare financial institutions for the arrival of […]

Smartphone showing a cryptocurrency price chart with a sharp decline, symbolizing the MANTRA token drop.
Bitcoin News

MANTRA token sinks 18% to record low as blockchain halt triggers exchange suspensions

MANTRA’s native token plunged 18.5% from its 24-hour high to an all-time low on Thursday, shortly before MANTRA Chain stopped producing blocks and the team announced a precautionary halt over an unexplained incident. The network’s status page classified the event as a full outage, prompting several exchanges to suspend deposits and withdrawals for the token. […]

Smartphone displaying a crypto wallet interface with USDU stablecoin and US dollar symbol
Bitcoin News

Bitcoin.com adds UAE-regulated USDU stablecoin to self-custodial wallet

Bitcoin.com has integrated USDU, a US dollar-backed stablecoin registered with the Central Bank of the UAE, into its self-custodial web and mobile wallet. The move expands access to the UAE’s first regulated foreign payment token, which until now has primarily been distributed through institutional channels. USDU’s regulatory standing and launch background USDU is issued by […]

Cybersecurity team monitors AI scam-baiting bots in Sydney office
Bitcoin News

Inside Apate: How 200,000 AI ‘victims’ are wasting scammers’ time and saving millions

Australian cybersecurity firm Apate is running a global operation that turns the tables on online fraudsters: a fleet of nearly 200,000 AI-powered personas that pose as gullible victims, waste scammers’ time, and extract actionable intelligence for banks, telcos, and crypto analytics firms. The company’s bots field hundreds of thousands of calls and chat conversations daily, […]

FASB board members reviewing stablecoin accounting rules in a modern conference room
Bitcoin News

FASB proposes new guidance on when stablecoins can be treated as cash equivalents

The Financial Accounting Standards Board (FASB) has taken a significant step toward clarifying how US companies should account for stablecoins, proposing new guidance that would allow certain digital assets to be classified as cash equivalents under generally accepted accounting principles (GAAP). In a proposal announced on Tuesday, the FASB said it would add illustrative examples […]

Washington state courthouse with digital data overlay symbolizing the Kalshi prediction market ruling
Bitcoin News

Washington court orders Kalshi to halt sports, election, and politics prediction markets

A Washington state judge has ordered Kalshi, the CFTC-regulated prediction market platform, to stop offering a broad range of event contracts in the state, ruling that federal commodities law does not preempt Washington’s gambling statutes. The preliminary injunction, granted by King County Superior Court Judge John McHale, bars Kalshi from offering contracts tied to sports, […]

Illustration of Solana network fee mechanism with a holographic chart and flame icon representing SOL burn.
Bitcoin News

Solana’s SIMD-0553 fee overhaul: Higher burn, resource-based pricing, and cheaper simple transactions

Solana is moving forward with a significant overhaul of its transaction fee structure, a change that would make resource-intensive operations more expensive while reducing costs for simpler transactions and increasing the amount of SOL burned. The proposal, known as Solana Improvement Document (SIMD-0553), entered the network’s onchain governance process in early August and cleared its […]