Bipartisan work on the long-awaited Clarity Act continues after Democratic senator Catherine Cortez Masto said that she, along with two law enforcement groups, are feeling “good” about proposed changes to the bill, according to a news report. Along with the National Association of Assistant U.S. Attorneys and the National District Attorneys Association, Cortez backed changes … Read more
BNY, one of the world’s largest custodian banks, is taking a major step toward blockchain-based financial infrastructure by moving fund ownership records onchain. The New York-based institution will launch a blockchain-based version of its transfer agency business, which manages fund ownership records and investor transactions, the Financial Times reported Wednesday. “We think of BNY as … Read more
I scanned the Bitcoin blockchain for images; what I found will shock you. Much has been said online about the arbitrary data and content that can be found on the Bitcoin blockchain. Not only has this possibility spawned a niche art scene, but it has also led to a movement against ‘non-monetary transactions’ on the … Read more
Bitcoin’s price slid further on Tuesday as investors weighed up the chances of lawmakers voting on the long-awaited crypto Clarity Act. The price of Bitcoin was recently $63,634 after sliding 2% over a 24-hour period. The cryptocurrency dropped as low as $62,784 at one point. Market observers now give the Clarity Act a 35% chance … Read more
Trade.xyz, an operator of onchain perpetual markets on Hyperliquid, said it will cover eligible liquidation losses after a price anomaly hit its contract tracking SK Hynix, a South Korean chipmaker and producer of high-bandwidth memory for artificial intelligence. Trade.xyz said the SKHYNIX contract’s mark price fell from $1,127.90 to $917.25 at 23:01 UTC on Monday … Read more
In a stunning turn of events that has sent shockwaves through the cryptocurrency market, the major exchange, ‘CryptoNexus’, has abruptly ceased all operations and trading. This unexpected shutdown, which occurred in the early hours of Wednesday, July 29, 2026, has resulted in the apparent loss of billions of dollars in customer funds. The company has … Read more
People can now pay with Bitcoin to buy flights from Dubai-based airline Emirates. Working with Crypto.com, Emirates said Tuesday the customers now have the option to book flights using the crypto exchange’s payment feature. Crypto.com and Emirates last year announced they would work together. Emirates’ Deputy President and Chief Commercial Officer Adnan Kazim said the … Read more
Securities and Exchange Commission Chairman Paul Atkins has thrown support behind the long-awaited crypto market structure bill. Writing on X Tuesday, the chief of Wall Street’s biggest regulator said that he was “committed to supporting Congress in advancing” the bill. A number of lawmakers are hoping the Clarity Act gets passed before Congress departs for … Read more
Bitcoin (BTC) hit ten-day lows at Tuesday’s Wall Street open as BTC price action followed a US stocks sell-off. Key points: Bitcoin price action reacts to contagion from an Asia stocks sell-off as it hits US markets. Chip makers are at the epicenter of the reversal with South Korea’s KOSPI Index closing the day down … Read more
Blockchain security company AmericanFortress has unveiled a cryptographic scheme that it says could protect existing cryptocurrency wallets from future quantum attacks without requiring users to move funds, rotate keys or change wallet addresses. Unlike most proposed post-quantum approaches, AmericanFortress said its scheme allows existing wallet addresses to remain unchanged while adding post-quantum protection. The company … Read more