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US Financial Services Committee leaders want ‘regulatory sandboxes’ for AI

In a letter signed only by republicans, the committee responded to a request for information sent by the Department of the Treasury.

Cantor Fitzgerald CEO to co-lead Trump transition team

The financial services company has managed the treasury portfolio for stablecoin issuer Tether since 2021.

Bitcoin price stumbles as gold price hits $2.5K for the first time ever

Bitcoin could hardly look less like gold as sideways BTC price moves meet all-time highs.

Bitcoin is back in 'accumulation' — But what does it mean for BTC price?

Bitcoin could stage a recovery above $66,000 by September but faces significant resistance around $61,700.

Ronin bridge hack caused by error in upgrade deployment script — Verichains

The upgrade deployment script failed to call an important initialization function, leaving the vote threshold at zero and allowing anyone to withdraw “without signature.”

DeFi market stages a comeback as derivatives surge

Onchain derivatives fuel DeFi’s resurgence, with daily volumes reaching $5 billion amid rising competition.

How BitTorrent Chain is advancing blockchain interoperability

With 6,200 stakers and 39.9 trillion BTT locked, the BitTorrent Chain is already thriving and is set to supercharge Tron’s DeFi ecosystem with fast, low-cost cross-chain transfers.

Malaysia adopts Worldcoin for personal verification and digital ID

Malaysia aims to tackle national challenges and unlock economic opportunities by adopting cutting-edge biometric verification technology.

Bitdeer to expand operations with $150M convertible notes offering

Bitdeer Technologies Group’s stock price dropped to $6.33 after it announced a senior convertible notes offering. 

Does Hong Kong have issues with USDT and USDC? — Exec weighs in

As Hong Kong looks into creating HKD and USD stablecoins, a local industry executive has addressed possible implications for stablecoins like UDST and USDC.

Institutional adoption of Bitcoin ETFs surges 27% in Q2

Increasing institutional ETF adoption could bolster Bitcoin price to new all-time highs.

Bitcoin funding rates hit YTD lows, bearish trend looms — CryptoQuant

Bitcoin funding rates on Binance turn negative, reflecting a surge in short positions as institutional interest wanes.

South Africa’s new AI framework sets foundation for tech leadership

As stakeholder consultations proceed, the feedback gathered will be instrumental in shaping a robust and effective AI policy.

Bitcoin Spot ETFs net $11M inflow, despite GBTC loss

Despite significant outflows from the Grayscale Bitcoin Trust, the overall spot Bitcoin ETF market saw positive inflows.

Coinbase cbBTC token may revolutionize Bitcoin DeFi adoption

Coinbase’s step marks the latest significant institutional entrant to the field of BTCFi.

Bitcoin price bounces 4% as triple ‘death cross’ sparks sub-$50K warning

BTC price weakness sees negative funding rates and a distinctly risk-off mood among Bitcoin traders.

Dubai court recognizes crypto as a valid salary payment

UAE lawyer Irina Heaver said the ruling shows the growing acceptance of crypto in employment contracts, recognizing the evolving nature of Web3 financial transactions.

Arbitrum DAO boosts ARB utility with staking and governance upgrades

The DAO bolstered its framework and community by enabling ARB staking and enhancing token utility and security.

Bank of Ghana unveils draft rules for cryptocurrency exchanges

The Bank of Ghana introduces draft guidelines to regulate digital assets, focusing on exchanges and consumer protection measures.

World’s 3rd-largest public pension fund buys $34M of MicroStrategy shares

South Korea’s public pension fund has just increased its crypto exposure by buying tens of thousands of shares in MicroStrategy.

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