The U.S. Department of the Treasury is asking for public comment on the upcoming implementation of new stablecoin rules. The GENIUS Act, signed by US President Donald Trump last year, establishes a regulatory framework for stablecoins, crypto assets pegged to the US dollar. The legislation requires each token to be fully backed by liquid assets
It’s not a priority, said Executive Chairman Michael Saylor, but Strategy (MSTR) could buy back its own shares if they become cheap enough. The comments during a Monday Q&A follow a rough stretch for Strategy’s common shareholders. MSTR is down about 38% this year and 73% year-over-year, driven in large part by bitcoin’s BTC$64,281.10 decline,
Fireblocks has appointed former U.S. Securities and Exchange Commission Acting Chairman Elad Roisman as its chief regulatory and policy officer and general counsel for regulatory affairs. Summary Roisman will oversee Fireblocks’ regulatory strategy, policy engagement, and legal work involving regulation. The former SEC commissioner will act as the company’s main contact with regulators and standards
American investors have reversed course, cashing out of spot Bitcoin exchange-traded funds after a hot run at the beginning of August. Data from Farside Investors shows that investors pulled over $385 million from the U.S. funds last week. The week before, the funds had received fresh cash every day, bringing in more than $865 million
NAVI Protocol has launched NAVI Prime, a Sui-based lending framework designed for funds seeking more clarity, transparency, and control over capital management. Summary NAVI Prime provides lending infrastructure for institutional and professional capital on Sui. NAVI Protocol says the framework focuses on transparent and controllable fund management. DefiLlama tracks about $124.6 million in total value
Bitmine owns 4.8% of the total ETH coin supply of 120.7 million Bitmine is 96% of the way to the ‘Alchemy of 5%’ in just 14 months In July, ETH outperformed Nasdaq 100 by 2,500 basis points, the largest since July 2025, reflective of the strengthening fundamentals of crypto Bitmine repurchased 1.7 million shares of
Fake downloads of The Odyssey have begun spreading Lumma Stealer malware through files disguised as high-quality movie releases, putting crypto wallets, passwords, and browser sessions at risk. Summary Fake The Odyssey downloads use .exe files disguised as 1080p, WEBRip, and Blu-ray releases. Lumma Stealer can collect crypto wallet data, passwords, payment details, and authentication cookies.
XRP price slipped 2.8% over the past seven days and briefly fell below the psychological $1 level as weak daily momentum, persistent capital outflows, and a broader downtrend kept buyers on the defensive. Summary XRP price declined 2.8% over seven days and traded near $1.00 on Aug. 17. Daily Bollinger Bands place immediate resistance at
The U.S. Securities and Exchange Commission and the Commodity Futures Trading Commission have filed separate civil cases against Goliath Ventures Inc. and its CEO, Christopher Delgado, over an alleged crypto Ponzi scheme involving about $400 million. The complaints, filed on August 11 in the U.S. District Court for the Middle District of Florida, allege that
Bitcoin price recovered from the $62,700 area as buyers defended a key support zone, but ETF outflows, weak trend signals, and heavy overhead liquidity continue to limit the rebound. Summary Bitcoin price rose 1.2% to about $63,650 after finding buyers near $62,700. The 4-hour RSI climbed to 58.76, showing an improvement in short-term momentum. Nearly
