The SEC canceled a planned vote on its Regulation Crypto framework, citing an unforeseen scheduling issue. The proposal could create exemptions for crypto startups raising capital outside traditional securities rules. However, the delay changes nothing legally. No safe harbor has been created, and no new offering regime is currently in force for crypto companies. Token
Tudor Investment has increased its BlackRock Bitcoin ETF stake by 18.9% in the second quarter, ending a year-long run of reductions while cutting most of its reported call-option exposure to the fund. Summary Tudor Investment increased its BlackRock Bitcoin ETF stake by 18.9% in the second quarter. The hedge fund added 109,446 IBIT shares, taking
Bitcoin BTC$63,501.46 steadied above $63,000 on Monday, clawing back a fraction of last week’s losses with a 0.8% gain since midnight UTC. Without an obvious catalyst, the largest cryptocurrency appears to be tracking U.S. equities. Nasdaq 100 index futures are up 0.5% to their highest point since July 2. Any positive reading will need to
Austria has fined Bitpanda €70,000 ($82,000) for breaches of the European Union’s Markets in Crypto-Assets Regulation, making the case the Austrian regulator’s first published final penalty under MiCA. Summary Austria’s FMA fined Bitpanda €70,000 for breaches of MiCA disclosure and marketing rules. Bitpanda failed to submit a required crypto asset white paper at least 20
Stripe has reportedly finalized an agreement to acquire AI model-routing platform OpenRouter for more than $7 billion, months after the startup was valued at $1.3 billion in its latest funding round. Summary Stripe has reportedly agreed to acquire OpenRouter for more than $7 billion. OpenRouter was valued at $1.3 billion after raising $113 million in
tl;dr: Meet Platåberget: Glamsterdam’s (Gloas + Amsterdam) early testing ground open to public participation. This upgrade comes with breaking changes for application developers. Notably, any tool that relies on a hardcapped maximum gas limit (think wallets, indexers and gas estimators) will break and needs to be updated. Please use this early opportunity to test! Platåberget
BNB Chain will activate the Pasteur hard fork on BNB Smart Chain on August 25, adding bridge and validator security fixes plus higher tested throughput. The upgrade keeps the network’s block interval and gas limits unchanged. According to BNB Chain’s Pasteur announcement, the hard fork activates at 2:30 a.m. UTC on August 25 after Chapel
Ethereum research group Ethlabs has urged core developers to prioritize censorship resistance, faster blocks, native account abstraction and continued Layer 1 scaling for Hegotá, Ethereum’s planned upgrade after Glamsterdam. Summary FOCIL remains Hegotá’s only scheduled feature, while Frame Transactions have advanced to considered-for-inclusion status officially. Ethlabs ranks Quick Slots as top priority, proposing Hegotá begin
Prediction market operator Novig has sued Wisconsin Attorney General Josh Kaul and state gaming administrator John Dillett, seeking to stop Wisconsin from applying its gambling laws to sports event contracts traded on the company’s federally regulated exchange. Summary Novig sued Wisconsin officials seeking to block state gambling laws from reaching its sports contracts. CFTC designated
Since the break below our 10/10 lows, which marked the largest liquidation event in crypto history, the market has been in a downtrending phase. The latest leg down was not driven by liquidations but rather by aggressive spot selling. The spot volume delta metric highlights that the same entity (or a group of entities) have
