China has sentenced a convicted drug trafficker to death after authorities found he laundered more than 48 million yuan, about $7.04 million, through cryptocurrency as part of a major cross-border narcotics operation. Summary China sentenced a convicted drug trafficker to death after prosecutors said he laundered more than 48 million yuan through cryptocurrency. Prosecutors said
Fusaka follows this year’s Pectra upgrade, representing a major step forward in Ethereum’s scaling roadmap that improves L1 performance, increases blob throughput, and enhances user experience. The Fusaka network upgrade is scheduled to activate on the Ethereum mainnet at slot 13,164,544 (December 3, 2025, 21:49:11 UTC). Fusaka also introduces Blob Parameter Only (BPO) forks to
Strategy Inc. (NASDAQ: MSTR) shares fell more than 10% Tuesday to $92, a two-year low, as bitcoin cratered below $60,000 and an analyst note from CryptoQuant warned the company has overextended itself and should halt bitcoin purchases before its financial situation deteriorates further. Bitcoin fell to roughly $59,000 on the day, a drop of more
Stablecore has launched an early access stablecoin and digital asset program for U.S. credit unions, allowing participating institutions to test blockchain-based financial services before deciding whether to integrate them into their banking platforms. Summary Stablecore has launched an early access stablecoin program with Circuit and Curql for credit unions managing about $25 billion in assets.
Ethereum’s weekly All Core Developer calls are a lot to keep up with, so this “Checkpoint” series aims for high-level updates roughly every 4-6 weeks, depending on what’s happening in core development. See the previous update here. If you enjoy reading core development updates, you may also be keen to learn that Forkcast now publishes
Coinbase secures a Luxembourg MiCA license, allowing the crypto exchange to expand regulated services across all 27 European Union countries. Coinbase has secured a Markets in Crypto-Assets (MiCA) license from Luxembourg’s financial regulator, CSSF. As a result, the largest U.S. crypto exchange is now able to provide crypto services in all 27 EU countries. The
Coinbase CEO Brian Armstrong said crypto has become a bipartisan issue in Washington as voters and lawmakers question the current financial system. Summary Armstrong frames crypto as financial access as Coinbase expands products through acquisitions and regulated derivatives. Deribit gives Coinbase a broader trading stack as more acquisition targets remain under review globally. The remarks
Disclaimer: The following blog is a proposal from the Account Abstraction team. Content may not imply consensus views, and the EF is a broad organization that includes a healthy diversity of opinion across Protocol and beyond that together strengthen Ethereum. Since the early days of Ethereum, the promise has always been bold: a global, permissionless,
Signal Reading Regime BTC Spot Above $74,500 resistance Transition To LTF Uptrend Funding Rate (aggregate) ~8–12% APR Neutral Exchange Reserves 2.21m BTC (7-yr low) Structurally bullish Whale Accumulation (30d) +270,000 BTC Highest since 2013 ETF Flows YTD +$2.3bn (flipped positive) Bullish regime shift Stablecoin Supply $320bn (+$2.54bn 7d) Liquidity expansion ICD (CME vs Deribit hedge
Kalshi has filed a federal lawsuit challenging a new Illinois law that would require prediction market platforms offering sports event contracts to obtain state licenses before operating. Summary Kalshi has sued Illinois, arguing the state’s sports prediction market law violates federal authority. The company says complying with the law would conflict with CFTC rules and
