Block has applied to establish an uninsured U.S. national trust bank that would place some of its Bitcoin, stablecoin and digital asset custody operations under direct federal supervision. Summary Block has applied to the OCC to establish Builders Bank & Trust as an uninsured national trust bank. Builders Bank would provide custody and fiduciary services
The Bitcoin News app has an AI tab, and it is not the kind of AI you are used to. AI is a built-in assistant that answers your bitcoin and crypto questions in plain language. It was trained on Bitcoin.com News reporting, and it runs entirely on your phone. No internet needed once it has downloaded.
During Devconnect Buenos Aires, the Ethereum Foundation and Secureum TrustX brought together Ethereum security practitioners for Trillion Dollar Security Day, a focused event exploring what it would take to securely support a trillion-dollar Ethereum economy. The event brought together around eighty participants from across the Ethereum Security Ecosystem—spanning Infrastructure, Interoperability, Layer 1 & 2, Onchain,
Kalshi has lost an emergency injunction request at the 10th Circuit, leaving Utah free to enforce its gambling laws while the prediction market operator pursues its appeal. Summary The 10th Circuit denied Kalshi’s request for an injunction pending appeal. Utah may now bring civil or criminal enforcement action against the prediction market operator. States have
The EF’s Academic Secretariat team is proud to announce the launch of the inaugural PhD Fellowship Program, a pioneering initiative aimed at empowering and expanding the frontiers of Ethereum-related academic research, by supporting Ethereum-related academic work led by PhD students. Round Scope The scope of this round includes work that is broadly relevant to students
Republican Senator Cynthia Lummis has again slammed Democrats over the long-awaited crypto Clarity Act. Writing on X on Tuesday, the pro-crypto lawmaker responded to an article from Semafor that reported Republican senators saying the bill was likely to fail when the senate returns next week. Lawmakers were hoping a crucial vote on the long-awaited crypto
Traditional digital asset returns often rely on price increases. Whether it’s XRP, BTC, or other crypto assets, prices are influenced by various factors such as market sentiment, liquidity, and policy environment. Therefore, solely relying on price increases for returns carries significant market volatility risk. Summary XRPPower offers short and long term digital asset service plans
Today, we are announcing a transition in the executive leadership team at the Ethereum Foundation. After extensive contributions to the Foundation’s mission and operations, Tomasz Stańczak has decided to step down from his role as Co-Executive Director. The Foundation’s Board has appointed Bastian Aue to serve as interim Co-Executive Director, effective immediately. Tomasz joined the
Bit2Me launches Bit2Shield to help police trace, secure and liquidate seized crypto. Chainalysis identified 29,120 crypto addresses and digital identifiers in August. Bit2Shield expands Bit2Me’s role in institutional crypto custody and asset recovery. Spain’s largest cryptocurrency exchange, Bit2Me, has launched Bit2Shield to help authorities trace, secure, and liquidate seized digital assets. The new unit formalizes
BitMine Immersion Technologies has purchased 28,086 ETH worth about $70.1 million, raising its Ethereum treasury to 5.93 million tokens as Chairman Tom Lee predicts further gains for the asset. Summary BitMine acquired 28,086 ETH last week, lifting its holdings to 5,929,198 tokens. The company now owns 4.9% of Ethereum’s estimated 122 million-token supply. More than
