Senate Republicans have released updated CLARITY Act text ahead of the September 15 procedural vote, adding new rules for non-decentralized DeFi protocols and clarifying how credit unions can deal in crypto. The changes reflect weeks of negotiation over the August recess, but they leave untouched the ethics provisions that have stalled Democratic support for the […]
Hardware wallet maker Trezor said its third-party provider was breached and warned users that an email titled “Critical Security Alert: STM32 Entropy Vulnerability” was not sent by the company but was instead a phishing attempt. The company urged users not to click any links. Trezor Phishing Scam In an update on X, Trezor said it […]
Ethereum is targeting a quantum-resistant Layer 1 by December 2029, with the Ethereum Foundation’s Protocol cluster laying out a multi-fork plan as Hegotá enters its scoping phase. Post-quantum security sits alongside privacy, faster finality, state management and zkEVM development, while the next upgrade faces strict limits on additional scope. Ethereum Sets 2029 Deadline for Quantum […]
Bitcoin Layer 2 network Liquid Network has reported a security incident in which purported white-hat hackers withdrew approximately 4,000 BTC, worth $320 million, from the Liquid Federation wallet. Blockstream is attempting to contact the parties involved through a signed on-chain message. Network Bug Must Be Fixed First In an update, Liquid said the funds were […]
Following last Friday’s strong US jobs report and the subsequent odd increase in expectations for an upcoming Fed rate hike, risk-on assets are entering the final week before the crucial FOMC meeting scheduled for September 15-16. In the coming days, inflation data is likely to determine whether BTC continues its recovery or faces another major […]
Bitcoin’s gradual price recovery after Friday’s dip below $77,000 continues into the weekend, with the asset barely moving past $78,000 today. Most larger-cap alts have posted minor gains as well, but ETH remains below $2,500, BNB is still beneath $700, and XRP keeps fighting for $1.40. BTC Taps $78K The price explosion that took place […]
Bitcoin’s price rally that drove it past $81,000 on a couple of occasions in the past week came to a halt after the hawkish stance by the new Fed Chair displayed yesterday, and the asset slipped to a five-day low of under $77,000. Most altcoins followed suit, posting 3-5% daily declines. Ripple’s XRP, which recently […]
Bitcoin’s rally from under $65,000 to over $81,000 faced its first major macro setback after Fed Chair Kevin Warsh delivered a hawkish message at Jackson Hole on Friday. The bigger question now is whether potentially higher rates and rising Treasury yields can derail the impressive market recovery. Although BTC remained relatively stable during the speech, […]
After one bitcoin’s most volatile and impressive weeks, the cryptocurrency market has turned its attention to important US macro news to be announced in the next five days. The analysts at the Kobeissi Letter highlighted several such events scheduled next, but three stand out for the crypto industry: the July PCE inflation report, revised second-quarter […]
The cryptocurrency market is on the move again, but this time the altcoins have taken the spotlight. Ripple’s XRP has reemerged from the $1.00 support and skyrocketed past $1.65 for the first time in many, many months, surpassing BNB on the way. Meanwhile, bitcoin has rebounded from the dip to $76,200 and sits well above […]