Bernstein expects ‘aggressive’ rulemaking from SEC, CFTC, following CLARITY Act failure
Bernstein said the federal agencies will publish new regulations to compensate for the time lost negotiating the CLARITY Act, after its cloture vote failed on Tuesday.
Circle launches Arc mainnet with USDC as native gas token
Circle’s Arc mainnet is live with USDC for transaction fees, support for more than 20 fiat stablecoins and links to over 20 blockchains.
Zcash holders back 25-second blocks, vote to keep ZEC halving schedule
Nearly 99% of ZEC holders voted to reduce block times to 25 seconds, while keeping ZEC issuance and halving schedules unchanged.
Italy investigates government email breach linked to Revolut data leak
Italy is probing the Revolut-linked breach after its cyber agency reported more than 650 cases involving abused or illicit certified email accounts.
Ethiopia cuts Bitcoin miners’ power by 77% amid hydropower shortage: Report
Bitcoin miners generated 35% of the state-owned power producer’s revenue last year, but declining reservoir inflows led the utility to prioritize households and manufacturers.
Deutsche Bank awaits regulatory nod to launch institutional crypto custody solutions
Germany’s largest bank is awaiting regulatory approval to launch institutional custody solutions for Bitcoin, Ether and select stablecoins before expanding into tokenized assets.
Bitcoin Coinbase Premium hits monthly low as CLARITY Act vote squeezes US demand
Bitcoin exchange demand on Coinbase declined after the US Senate voted against the CLARITY Act, while traders sent BTC to exchanges at an unrealized loss.
ECB seeks online merchants for 2027 digital euro pilot
Euro-area online and mobile merchants can apply until Oct. 27 to test beta digital euro payments in a 12-month pilot.
AI has been a ‘net negative’ for crypto: Phemex CEO
Federico Variola says AI has diverted capital from crypto and is empowering attackers, while rising cybersecurity costs could push the industry toward greater centralization.
Bitcoin ETFs shed $450M in biggest outflow since June
The $450 million withdrawal came as Bitcoin fell 2.5% and the CLARITY Act failed to advance in the Senate, with Fidelity and BlackRock funds leading the outflows.