Although the CFTC chair did not say the failed vote on the CLARITY Act was behind new rules for authorized crypto entities, he said the move was “to provide regulatory clarity.“ Read More at https://cointelegraph.com/news/cftc-digital-assets-regulation-failed-clarity-vote?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Category Archives: Uncategorized
Bitcoin price steadies, ONDO rallies as US Treasury yields hit 2007 highs
US Treasury yields hit a 19-year high on Thursday, pressuring risk assets as Bitcoin held near $84,000 and ONDO became top performer among altcoins. Read More at https://cointelegraph.com/markets/bitcoin-steadies-ondo-rallies-us-treasury-yields-hit-2007-highs?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
DoubleZero brings dedicated fiber market data to Hyperliquid traders
DoubleZero launched a dedicated fiber market data feed for Hyperliquid, giving professional trading firms faster access to its full order book. Read More at https://cointelegraph.com/news/doublezero-brings-dedicated-fiber-market-data-hyperliquid-traders?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Crypto treasury model loses its edge as stock premiums fade: DWF
Most DATs now trade below the value of their crypto holdings, weakening a financing model that once helped companies expand their balance sheets. Read More at https://cointelegraph.com/news/crypto-treasury-firms-below-nav-sequans-bitcoin-exit?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Sequans exits Bitcoin treasury strategy after selling remaining 314 BTC
The France-based semiconductor company has fully unwound a Bitcoin treasury that once held more than 3,200 BTC as more firms scale back crypto holdings. Read More at https://cointelegraph.com/news/sequans-exits-bitcoin-treasury-strategy-after-selling-remaining-314-btc?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
SoFi tie-up shows stablecoins can provide alternative blockchain settlement rail
SoFi dives deeper into payments as it moves its entire card program to blockchain-based settlement using its SoFiUSD stablecoin, with more than $25 billion in expected annualized volume. Read More at https://cointelegraph.com/news/sofi-moves-25b-card-program-to-stablecoin-settlement-with-mastercard?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
New York sues Polymarket over alleged illegal gambling business
The action filed by state lawmakers followed a similar lawsuit against prediction markets company Kalshi in July that alleged the platform was running an illegal gambling operation. Read More at https://cointelegraph.com/news/new-york-polymarket-illegal-gambling-operation-lawsuit?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
IBM opens beta Swift ledger link for 24/7 tokenized deposits
IBM’s beta link lets banks instruct tokenized deposit transfers on Swift’s ledger using existing payment messages and compliance processes. Read More at https://cointelegraph.com/news/ibm-banks-swift-ledger-tokenized-deposit-transfers?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Solana Foundation hires ex-Binance CMO and payments exec as new partnerships expand
Rachel Conlan will oversee institutional partnerships and ecosystem growth, while Jamal Raees will focus on stablecoins and tokenized deposits, following a wave of new partnerships. Read More at https://cointelegraph.com/news/solana-foundation-binance-cmo-payments-executive?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
HIFI raises $37M to expand stablecoin payments, tokenized markets
HIFI CEO Zach Walsh told Cointelegraph the $37 million Series A is the company’s first priced funding round, though HIFI did not disclose its valuation. Read More at https://cointelegraph.com/news/hifi-raises-37m-to-expand-stablecoin-payments-tokenized-markets?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound