SEC proposal would let crypto projects raise funds without full securities registration
A 400-page SEC proposal set for a Friday meeting could allow crypto projects to raise capital without registering as securities, which would be a major shift in
odaily.news · +14 outlets
South Korea sentences Delio CEO to 15 years for $50 million crypto fraud
The CEO of South Korean crypto lender Delio was sentenced to 15 years in prison for defrauding investors of $50 million, less than the 20 years prosecutors soug
The Block · +2 outlets
Standard Chartered-backed Anchorpoint begins HKDAP stablecoin rollout in Hong Kong
The Hong Kong dollar stablecoin HKDAP, backed by Standard Chartered, begins institutional rollout following regulatory approval in Hong Kong's digital currency
The Block · +10 outlets
MegaETH launches with 10,000 TPS, debuts MEGA token with 5.3B supply for performance rewards
MegaETH went live as a high-performance Layer 2, claiming 10,000 TPS, and introduced its MEGA token allocating 5.3 billion tokens for performance incentives.
Yellow.com
Bitcoin dips under $64,000 as in-line CPI keeps Fed patient
Bitcoin fell below $64,000 after July CPI matched forecasts at 3.4%, with analysts saying the print gives the Federal Reserve no urgency to cut rates.
The Block · +6 outlets
Goldman Sachs to gain bitcoin and ether income ETFs via Neos acquisition worth up to $2.25B
Goldman Sachs would acquire Neos Investments, bringing in three crypto income ETFs including the Bitcoin High Income ETF and Ethereum High Income ETF.
The Block · +14 outlets
Bitwise CIO says crypto valuations could double as DeFi embraces revenue-driven token buybacks
Bitwise's CIO argues the market is repricing as decentralized finance protocols adopt token buybacks funded by actual revenue, potentially doubling valuations.
The Block
Ethereum staking climbs to 34% as EIP-8361 proposal targets validator rewards taper
Ethereum's staking ratio reached 34%, while a new proposal (EIP-8361) would destroy an increasing share of validator rewards as more ETH is staked.
The Block · +1 outlets
SEC clears Franklin Templeton funds to use onchain BENJI system for cash management
The SEC issued a no-action letter allowing Franklin Templeton's traditional registered funds to invest in its onchain BENJI/FOBXX money market fund.
The Block · +3 outlets
Hyperliquid treasury Hyperion triples quarterly profits as HYPE holdings rise to $133M
Hyperion, the treasury arm of Hyperliquid, saw quarterly profits triple and its HYPE token holdings grow to $133 million from $71 million in Q1.
The Block · +2 outlets
Mirae Asset to inject additional $35M into Korbit after July acquisition
South Korean financial giant Mirae Asset plans to add $35 million to Korbit exchange following its $91.5 million acquisition of a 97.15% stake in July.
The Block
Blockchain Association backs Custodia's Supreme Court bid for Fed master account access
The industry group filed in support of Custodia Bank's Supreme Court petition, arguing lawful digital asset businesses deserve equal access to the Federal Reser
The Block · +3 outlets
New York City Council opens probe into prediction market platforms
The NYC Council investigates prediction market platforms over alleged false, deceptive, or abusive marketing tactics targeting consumers.
The Block · +14 outlets
Australian regulator takes down Yepbit websites as investors report blocked withdrawals
ASIC shut down Yepbit's websites and rejected the platform's false claims that the regulator had frozen investor funds.
The Block · +2 outlets
Polymarket hires former Uber and Bird exec Travis VanderZanden as chief growth officer
Polymarket taps the blitzscaling veteran behind Uber, Lyft, and Bird to drive growth at the prediction market platform.
The Block · +13 outlets
Kalshi becomes first prediction market to stream full order books via DoubleZero
Kalshi gives institutional traders direct Level 1 and Level 2 data access through the DoubleZero network, eliminating the need to reconstruct books from APIs.
The Block · +11 outlets
River Markets raises $8.5M seed led by Haun Ventures for prediction market trading tools
River Markets secured $8.5 million in seed funding from Haun Ventures and others to build Wall Street-grade infrastructure for prediction market trading.
CryptoRank · +6 outlets
BitGo revenue jumps 80% to $4.3B in Q2 but posts $19M net loss
The crypto custodian saw revenue soar to $4.3 billion in Q2, but swung to a net loss of $19 million from net income of $38.3 million a year earlier.
The Block · +2 outlets