Everything web3, crypto, defi, degen
In brief Sen. John Kennedy (R-LA) said the Senate is “not ready” for sweeping crypto market rules, warning lawmakers still have “a lot of questions.” Sen. Tim Scott (R-SC), chair of Senate Banking, has insisted on a September 30 markup, despite pushback from Democrats and fellow Republicans. Policy experts say rushing a “full leap” bill…
In brief Two technicians were arrested for allegedly setting up eight illicit crypto mining rigs. Running the hidden mining rigs inflated monthly electricity bills for care homes. Illegal crypto mining has become a growing problem globally. Hong Kong police have detained two men on suspicion of diverting electricity from care homes for the disabled to…
In brief The SEC pushed back its deadline on staking in the BlackRock iShares Ethereum Trust to October 30, a 45-day delay. The regulator also delayed its decision on Franklin Templeton XRP and Solana funds by 60 days to November 14. In recent weeks, the agency has postponed decisions on rule change requests that would…
A large-scale hacking exploit targeting JavaScript code with malware that raised alarms earlier this week has managed to steal only $1,043 in cryptocurrency, according to data from Arkham Intelligence.Cybersecurity researchers at Wiz published analysis of a “widespread” supply chain attack yesterday, writing in a blog post that bad actors used social engineering to gain control…
In brief Chainlink is expanding partnerships with U.S. agencies to bring more government functions on-chain beyond their current Department of Commerce collaboration. The company is starting with feeding public economic data into crypto markets, but has longer-term goals of bringing U.S. elections onto blockchain systems. Nazarov says blockchain election verification technology is ready, but implementation…
In brief Metaplanet has finalized a $1.45 billion international share sale on Sept. 10. Most of the proceeds are allocated to Bitcoin purchases and income-generation operations. The company now holds 20,136 BTC worth $2.25 billion, making it the sixth-largest public corporate holder globally. Metaplanet is betting bigger on Bitcoin.The Tokyo-listed firm has locked in a…
In brief Shares in digital advertising firm QMMM Holdings jumped nearly 1,750% after announcing a digital assets treasury plan. The firm anticipates starting with $100 million fund focused on Bitcoin, Ethereum, and Solana. It will also seek out investments with Web3 infrastructure projects and “high-quality cryptocurrency assets.” Shares in digital advertising firm QMMM Holdings (QMMM)…
Prediction market PredictIt, which started out as an academic platform focused on political forecasts, is preparing to launch a new exchange after getting the nod from the Commodities Futures Trading Commission.PredictIt, operated by the D.C.-based Aristole, said last week that the CFTC approved its applications to operate as both a designated contract market, or DCM,…
In brief New Center Stage camera adds smarter framing, 4K HDR, and dual capture across iPhone 17 models. iOS 26 brings on-device AI tools, including live translation, smart screenshots, and spam filters. Final Cut Camera 2.0 adds ProRes RAW, genlock, and Apple Log 2 to iPhone 17 Pro for pro video work. Apple’s new iPhone…
In brief AI could speed up “Q-Day,” when quantum computers break today’s encryption—threatening crypto, cybersecurity, and global finance. Experts warn “Q-Day” may hit by 2030, as AI accelerates quantum advances that could crack RSA, ECC, and the backbone of blockchain security. Quantum + AI may soon outpace current encryption, raising urgent risks for crypto, banks,…
