Federal Reserve Vice Chair for Supervision Michelle Bowman has called for banks to embrace blockchain technology or risk losing relevance. At the Wyoming Blockchain Symposium on Aug. 19, Bowman emphasized that regulators and banks must adopt a more proactive approach to the crypto industry. She pointed out that integrating these new innovative technologies would be crucial […]
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Circle’s upcoming Arc blockchain will debut with direct institutional access through Fireblocks, positioning the stablecoin issuer for a stronger foothold as competition in the sector accelerates. New York–based Fireblocks, which provides custody and tokenization infrastructure to more than 2,400 banks, asset managers, and fintech firms, confirmed it will support Arc from launch. The early integration […]
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Qubic is attempting to change Monero forever. In the meantime, the AI protocol is prepping for its next target: Dogecoin.
Solana processed more than 100,000 transactions per second during a recent stress test, marking a new milestone in the network’s scaling efforts. The mainnet block briefly peaked at 107,540 TPS through high-load “noop” program calls, according to data shared over the weekend, showing the upper bound of Solana’s current infrastructure. Developers clarified that the test […]
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Google Play Store introduced licensing requirements for cryptocurrency wallet applications across 15 jurisdictions, including the US and the EU. According to a report by the Rage, developers must obtain regulatory approvals before publishing apps on the platform. Furthermore, the policy requires software wallet developers to comply with local financial regulations “to ensure a safe and […]
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Andreessen Horowitz (a16z) and the DeFi Education Fund have urged the US Securities and Exchange Commission (SEC) to create a “Safe Harbor” program for decentralized application (dApp) trading platforms. In an Aug. 12 letter to SEC Commissioner Hester Peirce, the groups wrote that a clear framework would keep builders of non-custodial interfaces from being treated […]
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After a brief ban on X over Gaza genocide claims, xAI’s chatbot has returned, flagging antisemitism in clouds, potatoes, and its own logo.
Monero is facing a purported 51% attack from an AI protocol called Qubic, which is claiming success—but experts aren’t convinced.
USDC stablecoin issuer Circle has announced plans to launch Arc, its own enterprise-focused Layer 1 blockchain, according to an Aug. 12 statement. According to the firm: “Arc aims to establish itself as foundational infrastructure for regulated money movement, supporting a globally distributed financial system.” Circle said Arc will integrate fully with its existing platform while […]
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The privacy-focused Monero blockchain has suffered a 51% attack, meaning the network is not controlled by a single entity. On Aug. 12, Sergey Ivancheglo, known in the crypto community as “Come-from-Beyond” (CFB), claimed on X that Qubic had surpassed 51% of Monero’s network hash rate, saying: “Looks like Qubic has achieved 51% over Monero, we […]
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Ethereum Foundation (EF) Co-Executive Director Tomasz Stańczak has urged developers to redirect their attention toward the upcoming Fusaka upgrade, warning that focus on the later Glamsterdam release could jeopardize near-term progress. In an Aug. 8 update on X, Stańczak said he had advised project coordinators to pause discussions about Glamsterdam. That upgrade is not expected […]
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Chainlink has introduced the Chainlink Reserve, a new onchain treasury designed to accumulate its native token LINK using revenue from both enterprise clients and blockchain services. The initiative aims to support the long-term sustainability of the Chainlink Network by converting off-chain and on-chain payments into LINK through its recently expanded Payment Abstraction infrastructure. In its […]
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PancakeSwap has introduced futures contracts tied to major U.S. stocks, enabling users to trade synthetic versions of Apple, Amazon, and Tesla shares directly on the blockchain, according to an Aug. 5 release. The new feature, live from Aug. 5, allows crypto users to open leveraged long or short positions using only a self-custodied wallet. Trades […]
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Ethereum is steadily positioning itself as a stronger contender to Bitcoin in the race for dominance as a store of value, according to analysts at VanEck. This shift is driven by the growing adoption of digital asset treasuries (DATs), which increasingly favor Ethereum and Bitcoin among global corporations. ETH treasuries Initially, Bitcoin was the primary choice for digital […]
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Cardano privacy-focused sidechain Midnight Network has opened the Claim Phase of its NIGHT tokens. Dubbed “Glacier Drop,” this phase will distribute NIGHT tokens to eligible wallets across eight blockchain ecosystems, according to an August 5 announcement. The launch follows publication of Midnight’s tokenomics paper earlier this summer, which set out the network’s distribution model and […]
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Ethereum co-founder Vitalik Buterin and researcher Anders Elowsson have introduced a proposal to overhaul how users pay for transactions on the network. The plan centers around a unified multidimensional fee market, designed to simplify fee calculation and improve economic efficiency across the Ethereum ecosystem. The proposal arrives during a period of low network fees. Over […]
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A digitally generated avatar of Parkland victim Joaquin Oliver appeared on Jim Acosta’s show, prompting debate over the ethical use of AI.
North Korean operatives have breached crypto firms’ cloud systems using fake IT job offers and malware, stealing billions this year.
Chainlink has introduced a new product called Data Streams, which delivers live pricing data for major US equities and exchange-traded funds (ETFs) directly onto blockchain networks. According to an Aug. 4 statement, Data Streams is designed to offer live, low-latency data on major US stocks and ETFs, including popular assets like SPY, QQQ, NVDA, AAPL, […]
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Coinbase has urged US lawmakers to modernize the Bank Secrecy Act (BSA) by incorporating Zero-Knowledge Proofs (ZKPs) into the country’s financial compliance framework. In an Aug. 4 statement, Coinbase’s Chief Legal Officer Paul Grewal argued that ZKPs could enhance financial transparency while simultaneously protecting consumer privacy. Why Zero-Knowledge Proofs? According to him, the existing Know-Your-Customer […]
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Charles Hoskinson, the founder of Cardano, has publicly defended his influence on the blockchain network’s development following growing criticism. In an Aug. 3 post on X (formerly Twitter), Hoskinson addressed the negative claims suggesting that his leadership was detrimental to Cardano’s progress. Hoskinson pointed to the success of his other project, Midnight, highlighting its significant […]
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Ethereum co-founder Vitalik Buterin has outlined a new approach to improve the network’s speed and scalability by rethinking how block finality is structured. In an August 1 blog post, Buterin proposed separating Ethereum’s fork choice mechanism from its finality process, which he believes could simplify the protocol and enable faster block confirmations. Ethereum’s consensus currently […]
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The Algorand Foundation has released a sweeping new roadmap to revive its ecosystem and push blockchain adoption into everyday life. Announced on July 31, the 2025+ roadmap is a strategic pivot meant to reassert Algorand’s relevance in a market increasingly dominated by competitors like Solana and Ethereum. According to CEO Staci Warden, the Foundation is […]
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The Philippine government has officially launched a blockchain-based system to verify government documents on the Polygon network as part of a broader initiative to modernize public services and improve trust in state-issued records, local media reported on July 31. The new platform, introduced on July 30 by the Department of Budget and Management (DBM), allows […]
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Ethereum researcher Justin Drake unveiled the “Lean Ethereum” proposal on July 31 that reframes the base layer around the imperatives of survivability against nation-state and quantum threats and orders-of-magnitude performance gains without sacrificing decentralization. The new guidelines were dubbed “fort mode” and “beast mode,” respectively. Published on the Ethereum Foundation blog, the vision argued that […]
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Blockstream launched Simplicity on the Liquid Network, enabling smart contract programability on Bitcoin’s infrastructure. According to a July 31 announcement, the idea was first proposed in 2017 by researcher Russell O’Connor. Simplicity was designed as a clean-slate smart contract language that is more expressive than Bitcoin Script yet tighter and safer than general-purpose platforms. With […]
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Polygon’s proof‑of‑stake (PoS) network suffered a one‑hour outage on July 30 that disrupted apps and users. According to Polygon CEO and founder Sandeep Nailwal, the incident did not stop block production. However, QuickNode Status reported that block production stopped for one hour at block height 74,592,238, echoing other reports made by users on X. Consensus […]
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Ten years ago, Ethereum was little more than an idea on Reddit. Today, it stands as one of the most significant technological innovations in modern finance. Co-founded by Vitalik Buterin in 2013, Ethereum began with a vision to move beyond Bitcoin’s perceived limitations. Ethereum’s early days That vision sparked interest from fellow technologists, including Gavin […]
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Coinbase has entered a new agreement with JPMorgan Chase, according to a July 30 statement, to expand crypto access for the bank’s 80 million customers. The partnership will allow Chase users to interact with digital assets directly through Coinbase-linked services, starting later this year. Beginning in the fall, Chase credit card holders will be able […]
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Ripple’s Chief Technology Officer, David Schwartz, has revealed that regulatory risks are the main reason why the company and its partners have not embraced the XRP Ledger’s decentralized exchange (DEX) for payment settlements. The statement came in response to a user on X (formerly Twitter) who questioned the DEX’s underwhelming activity despite Ripple’s wide-ranging institutional […]
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