Crypto News
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Crypto
73 stories in this section
Bitcoin stays below $80,000 as yen strength raises carry-trade concerns
Bitcoin stayed below $80,000 as it tracked lower with US stocks amid Iran-related escalation. Yen strength near 153 per dollar and comments linked to Treasury Secretary Scott Bessent fueled concerns about a possible yen carry-trade unwind.
Crypto groups challenge Illinois 0.2% tax ahead of January start
CCI and the Blockchain Association are seeking to block Illinois’ planned 0.2% crypto tax before its January effective date, arguing that the measure is unconstitutional and would impose costly compliance burdens.
Bitcoin and Ethereum Face a Quantum-Readiness Race as U.S. Supports $300M Hardware Effort
Bitcoin and Ethereum’s quantum-security planning is converging with a U.S.-backed $300 million hardware push. CoinDesk says the current threat is not immediate, but both timelines increasingly point toward 2029.
Silvergate former CEO says Biden pressure led to 2023 wind-down
Silvergate former CEO Alan Lane blamed what he called a Biden administration “coordinated attack” for making continued operations untenable and prompting the bank’s liquidation in 2023, according to Cointelegraph.
Bitcoin slips as yields rise after Treasury buyback announcement
Bitcoin slipped as Treasury yields moved higher after a Treasury buyback announcement, while the Japanese yen extended its rally and briefly strengthened past 153 per U.S. dollar, CoinDesk reported.
Metaplanet’s Bitcoin expansion puts executive share plan under scrutiny
Metaplanet shareholders are seeking to cancel roughly 273 million potential shares added to an executive options pool that grew from 46 million to 319 million as the company issued equity to finance Bitcoin purchases.
Visa Expands Stablecoin Cards With Onchain Credit
Visa is incorporating onchain credit into its stablecoin card business while combining VisaNet settlement data with blockchain lending. Cointelegraph reports that stablecoin payment volume on Visa’s network has risen nearly 200% year over year.
Bitcoin rally may have further room as volatility shorts unwind, Two Prime CEO says
Two Prime CEO Alexander Blume says Bitcoin’s rebound may have more room as volatility shorts unwind. Subdued funding rates and ongoing call selling suggest the move is not being driven by excessive speculation.
Liquid Recovers 3,400 BTC After Bitcoin Theft, While Bridge Outage Remains Listed
Liquid recovered 3,400 BTC on Sept. 7 after a hacker reportedly took $47 million in Bitcoin. The federation wallet was replenished, but Blockstream still listed a public bridge outage the next morning.
Ledger CTO calls for responsible AI bug disclosures and cautions against attention farming
Ledger’s CTO called for responsibility in AI-assisted bug hunting and warned against “attention farming.” Ledger and Trezor said researchers should publish findings if vendors fail to fix vulnerabilities within an agreed disclosure window.
Bernstein Sees Robinhood Chain Fees Reaching $160M by 2028
Bernstein analysts project that the Robinhood chain could produce $160 million in annual fees by 2028, citing rising demand for tokenized stock trading, Cointelegraph reports.
Cronos says $9.2 million moved off-network before Tectonic rollback
Cronos’s post-mortem said the Tectonic exploit affected $120.4 million in borrowing, with 7.6%, or about $9.2 million, transferred off-network before validators intervened and the rollback took place.