by Michael
Key TakeawaysCryptolink cannot operate its 96 crypto ATMs for three months.AUSTRAC cited failures involving required transaction reports.The company already paid a fine and agreed to a compliance deal. Why Did AUSTRAC Shut Down Cryptolink’s 96 Crypto ATMs?... 
by Michael
Key TakeawaysThe SEC votes Aug. 14 on new crypto fundraising rules for startups and other issuers.The Senate’s Clarity Act faces a 60-vote cloture test on Sept. 15 after stalling in August.CFTC Chair Michael Selig says the agency will write crypto rules regardless of... 
by Michael
Key TakeawaysJudge Vernon Oliver held Kalshi’s sports contracts are not swaps under the CEA.Sports contracts were 80% to 90% of Kalshi’s listings and revenue, the order says.The CFTC has never reviewed a single Kalshi sports contract under its special rule. Not Swaps,... 
by Michael
Key TakeawaysKostas Chalkias says he leased a factory to build quantum-safe Sui wallet cards at scale.The target: under $10 per quantum card key and 1-2 seconds per NFC quantum signature.The move follows a Coldcard firmware flaw that drained about $130 million in BTC... 
by Michael
Key TakeawaysEmpery sold 1,635 BTC for $102.2M, cutting holdings to 1,279 BTC and shrinking liquidity.Empery’s 954 BTC pledge against $35M debt highlights growing crypto-treasury collateral risk.Empery may face a $62.1M EMHU call, with only 325 BTC unrestricted for... 
by Michael
Key TakeawaysThe FSB and MVD raided Moscow City crypto offices, disrupting 9 foreign channels and detaining over 20 people.The crackdown hit Bitriver and a Telegram-linked token, signaling strict oversight across the crypto industry.MVD investigators seek more victims... 
by Michael
Key TakeawaysBitcoin dropped 0.7% to $63,394 on Aug. 11 after Strategy sold 1,690 BTC to fund stock repurchases.Coinglass reported $34.4 million in long liquidations as hundreds of millions of dollars flowed into spot bitcoin ETFs.Bitfinex sees bitcoin bound between... 
by Michael
Key TakeawaysPeter Schiff says bitcoin is acting as gold’s inverse amid war and inflation fears.Gold traded near $4,378 an ounce on August 10, while BTC has slid below $64,000 once again.Schiff cites a 2026 gap of roughly 20 percentage points between gold and bitcoin... 
by Michael
Key TakeawaysGold crossed $4,400 on Aug. 11 before spot prices eased to $4,378.50 by noon EDT.China’s PBOC added 20 tonnes of gold in July, extending its buying streak to 21 months.U.S. CPI data is the next test as gold traders watch the $4,500 level. The metal ran as... 
by Michael
Key TakeawaysMoneygram launched Ramps on Solana on Aug. 11, with Rift as its first wallet integration.Moneygram Ramps offers cash withdrawals in more than 170 countries and territories.Solana developers can integrate Moneygram Ramps as adoption expands beyond 1... 
by Michael
Key TakeawaysRiot signed Anthropic for 191 MW through 2048, with the deal worth up to $16.1B.Riot’s artificial intelligence (AI) pivot lifted data-center revenue to $23.2M as bitcoin mining revenue fell to $113.7M.Riot plans 96 MW by Dec. 2027 and all 191 MW by June... 
by Michael
Key TakeawaysMeta promises billions of people a free personal AI agent.Zuckerberg wants labs to hand unfinished models to the government.Meta released a free AI model anyone can download and run at home. What Zuckerberg Means by ‘Invention Superpowers’ Billions of... Translate »
