by Michael
Key TakeawaysPolish energy firm Orlen lost up to $424 million after a $230 million USDT advance for Venezuelan crude vanished via intermediaries.The failure highlights major counterparty risks when using tether as an off-ledger payment system for commodities.Three... 
by Michael
Key TakeawaysSeven Democratic senators renewed their commitment to the CLARITY Act.The Senate rejected cloture on H.R. 3633 in a 49-50 vote.Lawmakers say bipartisan negotiations will continue after the setback. Democratic Senators Renew CLARITY Act Push The push for... 
by Michael
Key TakeawaysAlderoty stressed that the 2023 federal court ruling established XRP is not a security.He pointed to SEC-CFTC guidance naming XRP a digital commodity.Alderoty expects future SEC and CFTC rulemaking to provide clearer crypto rules. Alderoty Says Ripple and... 
by Michael
Key TakeawaysRevolut reportedly sent records on 680 users after criminals posed as officials through a real Italian email system.The hacking syndicate dubbed Iamnotavillain demanded 6,000 monero (XMR), about $3 million, after obtaining Revolut customer files.... 
by Michael
Key TakeawaysBitcoin’s price fell below $75,000 as a failed CLARITY Act vote in Congress sparked over $140 million in liquidations.Crypto markets remain volatile while investors brace for a potential 25-basis-point Federal Reserve rate hike.Michael Saylor and Solowin... 
by Michael
Key TakeawaysRipple says the failed Senate CLARITY Act vote does not change XRP’s established legal position.Demand continues across payments, stablecoins and institutional markets, according to Ripple.The company’s customers, global footprint and ability to expand... 
by Michael
Key TakeawaysSaylor expects federal agencies to advance crypto rules under existing law.He sees banks expanding bitcoin custody and BTC-backed lending.The SEC and Treasury are already advancing separate crypto rulemaking. Saylor Says Bitcoin Progress Does Not Depend... 
by Michael
Key TakeawaysX added a Trade button to Cashtags, linking U.S. users to five brokerages and crypto exchanges.The move could turn market chatter into faster trades, tightening the link between social media and execution.X may deepen its role as a market gateway without... 
by Michael
Key TakeawaysGarlinghouse says there is still reason for optimism after the CLARITY Act failed to advance.He expects the SEC and CFTC to continue developing crypto rules.The CEO says the failed vote does not change the company’s momentum, customers or global... 
by Michael
FACTBLOCK, the organizer of KBW2026, announced on September 9 that Upbit, 0G, BRV, Stable, Tria and BitGo will participate as key sponsors of this year’s event. Beyond brand partnerships, CEOs and founders from the participating companies will also take the stage as... 
by Michael
Key TakeawaysThe Federal Reserve raised rates 25 basis points after 1,148 days without a hike.The FOMC voted 12-0 as inflation remained above the Federal Reserve’s 2% goal.The Federal Reserve’s next move now hinges on inflation, employment and growth. The Fed Just... 
by Michael
Key TakeawaysCoinbase CEO Brian Armstrong said Tuesday’s failed vote was disappointing, but crypto can’t sit around waiting on Congress.Chair Atkins and Selig said the SEC and CFTC are ready to move ahead with crypto rules after Tuesday’s vote.Circle boss Jeremy... Translate »
