by Michael
Key TakeawaysLAPTOP memecoin tumbled 99% from its Sept. 9 peak of $199.51 following widespread rug-pull allegations.Critics caution that high-profile token launches risk triggering harsh legal action against the crypto industry.Bubblemaps launched a pre-screening feed...
by Michael
Key TakeawaysU.S. prosecutors seek forfeiture of about $61 million in USDT.The broader network allegedly moved more than $1.5 billion.Two Chinese companies allegedly used Binance accounts in the scheme. US Targets $61M in Tether From Alleged Iranian Oil Network More...
by Michael
Key TakeawaysGrayscale’s XRP ETF ranks among the three largest allocations in both the Leaders and Next Gen models.The XRP ETF commands 26.11% of the Next Gen portfolio, second only to Grayscale’s ether ETF.The broader Leaders model places the XRP ETF behind only...
by Michael
Key TakeawaysAtkins wants SEC rules to permit adviser self-custody under conditions.State trust companies could also qualify to hold crypto assets.Custody would become one pillar of a broader SEC crypto framework. Atkins Wants Advisers to Self-Custody Crypto Assets...
by Michael
Key TakeawaysXRP branding will appear permanently on Louisville’s home basketball court.The Ripple deal covers both Louisville men’s and women’s basketball.Ripple will also support finance and technology education at the university. XRP Logo Gets Permanent Place on...
by Michael
Key TakeawaysThe Senate failed to invoke cloture on the motion to proceed to the CLARITY Act.Grayscale said the result was “not the outcome we hoped for” but pointed to continued regulatory work at the SEC and CFTC.The vote came one day after Republicans released a...
by Michael
Key TakeawaysThe meme coin project Baby Doge bought Limewire. The news is basically an unexpected pairing of the meme coin flavor and an early internet icon.BABYDOGE is down 42.7% in 2026, while LMWR has lost 64.3%, so the market isn’t celebrating the move at...
by Michael
Key TakeawaysEthiopian Electric Power (EEP) cut bitcoin miners to 23% of contracted power after reservoir inflows fell 20%.Ethiopia’s miners used roughly a third of electricity while generating 35% of EEP revenue.EEP will reassess miners in October, with deeper cuts...
by Michael
Key TakeawaysThe CLARITY Act fell 11 votes short Tuesday, losing its cloture vote 49-50.H.R. 3633 stays on the Senate calendar, allowing John Thune to try cloture again.Congress can revisit the CLARITY Act, but January 2027 brings a legislative reset. The Senate Never...
by Michael
Key TakeawaysTokenized RWAs reached $46.7B, up 17.4x in three years as credit, gold, and stocks expanded.Ethereum still holds 49.6% of RWAs, but Solana and Robinhood Chain are gaining fast.Growth depends on RWAs gaining deeper DeFi use, liquidity, and secondary-market...
by Michael
Key TakeawaysCLARITY Act cloture failed Sept. 15 after the opposition reached 41 votes.Mitch McConnell returned to Washington and voted to advance H.R. 3633.CLARITY Act sponsors offered 126 changes, but Democrats still balked. The CLARITY Act Finally Reached the...
by Michael
Key TakeawaysRobinhood engineers Chai and Xiang allegedly traded ahead of token listings in 2025 and 2026.Hyperliquid perpetuals allegedly turned Robinhood’s confidential listing plans into $50,000-plus profits.Chai and Xiang each face charges carrying maximum prison... Translate »