Derivatives
Banking
America is creating a new class of crypto banks – but they aren’t really banks
Washington is giving crypto companies the legal shell of a bank while stripping away nearly everything consumers normally expect a bank to do.
Analysis
How a former crypto user’s archived Binance data ended up in a foreign terrorism prosecution
A user can withdraw every coin from an exchange and still leave behind years of identity and transaction history.
Regulation
SEC proposes a path for crypto projects to raise $75 million and later end the token’s securities contract
The proposal would give crypto projects a federal roadmap for raising money and eventually leaving the investment contract behind.
Politics
Just 1% of wallets control $133M in midterm odds on Polymarket, creating a dangerous illusion of mass public consensus
Election betting looks like a mass phenomenon until you count how few traders are actually responsible for most of the money.
Mining
Bitcoin crash forced Riot to pledge 1,825 BTC, but this huge rally may now free up 1,500 BTC
The same Bitcoin price mechanism that forced Riot to lock up more of its treasury during the selloff may now return much of it.
Regulation
Treasury just put a deadline on offshore stablecoins’ access to US customers
A new Treasury deadline could split the global stablecoin market into tokens Americans can buy and tokens they can only hold elsewhere.
ETF
Bitcoin grabs 77% of $1.3 billion crypto fund surge as BlackRock leads the rebound
Investors poured $1.3 billion into Bitcoin, Ethereum and Solana funds over three sessions, with more than $1 billion flowing into Bitcoin alone.
AI
AI financial advisers carry a hidden Bitcoin bias activated by a single specific switch
AI models can favor Bitcoin under crisis and machine-economy prompts, exposing a new risk for banks using automated financial advice.
Analysis
Why crypto ‘audited’ badges are giving investors a dangerous false sense of security
Nearly half of crypto’s exploit losses began beyond the code that conventional smart-contract audits were designed to inspect.
Exchanges
Four years after FTX, crypto exchanges still prove assets without proving solvency
Four years after FTX, major crypto exchanges can prove they hold billions in customer assets while leaving their debts, collateral claims, and corporate obligations largely out of view.
Analysis
Bitcoin’s first institutional bear market is starting to take shape and draining liquidity
Bitcoin’s institutional bear market is unfolding through ETF redemptions and treasury-company sales.
Digital Asset Treasuries
The US says it has a Bitcoin reserve, but nobody can agree on how much it owns
America built a Bitcoin reserve around an asset anyone can trace, then made its own holdings impossible to verify.
