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.
Sentiment: Neutral
Latest stories
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.
Market
Bitcoin hits $80,000’s doorstep just as the ETF bid disappears for the weekend
Bitcoin enters the weekend near $80,000 after $1.6 billion in ETF inflows and billions in short liquidations.
Gaming
Illuvium says six months of cuts bought it another year as MMO becomes its main remaining bet
Warwick says six months of cost reductions restored runway, but the studio has not published its current burn.
Technology
Ethereum researchers are racing to close a zkEVM security gap before December
The better.codes contest puts Ethereum’s abstract security target against live certificates, but its score covers only koalaIRS12.
Stablecoins
Trump-backed $4 billion USD1 stablecoin has wallet powers its own GitHub does not show
Justin Sun says USD1 can move funds from frozen wallets without holder consent as World Liberty seeks final bank approval.
ETF
The latest $1.61 billion crypto ETF surge risks grinding to a halt against a 30-year US Treasury yield spike
Four days of fund inflows now face a $183 billion Treasury auction window that can test the rally’s staying power.
Crime
US expands Iran-linked hacking case to 17 defendants over HBO’s $6 million Bitcoin ransom plot
US authorities say the alleged Iran network compromised thousands of academic accounts and caused millions in remediation costs.
Digital Asset Treasuries
This Nasdaq-listed crypto firm is swapping fresh Ethereum buys for an AI pivot
Intchains is betting a new mining chip and early-stage AI expansion can rebuild growth after revenue fell 94%.
Legal
Justin Sun keeps World Liberty fight public as its $4 billion stablecoin bank awaits final approval
Justin Sun’s lawsuit stays public as World Liberty moves its $4 billion USD1 stablecoin toward final federal bank approval.
Derivatives
US rule rewrite looms for $200B on-chain venue Hyperliquid as Trump signals onshore approval
The CFTC is exploring a legal path for Hyperliquid as Trump pushes to bring the $200 billion-a-month on-chain venue into the US.
Interview
SEC’s latest crypto rules only open a few of Wall Street’s ‘million doors’ – Bitwise CIO Matt Hougan
Bitwise CIO Matt Hougan says Wall Street’s crypto adoption now depends on fixing old trading rules and fragmented market infrastructure.