(Advertisement)
El Salvador's bitcoin stack keeps ticking up as the IMF looks on
El Salvador's government wallets added 6 BTC over the past week, pushing tracker-based counts to around 7,700 BTC. The IMF says it is wallet consolidation, not new buying. Neither side is forcing the issue.
Polymarket switches to Chainlink TWAP pricing after manipulation findings
Polymarket has upgraded its 5- and 15-minute crypto markets to settle on Chainlink TWAP Data Streams, replacing single-timestamp pricing after a Stanford study flagged 821 accounts for suspected settlement manipulation worth roughly $8.2 million.
Thune still plans CLARITY Act cloture filing before recess, per report
Senate Majority Leader John Thune is telling crypto industry leaders he still intends to file cloture on the CLARITY Act before the August recess, setting up a potential September floor vote, even as vote counts, yield disputes, and a bipartisan ethics deal remain unresolved.
CFTC warns prediction markets off sportsbook-style moneyline odds
The CFTC has told regulated prediction markets including Kalshi to stop displaying American-style moneyline odds, citing research that the format encourages excessive risk-taking compared to probability-based pricing.
IMF's Katz warns local-currency stablecoins could speed up dollarization
IMF First Deputy Managing Director Dan Katz warns that local-currency stablecoins designed to counter dollar tokens could backfire, making capital controls harder to enforce and accelerating dollarization in emerging markets.
US sanctions two more crypto exchanges over alleged IRGC ties
OFAC has designated Georgia-based Shelbit Exchange and Iran-based Aban Tether, along with operator Siavash Kayvanpour and a network of front companies, over alleged ties to Iran's Islamic Revolutionary Guard Corps.
South Korea's travel rule expands to every crypto transfer from August 20
South Korea removes its 1 million won threshold for the crypto travel rule from August 20, requiring exchanges like Upbit and Bithumb to collect sender and receiver data on every transaction, while Seoul pushes FATF to adopt the same zero-floor standard globally.
BNB Chain overtakes Tron as the largest stablecoin holder base
BNB Chain has passed Tron as the top network by stablecoin-holding addresses, with USDT holder growth of 49% in six months driving the shift, per Token Terminal data.
Grayscale rewrites ETF rules to stake nearly all its $1.6B in ETH
Grayscale has amended the trust agreement for its Ethereum Staking Mini ETF to make staking the default for virtually all fund-held ETH, targeting roughly 161,000 idle coins and locking in monthly cash payouts for shareholders ahead of an IRS tax deadline.
Bybit sues North Korea over $1.5B Lazarus hack and wins asset freeze
Bybit has filed a civil lawsuit in US federal court against North Korea and the Lazarus Group over the February 2025 theft of roughly $1.5 billion in Ethereum, securing a preliminary injunction to freeze identified stolen assets.
(Advertisement)