White House to Meet Crypto and Prediction Market Executives on August 19, Reports Politico. However, there is no disclosure of the agenda and names of attendees. Further, it is unclear whether President Trump will attend the meeting. This meeting is taking place at a time when Congress is facing difficulties
Metaplanet transferred 5,014 BTC from one custody address to another within 24 hours, according to the company’s CEO Simon Gerovich. Gerovich assured that Metaplanet has not sold any of its Bitcoin in the process. “It was just a regular custody transfer rather than liquidation,” he added. Metaplanet incurred $8 for
The CFTC invoked emergency powers to keep Kalshi operating amid its legal dispute with New York. The commission classified New York’s enforcement action and temporary restraining order request as a market emergency. It directed Kalshi to continue operations under the Commodity Exchange Act and its Core Principles. New York seeks
According to Phong Le, the company’s CEO of Strategy, the company is set to purchase more Bitcoin before the end of 2026. In an interview at FOX Business, Phong disclosed that the company had bought approximately 175,000 BTC since January but had sold 7,000 BTC during the same period, making
The transition of Riot Platforms from Bitcoin mining will be quickened following its 20-year deal for 191 megawatts of power in its Rockdale campus in Texas. Riot Platforms anticipates that the deal will yield about $9.1 billion before June 2048, and two five-year extension deals would bring the total potential
Vitalik Buterin has described how the roadmap of Ethereum for the latest year differs from its 2023 roadmap. There are several points in both roadmaps that are similar; however, there are some changes in terms of technical priorities of Ethereum. First of all, quantum security became more important to developers
UMX, the Unified Market Exchange incubated by Li Lin’s Avenir Group, launched an invitation-only beta on August 10. The platform targets professional investors seeking crypto and U.S. securities through one trading environment. Users can trade crypto spot, margin, contracts, and options alongside U.S. stocks, ETFs, and stock options. UMX says
NYSE is pushing blockchain settlement infrastructure as tokenized securities inch towards live markets. This was indicated by Lynn Martin, the president of NYSE, who revealed that the exchange continues building settlement infrastructure using blockchain technology during his comments in Seoul. NYSE was also part of the July tokenization pilot conducted
The Tether group has made efforts in moving beyond stablecoins. They brought institutional real estate tokenization in Saudi Arabia using its Hadron platform. This company has entered into a partnership with First Data and fintech company BKN301. Basically to enable the issuance and administration of tokenized real estate assets for
The United States Senate postponed deliberation on the Clarity Act to September due to the legislative priority of other business before the recess. The House passed the cryptocurrency market structure bill, and it now awaits Senate approval. Time pressure caused the postponement, not an official withdrawal of the bill. After
