Mastercard and BVNK Launch ‘Global Money Platform’ to Merge Fiat and Stablecoins Mastercard and BVNK have launched the Mastercard Global Money Platform, a payments infrastructure service designed to let banks, fintechs and enterprises manage traditional currencies and stablecoins through a single application programming interface (API). The platform is available now through BVNK and marks the…
Court Slams Brakes on Crypto Mining Firm’s Emergency Appeal Texas appeals court just refused to fast-track a crypto mining company’s attempt to dodge a lower-court order, leaving the firm exposed to potential asset seizures and exposing a fresh fracture line between state property rules and the digital-asset economy. Envy Blockchain and its affiliates asked the…
Three in Beasley NBA Betting Case to Plead Guilty, Prosecutor Says Three people involved in the NBA betting case connected to Beasley are expected to plead guilty, according to a prosecutor. The prosecutor’s statement marks a significant development in the case, although no further details about the individuals, charges, or timing of the pleas were…
New Tree-Based Bitcoin Scaling Proposal Targets Millions of Users A new proposal for Bitcoin scaling is centered on a tree-based design intended to support millions of users. The approach aims to address the network’s capacity constraints by organizing transaction data in a structure that could make processing and verification more efficient. Scaling has remained a…
Court Slams Coinbase: SEC Keeps Full Power Over Crypto Exchanges The Third Circuit just told Coinbase it cannot force the SEC to write new crypto rules or stop enforcement actions against the platform. In a swift, unanimous decision, the appeals court rejected Coinbase’s petition to review an SEC order that denied the company’s rulemaking request,…
Character.AI Files for Bankruptcy as Disney Bids $20 Million—And Users Get Grief Resources Character.AI has filed for bankruptcy, while Disney has submitted a $20 million bid connected to the company, according to the information provided. The filing places the artificial-intelligence platform in a formal restructuring process and may determine how its assets and operations are…
Big Tech’s AI auditors may only see what they’re shown, critics warn As artificial intelligence becomes embedded in how companies generate and report financial data, a growing debate is emerging over what it would mean to “audit” these systems in practice—and whether proposed AI auditing regimes can deliver meaningful scrutiny if auditors can only inspect…
Judge Slaps Bilzerian With Fresh Injunction Over Court Contempt A federal judge in Washington has reasserted control over a twenty-year-old asset-freeze against Paul Bilzerian, the convicted stock manipulator whose name still haunts securities enforcement. The ruling keeps the former corporate raider from touching any assets that might satisfy the SEC’s $60 million-plus judgment, and it…
Bitcoin Falls as Hot Inflation Puts a Fed Hike Back on the Table Bitcoin declined after hotter-than-expected inflation revived expectations that the Federal Reserve could consider raising interest rates again. Higher inflation can affect risk-sensitive assets such as cryptocurrencies by increasing the likelihood that interest rates will remain elevated. Tighter monetary policy can reduce the…
Court Deals SEC Fresh Blow, Narrows Crypto Enforcement Reach A federal appeals court just handed the SEC a stinging defeat, narrowing the agency’s ability to pursue crypto cases and shifting the balance of power toward the industry. The ruling matters because it limits how aggressively regulators can classify digital assets as securities and could slow…
Bitcoin Whipsaws as Crypto Liquidations Near $1 Billion Bitcoin experienced sharp back-and-forth price movements as liquidations across the cryptocurrency market approached $1 billion. Liquidations occur when exchanges automatically close leveraged positions after traders’ collateral is no longer sufficient to support them. A spike in liquidations can amplify market moves, affecting both long positions that bet…
Crypto Nerd’s Nugget of the Week: Frame What it is: Frame is a Layer 1 network in private beta that is positioning itself around post-quantum cryptography, fast settlement, and cross-chain value movement. According to its recent announcement, the testnet uses NIST’s ML-DSA-87 signature standard and aims to move value across chains without relying on conventional…
What Is a Hardware Wallet? Crypto Cold Storage Explained A hardware wallet is a physical device designed to help secure cryptocurrency by keeping private keys offline. These keys are used to authorize transactions and prove ownership of digital assets. Because the keys remain outside an internet-connected environment, hardware wallets are commonly associated with cold storage….
**Supreme Court Shields DeFi Code From SEC Registration** In a sweeping October Term 2025 ruling, the Supreme Court held that open-source smart-contract code and decentralized protocols are not “investment contracts” under the Securities Act, even when users profit from them. The decision reverses the SEC’s enforcement theory and hands the agency its first unambiguous loss…
Binance Is Shutting Down Its Bitcoin Mining Pool After Six Years Binance is closing down its bitcoin mining pool business, ending a six-year run as the exchange retreats from mining infrastructure services. According to the information provided, Binance will discontinue Binance Pool along with several related products, including Pool Savings, Cloud Mining, and other connected…
BingX EU Secures MiCAR License, Advancing Regulated Crypto Services Across Europe BingX EU has secured a license under the European Union’s Markets in Crypto-Assets Regulation (MiCAR), marking a step toward expanding its regulated crypto services across Europe. MiCAR establishes a harmonized regulatory framework for crypto-asset services in the European Union. Securing authorization under the framework…
CFTC Gains Ground as Kitchen Appeal Falls Flat A federal appeals court just handed the CFTC a quiet but significant win, rejecting crypto trader Trevor Kitchen’s challenge and sharpening the agency’s authority over digital-asset futures. The ruling signals that courts may soon treat certain crypto products as commodities under CFTC oversight rather than leaving them…
US Bank Tests Stablecoin Transfers Across Stellar A US bank has moved its proprietary USBDC stablecoin between North American and European entities in a cross-border pilot on the public Stellar blockchain. The test matters because it puts bank-issued digital money into a live blockchain environment, where faster settlement could challenge traditional international payment rails. The…
Bitcoin, Copper, Stocks and Yields Fall as Gold Rises Bitcoin, copper, stocks and bond yields all moved lower, while gold gained, marking a broad shift across financial markets. The simultaneous declines in risk assets and bond yields point to weaker market performance across both equities and commodities. Bitcoin’s move lower places it alongside traditional risk-sensitive…
Bitcoin Slips as Iran Tensions and Yen Risk Hit Markets Bitcoin failed to reclaim the $80,000 level as escalating tensions involving Iran pressured U.S. stocks and weakened broader risk appetite. Treasury Secretary Scott Bessent’s comments also fueled fears that a yen carry-trade unwind could add another source of volatility across global markets. The immediate trigger…
