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SEC's guidance on liquid staking tokens a win for DeFi, institutions

SEC's guidance on liquid staking tokens a win for DeFi, institutions

The crypto industry is hailing the US Securities and Exchange Commission’s latest guidance on liquid staking as a rare regulatory win, with stakeholders calling it a major step forward for decentralized finance and institutional adoption of digital assets.Released Tuesday, the SEC staff issued a gui…

Base blames faulty sequencer for 33-minute outage, fixes made

Base blames faulty sequencer for 33-minute outage, fixes made

Coinbase’s Ethereum layer-2 blockchain Base stopped producing blocks for 33 minutes on Tuesday after switching to a backup sequencer that wasn’t set up properly to process transactions.The incident began at 6:07 am UTC when the active sequencer started falling behind on block production, prompting C…

Ethereum proposes unified fee market to simplify transaction costs

Ethereum proposes unified fee market to simplify transaction costs

Ethereum co-founder Vitalik Buterin and developer Anders Elowsson have introduced EIP-7999, a proposal to streamline Ethereum's transaction fee structure. Released on Tuesday, the proposal seeks to establish a unified multidimensional fee market, allowing users to specify a single aggregate maximum …

Michigan pension fund deepens Bitcoin exposure with $11M stake in ARK ETF

Michigan pension fund deepens Bitcoin exposure with $11M stake in ARK ETF

Michigan’s state pension fund has significantly increased its exposure to Bitcoin via the ARK 21Shares (ARKB) exchange-traded fund, highlighting how ETFs are streamlining access to digital assets for institutional investors.By the end of the second quarter, the State of Michigan Retirement System o…

Warren Buffett misses $850M in Bitcoin gains by sticking to cash in 2025

Warren Buffett misses $850M in Bitcoin gains by sticking to cash in 2025

Key takeaways:Berkshire could have made $850M from Bitcoin with just a 5% allocation.Bitcoin has outperformed Berkshire stock and its top holdings in 2025.Berkshire Hathaway has posted a headline profit of $12.3 billion in the second quarter of 2025, according to its latest filings. A closer look re…

Coinbase launches embedded wallets tool as self-custody, DeFi gain momentum

Coinbase launches embedded wallets tool as self-custody, DeFi gain momentum

Crypto exchange Coinbase is launching a developer tool aimed at simplifying wallet onboarding and boosting technical capabilities, as self-custody gains momentum in the United States following the passage of pro-crypto legislation earlier this month.Offered through the Coinbase Developer Platform (C…

US SEC commissioner slams agency statement on liquid staking: 'Muddies the waters'

US SEC commissioner slams agency statement on liquid staking: 'Muddies the waters'

US SEC Commissioner Caroline Crenshaw sharply criticized a staff statement released on Tuesday by the regulator’s Division of Corporation Finance that praised the SEC’s position on liquid staking activities, saying it created more confusion than clarity.“Some things are better left unsaid,” began Cr…

EU proposal to scan all private messages gains momentum

EU proposal to scan all private messages gains momentum

A controversial European Union proposal dubbed “Chat Control” is regaining momentum, with 19 out of 27 EU member states reportedly backing the measure.The plan would mandate that messaging platforms, including WhatsApp, Signal and Telegram, must scan every message, photo and video sent by users star…

BlackRock Bitcoin fund sees largest outflow in 9 weeks

BlackRock Bitcoin fund sees largest outflow in 9 weeks

BlackRock’s US-listed Bitcoin fund recorded its biggest outflow since May as Bitcoin dipped over the weekend and recovered slightly on Monday. BlackRock’s iShares Bitcoin Trust (IBIT) saw an outflow of $292.5 million on Monday, its largest in two months. There was also a minor outflow on Friday, whi…

Coinbase turns lobbying efforts to UK in scathing op-ed

Coinbase turns lobbying efforts to UK in scathing op-ed

The United Kingdom is falling behind in the digital asset market, particularly in the area of stablecoins, despite the technology’s potential to help the country preserve its leading role in global financial services.That was a central message in a recent Financial Times op-ed by George Osborne, the…

How fake news and deepfakes power the latest crypto pump-and-dump scams

How fake news and deepfakes power the latest crypto pump-and-dump scams

Key takeawaysPump-and-dump schemes in Web3 manipulate a cryptocurrency’s price through coordinated buying along with misleading information and hype to lure investors in before a mass selling of a token, leaving it almost worthless.Decentralized anonymity and 24/7 unregulated trading make the indust…

Nvidia releases update for 'critical' vulnerabilities in AI stack

Nvidia releases update for 'critical' vulnerabilities in AI stack

Technology company Nvidia released on Saturday a software update to patch vulnerabilities in its Triton server, which clients use for artificial intelligence models. The vulnerabilities, which cybersecurity company Wiz calls “critical,” could lead to the takeover of AI models, data theft and respons…