Lido Calls for Deeper Review Before EIP-8363 Advances
Key Highlights Lido contributors urged the Ethereum community to conduct a broader review of EIP-8363 before considering it for CFI in the Hegota upgrade. The contributors said they are not…
Nigel Farage Wins UK By-Election Amid Crypto Donation Probe
Key Highlights Nigel Farage won the Clacton by-election with 62.8% of the vote. A parliamentary probe into his undeclared £5 million crypto-linked gift has resumed. Farage could face suspension and…
SEC Cancels Crypto Meeting: Why Rulemaking Just Hit Another Wall
AI Summary Show SEC cancels meeting to propose crypto rulemaking, citing unforeseen scheduling issue, delaying Regulation Crypto Assets Innovation exemption for tokenized securities also delayed due to White House concerns…
Morpho Sees Record 5.59M Token Exodus From Exchanges
Key Highlights 5.59M MORPHO tokens left exchanges on August 13, marking the largest daily outflow since November 2024. MORPHO also recorded a 4.35 million-token outflow in July, marking another significant…
Tether Completes First Full Audit as KPMG Reviews 2025 Financials
Key Highlights KPMG U.S. completed Tether’s first full financial statement audit. The auditor issued an unqualified opinion on Tether’s 2025 financial statements. Tether reported $6.814 billion in excess reserves over…
SEC Crypto Task Force Meets WisdomTree on Tokenized Fund Rules
Key Highlights SEC Crypto Task Force staff met with WisdomTree and Thorn Run Partners on August 12 to discuss crypto asset regulation. Discussions covered tokenized fund markets, wallet onboarding for…
Derive Opens XRP Derivatives Trading Through Flare’s FXRP
Key Highlights XRP holders can now use FXRP as collateral to trade XRP options and perpetual futures on Derive. FXRP brings XRP into DeFi, allowing holders to use their XRP…
Franklin Templeton Gets SEC Relief for Blockchain Fund Custody
AI Summary Show Franklin Templeton’s blockchain-based custody plan gets SEC staff backing, paving the way for future digital asset growth and investment opportunities The SEC’s conditional relief sets a precedent…
Press Groups Sue Trump Over $100K Truth API and Crypto Prediction Bets
Key Highlights The Intercept and Freedom of the Press Foundation sued Donald Trump and White House officials over Truth Social’s paid Truth API. Truth API charges up to $100,000 a…
Crypto Council Urges OCC to Rethink Stablecoin Reporting Rules
Key Highlights CCI wants the OCC to make stablecoin reporting rules more targeted and practical. The group wants the OCC to focus on 1:1 reserve backing and use consistent reporting…