Binance co-founders CZ and Yi He adopted Simpsons cartoon aliases ‘Homer’ and ‘Marge’ in company meetings
Yi, who is now the coCEO of Binance alongside its other chief Richard Teng, still uses the name Marge in meetings and chats. Source:CoinDesk
Bitcoin below $79,000, XRP leads losses as traders start betting on a Fed hike
Every major token except solana and BNB is flat or lower over 24 hours, with bitcoin holding a 14% weekly gain and XRP 28%. Source:CoinDesk
SEC resurrecting U.S. crypto custody rule the previous administration failed to land
In 2023, the regulator tried to narrowly restrict the places investment advisers could park clients' crypto assets, but the new approach is still shrouded in…
Shinhan and Visa team up to test stablecoin issuance and B2B settlements in South Korea
Shinhan Financial Group will use Visa’s platform to test stablecoin issuance, remittance, and redemption while building new AIpowered payment models.…
The evidence doesn't support the banks' case against stablecoin rewards
Source:CoinDesk
Dallas Fed warns tokenized deposits could strip $700 billion from U.S. banks' lending capacity
Programmable deposits and AI agents may enable instantaneous, automated bank switching for higher yields, driving up bank funding costs. Source:CoinDesk
ECB claims digital euro will offer 'maximum level of privacy' amid surveillance fears
Central bank officials say the Eurosystem will be structurally unable to link users to purchases, but civil society groups remain skeptical. Source:CoinDesk
Bitcoin takes a breather after adding 23% in 7 days as ETF demand holds steady
The price of bitcoin fell to $79,000 on Wednesday after gaining 23% in seven days as August ETF inflows climbed above $3 billion. Source:CoinDesk
Strategy cuts net leverage to near zero as cash nearly matches convertible debt
The bitcoin treasury company has built nearly four years of preferreddividend coverage while continuing to repurchase STRC below par. Source:CoinDesk
Euro stablecoins get a mainstream push as Revolut begins rolling out EURR in Europe
Revolut said the stablecoin’s rollout will start with a select group of customers within Denmark, Poland, and Portugal. Source:CoinDesk
Japan targets early 2030s launch for blockchain-based stock and bond settlement system
Japan's regulators are racing to modernize national settlement systems to prevent institutional investors and foreign capital from fleeing to overseas markets.…
A massive $6.4 billion bitcoin options expiry on Friday could amplify volatility
Friday’s expiry follows bitcoin’s surge from $62,000 to $80,000, leaving market makers with increased exposure to manage around several key strike prices.…