Crypto Biz: Crypto’s biggest business is starting to look a lot like banking
Crypto business is converging with banking as stablecoin reserves, tokenized funds, Treasury income and balance sheet management become key profit drivers.…
Michigan says it’s OK to start eating salads again as cyclospora outbreak wanes
The state, which has been at the center of the biggest cyclospora outbreak in the U.S., said this week that the number new cases of cyclosporiasis has fallen.…
A part of FTX survived, and it’s the case for the CLARITY Act
When FTX collapsed, the parts of it bound by law survived. Mainstream finance is now converging with digital assets, and the law built to protect it the same…
I’m an unemployed software developer who is skeptical of AI. Can I still find a job in tech?
“I was approached by one company who wants to use AI to dispatch ambulances.” Source：MarketWatch
Russia cracks down on unlicensed crypto exchanges it claims are linked to Ukraine
The FSB said at least 20 individuals were arrested in connection with a ring that scammed an undetermined number of Russian citizens. Source：CoinDesk
Fierce backlash to Ethereum’s EIP-8363 staking proposal
Ethereum’s proposed EIP8363 staking overhaul aims to reduce issuance, but critics say it could hurt DeFi, decentralization and institutional adoption.…
Bitcoiners turn to dice throws as self-custody setups are re-evaluated
Dice entropy may become the new gold standard after the Coldcard hack Source：Cointelegraph
U.S. unexpectedly shed 23,000 jobs in July, putting Fed rate hikes in question
The chances of a Federal Reserve rate hike at its next meeting in September have slipped below 50% in the aftermath of the report. Source：CoinDesk
Russia cracks down on 9 crypto exchanges in Moscow City
Russia has shut down nine unregistered crypto exchanges in Moscow, with the FSB alleging they helped move scam proceeds abroad through Ukrainian call centers.…
CEX perpetual futures volume falls to $4T, lowest since late 2023
Perpetual futures trading volume on crypto exchanges fell to its lowest level in 31 months, while perpetual trading on decentralized platforms neared a oneyear…
After a Clarity Act funeral, the crypto world would keep turning
With the U.S. crypto bill missing a crucial window before the Senate hangs its closedforsummer sign, the alternatives are getting more attention.…
Why Bitcoin's BIP-110 refuses to die despite near-zero miner support
BIP110 has attracted only a sliver of miner support, yet its useractivated design means the proposal continues toward its activation date and (most likely)…