SEC Proposes Rescission of Shareholder Proposal Rule and Reforms to Proxy Solicitation Process
The Securities and Exchange Commission today proposed to rescind Rule 14a8 under the Securities Exchange Act of 1934, which exceeds the scope of the…
Bernstein expects ‘aggressive’ rulemaking from SEC, CFTC, following CLARITY Act failure
Bernstein said the federal agencies will publish new regulations to compensate for the time lost negotiating the CLARITY Act, after its cloture vote failed on…
Zcash holders back 25-second blocks, vote to keep ZEC halving schedule
Nearly 99% of ZEC holders voted to reduce block times to 25 seconds, while keeping ZEC issuance and halving schedules unchanged. Source:Cointelegraph
Circle launches Arc mainnet with USDC as native gas token
Circle’s Arc mainnet is live with USDC for transaction fees, support for more than 20 fiat stablecoins and links to over 20 blockchains. Source:Cointelegraph
Deutsche Bank awaits regulatory nod to launch institutional crypto custody solutions
Germany’s largest bank is awaiting regulatory approval to launch institutional custody solutions for Bitcoin, Ether and select stablecoins before expanding…
Ethiopia cuts Bitcoin miners’ power by 77% amid hydropower shortage: Report
Bitcoin miners generated 35% of the stateowned power producer’s revenue last year, but declining reservoir inflows led the utility to prioritize households and…
Italy investigates government email breach linked to Revolut data leak
Italy is probing the Revolutlinked breach after its cyber agency reported more than 650 cases involving abused or illicit certified email accounts.…
ECB seeks online merchants for 2027 digital euro pilot
Euroarea online and mobile merchants can apply until Oct. 27 to test beta digital euro payments in a 12month pilot. Source:Cointelegraph
AI has been a ‘net negative’ for crypto: Phemex CEO
Federico Variola says AI has diverted capital from crypto and is empowering attackers, while rising cybersecurity costs could push the industry toward greater…
US charges ex-Robinhood engineers over alleged pre-listing crypto trades
The former employees allegedly earned more than $50,000 each by trading Hyperliquid perpetuals ahead of Robinhood token listings. Source:Cointelegraph
Bitcoin ETFs shed $450M in biggest outflow since June
The $450 million withdrawal came as Bitcoin fell 2.5% and the CLARITY Act failed to advance in the Senate, with Fidelity and BlackRock funds leading the…
Crypto industry turns to US regulators after CLARITY setback
The CLARITY Act could still be revived after Senator Thom Tillis moved to reconsider the failed cloture vote, though industry executives are divided over…