Tokenized deposits could raise US credit costs: Dallas Fed economists
Dallas Fed economists said faster, programmable deposits could make bank funding less stable, potentially pushing lenders toward more expensive funding.…
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
What to know about Hugging Face, the open-source AI startup reportedly catching Nvidia’s eye
New reports outline deal talks between the two companies as opensource AI technology comes more into focus. Source:MarketWatch
SHRINCS BIP published: Quantum-secure Bitcoin comes with a catch
A new Bitcoin Improvement Proposal for the SHRINCS signature scheme has just been published to upgrade Bitcoin to quantum secure. Here’s everything you need to…
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…
Better launches Bitcoin-backed mortgages powered by Coinbase
Better and Coinbase have launched a cryptobacked mortgage product that lets US homebuyers pledge Bitcoin as collateral for a down payment without having to…
I just had my first baby and don’t want to go back to work. Is quitting for a year a bad idea?
“I really don’t want to miss my baby’s first year.” Source:MarketWatch
Chainalysis estimates $457B in taxable crypto activity, says CARF misses most
The blockchain analytics firm said just 14% of the onchain activity it identified is covered by the OECD’s international crypto taxreporting framework.…
SEC sends crypto custody rule overhaul to White House for review
The securities regulator’s crypto custody overhaul could clarify how investment advisers and funds hold digital assets for clients as the proposal moves…
77% of Americans see crypto in retirement plans as risky: Survey
A new survey finds broad skepticism toward crypto in workplace retirement plans as US policymakers move to expand access to alternative assets.…
Bitcoin dips below $78K as stocks, gold fall on higher US PCE Inflation data
Bitcoin stayed away from challenging $80,000 after July US PCE inflation data came in slightly higher than anticipated, pressuring gold and risk assets.…