SEC Establishes Financial Reporting and Accounting Unit in Enforcement Division
The Securities and Exchange Commission today announced it is establishing a new specialized unit within the Division of Enforcement to provide the dedicated…
Crypto's campaign efforts see rare loss, but crypto roster in Congress likely to grow
The leading industry PAC, Fairshake, put $2 million into a Detroit Democratic primary but came up short, even as several PACbacked candidates won elsewhere.…
Crypto-backed Michigan House incumbent loses primary despite $2M PAC support
A Midwest Democratic primary that raised accusations of payback from the cryptocurrency industry ended with the unseating of twoterm incumbent Shri Thanedar.…
Western Union brings stablecoin remittances to Visa network with Stablecard
The remittance giant is rolling out Stablecard across 37 markets, targeting crossborder payments and consumers seeking US dollardenominated savings in volatile…
Nvidia’s stock is basking in the glow of a high-profile endorsement
SpaceX CEO Elon Musk said his company will only use Nvidia’s chips to build its AI. Source：MarketWatch
Coldcard exploit could boost demand for regulated bitcoin exposure, analysts say
Cantor sees positive readthrough for crypto custody providers, while FRNT says the breach could drive some investors toward bitcoin ETFs. Source：CoinDesk
Gold hits six-week highs on China demand as Bitcoin ignores fresh S&P 500 record
Gold and US stocks stole the limelight on Wednesday as Bitcoin failed to gain significantly beyond $64,000. Source：Cointelegraph
U.S. economy keeps up the momentum, but rising costs put a cap on new hiring
The largest part of the economy grew in July at a robust pace, but scattered shortages of key supplies and dogged inflation raised the cost of business and…
Do the Coldcard attacks mean all hardware wallets are now insecure?
The Coldcard entropy flaw caused a crisis of confidence in hardware wallets. Here’s the details you need to know before you entrust Ledger, Trezor or…
Nomura’s Laser Digital backs ZIGChain for onchain private credit push in UAE
Laser’s investment in ZIGChain is understood to be in the high singledigit millions. Source：CoinDesk
Mastercard, Borderless test shared identity checks for stablecoin transfers
Mastercard and Borderless are exploring ways to bring more trust into crossborder stablecoin transfers through the payment processing giant’s Crypto Credential…
Ondo Finance hires former Blockchain.com CFO Adam Schlisman
The tokenizedassets firm appointed exBlockchain.com and Monashee executive as finance chief as it expands its onchain capital markets business. Source：CoinDesk