Britain plans new Bank of England objective for stablecoins
Financial stability would remain its primary duty, with annual reports to Parliament on the new objective being planned. Source:CoinDesk
Live updates: Bitcoin ETF inflows hit eight straight days as August tops $3 billion
U.S. spot bitcoin funds have taken in $2.8 billion since the run began, and ether ETFs are matching it day for day. Three sessions are left to make August…
Bitcoin researchers propose quantum fix that would not crowd out transactions
The SHRINCS proposal would let bitcoin transactions use larger, quantumresistant approvals while preserving more network capacity than existing postquantum…
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
Lesser-tracked bitcoin market dynamic lends credibility to August surge to $80,000
An indicator fundamental to understanding whether capital consistently moved in size to push prices higher is flashing green. 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…
Nvidia tops earnings estimates, guides to $108 billion in revenue next quarter
The tech bellwether reported fiscal secondquarter results after the bell on Wednesday. Source:CoinDesk
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.…
Crypto Long & Short: Tokenized equities: the model underneath the trade
In this week's Crypto Long & Short, CoinDesk's Joshua DeVos writes that demand for tokenized equities is accelerating fast, from $16 billion to more than $590…
Ethereum developers propose first step to protect ETH staking from quantum attacks
A draft proposal would allow validators to deposit with quantumresistant keys, then permanently stop accepting the format the network runs on today.…
The evidence doesn't support the banks' case against stablecoin rewards
Source:CoinDesk