Cloud data firm Storj files for Chapter 11, extending a week of crypto failures. Token slides 16%
The decentralized data storage company says operations continue and proposes that token holders take equity in the restructured business — an unusual…
Crypto is the canary in the coal mine for the quantum computing threat, experts say
As estimates for “QDay” move closer, experts warn that crypto’s slow governance, not its cryptography, may be the biggest obstacle to defending against quantum…
South Korea trading giant puts receivables onchain in tokenization test with LG CNS
POSCO International and LG CNS is tapping Injective network to tokenize live commercial invoices, another sign blockchain rails are moving deeper into…
2 weeks left for Clarity: State of Crypto
The Senate leaves town in two weeks. Here's what needs to happen for Clarity to advance before then. Source:CoinDesk
U.S. regulator warns prediction markets against cutting corners in event contracts
The Commodity Futures Trading Commission again issued an advisory that signals firms have been straying into cookiecutter selfcertification. Source:CoinDesk
Europe's high regulatory bar could spark new crypto industry M&A wave
As MiCA beds in and the U.K. finalizes its crypto framework, stringent regulation could spur mergers, acquisitions and closer ties with banks. Source:CoinDesk
Shiba Inu surges 36% as South Korean traders fuel mystery rally
The rally has no announcement behind it, other dog tokens haven't matched it, and Korean venues are carrying the volume. Source:CoinDesk
Crypto exchange BitMart to shut down after nine years, BMX token crashes 58%
Users have a month to close trades and six months to withdraw, and the exchange gave no specific reason for closing. Source:CoinDesk
Russia’s largest bank Sberbank plans crypto trading infrastructure by December
New regulations for crypto trading, custody, and settlement in Russia take effect Sept. 1, with requirements for licensed intermediaries applying from July…
North Korea arrests hackers accused of laundering stolen funds from country's bank via crypto
The group allegedly breached Central Bank systems, converted crypto to cash via Chinese brokers, and used small transfers to evade detection. Source:CoinDesk
Democratizing weather derivatives through tokenization could be crypto's most important real-world use case
Main Street, which faces the most significant climaterelated financial risk, currently lacks an avenue to hedge weatherrelated risks, argues CoinDesk’s Omkar…
Robinhood Chain's real-world assets jump fivefold as tokenized stocks start trading in bigger size
The chain built to put equities onchain has tripled in size since midJuly, and a dozen tokenized stocks are now each clearing $500,000 a day. Realworld assets…