Brazil's central bank orders exchanges to delay large crypto transfers abroad
The rule applies to transfers above $10,000 and smaller transactions flagged as risky by exchanges. Source:CoinDesk
Trillions in institutional money to flow into bitcoin, says Bitwise's Matt Hougan
The digital asset manager's CIO says large capital pools control up to $200 trillion globally, and just a 1% shift toward bitcoin could unlock massive longterm…
Why trillion-dollar asset manager T. Rowe Price put memecoins in its crypto ETF
The $1.9 trillion asset manager says excluding established memecoins on principle would undermine its active approach to crypto investing. Source:CoinDesk
U.S. Senate opens first stage of crypto Clarity Act voting to give bill a chance next month
The majority leader opened the multistage process the Senate follows when trying to get a bill over its 60vote hurdle, so it's still got a shot in September.…
New XRP Ledger amendments target $530 million in tokenized Wall Street assets
A new XRPL amendment proposal would let institutions encrypt token balances and transfer amounts while still giving issuers, auditors and regulators selective…
Trump Media pulls back from crypto, scraps Crypto.com's CRO token treasury deal
The Truth Social parent company is refocusing on media and its pending merger with a fusion energy firm, as the digital asset treasury boom has lost its steam.…
BitMEX sale collapsed as buyers balked at founder ownership and shrinking business
Potential buyers, including Exodus, passed on BitMEX amid concerns over founder ownership and its shrinking business, according to a source familiar.…
Bybit sues North Korea and Lazarus Group over $1.5 billion hack, secures asset freeze
The exchange has secured a preliminary injunction freezing stolen assets. Source:CoinDesk
OKX's Rafique doubts Clarity Act will pass, warns optimism is already priced into bitcoin
The OKX executive says Democrats have little incentive to hand Republicans a crypto victory before the midterms. Source:CoinDesk
How a five-second trick let traders drain millions from Polymarket
After months of public warnings from onchain analysts, the prediction market is moving to timeweighted prices to make artificial price pushes too costly.…
Russia cracks down on unlicensed crypto exchanges it claims are linked to Ukraine
The FSB said at least 20 individuals were arrested in connection with a ring that scammed an undetermined number of Russian citizens. Source:CoinDesk
U.S. unexpectedly shed 23,000 jobs in July, putting Fed rate hikes in question
The chances of a Federal Reserve rate hike at its next meeting in September have slipped below 50% in the aftermath of the report. Source:CoinDesk