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News
Spot Bitcoin ETFs see $462M in net selling as Fed decision looms
4+ hour, 23+ min ago (310+ words) A week of heavy redemptions reversed nearly half the previous week's inflows as rate hike expectations surged to 87% US spot Bitcoin ETFs just had their worst week in months, shedding roughly $462.7 million in net outflows between September 8 and 11. The reversal…...
Senate to vote on Crypto Clarity Act, defining SEC and CFTC roles
5+ hour, 38+ min ago (460+ words) Estefano Gomez is an editor at Crypto Briefing specializing in blockchain analysis, DeFi, and the intersection of crypto and digital art. He previously served as Editor in Chief at Interesante for over three years, where he covered blockchain technology, NFTs,…...
White House agrees to new ethics language in CLARITY Act
6+ hour, 36+ min ago (430+ words) Estefano Gomez is an editor at Crypto Briefing specializing in blockchain analysis, DeFi, and the intersection of crypto and digital art. He previously served as Editor in Chief at Interesante for over three years, where he covered blockchain technology, NFTs,…...
Upbit reports $8B weekly trading volume as XRP leads the pack
7+ hour, 37+ min ago (230+ words) South Korea's largest crypto exchange posted an 11.2 trillion won week, with XRP outpacing Bitcoin in retail trading activity Logo via Wikimedia Commons; treatment-A cover, license to verify on approval South Korea’s crypto market is doing just fine, thanks for asking....
Injective Protocol plans major RWA mainnet upgrade
7+ hour, 53+ min ago (382+ words) The Layer 1 DeFi chain is doubling down on tokenized real-world assets with a new mainnet version and a compliance-first minting platform. Injective, the Layer 1 blockchain built specifically for decentralized finance, has activated its IIP-677 mainnet upgrade to version 1.20.3. The upgrade…...
Bitwise CIO Matt Hougan breaks down why Strategy's Bitcoin sales didn't crash the market
9+ hour, 6+ min ago (350+ words) Strategy sold over $200 million in Bitcoin, and the price went up, which tells you something important about where this market is headed. Official Bitwise brand assets Strategy, the company formerly known as MicroStrategy that essentially turned itself into a publicly…...
Symbiosis recovers 15 BTC after Bitcoin Bridge exploit, offers attacker 20% bounty
11+ hour, 17+ min ago (423+ words) A vulnerability in the BridgeV2 contract allowed unbacked syBTC minting with a notional value of $46.1B, though actual losses were far smaller A cross-chain protocol walking away from a $46.1 billion notional exploit with roughly $336,000 in actual losses sounds like a near-miss story…...
Bitwise research finds 67% of wealth managers lack crypto allocation
12+ hour, 46+ min ago (342+ words) An informal poll of roughly 400 wealth managers reveals massive untapped demand, with 60% planning to add crypto exposure within the next year. Two out of three wealth managers still have zero crypto in their client portfolios. That’s the headline number from…...
77 state banking associations seek changes to CLARITY legislation to ban balance-based stablecoin rewards
13+ hour, 23+ min ago (434+ words) A coalition of banking groups wants the Senate to tighten stablecoin rules that could curb Coinbase's popular USDC rewards program The target, though never named quite so bluntly, is obvious: Coinbase’s USDC rewards program, which pays users for simply holding…...
CME Group faces unusual position amid $93T trading boom
16+ hour, 56+ min ago (551+ words) The world's largest derivatives exchange is suing the CFTC over how Bitcoin perpetual futures should be classified, and the outcome could reshape crypto trading in the US. CME Group Inc. logo (public domain, Wikimedia Commons) CME Group, the exchange that…...