Bitcoin developer Paul Sztorc announces BTC hard fork called eCash
The hard fork will introduce a new, competing layer-1 blockchain and seven layer-2 scaling networks, according to Sztorc’s announcement. Source link
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Brazil Bans 27 Prediction Platforms, Including Kalshi and Polymarket
Brazilian authorities have moved to shut down 27 prediction market platforms, including Kalshi and Polymarket. The decision, announced Friday, follows a directive from the Ministry of Finance and enforcement by the National Telecommunications Agency (Anatel), according to state-owned news outlet Agência Brasil. Authorities claimed that such services fall outside Brazil’s current legal framework and therefore…
CFTC Sues New York Over bid to Apply Gambling Laws to Prediction Markets
The Commodity Futures Trading Commission (CFTC) has filed a lawsuit against New York to stop the state from applying its gambling laws to federally regulated prediction market platforms, escalating a growing clash over who has authority to oversee these products. In a complaint lodged in the US District Court for the Southern District of New…
Bitcoiners cast doubt on the US military's understanding of the network
Bitcoin advocate Matthew Kratter said US Navy Admiral Samuel Paparo’s Senate testimony on Tuesday sounded like it was written by an “intern.” Source link
US DOJ sentences man to 70 months in prison for role in $263M scam group
The group spent tens of millions of dollars on luxury items and real estate, using funds stolen from crypto users in social engineering scams. Source link
Coinbase’s Jesse Pollak says AI agents are the next big wave for crypto payments
The rapid rise of AI agents is beginning to reshape how payments happen online, and crypto infrastructure is emerging as a natural fit, according to Coinbase’s Jesse Pollak. “What was almost impossible nine months ago is now totally possible,” Pollak said in an interview with CoinDesk, pointing to the accelerating capabilities of autonomous AI systems….
Mike Tyson, Tether CEO, Cathie Wood are among speakers at Trump’s ‘most exclusive’ crypto conference
A group of cryptocurrency executives, investors and public figures is set to speak Saturday at a private event hosted by U.S. President Donald Trump at his Mar-a-Lago club in Palm Beach, Florida. The event, billed as “the most exclusive conference in the world,” started with Bill Zanker, co-founder of TRUMP memecoin and was followed by…
Trump defends crypto legislation at private event featuring boxer Mike Tyson, Tether CEO
A few hundred of the top $TRUMP memecoin holders were treated to some personal time with U.S. President Donald Trump and his high-profile guests on Saturday at an event at his Florida club in which Trump warned bankers against getting in the way of crypto legislation. Speaking at the private Mar-a-Lago gathering in Palm Beach,…
Crypto is built for AI agents, not humans, according to Alchemy’s CEO
The modern financial system was never designed for machines. It was built around the constraints of human life: geography, sleep cycles, paperwork, and physical presence. But as AI agents begin to act as economic participants, that human-centric design is starting to look less like a feature, and more like a bottleneck, said the co-founder of…
Why investors are flocking to BlackRock’s bitcoin options to hedge against a wild global economy
Something notable happened on Friday, indicating the accelerating institutionalization of the bitcoin BTC$77,334.49 market, which has been pioneered by everyday people for years. This is because options, or hedging instruments, linked to BlackRock’s bitcoin exchange-traded fund (ETF), IBIT, have grown slightly larger on Nasdaq than total bitcoin options trading on the offshore giant Deribit. It…