Bank of England Publishes Policy Statement and Draft Rules for Systemic Stablecoins
The Bank of England published its policy statement and draft Code of Practice for systemic stablecoin issuers on Monday, replacing per-person holding caps with a £40 billion issuer-level guardrail and lifting the gilt share of reserves to 70%. Industry feedback is open until 22 September.
The Bank of England published its policy statement and draft Code of Practice for systemic stablecoin issuers on Monday, replacing per-person holding caps with a £40 billion issuer-level guardrail and lifting the gilt share of reserves to 70%. Industry feedback is open until 22 September.
Andrew Cuomo Tapped to Co-Chair OKX-ICE Crypto Joint Venture
Former New York governor Andrew Cuomo will co-chair a joint venture between OKX and NYSE owner Intercontinental Exchange with ICE futures-exchanges chief Trabue Bland. Cuomo has advised OKX on policy since 2022, spanning the exchange's $504 million DOJ settlement. The venture is the consumer-facing
Former New York governor Andrew Cuomo will co-chair a joint venture between OKX and NYSE owner Intercontinental Exchange with ICE futures-exchanges chief Trabue Bland. Cuomo has advised OKX on policy since 2022, spanning the exchange's $504 million DOJ settlement. The venture is the consumer-facing
Jaredfromsubway.eth, Ethereum's Most Active Sandwich Bot, Drained for $7.5M Over the Weekend
An attacker drained more than $7.5 million from jaredfromsubway.eth, the Ethereum address tied to roughly 70% of sandwich attacks on the network, after a counter-MEV honeypot fed it 66 fake token contracts over several weeks. Blockaid disclosed the exploit Saturday.
An attacker drained more than $7.5 million from jaredfromsubway.eth, the Ethereum address tied to roughly 70% of sandwich attacks on the network, after a counter-MEV honeypot fed it 66 fake token contracts over several weeks. Blockaid disclosed the exploit Saturday.
Morgan Stanley Files Amended S-1s for Spot Solana and Ethereum Trusts
Morgan Stanley's amended S-1 filings for its spot Solana and spot Ethereum trusts name BNY Mellon and Coinbase Custody as joint custodians, set a 0.14% sponsor fee, and reserve the tickers MSOL and MSSE on NYSE Arca. Both products include staking provisions.
Morgan Stanley's amended S-1 filings for its spot Solana and spot Ethereum trusts name BNY Mellon and Coinbase Custody as joint custodians, set a 0.14% sponsor fee, and reserve the tickers MSOL and MSSE on NYSE Arca. Both products include staking provisions.
1,200 Tech Companies Tell Senate to Pass CLARITY Act as Lummis Calls Code-as-Crime Risk an 'Absurdity'
The Consumer Technology Association, representing more than 1,200 firms including Amazon, Apple and Google, urged the Senate to pass the CLARITY Act without delay. Senator Cynthia Lummis followed with an on-record statement that the bill ends the 'absurdity' of developers needing lawyers to know
The Consumer Technology Association, representing more than 1,200 firms including Amazon, Apple and Google, urged the Senate to pass the CLARITY Act without delay. Senator Cynthia Lummis followed with an on-record statement that the bill ends the 'absurdity' of developers needing lawyers to know
Re7 Labs Opens $223K USDC Compensation Pool for USR Exploit Victims
Re7 Labs opened a 223,000 USDC compensation pool for wallets affected by the March exploit of Resolv Labs' USR stablecoin. The Morpho curator joins Gauntlet, which opened a 4.37 million USDC payout earlier this month, in publishing claim mechanics.
Re7 Labs opened a 223,000 USDC compensation pool for wallets affected by the March exploit of Resolv Labs' USR stablecoin. The Morpho curator joins Gauntlet, which opened a 4.37 million USDC payout earlier this month, in publishing claim mechanics.
WSJ: $1.9M in Fake Bets Propped Up Polymarket Creator Videos
A Wall Street Journal investigation found that roughly $1.9 million in bets shown across more than 1,100 creator videos promoting Polymarket were not real, part of a paid influencer program in which creators filmed fake trades on dummy versions of the platform.
A Wall Street Journal investigation found that roughly $1.9 million in bets shown across more than 1,100 creator videos promoting Polymarket were not real, part of a paid influencer program in which creators filmed fake trades on dummy versions of the platform.
Franklin Templeton Closes 250 Digital Acquisition, Launches Franklin Crypto for Institutional Allocators
The $1.78 trillion asset manager stands up a dedicated institutional crypto unit, extending a platform that already includes the BENJI tokenized money-market fund and a proposed pair of dividend-into-bitcoin ETFs.
The $1.78 trillion asset manager stands up a dedicated institutional crypto unit, extending a platform that already includes the BENJI tokenized money-market fund and a proposed pair of dividend-into-bitcoin ETFs.
Five Former EF Researchers Launch Ethlabs, an Independent Non-Profit R&D Lab for Ethereum
Ansgar Dietrichs, Barnabé Monnot, Caspar Schwarz-Schilling, Josh Rudolf, and Julian Ma have launched Ethlabs, an independent non-profit R&D lab backed by Bitmine, Sharplink, and Consensys founder Joe Lubin, with a thesis that Ethereum will become the universal onchain settlement layer.
Ansgar Dietrichs, Barnabé Monnot, Caspar Schwarz-Schilling, Josh Rudolf, and Julian Ma have launched Ethlabs, an independent non-profit R&D lab backed by Bitmine, Sharplink, and Consensys founder Joe Lubin, with a thesis that Ethereum will become the universal onchain settlement layer.
Ethereum Foundation’s CSA Lays Out Execution Plan: MEV Elimination, Default Privacy, ETH Pay
Aerugo, the Ethereum Foundation’s Chief Strategy Advisor, outlined how EF will implement its new mandate: treating MEV extraction as a structural threat, making privacy a protocol default, and moving EF compensation into ETH and Ethereum-native stablecoins.
Aerugo, the Ethereum Foundation’s Chief Strategy Advisor, outlined how EF will implement its new mandate: treating MEV extraction as a structural threat, making privacy a protocol default, and moving EF compensation into ETH and Ethereum-native stablecoins.
a16z-Backed Goldfinch Finance Winds Down After Originating $100M in Loans
Warbler Labs posted an official governance proposal on June 12 to wind down Goldfinch Prime and move the protocol to maintenance mode. A Snapshot vote is passing 100% in favor. Depositors face a two-or-more-year recovery horizon as GFI trades 99.8% below its January 2022 all-time high.
Warbler Labs posted an official governance proposal on June 12 to wind down Goldfinch Prime and move the protocol to maintenance mode. A Snapshot vote is passing 100% in favor. Depositors face a two-or-more-year recovery horizon as GFI trades 99.8% below its January 2022 all-time high.
CFTC Opens Comment on 24/7 Energy Futures and Perpetual Oil Contracts
The CFTC issued a request for comment on running standard futures around the clock and on perpetual contracts referencing physically delivered energy commodities such as crude oil, extending the perpetual-contract model from crypto into oil and gas derivatives.
The CFTC issued a request for comment on running standard futures around the clock and on perpetual contracts referencing physically delivered energy commodities such as crude oil, extending the perpetual-contract model from crypto into oil and gas derivatives.
Secret Network's Axelar Bridge Drained $4.67M via Infinite-Mint Flaw
Secret Network's cross-chain bridge to Axelar has been suspended after an attacker exploited a years-old minting flaw in a CW20-ICS20 contract to drain $4.67 million in wrapped tokens over seven undetected days. The exploit ran from June 10 to June 17, drained seven Axelar-wrapped assets, and has
Secret Network's cross-chain bridge to Axelar has been suspended after an attacker exploited a years-old minting flaw in a CW20-ICS20 contract to drain $4.67 million in wrapped tokens over seven undetected days. The exploit ran from June 10 to June 17, drained seven Axelar-wrapped assets, and has
Micron Stock Goes On-Chain 48 Hours Before Earnings as Backpack Securities Lists $MU on Solana
Sunrise and Backpack Securities tokenized Micron Technology ($MU) stock on Solana on Monday, landing the asset on-chain 48 hours before the chipmaker's fiscal Q3 earnings report. Each MU token is backed 1:1 by a real share held in custody and redeemable through Backpack Exchange into a traditional
Sunrise and Backpack Securities tokenized Micron Technology ($MU) stock on Solana on Monday, landing the asset on-chain 48 hours before the chipmaker's fiscal Q3 earnings report. Each MU token is backed 1:1 by a real share held in custody and redeemable through Backpack Exchange into a traditional
Baillie Gifford Launches UK-Regulated Tokenized Bond Fund on Solana and Ethereum With BNY
Scottish asset manager Baillie Gifford has launched BAGEY, the first publicly available, fully native UK-regulated tokenized bond fund, with BNY providing custody and wallet infrastructure across Solana and Ethereum.
Scottish asset manager Baillie Gifford has launched BAGEY, the first publicly available, fully native UK-regulated tokenized bond fund, with BNY providing custody and wallet infrastructure across Solana and Ethereum.