The United Kingdom’s new crypto regulatory framework will bring digital asset businesses under a much broader Financial Conduct Authority regime, but it will not automatically force banks to relax restrictions on customers sending money to cryptocurrency exchanges.The FCA published final perimeter guidance on September 16 explaining which crypto activities will require authorisation under the Financial
Why Is Celsius Suing BitMEX Six Years Later? The Celsius Network bankruptcy estate is seeking the return of more than 6,360 bitcoin from BitMEX, alleging that the crypto derivatives exchange wrongfully liquidated leveraged trades during the violent market crash of March 2020.Blockchain Recovery Investment Consortium, the litigation administrator appointed in the Celsius bankruptcy, filed the
How Does the Justin Sun Prize Work? TRON founder Justin Sun has launched a mathematics prize offering rewards of up to $1 million for solving selected problems and producing machine-verifiable proofs, with OpenAI receiving the inaugural top award.The Justin Sun Prize is built around a publicly maintained list of mathematical problems rather than academic nominations,
What Did Zcash Holders Approve? Zcash holders have overwhelmingly backed faster transactions and preservation of the network’s bitcoin-style halving schedule in a governance vote that drew participation from nearly 2.4 million ZEC.The vote, tied to the upcoming NU7 network upgrade, involved roughly two-thirds of the approximately 3.6 million ZEC eligible at the snapshot. Voting power
Coinbase CEO Brian Armstrong says the Securities and Exchange Commission and Commodity Futures Trading Commission can continue building clear U.S. cryptocurrency rules under their existing authority, after the Senate failed to advance the industry’s flagship CLARITY Act.Armstrong made the comments following the September 15 procedural defeat of H.R. 3633, which received 49 votes in favor
X has added a “Trade” option to its Cashtags feature, allowing U.S. users to move directly from conversations about stocks and cryptocurrencies on the social platform to participating brokerage and exchange platforms.The company launched its U.S. Cashtag Partner Program on September 15 with five initial partners: Interactive Brokers, Moomoo, Coinbase, Kraken and Gemini. The integration
Deutsche Bank is preparing to launch a regulated digital-asset custody service for institutional and corporate clients in Europe, marking a significant expansion of the German banking giant’s involvement in cryptocurrency infrastructure.The Frankfurt-based lender announced the service on September 16 and expects to onboard its first clients later in 2026, subject to completing the applicable regulatory
Artificial intelligence infrastructure is currently generating roughly three times as much profit per megawatt as Bitcoin mining for operators capable of serving both markets, according to new analysis from digital asset manager CoinShares.CoinShares estimates annualised profit from AI and high-performance computing, or HPC, at approximately $1.5 million per megawatt, compared with around $500,000 per MW
Why Is Tonkeeper Becoming Keeper? Tonkeeper has rebranded as Keeper as the self-custodial wallet expands beyond the TON ecosystem and adds support for six additional blockchain networks.The wallet, which says it has more than 77 million registered users, now supports TON, Bitcoin, Ethereum, TRON, BNB Smart Chain, Arbitrum and Base. The expansion turns what began
A sweeping U.S. crypto tax bill would stop investors from recognizing taxable gains or losses when they use digital assets to pay network or transaction fees of $10 or less, but the exemption disappears for taxpayers who made more than 5,000 digital-asset transfers in the previous year.The House Ways and Means Committee will mark up