Saturday, December 6

Crypto

Republicans Urge Action on Market Structure Bill over Debanking Claims

Republican lawmakers on the US House Financial Services Committee and House Oversight Subcommittee have released a final report on what they called “debanking of digital assets,” claiming that the previous administration was responsible for cutting off access to financial services…

Vitalik Buterin on Quantum Computing and Ethereum Security

Key takeawaysButerin sees a nontrivial 20% chance that quantum computers could break current cryptography before 2030, and he argues that Ethereum should begin preparing for that possibility.A key risk involves ECDSA. Once a public key is visible onchain, a future…

Bitcoin Miners Face Harshest Margins on Record

The Bitcoin mining industry has entered what may be its most severe economic downturn in its 15-year history, with even large publicly traded operators struggling to break even amid collapsing mining revenue and rising debt, according to TheMinerMag.In its latest…

Eclipse brings Solana’s parallel runtime to Ethereum

The majority of Ethereum rollups have converged on a single model, in which the EVM is still the execution engine. So parallel execution remains a vague ambition rather than a feature of most Ethereum L2s. Eclipse takes a different path.…

Does GENIUS Make Stablecoin Issuers Stealth Buyers of US Debt?

The Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, signed into law on July 18, is billed as the statute that finally drags dollar‑pegged tokens out of the regulatory gray zone into a supervised, payments‑first framework. Supporters say…

Bear Trap or K? Ethereum Data Mixed on ETH Price Recovery

Ether (ETH) fell to $2,800 on Monday, failing to hold $3,000 as surging expectations of a Bank of Japan rate hike unnerved the market. Meanwhile, technicals and onchain data sent mixed signals on Ether’s ability to buck the downtrend. Key points:Ethereum…

HashKey IPO on HKEX approved amid mainland crypto quarantine

HashKey Holdings, the parent company of one of Hong Kong’s biggest licensed crypto exchanges, moved a step closer to a public listing, according to new filings from the Hong Kong Stock Exchange (HKEX).On Monday, the HKEX published a 633-page post-hearing…

Sony Bank Plans 2026 Stablecoin For PlayStation Payments

Sony Bank, the online lending subsidiary of Sony Financial Group, is reportedly preparing to launch a stablecoin that will enable payments across the Sony ecosystem in the US.Sony is planning to issue a US dollar-pegged stablecoin in 2026 and expects…

Bitcoin Price Slumps to K Amid Japan Rate Hike Expectations

Bitcoin (BTC) experienced a sharp pullback in early Asian trading on Monday, dropping $85,500 amid increasing expectations of a December rate hike by the Bank of Japan (BoJ).Key takeaways:Bitcoin dropped 5% to $85,000 in a marketwide correction, liquidating $656 million…

Ripple Secures Green Light to Grow Payment Services in Singapore

Ripple Labs has received approval from Singapore’s central bank to expand its payment activities in the region, amid a broader push to grow its business and institutional-focused offerings through acquisitions.Ripple’s Singapore subsidiary, Ripple Markets APAC, has been approved by the…

Japan Bond Yields Surge, Threatening Crypto Market Liquidity

Japanese government bond yields have jumped to their highest level in decades, prompting some analysts to speculate that it could be behind the recent crypto market sell-off on Sunday. Japan’s ten-year government bond yield hit 1.86% on Monday, its highest level…

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