Scott Bessent Announces Sanctions on Digital Assets Linked

The U.S. Treasury Department has announced new sanctions that target digital assets among other sectors linked to Iran. According to a tweet from Secretary Scott Bessent, these sanctions aim to disrupt five vital lifelines Iran exploits abroad, including technology, aviation, and shipping. This measure underscores the increasing scrutiny on digital assets and may influence compliance […]

Treasury Proposes Stablecoin Licensing Rules Under GENIUS Act

The US Treasury Department has proposed new licensing rules for payment stablecoin issuers under Section 3 of the GENIUS Act, opening another major comment period for digital asset regulation. The proposed rulemaking was issued on August 18 and published on August 21. Under the proposal, payment stablecoin issuers would need to obtain a federal or […]

Jim Cramer Cites Overblown Meta Stock Trial Risk: Is This A Sell Signal?

Jim Cramer told investors not to sell Meta Platforms (META) over the youth-safety trial in Oakland, California. He argued the legal pressure is temporary and the shares reward patience. Meta stock trial risk has weighed on the shares all year. They closed Monday at $559.02, up 1.66%, valuing Meta near $1.42 trillion. Meta Platforms (META) […]

Route2FI Launches Trading Challenge with Phantom

Phantom has teamed up with influencer Route2FI to launch an ambitious trading challenge. The challenge aims to grow Route2FI’s current holdings of $22,915 to $50,000 using a mix of trading strategies. This partnership highlights Phantom’s commitment to engaging the trading community and could have implications for user adoption moving forward. For more details, check out […]

Fidelity grants ETFs power to stake 100% of crypto while outlining exit delay risks

Fidelity’s FETH and FSOL staking plans give its Ethereum and Solana exchange-traded products authority to stake up to 100% of their crypto under normal conditions, while pairing that ceiling with a layered plan for meeting redemptions when network exits take too long. The matching framework appears in Aug. 21 prospectuses for the Fidelity Ethereum Fund, […]

Sui Launches Squid Mode to Secure AI Wallets as Market

Sui has introduced Squid Mode, a significant advancement in AI wallet security. This feature allows AI agents to interact with wallets without exposing private keys, thereby enhancing user safety. The innovation, highlighted in a tweet by @SuiNetwork, aims to address security concerns in the crypto space. As adoption of AI technology grows, this could position […]