News linked to this event type.
Since the implementation of Arizona's crypto ATM law, 35 fraud victims have received full refunds totaling $171,332 through this act.
Morgan Stanley partner Zerohash's trust bank charter application submitted to the OCC was returned due to "substantial deficiencies," and the company plans to resubmit a narrower application this month.
: Fox Business crypto reporter posted on X that BlockchainAssn, a crypto industry organization, has filed an amicus brief supporting Custodia Bank's petition to the U.S. Supreme Court, urging the Court to review whether regional Federal Reserve banks have the authority to deny eligible state-chartered banks access to master accounts. The organization warned that lower court rulings in favor of the Federal Reserve grant the central bank broad power to disqualify industries or companies it does not recognize from accessing banking services, effectively determining which state-chartered banks are permitted to operate. Meanwhile, the Federal Reserve Bank of Kansas City has been granted an extension until September 11 to respond to Custodia's petition.
Hawaii's cryptocurrency ATM ban will take effect on October 1, making it the fourth state in the US to implement such a ban, aimed at addressing huge losses caused by digital asset fraud.
The New York City Council has launched an investigation into the marketing practices of prediction market companies such as Kalshi and Polymarket to verify whether they are targeting young adults with misleading tactics.
HashKey has become an authorized distributor for Anchorpoint's HKD stablecoin HKDAP, launched beta testing, and completed the first minting and redemption transaction.
crypto lending firm Figure Lending LLC offers cryptocurrency-backed loans, allowing borrowers to use Bitcoin, Ethereum, or Solana as collateral to access cash of up to 75% of the collateral's value while retaining ownership of their tokens. Such loans generally do not constitute a sale and typically do not trigger a capital gains event. Figure Lending LLC stated that borrowers should compare maximum loan-to-value ratios, fixed or variable interest rates, regulatory licensing, and liquidation terms. The firm offers fixed-rate loans with a 12-month term, a maximum annual percentage rate of 12.62%, and supports same-day funding without requiring a credit score, as approval is based on the collateral. Figure provides an optional liquidation protection feature, available in select states, which may defer liquidation during the loan term due to price declines; however, liquidation may still occur if the loan becomes delinquent. This feature does not apply to non-payment, default, or violation of loan terms, and declines in crypto asset prices may still trigger margin calls. (Decrypt)
According to The Block, the New York City Council has launched an investigation into four prediction market platforms—Kalshi, Polymarket, Coinbase, and Gemini Titan—alleging they employed "false, deceptive, or abusive" marketing tactics targeting young users. Among them, Polymarket was accused of paying social media creators to film videos placing fake bets on counterfeit websites, an incident first disclosed by The Wall Street Journal in June this year. Additionally, prediction market platforms face insider trading allegations; New York Governor Kathy Hochul signed an executive order in April prohibiting state government employees from using confidential government information to place bets on prediction markets.
Odaily News: Bitcoin News posted on X platform that Xapo Bank users have reported the app now requires location data before allowing transactions. According to reports, one user was told they must share GPS coordinates to access their funds. Xapo Bank stated it will cross-check location information with other data to confirm that the account holder controls the account. @ToneVays warned that location requirements could become standard for regulated payment apps; Casa CEO @Nneuman said the measure may be aimed at countering large-scale social engineering attacks rather than traditional KYC.
据 Cointelegraph 报道，欧洲证券和市场管理局（ESMA）于本周三更新 MiCA 注册名单，斯洛文尼亚电子货币机构 Dinaro 正式加入电子货币代币（EMT）发行方名单，成为斯洛文尼亚首家进入该名单的机构。Dinaro 受斯洛文尼亚银行监管，提供包括发卡、收单在内的支付服务，并持有 Mastercard 主要成员资格。 此次更新后，EMT 注册总数达 43 家，资产参考代币（ART）名单仍为空，不合规实体名单维持 167 家不变。加密资产服务提供商（CASP）注册方面，本次新增捷克 Partners Banka 及德国 Volksbank Beilstein-Ilsfeld-Abstatt，注册总数升至 325 家；此前于 7 月初入列的捷克公司 Altlift 则已从名单中移除。
According to Bloomberg, AI-driven code review service company CodeRabbit Inc. has completed a new $143 million financing round. The round was jointly led by Atomico and Smash Capital, with participation from BMW i Ventures and Datadog Inc., and continued support from existing shareholder Nvidia. Following this round, CodeRabbit's valuation reached $1.5 billion, with total cumulative financing exceeding $200 million. CodeRabbit focuses on providing defect identification and review services for AI-generated code. With the widespread adoption of AI programming tools, market demand for code quality assurance tools continues to grow.
Odaily News: Dinaro, an electronic money institution regulated by the Central Bank of Slovenia, has been included in the European Union's Markets in Crypto-Assets (MiCA) register of electronic money token (EMT) issuers, making it the first Slovenian issuer to be listed on the register. The latest update to the European Securities and Markets Authority (ESMA) register also added two crypto-asset service providers (CASPs): Czech lending institution Partners Banka and Germany's Volksbank Beilstein-Ilsfeld-Abstatt, bringing the total number of registered entities to 325. According to Dinaro's official website, it offers payment services such as card issuing and acquiring, and holds Mastercard principal membership. Czech company Altlift is no longer listed on the CASP register. The company first entered the register in early July this year, authorized to execute and transmit client orders and provide crypto-asset advice. With Dinaro's inclusion, the EMT register now contains 43 entries; the asset-referenced token (ART) register remains empty, and the list of non-compliant entities stands at 167. (Cointelegraph)
Odaily News: Hyperliquid is seeking a compliant path to bring its perpetual contract business into the U.S. market, and the platform is currently not open to U.S. users.Previously, the Hyperliquid Policy Center, funded by the Hyper Foundation, has been conducting policy research and advocacy work in Washington, D.C., promoting a regulated access framework for on-chain perpetual contracts and decentralized market infrastructure in the United States.If the relevant regulatory pathways are clarified, it would create conditions for Hyperliquid to offer products such as perpetual contracts to U.S. users. (The Information)
According to The Block, Anchorpoint, a subsidiary of Standard Chartered Bank, officially launched the first phase issuance of the HKD stablecoin HKDAP on Wednesday, opening test access to institutional distributors and professional investors. Anchorpoint, established as a joint venture by Standard Chartered Bank, HKT, and Animoca Brands, received a stablecoin issuer license from the Hong Kong Monetary Authority (HKMA) in April this year, becoming one of the first licensed institutions.
According to The Guardian, although Anthropic CEO Dario Amodei and OpenAI CEO Sam Altman predicted that AI would eliminate white-collar jobs on a large scale, a year later, a large-scale wave of unemployment has not emerged. The latest analysis from the Stanford Institute for Economic Policy Research shows that since ChatGPT was launched in 2022, the unemployment rate for occupational groups with high AI exposure rose by only 0.77 percentage points, lower than the 0.85 percentage points for low-exposure groups. Economists point out that AI's biggest impact currently is not reducing the number of jobs, but changing the nature of work—integrating functions, raising skill thresholds, and compressing new hiring. A ZipRecruiter survey shows that about 74% of employers have listed AI skills as an important advantage or a requirement. MIT Professor Paul Osterman warns that AI will accelerate the shift of enterprises towards outsourcing and contract labor, with about 35% of the US workforce already in an "easily replaceable" state; low-skilled workers may require public policy intervention for protection. Economists generally believe that the full impact of AI on the employment market will still take several years to manifest.
Odaily News: Flight data company FlightAware has withdrawn its lawsuit against prediction market platform Kalshi. The lawsuit was filed only one day prior, with FlightAware alleging that Kalshi used its flight data and trademarks without authorization to support bets related to flight cancellations. This withdrawal does not affect the possibility of FlightAware refiling the lawsuit. The case comes amid growing scrutiny on social media over Kalshi's aviation-related contracts, with questions raised about potential incentives for malicious interference with flights, alongside relatively low retail participation. Neither company has publicly commented on the case. The lawsuit had raised questions about whether prediction markets can use third-party data and trademarks without a commercial agreement, while Kalshi continues to face other regulatory and legal challenges in multiple states. (CoinDesk)
Odaily News: The Central Bank of Russia (Bank of Russia) will restrict retail investors from trading cryptocurrencies on regulated exchanges starting September 1, with trading limited to Bitcoin, Ethereum, and USDT only. Non-qualified investors will have an annual purchase limit of 300,000 rubles (approximately $3,600) through a single intermediary, while qualified investors will not be subject to any upper limit. These rules further clarify the legislation passed in July, but cryptocurrency payments remain prohibited under current laws in Russia. (CoinDesk)
Odaily News, Marinade Finance stated on the X platform that the Solana network came close to a halt this morning, with 28.83% of staked SOL losing connection, approaching the 33.34% halt threshold. This involved 90 validator nodes, with a total loss of approximately 333 SOL in rewards. The fault was caused by a routing error from service provider Teraswitch: an erroneous route from the Miami node was broadcast to Europe and the Asia-Pacific region, causing 12 nodes (LON1, AMS1-3, DUB1-2, FRA2, SGP1-2, TYO1-3) to lose valid routes. North America was unaffected, and the fault was resolved within 10 minutes. Marinade Finance pointed out that AS20326, an ASN hosting more than a quarter of the network's total staked amount, saw 94% of its staked volume go offline simultaneously during the fault, accounting for an actual 27.34% share, surpassing the 25% cap set by SFDP. Helius, the network's second-largest node, was offline for 33 minutes in total, with only a few nodes achieving smooth failover. Marinade Finance stated it will review staking concentration limits and push validator nodes to publicly disclose their failover capability information.
Odaily News: Bitcoin News posted on X, stating that President Trump is reportedly considering indexing capital gains to inflation, which would mean investors only pay taxes on actual, inflation-adjusted gains rather than on the full nominal appreciation. Trump is also considering expanding the capital gains exemption for home sales, potentially covering homes valued up to $2 million. The related proposal has sparked discussions about its potential impact on asset prices. Some argue that lower tax burdens would prompt investors holding significant unrealized gains to sell assets, thereby increasing supply and putting pressure on prices. Critics claim this would become another tax cut primarily benefiting wealthy asset holders. Others believe the policy is preparation for higher inflation and rising asset prices. If the U.S. government intends to keep the economy hot, adjusting capital gains for inflation could alleviate the tax burden from nominal appreciation. In this scenario, the policy could also become a significant catalyst for Bitcoin.
According to WIRED, California has recently seen a series of violent cargo theft cases targeting AI data center hardware, with criminal organizations employing new adversarial tactics to intercept trucks transporting servers and related equipment. Gerardo Pachuca, a former Los Angeles detective and consultant with 25 years of experience investigating cargo theft, stated that the prevalence of such acts is "unprecedented." Currently, these incidents have put the entire freight industry on high alert. Analysts point out that as demand for AI infrastructure construction surges, high-value server hardware has become a key target for organized crime.