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Crypto groups endorse Brian Quintenz for CFTC amid regulatory standoff with banks
ByRicardoThe Crypto Council for Innovation (CCI) and the Blockchain Association jointly issued a letter on Aug. 20 endorsing Brian Quintenz for Chairman of the US Commodity Futures Trading Commission (CFTC). In the letter to President Donald Trump, the groups emphasized that confirming Quintenz promptly is critical to advancing his administration’s agenda to foster a “golden…
Vitalik proposes multidimensional Ethereum fees amid record low gas prices
ByRicardoEthereum co-founder Vitalik Buterin and researcher Anders Elowsson have introduced a proposal to overhaul how users pay for transactions on the network. The plan centers around a unified multidimensional fee market, designed to simplify fee calculation and improve economic efficiency across the Ethereum ecosystem. The proposal arrives during a period of low network fees. Over…
Ethereum outpaces Bitcoin as institutional inflows hit record $11.2B in July
ByRicardoInstitutional investors are pouring money into crypto investment products at record levels, with Ethereum leading the charge. According to the latest data from CoinShares, digital asset funds attracted $1.9 billion last week alone. This brought total inflows for July to a historic $11.2 billion, eclipsing the previous peak of $7.6 billion in December 2024. The…
Threat Intelligence: An Analysis of a Malicious Solana Open-source Trading Bot
ByRicardoFrom the code, it is evident that the create_coingecko_proxy() method first invokes import_wallet(), which in turn calls import_env_var() to obtain the private key. The import_env_var() function is primarily used to retrieve environment variable configurations from the .env file. If the environment variable exists, it is returned directly. If not, the code enters the Err(e) branch and logs an…
US banks can now hold crypto – but why is it only for gas fees?
ByRicardoAn unnamed nationwide financial institution has requested the Office of the Comptroller of the Currency for permission to hold crypto by itself stability sheet to help blockchain-based companies. On Nov. 18, the OCC lastly answered. In Interpretive Letter 1186, the company confirmed that nationwide banks could hold the native property wanted to pay blockchain “community…
Bitcoin consolidates between $104,000 and $116,000 as market faces critical decision Point
ByRicardoBitcoin (BTC) trades inside a consolidation vary between $104,000 and $116,000, with on-chain knowledge revealing critical ranges that would decide the following directional transfer. According to a Sept. 4 report by Glassnode, Bitcoin entered a risky downtrend following its mid-August all-time high, declining to $108,000 earlier than rebounding towards present ranges. The UTXO Realized Price…
