Author: John Smith

South Korea has given Polymarket an opportunity to defend its operations before regulators decide whether to seek corrective action over concerns that the prediction market platform may violate the country’s gambling laws. Summary South Korean regulators will hear Polymarket’s response before deciding on possible corrective action. Authorities are reviewing whether the platform’s prediction markets violate the country’s gambling laws. The review follows an earlier police investigation into South Korean Polymarket users over alleged illegal gambling. The Broadcasting, Media and Communications Review Committee said on Monday that it will hear Polymarket’s explanation before reaching a final decision on a corrective request…

Crypto-related losses have fallen 46.8% year over year to $1.32 billion during the first half of 2026, but blockchain security firm CertiK has warned that the decline does not indicate a safer digital asset ecosystem. Summary CertiK says crypto losses fell 46.8% to $1.32 billion in H1 2026, but the decline does not mean the industry has become safer. Wallet compromises replaced phishing as the biggest attack method in Q2, with North Korean-linked attacks driving most major losses. CertiK and TRM Labs warn that attackers are becoming more targeted and sophisticated, making private key security a top priority. According to…

Robinhood shares have climbed more than 2% after the Trump administration officially launched the Trump Accounts savings program, even as the broader crypto market turned lower. Summary Robinhood gained over 2% as the Trump Accounts program officially launched. Wall Street firms kept Buy ratings and lifted Robinhood price targets. Trump hinted Bitcoin could join the program in the future, but not yet. The White House officially launched the Trump Accounts initiative on Monday with a ceremony attended by President Donald Trump, who rang the opening bells at both the Nasdaq and the New York Stock Exchange. The program has also…

Circle shares have climbed despite a bearish analyst note from Jefferies, as fresh data has shown USDC processed more than twice the adjusted stablecoin trading volume of Tether’s USDT in June. Summary Circle shares gained despite a bearish Jefferies note as USDC led stablecoin trading volumes in June. Visa data showed USDC processed $1.21 trillion in adjusted volume, more than double USDT’s $573 billion. CRCL is rebounding from key support, but bulls must clear the Supertrend resistance to confirm a trend reversal. According to Grayscale Head of Research Zach Pandl, stablecoins recorded a record $1.78 trillion in adjusted trading volume…

The biggest fight in American finance right now is over a single clause: whether digital dollars can pay their holders interest. Banks say yield-bearing stablecoins would drain trillions in deposits and break the lending machine. Crypto says the banks are defending a monopoly on other people’s money. The CLARITY Act is hostage to the answer, and this week the standoff escalated on every front. Summary A battle over whether stablecoins should pay interest has become the biggest obstacle to advancing the CLARITY Act in the US Senate. Banks warn that yield bearing stablecoins could pull trillions of dollars from deposits…

South Korea has delayed any enforcement decision against Polymarket after giving the prediction market platform a chance to respond to concerns that its service may violate the country’s gambling laws. Summary South Korea has given Polymarket a chance to respond before deciding whether to take action over gambling concerns. The review follows an earlier police investigation into local Polymarket users over alleged illegal election related gambling. The case adds to growing regulatory scrutiny of Polymarket as authorities in Europe and the United States also examine its operations. According to the Broadcasting, Media and Communications Review Committee, it has decided to…

Hong Kong’s Securities and Futures Commission has committed to separating the Certified Virtual Asset Platform practitioner exam from its mandatory course, reducing assessment fees, and improving study materials following talks with industry representatives. Summary Hong Kong’s SFC has agreed to separate the CVAP exam from its mandatory course while lowering exam fees and improving study materials. Industry representatives have sought clearer guidance on self custody, virtual asset payments, and the boundary between technology services and regulated activities. The discussions come as Hong Kong continues expanding its virtual asset licensing framework across multiple digital asset services. According to local media, the…

The CLARITY Act did not become law by July 4, despite earlier hopes from White House crypto adviser Patrick Witt. Attention has now moved to Aug. 7, the Senate’s final session day before its summer break and the campaign season. Summary July 4 passed without enactment, leaving Senate negotiators under pressure before the Aug. 7 break. Staff still need to merge Banking and Agriculture versions before any full Senate floor vote. Backers gained law enforcement support, but ethics, AML and vote math remain open Senate issues. The bill remains one of the most watched U.S. crypto market structure proposals. Crypto.news…

Michael Saylor has said Bitcoin’s next stage may come from changing less at the protocol level while becoming more important across finance. In a new X article titled “Bitcoin Evolves by Not Changing,” the Strategy executive chairman argued that Bitcoin should act as a monetary network, not a fast-moving software platform. Summary Saylor says ETF, treasury and credit flows now matter more than old miner supply shocks. Crypto.news reported that 21Shares still sees Bitcoin’s four-year cycle as intact despite wider institutional demand. Strategy’s digital credit framework shows how Saylor wants Bitcoin exposure to move through capital markets. https://twitter.com/saylor/article/2073685745512948011 Saylor said…

Bitcoin traded near $62,675 on July 5, according to crypto.news market data. The asset was up about 0.1% over 24 hours and 4.03% over seven days. Its market cap stood near $1.26 trillion, while 24-hour volume was about $17.57 billion. Summary Bitcoin trades near $62,675 as traders test whether the weekly 200MA can still hold firm. Saylor’s “digital energy” post added a macro angle while technical analysts focused on resistance overhead. ETF inflows and short squeezes lifted sentiment, but weak volume keeps confirmation limited for now. The latest 24-hour range showed Bitcoin moving between $62,462 and $63,383. That kept BTC…