Author: John Smith

Summary Binance founder Changpeng “CZ” Zhao said crypto systems only need to upgrade to post‑quantum algorithms to handle quantum computers and there is “no need to panic.” He warned that upgrading decentralized networks will be messy, may trigger forks and force users to migrate to new wallets, but argued dead projects staying unpatched will “clean up” the market. CZ suggested Satoshi’s unmoved Bitcoin should eventually be locked or destroyed if dormant beyond a set window to avoid quantum-era theft, insisting “encryption is easier than decryption” and crypto will survive the quantum era. Binance founder Changpeng “CZ” Zhao has sought to…

Summary Former a16z crypto investor Sam Broner has co-founded The Better Money Company, raising $10M in seed funding to build a stablecoin clearinghouse. The round was led by a16z crypto with backing from BoxGroup, Sunflower Capital and angels including Circle co-founder Sean Neville and ex-Microsoft exec Charlie Songhurst.finance. Better Money plans to support GENIUS Act-compliant dollar tokens such as Paxos and Stripe’s Bridge, while excluding USDT but not its U.S. sibling USAT. Former a16z crypto investor Sam Broner has raised $10 million to launch The Better Money Company, a startup aiming to become a clearinghouse for U.S. dollar stablecoins in…

Circle minted about $750M USDC on Solana in 24 hours, adding major dollar liquidity as the chain’s DeFi, trading and institutional flows continue to accelerate. Summary Circle minted about $750M in new USDC on Solana in the past 24 hours, according to SolanaFloor and other Solana ecosystem trackers. The surge comes after a broader series of Solana-focused USDC mints, including a prior $750M issuance and a week where Circle minted $4.25B on Solana alone. The move lands as USDC’s total circulation climbs back toward record highs and on-chain data shows Solana driving much of the stablecoin’s recent growth. Circle has…

Keyrock’s SC Ventures-led Series C values the crypto market maker at $1.1B as it expands from market making into M&A-driven asset and wealth management. Summary Keyrock’s new Series C round, led by Standard Chartered’s SC Ventures, values the crypto market maker at $1.1 billion. Ripple joined as an existing investor, as Keyrock eyes up to $100 million to fund expansion and M&A. The Brussels-based firm now spans 80+ trading venues and is moving deeper into asset and wealth management. Digital asset market maker Keyrock has secured a fresh Series C financing round led by Standard Chartered’s venture arm SC Ventures,…

The Russian government has approved a package of draft bills that would channel domestic crypto trading to licensed intermediaries while limiting retail access. Summary Russia has approved draft laws that would route domestic crypto trading through licensed intermediaries while restricting access for retail investors. Retail participation would be capped at 300,000 rubles per year, with eligibility tied to testing and a Bank of Russia-approved list of assets. According to an announcement from the Finance Ministry, the Russian government has approved a set of draft laws that would formalize crypto trading in Russia by strictly requiring the use of “regulated intermediaries.”…

More than 40 Democratic lawmakers have pressed U.S. regulators to step in as concerns mount over potential misuse of sensitive government information in prediction markets. Summary More than 40 Democratic lawmakers urged U.S. regulators to issue guidance barring federal employees from using nonpublic information in prediction market trades. Lawmakers flagged multiple suspicious trades tied to geopolitical and political events, raising concerns around insider activity and national security risks. In a letter sent to the Commodity Futures Trading Commission and the Office of Government Ethics, the group pointed to “multiple incidents” that, in their view, have fueled speculation that federal employees…

Cryptocurrency exchange KuCoin’s parent company has agreed to pay a $500,000 civil penalty in a settlement that claimed it operated an unregistered offshore commodities exchange. Summary KuCoin’s parent company agreed to pay a $500,000 civil penalty to settle CFTC charges tied to operating an unregistered offshore commodities exchange. The firm resolved the case without admitting or denying the allegations, while avoiding profit disgorgement after cooperating with investigators. The Commodity Futures Trading Commission said in a Monday announcement that KuCoin’s parent company, Peken Global Limited, has entered into a consent order, bringing all of the agency’s claims to a close. As…

The US Department of Labor has advanced a proposal that could allow cryptocurrencies and other alternative assets to be included in 401(k) retirement plans, bringing digital assets closer to mainstream retirement investing. Summary The US Labor Department has proposed a rule to allow crypto and alternative assets in 401k retirement plans. The framework has set out six key criteria to guide fiduciaries when selecting such investments. The change could open access to retirement capital and increase institutional participation in crypto markets. The proposal, published in the Federal Register under the title “Fiduciary Duties In Selecting Designated Investment Alternatives,” has entered…

Vine Coin (VINE) has surged 86% on renewed “AI Vine” speculation tied to Elon Musk, with volume spiking and the meme coin still trading in overbought territory. Summary Vine Coin (VINE) has jumped about 86% in 24 hours, with roughly $748M in trading volume tied to renewed speculation over an AI‑powered Vine revival on X. CoinGecko and CoinCodex data show VINE trading near $0.0153, with the market still highly speculative and technicals flashing overbought conditions. The move revives memories of July 2025, when an Elon Musk tweet helped trigger a 350–400% weekly surge and around $9.4M in short liquidations, according…

Bitmine Immersion Technologies has lifted its ether holdings to 4.73M ETH, staking $6.3B at a $2,005 reference price as it doubles down on Ethereum’s yield. Summary Ethereum treasury firm Bitmine Immersion Technologies added 71,179 ETH last week, lifting its holdings to about 4.73 million ETH. The company now stakes 3,142,643 ETH, worth roughly $6.3 billion at a reference price of $2,005 per ETH. Bitmine also holds 197 BTC plus equity stakes of $102 million in Eightco Holdings and $200 million in Beast Industries. Ethereum treasury company Bitmine Immersion Technologies has quietly become one of the largest known ether holders in…