Author: John Smith

A federal judge has paused the CFTC’s civil case against a US Army soldier accused of using classified information to earn more than $400,000 from Polymarket contracts tied to Nicolás Maduro’s removal. Summary Judge Andrew Carter stayed the CFTC’s civil enforcement case until the related criminal proceeding concludes. Prosecutors allege Gannon Van Dyke earned about $409,881 from 13 Venezuela-related Polymarket trades. Van Dyke pleaded not guilty and has challenged whether the event contracts legally qualify as swaps. The prosecution could shape how US commodities and fraud laws apply to prediction-market insider trading. CFTC case paused until criminal proceedings conclude US…

Crypto industry leaders are voicing frustration after the U.S. Senate failed to advance the CLARITY Act before its August recess, leaving the market structure bill facing a crucial procedural vote weeks before the 2026 midterm elections. Summary Senate leaders filed cloture, setting up a Sept. 15 procedural vote on the CLARITY Act. Coinbase executives and Sen. Cynthia Lummis called the pre-recess failure disappointing and frustrating. Ethics restrictions and stablecoin rewards remain unresolved as the bill seeks 60 Senate votes. Polymarket traders give CLARITY a 25% chance of becoming law during 2026. CLARITY Act faces a Sept. 15 procedural vote Senate…

Bitcoin Policy Institute and more than 40 digital-asset organizations have called on leading AI laboratories to give qualified open-source security researchers controlled access to frontier models as AI-assisted cyberattacks grow more capable. Summary More than 40 organizations signed the appeal for trusted access to advanced AI models. The coalition requested early model access, computing power, secure environments, and direct communication channels. Block, Coinbase, Strategy, MARA, Galaxy, BitGo, Brink, and Trezor were among the signatories. The request follows several AI-assisted attacks and major Bitcoin security failures reported in 2026. Bitcoin coalition asks AI labs for controlled access Bitcoin Policy Institute announced…

BlackRock Canada has launched an exchange-traded fund that combines global equities with a 3% Bitcoin allocation, giving Canadian investors both exposures through one TSX-listed product. Summary IBQT targets 97% equities and 3% Bitcoin through underlying iShares ETFs. The fund began trading on the Toronto Stock Exchange with a 0.22% management fee. BlackRock also launched XINT, covering more than 5,000 companies outside North America. BlackRock’s U.S. Bitcoin ETF attracted about $693 million last week. IBQT combines global stocks with Bitcoin The iShares Equity + Bitcoin ETF Portfolio, trading under the ticker IBQT, began trading on the Toronto Stock Exchange on Aug.…

Bitmine Chairman Tom Lee believes Robinhood Chain could become one of 2026’s biggest crypto success stories by connecting the brokerage’s 27 million customers with Ethereum-based financial services. Summary Lee called Robinhood Chain one of crypto’s biggest success stories of 2026 after its July 1 launch. Robinhood’s customer base gives the network a potential market of more than 27 million funded accounts. Robinhood Chain has recorded nearly $9 billion in cumulative DEX volume, although memecoins drove most early trading. The Ethereum Layer 2 uses ETH for transaction fees and settles activity on the Ethereum mainnet. Tom Lee sees Robinhood Chain accelerating…

Solana price rallied nearly 7% from its Aug. 7 low, breaking a five-week descending channel as proposed supply changes and institutional adoption renewed demand for SOL. Summary Solana price rose from $72.49 to $77.36, breaking above a five-week descending channel. 4-hour Supertrend support flipped bullish at $75.02, strengthening the breakout structure. Liquidation clusters at $78 and $80 could accelerate gains if buyers maintain control. Daily momentum remains mixed, leaving $74–$75 as the main breakout invalidation zone. Solana price breaks its five-week downtrend According to data from crypto.news, Solana (SOL) price traded around $76.93 on Aug. 10, up nearly 7% from…

Revolut has secured a full banking licence in France, creating its second banking entity in the European Union as the fintech prepares to move more than 30 million Western European customers onto a Paris-based operation. Summary Revolut has secured a French banking licence, creating its second full banking entity in the EU. The French unit will initially serve France before expanding to Germany, Ireland, Italy, Portugal and Spain. The licence allows Revolut to add lending, mortgages and regulated savings products in France. Revolut has invested more than €1 billion in France and plans to open its Western Europe headquarters in…

Bitcoin hovered near $65,000 on Aug. 10 as veteran trader Peter Brandt leaned toward another decline, pointing to a large head and shoulders structure that broke down earlier this summer.  Summary Bitcoin trades near $65,000 while Peter Brandt says he would currently bet on another decline. Brandt’s head and shoulders chart points toward $58,000 if Bitcoin fails to reclaim resistance soon. Bitcoin’s daily chart shows ADX near 11.16, signaling weak trend strength during current consolidation conditions. U.S. spot Bitcoin ETFs recorded more than $850 million in net inflows across five sessions. Lookonchain tracked one whale selling 7,513 BTC worth roughly…

Cysic’s CYS token surged before South Korean exchange Upbit announced new BTC and USDT trading pairs on Aug. 10, drawing attention to the timing of one of the token’s largest intraday moves.  Summary CYS rose sharply before Upbit announced new BTC and USDT markets for the Cysic token. Upbit twice delayed trading, moving CYS support from 14:00 KST ultimately to 20:00 KST Monday. CoinGecko recorded CYS near $0.93, up 11% daily and more than 220% across seven days. CoinGecko lists CYS’s all-time high at $1.23, below the $1.30 peak. Upbit will initially restrict buy orders and allow only limit orders…

The U.K. Financial Conduct Authority is discussing standards for tokenized gold with major banks and other market participants, according to an Aug. 10 Financial Times report.  Summary FCA is discussing tokenized gold standards with major banks, according to the Financial Times report. UK regulators are considering tokenized gold for collateral in uncleared over the counter derivatives markets. Regulators plan further policy this year while developing industry standards for tokenized collateral use cases. Sixteen firms are already working through Britain’s Digital Securities Sandbox on live tokenized asset infrastructure. London handles roughly 70% of global gold trading, according to the Financial Times…