Why Is Fairshake Spending $30 Million in Ohio? Crypto-focused super PAC Fairshake is committing at least $30 million to oppose former Sen. Sherrod Brown’s attempt to return to the U.S. Senate in Ohio, making the race the group’s largest disclosed spending target of the 2026 general election so far.The campaign will include advertising and direct
How Did Hana Bank Cut Bond Settlement to the Same Day? South Korea’s Hana Bank has issued a five-year, $100 million foreign-currency digital bond through Euroclear’s blockchain infrastructure, reducing a process that traditionally takes three to five business days to same-day settlement.The transaction used Euroclear’s Digital Financial Market Infrastructure, or D-FMI, to process the bond’s
Bitcoin closed last week above its 50-week moving average for the first time in 45 weeks, a long-term trend level that Galaxy Research has tracked as a ceiling during bear markets, and the reclaim has drawn attention because of what it has meant historically. Bitcoin’s weekly candle closed at $81,159 on September 20, about 3%
Saudi Arabia has withdrawn from a Chinese-led digital currency and blockchain-based payment system designed to facilitate cross-border transactions outside the traditional U.S. dollar-dominated financial system, according to multiple reports.The initiative, widely associated with projects such as mBridge, involves central banks collaborating on wholesale central bank digital currencies (CBDCs) to enable direct settlement between participating jurisdictions.
U.S. spot Bitcoin exchange-traded funds recorded $92.1 million of net outflows on Friday, September 18, reversing the prior day’s inflow and signaling continued caution among institutional investors following a volatile week for crypto markets.The decline followed a short-lived recovery on September 17, when Bitcoin ETFs attracted $159.5 million. Over the full week, however, flows remained
Argentina has committed to implementing the Organisation for Economic Co-operation and Development’s Crypto-Asset Reporting Framework, or CARF, which will require the country to automatically share crypto transaction data with foreign tax authorities starting in 2029.The move aligns Argentina with a growing group of jurisdictions adopting CARF, a global standard designed to improve tax compliance and
Apple and Google have begun hiring for roles tied to stablecoins and blockchain-based payments, signaling early-stage exploration of how digital assets could fit into their expanding financial-services ecosystems.Recent job listings reviewed across both companies point to a growing internal focus on digital currencies, including stablecoin infrastructure, settlement systems and on-chain payment rails. While neither company
Trading volumes on Kalshi’s crypto-linked prediction markets are facing scrutiny after researchers and market participants flagged patterns they say may indicate wash trading and artificial liquidity in certain contracts.The concerns center on Kalshi’s short-duration cryptocurrency markets, particularly contracts tied to intraday Bitcoin price movements such as 5-minute and 15-minute outcomes. These products, which settle based
Why Is ZetaChain Abandoning Its Own Blockchain? ZetaChain token holders have approved a proposal to retire the project’s Layer 1 blockchain and move ZETA to Solana, effectively ending the standalone network that was originally built to connect assets and applications across competing blockchains.Proposal 68 closed Sunday with 99.4% of votes in favor, while 0.3% voted
How Did Fraudsters Target Polymarket’s U.S. Platform? Fraudsters attempted to move at least $10 million through Polymarket’s U.S. platform using stolen debit cards in February, exposing weaknesses in payment and withdrawal controls only months after the prediction-market operator began admitting American users.The scheme involved depositing money from compromised debit cards, placing bets and then attempting