Author: James Wilson
Ethereum researchers have proposed a new issuance model that would gradually burn validator rewards and reduce them to zero once about half of ETH’s supply is staked. Summary EIP-8361 would burn a growing share of validator rewards as Ethereum’s staking ratio increases. Rewards would reach zero near 60.25 million staked ETH, equal to roughly half the current supply. The draft proposes an 18-month transition period to limit abrupt changes in validator yields. EIP-8361 remains under community review and has not been approved for an Ethereum upgrade. EIP-8361 would taper Ethereum staking rewards Ethereum researchers Jérôme de Tychey, Justin Drake, dapplion,…
Kalshi has partnered with compliance technology provider Comply to help financial firms monitor employee activity on prediction markets as the platform expands its institutional business while fighting a multibillion-dollar lawsuit in New York. Summary Comply clients will be able to monitor employee trades placed through Kalshi’s prediction markets. The tools aim to detect possible trading based on material non-public information. Kalshi plans to extend the monitoring system to its proposed perpetual futures products. New York is seeking at least $36 billion from Kalshi in a separate lawsuit. Kalshi adds employee trade surveillance The partnership will integrate Kalshi trading data into…
Dogecoin price traded near $0.070 as SPCX stock extended its rebound ahead of SpaceX’s first earnings report as a public company. Summary Dogecoin price traded at $0.07035, with daily momentum remaining weak but stable. SPCX climbed 4.6% to $119.71, recovering from its early August low. DOGE must clear $0.07273–$0.07398 to strengthen its short-term recovery. SpaceX earnings and an approaching insider-share unlock could drive further volatility. Dogecoin price holds near $0.070 According to data from crypto.news, Dogecoin (DOGE) price was trading at $0.07035 at the time of writing, remaining near the lower end of its three-month range. The meme coin has…
Dinari has introduced tokenized access to the entire S&P 500 for U.S. investors, allowing eligible users to trade blockchain-based shares backed one-to-one by underlying securities. Summary Dinari has launched tokenized versions of all S&P 500 stocks for eligible U.S. investors. Users can buy and sell blockchain based equities through self custody wallets funded with USDC. Each tokenized share is backed by an underlying security held in regulated custody and carries investor rights. The launch comes as competition in tokenized equities continues to grow among crypto and financial firms. Dinari says its platform is already available across 85 jurisdictions and supports…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. New data shows individual investors still hold the majority of Bitcoin supply, outpacing institutions, corporations, funds, and government wallets. Summary New data shows individuals still hold roughly two-thirds of Bitcoin, outweighing institutions and ETFs. Most Bitcoin is still held by private investors, with institutions controlling only a small share, data shows. Institutions may be buying Bitcoin, but individuals still account for the largest share of holdings. The past few years have been filled with talk about how institutions have…
Ripple President Monica Long said on Aug. 4 that financial institutions are moving tokenized assets “from bank pilots to production,” creating demand for the operational infrastructure needed to issue, manage and use regulated assets on public blockchains. Summary Monica Long says financial institutions are moving tokenized funds from pilot programs into production environments. Ripple invested in ZILO and Licuido to add transfer agency, issuance, and collateral mobility infrastructure. Aviva Investors launched its first tokenized fund share class on the XRP Ledger in July. RLUSD is intended to provide the cash leg for atomic delivery versus payment fund settlements. Ripple disclosed…
Nigeria’s revenue authority has issued detailed crypto tax rules requiring exchanges and P2P marketplace operators to collect, report and remit taxes arising from virtual asset transactions. Summary Platforms must withhold 1% from taxable crypto disposals, while stablecoin sales remain exempt under guidelines. Staking, mining, airdrops and DeFi rewards may face 10% withholding when classified as taxable income. Token to fiat and fiat to token transfers attract 1.5% stamp duty collected by platforms and marketplaces under guidelines. Some withheld taxes require remittance in originating tokens, while VAT follows the transaction’s payment currency. Nigeria’s framework places exchanges and P2P operators at the…
South Korea has finalized its 2026 tax reform package while keeping the planned 22% tax on cryptocurrency investment gains set to begin on Jan. 1, 2027. Summary South Korea has finalized its 2026 tax reform plan without delaying the 22% crypto tax scheduled for Jan. 1, 2027. Annual crypto gains above 2.5 million won will be taxed at a combined 22%, with the first tax filings due in May 2028. Authorities said OECD crypto reporting rules will give South Korea access to overseas transaction data from 48 participating jurisdictions. Parliament can still amend or delay the measure as opposition lawmakers…
Boltz suspended its Bitcoin swap services indefinitely on Aug. 3 after reporting months of automated, AI assisted probing and several contained exploits. Summary Boltz suspended swaps indefinitely after reporting months of automated, AI-assisted probing and several contained exploits. The company says attackers now adapt faster than its team can identify and patch flaws. No user funds were at risk, while Boltz says it absorbed all operational losses itself. Refund APIs and support remain available, but the protocol has provided no reopening date yet. Bull Bitcoin, Aqua and ZEUS reported service disruptions tied to their reliance on Boltz swaps. The noncustodial…
The CLARITY Act remains stuck in the Senate after the White House reportedly failed to respond to a bipartisan ethics proposal, pushing its 2026 passage odds back down to 27%. Summary The White House has not responded to the Tillis-Gallego ethics counterproposal. Polymarket traders give the CLARITY Act a 27% chance of becoming law this year. Senate leaders have yet to file cloture on the bill as the chamber’s recess approaches. Bernstein warns a delay could cause another “knee-jerk” crypto sell-off. White House has not answered ethics proposal Crypto journalist Eleanor Terrett reported Monday that the White House had yet…