Author: James Wilson
Capital B has announced a 10-for-1 reverse stock split as the French Bitcoin treasury company seeks to make its shares accessible to a broader range of investors. Summary Capital B will consolidate every ten existing shares into one new share beginning September 8. The reverse split reduces outstanding shares without directly changing the aggregate value of investor holdings. Capital B remains Europe’s second-largest listed Bitcoin holder while further expanding its treasury financing strategy. The Euronext Growth Paris-listed company said 10 existing shares will automatically convert into one new share. The process will reduce the number of shares covered by the…
Bitcoin price has slipped below $64,000 as renewed US-Iran tensions, volatile oil prices, and a technology-sector sell-off tied to China’s Kimi K3 launch drove investors away from risk assets. Summary Bitcoin price fell below $64,000 as Middle East tensions and Kimi K3 rattled risk markets. BTC must reclaim $65,047 to confirm a sustained recovery toward $67,000. A break below $62,708 could expose the $60,000 support and trigger further liquidations. According to data from crypto.news, Bitcoin (BTC) price fell nearly 2% to $63,785 on Monday before recovering toward $64,000, still down about 1% over the past 24 hours. The Crypto Fear…
South Korean tax officials have proposed amendments to the country’s Criminal Procedure Act to establish a legal framework for seizing self-custodied digital assets, arguing that existing rules do not adequately cover wallets controlled through private keys. Summary South Korean tax officials have proposed changes to criminal law to allow the seizure of self custodied digital assets. The proposal sets out warrant requirements and recommends court supervised joint wallets to store seized crypto assets. The recommendations follow recent efforts by the National Tax Service to strengthen crypto custody after a security breach exposed seized assets. According to Digital Asset, four officials…
Hyperliquid has announced plans to introduce permissionless deployment for HIP-4 outcome markets, with the feature set to roll out on testnet before a later mainnet release. Summary Hyperliquid plans to introduce permissionless deployment for HIP 4 outcome markets, starting on testnet before a mainnet rollout. Market deployers will need to stake 500,000 HYPE and can face slashing for incorrect or delayed market settlements. The proposal follows HIP 4’s launch in May, with prediction markets generating about $100 million in trading volume during the first month. Hyperliquid said in a Sunday Telegram announcement that the upgrade is intended to support the…
Coinbase product executive Jordan Fish, better known as Cobie, said the company has become too distant from crypto-native users as questions grow over trust in the Base ecosystem. Summary Cobie says Coinbase lost touch with crypto-native users after avoidable mistakes damaged trust across Base. Base App leadership shifted to Cobie as Coinbase refocuses product on trading and onchain activity. Rune questioned whether Base can attract users while community members continue to distrust management decisions. His comments followed a public challenge from crypto commentator Rune over how the Base App plans to attract onchain users after recent community disputes. Cobie said…
FTX will begin its fifth creditor distribution on July 31, sending nearly $900 million to eligible claimants under its court-approved recovery plan. Summary FTX will distribute nearly $900 million to eligible creditors beginning July 31 through approved providers. The fifth payout round pushes total creditor distributions to about $10 billion since FTX collapsed. Bankman-Fried faces growing political resistance to clemency after losing his appeal against the fraud conviction. The payment will cover creditors in the Convenience and Non-Convenience Classes who completed required steps before the June 16 record date. A repayment update shared by creditor advocate Sunil Kavuri said eligible…
Strategy Chairman Michael Saylor has stepped up his opposition to Bitcoin Improvement Proposal 110, arguing that the temporary soft fork could weaken Bitcoin’s neutral base rules. Summary Saylor says BIP 110 risks Bitcoin neutrality by restricting transactions through new consensus-level protocol rules. BIP 110 would temporarily limit data-heavy transactions while leaving outputs created before activation entirely unaffected. Miner support remains near zero, while Saylor and Back warn disputed rules could divide Bitcoin. In an article titled “110 Reasons BIP 110 Is a Bad Idea,” Saylor said the network should not use consensus changes to decide which valid transactions deserve access…
U.S. financial regulators have missed the GENIUS Act’s one-year deadline to complete key rules for the country’s federal stablecoin framework. Summary US regulators missed the GENIUS Act deadline with several major stablecoin rule packages still unfinished. Stablecoin issuers face a shorter preparation window before the federal framework takes effect next January. Customer identification and anti-money laundering proposals remain open, preventing regulators from completing final rules yet. Several regulations remained at the proposal stage when the July 18, 2026, deadline passed.President Donald Trump signed the GENIUS Act into law on July 18, 2025. The law required primary federal stablecoin regulators to…
The United States is preparing to impose a 25% tariff on most Brazilian imports after naming the country’s Pix instant-payment system among trade practices it considers unfair. Summary Trump’s new tariff action names Pix as dollar stablecoins dominate Brazil’s fast-growing digital asset market. Pix serves Brazil’s domestic payments while stablecoins increasingly carry dollar value across crypto and commerce. Brazil is tightening stablecoin settlement rules even as U.S. pressure targets its public payment infrastructure. The move comes as dollar-backed stablecoins account for a large share of Brazil’s crypto activity, creating a split between domestic payment policy and demand for digital dollars.…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Spreadefi faces scrutiny as users assess trust, transparency, and DeFi platform credibility. As the decentralized finance (DeFi) space has evolved, users have gotten a lot more careful about which platforms they trust with their digital assets. After a long line of fraudulent projects, one question comes up naturally: can Spreadefi be trusted, or is it just another scam? Let’s take a closer look at the project, check the available information, and see whether there’s any real reason to call…