Business / Finance
Live updates: ZachXBT calls hardware wallets complete garbage; BTC steady after Korea rate hike
Blockchain investigator ZachXBT came down heavily on hardware wallets. BTC traded steady near $65,000 after South Korea's rate hike.
Government brings British Steel under public ownership
The Scunthorpe steelworks has been officially nationalised under new government powers passed this week.
U.S. Senate unanimously opposes clemency for FTX founder Sam Bankman-Fried
The nonbinding resolution passed without objection after Bankman-Fried asked for clemency, months after Trump pardoned other major crypto figures, including Changpeng Zhao and Ros…
A bitcoin wallet dormant since the 2017 peak just moved $383 million
The coins went to a fresh address rather than an exchange, so nothing has been sold yet.
Ether outruns bitcoin as ETF money returns, almost all of from BlackRock's fund
This is not a broad rally as bitcoin is up 4% over the same stretch, and solana, TRON and hyperliquid are all lower.
Two Groups of bitcoin Investors sell on the rise as U.S. inflation lifts prices to nearly $65,000
Bitcoin surges toward $65,000 on softer-than-expected inflation data, but on-chain signals show two key investor groups selling into the bounce.
Celebrity influencers paid up to £1m to advertise deodorant on Instagram
The chief executive of Wild reveals what happens behind the scenes of social media posts.
Buffett calls Bill Gates relationship with Epstein 'distasteful'
The billionaire investor's firm has stopped giving donations to the Microsoft co-founder's charity.
Coinbase's Jesse Pollak steps back from Base app leadership after admitting his crypto social strategy failed
Pollak said that Jordan Fish, also known on X as 'Cobie,' will lead the Base app team.
Salary information to be shown on job ads under new laws
The government argues the move would help jobseekers and could reduce pay discrimination claims.
Burnham faces crucial choice for chancellor as battle for No 11 continues
Whoever Burnham appoints to the key role will send a signal of his intent, writes Iain Watson.
DTCC moves tokenized securities into live trading, marking a milestone for Wall Street's blockchain push
DTCC's first live production trades using tokenized securities show how blockchain could reshape the infrastructure behind Wall Street.
Cantor and Securitize collaborate on blockchain-based IPOs
The move creates a pathway for public companies to raise capital onchain and issue tokenized securities.
Steel nationalisation takes step closer
The new legislation would see Scunthorpe-based British Steel brought into public ownership.
Ostium suffers $18 million exploit as oracle attack wave continues to hit DeFi
A hacker used Ostium's own price-reporting infrastructure against the protocol, submitting falsified future-dated oracle data to manufacture fake trading profits and trigger an $1…
Brewdog co-founder James Watt launches bid to buy back beer firm
Watt says he has made an offer to buy back the craft beer business months after it was sold to a US company.
The privacy paradox of protecting kids online
We don’t need to imagine the privacy pitfalls of age verification. They’ve been happening for years, argues Cardano Foundation CEO Frederik Gregaard.
Crypto Long & Short: To ETH or not to ETH — is SOL the better diversifier?
In this week's, Morgan Stanley’s Denny Galindo writes that as the crypto market expands, solana has historically been a better portfolio diversifier than ether, despite being more…
High-level White House meeting said to be planned to hash out Clarity Act ethics section
The most contentious piece of the crypto market structure bill is unresolved in the final weeks of Senate runway, and administration officials are expected to meet on it.
South Korea to modify 76-year-old law to classify cryptocurrencies as national assets
The government also reaffirmed plans to pilot tokenized government bonds next year and explore tokenizing state-owned real estate.
Money Box
New regulations start for shoppers using Buy Now, Pay Later.
Open USD poses biggest threat yet to Circle's USDC, CoinShares says
The consortium-backed stablecoin would share reserve income with partners instead of the issuer, pressuring Circle's margins if it debuts in 2026.
A timeline of the Ethereum Foundation's ongoing shakeup
In this week's edition of The Protocol Newsletter, we’re unpacking the timeline of all the changes at the Ethereum Foundation this year.
BlackRock's crypto assets fall 39% despite $15 billion of net inflows
BlackRock's digital asset funds attracted $15 billion in net inflows over the past year, but falling crypto prices drove the value of those holdings sharply lower.