Business / Finance
FIFA wanted Avalanche's blockchain to help curb World Cup ticket scalping. Here's how it's going
In this week's edition of The Protocol Newsletter, we're looking at how FIFA is using the Avalanche blockchain to test out a new ticketing system.
Fed holds US interest rates steady as uncertainty over Trump's Iran deal remains
The Federal Reserve held rates between 3.5% and 3.75% after Kevin Warsh's first meeting in charge of the central bank.
Fed holds rates steady in first decision under new Chairman Kevin Warsh
Traders now turn to Warsh's debut press conference for clues how the central bank's communication will change under his leadership.
Crypto industry aghast at Illinois' new tax on holding or transferring digital assets in state budget
The 0.2% tax on any business activity involving digital assets was added last-minute, and is unlikely to change, two people familiar with the matter said.
Crypto Long & Short: The measure of a maturing market
In this week's Crypto Long & Short, trusted indexes turn fragmented digital assets into a mature market that big institutions can confidently invest in, writes Kirsten Wegner. The…
Moody’s rolls out credit ratings on Solana in tokenized asset push
The ratings giant is embedding credit scores directly into blockchain-based securities, a move aimed at boosting institutional adoption.
Driving test wait time target will not be met until autumn next year
The Transport Secretary had been aiming to reduce the backlog to seven weeks by this autumn.
BitGo stock surges on $50 million share buyback as value languishes 65% below IPO price
The buyback comes as newly public digital-asset firms face a tougher environment, with crypto markets lagging and investor attention shifting toward AI stocks.
Crypto’s security nightmare won’t be solved by ordinary audits
Without an update to the current auditing infrastructure, the crypto space will likely continue to suffer significant losses, explains Beyer.
Mexican billionaire with 70% of his investment portfolio in bitcoin says it's better than real estate
Ricardo Salinas Pliego, whose net worth is estimated at roughly $5 billion, is a bitcoin maximalist who told his wife to mortgage her house to buy bitcoin.
Kevin Warsh's first Fed meeting could be more about communication than rates
While monetary policy is expected to remain unchanged, markets are focused on whether the new chair begins reshaping how the U.S. central bank communicates.
CoinDesk 20 performance update: Bitcoin Cash (BCH) drops 3.1%, leading index lower
Cardano (ADA), down 2.8%, was also among the underperformers.
A new Bittensor proposal would turn validators into something like fund managers
Root Reborn would have TAO validators pick which subnets to back and reinvest yield into, rather than constantly selling subnet tokens to pay stakers. It is a code proposal in rev…
SpaceX's $2.6 trillion market cap nearly double that of bitcoin
Eight days after its IPO, SpaceX has surged past $2.5 trillion to become the world's sixth-largest company. And market watchers say it is pulling the risk capital crypto wants.
Bitcoin's June downturn leaves $8.6 billion in options out of the money
Only 20% of June 26 options open interest is currently in the money, while bitcoin's 12% monthly decline leaves most bullish positions underwater.
Heir to 135-year Gulf dynasty is moving a $6 trillion trade market onto blockchain rails
Abdulla Kanoo says his ARP Digital firm is building settlement infrastructure for the growing flow of trade between emerging economies, a market that could reach $32 trillion by 2…
Three Fed signals that could make bitcoin pop
Your day-ahead look for June 17, 2026
UNI token surges while rest of crypto market looks to Fed's Warsh for guidance
The Federal Open Markets Committee is set to announce the first interest-rate decision under Fed Chair Kevin Warsh, who then faces questions from journalists.
Forget retail traders: The real multi-trillion-dollar crypto future is building infrastructure for machines
While legacy banks keep corporate money idled in slow regional accounts, a new protocol allows software systems to settle multi-currency trade instantly.
What is happening to UK prices?
The war in Iran is expected to push UK Inflation further above the Bank of England's 2% target.
Japan raids ice cream giants over price-fixing allegations
The investigation on alleged cartel pricing of ice cream comes as Japan faces record summer temperatures.
Inflation remains at 2.8%, slightly lower than expected
Transport costs were rising the fastest, while the cost of food and non-alcoholic beverages fell slightly.
BitGo offers Europe’s crypto firms a MiCA-compliance lifeline as license deadline looms
BaFin-regulated BitGo says its Crypto-as-a-Service platform can help eligible crypto players across Europe with an alternative way to navigate MiCA.
Forget the price charts. Here's how bitcoin and S&P 500 look like when adjusted for the money printer
Valuations shaped by M2 money supply growth paint reveal concerning trends for risk assets.