Market maker Citadel Securities has recommended that the Securities and Exchange Commission tighten regulations on decentralized finance when it comes to tokenized stocks, causing backlash from crypto users. Citadel Securities told the SEC in a letter on Tuesday that DeFi developers, smart-contract coders, and self-custody wallet providers should not be given “broad exemptive relief” for … Read more
Bitcoin could extend its recent rebound after posting an 8% daily gain on Wednesday, with crypto analysts pointing to signs that a local bottom may already be in. “The combination of extreme deleveraging, capitulation among short-term holders, and early signs of seller exhaustion has created the conditions for a stabilisation phase and a relief bounce,” … Read more
A chip widely used in smartphones, including the crypto-focused Solana Seeker, has an unfixable vulnerability that could allow attackers to gain complete control and steal private keys stored on the device, says crypto wallet maker Ledger. Ledger said in a report on Wednesday that it tested an attack on the MediaTek Dimensity 7300 (MT6878), and … Read more
Ethereum’s second major upgrade of the year, Fusaka, has gone live, bringing forward supercharged data capacity, reduced transaction costs and enhanced usability. The upgrade officially went live on the Ethereum mainnet at 9:49 pm UTC on Wednesday at Epoch 411392, with the headline feature being peer data availability sampling (PeerDAS), which provides significant scaling capabilities … Read more
Solana is set to roll out the awaited native token tied to its latest mobile phone model, Seeker, at the start of 2026, with the coin set to be the governance token of the company’s mobile ecosystem. Solana Mobile announced in an X post on Wednesday that the “SKR” token will have a total supply … Read more
Shares in IREN recovered on Wednesday after the Bitcoin miner said it would raise $3.6 billion through a combination of share sales and a convertible debt offering as it races to deploy computers to meet the demand for artificial intelligence. IREN (IREN) jumped 7.6% to a peak of $44.25 during trading on Wednesday, and settled … Read more
The US state of Connecticut has hit Robinhood, Kalshi and Crypto.com with cease and desist orders, accusing the platforms of offering unlicensed sports betting through event contracts. The Connecticut Department of Consumer Protection (DCP) sent letters to the three platforms on Wednesday, claiming they were “conducting unlicensed online gambling, more specifically sports wagering,” with event … Read more