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Trump Signals Easing on Prediction Markets, Crypto Markets React

U.S. President Donald Trump has edged his position on prediction markets closer to cautious acceptance after a period of public skepticism, signaling that political and regulatory dynamics abroad are influencing his stance. Speaking to reporters in Florida, Trump acknowledged that while some critics remain unconvinced, “a lot of people who are very smart” support these markets, and he suggested the United States risks being left out if it doesn’t participate as other countries move forward. That shift comes after a separate set of remarks in which Trump said he was not happy with prediction markets overall, describing the global landscape as increasingly “a casino” and noting the proliferation of betting platforms across the world. The remarks underscore a tension between domestic regulatory scrutiny and a rapidly expanding, data-driven sector that has drawn significant user and investor interest in recent months. Key takeaways Prediction markets surged in popularity, with Polymarket a...
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Crypto Lobby Seeks Regulation to End Debanking Over Reputation Risk

The Blockchain Association has publicly supported the Federal Reserve’s proposal to formalize the removal of “reputation risk” from its bank supervision framework. In a comment letter submitted in response to the Fed’s request for input, Ashok Pinto, the association’s executive vice president of legal and government relations, argued that reputation risk should be codified as a permanent rule. The group notes that reputation risk was already removed as a component of examination programs in June 2025 and urged the Fed to finalize the change promptly. According to Cointelegraph, the move would anchor supervisory standards in objective criteria rather than political considerations. The association’s position emphasizes that regulation should protect the integrity of the financial system without privileging particular industries or business models. Pinto stated that regulated entities deserve consistent, predictable standards, and that reputation risk has offered neither. Source: Blockcha...

Block Introduces Bitcoin Proof-of-Reserves to Improve Transparency

Block, the payments company behind Cash App and Square, has introduced on-chain proof-of-reserves for its corporate Bitcoin treasury, alongside new features for its products. The move places Block in the vanguard of crypto firms increasing transparency by allowing independent verification of holdings, rather than relying on trust alone. At a Las Vegas event, Block announced that anyone can independently verify Block’s Bitcoin holdings through on-chain signatures, and that reserves are actively controlled rather than merely historically observed. The company noted a balance of 8,883 BTC, valued at about $681.4 million, which it describes as the 14th-largest corporate Bitcoin holding. Key takeaways Block adds on-chain proof-of-reserves for its corporate Bitcoin treasury and for Cash App and Square, enabling public verification of holdings. 8,883 BTC are disclosed as Block’s reserves, valued around $681.4 million, marking Block as the 14th-largest corporate Bitcoin holder. PoR is pr...

US Acting AG: Devs Not Charged Without Proven Intent to Aid Crimes

Acting U.S. Attorney General Todd Blanche signaled a notable shift in how federal authorities approach blockchain development, indicating that the Department of Justice (DOJ) and the FBI will not target developers merely because their platforms are used for illicit activity. Speaking at a Las Vegas Bitcoin conference alongside FBI Director Kash Patel and Coinbase chief legal officer Paul Grewal, Blanche framed the enforcement posture as a change in tone and strategy that prioritizes the behavior of users over the creators of software tools. According to Cointelegraph, Blanche explained that as long as developers have no involvement in illicit activity and do not knowingly facilitate wrongdoing, the DOJ and FBI should not pursue them. He asserted that authorities have fundamentally changed the dynamic of investigations, underscoring a shift away from prosecuting developers who merely provide noncustodial or widely available software. Blanche’s remarks come after years during which feder...

Gmail Dot Trick Underpins Robinhood Phishing, Sending Real-Looking Emails

Robinhood users are confronting a new phishing campaign that rides on Gmail’s native dot alias feature and weaknesses in the platform’s account-creation flow. The emails, which appear to originate from Robinhood’s mail server, warn of an unrecognized device login and direct recipients to malicious sites via a deceptive call-to-action button. Early reports on social media show users receiving messages that look like legitimate Robinhood alerts. The attackers exploit Gmail’s dot-insensitivity to register nearly identical-looking accounts, then leverage a flaw in Robinhood’s onboarding flow to inject forged content into the automated emails. The result is an email that can slip past common defenses and prompt a user to click through to a phishing page. Key takeaways The attack leverages Gmail’s dot alias behavior to route phishing emails to a target’s inbox by creating Robinhood-style accounts that differ only by a dot in the address. Fraudsters embed HTML instructions in the optional...

Sen. Tillis backs crypto bill only with ethics provision

Senior Republican U.S. Senator Thom Tillis indicated that he will not support the Senate’s prospective crypto market structure legislation unless ethics provisions are included to constrain how White House officials may engage with digital assets. According to Politico, Tillis said there must be ethics language in the bill before it advances from the chamber, or he will oppose it. Democratic Senator Ruben Gallego echoed the sentiment, stating that “there is no final bill — there is no final movement — unless there is a bipartisan agreement when it comes to the ethics provision.” Tillis, who is slated to retire early next year, is a senior member of the Senate Banking Committee, the panel overseeing the legislation’s progress. The House of Representatives previously passed a version of the package, known as the CLARITY Act, in July. The Senate proposal would divide crypto regulatory responsibility between the Commodity Futures Trading Commission and the Securities and Exchange Commissio...

MARA Establishes Foundation to Promote Bitcoin Network Adoption

Bitcoin miner MARA Holdings has unveiled the MARA Foundation, a new initiative announced at the Bitcoin 2026 conference in Las Vegas. The foundation is positioned to bolster the health of the Bitcoin network and the communities that rely on it as a tool for financial sovereignty, governance, and resilience. According to MARA, the foundation will pursue measures to harden Bitcoin against security threats, including quantum computing, while expanding access to self-custodial Bitcoin and providing a suite of educational resources. It also aims to foster a robust and healthy fee market for Bitcoin transactions, reinforcing what MARA calls the core properties that make Bitcoin sound, durable money. Key takeaways The MARA Foundation launches with an initial $100,000 contribution pool and a public-vote mechanism to determine grant recipients among three Bitcoin-focused nonprofits. The foundation’s stated mission encompasses security hardening (including quantum threat preparedness), broad...