crypto industry

Crypto exchange Bitget has increased its estimate of losses from a recent hack to $387.5 million and announced a phased timeline for restoring customer withdrawals. The revised figure and withdrawal plan are drawing attention across the crypto industry, with users awaiting details on when they will regain full access to their funds.

The European Central Bank has rejected proposals to relax reserve requirements for euro-denominated stablecoins, according to news reports. The decision means issuers of euro stablecoins must continue holding conservative, high-quality reserves, despite pressure from parts of the crypto industry for lighter rules. The move underscores the ECB's cautious stance on digital assets and its concern that loosely backed stablecoins could pose risks to financial stability in the eurozone.

The crypto industry is increasingly working directly with US regulators rather than waiting for Congress to pass comprehensive legislation, Decrypt reports. After years of stalled bills on Capitol Hill, exchanges and industry groups are engaging agencies like the SEC and CFTC to shape rules in practice, accepting limited oversight as the price of legal certainty and market access.

Real estate investor Grant Cardone says commercial real estate is heading toward a historic crash and is presenting Bitcoin as a complementary asset for investors looking to diversify. His comments have been picked up by financial outlets including Yahoo Finance and TradingView, adding a prominent property investor's voice to ongoing debate about the sector's troubles and crypto's role in portfolios.

The Federal Reserve is seeking public comment on proposed rules implementing the GENIUS Act, the US framework for payment stablecoins. The request opens a consultation process that will shape how banks and issuers regulate stablecoin activities, drawing attention from the crypto industry and traditional banking sector alike.

Michael Saylor, co-founder of MicroStrategy and one of Bitcoin's most prominent corporate advocates, is promoting a vision in which Bitcoin is integrated directly into the traditional banking system and the digital asset industry grows to $100 trillion. The remarks position banks as key custodians and distributors of Bitcoin rather than competitors to it, reinforcing his long-running argument that institutional adoption will drive Bitcoin's next phase of growth.

Researchers are working on three proposed fixes to protect Bitcoin from future quantum computers, which could theoretically break the cryptography securing bitcoin wallets. The debate centres on how to migrate coins to quantum-resistant addresses and what to do about vulnerable old holdings. The topic is drawing attention as quantum computing advances accelerate concerns across the crypto industry.

Bitcoin miner Riot Platforms has begun drawing down its bitcoin holdings instead of accumulating, according to financial news coverage of the company's treasury strategy. The shift marks a break from the industry's buy-and-hold approach and is being read as a sign the company may be funding operations from its reserves rather than new capital raising. Analysts say it could signal broader pressure on miners.

Fast Company reports that Donald Trump's financial gains from the crypto industry are undermining efforts to pass the Clarity Act, legislation meant to establish clearer, looser rules for digital assets. The argument: Trump's personal crypto winnings have politicized the issue, making lawmakers wary of supporting industry-friendly regulation and jeopardizing the regulatory certainty crypto firms have lobbied for.

Brazil has introduced new rules targeting self-custody cryptocurrency: transfers of $10,000 or more would need to be reported, and such transfers could face a 24-hour delay. The measures are aimed at tightening oversight of crypto held outside exchanges, and are drawing attention from investors and industry watchers concerned about privacy and the practical impact on moving funds.

Copper is breaking records while silver approaches $65 an ounce, a level last seen in 2011, and gold is regaining ground. Commentators highlight copper's growing role as a store of value. In crypto markets, Bitcoin ETFs saw roughly $2.4 billion in inflows and BlackRock has moved to tokenize assets on-chain.

MicroStrategy executive chairman Michael Saylor urged US policymakers to recognize Bitcoin rights at a policy summit in Washington, DC. His remarks add to an ongoing debate in the United States over how digital assets should be regulated and what protections holders should receive. The appeal has drawn attention across the cryptocurrency community, with observers weighing its implications for future US crypto legislation and the industry's growing presence in policy discussions.

A large document dump dubbed CasinoSecretsleak has revealed tens of thousands of previously confidential files held by the gambling regulator on the Caribbean island of Curaçao. The files detail the inner workings of some of the world's largest online casinos, including crypto-based operators, shedding light on how licences are granted and the industry's oversight in the offshore jurisdiction.

A new analysis argues that Donald Trump's financial gains from cryptocurrency ventures have backfired on the industry, making it harder to win the looser regulation crypto firms hoped a second Trump term would deliver. The report suggests that Trump's personal crypto profits have drawn scrutiny and complicated efforts in Washington to pass friendly legislation, leaving the industry worse off on the regulatory front.

Tether has put forward a proposal for Twenty One Capital to merge with Strike and Elektron. The move, reported by CoinMarketCap, would combine the entities into a single structure, though details on terms and timelines have not yet been disclosed. The proposal is drawing attention across the crypto industry, with market watchers awaiting further confirmation from the parties involved.