Why GENIUS could leave digital dollars vulnerable to sudden blockchain network ‘bank runs’
The Guiding and Establishing National Innovation for U.S. Stablecoins Act, or GENIUS Act, is the new federal framework for payment stablecoin issuers. Its reserve rules…
From Bitcoin to oil, perpetual contracts are breaking into American financial markets
The Commodity Futures Trading Commission (CFTC) asked a federal court on Sept. 2 to dismiss CME’s challenge to Kalshi’s Bitcoin perpetual contract. The lawsuit turns…
CLARITY Act may be heading for lame duck after House Republicans slash the calendar
House Republicans have erased most of the remaining pre-election runway for the CLARITY Act despite mounting pressure to pass it. House Republican leaders canceled votes…
Monad’s mainnet upgrade makes storing data together 98% cheaper
Monad, an EVM-compatible blockchain, activated its MonadTen revision on mainnet at 14:30 UTC on Sept. 2. The MIP-8 upgrade changes how the network charges contracts…