The White House says the CLARITY Act is unlikely to pass in the lame-duck session, the CFTC warns of manipulation risks in prediction markets tied to what people say or do, and FTX- and Alameda-linked wallets move more than 7,000 ETH to Wintermute. @JennSanasie has what you need to know.
Dallas Fed economists warn tokenized deposits could drain $700 billion from U.S. bank lending, $6.4 billion in bitcoin options are set to expire Friday, and the ECB pushes back on surveillance concerns over the digital euro. @uyendoe has what you need to know. https://t.co/SP7N4f5Rc3
SpaceX shares slide after the company's first earnings as a public company, Ethereum developers propose cutting new ETH issuance to zero, and Samsung expands stablecoin support to hundreds of millions of smartphones. @JennSanasie has what you need to know. https://t.co/IUr45y5hTp
The Senate delays consideration of the CLARITY Act until at least next week, a lawsuit claims a fake Bitcoin wallet app on Apple's App Store stole $1.84 million from users, and a federal judge blocks Minnesota's ban on prediction markets. @Uyendoe has what you need to know. https://t.co/9MJMnqHtIU
Prediction markets generated more World Cup volume than the entire U.S. legal sports betting industry, softer-than-expected inflation eased pressure on the Fed, and the U.S. government moved $288 million in seized crypto to Coinbase Prime. @uyendoe has what you need to know. Thank you to @hodlwithLedn 👋 for being a sponsor of the CoinDesk Media Network.
A new version of the CLARITY Act could arrive as soon as next week as lawmakers race to resolve ethics disputes, Robinhood Chain processes more than $568 million in a single day, and New Hampshire blocks a proposed bitcoin-backed bond. @samewen has what you need to know. https://t.co/tyZIP8QXiW
"The company of the future will be a machine, a man, and a dog and the only job of the dog will be to stop the man from touching the machine." @WarrenBuffett said that years ago. @Meta's Chief Data Officer, Alex Schultz, says he's being proven right. Full episode of CoinDesk Spotlight with Alex Schultz is out 👇 Thank you to @hodlwithLedn 👋 for being a sponsor of the CoinDesk Media Network.
Elon Musk's net worth dropped $50B+ as @SpaceX and $TSLA shares tumbled, plus SpaceX's $BTC wallet just made its first on-chain move in six months. @jennsanasie has what you need to know. Thank you to @jpegtrading 👋 for being a sponsor of the CoinDesk Media Network. https://t.co/Nxi1z3Ua6q
An attacker used BONK’s own governance rules to drain $20M from its treasury, TeraWulf lands a 20-year AI data center deal with Anthropic, and signs of weak U.S. demand are raising questions about Bitcoin’s latest rally. @uyendoe has what you need to know. Thank you to @realfi_co 👋 for being a sponsor of the CoinDesk Media Network.
