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Ethereum co-founder Vitalik Buterin responds to Jason Chaskin’s call for layer-1 blockchains to become Ethereum layer-2s, suggesting an approach to L2 design. As layer-1 networks face pressure to maintain relevance, Ethereum proponents suggest a new path forward: becoming a layer-2 on Ethereum. On Monday, Jason Chaskin, who leads app relations and research at the Ethereum Foundation,…Read More

The CLARITY Act promises long-awaited regulatory clarity for digital assets, balancing innovation, oversight and investor protection. In a long-awaited move, Congress is stepping decisively into the crypto conversation with Crypto Week, a landmark moment that could reshape the future of digital assets in the United States. At the heart of the legislative spotlight lies the…Read More

A tax expert has warned traders, particularly those operating discreetly, about the upcoming requirement to file Form 1099-DA starting in 2026. The expert also highlights the importance of reporting, even if one disagrees with the 1099-DA, to avoid being flagged for underreporting. IRS to Track Crypto Across Wallets and Chains A cryptocurrency capital gains expert…Read More

Crypto criminals are using cross-chain tools like bridges, DEXs and coin swappers to obscure $21.8B in illicit flows across multiple blockchains. At least $21.8 billion in illicit or high-risk crypto has flowed through crosschain swaps, up from $7 billion in 2023, according to estimates by UK-based blockchain analytics firm Elliptic. Elliptic attributes 12% of those…Read More

BigONE crypto exchange has confirmed a $27 million loss after a third-party attack on its hot wallet infrastructure. Crypto exchange BigONE has suffered a third-party attack targeting its hot wallet infrastructure, resulting in an estimated loss of approximately $27 million.On July 16, BigONE said it detected the security incident after abnormal asset movements triggered real-time…Read More

Singapore-based crypto firm BTC Digital Ltd. (Nasdaq: BTCT), launched its strategic bitcoin ( BTC) and ether ( ETH) reserve programs on Monday, according to a press release. The company says it finished setting up its $1 million ether reserve last week and has now completed the set up for its bitcoin reserve, also worth $1…Read More

Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and crypto news from the past week. This edition explores how the U.S. Senate is weaponizing bitcoin against El Salvador in a politicized attempt to sanction Bukele’s administration on alleged human rights violations. Latam Insights Encore: U.S. Senate Weaponizes Bitcoin Against…Read More

Billionaire Peter Thiel has bought a 9.1% stake in the crypto mining service company BitMine, which sent the company’s stock soaring in after-hour trading. Shares in crypto mining service provider BitMine Immersion Technologies rallied 12.5% after the bell on Tuesday as billionaire venture capitalist Peter Thiel scooped up an over 9% stake in the firm.Thiel…Read More

Under newly enacted legislation in Hungary, digital asset traders using “unauthorized” cryptocurrency exchanges could face up to two years in prison, with harsher penalties for larger transactions. Crypto Firms Eye Exit Amidst Legal Uncertainty Hungarian digital asset traders using “unauthorized” cryptocurrency exchanges face up to two years in prison under newly enacted legislation. Those conducting…Read More

Let’s Be Honest About GTM. Most Crypto Founders Don’t Have a Go-to-Market Problem They have a go-to-market delusion. You’ve built the MVP. The chain’s live. The X thread is polished. And still – nobody cares. Launching isn’t the hard part – surviving the silence after is. Getting attention, building trust, and turning that into active…Read More