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Share link:In this post: Democrats in the Wisconsin Senate filed a companion bill mirroring last month’s Assembly Bill 384 to tighten the noose on rampant scams linked to crypto kiosks. Senator Kelda Roys filed Senate Bill 386 on August 11 alongside six other Senate members, echoing the Assembly Bill previously filed by Rep. Ryan Spaude. Dileep Kumar, Director at Digital South Trust, said the proposed bills aim to build public trust, despite limiting high-value trades.
Share link:In this post: The Qubic project finally managed to take over 51% of the Monero hashrate, with a block reorg detected. The plan to take over the network crashed the price of XMR, undermining the value of proof-of-work. Qubic aims to retain Monero’s chain but remain the sole miner, acting as a fair block producer with no intention of malicious block reorgs.
Ripple's recent $3.28 billion XRP release triggered unfounded fears of a sell-off, but the escrow mechanism ensured market stability, and whales took advantage.
ENA’s rally may not be over. Net flows have flipped bullish, bulls have held control for 30 days, and an ascending triangle breakout above $0.79 could trigger a push toward $0.96 and $1.25.
HBAR price shows no weekly gains, but multiple timeframes now warn of downside. A looming Death Cross, fading buy pressure, and a vulnerable pennant support level could set up a 10% slide if $0.24 fails.
Steak 'n Shake's Q2 2025 sales rose by 10.7%, credited to Bitcoin payments. Its competitors, like McDonald's, showed slow growth, and the company plans more Web3 upgrades.
- 05:58The Central Bank of Russia hopes to use tokenization solutions to allow foreign buyers to purchase shares of domestic companies.ChainCatcher news, according to Cryptonews, the Central Bank of Russia hopes to use tokenization solutions to allow foreign buyers to purchase shares of domestic companies. Vladimir Chistyukhin, First Deputy Governor of the Central Bank of Russia, discussed this matter during a side event at a recent financial forum. When asked about the tokenization of Russian stocks, the central bank executive gave a positive response, calling it a "feasible option." However, Chistyukhin pointed out that overseas participants need to provide solutions at both the technical and platform levels. He stated: "In this area, foreign partners will play an important role. I am referring to those foreign entities interested in tokenizing Russian assets for trading overseas."
- 05:54Overview of Major Overnight Developments on October 1221:00 (UTC+8) - 7:00 Keywords: rate cut, India, Trump 1. Musk: OpenAI is built on lies; 2. The probability of the Federal Reserve cutting rates by 25 basis points in October is 98.3%; 3. Goldman Sachs: Dollar volatility exceeds S&P 500, losing its safe-haven attribute; 4. He Yi: Will not recover funds from users who picked up low-priced depegged assets yesterday; 5. India is investigating over 400 users suspected of tax evasion on a certain exchange; 6. The US government "shutdown" enters its 11th day, Trump demands to ensure payment of military salaries; 7. Tether and Circle collectively issued $1.75 billion in stablecoins after the market downturn.
- 05:53After Garrett Jin's identity was exposed, he changed his social media privacy settings and deleted some information.ChainCatcher news, on-chain detective Eye posted an update stating: "Hyperliquid whale Garrett Jin immediately changed his Telegram privacy settings after I posted, hiding previously public photos and phone numbers. He also deleted @XHash_com from his personal bio, just as he removed this information from his X profile after @emmettgallic exposed it. It seems he does have something to hide." Previous reports indicated that the community suspects the whale who opened a massive short position on Hyperliquid three days in advance and profited $200 million is likely Bitforex co-founder Garrett Jin.