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Texas Court Dismisses Crypto Dev Lawsuit Seeking Clarity

A Texas court has dismissed a lawsuit filed by crypto developer Michael Lewellen, seeking a declaratory judgment that his software, Pharos, which facilitates donations to charitable crowdfunding campaigns, won’t be prosecuted for violating money-transmission laws.  Chief US District Judge Reed O’Connor dismissed the case on Wednesday, finding that Lewellen had failed to demonstrate a credible

Google to Make Quantum Migration by 2029

Google has set a 2029 deadline for its post-quantum cryptography (PQC) migration, warning that “quantum frontiers” could be closer than they appear. On Wednesday, Google said rapid progress in quantum computing hardware and quantum error correction, along with updated estimates of how quickly a quantum machine could break today’s encryption standards, has heightened the urgency

$18.6B Monthly Bitcoin Options Expiry Could Kickstart Rally To $75K

Key takeaways: Over 90% of Bitcoin call options may expire worthless if the price fails to break above $71,000 by Friday. Traders fear rising inflation and worsening credit conditions as the US and Israel-Iran war continues. Bitcoin (BTC) has been stuck in a narrow range between $67,700 and $71,600 over the past week, closely following

Circle Froze 16 ‘Unrelated’ Stablecoin Wallets, Says ZachXBT

Stablecoin issuer Circle, the company behind the USDC (USDC) dollar-pegged token, wrongfully froze 16 wallets in connection with an ongoing civil legal case in the United States, according to onchain investigator and security researcher ZachXBT. The wallets in question belonged to crypto exchanges, online casinos and foreign currency exchange businesses, which “do not appear related

Ether Supply Tightens as Staked ETH Reaches New 38M High

Ether’s (ETH) liquid supply on the Ethereum network continues to tighten, with exchange netflows, rising staking participation, and declining exchange reserves all pointing to a shrinking pool of readily available tokens.  Analysts suggest this supply contraction may mark the early stages of a “new phase,” potentially establishing a stronger structural price floor for ETH in

US Lawmakers Hold Hearing on Tokenized Real-World Assets

Crypto industry executives on Wednesday told the US House of Representatives Committee on Financial Services that existing investor protections and financial surveillance regulations should apply to tokenized securities. The hearing was held as legislators consider the Capital Markets Technology Modernization Act of 2026 and are exploring the impact of asset tokenization on capital markets and

Bitcoin Tests Key Level as Compression Builds Toward $80K

Bitcoin (BTC) is testing the $71,500 pivot, a key level across multiple timeframes and analysts noted that price action is tilted toward a possible rally to $80,000. As traders remain split between futures-driven speculation and weak spot demand, Bitcoin has tested the $71,500 inflection point four times in the past seven days. A positive is

Franklin Templeton, Ondo bring tokenized ETFs to crypto wallets

Franklin Templeton is teaming with Ondo Finance to bring tokenized versions of its exchange-traded funds onchain, allowing investors to access them through crypto wallets. The partnership opens a new distribution channel beyond brokerage accounts as asset managers experiment with blockchain-based delivery and 24/7 market access. The tie-up was first reported by Bloomberg and later confirmed

Coinbase Co-founder and Tech Leaders to Join Trump‘s Advisory Council

US President Donald Trump announced the appointment of 13 members from the crypto, blockchain, AI, and technology industries to his Council of Advisors on Science and Technology, re-established by executive order in January 2025. In a Wednesday notice, the White House said that the council would include Meta CEO Mark Zuckerberg, Coinbase co-founder Fred Ehrsam
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