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Bitcoin financial services firm Swan Bitcoin has filed an ex parte application in moves to subpoena Cantor Fitzgerald and its former CEO, Howard Lutnick, seeking discovery tied to a failed mining venture involving former employees.  Swan sued several ex-staff in September 2024, alleging that they stole confidential documents, resigned, and then founded “counterfeit competitor” firm

The Reserve Bank of Australia is putting its support behind the real-world asset tokenization sector, citing recent analysis that it could contribute 24 billion Australian dollars ($16.7 billion) to the economy per year.   Assistant Governor Brad Jones said on Wednesday that findings from Project Acacia suggest tokenized finance and related infrastructure upgrades could be “revolutionary,”

Bitcoin Depot has named the former CEO of payments giant MoneyGram as its new boss amid mounting regulatory pressure from US states over the role of crypto ATMs in scams and money laundering.  The company said on Tuesday that Scott Buchanan had immediately stepped down as CEO, a role he served in for less than

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 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

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

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’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

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 (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