Month: June 2026

Judge Denies Michelle Bond Bid To Dismiss FTX-Linked Campaign Finance Case

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A federal judge has denied Michelle Bond’s attempt to dismiss campaign finance charges connected to alleged FTX-linked political contributions, keeping another piece of the exchange’s legal fallout alive. TL;DR Michelle Bond’s motion to dismiss campaign finance charges has been denied in federal court. The case is tied to alleged funding connected to former FTX executive… Continue reading Judge Denies Michelle Bond Bid To Dismiss FTX-Linked Campaign Finance Case→

Illinois Crypto Tax Draws Industry Pushback After SB3019 Becomes Law

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Illinois has moved forward with a new digital asset tax, giving the crypto industry another state-level policy fight to watch as regulation increasingly shifts beyond Washington. TL;DR Illinois SB3019 has become law and includes a 0.2% tax tied to digital asset business activity. The measure is set to take effect on January 1, 2027. Industry… Continue reading Illinois Crypto Tax Draws Industry Pushback After SB3019 Becomes Law→

Zama And Morpho Push Confidential DeFi With New USDC Yield Vault

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DeFi with a confidential USDC yield vault design that uses fully homomorphic encryption, or FHE, to bring private deposit logic to a public Ethereum environment. TL;DR Zama published a design for private deposits into public DeFi using FHE. The vault is tied to Morpho and Steakhouse’s confidential USDC Prime setup. The useful angle is how… Continue reading Zama And Morpho Push Confidential DeFi With New USDC Yield Vault→

Coinbase-Backed Satori Finance Says It Will Wind Down Operations

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Satori Finance, a decentralized derivatives platform backed by names including Coinbase Ventures and Polychain Capital, has said it will wind down operations by July 16, putting another spotlight on how difficult crypto perps infrastructure has become outside the largest venues. TL;DR Satori Finance said it will shut down operations and terminate services by July 16,… Continue reading Coinbase-Backed Satori Finance Says It Will Wind Down Operations→

CME Plans CFTC Lawsuit Over Perpetual Futures Approval

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Derivatives giant CME Group is preparing to take the US Commodity Futures Trading Commission to court over the regulator’s approval of perpetual futures, setting up a sharp public clash over one of crypto trading’s most important product categories. TL;DR CME CEO Terry Duffy said on CNBC that the exchange plans to sue the CFTC over… Continue reading CME Plans CFTC Lawsuit Over Perpetual Futures Approval→

Ethereum Proposal Targets Safer AI-Agent Wallets With Asset-Level Spending Limits

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An Ethereum Magicians proposal for an asset-enforced spend mandate suggests token-level controls for delegated spending, including AI-agent wallet activity. TL;DR Ethereum developers are discussing an asset-level spend mandate for delegated wallets. The idea is to bound agent spending with caps, expirations, allowed tokens, and revocation rules. The proposal is aimed at safer AI-agent and delegated… Continue reading Ethereum Proposal Targets Safer AI-Agent Wallets With Asset-Level Spending Limits→

SEC Proposes Scrapping Reg NMS Trade-Through Rule In Move To Ease Market Complexity

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The SEC said it proposed rescinding Regulation NMS Rules 611 and 610(e), reopening a debate over whether the US trade-through rule still helps markets or mainly adds complexity. TL;DR The SEC has proposed rescinding Rule 611, the trade-through rule, and Rule 610(e). The change could reduce legacy equity-market routing complexity if finalized. Tokenized equity and… Continue reading SEC Proposes Scrapping Reg NMS Trade-Through Rule In Move To Ease Market Complexity→

Trace Finance Raises $32M To Expand Stablecoin Settlement Rails

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Trace Finance announced a $32 million Series A led by CoinFund, positioning the raise around regulated banking and stablecoin settlement infrastructure across Brazil, the US and emerging markets. TL;DR Trace Finance raised $32 million in a Series A led by CoinFund. The company is building regulated infrastructure that connects local bank rails with stablecoin settlement.… Continue reading Trace Finance Raises $32M To Expand Stablecoin Settlement Rails→

Ethereum EIP-8304 Proposal Targets Trustless Log And Transaction Indexing

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The Ethereum Magicians discussion for EIP-8304 introduces a draft design for trustless log and transaction indexing, aimed at making historical lookups easier to verify without centralized indexers. TL;DR EIP-8304 proposes a simpler trustless log and transaction indexing design. The goal is to help apps and light clients verify historical logs and transactions more efficiently. The… Continue reading Ethereum EIP-8304 Proposal Targets Trustless Log And Transaction Indexing→

Alchemy AgentCard Brings Visa Payments To AI Agent Commerce

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Alchemy AgentCard Brings Visa Payments To AI Agent Commerce TL;DR Alchemy-backed AgentCard is positioning itself as a virtual card and identity layer for AI agents. The product gives agents a way to make online purchases while users set limits and monitor spending. The launch connects crypto-style programmable payments with more familiar card-network rails. The bigger… Continue reading Alchemy AgentCard Brings Visa Payments To AI Agent Commerce→