S&P and Pantera exclude Bitcoin from new revenue-based crypto index
S&P Dow Jones Indices and Pantera Capital have launched an 18-asset crypto index that excludes Bitcoin and ranks eligible blockchain networks by the protocol revenue generated during the previous two quarters. Summary S&P and Pantera launched an 18-asset crypto index…
Movement Labs Files for Bankruptcy
The MOVE token is trading more than 99% below its all-time high of $1.45 and hit an all-time low barely two days ago. Movement Labs has filed for Chapter 11 insolvency protection in the U.S. Bankruptcy Court of Delaware….
S&P and Pantera Launch New Crypto Index With Holdings in Ether, Solana, BNB and HYPE
Key Takeaways S&P and Pantera launched a crypto index using 3 metrics: revenue, usage, and economic activity. Artemis-backed screening could shift capital toward assets with 3 measurable fundamentals. S&P says the index may support future funds as institutions seek a…
UK Treasury races to solve cash barrier before tokenized bond debut
The UK Treasury has set Q1 2027 for its first tokenized sovereign bond transaction, but the project has remained dependent on finding a workable method to settle its cash leg on-chain. Summary The UK plans to issue its first tokenized…
Crypto Industry Launches First Major Legal Challenge to Illinois’ Digital Asset Tax
The case centers on equal treatment, with challengers claiming blockchain users should not face different tax rules than traditional finance. The Digital Chamber has filed a lawsuit to block Illinois’ upcoming crypto tax. The industry advocacy group argues that…
Another Stablecoin Bites the Dust as BLC Crashes From $1 to Near Worthless
Key Takeaways An attacker drained $912,000 in BTCB from 42DAO vaults on BNB Chain on July 22, 2026. Balance Coin (BLC) fell 99.92%, from near $1 to about $0.000795, per Coinmarketcap data. Slowmist and Peckshield confirmed the exploit used a…
SEC faces pressure to restrict third-party tokenized stocks
Two securities transfer groups have urged the SEC to prioritize issuer-backed tokenized stocks and ETFs while limiting unaffiliated versions that may not provide shareholders with direct ownership rights. Summary Transfer agents urged the SEC to prioritize issuer-backed tokenized stocks and…
Is Ethereum Poised for a Major Rally?
An ascent to $2,400 or crash to $1,000: what comes next for ETH? The second-largest cryptocurrency has staged a minor resurgence in the past few days, yet certain bullish signals suggest it could be on the verge of a…
Senate Republicans Push CLARITY Act With 15 Days Left as Bitcoin Struggles Near $66K
Key Takeaways Bitcoin slid below $66,000 on Wednesday before steadying near $66,200 as market momentum stalled. The CLARITY Act update includes ethics rules for U.S. officials and $164 million in crypto liquidations. Bitwise CIO Matt Hougan noted that passing the…
Bitcoin price retreats below $66K as Trump’s Iran threat reignites Fed rate hike bets
Bitcoin price has fallen more than 1% below $66,000 as renewed U.S.-Iran threats have lifted oil prices and increased expectations for another Federal Reserve rate hike this year. Summary Bitcoin price slipped below $66,000 as Trump’s latest Iran threat pressured…
