Crypto News Digest - Quick-read versions of cryptocurrency updates
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Ethereum Core Developer Péter Szilágyi claims Vitalik Buterin has indirect control over Ethereum Foundation, critiquing its governance and investment approach. Polygon’s Sandeep Nailwal echoes concerns. #Update #Crypto $ETH
OCC Chief Jonathan Gould reassures stablecoin deposit impacts won’t be sudden, amid calls to close regulatory loopholes; stablecoin market grows from $205B to $302B. #Update #Crypto
Australian crypto traders diversify beyond $BTC, favoring $ETH at 33% of portfolios, nearly double the global average. Kraken highlights Australia’s speculative culture and interest in meme coins. #Update #Crypto $ETH
Bitcoin and financial markets anticipate U.S. inflation data post-shutdown, with analysts expecting moderate reactions. Bitcoin trades at $107,000, down 2.5% today. #Update #Crypto $BTC
Coinbase urges U.S. Treasury to modernize outdated AML laws using AI and zero-knowledge proofs, warning current rules create privacy risks and high costs. #Update #Legal
Japan’s mega-bank consortium plans a yen-pegged stablecoin, while China blocks Hong Kong projects, highlighting regulatory challenges in Asia’s stablecoin race. #Update #Crypto
X launches its handle marketplace, allowing Premium users to buy or rent inactive usernames for up to $1 million, aiming to generate new revenue as ad income declines. #Update #Tech
House of Doge, the Dogecoin Foundation’s commercial arm, acquired a controlling stake in Italian soccer club U.S. Triestina Calcio 1918, adding Toronto Blue Jays Vice Chairman Roger Rai to its advisory board.
Evernorth, backed by Ripple, aims to raise $1 billion for an XRP treasury via a SPAC merger with Armada Acquisition Corp II, closing in Q1 2026. #Update #Crypto $XRP
Top trading platforms @Coinbase and @Robinhood went offline due to an AWS outage, causing global user panic over inaccessible crypto funds. Services are recovering. #Update #Crypto
New York’s Assembly Bill 9138 proposes taxing proof-of-work miners based on electricity use, exempting renewable energy operations, effective January 2027. #Update #Crypto
Two MIT-educated brothers allegedly exploited a software vulnerability to steal $25M from crypto traders in 12 seconds, facing charges of wire fraud and money laundering. #Breaking #Legal
China blocks @AntGroup and @JD.com from pursuing stablecoin plans in Hong Kong, aligning with Beijing’s regulatory priorities to control monetary policy. #Update #Crypto