U.S. Senator Kirsten Gillibrand is demanding an enforceable ban on presidential crypto profits in market structure legislation. Her renewed push follows a new poll finding 63% of Americans consider Trump and his family’s crypto profits inappropriate. Gillibrand Makes Crypto Ethics a Condition for Her Vote Congress should bar presidents, their spouses, and senior officials from […]
Senator Seeks Trump Crypto Ban as 63% Call His Profits Inappropriate
Key Takeaways Disclosures show two IBIT positions acquired in 2025 alongside a Grayscale Ethereum ETF. All three holdings sit in standard Schwab tax-deferred accounts alongside traditional index funds. Broad congressional reporting brackets hide the exact dollar total and portfolio percentage. Holding regulated ETFs does not contradict votes against crypto market-structure reform
Why Owning Crypto ETFs Doesn’t Make Lawmakers Pro-Crypto
A Federal Reserve Bank of Cleveland study finds crypto investors hold sharply different views on returns and risk, while information about Bitcoin’s past gains can increase both desired allocations and actual crypto purchases.
Fed study finds crypto investors driven by beliefs, easily swayed by returns
Michael Saylor calls Bitcoin digital energy as Strategy’s 840,447 BTC position moves about $1.5 billion above its acquisition cost.
Bitcoin is digital energy, Michael Saylor says
BitMart hired White & Case to assess creditor distributions and a phased restart, with another restructuring update due by Sept. 9.
BitMart weighs phased restart and creditor payouts
Kalshi blocked Washington users and requested reconsideration as the CFTC prepares new federal rules governing prediction markets.
Kalshi blocks Washington users as court fight grows
Since Paul Sztorc’s ECX hard fork kicked off, more than 25,092 blocks have been mined during the Alpha phase, and block times have swung wildly. The network has already chewed through several difficulty adjustments, with some delivering massive upward jolts. ECX Blasts Through 25,000 Blocks in 13 Hours Bitcoin’s latest fork has kicked off its […]
Paul Sztorc’s Bitcoin Fork ECX Rips Past 25,000 Blocks in Just 13 Hours
Key Takeaways Term Labs confirmed a governance breach affecting its vaults, with official loss accounting still pending. On-chain tracking from PeckShield and CertiK pins the extracted assets at ~2,843 ETH plus USDC/DAI. The estimated extraction represents roughly 78% of the $10.87 million TVL recorded on DefiLlama at publish time. The breach highlights a lethal DeFi vector: atta
Term Vaults Were Exploited – Governance Rights Became an Admin Key
Two crypto trade groups sued Illinois to block its 0.2% digital asset tax before exchanges and custodians begin collecting it in 2027.
Illinois crypto groups seek injunction against new tax
Brian Armstrong says the CLARITY Act would protect consumers before a 60-vote procedural test in the Senate on Sept. 15.
Brian Armstrong says CLARITY Act protects consumers
This week, bitcoin awoke from its slumber, springing out of bed. Going in, bitcoin volatility was as compressed as it has been in a decade, with BVOL 7D at 2.82, the sixth-lowest reading in ten years, described at the time as a “historically stretched elastic band.” Fidelity’s Jurrien Timmer, writing days before the move, had […]
Digital Gold Stirs at Last – Week in Review
Key Takeaways The OCC logged digital-asset activity in 23 of its last 40 charter filings. Most applicants are targeting national trust charters rather than retail banking licenses. Fiduciary trust institutions generally do not hold consumer deposits or carry FDIC coverage. A conditional approval establishes operational requirements, not an immediate open door. The push shifts cry
What the Crypto Bank Charter Wave Means for Institutional Custody
ZachXBT may reject crypto victim requests from seven jurisdictions and restrict regional access to his planned investigation website.
ZachXBT may reject victims from seven jurisdictions
Term Labs is investigating a governance exploit affecting its vaults after security firms estimated losses of approximately $8.5 million.