Breaking news and updates from the world of technology.
Six federal agencies failed to finalize GENIUS Act stablecoin regulations by the July 18, 2026 statutory deadline, leaving issuers in a legal grey zone until January 2027.
The U.S. Office of the Comptroller of the Currency has granted Circle a national trust bank charter, allowing the stablecoin issuer to directly manage the $73 billion in cash and Treasuries backing its USDC token without relying on third-party custodians.
The complete legislative text of H.R. 8957, the American Reserve Modernization Act of 2026, reveals strict rules for how the federal government would hold, audit, and eventually sell Bitcoin.
Bitcoin dropped to $61,300 on Thursday, its weakest level since February 6, on a day that wiped out $1.6 billion in leveraged positions and pushed the Fear and Greed Index to 11. The immediate trigger was a convergence of 13 consecutive days of US spot ETF outflows, Strategy's first Bitcoin sale in nearly four years, and sustained capital rotation toward AI infrastructure. Ethereum fell to a 14-month low. Solana hit its lowest point since December 2023.
OFAC designated Nobitex, Wallex, Bitpin, and Ramzinex — exchanges that together processed the majority of Iran's digital asset inflows in 2025 — for IRGC financing, ransomware facilitation, and sanctions evasion.
A compromised private key in StablR's 1-of-3 minting multisignature wallet let one attacker mint millions of unbacked USDR and EURR tokens, causing both to depeg sharply. The Malta-based MiCA-regulated issuer has frozen operations and notified regulators.
Plus: Iran’s internet blackout hits the 1,000-hour mark, cryptocurrency scams result in a record amount of money stolen from Americans, and more.
The British computer scientist and entrepreneur has denied being the man who the New York Times identified at Satoshi Nakamoto.