The settlement resolves a Freedom of Information Act dispute backed by Coinbase that sought access to internal regulatory records from the tenure of former SEC Chair Gary Gensler. Under the reported terms, the Securities and Exchange Commission will pay $150,000 and release two documents it had previously withheld. The
Quantum computing could eventually break the cryptography that secures Bitcoin wallets, potentially exposing an estimated $460 billion in vulnerable holdings. To address that long-term risk, nine major financial and crypto firms have formed the Bitcoin Security Consortium, announced July 23, committing $15 million to support developers and researchers working
Nine major institutional players in the Bitcoin ecosystem, including BlackRock, Coinbase, and Strategy, have formed a consortium committing $15 million to support the developers who maintain and secure the network. The funding aims to bolster ongoing protocol work, with a particular focus on preparing Bitcoin's cryptography for potential
SEC Commissioner Hester Peirce cautioned on July 22 that certain crypto vaults and onchain lending strategies could fall under federal securities laws, depending on how they are structured and who controls investment decisions. Her remarks arrive as the crypto vault sector has swelled to roughly $131 billion, testing the boundaries
Coinbase is developing a post-quantum custody system and funding efforts to upgrade Bitcoin's underlying cryptography, aiming to protect user assets against future computing threats. The exchange acknowledges that quantum computers capable of breaking Bitcoin's current cryptographic protections do not yet exist and stresses that the
The Clarity Act, a crypto market structure bill moving through Congress, would establish clearer regulatory boundaries for digital assets, and Goldman Sachs' chief executive has voiced support for the measure. His position sets him apart from other major bank leaders who oppose the bill's stablecoin provisions, which
Active deployment of tokenized real-world assets within DeFi has climbed back to roughly $3.77 billion, according to DefiLlama data, nearly matching levels seen before an April 18 exploit. That incident, linked to KelpDAO, contributed to a broader $13 billion contraction across DeFi within 48 hours. The recovery took