Monad proposes wallet upgrade for passkeys, recovery and quantum security

Monad has proposed a wallet security upgrade that would let users replace lost or outdated cryptographic keys while keeping the same blockchain address and assets.  According to Monad, the proposal would separate a Monad accounts permanent address from the authentication credentials used to authorize transactions, opening a path for key rotation, social recovery, passkeys and post-quantum security without forcing users to create another wallet.  A new MIP has been published: Flexible and Upgradeable Account Authentication  Accounts can change their keys without changing their address  This lets accounts upgrade to quantum-resistant schemeshttps://t.co/Ajhnr3zwST  — Monad (@monad) August 24, 2026  Under the current model used by most Ethereum-compatible wallets, an externally owned account is closely tied to its private key. Losing that key can permanently remove access to the assets held by the account, while adopting a different security method can require users to create another address and transfer their holdings.  Monad researchers Kushal Babel and Jan Camenisch have proposed changing that relationship so an address could continue to identify the same account even when its authentication credentials are replaced.  The authors described the design as a way to support “post-quantum accounts, social recovery” and user-friendly authentication methods such as passkeys at the protocol level.  Monad wallet upgrade separates addresses from keys  At

3 دن پہلےانڈسٹری

CLARITY Act Senate Cloture Motion Filed by Thune

Senate Majority Leader John Thune filed a cloture motion on the motion to proceed to H.R. 3633, the Digital Asset Market Clarity Act, earlier this month. The same record also shows Thune made the underlying motion to proceed, the procedural step that precedes any cloture vote.  This is not simply a scheduling notation. It is the mechanism by which the Senate decides whether the CLARITY Act even reaches the floor for debate, a threshold that has stalled prior crypto market-structure bills before they ever got a substantive vote.  Senator John Thune  More than two months elapsed between that committee action and the motion to proceed, a gap that reflects competition for floor time rather than any documented objection recorded in the bill‘s action history. Recent analysis of the bill’s Senate passage prospects has flagged that timing, not committee substance, as the binding constraint heading into fall.  DISCOVER: Best Meme Coins to Buy in 2026  The CLARITY Act Mechanism: Why 60 Votes, Not 51, Decide the Next Step  Cloture on a motion to proceed generally requires three-fifths of the Senate, or 60 votes, to end debate over whether the chamber will take up a bill at all. This threshold, standard under Senate procedure, means Republicans need Democratic

3 دن پہلےانڈسٹری

Bitcoin's 'Final Boss' Is Revealed

The 365-day moving average around $83,000, which may prove to be one of Bitcoins most significant technical tests, is now within striking distance of the asset thanks to its comeback. Bitcoin is currently trading between $80,000 and $81,000 after an incredible comeback from the $63,000 to $64,000 range.  Even more challenges to come  Several significant moving averages, including the long-term trend line close to $71,850, have already been crossed by Bitcoin on the daily chart. The next significant challenge is just a few thousand dollars away. The 365-day moving average is estimated to be around $83,057 by CryptoQuant.  BTC/USDT Chart by TradingView  Because Bitcoin is currently trading below its annual average price, this level merits special attention. Therefore, recovering it would be a much stronger trend signal than breaking a level of short-term resistance. Additionally, the historical chart explains why $83,000 can be considered the “final boss” for Bitcoin right now.  In the past, the 365-day average was a crucial barrier separating broader bullish and bearish structures. During its significant drop, Bitcoin lost the average and has not yet risen above it. However, there is a lot of risk involved in the immediate setup. The daily RSI for Bitcoin has increased to about 83, indicating

3 دن پہلےانڈسٹری

Tethers $120 million Uruguay mining failure now shadows its next Bitcoin bet in Brazil

Tether‘s abandoned Bitcoin mining venture in Uruguay, where a former contractor estimated spending reached about $120 million across two sites, is casting a shadow over the stablecoin issuer’s smaller renewable-energy pilot in Brazil.  Related Asset Tether USDT · Stablecoin  The Uruguay project unraveled after Tethers local entity, Microfin, and state utility UTE disagreed over the terms governing electricity use, Reuters reported. Microfin understood its contracted allocation as a minimum that could be expanded, while UTE treated it as a maximum.  The dispute was underway by late 2024. Microfin stopped paying power bills in May 2025, notified UTE the following month that it planned to terminate the contracts, and later failed to complete revised terms. UTE disconnected the sites on July 25.  Related Asset Bitcoin BTC · $79,216.88 24-hour change: up 2.10%  By November, Tether, the USDT issuer, had notified labor authorities that it would cease operations and lay off most staff. Microfin settled the outstanding UTE debt in December.  A former contractor estimated Tether spent roughly $60 million at each of the two sites in Uruguays Florida department. The approximately $120 million figure is an estimate of spending, not a confirmed loss disclosed by Tether.  The collapse contrasts with Tether‘s 2023 launch of the venture, when the

3 دن پہلےانڈسٹری

Bitcoin Exchange Coinbase Announces Listing of Two Altcoins on Spot Trading Platform! Here Are the Details

Cryptocurrency exchange Coinbase is preparing to add two new assets developed on the Base network to its spot trading market. According to an announcement by Coinbase Markets on August 25th, spot trading for Basecat (BASECAT) and DebtReliefBot (DRB) will be available in supported regions, provided the necessary liquidity conditions are met.  The exchange announced that US dollar-based trading pairs will be created for both assets. Accordingly, the BASECAT-USD and DRB-USD trading pairs will be available to investors in regions where trading is supported. Coinbase emphasized that the launch of trading depends on market conditions and sufficient liquidity.  Basecat and DebtReliefBot tokens will be among the new assets traded on the Base network following Coinbases announcement. Base operates as an Ethereum Layer 2 network powered by Coinbase, hosting various crypto projects with the goal of offering low transaction costs and high transaction capacity.  Individual investors will be able to access the new spot trading pairs through Coinbases website, mobile app, and advanced trading platform, Coinbase Advanced. Institutional clients will be able to trade the relevant assets through Coinbase Exchange.  Coinbases new token listings expand investor access to new projects in the market, while also enabling listed assets to reach a wider user base in terms

3 دن پہلے

Bitcoin Price Breaches $81,000 as Bull Market Momentum Builds

Bitcoin surged past $81,000, lifting its market cap to $1.62 trillion. The move wiped out $282 million in short positions over 24 hours—representing 62% of all crypto short liquidations.  Key TakeawaysBitcoin surged past $81,000 as rumors of U.S. Treasury bond buybacks fueled a broader market rally.Coinglass recorded $282 million in bitcoin short liquidations, driving 62% of crypto market margin wipes.Investor Stanley Druckenmiller warned Treasury Secretary Scott Bessent that yield capping risks market trust.  Short Sellers Squeezed for $282 Million in Liquidations  Bitcoin continued its rally, breaching $81,000 as optimism grows over a broader bull market. The digital currencys latest surge came hours after it nearly crossed $80,000 on reports that the U.S. Treasury plans to use a $950 billion General Account to fund bond purchases.  According to data from Bitstamp, bitcoin peaked at $81,255 at 10:45 p.m. EST on Aug. 24 before retreating and consolidating above $80,500. The jump of more than 4% lifted bitcoins market capitalization to nearly $1.62 trillion and narrowed its year-to-date losses to 8%, down from 9.5% less than 12 hours earlier.  The bitcoin price action was brutal again for traders shorting the cryptocurrency. Coinglass data showed the price action wiped out $177 million in short bets in four hours, compared

3 دن پہلےانڈسٹری

Germany widens MiCA lead as latest EU register update adds 6 banks

Germany widened its lead in the number of providers licensed under the European Unions Markets in Crypto-Assets Regulation (MiCA), with six of its cooperative banks added in the latest register update.  The European Securities and Markets Authority (ESMA) updated its MiCA register on Friday, bringing the number of authorized crypto asset service providers (CASPs) to 331.  Compared with an update from Aug. 12, the six additions were all German cooperative banks: Raiffeisenbank Aidlingen, Ihre Volksbank, VR-Bank Mittelfranken Mitte, Volksbank Euskirchen, VR Bank Ried-Überwald and Volksbank Backnang.  Germany now accounts for 79 CASPs, ahead of France with 35 and the Netherlands with 29. Germanys total has grown from 57 in late June, when the country already led MiCA authorizations, according to ESMA data previously reviewed by Cointelegraph.  Germany‘s Federal Financial Supervisory Authority (BaFin) told Cointelegraph in June that the country’s high number of MiCA authorizations partly reflects its large financial sector and the number of credit institutions eligible to offer crypto services. BaFin also pointed to Germanys pre-existing national licensing regime, which gave some CASPs access to simplified authorization procedures during the transition to MiCA.  ESMAs asset-referenced token (ART), electronic money token (EMT) and non-compliant entity datasets were unchanged. The ART register remained empty, the EMT

3 دن پہلےانڈسٹری

Bitget CEO isn‘t buying the Bitcoin rally — She’s waiting for $50K

Bitget CEO Gracy Chen isn‘t convinced that Bitcoin’s recent rally to $79,000 marks the end of the bear market.  She is keeping a significant portion of her portfolio in stablecoins and watching for a drop of more than $25,000 from current prices as a potential level to buy back into Bitcoin. “I would say $50K is the number that Im looking at for my personal Bitcoin buyback sort of price,” Chen tells the Trade Secrets show.  That being said, Chen isn‘t claiming to have any special insight into where Bitcoin’s notoriously unpredictable price is headed. She also thinks its possible Bitcoin could end the year $20,000 higher.  “I‘m just an exchange CEO,” Chen laughs. “We are not good at analyzing Bitcoin price. We’re just good at providing a trading platform for all the analysts and traders to trade,” she adds.Gracy Chen isn’t expecting Bitcoin to be up only from here. (CoinMarketCap)  Chen is also far from alone in expecting Bitcoin to potentially move lower, despite Bitcoin being up more than 20% in the past week.  Transform Ventures founder Michael Terpin told Trade Secrets at the beginning of August that “we still have more pain to go.” Terpin believes that Bitcoin will ultimately fall “66%” from

3 دن پہلےانڈسٹری

Big Investors Admit Bitcoin Rally Signals Capital Fleeing an Overheated AI Trade

Bitcoin (BTC) just posted its strongest three-day rally since 2023, and two prominent investors now say the move reflects capital finally leaving an overheated artificial intelligence (AI) trade.  There has been much speculation about the role AI investing has played in Bitcoins own market. Now, with this rally, and concerns over an AI bubble, many are noting thw way the capital is rotating.  Big Names Now Confirm the Shift  Analysts have flagged this possible shift for months without confirming it was happening. Research firm K33 warned in June that Bitcoin was losing ground as institutions chased AI returns instead.  Sponsored  Sponsored  Investor Steve Eisman went further in July, saying he had sold his Google position to cut AI exposure, warning the entire market had become one crowded trade. Then, in late July, veteran macro investor Jordi Visser argued that AIs easy-money phase was ending and that Bitcoin stood to benefit next.  Bill Miller IV, chairman and chief investment officer at Miller Value Partners, is now making the same case with fresh conviction. His comments this week, paired with Vissers, mark two of the clearest signals yet from named, established investors that the rotation out of AI and into Bitcoin is actively underway, not just theorized.  He pointed to

3 دن پہلےانڈسٹری

Binance launches 5 stock perpetuals with 20x leverage

Binance Futures launched five USDT-margined TradFi perpetual contracts on Aug. 25, giving eligible traders leveraged exposure to Trump Media, Moderna and three semiconductor-focused exchange-traded funds.  SummaryBinance launched five USDT margined perpetual contracts tied to U.S. stocks and leveraged exchange-traded funds.Contracts offer up to 20x leverage, round-the-clock trading and eight-hour funding settlements through Binance Futures.SKUU and SKDD track daily moves in SK Hynix, while RAM references leveraged DRAM exposure.DJT and MRNA perpetuals reference Trump Media and Moderna shares without granting stock ownership rights.Each contract uses USDT for settlement and requires a minimum notional trade worth five dollars.  The contracts began trading at five-minute intervals between 09:00 and 09:20 UTC. Binance listed SKUUUSDT, SKDDUSDT, RAMUSDT, DJTUSDT and MRNAUSDT with maximum leverage of 20x.  Binance adds five U.S. market-linked contracts  SKUUUSDT tracks the GraniteShares 2x Long SK Hynix Daily ETF, while SKDDUSDT references the issuers 2x Short SK Hynix Daily ETF. Both underlying funds trade on Nasdaq.  The long fund seeks twice the daily percentage change in SK Hynix‘s U.S.-listed depositary receipt. The short fund seeks twice the inverse daily return, according to GraniteShares’ product details.  You might also like:  Binance continues EU onboarding despite missing MiCA licensing deadline: report  RAMUSDT references the Roundhill T-REX 2X Long DRAM Daily Target ETF,

3 دن پہلےانڈسٹری
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