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US Senate committee advances Trump’s ‘crypto-friendly’ Fed pick

The US Senate Banking Committee has advanced the nomination of Stephen Miran to a temporary position on the Federal Reserve Board of Governors after another member resigned in August
In a Wednesday meeting, the banking committee voted along party lines, 13 to 11, to advance Miran’s nomination to t
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StarkWare launches lightweight Bitcoin verification for use on mobile devices

StarkWare, a company specializing in zero-knowledge (ZK) technology, a way of verifying information without revealing the specific contents of that information, said it created a ZK verification of the Bitcoin (BTC)
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From 55% to 20%? How Japan plans to fix its crypto tax rules

Key takeaways
Japan plans to replace progressive crypto tax rates up to 55% with a flat 20% by fiscal year 2026.
New rules will align digital assets with equities, adding safeguards against insider trading and unfair practices.
Investors will gain three-year loss carry-forward provisions,
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Bitcoin price cycles ’getting longer’ as new forecast says $124K not the top

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ETH price to $3.5K first? Why Ethereum bears are growing louder

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Linea recovers from sequencer issue after deploying swift network fix

Ethereum layer-2 network Linea has restored its mainnet sequencer after a temporary performance degradation, the team said Wednesday.
According to Linea’s status page, the issue was detected at around 5:52 am UTC. Engineers identified the root cause and deployed a fix less than an hour later,
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Polygon finality disrupted by node bug, RPC services affected

Polygon is experiencing a temporary delay in consensus finality because of a bug affecting the Bor and Erigon nodes, according to an official incident report on its status page
The issue, which began early on Wednesday, disrupted some Remote Procedure Call (RPC) services and caused apps built on t
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Gasless transactions could take DeFi mainstream — Here’s how

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Crypto traders’ current fear won’t last long, analysts say

Crypto traders have swung into more negative sentiment and deeper fear, uncertainty, and doubt (FUD), according to the onchain analytics platform Santiment, but analysts say it’s likely only temporary.
Santiment said in an X post on Tuesday that with the price of Bitcoin (BTC) falling, and
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Banks should offer better rates to counter stablecoins: Bitwise CIO

US banks should give better rewards to attract and keep customers instead of griping about the threat that stablecoins pose to their profits, says Bitwise’s investment chief, Matt Hougan.
“If local banks are worried about competition from stablecoins, they should pay more interest on deposits,” Hou
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DC attorney general sues Athena Bitcoin over hidden fees

The Attorney General’s office in Washington, DC, has sued crypto ATM operator Athena Bitcoin, claiming it charged undisclosed fees on deposits the company knew were tied to scams and failed to put sufficient anti-fraud protections in place.

DC Attorney General Brian Schwalb alleged on Monday t
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Fintech Farmway strikes $100M deal to tokenize Georgia’s almond orchards

Farmway Technologies, a US-based fintech company specializing in tokenizing agricultural products, has reached a $100 million deal with the Republic of Georgia to put the country’s almond orchards on the blockchain.
Farmway will invest the funds in farming infrastructure, processing, logistics
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SEC pushes back decisions on Bitwise, Grayscale crypto ETFs to November

The US Securities and Exchange Commission (SEC) delayed decisions on the Bitwise Dogecoin ETF and the Grayscale Hedera ETF, keeping both applications under review until November 12.
On Tuesday, the SEC pushed back its deadline on NYSE Arca’s proposal to list the Bitwise Dogecoin ETF. The applicatio
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