Treasury will let states file for stablecoin approval before finishing their rules

Treasury’s Sept. 30 rule lets states preserve a path toward stablecoin-regime approval while their rules remain unfinished, by filing an initial certification on time and completing the work before substantive review. The interim final rule sets forms and review procedures for the Stablecoin Certification Review Committee, the federal body that reviews state stablecoin regimes. The…

MetaMask security scare pushes Ethereum validator exits to a nine-month high

MetaMask is pulling thousands of Ethereum validators after a security breach redirected rewards, creating a network-wide backlog for stakers trying to exit. Onchain security researcher Kaden said about 17,000 MetaMask-operated validators holding roughly 523,000 ETH were proactively exited after an analysis found that transaction-fee rewards from 18 of 19 validators that proposed blocks had been…

Bitcoin Chart Echoes Cycle That Delivered 400% Gains: Analyst

Bitcoin analyst Frank Cappelleri says the OG cryptocurrency’s chart resembles the setup that preceded a 400% rally last cycle. According to the CappThesis founder, the same technical base could support another leg higher. Chart Mirrors the 2022 to 2023 Recovery Speaking on CNBC, Cappelleri compared Bitcoin’s current structure with the period spanning 2022 and 2023,…