The US just killed the penny, and it tells us something about the future of money

The US diplomatic intervention in Beirut highlights the fragile nature of regional peace efforts and the complex international dynamics at play. The post US sends diplomatic team to Beirut as Israel-Hezbollah ceasefire teeters on the edge appeared first on Crypto Briefing.

The post Kalshi vs Polymarket 2026: Fees, Markets & US Legality appeared on BitcoinEthereumNews.com. Two years ago the choice in the prediction market space was pretty straightforward. Polymarket was the crypto-native platform Americans weren’t meant to touch while Kalshi was the regulated US exchange that played by the book. Fast forward to today and there are multiple other prediction market platforms like Rothera, Predictdotfun, Opinion, Limitless etc that are looking to bite away at the market share. Despite competition ramping up, Kalshi and Polymarket are by far the leaders in terms of volume, number of trades and open interest.  The line from two years ago, however, has mostly dissolved. Polymarket now runs a CFTC-licensed US arm and despite Kalshi fighting roughly a dozen states in the US over whether sports contracts count as gambling, the latest numbers on combined trading volume between the two platforms hit $47.5 billion in the month of June alone this year. That’s more tha

The concentration of Ethereum nodes in the US and reliance on few cloud providers pose risks to network security and could impact price stability. The post Cambridge research reveals 31% of Ethereum node activity concentrated in the US appeared first on Crypto Briefing.

The post AUD/USD climbs as Chinese Yuan strength supports the Aussie appeared on BitcoinEthereumNews.com. AUD/USD advances toward the 0.6960 area on Friday, supported by a softer US Dollar (USD) and renewed strength in the Chinese Yuan (CNY). The pair continues to recover on the four-hour chart, although escalating tensions between the United States (US) and Iran are limiting broader risk appetite. US President Donald Trump said on Truth Social that Iran had requested further negotiations and that Washington had agreed to continue talks. However, Trump warned that the ceasefire was “over,” raising concerns that hostilities could intensify despite diplomatic channels remaining open. Meanwhile, the Chinese Yuan strengthened to a one-week high against the US Dollar, offering additional support to the Australian Dollar given Australia’s close trade ties with China. The move followed a stronger fixing from the People’s Bank of China (PBOC), which set the USD/CNY midpoint at 6.7989, below th

The post US Charges Rossen Iossifov in $290K Crypto Laundering Case appeared on BitcoinEthereumNews.com. US charges Rossen Iossifov over an alleged $290K crypto laundering scheme from prison. Prosecutors say forfeited crypto moved through mixers to hinder government recovery. Earlier fraud case tied Iossifov to nearly $5M laundered and 900 US scam victims. Federal prosecutors have filed new criminal charges against Bulgarian national Rossen G. Iossifov, alleging that he conspired to launder approximately $290,000 worth of cryptocurrency that had already been seized and ordered forfeited following his earlier federal fraud conviction. According to the charges, the alleged conspiracy took place in January 2024 while Iossifov was serving a prison sentence in the United States. The case introduces a new chapter in an investigation that began with his conviction for participating in a multinational fraud operation targeting hundreds of American victims. New Indictment Centers on Previously

The eased chip export controls for the UAE may signal a shift in US policy, potentially impacting AI and crypto sectors while raising ethical concerns. The post US eases chip export controls for UAE as $500M Trump crypto investment raises conflict questions appeared first on Crypto Briefing.

The post A16z’s Marc Andreessen joins Fed task force on AI and jobs appeared on BitcoinEthereumNews.com. The Federal Reserve has named Andreessen Horowitz co-founder Marc Andreessen to help lead a task force studying artificial intelligence, productivity and employment. Summary Marc Andreessen will co-lead a Federal Reserve task force examining AI, productivity and American employment. Stanford economist Charles Jones and Microsoft executive Asha Sharma will serve alongside Andreessen on the panel. The review comes as Fed officials debate whether AI will ease inflation or raise costs. The Federal Reserve announced the appointment on July 9. The panel forms part of Fed Chair Kevin Warsh’s broader review of how the central bank makes monetary policy decisions. Andreessen will serve on the Productivity and Jobs task force with Stanford University economist Charles I. Jones and Microsoft executive Asha Sharma. NEWS: Fed Chair Kevin Warsh appoints a16z founder Marc Andreessen to co-lead the

The Federal Reserve named a16z founder Marc Andreessen to a task force studying AI’s effects on productivity, employment and monetary policy.