Author: WebDesk

Poolin Technology has filed for Chapter 11 bankruptcy protection, setting up an orderly wind-down and asset sale process tied to its West Texas mining operations. The filing was made on July 22, 2026, in the US Bankruptcy Court for the District of New Jersey under Case No. 26-18325. Poolin Technology PTE. Ltd. and its US affiliates, Lonestar Dream Inc. and Lonestar Taproot LLC, are listed in the case. The filing details a $52 million stalking-horse bid from Thor CALAP LLC for the company’s Pyote and Tarbush mining sites in West Texas. Poolin’s prepetition liabilities stand at $173.1 million, including $163.7…

Kraken is bringing perpetual futures to eligible US traders through a regulated derivatives structure, and that is a notable shift for a product category that has usually lived outside the US market. The exchange said the product is offered through NinjaTrader Clearing, LLC, doing business as Kraken Derivatives US, a CFTC-registered Futures Commission Merchant. The contracts are listed on Bitnomial Exchange, LLC, a CFTC-regulated Designated Contract Market. That structure is the point. Perpetual futures have been one of crypto’s most important trading products for years, but US users have largely been locked out of the offshore perpetuals market unless they…

Investment giant Fidelity is the latest big player to back the latest version of the long-awaited Clarity Act.  The Boston-based firm’s “Public Policy” account on X said Friday that it was urging the Senate to pass the bill.  Lawmakers have been hashing out the crypto market structure bill since last year. A new improved draft circulating the Senate this week bans officials and their families from issuing or promoting crypto — a sticking point for opposition politicians.  “The time is now for clear rules of the road that are essential to strengthening investor confidence, providing certainty for market participants, and…

The U.S. State Department is launching a program that includes Bitcoin as a way to advance digital freedom worldwide.  Named the Freedom Tech Excellence Program, the initiative will see the State Department work with the Bitcoin Policy Institute, data-analytics firm Palantir Technologies, defense technology company Anduril Industries, and the Victims of Communism Memorial Foundation on issues including online surveillance, encryption, AI governance, and protecting free expression online. According to the program’s stated goals, participants will focus on five priority areas: First Amendment and free expression protections in the digital age; countering unlawful digital surveillance and online scams; privacy-enhancing technologies such…

America’s largest police union, the National Fraternal Order of Police (FOP), and a trio of crypto organizations have openly supported the Digital Asset Market Clarity Act.In a July 24 letter, the FOP’s National President Patrick Yoes attributed the organization’s new stance to the revision of Section 10604 of the Blockchain Regulatory Certainty Act (BRCA). The latest compilation grants law enforcement agencies authority over crime in the digital asset space.🚨🚨 National Fraternal Order of Police Endorse Clarity Act“…. the FOP’s initial concerns have been satisfactorily addressed and we look forward to working with you to get the amended bill passed.” pic.twitter.com/GzrhQXnlDv—…

Elliptic has published a new report explaining how Bitcoin ATM scams work, and the most useful part is not the usual warning that scammers exist. It is the transaction path. The report describes how fraudsters manipulate victims, often elderly people, into depositing cash at physical crypto kiosks. Once the cash is converted into crypto, the funds move into wallets controlled by scammers. From there, the money can be routed through additional addresses, services, or laundering pathways. That makes Bitcoin ATM fraud different from a normal card scam. The victim may start with cash, but the loss quickly becomes an on-chain…

The Financial Action Task Force says more jurisdictions are putting crypto rules into law, but enforcement remains the weak point. In its Seventh Targeted Update on the implementation of FATF standards for virtual assets and virtual asset service providers, the global watchdog reported that 83% of surveyed jurisdictions have passed legislation to implement the Travel Rule. That is up from 73% in 2025. On paper, that looks like progress. But the report also says only 40% of jurisdictions with Travel Rule legislation have taken supervisory or enforcement actions. In other words, more countries have rules, but far fewer are actually…

Tallinn, Estonia, July 24th, 2026, ChainwireBitSpider has highlighted its previously developed Crypto POS platform following the submission of its application for authorization as a crypto-asset service provider under MiCA in Estonia. The platform introduced an alternative approach to crypto payments by enabling customers to complete transactions using a tap-and-PIN experience similar to a traditional bank card, without relying solely on QR code scanning.The BitSpider Crypto POS offered two payment methods in a single device. A customer could pay by scanning a QR code from a self-custody wallet or a compatible wallet application. Alternatively, a customer could tap a BitSpider near-field…

SEC Commissioner Hester Peirce has issued a new statement on crypto vaults and lending strategies, and the message is more nuanced than a simple pro-crypto or anti-crypto headline. Peirce’s July 22 statement, titled “Headstands and Summervaults: A Statement on Crypto Vaults and Lending Strategies,” argues that putting an activity on-chain does not automatically move it outside federal securities laws. That is the part crypto builders need to hear carefully. The statement focuses on vaults, curators, managers, and lending strategies that may involve discretionary decisions. If someone is making investment decisions for users, setting lending parameters, choosing strategies, managing risk, or…

Sam Waldon, the Principal Deputy Director of the SEC’s Division of Enforcement, will leave the agency on July 31, 2026, marking a leadership change inside one of the most closely watched divisions in US financial regulation. The SEC said Waldon is departing after more than 14 years of service. Osman Nawaz will succeed him in the role. For crypto markets, the headline will naturally raise questions about enforcement direction. The SEC’s Enforcement Division has been central to the agency’s approach to digital asset cases for years, and any senior personnel change gets attention. But the important caveat is simple: the…