The Brutalist Report

Coindesk

• U.S. CFTC moves to stop Kalshi from canceling trades as ordered by Michigan court [6d]
• Some U.S. Senate Democrats come out against Clarity Act, calling it a 'corrupt' bill [6d]
• Binance bets on becoming a crypto 'super app' as stablecoins reshape growth [6d]
• The Clarity Act isn't a ticket to sanctions evasion, actually [6d]
• Mizuho downgrades Circle to underperform, cuts price target to $50 on Open USD threat [7d]
• Wikipedia blackout could hurt how AI engines like ChatGPT understand crypto [7d]
• U.S., UK move to align rules for tokenized finance across world's largest financial markets [7d]
• JPMorgan says Hyperliquid's rise threatens Circle's USDC economics [7d]
• Ethereum Foundation spinout EthSystems targets banks with blockchain privacy technology [7d]
• For pension funds, tokenization’s real play is balance-sheet management, Fidelity’s Lai says [7d]
• Hut 8 price target hiked to $165 at Benchmark as AI pivot reshapes valuation [7d]
• U.S. June CPI fell 0.4%, likely cooling move toward Fed rate hikes [7d]
• ECB picks firms including Deutsche Bank, Revolut for digital euro pilot [7d]
• Japan’s biggest card network taps Circle to bring stablecoins to 40 million merchants [7d]