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UK’s FCA proposes easing 4 core rules for crypto firms while stressing strong operational safeguards. Regulator cites $1.5B Bybit hack to justify tougher cyber resilience rules despite lighter principles. Crypto ownership in Britain hits 12%; FCA seeks feedback by Nov 12 on new regulatory framework. Britain’s financial regulator has unveiled proposals that could reshape how cryptocurrency companies operate in the country. The Financial Conduct Authority (FCA) said on Wednesday that crypto firms might be exempted from four key principles that usually apply to financial services companies. These rules normally ensure that businesses act with integrity, with skill and diligence, and…

Bitcoin network difficulty reached 136.04 trillion on Sept. 4, while dollar hashprice slipped to about $52 per petahash per day this week. Per Hashrate Index, the last adjustment set a new high for difficulty, and the forward market now prices an average hashprice near $49.17 per PH per day for the next six months.Bitcoin difficulty and hashrate (Source: mempool.space)The squeeze leaves miners deciding whether to sell inventories, consolidate operations, or pursue high-performance computing revenue tied to artificial intelligence.The production backdrop is firm. The seven-day average hashrate sits near one zettahash per second, while transaction fees contribute a little over 1% of…

Agentic AI is, in the opinion of McKinsey, the way to ‘break out of the gen AI paradox.’  Nearly four in five companies are using generative AI, according to the consultancy giant’s research, but comparatively few are getting any bottom-line value from it.The answer to the question of value, therefore, may be in orchestration. As a CIO.com article from July postulates, some experts see the orchestration function as ‘the point when agents become agentic.’This is where BMC sees an opportunity with its Control-M platform, which enables organisations to automate the scheduling and processing of business workflows across various platforms and…

September was a breakout month for Binance-backed decentralized exchange Aster. The platform notched three major records that reflect its rapid ascent in decentralized finance (DeFi). From Ethereum inflows to overtaking rivals in trading activity, Aster’s growth is attracting traders, whales, and influencers alike. Ethereum Locked in Aster Surpasses 331,000 According to DefiLlama data, the amount of ETH locked in Aster reached 331,864 Ethereum as of September 23. This follows a sharp spike in the final week of the month.Sponsored Sponsored Amount of Ethereum Locked in Aster. Source: DefiLlama The milestone reflects a wave of liquidity rotation into the protocol. It…

Stablecoin issuer Tether has denied widespread local media reports that it is exiting Uruguay over a $4.8 million debt dispute with one of the country’s state-owned electricity entities.According to local news source Telemundo, Tether abandoned its crypto mining operations and future plans after the National Administration of Power Plants and Electric Transmissions (UTE) unplugged power at its facilities for failing to pay a $2 million electricity bill for May.It also reported that Tether also owed around $2.8 million for other local projects, bringing its total liabilities to roughly $4.8 million, excluding fines and surcharges, Telemundo said on Saturday, citing fellow…

Illustrations: Optics LabIf you want to get a sense of the truly global scale of the electronics industry, look no further than your smartphone. The processor that powers it started as a humble rock, and by the time it found its way into your device, it had probably seen more of the world than you have. Along the way it was subjected to some of the most technologically sophisticated and closely guarded processes on the planet. Come along as we retrace that incredible 30,000-kilometer ride. 1. Quartz Your smartphone processor began its journey in the northwest corner of Spain, at…

Key points:Bitcoin witnessed the biggest long liquidation of the year, indicating that bulls are losing their grip over the market.Several altcoins are striving to hold on to their support levels but may face solid selling on rallies.Bitcoin (BTC) fell to $111,800 on Monday but has since recovered above the $112,700 level. The nasty fall was due to liquidation of leverage positions. CoinGlass said in a post on X that traders faced $1.62 billion in long liquidations in 24 hours, which was the biggest long liquidation of this year.Select analysts are not perturbed by the fall as they anticipate BTC to…

Welcome to the US Crypto News Morning Briefing—your essential rundown of the most important developments in crypto for the day ahead. Grab a coffee to read how markets are moving this September. From ETF (exchange-traded fund) flows to sudden liquidations, gold and Bitcoin (BTC) are shaping very different stories as investors search for stability and opportunity. Crypto News of the Day: Gold Outshines Bitcoin as ETF Inflows Signal Shifting Market Trends September has been marked by surging ETF inflows into both gold and Bitcoin. However, gold is stealing the spotlight.Sponsored Sponsored On a 30-day rolling basis, inflows into gold funds…

Bitcoin price has faced sharp losses in recent days, reflecting the pressure of a bearish market environment.  The crypto king dipped below key thresholds, sparking fears of a potential bear market structure ahead. While investors are closely watching for signs of reversal, the outlook remains uncertain. Bitcoin Has A Pain Threshold The Short-Term Holder (STH) Cost Basis Model highlights Bitcoin’s vulnerability at the moment. The STH cost basis currently sits at $111,400, meaning that sustained trading below this level could trigger deeper downside pressure. Remaining above this threshold is crucial to avoid further structural weakness.Sponsored Sponsored A decisive break below…

The Bitcoin hashrate crossed an important milestone this week, hitting 1 zetahash per second. That’s 1,000,000,000,000,000,000,000 hashes computed every single second. To put it simply: Bitcoin is more secure and powerful than ever.As macro investor and long-time Bitcoin advocate, Dan Tapiero questioned:“How do people still not get it?”Bitcoin hashrate at an all-time highThe Bitcoin hashrate is at an all-time high. A zetahash is a trillion exahashes, or one sextillion hashes, and this figure represents the total computational muscle powering Bitcoin’s Proof-of-Work consensus system.Miners deploy purpose-built computers to compete for new blocks, rapidly running cryptographic “nonce” guesses until one solution fits.Hashrate…