BlackRock, Strategy and Coinbase Launch $15M Bitcoin Security Consortium to Counter Quantum Threats

The FOMC voted 9-3 to keep the federal funds rate at 3.5% to 3.75% on July 29. Three regional presidents dissented in favor of a 25-basis-point increase amid elevated inflation. Bitcoin traded around $64,250 after the decision, up about 1% on the day, with limited immediate volatility. Analysts described the outcome as a hawkish hold, with attention shifting to the September meeting. The Federal Reserve held its benchmark interest…

Russia’s FSB charged Telegram founder Pavel Durov with aiding terrorist activity and placed him on an international wanted list. The agency alleged Telegram failed to remove channels, chats and bots used by Ukrainian special services and extremist groups for sabotage and cyber fraud inside Russia. Telegram’s official X account responded by posting an image of Durov making a middle-finger gesture; no further comment was issued. Telegram, with o…

U.S. District Judge Katherine Menendez issued a preliminary injunction on July 27 blocking Minnesota’s prediction market ban. The ruling favors Kalshi, Polymarket US and the CFTC, finding the state law likely preempted by the Commodity Exchange Act. Minnesota’s statute, signed by Gov. Tim Walz, was set to criminalize operating or advertising prediction markets starting Aug. 1. A federal judge has temporarily blocked Minnesota from enforcing…