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🟠 Saylor and Back unite against BIP 110 fork risk

Michael Saylor and Adam Back have publicly opposed Bitcoin Improvement Proposal 110, warning it poses a serious threat to network unity.

Saylor called BIP 110 a "dangerous precedent," while Back cautioned that the proposal could split the Bitcoin network. Miner support for the proposal currently sits near zero, though both figures warn the risk of a chain split remains real if momentum shifts.

BIP 110 is among the more contentious proposals to surface in Bitcoin's development community in recent years, with critics arguing it could fragment consensus and undermine the protocol's stability.

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⚖️ Custodia Bank takes Fed master account fight to Supreme Court

Crypto-focused Custodia Bank has filed a petition for certiorari with the U.S. Supreme Court, escalating its six-year dispute with the Federal Reserve over access to a master account.

The central legal question: whether regional Federal Reserve Bank presidents have the authority to deny master account services to chartered institutions. Custodia, which holds a Wyoming special-purpose depository institution charter, has repeatedly applied for a Fed master account and been denied. The outcome could determine whether regulators can effectively block crypto-focused banks from accessing core payment infrastructure.

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💵 Circle Paid Coinbase $908M for USDC Distribution in 2024

Circle paid Coinbase $908 million for USDC distribution services, according to newly disclosed figures. The partnership agreement is set to renew in August 2026.

The payout reflects Coinbase's central role in distributing the second-largest stablecoin by market cap. The renewal terms could reshape how revenue is split between the two companies, with potential implications for Circle's margins ahead of its planned IPO.

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🏆 Norway 🇳🇴 vs England 🏴󠁧󠁢󠁥󠁮󠁧󠁿

Norway knocked out Brazil and reached the World Cup quarterfinals for the first time ❗️

Will they continue to make history or will England stop the tournament's sensation❓

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🏦 Binance futures volume hits 2026 high at $1.63 trillion in June

Binance recorded approximately $1.63 trillion in monthly futures trading volume in June, its highest level of 2026, despite typically sluggish summer conditions and cautious broader market sentiment.

The figure was highlighted by CryptoQuant analyst JA Maartun, and marks a notable climb against seasonal headwinds that historically suppress trading activity during mid-year months.

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📈 Japan moves toward legalizing cryptocurrency ETFs

Japanese Finance Minister Satsuki Katayama has announced plans to legalize cryptocurrency exchange-traded funds in the country, marking a significant shift in Japan's regulatory approach to digital asset investment products.

No further details on a timeline or specific regulatory framework were provided in the announcement. Japan has historically maintained one of the more structured crypto regulatory environments globally, with the Financial Services Agency overseeing digital asset oversight.

The move would bring Japan closer to markets such as the U.S. and Hong Kong, which have already approved spot crypto ETF products.

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🔐 Armenian national pleads guilty in $15M Ryuk ransomware case

An Armenian national has pleaded guilty to participating in a Ryuk ransomware operation that extorted more than $15 million in Bitcoin from U.S. organizations, federal prosecutors announced.

The attacks disrupted hundreds of corporate systems, forcing victims to purchase decryption keys using cryptocurrency. Ryuk has been one of the most damaging ransomware strains targeting enterprises and critical infrastructure, with operators demanding Bitcoin payments to restore encrypted data.

The case adds to a growing list of federal prosecutions targeting ransomware actors who rely on crypto to collect and move illicit proceeds.

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