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Ripple CEO Brad Garlinghouse defended the crypto CLARITY Act framework ahead of today’s Senate vote, stating that the bipartisan policy trades made to build the bill “weren’t small.” Brad Garlinghouse has thrown his support behind Treasury Secretary Scott Bessent’s latest push for the CLARITY Act, urging the Senate to move
Balancer is contemplating a graceful shutdown due to its restructuring efforts failing to increase revenue after a $128 million hack. The protocol managed to reduce cost and launch new products following the closure of Balancer Labs in March. But revenue still relied a lot on the old V2 pools, while
The Senate Democrats have already drafted a response proposal in light of the new version of the CLARITY Act. The negotiation process seems incomplete prior to a critical vote in the Senate. The Republican crypto bill has been finalized by the Republicans on Sunday. It was announced to be their
CoinEx is closing its doors, and its founder Haipo Yang announced that the exchange will begin an orderly wind-down, with the platform formally shutting down on December 22, 2026. It is exactly nine years to the day after it launched in 2017. A prolonged crypto market downturn, significant contraction in
For most of human history, proving something was scarce meant digging it out of the ground and showing people the hole. Gold worked as a store of value for five thousand years for exactly that reason – there was only so much of it, extracting more was slow and expensive,
The updated version of the U.S. CLARITY Act imposes requirements on centrally controlled crypto algorithms before the September 15 vote. The proposal was introduced by Senator Cynthia Lummis and Republicans in the Senate, following discussions with Democrats. According to Lummis, the Republicans included more than 114 measures from the Democrats’
Kalshi is seeking regulatory approval to offer perpetual futures tied to individual U.S. stocks, including Tesla, Apple and Nvidia, according to The Wall Street Journal. The move would extend the prediction-market platform’s growing derivatives business into single-stock products that are more commonly associated with crypto trading. The company is planning
The Liquid Network has resumed block generation after the large Bitcoin withdrawal from its system. But users can’t perform transactions or cash out L-BTC at this time. This is because the resumption of block generation represents a cautious attempt to return to normalcy. Especially, after a hack attack that saw
Nu Holdings, the Brazilian fintech behind Nubank, Latin America’s largest digital bank, has launched Nu Global, a multi-currency digital account that automatically converts deposits into Circle‘s USDC and EURC stablecoins. The launch comes alongside a formal entry into the United States market, marking the company’s first move beyond its core
Trezor has confirmed that a third-party email service provider it uses was breached, allowing attackers to send phishing emails directly from the firm’s own legitimate domain. The fraudulent email carried the subject line “Critical Security Alert: STM32 Entropy Vulnerability,” designed to convince recipients that their hardware wallets were compromised and
