Some Democrats in the banking committee attempted to get Republican support on amendments related to ethics, none of which made it to the final bill on Thursday. The US Senate Banking Committee advanced a long-awaited digital asset market structure bill with bipartisan support, but Republicans still need Senate Democrats’ votes […]
Spot Bitcoin ETFs shed $1 billion in a single week as capital rotated toward AI stocks and macro uncertainty weighed on sentiment, ending a six-week run that had pulled in $3.4 billion. Spot Bitcoin exchange-traded funds (ETFs) recorded $1 billion in weekly net outflows, ending a six-week inflow streak that […]
Crypto faces backlash for freezing stolen funds and for doing nothing, with expectations pulling in opposite directions. Decentralized finance (DeFi) protocols are stepping in to freeze stolen funds while centralized issuers face criticism for holding back. A recent intervention on Arbitrum saw attacker-linked assets frozen after a major exploit, while some stablecoin […]
Treasury Secretary Scott Bessent said the US has seized nearly $500 million in Iranian crypto assets, surpassing the previously reported $344 million freeze. The United States has seized nearly $500 million in Iranian cryptocurrency assets as part of a sweeping economic pressure campaign against Tehran, Treasury Secretary Scott Bessent said […]
More than a third of US crypto traders report cutting daily expenses and delaying major purchases as unrealized losses weigh on household finances. The recent crypto market downturn has forced more than one in three crypto traders to cut everyday spending, according to a new survey by CEX.IO. The survey, conducted […]
Individuals and groups would be required to register with the Bank of Russia before offering certain crypto services, or potentially face fines and prison time. Russia’s government submitted a bill to its parliament’s lower house in an effort to amend the country’s legal code to attach criminal liability for crypto […]
Michael Saylor’s Strategy acquired 13,927 Bitcoin for $1 billion last week, funding the purchase through STRC share sales, lifting the company’s holdings to 780,897 BTC. Michael Saylor’s Strategy, the world’s largest public holder of Bitcoin, added a large haul of Bitcoin to its stash last week, edging toward 800,000 BTC […]
WLFI fell to a record low after it was revealed that the project used billions of its own tokens as collateral to borrow $75 million in stablecoins. WLFI, the native token of the Donald Trump–backed World Liberty Financial platform, sank to an all-time low on Saturday as crypto users expressed […]
Alex Thorn, an executive at crypto investment firm Galaxy, said it is monitoring onchain activity for signs of an oil tanker fee paid in BTC. The Bitcoin (BTC) community is discussing the feasibility and implications of the Iranian government accepting BTC for tolls paid by oil tankers crossing the Strait […]
AI deepfakes make trust crypto’s scarcest asset. Proof-of-humanity can become the currency powering finance, governance and markets in the imitation economy. Opinion by: Kirill Avery, founder and CEO of Alien AI-generated voices are already being used in ransom scams. Synthetic agents now trade, vote and interact on blockchain networks. In […]