Why banks should stop worrying and learn to love the Clarity Act
They could be the biggest winners from regulatory clarity, argues Alex Tapscott, CEO of CMCC Global Capital Markets. Source:CoinDesk
Velocity extends Series A to $48M at $200M valuation with backing from Visa, Circle, and Ripple
The investment brings Velocity's Series A round to $48 million and values the Londonbased payments infrastructure firm at $200 million, CEO Eric Queathem said.…
Bitcoin gives back Monday's gain as Clarity Act odds fade on Polymarket
Bitcoin fell 1.7% since midnight UTC to $76,862, unwinding a late Monday rally as Polymarket odds on the Clarity Act becoming law this year halved overnight.…
How a simple coding mistake let a hacker drain $7.8 million from a crypto wallet
Security firms traced the $7.8 million loss to a helper contract the wallet owner had authorized, not to Safe itself. Source:CoinDesk
Nigel Farage-backed Stack BTC eyes $16 million gold dealer deal to fund bitcoin buy
The proposed acquisition would use cash flow from precious metals sales to build bitcoin holdings. Source:CoinDesk
Hong Kong crypto exchange CoinEx to cease operations after 9 years in business
Founder and CEO Haipo Yang cited mounting security and compliance risks and said he rejected a sale in favor of a “clean ending.” Source:CoinDesk
Live updates: Bitcoin slides from nearly $80,000 as Senate votes on Clarity Act
Senators take a procedural vote on the crypto market structure bill later Tuesday. Bitcoin has given back 3% since touching $79,530 overnight, with XRP and…
XRP Ledger is one vote away from starting its next big payments upgrade
Batch V1.1 would let users bundle up to eight linked transactions into one operation, with 27 of 35 trusted validators now backing the change. Source:CoinDesk
U.S. DOJ seeks $61 million in what it calls Iran's crypto-laundered black market oil sales
Prosecutors have filed a civil forfeiture complaint against what they call Iran's illegal crypto proceeds that are used to fund its military. Source:CoinDesk
Solana transactions just got more than 3 times bigger, giving an edge over Ethereum
Transaction V1 raises Solana’s limit to 4,096 bytes from 1,232, giving developers more room for multistep trades, companywallet approvals and privacy proofs.…
Democrats send counteroffer to Republicans over Clarity Act provisions
Democratic Senators were said to be meeting late Monday to discuss the latest proposed draft text. Source:CoinDesk
U.S. House panel shares crypto tax bill ahead of hearing later this week
The House Ways and Means Committee published a crypto tax bill addressing de minimis transactions, staking and other issues for which the industry's clamored…