Congress has advanced a major crypto market bill that would give the CFTC new power over digital commodities despite fresh concerns about the agency’s staffing and funding. Summary Congress has advanced the CLARITY Act, which would give the CFTC primary oversight of spot digital commodity markets. Brookings fellow Tonantzin Carmona warned that the CFTC may…
U.S. treasuries climbed while the dollar bond index dropped to an intraday low of 98.8, signaling a notable swing in risk sentiment across global markets. Summary Gate data shows U.S. Treasury bond prices rising as the DXY falls intraday The dollar index touched 98.8, slipping below the 100 base level for the benchmark Moves come…
Gravity Bridge has lost about $5.4 million following an early Saturday drain that security researchers linked to a possible signing key compromise. Summary Gravity Bridge lost about $5.4 million after security researchers flagged unusual withdrawals tied to a possible signing-key compromise. PeckShield said the stolen assets included USDC, wrapped ether, USDT, and PAXG, with some…
Senator Cynthia Lummis said Congress may not get another real chance to pass digital asset legislation until 2030 if the CLARITY Act fails. Summary The CLARITY Act would create federal rules for crypto assets, exchanges, developers, stablecoin issuers, and market regulators. JPMorgan CEO Jamie Dimon criticized the bill, saying banks may oppose it unless lawmakers…
Businesses operating in the United Kingdom must now freeze assets and transactions connected to the sanctioned platforms. The UK has targeted 18 crypto platforms, banks, and financial networks used by the Kremlin-backed “A7” payment network to bypass international economic restrictions. The sanctioned entities are accused of processing more than $90 billion in 2025 to…
Binance named Genius Terminal its 65th HODLer Airdrop, giving 10 million GENIUS tokens to qualifying BNB holders. Summary Binance will distribute 10 million GENIUS tokens to BNB holders who used Simple Earn or On-Chain Yields between May 11 and 13, 2026. Genius Terminal is a multichain trading platform backed by YZi Labs and advised by…
In the latest Solana news, SOFIUSD, a dollar-pegged stablecoin launched by SoFi, a publicly traded, bank-chartered fintech with 15.4 million members, on both the Ethereum and Solana networks in early 2026. Every token is backed 1:1 by a reserve portfolio consisting of 85% short-term U.S. Treasury bills and 15% cash held at FDIC-insured institutions, with…
XRP ETF inflows paint a positive picture, but will it be enough to reverse course for its price? Ripple’s XRP has recovered by around 2% over the past 24 hours, climbing back toward $1.34. The move comes as institutional demand via spot XRP ETFs continues to stand in contrast to the broader market weakness….
CryptoQuant CEO Ki Young Ju warns the Bitcoin bear market could extend into early 2027, based on on-chain PnL data. Summary Ki Young Ju cited CryptoQuant’s PnL Index Signal, which shows investor profitability typically falls for 18 months after profit-taking cascades begin. The trend began in October 2025, placing a potential bear market bottom in…
A security analyst suggested that DxSale’s old locker contract may have contained an unverified backdoor vulnerability. More than 1,400 liquidity pools tied to old DxSale contracts on BNB Chain were drained in a $7.3 million exploit flagged by blockchain security firms on May 29. The attack adds to a growing list of DeFi breaches…
