The CLARITY Act has faced fresh opposition from a trafficking prevention group as Senate lawmakers continue weighing the crypto market structure bill ahead of a narrowing legislative window this year. Summary AEHT has urged Senate leaders to revisit the CLARITY Act’s DeFi provision, citing illicit finance concerns. Section 604 would protect DeFi developers from money…
Meta’s $900 million CRED investment puts fintech founder Kunal Shah in charge of WhatsApp as the app pushes deeper into commerce and payments. The post Meta Invests $900M in Fintech Startup CRED, Taps Founder to Lead WhatsApp appeared first on TechRepublic. Source link
XRP Ripple is sitting at $1.10, down -3% today. Seven consecutive weeks of net inflows into spot ETFs have pushed cumulative institutional demand to $1.35Bn, yet the price has not broken out. That gap between sustained buying and sideways price action is the central tension every XRP holder needs to understand right now, with XRP…
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Key Takeaways Bitcoin fell 3.6% to an intraday low of $61,860 as the aggregate crypto market cap declined by nearly 3%. The rout triggered $171 million in crypto liquidations, forcing 11,202 Coinglass traders out of positions. Tx co-founder Mike McCluskey warns that a $10.6 billion options expiry on June 26 will test the $60,000 mark….
The White House warned that adversaries could steal encrypted data today and decrypt it later using future large-scale quantum computers. United States President Donald Trump has signed two executive orders aimed at advancing the country’s quantum technology capabilities while preparing federal systems for emerging security threats posed by quantum computing. The orders, 14411 and…
Amazon Prime Day is here once again. Amazon’s annual Prime Day deals aims to entice us with an endless scroll of “discounts” (some real, many fake), hammering away with red slashes, big percentages off, and coupons you can only see after adding to cart. Featured Cyber Monday Deal While Prime Day deals aren’t what they…
The European Parliament has advanced legislation for a digital euro, bringing the EU closer to launching a central bank digital currency, while the U.S. moves to restrict similar efforts. Summary EU lawmakers backed digital euro legislation, moving the ECB closer to a potential 2029 launch. The ECB says the digital euro would complement cash and…
Anthropic is introducing Claude Tag in research preview, an “always-on Claude” that lives in Slack and acts as an AI teammate. The new feature — which allows users to tag @Claude to provide insights in chats and assign tasks — will begin in research preview, available through Slack for Claude Enterprise and Claude Team customers. Claude…
Key Takeaways Bank of America forecasts three 25-basis-point Fed hikes in September, October, and December of this year. BofA Economist Aditya Bhave believes the Fed’s inflation problem has gotten “unambiguously worse” over the last couple of years. The projected hikes would lift the federal funds rate to 4.25%-4.5%, a headwind for crypto. A Sharp Reversal…
