Interviews with industry participants and legislative aides paint a picture of a blown bill-writing process, with sources pointing to nearly every facet of the bill's development and the debate around it as contributing factors to this month's failed vote.
The U.S. Federal Reserve has advanced two regulatory proposals to implement the GENIUS Act, focusing on stablecoin oversight and yield restrictions, with public comment periods now open.
New York has filed a lawsuit against Polymarket, accusing the prediction market platform of operating an unlicensed gambling business in the state and seeking to halt its activities without a gambling license while reclaiming alleged illegal profits.
Senator Cynthia Lummis said the crypto industry should "pin it on the Democrats" in her first public remarks after last week's failed Clarity Act vote.
The U.S. Federal Reserve has advanced two regulatory proposals to implement the GENIUS Act, focusing on stablecoin oversight and yield restrictions, with public comment periods now open.
Bitcoin spot ETFs have reversed a $5.8 billion outflow, now posting $800 million of net inflows for the year, while a six‑day streak of gains totals $2.84 billion.
Google Cloud and Apple are recruiting digital-asset specialists, signaling growing Big Tech interest in stablecoins, tokenized deposits and blockchain-based payment infrastructure.
Interviews with industry participants and legislative aides paint a picture of a blown bill-writing process, with sources pointing to nearly every facet of the bill's development and the debate around it as contributing factors to this month's failed vote.
ARK Invest is tokenizing its venture fund with Securitize, bringing exposure to private tech companies like OpenAI and Anthropic onto the Ethereum blockchain. The move joins a growing trend of traditional asset managers moving investment products on-chain.
Bitcoin's 10% September gain puts it on track for its first July-to-September winning streak since 2012. The 2012 precedent was followed by a sharp October drop and a rally exceeding 2,000% from the monthly low.
Ethical hackers transferred 52.37 BTC associated with the July Coldcard exploit to a recovery trust, according to Galaxy Digital’s Alex Thorn. Victims can search their wallet addresses on cryptorecoverytrust.com to check for recovered funds.
Data shows bitcoin’s correlation with U.S. Treasury yields is near zero, indicating rising bond yields don’t systematically drag down the cryptocurrency, though short‑term volatility can still cause price swings.
Blockchain Association CEO Summer Mersinger is stepping down after the failure of the Digital Asset Market Clarity Act, with founding CEO Kristin Smith returning as interim leader.
KelpDAO has sued LayerZero and co-founder Brian Pellegrino, alleging that undisclosed protocol weaknesses enabled a $292 million rsETH bridge exploit. Pellegrino rejected the claims as meritless and pledged to defend the case in British Columbia.
Gemini's share price has dropped nearly 80% since its IPO, sparking renewed focus on its regulatory licenses, customer base, and custody infrastructure as potential acquirers evaluate the platform's value beyond its declining spot-exchange operations.
Crypto investment firm RockawayX is investing $150 million to bring private credit and yield-generating assets onchain, betting that real-economy lending will become a major crypto market. The firm launched Catapult, aiming to grow tokenized real-world assets from $38 billion to $10–20 trillion by 2030.
The European Central Bank aims to invest a portion of its reserves in tokenized securities through the Pontes platform, enabling direct engagement with blockchain-based financial markets while building toward broader integration of central bank money in tokenized finance.
Bitcoin spot ETFs have reversed a $5.8 billion outflow, now posting $800 million of net inflows for the year, while a six‑day streak of gains totals $2.84 billion.