Bitcoin experiences a slight recovery after Trump's announcement, but is on track to close May with losses. Meanwhile, SoFi shares surge following the launch of a new stablecoin.
The CFTC has praised 24/7 trading for the crypto sector while cautioning that such hours may not be suitable for traditional markets. The advisory reflects a growing divide between established firms and new digital entrants.
Aaron Klein from Brookings warns that the Clarity Act may lead to regulatory oversight without proper resources and independence for the CFTC, as Congress considers new cryptocurrency legislation.
CertiK's CEO Ronghui Gu warns that the rapid deployment of untested AI agents poses significant security risks, creating a dangerous 'security debt.' He emphasizes the need for stringent isolation and Zero Trust architectures to protect sensitive data.
ICE CEO Jeffrey Sprecher claims that the decentralized platform Hyperliquid is surpassing NASDAQ in trading activity, highlighting its impact on the crypto market and regulatory landscape.
Paxos has received SEC approval to operate as a central securities depository, marking a significant advancement for blockchain integration in traditional finance. This development positions Paxos as a viable alternative to legacy clearinghouses.
The Ethereum Foundation finds itself at the forefront of crypto's cultural debate once again, facing scrutiny over its relevance in a rapidly evolving blockchain landscape amid high-profile departures and criticism.
FalconX has confidentially filed with the SEC for an IPO and has engaged Cantor for advisory support, although the listing is expected to be delayed due to current market conditions.
Bitwise is betting on Hyperliquid as demand for HYPE ETFs surges, positioning the platform as a potential cornerstone of future finance. With strong investor interest and a strategic approach to tokenomics, Bitwise sees significant growth potential despite regulatory challenges.
A new blockchain lottery initiative by Megapot and Protocol Guild aims to fund Ethereum developers by channeling crypto gambling fees into a transparent funding stream.
Bitcoin remains below $73,000 as U.S. and Iranian negotiators draft a peace agreement, while traditional markets react positively. The Fed's inflation gauge rises to its highest level since 2023, intensifying pressures on policymakers.
The cryptocurrency sector is shifting its political strategy, with new PACs focusing on Republican candidates, as evidenced by significant wins in recent Texas primaries. This shift raises questions about the future of bipartisan support in crypto policy as the midterm elections approach.
Michele Spagnuolo, a Google engineer, has been arrested for allegedly using insider information to place bets on Polymarket regarding Google's search results. This incident marks the second significant arrest for insider trading in prediction markets.
United Texas Bank has made a significant shift to a national charter, positioning itself as a key player in the crypto space, challenging traditional Wall Street firms. The bank aims to bridge the gap between cryptocurrency and the U.S. banking system, offering innovative services and compliance solutions.
The GENIUS Act has revalued Bitcoin's monetary premium, shifting demand from Bitcoin to stablecoins, while institutional strategies in ETH staking evolve to avoid lending market exposure.