Three key stories are shaping the crypto space today as the U.S. Senate Banking Committee prepares to mark up the Digital Asset Market Clarity Act (CLARITY), a new report reveals North Korea-linked hackers stole over $2 billion in crypto last year, and Ether treasury firm Bitmine has slowed its aggressive accumulation strategy. CLARITY Act markup […]
The United States Senate voted 51 to 45 on Tuesday to confirm Kevin Warsh as a member of the Federal Reserve Board of Governors, moving the central bank closer to a leadership transition that could reshape monetary policy and regulatory oversight of digital assets. Lawmakers immediately followed the vote by approving a motion to invoke […]
The Senate Banking Committee is set to consider the CLARITY Act on Thursday, but the long-awaited markup of the crypto market structure bill remains stalled by a dispute over ethics provisions that could determine whether it secures the bipartisan support needed to advance. Democrats hold firm on ethics language Senator Kirsten Gillibrand told Cointelegraph that […]
May 11, 2026 — Three major stories are shaping the cryptocurrency environment today: Circle Internet Group has raised $222 million in a private token presale for its Arc blockchain, Bitcoin surged 2.3% after President Donald Trump rejected Iran’s peace proposal, and Michael Saylor signaled that Strategy is preparing to resume Bitcoin purchases. Circle’s $222 Million […]
Binance co-founder Changpeng “CZ” Zhao has alleged that rival cryptocurrency exchanges in the United States actively lobbied against his presidential pardon, fearing it would clear the path for Binance’s return to the American market. Zhao made the remarks during a recent appearance on the Crypto Banter podcast. Zhao’s allegations of industry pushback Speaking to host […]
The Digital Asset Market Clarity Act of 2025, known as the CLARITY Act, could reverse the offshore migration of cryptocurrency trading by establishing clear federal rules for digital assets, according to Bill Hughes, senior counsel and director of global regulatory matters at Consensys. Speaking at the Consensus 2026 conference in Miami, Hughes noted that while […]
A Manhattan federal judge has authorized Arbitrum DAO to move $71 million in frozen Ether to Aave, clearing a key hurdle in the DeFi protocol’s recovery from a North Korea-linked exploit. Judge Margaret Garnett of the Southern District of New York modified a restraining notice on Friday, allowing an onchain governance vote to transfer the […]
Three of the largest US-based cryptocurrency exchanges — Coinbase, Kraken, and Gemini — successfully lobbied US senators to remove a key provision from a digital asset market structure bill that would have required platforms to only offer trading on tokens “not readily susceptible to manipulation,” according to a report published Friday by Politico. Behind the […]
The past week brought significant developments in cryptocurrency-related legal cases across the United States, ranging from new asset seizures in the FTX case to a former CEO choosing self-representation and a city council taking a firm stance against crypto kiosks. Here is a breakdown of the most consequential events. US Authorities Locate Additional $10 Million […]
Crypto markets saw a mixed day of enforcement actions and corporate earnings on Thursday, as onchain data revealed Tether froze over half a billion dollars in USDT in the past month, while Coinbase shares slid after reporting a deeper-than-expected quarterly loss. Separately, a new survey from CoinShares showed institutional investors are cautiously returning to digital […]
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