Senators Ruben Gallego and Thom Tillis sent a proposed revised ethics provision to the White House on Thursday, after drafting the compromise the day before, an industry source familiar with the talks told CoinDesk. As of midafternoon on Friday, the White House had not officially responded to the proposal. Ethics remains the biggest outstanding issue

Legendary investor Ray Dalio still only holds 1% of his portfolio in Bitcoin — and prefers gold instead.  Speaking on a Thursday episode of the Diary of a CEO podcast, the Bridgewater Associates founder explained that while there are different types of money, and Bitcoin was one of them, gold was a better investment.   Dalio

Friday 5 June, US Non-Farm Payrolls (May) This opening salvo for the month will shape interest rate expectations heading into the Federal Open Market Committee (FOMC). Soft employment data will likely accelerate rate-cut optimism, offering a tailwind for risk assets, while a resilient labour market points to a “higher-for-longer” stance. The critical question is whether

In crypto stocks news, Ionic Digital, the Bitcoin miner and AI infrastructure company that emerged from the wreckage of Celsius Network’s bankruptcy, climbed roughly 26% on its Nasdaq debut Tuesday, closing at $62.90 after opening at $50 and printing a market cap of approximately $2.8Bn, according to its registration statement filed with the US SEC.

The stablecoin market is fragmenting, and onchain capital allocator Spark is betting it can capitalize on the split. Fintechs, exchanges and banking groups are increasingly launching their own dollar-linked tokens. Each issuer wants to keep users, reserves and transaction activity inside its own network as competition ramps up. The stablecoin landscape “is about to fragment

The popular Bitcoin hardware wallet Coldcard product, made by Coinkite, is at risk following a $70 million hack. Coinkite on Thursday admitted that its Coldcard Mk3 model was affected following the hack and advised users to move their funds. Then, on Friday, the company said that users of the later hardware devices Mk4, Mk5, and

The exploit of Litecoin last week shows why Bitcoin users are wary of adding complexity to a monetary base layer. A day earlier, Bitcoin developer Paul Sztorc announced an eCash fork of Bitcoin in what reflects the counter-argument: that Bitcoin’s resistance to new functionality at the consensus layer carries real risks for its long-term survival

Ark Invest trimmed positions in Bitmine Immersion Technologies, Bullish, and Block while simultaneously deploying roughly $43.5M into Coinbase and Circle shares, a rotation that looks far more like portfolio rebalancing than a retreat from crypto equities, according to the firm’s daily trade disclosures. The Cathie Wood-led investment firm has over $16Bn in assets under management, and

The attacker working through Coldcard-generated keys is now emptying wallets worth a few thousand dollars each. Galaxy Research flagged a third wave of sweeps early Sunday, roughly 208 bitcoin drained from 1,912 addresses between Friday midday and Saturday morning UTC. That is just over a tenth of a bitcoin per victim. The July 30 opening

First, yes, that is a very clickbait title and completely unusual. This is a real security issue. Here is the official announcement from Coinkite themselves posted yesterday, please read and verify the genuineness of the issue there. TLDR: Coldcard MK2, MK3, MK4, MK5 and Q are being drained. A bug lets attackers find your seed