The CLARITY Act has stalled after a Senate cloture motion received 50 votes to 49, falling 10 votes short of the 60 needed to begin debate on the crypto market structure bill. Summary The 50-49 result stopped the Senate from opening formal debate on the CLARITY Act. Polymarket odds of enactment in 2026 fell to
Federal prosecutors have charged two Robinhood engineers with commodities fraud and wire fraud after each allegedly earned more than $50,000 by trading crypto perpetual futures with confidential listing information. Summary Two Robinhood engineers allegedly traded before the company announced new cryptocurrency listings. Each defendant allegedly earned more than $50,000 through perpetual futures positions on Hyperliquid.
BitBox has added a self-custody Lightning hot wallet to the BitBoxApp, letting hardware-wallet users make faster Bitcoin payments through their existing backup without recording another recovery phrase. Summary BitBox users can create a Lightning wallet from their existing hardware-wallet backup. The hot wallet supports Lightning invoices, addresses, and transfers to or from on-chain balances. Breez
Dollar stablecoins have grown to about $300 billion in circulation, prompting a Bank of England policymaker to warn that their expansion could increase demand for US Treasurys while creating new risks during periods of heavy redemptions. Summary Dollar-linked tokens account for about 98% of the global stablecoin market. USDT and USDC held nearly $150 billion
In a significant development, North Korea has broadened its long-running remote work infiltration scheme by enlisting freelancers from countries such as Iran and Lebanon to help its operatives sneak into US companies, according to a Friday report from NBC. The tactic is aimed at generating revenue for Pyongyang’s weapons development programs. A joint advisory released
Bitcoin price slipped below $76,000 before recovering toward $76,900, with weak momentum and dense liquidation zones leaving the price vulnerable ahead of the CLARITY Act vote and Federal Reserve decision. Summary Bitcoin price fell as low as $75,605 before recovering toward $76,900. The daily Supertrend remains bullish while 4-hour momentum lacks a clear direction. Liquidation
An Ethereum MEV bot known as Yoink has front-run an attempted Safe wallet exploit involving 2,900 rsETH, worth about $7.8 million, and paid nearly 19 ETH to secure the first position in the block. Summary Yoink received 2,900 rsETH before the original exploit transaction reverted in the same Ethereum block. The bot transferred 2,882.37 rsETH
Senate Republicans have rejected a late Democratic counteroffer and kept the CLARITY Act on course for a 60-vote procedural test at 2:15 p.m. ET on Sep. 15. Summary The Senate will vote on cloture on the motion to proceed to H.R. 3633. Republicans need Democratic support because their 53 seats fall short of the 60-vote
Ethereum price fell toward $2,475 after a brief move above $2,600 failed, leaving ETH exposed to weaker momentum and leveraged volatility ahead of two major U.S. events. Summary Ethereum price reversed from above $2,600 and fell about 2% toward $2,475. 4-hour Bollinger Bands place immediate support near $2,469 and resistance near $2,550. Daily MACD has
Fin.com has raised $20 million in seed funding as the New York payments startup expands infrastructure for moving stablecoins into local bank accounts and digital wallets. Summary Fin.com raised $20 million in seed funding led by Expa and Uber cofounder Garrett Camp. Coinbase Ventures, Tenet Fund, Figure founders and several other investors participated in the
