Chaos Labs says it stopped a sophisticated hacking attempt that looked consistent with a nation-state operation, but the scare still shook confidence across crypto infrastructure. Its core oracle network stayed intact, yet the incident helped push more projects toward Chainlink and served up another ugly reminder that crypto security is still a half-fixed, overpromised mess. […]
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UBS, Switzerland’s largest bank, has pushed its MicroStrategy position past $1.12 billion, using MSTR as a regulated stand-in for Bitcoin while also disclosing some XRP exposure in new SEC filings. UBS now holds 6.31 million MSTR shares Total position value: about $1.12 billion MicroStrategy is being used as a Bitcoin proxy XRP exposure also appeared […]
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Kraken is seeking an OCC national trust company charter to expand its regulated crypto custody business in the U.S., a move that could give institutions bank-like storage for digital assets under direct federal supervision. Payward filed for an OCC national trust company charter The proposed entity would be Payward National Trust Company (PNTC) The focus […]
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Elizabeth Warren is pressing Meta for answers about its reported stablecoin plans, warning that a company with its reach should not get anywhere near private control of digital payments without serious scrutiny. Meta stablecoin plans are drawing fresh Senate scrutiny USDC creator payouts may be only the starting point Privacy, competition, and financial stability are […]
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UBS is piling deeper into Bitcoin exposure the old-fashioned Wall Street way: not by buying BTC outright, but by scooping up more shares of MicroStrategy, the public company that has turned itself into a leveraged Bitcoin proxy. UBS now holds 6.31 million MicroStrategy shares Position value is about $1.12 billion Latest purchase added 551,121 shares […]
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The SEC is starting to admit that onchain finance doesn’t fit neatly into the old broker-exchange-clearinghouse playbook. That’s a big deal for crypto market structure, DeFi regulation, and the future of AI-driven trading. SEC crypto rule changes are being reviewed for onchain markets DeFi and TradFi are colliding inside hybrid blockchain systems AI finance could […]
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The Senate Banking Committee may soon vote on the CLARITY Act, a long-awaited crypto market structure bill that could finally bring some order to the U.S. regulatory circus. Markup possible next week: The Senate Banking Committee may vote as early as the week of May 11 60 votes likely needed: Bipartisan support is the whole […]
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Senator Elizabeth Warren is turning up the heat on Meta’s USDC payment pilot, demanding answers about a move that could give Big Tech a bigger grip on money, data, and payments infrastructure. Warren wants answers by May 20 Meta is testing USDC payouts in Colombia and the Philippines The pilot uses Solana, Polygon, and Stripe […]
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Ethereum is beating Bitcoin on one attention-grabbing on-chain metric: holder count. But before anyone starts declaring the death of BTC or crowning ETH king of everything, there’s a catch — this data measures wallet activity, not unique people. Crypto loves a good headline; reality usually shows up to ruin the party. Ethereum holder count: 189.49 […]
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OP_NET is trying to do something Bitcoin purists usually hate on sight: bring smart contracts and DeFi-style functionality directly to Bitcoin Layer 1 without bridges, sidechains, or separate Layer 2s. The pitch is simple, brash, and very on-brand for crypto—keep BTC native, use bitcoin as gas, and stop routing value through a trust-me-bro obstacle course. […]
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