The Senate’s push to pass the CLARITY Act, a major crypto market structure bill, has hit a politically ugly stretch. The plan is simple enough on paper: finally define how the SEC and CFTC split oversight of digital assets. The reality is Washington doing what Washington does best — turning a policy question into an […]
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Chainlink’s fundamentals keep improving, but LINK price still looks like it got hit by a truck and then asked to hold the line anyway. LINK remains in a downtrend with lower highs, lower lows, and heavy resistance near $9.70. Support around $8.40 is the key level traders are watching; lose it and the next area […]
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Crypto Liquidations Hit $326.71M as Long Positions Get Wrecked Crypto traders just got another painful reminder that leverage is a bad substitute for discipline. Roughly $326.71 million in leveraged positions were liquidated over the past 24 hours, and the damage was overwhelmingly concentrated on longs as the market pulled back and forced overextended traders out […]
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North Korean Hackers Stole $577M from DRIFT and Kelp North Korea-linked hackers are reportedly behind a massive $577 million crypto theft tied to DRIFT and Kelp-related targets, a reminder that DeFi’s biggest vulnerability is still the humans, permissions, and sloppy security wrapped around it. Reported loss: $577 million Targets: DRIFT and Kelp-related assets Suspected attackers: […]
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Senators Elizabeth Warren and Ron Wyden are pressing Tether and Commerce Secretary Howard Lutnick over a reported loan tied to a trust benefiting his children, raising fresh questions about conflict of interest, crypto regulation, and whether Washington is once again getting a little too comfortable with money that should be under a microscope. Probe launched: […]
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Crypto thieves are getting more organized, more automated, and a whole lot uglier. New research shows StepDrainer drains crypto wallets across 20+ networks, while EtherRAT is quietly infecting Windows machines through a fake installer and turning them into crypto targets. StepDrainer hits Ethereum, BNB Chain, Arbitrum, Polygon, and 17+ other networks Fake Web3 prompts and […]
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US Crypto Bill Nears Markup as Tim Scott Signals Summer Passage Washington may finally be inching toward something the crypto industry has demanded for years: actual U.S. crypto regulation with some clarity attached. Senator Tim Scott says a digital asset clarification bill is ready for committee markup and could reach President Trump’s desk “this summer,” […]
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Coinbase launches CUSHY digital credit strategy with tokenized share structure Coinbase Asset Management is taking another step into tokenized finance with CUSHY, a new on-chain digital credit strategy that packages traditional credit exposure as blockchain-native shares and aims to make them tradable 24/7. Tokenized share class for on-chain fund ownership Built on Superstate’s FundOS for […]
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Alberta Investment Management Corporation (AIMCo) just put nearly $219 million into Strategy (NASDAQ: MSTR), the public company that has turned itself into a giant Bitcoin vault with a stock ticker attached. For a government-backed Canadian asset manager overseeing roughly $142 billion, that’s a pretty loud vote of confidence in Bitcoin exposure — even if it’s […]
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Coinbase is going deeper into tokenized finance with a new institutional product built around stablecoin lending, onchain settlement, and yield hunting for big-money players. The exchange has launched the Coinbase Stablecoin Credit Strategy (CUSHY), a tokenized stablecoin credit fund designed to give institutions blockchain-based access to a familiar Wall Street idea: put capital to work […]
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