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CLARITY Act could get another shot during lame-duck session, policy advocate says
Digital Sovereignty Alliance managing director Adrian Wall said senators from both parties are considering another attempt to advance the crypto market structure bill before the current Congress ends.
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Robinhood Chain’s TVL Nears $1B, but Failed L1s Raise Sustainability Question
The chain's one-month TVL growth stands at 71%, yet net outflows of $11.11 million over 24 hours show capital can still move quickly.
Four blue-chip layer-1 blockchains…
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CLARITY Act Hits Final Stretch as Democrats Push Back Before Senate Vote
A Democratic counterproposal landed ahead of the Senate vote as lawmakers remained divided over ethics language and other CLARITY Act provisions.
The latest stage of…
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Crypto Turns to Regulators After CLARITY Setback
Crypto industry leaders are looking to US financial regulators to fill the regulatory gap after a major crypto bill establishing a regulatory framework for digital assets stalled in the Senate on Tuesday.The Senate voted 49-50 on a motion…
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BIS Study Finds Major Discrepancies in Bitcoin Onchain Metrics
Researchers at the Bank for International Settlements found that estimates of Bitcoin onchain transfer values can vary by as much as sixfold depending on how transactions are measured.The finding concerns onchain Bitcoin transfer values,…
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Bitcoin Drops to $75.6K on CLARITY Act Uncertainty and a Fresh Bond-Yield Surge
Bitcoin (BTC) saw month-to-date lows at Tuesday’s Wall Street open as global bond yields spiked and crypto markets awaited a key US Senate vote on the CLARITY Act.Key points:Bitcoin dropped to $75,560, its lowest level so far in September…
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Kraken Lets xStocks Holders Earn Yield Through DeFi
Crypto exchange Kraken has launched onchain yield vaults for select tokenized stocks and ETFs, allowing clients to earn returns by lending the assets through decentralized finance protocols, according to a Monday announcement.The new…
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Balancer Proposes Wind-Down After Revenue Falls Short
Balancer, a decentralized exchange and automated market maker, has proposed winding down the protocol after its post-exploit restructuring failed to generate enough revenue, with its leader saying he underestimated how much a $128 million…
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Coinex Is Closing After 9 Years, and Its Founder Won’t Sell It
Key TakeawaysCoinex stopped new sign-ups on Sept. 15 and moved futures to reduce-only ahead of a Sept. 29 spot halt.Coinex will buy back CET at 0.005 USDT, and the token already trades near that level on Coingecko.USDT left on Coinex after…
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US Republicans Release Final CLARITY Act Text
Senate Republicans on Sunday released revised text of the CLARITY Act aimed at swaying Democrats ahead of a procedural vote on Tuesday, featuring major changes to rules relating to government officials’ involvement with digital assets.The…
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