Crypto News

Some digital asset industry advocates are pushing back against a provision in a $56 billion state budget passed by the Illinois General Assembly on Monday, due to its impact on crypto users. In a Senate bill included as part of the Illinois…
Read More...

Key TakeawaysA16z crypto leads a ~$300 million round at Digital Asset Holdings, valuing the company at ~$2 billion, per Bloomberg.Canton Network has processed over $6 trillion in tokenized assets, drawing Visa, DTCC, and Goldman Sachs as…
Read More...

The US House Ways and Means Committee circulated seven discussion drafts of bills to address digital asset taxation ahead of a Tuesday hearing on the matter, covering stablecoins, staking, mining and transactions.Among proposals in the…
Read More...

The pool closed with over $25M in four-month volume and had already hit double-digit fixed XRP rates by May, as seen on historical charts. Flare Network’s XRP-based…
Read More...

Some observers noted that lower share prices and higher yields can create a feedback loop that may become harder for Strategy to manage. Strategy’s preferred stock STRC…
Read More...

A group of Senate Republicans has urged US financial regulators to clarify the capital standards for companies engaged in crypto activities.Senator Cynthia Lummis said on Thursday that she led the group in sending a letter on May 27 to…
Read More...

South Korean prosecutors charged a group in an alleged rug pull involving the Solana-based memecoin Catpie, or CATFI, in what local media described as the country’s first decentralized exchange (DEX) rug-pull prosecution.The group was…
Read More...

Key takeaways:Strategy faces tighter short-term liquidity, but its conservative 11% net leverage protects it from forced BTC liquidations.A Bitcoin rally above $70,000 remains unlikely as long as STRC trades under $100 and spot ETFs show…
Read More...

An attacker minted more than 5.4 trillion vsdCRV on Arbitrum after a suspected compromise of a StakeDAO-linked deployer key, though thin liquidity limited the realized proceeds to about $91,000.Blockchain security firm PeckShield said…
Read More...

Decentralized exchange edgeX has attributed a more than 40% collapse in its EDGE token to ‘deliberate’ market manipulation by an unnamed external party, a claim that onchain investigator ZachXBT has dismissed.Data from CoinMarketCap shows…
Read More...