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CLARITY Act Fight Over Dollar Yield and DeFi Liquidity

Since missing its Jan. 15 markup date and being pushed to the end of the month, the Digital Asset Market Clarity (CLARITY) Act is becoming a proxy fight over who gets to intermediate US dollar yield onchain — open decentralized finance…
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Bitcoin Above $95K, US Lawmakers Delay CLARITY Act

Cryptocurrency markets posted a broad recovery this week, led by gains in major coins, even as investor attention remained focused on the uncertainty of pending US crypto legislation.Bitcoin (BTC) rose over 5% during the past week to top…
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This American Burger Chain Just Bought Bitcoin Again

Steak ‘n Shake has purchased $10 million in Bitcoin, marking a significant escalation in its strategy to transform fast-food revenues into a corporate cryptocurrency treasury. The acquisition marks the latest phase of the 90-year-old…
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CLARITY Act ‘Has a Long Way to Go‘

David Solomon, CEO of banking giant Goldman Sachs, has weighed in on the pending digital asset market structure legislation, action on which was recently postponed by the US Senate Banking Committee.In a Thursday earnings call discussing…
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DeFi Leaders Voice Concerns amid Market Structure Bill‘s Uncertain Future

With a markup of the Digital Asset Market Clarity Act (CLARITY) in the US Senate Banking Committee postponed indefinitely, leaders in decentralized finance are using the delay to press lawmakers on concerns with the bill.Before Republican…
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Korea University Blockchain Institute Partners With Injective as Validator in Global Ecosystem

Korea University’s Blockchain Research Institute has partnered with Injective, joining its global ecosystem as a validator to strengthen ties between academia and the blockchain industry. Validator Participation and Network Security Korea…
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DeFi Protocols Move Away From Discord as Scam Risks Rise

Decentralized finance (DeFi) protocols are abandoning public Discord servers, arguing that the platform has become more of a liability than a community hub. The shift drew attention on Wednesday after DeFi lending protocol Morpho said it…
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BitMine Invests $200M In MrBeast’s Beast Industries

BitMine Immersion Technology has agreed to invest $200 million in Beast Industries, the entertainment company founded by YouTube star Jimmy Donaldson, better known as MrBeast, in a deal that marks one of BitMine’s largest non-core equity…
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Russia Plans Bill to Open Crypto to Retail: Report

Russia will reportedly move to open up crypto to retail investors, with a new bill set to soon be introduced to the country’s legislature.Anatoly Aksakov, chair of the State Duma’s Financial Market Committee, said legislation to deregulate…
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US Senator Hints Crypto Market Structure Bill May Be Delayed

The debate over DeFi and stablecoin reward provisions in the CLARITY Act is at risk of holding the bill back as banking and crypto stakeholders push competing agendas.US Senator Cynthia Lummis reportedly expects the US Senate Banking…
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