Category: crypto
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BlackRock pushes OCC to rethink tokenized reserve limits
BlackRock has asked the OCC to revise proposed GENIUS Act rules by removing a cap on tokenized stablecoin reserve assets. They argue that reserve rules should be based on liquidity, credit quality, and maturity risk, not on whether an asset is tokenized. BlackRock’s BUIDL fund is gaining use as institutional collateral in crypto trading platforms.
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Bitcoin community backs leaving Satoshi’s coins untouched
Bitcoin developers and crypto advocates are debating how to handle Satoshi Nakamoto’s early Bitcoin holdings. Advocates argue that touching Satoshi’s coins could weaken the network’s core ownership promise. Quantum risks have revived the debate over old Bitcoin wallets and security planning. Developers support post-quantum research but reject forced action against dormant Satoshi-linked coins. Thorn from…
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Ripple’s David Schwartz denies gag order claims as XRP debate grows
Ripple CTO David Schwartz denied claims of being under a gag order regarding comments on Ripple and XRP. He refuted $10,000 XRP price forecasts, emphasizing market behavior. The dispute arose from community criticism, with Schwartz defending his integrity and refuting allegations of misleading the XRP community. Schwartz also clarified old statements about XRP price targets…
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Bitcoin critic Warren Buffett warns crypto traders on risky bets
Warren Buffett warned investors about increasing speculation in markets during the 2026 Berkshire Hathaway shareholder meeting. He criticized short-term trading, risky bets, and the growing interest in volatile assets like crypto. Buffett compared the market to a mix of investing and gambling, with a focus on the rise of short-term options trading.
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Coinbase says crypto bill deal clears Senate path
Coinbase announces that Senate negotiators have reached a compromise on a disputed provision in a crypto bill related to stablecoin rewards. The deal includes limits on deposit-like rewards for banks and allows crypto firms to continue offering rewards based on user activity. This agreement could help move the CLARITY Act forward in the Senate.
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A16z enters CFTC battle over state prediction market bans
Andreessen Horowitz is supporting the Commodity Futures Trading Commission against state restrictions on prediction markets like Kalshi and Polymarket. The CFTC argues that federally regulated markets should not face separate state bans. The firm warns that state crackdowns could limit user access and reduce market liquidity. The U.S. Senate has also voted to ban senators…
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Ethereum Foundation sends 10K ETH to BitMine again
The Ethereum Foundation completed a third over-the-counter ETH sale to BitMine Immersion Technologies, selling 10,000 ETH at an average price of $2,292 per coin. This sale, along with previous ones, raised questions from the community about the foundation’s financial activities, including recent unstaking of $40 million in assets. The foundation stated that the sales support…
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CISA adds Linux Copy Fail flaw to exploited bug list
A Linux security flaw named Copy Fail allows attackers to gain root access on affected systems using a small Python script. The flaw affects major Linux distributions and has been added to CISA’s Known Exploited Vulnerabilities catalog. It is linked to the Linux kernel’s crypto subsystem and poses a risk to crypto firms. Patched kernels…
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SEC schedules CLARITY Act roundtable in May
The US SEC will hold a roundtable in May to discuss the CLARITY Act with crypto industry representatives. Senator Tim Scott secured Republican votes for the markup, but Senator John Kennedy is still undecided. Senator Thom Tillis raised concerns about a DeFi provision. The SEC roundtable follows a joint taxonomy with the CFTC in March.
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Pi Network confirms Consensus 2026 sponsorship
Pi Network is sponsoring Consensus 2026 in Miami, with co-founders Dr. Chengdiao Fan and Nicolas Kokkalis speaking at the Convergence Stage. They will address topics related to AI, blockchain, and human validation tasks. The sponsorship comes ahead of the launch of Protocol 23, a significant upgrade for Pi Network.