Category: crypto

Rakuten Wallet is creating a physical Shiba Inu coin for its Real Coin series, adding SHIB to its lineup alongside Bitcoin, Ethereum, and XRP replicas. The SHIB campaign offers token rewards for trading activity, with the coin being used in branded campaigns and physical merchandise in Japan.

The CLARITY Act faces a tighter timeline in July after the Senate adjourned until July 13, limiting floor time for the bill. Senator Cynthia Lummis expects the final text to be released around July 4. The bill faces competition with other legislative priorities and challenges in Congress. The bill’s passage remains uncertain due to scheduling…

SushiSwap has integrated dSLTP, an Orbs-powered protocol, to enable decentralized stop-loss and take-profit orders within its trading interface. This feature is live on Ethereum, Base, Arbitrum, and Katana, allowing users to automate trade execution based on set price targets. Orbs’ technology ensures on-chain trading without centralized servers.

Maryland State Delegate Adrian Boafo won the Democratic primary for Maryland’s 5th Congressional District, positioning him to compete for the seat held by retiring Rep. Steny Hoyer. Protect Progress heavily backed Boafo’s campaign with $5.5 million in outside spending, adding another pro-crypto candidate to November’s race. Boafo’s victory reflects a broader pattern of crypto-backed groups…

The U.S. House of Representatives passed the 21st Century ROAD to Housing Act, sending it to President Donald Trump for final approval. The bill includes a clause blocking the Federal Reserve from issuing a central bank digital currency until 2030, aligning with Trump’s policy against a digital dollar while supporting private stablecoins.

Meta CEO Mark Zuckerberg has instructed employees to develop a prediction markets app called Arena separate from social media products. The app would initially use a points system, with potential for real-money wagering in the future. This move comes as prediction markets face scrutiny from regulators and industry groups.

SecondFi, a Cardano ecosystem wallet project, identified a security breach in its web wallet generation software. The incident potentially resulted in a loss of over $20 million. SlowMist founder Cos raised concerns about the severity of the breach. SecondFi is working on a technical review to determine the full extent of the issue.

The CLARITY Act is facing opposition from U.S. law enforcement organizations and anti-trafficking advocates due to concerns that a provision related to decentralized finance could weaken oversight of illicit financial activity. Industry advocates defend the provision, but law enforcement groups argue that it could hinder investigations and weaken regulatory requirements.

Cboe has launched prediction market contracts tied to the Mini S&P 500 Index through its new Cboe Predicts platform. The binary options products are available on Interactive Brokers, with Charles Schwab planning to add access. These contracts trade as security options under the existing regulatory framework for U.S. listed options.

OpenPayd has obtained MiCA authorization, allowing it to provide regulated crypto services across the European Economic Area with a single license. The approval covers various services such as fiat to stablecoin conversions, custody, wallet infrastructure, and stablecoin transfers. OpenPayd joins other companies in securing MiCA-related approvals before the July 1 deadline. Additionally, OpenPayd has expanded…