Category: crypto
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Mike Novogratz says US CLARITY Act could pass in May
Galaxy Digital CEO Mike Novogratz believes the US CLARITY Act may move forward in May, providing clear federal rules for the crypto industry. The bill aims to define how digital assets operate in the US, with Novogratz stating it could reach President Trump’s desk by June. There are doubts about the bill’s timeline, with concerns…
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Aave, Kelp seek $71M ETH release for rsETH rescue
Aave and Kelp have requested the release of 30,765 ETH from Arbitrum DAO for the recovery of rsETH. The funds would be managed by Aave, Kelp, and Certora in a Gnosis Safe. Concerns have been raised about the 49-day governance process delaying urgent recovery efforts for rsETH holders affected by the exploit.
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JPMorgan says tokenization will reshape funds industry
JPMorgan believes that tokenization could revolutionize the exchange-traded fund (ETF) market and the wider funds industry. The use of tokenized ETFs could lead to faster settlement, improved redemption processes, and increased accessibility. While practical use cases are still being developed, JPMorgan sees potential for tokenization to reshape the industry in the future.
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Trump TRUMP Memecoin Gala at Mar-a-Lago
President Trump spoke at a Mar-a-Lago gala on April 25 for the top 297 TRUMP memecoin holders, with a VIP reception for the top 29. Senators Warren, Schiff, and Blumenthal criticized the event as an improper sale of presidential access. The gala raised concerns about conflicts of interest and potential foreign influence.
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Treasury Freezes $344M in Iran Crypto
Treasury Secretary Scott Bessent announced sanctions on multiple crypto wallets linked to Iran’s IRGC, resulting in Tether freezing $344 million in USDT across two Tron addresses. The action is part of Operation Economic Fury to cut off Tehran’s financial lifelines. Tether has aligned its freezing policy with OFAC’s list.
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Crypto Firms Demand CLARITY Act Markup
A coalition of over 120 crypto organizations urged the Senate Banking Committee to immediately markup the CLARITY Act in a joint letter. They warned that further delay could lead to investment, jobs, and technological development moving offshore and losing global regulatory influence. Treasury Secretary Scott Bessent called the bill a national security priority.
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Morgan Stanley Launches Stablecoin Reserve Fund
Morgan Stanley Investment Management launched the Stablecoin Reserves Portfolio on April 23, targeting stablecoin issuers’ reserves for compliance with the GENIUS Act. The fund invests in US Treasury bills and repo agreements, with a $10 million entry minimum and fees. This move follows their successful Bitcoin ETF launch, positioning them in the growing digital asset…
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BNB Chain Leads All Blockchains for AI Agents
BNB Chain has become the leading blockchain network for autonomous AI agents, with over 150,000 on-chain deployments recorded as of April 20, 2026, representing a 43,750% increase from the start of the year. One in every three AI agents operating on any blockchain now runs on BNB Chain, driving significant economic activity.
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Ripple Plans Quantum-Resistant XRP Ledger by 2028
Ripple released a four-phase roadmap on April 20 to protect the XRP Ledger from quantum computing attacks, with Phase 2 testing already underway. The plan aims for full post-quantum cryptography implementation by 2028. Meanwhile, SoFi enabled XRP deposits for retail users. The roadmap includes key rotation and deterministic seed-based key generation advantages for XRPL.
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DoorDash Pays Drivers in Stablecoins via Tempo
DoorDash is collaborating with Tempo’s stablecoin blockchain to pay delivery workers and merchants across 40+ countries with instant settlement speeds and fixed US dollar fees. This partnership aims to streamline global payouts, reduce costs, and enhance transaction flexibility. Other companies like Stripe and ARQ are also leveraging Tempo’s stablecoin rails for payment operations.