Category: crypto

Senator Cynthia Lummis introduced the CLARITY Act to provide clear regulations for digital assets in the United States, aiming to define the legal status of tokens and ensure agency oversight. The bill has bipartisan support and aims to prevent American firms from moving overseas due to regulatory uncertainty.

Strive’s Bitcoin-linked preferred stock SATA is becoming important in the credit market, while its common equity ASST is gaining traction in public markets. This is changing how institutions finance large Bitcoin treasuries through yield-bearing securities rather than spot purchases. Michael Saylor highlights SATA and ASST as key in Bitcoin capital markets.

Bitfire, a Hong Kong crypto firm, reported a significant half-year loss of HK$245 million, largely due to a decline in the value of its held crypto assets. Despite this, the company is accelerating its stablecoin ambitions in response to strong demand from institutional clients. Bitfire aims to integrate compliant Hong Kong stablecoins into its systems…

The Zcash Foundation is working on three upgrades to improve speed by 300%, with ZEC gaining 73% in a month. NU7 introduces Zcash Shielded Assets and a Network Sustainability Mechanism, Project Tachyon scales shielded transaction throughput, and FROST v3 brings threshold signatures with cheater detection. The upgrades aim to address quantum threats and improve network…

MARA spent $4.3 million on CEO security in 2025, including $430,000 for vehicle armor. Physical attacks on crypto holders increased by 75%, with $41 million in losses. MARA’s security spending is in line with industry standards, with Coinbase spending $7.6 million on CEO security. The industry faces growing threats from physical attacks targeting crypto executives.

Cardano governance is facing a crisis as an 81% stake majority opposes a 32.9 million ADA research funding proposal. Founder Charles Hoskinson called the vote crucial for Cardano’s identity as a science-based blockchain. The proposal is to fund Input Output Global’s research lab, with some demanding competitive bids. The vote runs until June 8.

Harbor Capital plans to launch Lab ETFs focused on specific AI labs like Anthropic, DeepMind, Meta, OpenAI, and xAI SpaceXAI. The funds aim to invest in companies that benefit from these labs’ ecosystems. This move comes as Gulf investors invest heavily in AI labs. The ETFs could impact AI and crypto markets.

House Majority Whip Tom Emmer dismissed concerns from law enforcement about crypto developer protections in the Clarity Act as exaggerated. He defended the bill’s provisions, including shielding noncustodial developers from money transmitter rules. Emmer emphasized bipartisan support for the bill and predicted it would ultimately be passed by Congress.

Kalshi is supporting a new advocacy group, Americans for Fair Markets, to combat the gaming lobby’s opposition to prediction market regulation. The group, led by former Deputy White House Chief of Staff Taylor Budowich, aims to shape federal policy and counter false narratives spread by sportsbook and casino interests. The prediction market industry, valued at…

Federal Reserve Governor Christopher Waller warned that high inflation and rising energy costs could lead to rate hikes, a shift from previous expectations of rate cuts. He noted that US CPI rose to 3.8% in April, with energy prices up 17.9%, urging the removal of the Fed’s “easing bias” language.