Category: crypto

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…

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…

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.

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.

Defense Secretary Pete Hegseth confirmed to the House Armed Services Committee that the Pentagon is running classified Bitcoin programs on two tracks – enabling the technology and countering it. He believes this provides the US leverage against China in different scenarios. INDOPACOM Commander Admiral Samuel Paparo also confirmed US Indo-Pacific Command operates a live Bitcoin…

President Trump signed an executive order on April 30 allowing retirement accounts to invest in cryptocurrency and alternative assets. The order aims to open up the $12.5 trillion defined-contribution market to digital assets. The Labor Department will revise guidance under the Employee Retirement Income Security Act to permit this investment option.

Tether reported a net profit of $1.04 billion in Q1 2026, with a record reserve buffer of $8.23 billion backed by $141 billion in US Treasuries. A formal KPMG audit is underway, marking a move towards full transparency and compliance with upcoming regulations such as the GENIUS Act.

The US Senate unanimously voted to ban senators and their staff from betting on political prediction market platforms like Polymarket and Kalshi. The resolution, authored by Senator Bernie Moreno, aims to prevent insider information advantages in trading. The resolution reflects bipartisan concern and aims to increase trust in markets.

Coinbase Asset Management introduced CUSHY, a tokenised stablecoin credit fund for institutional investors, on Ethereum, Solana, and Base. Apollo handles private credit origination, Superstate issues tokenised shares via FundOS, and Northern Trust administers the fund. CUSHY targets yield from public digital credit, private asset-based lending, and tokenisation incentives.

Major US banking trade groups have requested a pause in GENIUS Act rulemaking comment periods until the OCC finalizes its stablecoin framework. Agora filed for a national trust bank charter to establish federal oversight for stablecoin issuance. The banking groups argue that the proposals are interdependent and need to be assessed together.