Category: crypto

Senator Cynthia Lummis warned that if the CLARITY Act, which aims to create federal rules for digital assets, fails to pass, Congress may not have another chance to pass digital asset legislation until 2030. The bill faces opposition from banks, who are concerned about stablecoin regulations. The Senate remains the main obstacle to passing the…

Gravity Bridge lost approximately $5.4 million due to unauthorized withdrawals linked to a potential compromise of signing keys. Security researchers identified stolen assets, including USDC, ether, USDT, and PAXG, moved through ChangeNow and Binance. Gravity Bridge halted operations and requested validators to pause while investigating the incident.

Payouts.com co-founders believe that the future of agent payments involves combining stablecoin rails with programmable control layers for enterprise trust. They emphasize the importance of programmability in determining which AI agents enterprises can trust by 2027, listing five non-negotiable controls for safe and auditable autonomous agent spending at scale.

Coinbase’s regulated futures commission merchant allows U.S. institutions to trade global crypto derivatives, starting with Deribit options. CFTC staff action supports this structure, treating certain crypto perpetual contracts as foreign futures. Coinbase also partnered with Standard Chartered to provide fiat funding rails for major currencies, supporting institutional trading strategies.

Pi Network’s PI token is currently trading around $0.14 with low liquidity and IOU listings causing volatility. It remains significantly below its 2025 peak. Traders are monitoring support and resistance levels. The token saw a brief rally in April but has since stabilized. The future price movement depends on real-world utility and compliance progress.

The U.S. Treasury has seized nearly $1 billion in cryptocurrency linked to Iran as part of a financial campaign against Tehran. This includes freezing $344 million in USDT from Tron wallets connected to Iran’s IRGC. Iran’s use of crypto for weapons sales and proposed Bitcoin tolls in the Strait of Hormuz have raised new sanctions…

Texas has formed a five-member advisory committee to guide the management, custody, and valuation of its Strategic Bitcoin Reserve. The state is seeking a qualified crypto custodian to transition from ETF-based exposure to directly held Bitcoin. This move aligns with the federal government’s plans to create its own Strategic Bitcoin Reserve.

Senator Cynthia Lummis warns that the Clarity Act must pass in this Congress to avoid a legislative freeze until 2030. The Senate Banking Committee approved the Act, but a full vote is uncertain before midterms. Lummis argues that Republican losses in 2026 could delay crypto regulation, impacting developers and law enforcement.

Binance has chosen Genius Terminal as the 65th project for its HODLer Airdrop program, distributing 10 million GENIUS tokens to BNB holders who used Simple Earn or On-Chain Yields between May 11 and 13, 2026. Genius Terminal is a multichain trading platform backed by YZi Labs and CZ, with a total token supply of 1…

CryptoQuant CEO Ki Young Ju warns that the Bitcoin bear market could last until early 2027 based on on-chain PnL data showing investor profitability typically falls for 18 months after profit-taking cascades begin. A true reversal requires rising unrealized profits and falling realized profits, a signal not yet present. Other analysts suggest a potential cycle…