Dem senator calls GOP’s CLARITY ethics proposal a ‘piece of shit’: Politico
On Wednesday, Senate Republicans released the proposed text for the CLARITY Act, which has been met with pushback from Democrats regarding ethics provisions.…
Gemini sent $10M in Bitcoin to Trump PAC after joint motion with CFTC
The Bitcoin donation can be used to support Donald Trump as a New York court considers whether to reverse a $5 million settlement between the CFTC and Gemini.…
Here’s why the CLARITY Act’s ethics deal may be so hard to reach
Both parties say they want US crypto market structure legislation, but a dispute over ethics rules and who enforces them is becoming the bill’s biggest…
BTC treasury firm Empery Digital invests $20M in AI data center developer Cardinal Data Power
The investment marks Empery’s latest push into AI infrastructure as the company shifts capital away from its Bitcoin treasury strategy. Source:Cointelegraph
The SEC settles with Coinbase over its missing Gary Gensler texts
A new court status report reveals the agency will pay a flat fee to resolve a twoyear fight over what former Chair Gary Gensler knew about Ethereum.…
Fears of AI-driven DeFi hack epidemic overstated for now — but not for long
Are the fears of an AI driven hacking epidemic totally overblown, or is this just the lull before the storm? Source:Cointelegraph
The FDA is about to decide which peptides could soon become widely available in the U.S. Here’s what happens next.
The FDA is deciding whether seven peptides like BPC157 and TB500 can be legally compounded, potentially opening the door to broader use in Americans.…
BitMEX, the exchange that invented perps, is shutting down
BitMEX, cofounded by Arthur Hayes in 2014, redefined the global crypto market by introducing the 100x leverage perpetual swap. Source:CoinDesk
Bitcoin, Ethereum-linked protocols lose $35 million in multiple attacks hours apart
The attacks hit Verus, B² Network and other crosschain systems, showing how compromised keys, upgrade powers and validation checks can empty protocols without…
Senator Lummis: Ethics, other provisions in crypto Clarity Act to be further discussed
Senator Cynthia Lummis, one of the lead negotiators on the bill, told CoinDesk she was "pleased" that the updated bill was ready for release. Source:CoinDesk
Tesla holds bitcoin treasury steady, reports $112M impairment loss
The electric vehicle maker maintained its 11,509 BTC treasury through the second quarter as bitcoin declined 14%, alongside mixed earnings that beat revenue…
US officials barred until 2029 from issuing or sponsoring tokens under CLARITY’s proposed ethics rules
According to Senator Cynthia Lummis, one of the bill’s advocates, the ethics language would apply to US presidents’ crypto ventures, including Donald Trump’s.…