Democrats added certain consumer protection rules to CLARITY: Coinbase exec
Coinbase vice chair Ryan VanGrack said that Democratic lawmakers had added provisions on customer protection to a digital asset market structure bill under…
Ethics in crypto market structure ‘really not our concern,’ says Blockchain Association CEO
A former CFTC commissioner urged lawmakers not to “kill all the hard work that we put in the rest of the bill” by making ethics a makeorbreak issue on crypto…
Japan reclassifies crypto as a financial asset, paves way for tax cuts
Lawmakers said crypto has outgrown its role as a payment method and requires rules designed for investment products. Source:CoinDesk
Lending protocol Bonzo loses 77% of value locked as $9 million oracle exploit rattles Hedera
Bonzo Lend lost approximately $9.05 million after an attacker exploited a verification flaw in a thirdparty Supra oracle contract on the Hedera network.…
EU lawmakers adopt digital assets policy stance after MiCA transition ends
The European Parliament adopted a digital assets report calling for further assessment of DeFi, staking, crypto lending and NFTs after MiCA’s transition period…
Dormant $1.9M Bitcoin tied to New York lawsuit moves after nearly 15 years
A Bitcoin address dormant for nearly 15 years moved $1.9 million in BTC as a New York lawsuit seeks ownership of thousands of inactive holdings.…
How ethical hackers with just a $3,000 server found a flaw that could've put $70 billion in crypto at risk
A critical flaw in the Aptos blockchain, which was patched, gave researchers a near90% success rate at breaking a core security guarantee, with attack costs of…
Three years after MiCA became law, Europe's crypto framework is undergoing a rethink
Europe’s MiCA regime is now up for review, known colloquially as “MiCA 2.0,” through a consultation that closes around September. Source:CoinDesk
EU lawmakers urge assessing DeFi, staking, NFT regulation
The nonbinding report outlines Parliament's vision for future EU crypto regulation and warns against national MiCA rules. Source:Cointelegraph
Bitcoin may fall lower but BTC power-law frames crash to $58K as ‘normal’
Bitcoin’s drop to $58,000 lines up with the powerlaw model’s cycle lows, even though futures market data points to deeper lows for BTC price.…