Clarity may get a vote, but don’t get your hopes up yet Despite wealthy memecoin entrepreneur Donald Trump agreeing to an ethics deal, the Clarity Act is floundering as the August recess deadline looms. Senate Majority Leader John Thune doesn’t believe the Act has the votes to pass just yet, but may bring it to … Read more
The Smarter Web Company has sold a portion of its Bitcoin treasury to repay an $11.7 million convertible debt facility held by TOBAM, a move the company frames as a choice for balance-sheet flexibility over equity dilution. The company sold 177.8909127 BTC at an average price of $65,762 to retire the instrument, known as the … Read more
For the second time this year, the US Commodity Futures Trading Commission (CFTC) issued a warning to prediction markets operators to follow the rules when creating contract certifications that operators consider cover a broad swath of events contracts. The CFTC, which claims to be the primary regulator of prediction markets, on Friday issued an advisory … Read more
Democratic Senator Elizabeth Warren has blasted the Clarity Act draft bill, claiming it would allow criminals and cartels to move money. Speaking in a video statement on X Wednesday, Warren hinted that the potential law would allow President Donald Trump to make money from crypto. Lawmakers are currently mulling over the latest draft of the … Read more
Senate Democrats have rejected the ethics provision in the latest Clarity Act draft in blunt terms, and Majority Leader John Thune cast doubt on Thursday that the crypto market-structure bill can pass before the August recess. “Whatever piece of s–t they sent back to us, that was not a serious effort,” Senator Ruben Gallego of … Read more
BitMart will wind down its cryptocurrency exchange, ending all trading services on Aug. 26 before ceasing operations entirely on Jan. 31, 2027. “After a careful evaluation of the Company’s operating conditions, market environment, and future strategic direction, BitMart has made the difficult decision to commence an orderly wind-down of its trading platform operations,” it said … Read more
The Crypto Council for Innovation, Digital Chamber and Blockchain Association wrote to US Senate leaders on Friday calling for the chamber to prioritize “floor consideration” of the Digital Asset Market Clarity (CLARITY) Act. In a Friday letter to Senator Majority Leader John Thune and Minority Leader Chuck Schumer, the three cryptocurrency advocacy groups urged consideration … Read more
Something huge is happening in the crypto world today, Sunday, July 26, 2026. Shiba Inu, the popular meme coin, has seen a massive price surge. We’re talking about a jump that’s pushing its SHIB token to levels not seen in three years. This isn’t just a small bump; it’s a full-blown explosion that has the … Read more
Cryptocurrency exchange Binance runs simulated phishing attacks against its own employees and can fire staff who repeatedly fail the tests, according to Binance chief security officer Jimmy Su. The fake attacks are conducted by Binance’s red team, an internal ethical hacking unit whose job is to break into systems to identify vulnerabilities. “We do phishing … Read more
Top crypto advocacy groups the Crypto Council for Innovation, Blockchain Association, and the Digital Chamber have said in a letter that they support the latest draft of the Clarity Act. In a letter Friday, the trade associations said that passing the bill is necessary to establish the “first comprehensive federal consumer protection framework for digital … Read more