JPMorgan, Citi-backed Clearing House plans tokenized deposit network in 2027: WSJ
Some of the largest banks are reportedly launching a tokenized deposit network in early 2027 in response to growing competition from stablecoin companies entering TradFi.
House GOP eyes summer vote on prediction market restrictions for lawmakers
House Republicans plan a summer vote on a congressional stock trading ban and new restrictions on lawmakers’ prediction market activity.
How low can Bitcoin price go if $60K support fails?
Bitcoin’s downside targets cluster near $50,000, but a larger weekly bearish setup puts a deeper correction toward $33,000 on the radar.
South Korea police probe Polymarket users over illegal gambling claims: Report
South Korean police reportedly launched the country’s first illegal gambling probe into local Polymarket users amid election-betting scrutiny.
Forward Industries moves $32M in SOL amid $1B paper loss
Forward Industries moved $31.9 million in SOL to Coinbase Prime as its Solana bet sits over 70% underwater, underscoring growing strain on corporate crypto treasuries.
Strategy’s leveraged Bitcoin model has faced its first stress test: Grayscale
“Less Bitcoin on levered DAT balance sheets and more on diversified corporate balance sheets will be a positive,” said Grayscale’s head of research, Zach Pandl.
Crypto billionaires bankroll Nigel Farage’s pro-crypto party
Tether-linked billionaire Christopher Harborne and BitMEX co-founder Ben Delo donated $9.4 million to Nigel Farage’s Reform UK in the first quarter.
ZEC drops 30% after Anthropic AI finds Zcash counterfeit vulnerability
ZEC market capitalization fell by almost $3 billion over the past 24 hours following the disclosure of a critical vulnerability, despite it being patched already.
Anthropic’s warning: AI is on the cusp of getting smarter on its own
Companies have been developing AI very quickly to stay ahead of the market, but Favaro and Clark argue that a slowdown would allow more time to deal with the technology’s implications.
Senate Republicans push finance watchdogs to clarify crypto capital rules
Senator Cynthia Lummis has led a group of lawmakers urging financial regulators for “fair capital treatment for on-balance sheet treatment of digital assets.”