Crypto Biz: CLARITY Act setback puts Coinbase in the spotlight
Coinbase draws scrutiny after the CLARITY Act stalls, while the SEC moves ahead with tokenized stocks and crypto firms push deeper into payments.
Kyle Samani predicts SOL flippening, claims ‘no one’ uses ETH
Multicoin Capital co-founder Samani expects SOL to surpass Ether’s market capitalization “this market cycle” and argues that “today, no one really uses Ethereum.”
Strategy buys 950 Bitcoin for $76M, repurchases $174M in STRC
Strategy bought 950 Bitcoin for $75.7 million after a two-week pause and spent another $174 million repurchasing its STRC preferred stock.
ECB launches Pontes to settle tokenized assets without stablecoins
Pontes will expand its services and operating hours gradually, with full implementation expected by 2028 and more participants set to join.
NEAR jumps nearly 80% in a week as Intents volume nears $30B
Near expanded privacy features for traders as NEAR Intents recorded $29.3 billion in cumulative volume, including swaps involving Zcash.
BTC price nears eight-month high above $85K: Five things to know in Bitcoin this week
Bitcoin hit $85,000 for the first time since January as markets focused on cooling oil prices.
X sues Bitcoin account operators over alleged $278K payout fraud
X alleges six Bitcoin-focused accounts coordinated posts and engagement to inflate creator payouts, with claimed and projected losses of at least $378,000.
ZetaChain holders approve plan to wind down L1, move ZETA to Solana
ZetaChain plans to wind down its Cosmos-based layer 1 and migrate ZETA to Solana, joining other crypto projects moving away from standalone chains.
Bank of Korea launches 24-hour won settlement pilot for foreign investors
The Bank of Korea’s new network will let foreign investors settle won transactions during business hours in their home countries.
North Korean fake recruiters infect 30K devices, steal $10.7M in crypto
North Korean cyber group WaterPlum targeted developers with fake jobs at crypto, AI and NFT companies, infecting at least 30,000 devices across more than 100 countries.