CryptoBreaking News

Coinbase Chief Policy Officer Faryar Shirzad said the CLARITY Act would strengthen US oversight of digital assets rather than weaken national security.

BlackRock's BUIDL fund has grown to more than US$900 million on Avalanche (CRYPTO:AVAX), helping lift its total assets to about US$2.87 billion.

The Cambridge Centre for Alternative Finance said Ethereum (CRYPTO:ETH) reduced its electricity use by more than 99.9% after switching to proof-of-stake in September 2022.

The stablecoin market has shrunk by about US$10 billion since May as Tether (CRYPTO:USDT) and USD Coin (CRYPTO:USDC) recorded large redemptions.

Ripple nearly shut down after the US Securities and Exchange Commission sued the company over XRP (CRYPTO:XRP) in 2020.

Empery Digital sold 1,400 Bitcoin (CRYPTO:BTC) for about US$87.1 million to fund an AI data centre project and reduce debt.

Grayscale has classified XRP (CRYPTO:XRP) as a global payments asset in its latest digital asset framework.

Pakistan's crypto chief has called for more talks after Islamic scholars ruled that payments using Tether (CRYPTO:USDT) and other cryptocurrencies are not allowed under their interpretation of Islamic law.

Thailand's central bank will require proof of the source of funds for cash deposits above 5 million baht (US$150,000) and audit large Tether (CRYPTO:USDT) transactions.

Rep. Greg Stanton says the Trump administration needs a stronger diplomatic strategy to reopen the Strait of Hormuz and negotiate a more accountable agreement with Iran, warning the conflict has increased economic and geopolitical risks. He also defends closer ties with Canada, Mexico and other US allies as essential to competing with China, while condemning settler violence in the West Bank following an incident involving Rep. Ro Khanna.

Martha Gimbel, executive director and cofounder of the Budget Lab at Yale University, says artificial intelligence is unlikely to offset the economic challenges of an aging population, arguing the US is confronting two major transitions at the same time rather than one solving the other. She says AI could improve productivity in some areas, particularly by helping caregivers with physically demanding tasks, but questions whether consumers will embrace automation in roles where human interaction remains essential.

Former US ambassador to NATO Kurt Volker says the NATO summit reinforces alliance unity, strengthens support for Ukraine and sends a tougher message to Russian President Vladimir Putin, while praising President Donald Trump's more constructive engagement with President Volodymyr Zelensky. Volker says Ukraine's battlefield innovation and sustained pressure on Russia are shifting the conflict's momentum, though he warns Putin remains committed to the war and is unlikely to negotiate without greater leverage.