Bridge head of money movement Ben O’Neill said the dominance of Tether and Circle Internet Group is a “net bad” for the long-term growth of stablecoins because the market lacks sufficient competition.
Coinbase has been sued in California federal court by a Puerto Rico-based plaintiff seeking the return of crypto allegedly tied to a $55 million DAI phishing theft from August 2024.
US Senator Kirsten Gillibrand said lawmakers could vote on the CLARITY Act before the August recess if Congress resolves concerns surrounding ethics, consumer protections and illicit finance provisions.
Project Eleven CEO Alex Pruden said Bitcoin developers should stop waiting for certainty around quantum-computing timelines and begin implementing post-quantum cryptographic protections now.
The White House is preparing to unveil new details on the US Strategic Bitcoin Reserve in the coming weeks as the Trump administration advances plans for managing federally held Bitcoin assets.
Law enforcement has frozen more than $41 million linked to suspected crypto Ponzi scheme BG Wealth Sharing, which is believed to have caused losses exceeding $150 million.
State Street said institutional investors are demanding stronger blockchain security following a surge in decentralised finance exploits.
Bullish has agreed to acquire Equiniti for $4.2 billion as it expands into tokenised securities and 24/7 trading infrastructure.
Space and Time has launched a virtual vault system designed to support institutional onchain lending with real-time collateral verification.
Rising political spending by crypto and AI groups is colliding with growing public scepticism, as a Politico poll shows 45% of Americans believe crypto investing is not worth the risk.
Senior executives from Mastercard, Crypto Council for Innovation and Clerisy said diversity in product, policy and hiring decisions can materially influence outcomes across the crypto industry.
Kaiko said trading data suggests some participants may have positioned ahead of token listings on Robinhood.
