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New Clarity Act emerges, which is a start to the final draft, which makes the ethics rule temporary

Republican senators met with Trump about it last week. On Monday, the Republicans had reached an agreement. A White House official told CoinDesk on Monday that Trump had “accepted the most comprehensive and far-reaching ethics provision in history.” The legislation would give regulators a year to implement the new ethics restrictions. It is not yet […]

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Revolut hits $115 billion valuation in employee stock sale: WSJ

Crypto-friendly digital bank Revolut has been valued at $115 billion in a secondary stock sale, lifting the company’s valuation by 53% in less than a year. The company priced shares at $2,017 each, according to an internal message from CEO Nik Storonsky reported by The Wall Street Journal. The transaction gives employees and other existing

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The next big AI trade could be crypto and blockchain

That shift is already beginning. Robinhood launched AI-powered investment tools in May that let agents trade stocks and make purchases for users. CEO Vlad Tenev has said that AI agents will eventually rival the abilities of human traders, as OpenAI and Anthropic race to build increasingly autonomous systems that can navigate software and complete complex

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US seeks forfeiture of $25 million in crypto related to romance and investment fraud

Federal prosecutors filed five civil forfeiture complaints seeking more than $25 million in cryptocurrency that investigators say came from international romance and investment scams targeting people in the United States and Canada. The complaints, filed in the US District Court for the District of Columbia, stem from separate Secret Service investigations. Agents traced funds through

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Here’s why bitcoin bulls should take a closer look at interest rates: Crypto Daily

Like bitcoin BTC$65,564.63 is regaining its footing, optimism has returned to the market, and several observers are calling the latest price increase the start of a decisive bull run for valuations well beyond last year’s $126,000 peak. But a look back at trends in bitcoin and Nasdaq valuations, adjusted for the cost of capital represented

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Kalshi pushes deeper into politics as it looks at commodity contracts

Prediction market platform Kalshi launched its US “Midterms Hub” as it seeks to position itself as the primary reference for US election odds The new hub will allow users to observe the results speculators expect in the individual US Senate and House of Representatives as the country heads toward elections in November, Kalshi said in

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Midnight’s NIGHT token returns by 19% after Wanchain bridge hack

Midnight’s NIGHT token staged a sharp recovery after plunging to an all-time low following a bridge exploit earlier this week, with Charles Hoskinson using the incident to argue for rethinking crypto security from the ground up. NAT dropped around 43% after 290 million tokens were stolen and dumped through an old Wanchain bridge on the

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SecondFi Shuts Down After $2.4 Million ADA Wallet Theft

Cardano wallet SecondFi is winding down after attackers exploited a flaw in its transaction signing software to steal 16.1 million ADA, worth about $2.4 million, from 374 wallets. The service, which replaced EMURGO’s Yoroi wallet, said it will not resume normal operations despite the vulnerability being patched. The flaw allowed attackers to derive private key

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