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Senate to Vote on GENIUS Act as GOP Presses Forward Despite Mounting Opposition
Senate Republicans are advancing a Thursday vote on a sweeping stablecoin regulation bill despite bipartisan pushback and uncertainty.
Published on: May 07, 2025 | Source:
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Solana sees 1.2 million new SPL tokens in April with memecoins taking center stage
Solana recorded a massive surge in token creation throughout April, with over 1.2 million new Solana Program Library (SPL) tokens minted during the month. SPL is the token standard for the Solana network, similar to ERC-20 for Ethereum. Data from Solscan shows that daily token mints consistently averaged between 30,000 and 55,000 during the reporting [β¦] The post Solana sees 1.2 million new SPL tokens in April with...
Published on: May 07, 2025 | Source:CVE-2025-30147 - The curious case of subgroup check on Besu
Thanks to Marius Van Der Wijden for creating the test case and statetest, and for helping the Besu team confirm the issue. Also, kudos to the Besu team, the EF security team, and Kevaundray Wedderburn. Additionally, thanks to Yuxiang Qiu, Justin Traglia, Marius Van Der Wijden, Benedikt Wagner, and Kevaundray...
Published on: May 07, 2025 | Source:ElizaOS Vulnerability Shows How AI Can Be Gaslit Into Losing Millions
Princeton University researchers have found crypto AI agents like ElizaOS are vulnerable to memory-based manipulation hacks.
Published on: May 06, 2025 | Source:Bitcoin Payments Company Strike Launches BTC-Backed Loans
Bitcoin-based payments company Strike is allowing customers to get loans using the top cryptocurrency as collateral.
Published on: May 06, 2025 | Source:Defiance introduces ETFs with simultaneous long, short positions on Bitcoin, Ethereum and gold
Defiance ETFs has filed for regulatory approval of four new exchange-traded funds (ETFs), some of which include simultaneous long Bitcoin (BTC) and short Ethereum (ETH). A May 6 filing with the US Securities and Exchange Commission (SEC) revealed the funds, which include the Bitcoin vs. Ethereum ETF, which is long BTC and short ETH; the [β¦] The post Defiance introduces ETFs with simultaneous long, short positions on...
Published on: May 06, 2025 | Source:Publicly Traded DeFi Development Corp. Adds Another $11.2 Million in Solana
After changing its name from Janover, DeFi Development Corp. is stacking more SOL and just acquired a Solana validator business.
Published on: May 06, 2025 | Source:Senate Democrat Says He's Looking Into Trump's Crypto Businesses
Sen. Richard Blumenthal wrote letters to Trump-affiliated business executives, asking about their ownership and investment structure.
Published on: May 06, 2025 | Source:Crypto VC funds struggle to capture money as startup fundraising rebounds in 2025
Crypto venture capital (VC) firms are experiencing operational strain and consolidation, even as project-level fundraising gains momentum. In the first quarter, crypto startups raised $5.85 billion, already accounting for nearly 61% of the capital raised throughout 2024, according to DefiLlama. Varys Capital head of venture Tom Dunleavy shared that, despite this influx, fewer active funds [β¦] The post Crypto VC funds...
Published on: May 06, 2025 | Source:Kalshi's Legal Tussle With CFTC Nears End as Regulator Drops Appeal
The CFTC moved on Monday to drop its appeal of a court ruling that allowed Kalshi to offer event contracts on U.S. election outcomes.
Published on: May 06, 2025 | Source:Bitwise throws NEAR ETF in race for SEC approval with S-1 filing
Digital asset manager Bitwise has filed to list a spot Near exchange-traded fund with the US Securities and Exchange Commission, adding to a growing list of altcoins currently vying to win regulatory approval.The Bitwise Near (NEAR) ETF will track the price movements of the NEAR token, minus expenses, through a traditional brokerage, Bitwiseβs May 6 registration statement shows.Bitwise named Coinbase Custody as the...
Published on: May 06, 2025 | Source:Bitwise throws spot NEAR ETF in race for SEC approval
Digital asset manager Bitwise has filed to list a spot Near exchange-traded fund with the US Securities and Exchange Commission, adding to a growing list of altcoins currently vying to win regulatory approval.The Bitwise Near (NEAR) ETF will track the price movements of the NEAR token, minus expenses, through a traditional brokerage, Bitwiseβs May 6 registration statement shows.Bitwise named Coinbase Custody as the...
Published on: May 06, 2025 | Source:Bitwise sees peril in stalled crypto legislation amid political unrest
Bitwise CIO Matt Hougan cautioned that the digital asset market may face a turbulent summer if lawmakers in Washington fail to pass key crypto legislation, despite strong early momentum under President Donald Trumpβs administration. In a note to clients, Hougan said cryptoβs recent gains remain fragile without legal safeguards from Congress, warning that political gridlock [β¦] The post Bitwise sees peril in stalled...
Published on: May 06, 2025 | Source:Strategy's AI Embrace: Michael Saylor Says He Built His Bitcoin Empire With Chatbot Help
Hereβs how the company formerly known as MicroStrategy used AI to create new securities while building a $50 billion Bitcoin company.
Published on: May 06, 2025 | Source:Coinbase reveals x402 protocol to enable on-chain payments via HTTP
Coinbase unveiled an open-source protocol for on-chain payments via HTTP called x402. Announced on May 6, the system repurposes the previously unused HTTP 402 βPayment Requiredβ status code to support direct machine-native payments using stablecoins. The protocol enables autonomous agents and applications to pay for API access, data, and services without relying on human intervention, [β¦] The post Coinbase reveals x402...
Published on: May 06, 2025 | Source:Bitcoin Dominance Soars Ahead of FOMC as Volatility Burst Looms, Says Analyst
Crypto markets are in a holding pattern as capital rotation from altcoins pushed bitcoin's market share to fresh 4-year high.
Published on: May 06, 2025 | Source:US regulator moves to drop appeal against Kalshi
The US Commodity Futures Trading Commission (CFTC) is seeking permission from the court to drop an appeal against prediction market Kalshi. The move could allow the platform to offer political event contracts to users without contest.In a May 5 filing in the US Court of Appeals for the District of Columbia Circuit, lawyers for the CFTC filed an unopposed motion for voluntary dismissal, suggesting an agreement with...
Published on: May 06, 2025 | Source:Citi, Swiss Firm SDX to Unveil Tokenization for Pre-IPO Shares Market in Q3
Citi will tokenize and custody high-growth company shares on Switzerlandβs Six Digital Exchange to spurr investments into venture-backed firms.
Published on: May 06, 2025 | Source:Tether adds Chainalysis tokenization platform for compliance, monitoring
Tether, the issuer of the worldβs largest stablecoin by market cap USDt (USDT), has announced a partnership with Chainalysis that will integrate the companyβs compliance and monitoring tools onto Tetherβs tokenization platform. The move comes amid expanding oversight across the crypto industry.Launched in November 2024, the Hadron by Tether platform is designed for institutions, corporations and governments, entities...
Published on: May 06, 2025 | Source:Satoshi-era Bitcoin whale wallets tied to Silk Road move $324 million after 12 years
Two Satoshi-era Bitcoin wallets that have been inactive for over a decade have suddenly sprung to life, transferring a combined 3,422 BTC, which amounts to roughly $324.2 million at current prices. On May 6, blockchain analysis firm Spot On Chain reported that one of the wallets tagged β1NWPSβ moved 2,343 BTC, valued at around $222.2 [β¦] The post Satoshi-era Bitcoin whale wallets tied to Silk Road move $324 million...
Published on: May 06, 2025 | Source:Bitcoin Stalls as Trump Vents Trade Frustrations Before Fed Decision
The president appeared bothered by investorsβ rising angst about trade deals.
Published on: May 06, 2025 | Source:Bitcoin could rally regardless of what the Federal Reserve FOMC decides this week: Hereβs why
Key Takeaways:The Fed may pause rates but inject liquidity. Crypto could rally as a recession hedge.The weak US dollar and gold rally signal a shift to scarce assets.The US Federal Reserve Open Market Committee (FOMC) interest rate decision on May 7 will be a defining moment for risk-on assets, including cryptocurrencies. While the consensus points to no change in interest rates, Bitcoin (BTC) and altcoins could see...
Published on: May 06, 2025 | Source:UK has no plan to establish national Bitcoin reserve despite global trend
The UK has confirmed it does not plan to pursue a national Bitcoin reserve, distancing itself from the emerging trend of governments exploring state-backed digital asset holdings. Economic Secretary to the Treasury Emma Reynolds said on May 6 that the UK government has no plans to establish a Strategic Bitcoin Reserve (SBR) while speaking at [β¦] The post UK has no plan to establish national Bitcoin reserve despite...
Published on: May 06, 2025 | Source:21Shares launches ETP for Crypto.com's Cronos token
21Shares has launched an exchange traded product (ETP) in Europe, providing investors with exposure to Crypto.comβs Cronos token, the asset manager said.The ETP is listed on Euronextβs Paris and Amsterdam exchanges, 21Shares said in a May 6 announcement.Cronos (CRO) is a layer-1 blockchain network affiliated with Crypto.com, a centralized exchange.The chain is designed to integrate with the Ethereum and Cosmos...
Published on: May 06, 2025 | Source:Zerebro Founder Obituary Removed Amid $105 Million 'Legacoin' Token Speculation
A now deleted video showed Zerebro founder Jeffy Yu dying by suicide. But the coroner told Decrypt there's no record of his death.
Published on: May 06, 2025 | Source:Zerebro co-founder Jeffy Yu allegedly commits suicide amid speculation and mystery
Information is spreading online that Jeffy Yu, co-founder of the AI Agent crypto project Zerebro, died following a livestreamed suicide on May 4. Cryptoslate has been unable to verify whether the reports are accurate or a part of a darkly elaborate marketing campaign for a new memecoin. The event was initially confirmed by an obituary [β¦] The post Zerebro co-founder Jeffy Yu allegedly commits suicide amid speculation...
Published on: May 06, 2025 | Source:Bitcoin bulls rush into long positions ahead of May 7 Fed FOMC interest rate decision
Key Takeaways:Data shows Bitcoin bulls opening margin long positions from $94,400.A $189 million increase in Bitcoin futures open interest and a 15% increase in trading volume show sustained buying interest.BTC momentum tends to slow before FOMC meetings and then turns volatile afterward. The same could happen following this weekβs Federal Reserve statements.Bitcoin (BTC) bulls are holding strong around the $94,500...
Published on: May 06, 2025 | Source:Treasuryβs Bessent Warns CBDC Would Convey βWeaknessβ
The official previously said that a CBDC was not needed in the U.S.
Published on: May 06, 2025 | Source:CFTC Drops Appeal in Kalshi Election Betting Case
The CFTC appealed a federal judgeβs ruling last year clearing Kalshiβs listing of a political prediction market, arguing that it presented a βprofoundβ harm to the public.
Published on: May 06, 2025 | Source:21Shares Debuts Cronos ETP in US Amid Altcoin Fund Frenzy
The Switzerland-based issuer is offering a fund tracking the price of Cronos to US investors.
Published on: May 06, 2025 | Source:New Hampshire approves first state-level Strategic Bitcoin Reserve law
New Hampshire has enacted Americaβs first state-level Strategic Bitcoin Reserve law, establishing a framework to allocate a portion of state funds to Bitcoin (BTC) and select digital assets. Governor Kelly Ayotte signed HB 302 into law on May 6, authorizing the state treasurer to hold Bitcoin in a regulated reserve structure. The model policy, developed [β¦] The post New Hampshire approves first state-level Strategic...
Published on: May 06, 2025 | Source:New Hampshire Becomes First State to Sign Bitcoin Reserve Bill Into Law
New Hampshire Governor Kelly Ayotte signed a bill into law Tuesday enabling the state to amass Bitcoin, making it the first in the U.S.
Published on: May 06, 2025 | Source:New Hampshire Becomes First State to Approve Crypto Reserve Law
Governor Kelly Ayotte signed a bill into law that allows the investment of a portion of the state's public funds in precious metals and crypto assets.
Published on: May 06, 2025 | Source:Solana bull flag, rising stablecoin market cap hint at SOL price rally to $220
Key takeaways:Solanaβs stablecoin supply rose by 156% in 2025, to hit a new record at $12 billion.Solanaβs TVL grew by 25% to $7.65 billion, with 27.7% decentralized exchange volume share, leading Ethereum and BNB Chain.SOL price formed a bull flag, with a price target at $220.Solanaβs native token, SOL (SOL) failed to maintain its bullish momentum after reaching $156 on April 25, but an assortment of data points...
Published on: May 06, 2025 | Source:New Hampshire governor signs crypto reserve bill into law
New Hampshire became the first US state to allow its government to invest in crypto currencies including Bitcoin (BTC), after Governor Kelly Ayotte signed a bill passed by the legislature into law. In a May 6 notice, Ayotte announced on social media that New Hampshire would be permitted to βinvest in cryptocurrency and precious metalsβ through a bill passed in the state Senate and House of Representatives. House Bill...
Published on: May 06, 2025 | Source: