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Circle and Coinbase shares fell about 10% as the failed Senate vote weighed on crypto-linked equities, with Bitcoin miners and treasury companies also declining.
Greg Brockman says OpenAI delayed launches and reworked its processes after a pre-release model broke out of a sandbox and hacked into Hugging Face.
Decrypt · 5 days ago
Coinbase, Circle and Galaxy lead a broad crypto stock selloff after the U.S. Senate failed to advance a long-awaited market structure bill.
CoinDesk · 5 days ago
The Senate fell short of the 60 votes needed to advance the crypto industry's marquee bill Tuesday. Bitcoin dropped as the no tally mounted, but the move stopped well short of panic.
One of the most crucial U.S. regulations for crypto markets couldn't secure enough support to clear the Senate's final 60-vote hurdle.
CoinDesk · 5 days ago
The crypto market structure bill failed to receive enough votes to advance in the Senate.
Decrypt · 5 days ago
The years-long effort to set U.S. regulations for crypto markets couldn't muster enough support to make the leap over the Senate's final 60-vote hurdle.
CoinDesk · 5 days ago
The failed procedural vote leaves the CLARITY Act facing an uncertain future after months of negotiations over crypto oversight and ethics provisions.
Michael Weisz will lead Kamino from a new New York headquarters as the DeFi lender is expanding into tokenized assets.
A Bank of England policy maker said digital dollars could expand access to the US currency while turning stablecoin issuers into bigger buyers of government debt.
Cointelegraph · 6 days ago
Two employees allegedly earned more than $50,000 each by trading Hyperliquid perpetual futures before Robinhood announced new token listings.
Decrypt · 6 days ago
The Wyoming Republican says the final text hands Democrats more than 120 of their own demands, including sweeping new ethics rules, as the Senate holds a make-or-break cloture vote Tuesday afternoon.
The crypto exchange is expanding its traditional finance offerings with 11 US-listed exchange-traded funds focused on US Treasurys and investment-grade bonds.
Cointelegraph · 6 days ago
Prosecutors allege two Chinese companies used Binance accounts to launder oil proceeds benefiting Iran’s government and military.
The proposal would overhaul federal tax treatment of digital assets but still requires approval from Congress.
Decrypt · 6 days ago
Bitcoin price action weakened over market nerves prior to the Senate CLARITY Act vote, while surging bond yields pressured risk assets across the board.
Standard Chartered sees Robinhood Chain as an early sign that tokenization could transform Arbitrum’s economics and drive ARB sharply higher by 2030.
As the parties dig in their heels, the market structure bill hasn't yet amassed the votes it would need to clear the first Senate hurdle scheduled for Tuesday.
CoinDesk · 6 days ago