Bitcoin gives back Monday's gain as Clarity Act odds fade on Polymarket
Bitcoin fell 1.7% since midnight UTC to $76,862, unwinding a late Monday rally as Polymarket odds on the Clarity Act becoming law this year halved overnight.
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Bitcoin fell 1.7% since midnight UTC to $76,862, unwinding a late Monday rally as Polymarket odds on the Clarity Act becoming law this year halved overnight.
Security firms traced the $7.8 million loss to a helper contract the wallet owner had authorized, not to Safe itself.
CoinDesk · 6 days ago
The proposed acquisition would use cash flow from precious metals sales to build bitcoin holdings.
The 114-page bill would change the tax treatment of crypto fees, stablecoins and lending while leaving existing reward-tax timing unchanged.
Cointelegraph · 6 days ago
Ethereum and Base are pursuing different account abstraction designs after talks failed, according to Ethlabs researcher Derek Chiang.
Founder and CEO Haipo Yang cited mounting security and compliance risks and said he rejected a sale in favor of a “clean ending.”
CoinDesk · 6 days ago
Bitcoin short-term holders approached a full month in partial profit as analysis saw improving odds of an enduring bullish BTC price reversal.
The asset manager funded the entire purchase through preferred stock, pushing SATA's notional value past $1 billion for the first time.
Tether froze $61.19 million across 10 Tron addresses in 2025 that prosecutors allege were connected to black-market Iranian oil proceeds.
Solana raised its transaction size limit to 4,096 bytes, giving developers more room for zero-knowledge proofs and transactions with multiple signatures.
Senators take a procedural vote on the crypto market structure bill later Tuesday. Bitcoin has given back 3% since touching $79,530 overnight, with XRP and zcash the only majors gaining ground.
Batch V1.1 would let users bundle up to eight linked transactions into one operation, with 27 of 35 trusted validators now backing the change.
Banking groups also said the GOP’s final text leaves stablecoin reward loopholes, while tribal gaming interests warn that its prediction market provisions threaten tribal sovereignty.
Cointelegraph · 6 days ago
Prosecutors have filed a civil forfeiture complaint against what they call Iran's illegal crypto proceeds that are used to fund its military.
CoinDesk · 6 days ago
Transaction V1 raises Solana’s limit to 4,096 bytes from 1,232, giving developers more room for multi-step trades, company-wallet approvals and privacy proofs.
CoinEx said falling trading volumes and liquidity, along with rising regulatory and compliance costs, had exceeded “reasonable boundaries,” with withdrawals remaining open until Dec. 22.
Cointelegraph · 6 days ago
Democratic Senators were said to be meeting late Monday to discuss the latest proposed draft text.
CoinDesk · 6 days ago
Balancer cut costs and shipped new products after restructuring, but Marcus Hardt says v3 failed to replace legacy revenue as November’s $128 million exploit continued to weigh on adoption.
Cointelegraph · 6 days ago