US Senate to vote on advancing CLARITY Act in September after Thune files cloture
The procedural move puts crypto market structure legislation back on track as lawmakers continue negotiations over ethics and stablecoin provisions.…
A part of FTX survived, and it’s the case for the CLARITY Act
When FTX collapsed, the parts of it bound by law survived. Mainstream finance is now converging with digital assets, and the law built to protect it the same…
New York sues Kalshi over alleged illegal gambling operation
The lawsuit adds to a growing clash between New York and the CFTC over whether federally regulated prediction markets are subject to state gambling laws.…
Major bitcoin wallet flaw drains 594 BTC in 25-minute sweep
A hardware wallet randomness bug turned “impossible to guess” seeds into guessable ones, and $38 million is already gone. Source：CoinDesk
US Senators sent revised ethics rules to White House for CLARITY Act: Report
The window to pass a comprehensive crypto market structure bill before the Senate breaks for a monthlong recess is closing, with ethics a dividing issue for…
Social Security’s biggest problem isn’t a design flaw. It’s a missing trust fund.
Should policymakers look beyond the payroll tax to cover this share of the deficit? Source：MarketWatch
Zcash says Ironwood proof rules out undetectable counterfeiting bugs
Zcash researchers published more than 2,700 machinechecked theorems designed to rule out undetectable counterfeiting bugs in Ironwood. Source：Cointelegraph
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House passes bill on lawmakers using insider information for stock trading
According to Senator Elizabeth Warren, the House bill “won’t solve the problem“ of insider trading in Congress as lawmakers will still be allowed to own and…
Crypto advocacy groups support CLARITY passage as ethics rules face pushback
The window for US lawmakers to address a comprehensive crypto market structure bill before the 2026 elections is closing, and industry organizations are…
BitMEX hit with 623 BTC lawsuit on day it announces shutdown
The proposed class action alleges BitMEX used privileged trading access and server freezes to profit from forced liquidations. Source：Cointelegraph
The SEC settles with Coinbase over its missing Gary Gensler texts
A new court status report reveals the agency will pay a flat fee to resolve a twoyear fight over what former Chair Gary Gensler knew about Ethereum.…