Senate leaders push for July passage of CLARITY Act
Lawmakers in the US Senate are on state work periods until July 13, giving them only four weeks to address a cryptocurrency market structure bill before…
Semiconductor stocks are surging while the ‘Magnificent Seven’ is struggling. This divergence of fortunes could be bad news for the market.
Semiconductor stocks have surged more than 80% this year, riding a wave of AI demand from the “Magnificent Seven.” Meanwhile, the companies writing those…
Bitcoin lending is entering a new institutional era, according to Silicon Valley Bank
The bank said bitcoin lending has emerged from the 2022 crypto credit collapse with stronger risk controls, growing institutional participation and a path…
Bitcoin balances $60K tightrope as US stocks rebound on fresh Iran peace deal hopes
Bitcoin faced its own battle for support as US stocks headed higher and analysts warned of a lack of "conviction" among BTC buyers. Source:Cointelegraph
JPMorgan backs U.S. crypto bill but warns of risks in digital asset framework
The bank says Congress should pair regulatory clarity with safeguards as Senate negotiates the Clarity Act. Source:CoinDesk
Private keys, not smart contracts, caused 40% of crypto's $16 billion hack losses. Here's whats being done.
The industry is moving toward fixing the private key vulnerability issue, just not evenly, Wish Wu, cofounder and CEO of Pharos, said. Source:CoinDesk
Wall Street is bracing for a wave of Fed rate hikes that may never come. These sectors stand to gain.
Inflation isn’t as high as you think — and Fed Chair Kevin Warsh looks less hawkish than advertised. Source:MarketWatch
White House to speak with law enforcement groups to push Crypto's Clarity Act
Officials from the White House are said to be sitting down with law enforcement representatives who have objected to illicitfinance portions of the bill.…
J.P. Morgan broadens blockchain settlement network as banks modernize cross-border payments
The bank added five AsiaPacific currencies to its Kinexys blockchain platform, allowing institutional clients to settle payments and FX around the clock.…
Crypto analytics firm Chainalysis proposes standards for blockchain tracing
The blockchain analysis company published a proposed ontology for how investigators can identify clusters of crypto addresses and link them together.…
Ripple wants institutions to borrow against tokenized assets on XRPL
A proposed XRPL standard would let institutions borrow against tokenized assets, with the blockchain enforcing loan terms while the underwriting stays with…
Can AI drain DeFi? Separating Claude Mythos hype from reality
Claude Mythos has raised concerns about AIdriven attacks on DeFi protocols. However, the same AI tools are also available to security teams, not just…