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The latest crypto headlines, updated continuously. · Page 190

Arbitrum-based AFX Trade drained of $24 million after bridge keys compromised
crypto4 months ago

Arbitrum-based AFX Trade drained of $24 million after bridge keys compromised

Security firms said the attacker used enough hot-validator signatures to approve a 24.15 million USDC withdrawal, while Arbitrum said its native bridge was not affected.

CoinDesk

White House accuses Moonshot AI of distilling Anthropic tech for K3
crypto4 months ago

White House accuses Moonshot AI of distilling Anthropic tech for K3

US officials warn that Chinese firms conducting covert, industrial-scale AI distillation could face sanctions and export restrictions.

Cointelegraph

XRP whales accumulate as small holders capitulate
crypto4 months ago

XRP whales accumulate as small holders capitulate

XRP whales accumulate 2.8% more tokens over five weeks as small holders capitulate, sending the price back above $1.16.

CoinDesk

Bitcoin wilts as oil and rates rise. Clarity Act odds tumble to 38%
crypto4 months ago

Bitcoin wilts as oil and rates rise. Clarity Act odds tumble to 38%

Geopolitical risks, rising rates, and fresh regulatory setbacks send crypto lower as key Democrats demand stronger safeguards in the market structure bill.

CoinDesk

SEC settles Coinbase suit over ‘text messages that disappeared’
crypto4 months ago

SEC settles Coinbase suit over ‘text messages that disappeared’

The settlement follows a watchdog report last year that blamed “avoidable errors” for the loss of nearly a year’s worth of Gary Gensler’s text messages.

Cointelegraph

AFX protocol reportedly loses $24M in bridge exploit
crypto4 months ago

AFX protocol reportedly loses $24M in bridge exploit

Offchain Labs said the incident involved a third-party protocol and did not affect Arbitrum’s native bridge infrastructure.

Cointelegraph

Senator Lummis: Ethics, other provisions in crypto Clarity Act to be further discussed
crypto4 months ago

Senator Lummis: Ethics, other provisions in crypto Clarity Act to be further discussed

Senator Cynthia Lummis, one of the lead negotiators on the bill, told CoinDesk she was "pleased" that the updated bill was ready for release.

CoinDesk

Key Democratic lawmakers say crypto Clarity Act 'falls short' on ethics, other issues
crypto4 months ago

Key Democratic lawmakers say crypto Clarity Act 'falls short' on ethics, other issues

Several of the Democrats most likely to vote for the crypto market structure bill said they had issues with the new draft published by Republicans earlier in the day.

CoinDesk

S&P launches blockchain fundamentals index for digital assets
crypto4 months ago

S&P launches blockchain fundamentals index for digital assets

The benchmark tracks blockchain networks using protocol revenue, offering an alternative to traditional market capitalization-weighted crypto indexes.

Cointelegraph

Tesla holds bitcoin treasury steady, reports $112M impairment loss
crypto4 months ago

Tesla holds bitcoin treasury steady, reports $112M impairment loss

The electric vehicle maker maintained its 11,509 BTC treasury through the second quarter as bitcoin declined 14%, alongside mixed earnings that beat revenue expectations but missed on profit.

CoinDesk

Crypto PAC pours $1M into Michigan Democratic primary race
crypto4 months ago

Crypto PAC pours $1M into Michigan Democratic primary race

Donavan McKinney, running against Michigan incumbent Shri Thanedar, said that “the crypto lobby is paying my opponent back for helping Trump“ with the PAC-funded ads.

Cointelegraph

US officials barred until 2029 from issuing or sponsoring tokens under CLARITY’s proposed ethics rules
crypto4 months ago

US officials barred until 2029 from issuing or sponsoring tokens under CLARITY’s proposed ethics rules

According to Senator Cynthia Lummis, one of the bill’s advocates, the ethics language would apply to US presidents’ crypto ventures, including Donald Trump’s.

Cointelegraph

Anthropic joins UK FCA’s AI regulatory sandbox as second cohort launches
crypto4 months ago

Anthropic joins UK FCA’s AI regulatory sandbox as second cohort launches

Anthropic will provide Claude AI models to companies participating in the UK Financial Conduct Authority’s next Supercharged Sandbox cohort, as the regulator pushes to test AI applications in financial services.

Cointelegraph

SEC’s Peirce says crypto vaults and onchain lending may fall under securities laws
crypto4 months ago

SEC’s Peirce says crypto vaults and onchain lending may fall under securities laws

The SEC commissioner said crypto vaults, onchain lending products and other asset management tools may trigger US securities laws depending on how they are structured and operated.

Cointelegraph

Digital Chamber sues Illinois officials over new state 0.2% crypto tax
crypto4 months ago

Digital Chamber sues Illinois officials over new state 0.2% crypto tax

The group alleged that the tax signed into law in June “discriminates against people who transact in digital assets“ and should be blocked from implementation and enforcement.

Cointelegraph

New Clarity Act emerges that's a start on the final draft, makes ethics rule temporary
crypto4 months ago

New Clarity Act emerges that's a start on the final draft, makes ethics rule temporary

Lawmakers have circulated text of the latest draft that will be pushed toward a Senate finish line, but they're still debating a core government-ethics piece.

CoinDesk

BitGo, OTC Markets plan tokenized securities access for broker-dealers
crypto4 months ago

BitGo, OTC Markets plan tokenized securities access for broker-dealers

The proposed alliance would enable more than 150 broker-dealers to trade and settle digital asset securities through OTC Link ATS using BitGo’s custody infrastructure.

Cointelegraph

Bitcoin price avoids major Iran jitters as S&P 500 ‘short squeeze’ on horizon
crypto4 months ago

Bitcoin price avoids major Iran jitters as S&P 500 ‘short squeeze’ on horizon

Bitcoin and US stocks stayed strong in the face of US-Iran escalation as analysis predicted BTC price action outperforming equities later.

Cointelegraph