Crypto
Cryptocurrency, blockchain, and digital asset news.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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 financia
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.
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.
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.
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.
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.
Revolut hits $115 billion valuation in employee share sale: WSJ
The company reported strong 2025 performance, with a $2.3 billion pre-tax profit, $6 billion in revenue, and over 75 million customers.
SEC's Peirce warns some DeFi vaults, onchain lending may fall under securities laws
The commissioner said onchain vaults and lending strategies could resemble investment funds or advisers, depending on how they are structured.
UK digital bond plans hinge on one missing piece: onchain cash
Experts say Britain's digital gilt pilot can unlock trapped liquidity in financial markets only if regulators approve an onchain stablecoin.