Crypto
Republican senators released a new draft of the cryptocurrency‑focused CLARITY Act, tightening rules for decentralized finance and credit unions. The bill, now 630 pages, faces a 60‑vote threshold when the Senate returns from recess next week.
Crypto
A new cryptocurrency dubbed 'LAPTOP,' associated with Hunter Biden, experienced a precipitous drop of over 98% within hours of its launch. The project's team attributed the crash to automated trading bots and insufficient liquidity, while denying scam allegations.
Crypto
Hardware wallet manufacturer Trezor has confirmed a breach of its third-party email service, leading to a wave of sophisticated phishing attempts targeting its users. The incident follows a separate security compromise at a shipping provider last month, exposing customer data.
Crypto
Germany's finance ministry has drafted legislation to tax cryptocurrency profits at 25% for purchases made after 2026, ending the current tax‑free rule after a one‑year holding period. Existing holdings will retain the exemption, while the change could raise up to €160 million for the 2027‑28 budget.
Crypto
U.S. agencies have accused six prominent Chinese artificial intelligence companies, including Moonshot AI and Alibaba, of systematically extracting capabilities from American AI models. This alleged 'industrial-scale distillation' of frontier technology raises significant intellectual property concerns and has implications for the global crypto market, which has seen volatility from AI developments.
Crypto
Bitcoin has rebounded above the $79,000 mark, driven by significant institutional interest in Zcash, particularly through its new exchange-traded fund. This surge in Zcash ETF inflows signals a potential shift towards privacy-focused cryptocurrencies within the broader digital asset market.
Crypto
Singaporean national Malone Lam admitted to leading a transnational scheme that stole roughly $245 million in cryptocurrency. The plea underscores the growing challenge of digital‑asset fraud and the intensifying response of law‑enforcement agencies.
Crypto
Bitcoin's daily chart has displayed a 'golden cross,' a technical pattern often interpreted as a signal for a potential long-term bullish trend. This development comes as significant ETF inflows are noted, though the cryptocurrency faces notable resistance levels.
Crypto
The Liquid Network has recovered approximately 85% of the Bitcoin stolen in a recent security breach, with self-proclaimed 'whitehat' hackers returning 3,400 BTC. The incident initially saw around $320 million in Bitcoin withdrawn, highlighting ongoing vulnerabilities in the broader crypto ecosystem.
Crypto
Ethereum developers plan to introduce EIP‑8141, enabling users to pay transaction fees with assets other than ETH. The change, part of the Hegotá upgrade, aims to lower entry barriers and could signal a new scaling phase for the network.
Crypto
The Bitcoin Liquid Network, a vital sidechain for cryptocurrency exchanges, has paused operations following an exploit that saw approximately 4,000 Bitcoin, valued at $320 million, withdrawn. The purported hackers claim to be 'white hats' and have pledged to return the majority of the funds once a critical vulnerability in the network's underlying software is patched.
Crypto
Around 4,000 BTC, valued at roughly $320 million, were taken from the Liquid sidechain used by major exchanges. The perpetrators describe themselves as white‑hats and say they will return most of the funds after a software bug is patched.