Is Clarity's delay a blessing in disguise?: State of Crypto
The crypto industry is angry and disappointed that the Senate is not holding a procedural vote on the Clarity Act this month, but that isn't the worst possible outcome.
Older stories · all sources
The crypto industry is angry and disappointed that the Senate is not holding a procedural vote on the Clarity Act this month, but that isn't the worst possible outcome.
Revenue has fallen four quarters running while open interest hit a record high. The gap is a fee-sharing program that hands half the platform's volume to outside builders.
Bitcoin ETFs recorded $853.54 million in net inflows last week, the strongest since mid-April, with BlackRock’s IBIT taking the bulk.
An industry-wide reckoning is weeding out unsustainable startups, leaving behind only the protocols with real cash flow and actual users.
The breakaway chain inherited bitcoin’s mining difficulty with only a tiny share of hashpower, leaving blocks hours apart while both chains still accept the same transactions.
The proposal has scant support from bitcoin miners and influential commentators have also voiced their opposition.
Wildberries’ average price for hardware wallets fell 13% to 7,900 rubles, and M.Video broadened its range of products, though neither retailer identified the driving force behind the renewed demand.
The rule applies to transfers above $10,000 and smaller transactions flagged as risky by exchanges.
The digital asset manager's CIO says large capital pools control up to $200 trillion globally, and just a 1% shift toward bitcoin could unlock massive long-term growth.
The $1.9 trillion asset manager says excluding established memecoins on principle would undermine its active approach to crypto investing.
The majority leader opened the multi-stage process the Senate follows when trying to get a bill over its 60-vote hurdle, so it's still got a shot in September.
BTCPay told users running LND to update immediately or take servers offline after attackers stole credentials that can control Lightning wallets and move funds.