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@Ethereum and @Coinbase-backed Base have abandoned plans for a unified crypto wallet standard after months of negotiations, prioritizing their individual blockchain goals over interoperability. #Update #Crypto $ETH
Brooks warns the upcoming Fed meeting poses challenges for Warsh, potentially disappointing markets. A weaker dollar may support $BTC, despite rising yields traditionally being bearish for non-yielding assets. #Update #Crypto $BTC
Zcash holders voted 99.3% for immediate NU7 upgrade and 96.6% to delay ZEC reissuance until February 2031, enhancing transaction speed and privacy without altering supply. #Update #Crypto $ZEC
Crypto traders faced significant losses as $571 million in long positions were liquidated following the Clarity Act’s failed Senate vote, with $BTC and $ETH longs hit hardest. #Update #Crypto $BTC $ETH
Legislative talks on the crypto industry’s Clarity Act falter as President Trump’s concessions are deemed insufficient by key Democratic negotiator Ruben Gallego, raising concerns over corruption. #Update #Crypto $BTC
The Senate’s failure to advance the Clarity Act leaves U.S. crypto regulation uncertain, prompting industry leaders to seek clarity as firms eye jurisdictions like Europe for clearer rules. #Update #Crypto $BTC
The SEC proposed Regulation Crypto Assets to facilitate crypto fundraising, but Chairman Paul Atkins warned it lacks durability without legislative support. Fairshake’s PAC is undecided on political strategies ahead of the Nov. 3 election. #Update #Crypto
@Kamino, a leading Solana lending protocol with $1.4 billion in assets, appoints Yieldstreet co-founder Michael Weisz as CEO and expands to New York for onchain credit and tokenized assets. #Update #Crypto $SOL
The White House dismisses bankers’ concerns over the Crypto Clarity Act as misguided, while industry advocates stress the importance of a yes vote to keep legislative discussions alive. #Update #Crypto
The European Central Bank (ECB) invites euro zone merchants to join a digital euro pilot, testing technology and user experience ahead of a potential 2029 launch. #Update #Crypto $EUR
A hacker exploited two software bugs to generate over 46 billion fake BTC tokens from just 25 cents of Bitcoin on a DeFi bridge, causing preliminary losses of 9.97 BTC for @Symbiosis. #Breaking #Crypto $BTC (-10) ↘
@StandardChartered predicts a 70-fold increase for $ARB to $10, driven by anticipated revenue from Robinhood Chain and tokenization’s appeal to traditional finance. #Update #Crypto $ARB
Rep. Shri Thanedar (D-Mich.) calls for 60 Senators to prioritize innovation and support the Clarity Act for the digital asset industry. #Update #Crypto
@AlexTapscott argues that banks could benefit from the Clarity Act, which may provide regulatory certainty in the cryptocurrency space. #Update #Crypto
