Ethereum Gains Momentum as Clarity Act Advances
Ether, Solana, and XRP could see gains if the Clarity Act progresses in Congress, potentially impacting regulatory frameworks for cryptocurrencies. #Update #Crypto $ETH $SOL $XRP
Coindesk
CoinDesk.com is a prominent platform delivering essential news, market updates, and in-depth analysis on cryptocurrencies and blockchain technology. At Voted.News, we transform CoinDesk’s extensive coverage into concise, easy-to-read digests—enabling readers to keep pace with evolving market trends, regulatory shifts, and technological innovations effortlessly. Discover the best of CoinDesk.com at Voted.News, where clarity meets credibility.
Velocity Secures $48M Series A Funding
@Velocity has raised $48 million in its Series A funding round, valuing the company at $200 million, with investments from @Visa, @Circle, and @Ripple. #Update #Crypto $XRP
Crypto Hack Drains $7.8 Million Wallet
Security firms traced a $7.8 million loss from a crypto wallet to a helper contract authorized by the owner, not to @Safe itself. #Breaking #Crypto $ETH
Bitcoin Eyes $16 Million Gold Deal Boost
@StackBTC plans to acquire a $16 million gold dealer, using cash flow from precious metals sales to bolster its bitcoin holdings. #Update #Crypto $BTC
CoinEx Shuts Down After 9 Years in Business
@CoinEx will cease operations after 9 years, with CEO Haipo Yang citing security and compliance risks, opting for a “clean ending” instead of a sale. #Update #Crypto
XRP Ledger Approves Major Payments Upgrade
XRP Ledger is one vote away from implementing Batch V1.1, allowing users to bundle up to eight transactions; 27 of 35 validators support this upgrade. #Update #Crypto $XRP
Bitcoin Targets $61 Million in Iran Oil Scheme
Prosecutors seek $61 million in a civil forfeiture complaint against Iran’s alleged crypto proceeds used for military funding, highlighting concerns over illegal activities. #Breaking #Legal $BTC
Solana Transactions Surge Over 300% Advantage
Solana’s transaction size limit increases from 1,232 bytes to 4,096 bytes, enhancing capabilities for developers in multi-step trades and privacy proofs. #Update #Crypto $SOL
Democrats Counteroffer Republicans on Clarity Act
Democratic Senators are meeting to discuss a counteroffer to Republicans regarding Clarity Act provisions, impacting regulatory frameworks for cryptocurrencies. #Update #Legal
Crypto Tax Bill Advances Ahead of Hearing
The U.S. House Ways and Means Committee introduced a crypto tax bill addressing de minimis transactions and staking ahead of a hearing later this week. #Update #Crypto
Bitcoin Slides to $77,800 as Senate Vote Looms
Bitcoin slips to $77,800 as the Senate prepares to vote on the Clarity Act and oil prices rise. #Update #Crypto $BTC
Wall Street’s Crypto Push Defies Clarity Failures
The Clarity Act may provide clearer regulations for financial firms, yet significant progress in digital assets suggests Wall Street’s crypto momentum will persist despite potential setbacks. #Update #Crypto $BTC $ETH
SEC Backs Clarity Act While Enforcing Crypto Rules
SEC Chair Gary Gensler stated that the agency will continue to push for crypto regulation focusing on issuance, transfer agent modernization, and custody, supporting the Clarity Act. #Update #Crypto
Crypto Clarity Act Faces Ongoing Democratic Demands
U.S. Senator Cynthia Lummis states that Democrats continue to seek additional revisions on the Crypto Clarity Act, indicating a stalemate after five years of negotiations. #Update #Crypto