The U.S. Senate Banking Committee has put out a 309-page crypto market structure bill, and for once Washington is trying to write rules instead of pretending subpoenas and enforcement-only theater count as policy. 309-page crypto market structure bill Consumer protection, stablecoin oversight, AML, and DeFi clarity Ethics fight could slow the whole thing down Stablecoin […]
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OP_NET is trying to do something Bitcoin purists usually hate on sight: bring smart contracts and DeFi-style functionality directly to Bitcoin Layer 1 without bridges, sidechains, or separate Layer 2s. The pitch is simple, brash, and very on-brand for crypto—keep BTC native, use bitcoin as gas, and stop routing value through a trust-me-bro obstacle course. […]
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Adam Back says Bitcoin is outmuscling DeFi where it matters most: security. Speaking at Consensus Miami 2026, the Blockstream CEO argued that Bitcoin's simpler design is proving more reliable than the smart-contract-heavy plumbing behind much of decentralized finance. Bitcoin vs DeFi: Back says Bitcoin is winning the “security war.” Adoption waves: Retail first, spot ETFs […]
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Ethereum is reportedly moving slightly more value on-chain than Bitcoin, and that says more about how the two networks are designed than about some dramatic “ETH killed BTC” moment. Ethereum on-chain volume is now said to edge out Bitcoin’s DeFi, stablecoins, smart contracts, and Layer 2s are driving ETH activity CryptoQuant data points to ongoing […]
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The CLARITY Act has entered the kind of Senate knife-fight that usually decides whether crypto gets real rules or another pile of vague promises. This round centers on stablecoin yield, and Washington is once again pretending a few words in a draft bill aren’t a battle over who controls the financial rails. Stablecoin yield restrictions […]
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The Senate’s latest CLARITY Act Update: Senate Makes Big Decision on Stablecoin Yield Rewards draft tightens U.S. stablecoin yield rules, restricting passive rewards while preserving activity-based crypto incentives. That’s a partial win for the industry, a partial loss for the banks, and a reminder that Washington’s favorite hobby is turning simple things into legal abstractions. […]
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Washington is moving closer to a real crypto market structure law, and the Coinbase-backed Clarity Act is starting to look less like wishful thinking and more like a bill that could actually land on a president’s desk by summer 2026. Tim Scott is pushing Senate action this month SEC vs. CFTC jurisdiction remains the core […]
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North Korean Hackers Stole $577M from DRIFT and Kelp North Korea-linked hackers are reportedly behind a massive $577 million crypto theft tied to DRIFT and Kelp-related targets, a reminder that DeFi’s biggest vulnerability is still the humans, permissions, and sloppy security wrapped around it. Reported loss: $577 million Targets: DRIFT and Kelp-related assets Suspected attackers: […]
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TRM Labs: North Korea-linked hackers drove 76% of early 2026 crypto thefts North Korea-linked hackers have turned crypto theft into a full-time revenue engine, with TRM Labs saying they were behind roughly 76% of global crypto hack losses in the first four months of 2026. $577 million stolen in early 2026 76% of global crypto […]
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Stablecoins are no longer just a remittance hack for sending dollars across borders. New data, corporate adoption, and the Tether-vs-Circle fight in DeFi show they’re becoming real financial infrastructure. Stablecoins are shifting from cross-border remittances to everyday payments Tether and Circle are fighting for DeFi, settlement, and trust Meta, Western Union, and regulators are pushing […]
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