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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Crypto Clarity Act Gains Momentum as Senate Eyes Key May Markup The Digital Asset Market Clarity Act is picking up speed in the Senate, with lawmakers moving closer to a markup that could land as soon as mid-May. The real test now is whether Congress can stop talking itself into circles long enough to actually […]
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DeFi just absorbed another hard hit and, somehow, the broader market barely noticed: roughly $300 million was raised for Kelp’s rsETH holders after an exploit, while ETH’s price stayed largely unchanged. That’s both impressive and a little unsettling. It shows the ecosystem can move fast when trouble hits, but it also reminds everyone that “trustless” […]
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The CLARITY Act was supposed to give the U.S. a cleaner rulebook for crypto, defining who regulates digital assets and where stablecoins, DeFi, and exchanges fit in. Instead, it’s getting stuck in the usual Washington swamp: banking lobby fights, Trump-linked ethics drama, and a legal knife fight over whether software developers should be treated like […]
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Ethereum is pulling ahead in holder count, with nearly 190 million non-empty addresses compared with Bitcoin’s 59.1 million, but the metric says as much about network design as it does about adoption. Ethereum holders: about 189.5 million non-empty addresses Bitcoin holders: about 59.1 million non-empty addresses Gap: ETH now has more than triple BTC by […]
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