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The House Financial Services Committee has released this year’s third draft of a stablecoin bill, meant to combine ideas from both parties in advance of a hearing next week.
The world's largest crypto exchange won registration as a crypto asset service provider (CASP) in Cyprus in October last year.
A U.S. federal judge on Tuesday rebuffed SEC's request to order a freeze on Binance.US' assets – provided the parties could agree on limits.
A complaint filed in San Francisco alleges Egorov defrauded ParaFi Capital, Framework Ventures and 1kx.
Blockchain Australia said it wants to tackle the issue "head-on by using real data," following reports that banks in the country were blocking payments to crypto exchanges.
The FTX founder pleaded not guilty to fraud in the U.S. after being extradited from the Caribbean country.
A number of SEC officials deliberated about how clear the famous speech actually was about ETH’s status.
The updated plan from mediated discussions with parent company DCG reflects “substantial agreement” on several key issues.
Crypto companies wishing to do business in the country must register with the Financial Conduct Authority.
The move could mean assets such as bitcoin (BTC) and ether (ETH) are given the maximum possible risk weight as part of a lengthy set of banking laws, which could be agreed as soon as next week.
- 23:15VanEck CEO: SEC's ruling on Ethereum ETF may signify a historic shift in crypto investmentVanEck CEO Jan van Eck stated that a significant sentiment shift is occurring in the cryptocurrency market, which is related to the U.S. Securities and Exchange Commission's approval of rule changes allowing Ethereum exchange-traded funds. Eck said this is indeed one of the most surprising things I've seen in my career in securities regulation. The U.S. Securities and Exchange Commission could potentially lose jurisdiction over digital assets. Therefore, our first reaction was to get the green light for Ethereum ETFs, but I think there are bigger reasons behind it. Van Eck stated that the "21st Century Financial Innovation and Technology Act" passed by the House of Representatives on May 8th represents another major step towards clarifying cryptocurrency regulations, although he expressed doubts about whether this bill can enter the Senate before elections.
- 23:14Linea: Linea's network remains secure, only third-party dapps are affectedLinea tweeted that Velocore DEX was hacked. As other ways to handle this vulnerability were shut down, the Linea team stopped the sequencer to prevent additional fund bridging. This is the last resort to protect Linea users. The Linea network remains safe, only third-party dapps are affected. Linea will continue to work closely with the Velocore team and support their next steps. According to previous news, Velocore suffered a hacker attack on zkSync and Linea chain, causing a total loss of about 6.8 million USD in ETH. The root cause of this vulnerability lies in a flaw within Balancer-style CPMM pool contracts.
- 23:13Goldman Sachs: Bitcoin ETF has achieved astonishing successGoldman Sachs stated that the Bitcoin ETF has achieved astonishing success.
