regulations
Bank of America Flags $6 Trillion Stablecoin Risk; Senate Delays Crypto Bill
Brian Moynihan warns of massive deposit flight as Coinbase pulls support for the Senate's compromised crypto bill.
Web3
Cryptocurrencies
Eric Adams’ NYC Token Collapses 80% Amid $2.5M Liquidity Drain Allegations
On-chain data shows $2.5M in liquidity was pulled from Eric Adams' NYC Token at its peak, crashing the price 80% despite his denial of wrongdoing.
Cryptocurrencies
BlackRock Sweeps $648M as Bitcoin ETFs Post Record Inflows; Pakistan Pivots to Trump’s Stablecoin
Institutions bought the dip with $840M in ETF inflows while Pakistan signed a historic stablecoin deal with the Trump-linked World Liberty Financial.
Cryptocurrencies
M-Pesa Taps ADI Chain for Blockchain Rails; ADI Tokens Hold $1.38
The Abu Dhabi-backed L2 secures its first major utility partner, targeting cross-border settlement for M-Pesa's 60 million monthly users.
Cryptocurrencies
Sui Goes Dark: ‘Consensus Outage’ Freezes $1B for Six Hours
The high-speed Layer-1 froze $1B in TVL for nearly six hours Wednesday—its second major downtime since November 2024.
regulations
NCAA Demands CFTC Kill Switch on College Prediction Markets
NCAA President Charlie Baker calls for an immediate federal pause on prediction markets, targeting the 'regulatory loophole' used by Kalshi and Polymarket.
regulations
Russia Legalizes Retail Crypto: 300k Ruble Cap Set for 2026 Launch
Russia's new crypto framework opens the door for retail investors with a $3,800 cap, while the Moscow Exchange prepares for a July 2026 launch.
Cryptocurrencies
Coinbase Torpedoes Senate ‘Clarity Act’ Hours Before Vote; Armstrong Slams ‘Defacto Bans’
Coinbase CEO Brian Armstrong withdrew support for the Senate's CLARITY Act over stablecoin yield bans and DeFi surveillance, putting the bill's passage in jeopardy.
Cryptocurrencies
Coinbase Torpedoes CLARITY Act; Armstrong Threatens Senate Scorecard
Coinbase CEO Brian Armstrong withdraws support for the CLARITY Act over stablecoin yield bans, creating a standoff with Senate Banking leadership just days before the…
Cryptocurrencies
Ethereum Staking Breaches 30% Supply Threshold; 36M ETH Now Locked
Over 36 million ETH is now locked in the Beacon Chain, removing a third of the liquid supply as institutional yield-seeking accelerates.