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CLARITY Act Hits a Fresh Senate Roadblock

The latest version of the U.S. CLARITY Act is facing a major political hurdle after a group of key Senate Democrats formally announced their opposition to the current draft. Crypto journalist Brendan Pedersen summed up …

AI

Verus Ethereum Bridge Suffers Second $7.5 Million Exploit

The Verus Ethereum Bridge was exploited for $7.5 million after an attacker used a 0.01 VRSC transaction to trigger unbacked payouts of 1,137 ETH, 71.5 tBTC, and other tokens to a single wallet. Security firms said the a…

AI

Korea Stock Index Remains Volatile After 30% AI-Driven Selloff

The Korea stock index remains volatile after the KOSPI dropped about 30% from its June peak in less than a month. The decline reportedly triggered margin calls for around 1.2 million trading accounts, with about 360,000…

AI

XRP whales accumulate as small holders capitulate

Payments-focused cryptocurrency XRP’s price has risen over 8% in five weeks and during this time, there has been a notable divergence in accumulation trends of large holders or whales and small holders.

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Ripple Backs Clarity Act as Bill Heads to Senate Vote

A big crypto bill just cleared another step. It’s called the Clarity Act, and it’s now ready for a vote in front of the whole Senate. The Clarity Act is 616 pages long. It sets rules for digital assets like Bitcoin and …