Blockchain Industry Updates & Privacy News
The US Senate Banking Committee advanced the CLARITY Act, establishing a federal regulatory framework for digital assets. The bill clarifies SEC and CFTC roles and could provide legal safeguards for DeFi, now heading to the full Senate.
Read MoreCoinList has launched Passage, a new on-chain capital markets infrastructure designed to solve compliance and fragmentation issues in tokenized asset distribution. It connects issuers, investors, and networks to enable large-scale circulation of assets like stocks and funds.
Read MoreBitcoin has surged past the $82,000 mark, currently trading at $82,009.39, with a 24-hour gain of 3.54%. The market is experiencing heightened volatility, prompting a strong reminder for investors to exercise caution and implement robust risk management measures.
Read MoreA U.S. Senate committee approved an amendment extending insider trading prohibitions to crypto assets, particularly "ancillary assets." The measure passed 18-6 but faces criticism for potential regulatory gaps regarding assets with security-like features. The underlying market structure bill now proceeds to detailed voting.
Read MoreDuring the CLARITY Act debate, Senators Van Hollen and Cynthia Lummis clashed over adding DeFi anti-money laundering amendments. Van Hollen supported holding protocol developers accountable, while Lummis argued existing laws are sufficient. The amendment was rejected 11-13.
Read MoreSenator Elizabeth Warren's amendment to force federal banking regulators to release records related to Jeffrey Epstein's financial transactions was rejected by a Senate committee. The proposal aimed to investigate Wall Street banks' role in servicing Epstein despite red flags, but failed 11-13 during consideration of broader financial legislation.
Read MoreCrypto exchange Kraken is adopting Chainlink's CCIP as its primary cross-chain solution for wrapped assets, replacing its previous provider. This strategic shift follows a major $292 million cross-chain exploit last month, aiming to enhance security through a more decentralized oracle network.
Read MoreU.S. stocks continued their upward trajectory on May 14th, with the tech-heavy Nasdaq Composite leading the charge with a solid 1% gain. The broader S&P 500 and Dow Jones Industrial Average also posted significant increases, reflecting sustained market optimism.
Read MoreRecent market reports indicate a major trader has successfully supplied Iraqi Basra crude to clients via ship-to-ship transfer near Fujairah. This marks a significant development as Iraqi oil rarely enters the spot market following Strait of Hormuz disruptions, potentially signaling shifts in regional energy trade patterns.
Read MoreUS Treasury Secretary indicates Iran's oil storage is full, potentially forcing a production halt. The US blockade has prevented tanker loadings at key export terminals, diverting numerous vessels. Tehran's options are narrowing as the sanctions bite.
Read MoreBitcoin has surged past the $81,000 mark, currently trading at $81,005.66 with a 24-hour gain of 1.57%. Heightened market volatility underscores the need for investors to exercise caution.
Read MoreBinance has announced a further delay in launching spot trading for Gensyn (AIGENSYN), rescheduling it for early the next day. The exchange aims to ensure all preparations are complete, prompting market watchers to stay updated on the new timing.
Read MoreInteractive Brokers launches a unified prediction market trading service, integrating multiple prediction contracts with stocks, options, forex, futures, crypto, and bonds. The platform offers real-time liquidity views, centralized portfolio management, and reporting, now available to eligible clients.
Read MoreU.S. Senator Elizabeth Warren has formally urged the SEC to investigate the cryptocurrency-related business activities of former President Trump's family. This move highlights increasing regulatory scrutiny over political figures' involvement in the digital asset sector.
Read MoreOn May 14, leading crypto asset manager 21Shares launched the first actively managed cryptocurrency ETF (TKNS) in the U.S. market. The fund invests at least 80% of its net assets in crypto assets, employing a core Bitcoin and diversified research-driven strategy, offering investors a novel way to access the digital economy.
Read More