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Security researcher finds Zcash vulnerability allowing ‘unlimited’ counterfeit minting; ZEC drops 31%
The vulnerability was fixed within days, and findings suggest that actual exploitation of the bug is unlikely.
White House crypto adviser Witt defends Clarity Act, calls it ‘pro-law enforcement’ as lawmakers race to pass bill
The White House's top cryptocurrency adviser, Patrick Witt, called the Clarity Act a "pro-enforcement bill," despite …
Crypto Clarity Act in spotlight for bad-actor provisions as Senate process grinds forward
The industry has been trying to make a case this week the Clarity Act provides law enforcement strong tools to combat…
OCC chief says Democrats applying sole political pressure in World Liberty charter choice
The regulator rejected claims he's doing President Trump's bidding during a congressional hearing that also addressed…
A 2011 physical Bitcoin loaded with 25 BTC was just unlocked during the $62k selloff
A Casascius coin tied to 25 BTC moved this week, converting a 2011 physical Bitcoin artifact into spendable BTC durin…
Ether.fi allocates $100 million to a Plume RWA vault, giving users access to yield
The allocation comes from a mix of ether.fi's liquidity provider base and managed capital from its existing liquid va…
Chainalysis says ‘top-tier’ gray market peptide vendors turn to bitcoin and stablecoins
“To scale, the gray-market peptide trade adopted cryptocurrency as its backbone,” Chainalysis said in a report.
JPMorgan says crypto bill may have only a narrow window for passage this year
JPMorgan analysts said the crypto market structure bill, or Clarity Act, may have only a narrow window for passage th…
Senate Republicans urged financial regulators to rework bank capital rules for digital assets
A group of Senate Republicans is pressing key financial regulatory agencies to clarify capital standards for digital …
Not all Ethereum layer 2s are dying, but many general-purpose chains no longer have a reason to exist
In this week's edition of The Protocol Newsletter, we're looking at the state of the Ethereum layer-2 ecosystem.
Cosmos Labs acquires block explorer Mintscan, forms Korea subsidiary to expand ecosystem
Cosmos Labs has acquired Cosmos block explorer Mintscan and formed a new Korea-based subsidiary, Cosmos Labs Korea.
Coinbase and Better fund first bitcoin-backed mortgage, plan nationwide rollout soon
Coinbase and Better have funded the first Fannie Mae-backed mortgage using bitcoin as collateral, with a nationwide r…
‘When the market offers discounts, we lean in’: DDC Enterprise lifts bitcoin holdings to 2,804 BTC
DDC Enterprise added 90 bitcoin, raising its total holdings to 2,804 BTC and reaching 28th among public corporate hol…
Russia sanctions British teenager for alleging A7A5 use in funding Ukraine war
The A7A5 stablecoin was designed to bypass sanctions imposed on Russia following its invasion of Ukraine in 2022.
JPMorgan warns time is running short for crypto market structure bill
The Clarity Act still faces several legislative hurdles, and disputes over stablecoin yield have emerged as a key sti…
Arthur Hayes sells entire HYPE and NEAR positions, citing AI IPOs and US midterms
Hayes faced backlash from social media users after selling the tokens days after publicly touting them.
Coinbase, SpaceX, Meta join DOJ anti-scam operation that froze $3.8 million in crypto
Private-sector firms joined the DOJ's "Disruption Week," freezing $3.8 million in crypto and disrupting 1.4 million s…
Polymarket’s UMA vote upholds ‘No’ outcome on Strategy bitcoin sale market despite backlash
The dispute centers on Strategy's disclosure that it sold 32 BTC for roughly $2.5 million between May 26 and May 31.
Bitmine to launch STRC-style preferred stock offering amid $9.2 billion unrealized ETH losses
The company plans to use the net proceeds for general purposes, which may include purchasing additional ETH and expan…
New DeFi entrant widens field of crypto political campaign funds as elections loom
The Defend Developers PAC is aiming to contribute to lawmakers who seek to shield crypto developers from legal vulner…
Bessent backs summer push for Clarity Act, says bitcoin reserve moving at ‘deliberate speed’
Treasury Secretary Scott Bessent said the department is moving at a "deliberate speed" to establish a strategic bitco…
Sen. Lummis says JPMorgan CEO Jamie Dimon hasn’t read Clarity Act, calls remarks ‘distasteful’
Republican Senator Lummis said the JPMorgan CEO "either hasn't read" the Clarity Act "or he wants to mislead people."
Crypto industry launches PAC focused on software developer safeguards as elections near
A new cryptocurrency-focused PAC has emerged, this time with an exclusive focus on software developers as midterm ele…
House of Lords committee urges UK regulators to ease stablecoin rules that could stifle market growth
A UK House of Lords committee warned that Britain lags the U.S. and the EU on stablecoins, calling on the BoE and FCA…
Grayscale gets behind the hype, launching its HYPG Hyperliquid ETF on Nasdaq
Grayscale entered the ring with its own Hyperliquid linked ETF, setting a new low for fees as competition intensifies…
Crypto PACs go undefeated in June primaries as Fairshake scores bipartisan winning streak
Winners included Democrats Zoe Lofgren, Ted Lieu, Dave Min and Rob Menendez, as well as Republican Sen. Mike Rounds, …
DOJ, CFTC probe George Santos over Kalshi trades tied to State of the Union appearance: report
DOJ and CFTC are investigating George Santos after Kalshi flagged trades where he allegedly bet against his own State…
Apparent Zcash outage was a block explorer problem, infrastructure providers say
One expert said the issue was mainly with block explorers tracking the onchain activity.
UK's financial watchdog cracks down on Premier League crypto partnerships
The FCA said unauthorized firms could be breaching rules on financial promotions through high-profile sponsorships de…
Trezor says your crypto is safe after Ledger audit exposes a hardware flaw
The flaw affects only one of the wallet's multiple security layers and would require physical access, specialized equ…