A group of crypto advocacy groups have urged lawmakers to include a bill protecting software devs from being labelled as money transmitters included in a crypto market structure bill. The largest US crypto lobbying groups have asked lawmakers to include protections for software developers and infrastructure providers in a bill aiming to regulate the crypto...Continue Reading

Institutional inflows and rising Ethereum transaction fees contrast with sluggish network activity and caution on the Ether futures market. Key takeaways: ETH futures show weak bullish sentiment despite strong ETF inflows. More upside appears limited due to weak network activity and competitors like Solana. Read moreContinue Reading

Chainalysis told WIRED that it tracked a $31 million Bitcoin donation to online black market Silk Road founder Ross Ulbricht to a successor marketplace called Alphabay. A crypto wallet tied to the defunct dark web marketplace Alphabay was reportedly behind the donation of $31 million worth of Bitcoin to Silk Road creator Ross Ulbricht, according...Continue Reading

Uber CEO Dara Khosrowshahi says the ride-sharing giant is looking at whether stablecoins can help it cut costs when moving money around the world. Ridesharing giant Uber is in the “study phase” of using stablecoins to help reduce the costs of moving money around the world, says its CEO Dara Khosrowshahi. Khosrowshahi said on stage...Continue Reading

Bitcoin long traders took a hit over the past 24 hours amid Bitcoin’s price dwindling amid broader macroeconomic tension and continued sell-offs by long-term holders. Investors who went long on Bitcoin saw significant losses over the past 24 hours as the cryptocurrency dipped nearly 3%, nearing a retest of the $100,000 level. The price decline...Continue Reading

Ethereum OG Ryan Berckmans explains Ethereum’s new strategy and what it could mean for ETH’s future price action. Ether (ETH) is back in the spotlight, surging nearly 50% in the past month and outpacing most other major crypto assets. But what’s really fueling this dramatic comeback? And is it sustainable? In an exclusive interview with...Continue Reading

The Justice Department has filed a civil forfeiture complaint to seize crypto and NFTs allegedly tied to laundering efforts by North Korea. The US Department of Justice has moved to seize $7.74 million in crypto allegedly earned by North Korean IT workers using fake identities and working at blockchain firms as remote contractors.   The funds...Continue Reading

Wyoming Senator Cynthia Lummis was one of the few voices in Congress tying Michelle Bowman’s confirmation to a win for cryptocurrency policies. The US Senate has confirmed Michelle “Miki” Bowman as President Donald Trump’s pick to be vice chair for supervision for the Federal Reserve, signaling a potential change in the central bank’s regulatory approach...Continue Reading

Asian media outlets report unverified rumors of Chinese ban on owning Bitcoin, Gate.io faces $30M bill after perps liquidation fiasco: Asia Express The crypto industry has never been short on rumors suggesting that China is preparing to un-ban Bitcoin since the nations 2021 crackdown on crypto trading and mining. But this past week, the narrative...Continue Reading

Maple’s expansion to Solana is powered by Chainlink’s CCIP, which allows data transfer between EVM and SVM ecosystems. Lending platform Maple Finance is expanding to the Solana network in a bid to reach a broader class of users. According to a June 5 announcement shared with Cointelegraph, the company is deploying its syrupUSD yield-bearing stablecoin...Continue Reading