Commissioner Caroline A. Crenshaw warns that the SEC’s statement offers little clarity for liquid staking providers. US SEC Commissioner Caroline Crenshaw sharply criticized a staff statement released on Tuesday by the regulator’s Division of Corporation Finance that praised the SEC’s position on liquid staking activities, saying it created more confusion than clarity. “Some things are better left unsaid,” began Crenshaw’s rebuttal, in which she argued that the staff statement “only muddies the waters” by relying on unverified assumptions. Crenshaw said the statement creates a “wobbly wall of facts without an anchor in industry reality,” warning liquid staking entities to proceed cautiously: “Caveat liquid staker.” Read more
The developer tool offers customizable wallets, USDC rewards and deeper integration with Coinbase’s Base app, aligning with recent pro-crypto legislation. Crypto exchange Coinbase is launching a developer tool aimed at simplifying wallet onboarding and boosting technical capabilities, as self-custody gains momentum in the United States following the passage of pro-crypto legislation earlier this month. Offered through the Coinbase Developer Platform (CDP), the Embedded Wallets tool gives developers access to the same infrastructure that will power Coinbase’s forthcoming decentralized exchange, the company disclosed Tuesday. The toolkit offers native rewards in USDC (USDC), the stablecoin issued by Circle. Users can earn 4.1% APY on USDC balances held within the wallets, without requiring staking. According to the Coinbase Developer Platform, this APY can either be retained by developers or passed on to users. Read more
Bitcoin has outperformed Berkshire and its top holdings in 2025, highlighting the cost of ignoring BTC as a hedge or growth asset. Key takeaways: Berkshire could have made $850M from Bitcoin with just a 5% allocation. Bitcoin has outperformed Berkshire stock and its top holdings in 2025. Read more