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A coalition of more than 200 companies and organizations sent a letter dated June 7 to Senate Majority Leader John Thune and Senate Minority Leader Charles Schumer, urging them to bring the CLARITY Act to the full Senate floor for a vote without delay. Signed by Stand With Crypto, the Blockchain Association, the Crypto Council …
South Korean police opened the country's first illegal gambling probe into domestic Polymarket users on Jun. 5, targeting residents who placed bets on the Jun. 3 local election outcomes. The Gangwon Provincial Police Agency is leading the investigation at the request of the National Police Agency, tracing cryptocurrency transaction records to identify users nationwide. Those …
Crypto exchanges are seeing the weakest retail-driven activity in years, but some of the biggest platforms are finding a lucrative new source of volume in Wall Street-style bets on gold, silver, oil, stocks, and indexes. According to a CryptoQuant report shared with CryptoSlate, the shift is emerging during one of the weakest trading periods for …
The following is a guest post and opinion from Ben Nadareski, Co-founder & CEO of Solstice . Institutions were never going to arrive in crypto the way crypto wanted them to. No stampede into governance tokens. No CFO proudly announcing that idle treasury had been rotated into volatile assets. No pension fund committee suddenly speaking …
The Trump Media Bitcoin treasury entered a new pressure point after reports citing Arkham and Lookonchain-tracked wallets said 2,650 BTC moved to Crypto.com last week. Exchange deposits are commonly read as a sale signal, especially when coins tied to a corporate treasury move from visible storage toward a centralized trading venue. The transfer is a …
Crypto can feel bullish and bearish simultaneously because its major sectors have stopped moving together. Bitcoin collects institutional ETF flows while DeFi contracts, stablecoins expand into payment infrastructure, while altcoins lag, and layer-2 (L2) networks process record volumes while their tokens reprice sideways. Bitwise CEO Hunter Horsley offered a framework for the contradiction, arguing that …
The Senate Banking Committee meets in executive session later today, May 14, to consider the CLARITY Act, a bill that already cleared the House 294-134 in July 2025 and needs at least 7 Democratic votes to advance in the full Senate. Hashdex CIO Samir Kerbage reads the current crypto price action as confirmation that
X has given users a new way to turn down the noise in their For You feeds. The first signal from that tool should make the crypto industry uncomfortable. According to X product executive Nikita Bier, crypto ranked as the most-snoozed topic since the platform began rolling out topic snoozing for Premium subscribers. It came …
Kalshi is reportedly preparing to offer US crypto perpetual futures, while Polymarket announced today that perpetual contracts are coming to its platform and opened early access sign-ups. Hyperliquid's docs support outcome token trading alongside its mainnet-deployed perpetuals via the Hyperliquid Improvement Proposal 4 (HIP-4). Pump.fun has evolved over the past few years into a social …
Tehran is fighting a new price signal in public Mohammad Bagher Ghalibaf chose a strange phrase for a dangerous moment. In the middle of a live crisis around the Strait of Hormuz, Iran’s parliament speaker mocked “vibe-trading digital oil” and took a swipe at US Treasuries as well, turning a market argument into part of …
Users paid $9.7 billion in on-chain fees in the first half of 2025, up 41% year over year and the second-highest total on record. 1kx projects more than $32 billion in on-chain fees for 2026, driven by accelerating application growth. That growth has pushed the word “revenue” into every crypto investor pitch deck, every sector …
Crypto traders traded more than $500 million in synthetic oil futures over the weekend on the decentralized exchange Hyperliquid, betting that renewed military conflict in the Middle East could push crude prices back to $100 a barrel. The surge in blockchain-based trading followed Iran's abrupt decision to shut the Strait of Hormuz to commercial shipping, …
For most of its life, crypto lived outside the financial system. If you wanted to move dollars in or out of an exchange, that money still had to pass through a regular bank somewhere along the way. Most people assumed it would stay that way until Washington finally decided how to regulate it. But that …
Crypto rhetoric has long prized the ability to transact without gatekeepers, to move value across borders without asking permission, and to hold assets no institution could seize. Crypto culture treated these as design virtues, properties that builders embedded with ethical weight by deliberate architectural choice. Then the Drift exploit happened, and the backlash told a …
For most of the past two years, debate about stablecoins in payments has focused on the checkout screen: will consumers ever tap a wallet instead of a card? Visa, Stripe, and Mastercard have answered with their capital. Visa now settles in USDC, Stripe bought Bridge, and Mastercard is acquiring BVNK. Each move reflects the same …
More than 80 crypto projects formally shuttered or began winding down in the first quarter of this year. RootData’s “dead-project” archive, which tracks closures, bankruptcies, and chronic project inactivity, logged 86 casualties as of March 20. The pullback has spared almost no corner of the ecosystem, sweeping across digital wallets, NFT marketplaces, decentralized finance (DeFi) …
Crypto AI company OpenServ is trying to sell two things at once: an AI infrastructure story and a crypto token story. Its claim that its new model, SERV Nano, can match or beat OpenAI on some tasks has made that pitch more interesting, but they have also raised the standard of proof. The company describes …
For decades, the oil market moved on a very familiar and very predictable schedule. The biggest signals came from legacy futures venues; traders knew where the deepest pools of liquidity were and when they'd come alive. But, like almost everything else, oil too hasn't been immune to the modern market's hunger. Its rhythm has started …
This month, Kentucky lawmakers advanced another bill that critics say could make self-custody impossible for hardware wallet manufacturers to deliver without building a backdoor into their products. It comes after passing a bill last year protecting residents' right to use crypto wallets. The vehicle is HB 380, a consumer-protection measure aimed at cryptocurrency kiosks. Its core …
The SEC and CFTC just gave crypto its clearest and most straightforward regulatory guidance in years. Most crypto assets will no longer be treated as presumptive securities, and the agencies drew a sharper line between open crypto markets and tokenized versions of traditional financial products. Under normal conditions, that kind of clarity should have been …
